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Colorado Springs, Denver Among Least Taxed U.S. Cities
Colorado Springs ranks 331st and Denver 296th among 343 cities for lowest property tax burdens, with Boulder homeowners paying 3.01% of income, SmartAsset found.
- SmartAsset's new study found Colorado Springs, Colorado ranked 331st and Denver, Colorado 296th among the 343 largest U.S. cities for property-tax burden.
- Nationally, New Jersey, Connecticut and California showed the highest burdens, with Paterson, New Jersey at 9.8%, while Arizona and Alabama cities ranked among the least expensive, including Montgomery, Alabama at 1.1%.
- In Colorado, Boulder homeowners pay about 3.01% of income and $5,898 annually, nearly three times the $1,966 paid by Colorado Springs homeowners at 1.5%.
- Homeowners in the Mile High City face a property tax burden of less than 2%, and Colorado's largest cities generally showed some of the lowest burdens, according to SmartAsset.
- Across the 343 largest U.S. cities, Colorado contrasts with high-burden cities like Paterson, New Jersey, while Colorado Springs, Colorado was the overall least expensive city in the state.
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Colorado Springs, Denver residents pay among lowest property taxes in U.S.
(The Center Square) – Colorado Springs and Denver rank among the least expensive U.S. cities for property tax burden, while Boulder homeowners pay some of the most expensive in the state.
·Cherokee County, United States
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Total News Sources50
Leaning Left4Leaning Right8Center16Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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