How Do Property Taxes Work for a Home in Crested Butte?

Your bill equals your home's assessed value times the mill levies of the taxing districts where it sits. The Gunnison County Assessor sets actual value, the state sets assessment rates, and each district sets its own levy. For tax year 2026, the county lists a residential rate of 7.05 percent for school districts and 6.8 percent for local governments. This is general information, not tax advice.

How is the tax calculated?

Per Gunnison County: for school districts, multiply actual value by 7.05 percent, then multiply by the school mill levy and divide by 1,000. For local governments, first subtract 10 percent of actual value (the reduction is capped at $70,000), multiply by 6.8 percent, then by the local mill levy and divide by 1,000. Add the two for your total.

The county's example uses a $100,000 home in tax district 100 with 2025 levies of 26.677 (schools) and 23.973 (local governments), for about $334.78 total. Final levies are not set until December, so use your own statement for real numbers.

When are taxes due?

The Treasurer mails bills after January 1, and 2026 taxes are billed in January 2027. Gunnison County's FAQ, as I reported earlier, lists April 30 to pay in full, or two payments due February 28 and June 15. Colorado law (C.R.S. § 39-10-104.5) allows installments, and late interest runs 1 percent per month. Call the Treasurer's Office at 970-641-2231 to confirm your dates.

Why does my bill look different from my neighbor's?

Different taxing districts cover different land. A home in the Town of Crested Butte may pay a town levy, while a rural parcel does not. Fire, school, library, water and special districts all add up.

What if I think my valuation is wrong?

Contact the Assessor's Office about your Notice of Valuation and use the appeals process. Disputes over value go through the Assessor, while questions about your bill go to the Treasurer. Check deadlines on your notice.

What should buyers know?

• Taxes are paid in arrears. The bill you pay in 2027 is for the 2026 tax year.
• Closing prorates taxes. Your title company will prorate between buyer and seller.
• Reassessment can change your bill. Your first bill after buying may differ from the seller's.
• Escrow. Many lenders collect taxes monthly and pay the county for you.
• Ask for the latest statement. It shows the districts and the actual amount.

What is the bottom line?

Learn the formula, ask for the actual statement and find out which districts apply. A local agent can point you to the right office.

What is the 2026 residential assessment rate in Gunnison County?

7.05 percent for school districts and 6.8 percent for local governments (after the reduction), per the county.

When are Gunnison County property taxes due?

April 30 in full, or February 28 and June 15 in two payments, per the county's FAQ. Confirm with the Treasurer.

Who do I call?

The Treasurer at 970-641-2231 for bills; the Assessor for valuation disputes.

Are Colorado property taxes high?

They are relatively low compared with many states, according to the Gunnison Crested Butte visitor site, but your bill depends on your value and districts.

Connect with a great real estate agent in Crested Butte, Kelsey Loftis with Crystal Peak Properties. Phone: (970) 784-6768 · Email: kelseyloftis@gmail.com · Website: crystalpeakproperties.com