How Much Are Property Taxes in Lake City, Colorado?

I can show you the mill levies, but not a dollar amount, because your bill depends on your home's assessed value. Hinsdale County's levy list, labeled "As of 12/31/2025," shows total levies of 51.974 to 55.405 mills depending on the tax area. A mill is $1 of tax per $1,000 of assessed value.

What levies are on the list?

Per Hinsdale County's list (as of 12/31/2025):

Other districts also levy. The county's totals by tax area are TA1 55.405, TA1B 51.974, TA2F 52.120 and TA4F 52.120.

Which tax area is my property in?

The list does not say which area is Lake City. The Town of Lake City levy appears only in TA1 and TA1B, so in-town properties are likely one of those two, but confirm with the Hinsdale County Assessor.

How is the bill calculated?

In Colorado, tax is the assessed value times the mill levy, divided by 1,000. Assessed value is a share of the home's actual value that the state sets, and it can change. Ask the assessor for the current rate and your property's value.

What is the bottom line?

Levies are public, but your bill depends on your property and tax area. Ask the assessor or your agent for the actual tax on the home you want.

What is the mill levy in Lake City?

Totals of 51.974 to 55.405 mills by tax area, per the county list as of 12/31/2025.

Does the school district have a levy?

Yes: 19.098 mills plus a 4.355 mill bond redemption levy.

Who sets my assessed value?

The Hinsdale County Assessor.

Is the Town of Lake City levy in every area?

No, only TA1 and TA1B.

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

Source: Hinsdale County, "2025 Mill Levies by District" (as of 12/31/2025). I am not a tax advisor; confirm with the Assessor.