Calculate using real Lakewood data. Median home price: $490,000. Property tax rate: 0.55%.
The effective property tax rate in Lakewood, CO is 0.55%. On the median home value of $490,000, that equals approximately $2,695 per year.
At the 0.55% effective rate, a $490,000 home in Lakewood, CO would pay about $2,695 annually, or $225 per month.
The 0.55% rate in Lakewood, CO is below the national average of roughly 1.1%.