Bow Mar property tax rate rises to 0.9% in 2025, up from 0.7% in 2017

Bow Mar’s effective property tax rate rose from 0.7% in 2017 to 0.9% in 2025, marking a 0.2 percentage point increase over 9 years, according to BlockShopper.com.

The average effective property tax rate in Arapahoe County remained at 0.6% in both 2017 and 2025. Bow Mar’s rate for 2025 stands above the county average.

Bow Mar posted the seventh largest increase in effective property tax rates between 2017 and 2025 among the 24 cities in Arapahoe County included in the analysis.

In 2025, the town also ranked third in the county, with its 0.9% rate higher than all but two other municipalities in Arapahoe County.

This figure is also above the nationwide average effective property tax rate of 0.888% for 2024.

Across the U.S., home prices continued to trend upward in 2025, pushing the national median to roughly $447,000 in June, a 1.13% increase from the previous year, according to Redfin. The company’s data reflected a substantial supply-demand gap, with 36% more sellers than buyers—amounting to 508,715 more homes for sale. Redfin considers the market balanced when the number of buyers and sellers are within 10% of each other.

Even if property tax rates decrease or remain level, rising home values can still drive up tax bills. Property tax obligations are influenced by both the rate and the assessed property value, which means that higher home prices can increase the overall tax base and tax amount due, even if local rates are reduced. For example, the Lincoln Institute of Land Policy found that the average effective property tax rate on a median-valued home in the largest city in each state fell over 5% between 2023 and 2024, as shared in a recent analysis.

At the same time, increasing property values have boosted overall tax bases in many parts of the country. Because tax bills are tied to assessed values, higher home prices can mean larger payments for homeowners even if rates remain steady or fall. Research on U.S. housing markets shows that every 1% rise in median home value correlates with about a 0.71% drop in the effective tax rate, indicating that strong price growth can allow for lower rates while still increasing revenue to local governments.

Information in this article was sourced from BlockShopper.com. You can access the source data here.