Uneducated people are more prone to break into your house and steal things. Also good schools improve property values. Lastly if you don't like your residential property taxes in Colorado wait two years and watch the residential assessment move down again as it has done steadily since the Gallagher Amendment was passed in 1986. Commercial Property Owners pay a disproportionate share of property taxes and they don't use the same amount of government services as the Colorado homeowners that pay among the lowest property taxes in the country.