Gypsum, Eagle County, Colorado Property Taxes
Property Taxes in Gypsum, Colorado
Median Gypsum, Colorado effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Gypsum, Colorado home value: $580,440
Median annual Gypsum, Colorado tax bill: $2,626, $226 higher than the national median property tax bill of $2,400.
How are property taxes in Eagle calculated?
Property taxes in Gypsum, Colorado are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Gypsum's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gypsum, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Gypsum, Eagle County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.39%
Estimate Property Tax Bill
$2,264
$2,101
How Does the Gypsum Property Tax Calculator Work?
Use this Gypsum property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Gypsum's median effective tax rate of 0.39% — based on actual property records in Eagle County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Gypsum's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Gypsum: rates range from 0.39% in 81637 to 0.39% in 81637, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Gypsum.
About Gypsum Property Taxes
About Property Taxes in Gypsum, Eagle, Colorado
Gypsum’s median effective property tax rate of 0.39% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Eagle County base levy combined with local school district levies and metro districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Gypsum. Homeowners in the 81637 ZIP code carry a median effective rate of 0.39%, while those in the lowest ZIP also pay 0.39%. This spread reflects how school district boundaries and local assessment districts are drawn across Eagle County. Understanding which part of Gypsum you live in can make a meaningful difference to your annual tax bill.
Gypsum homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 8, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Gypsum, Eagle County, Colorado
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Gypsum's effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Gypsum Tax Rate
0.39%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Eagle County Tax Rate
0.38%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gypsum, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81637 | 0.39% | 0.39% | 0.39% | 0.54% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Gypsum, Eagle County, Colorado
When examining property taxes in Gypsum, Colorado, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Eagle County assessor estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Eagle County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Gypsum.
For example, the median home price in Gypsum is $580,440, with tax bills ranging significantly across the county. 81637 has the highest median home price at $580,440.
Property Tax Assessment Values Across Gypsum, Eagle County, Colorado
Source: Ownwell
$37,550
$1,115,095
$2,192,640
Median Gypsum Market Value
$580,440
Median Eagle County Market Value
$1,056,520
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gypsum, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81637 | $177,520 | $425,160 | $580,440 | $766,265 | $970,120 |
Source: Ownwell
Property Tax Bills Across Gypsum, Eagle County, Colorado
Property tax bills in Gypsum are based on the assessed value of a home and the local tax rate set for Eagle County and other taxing authorities. When a property’s market value changes, the assessed value can change too, which affects the final bill. Homeowners with higher-value properties generally pay more, while lower-assessed homes pay less.
With a median home price of $580,440, the typical tax burden in Gypsum is shaped by local assessments and rates rather than a flat charge. The 25th percentile tax bill is $1,866, the 75th percentile is $4,444, and the 90th percentile reaches $5,553. The median tax bill in the highest and lowest ZIP code listed is $2,626 in 81637.
Because property taxes are tied to assessed value, even small changes in valuation can affect what homeowners owe each year. That makes it important for homeowners to understand how their bill is calculated and whether their assessment reflects current market conditions.
Median Gypsum Tax Bill
$2,626
Median Eagle County Tax Bill
$4,478
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Gypsum, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81637 | $949 | $1,866 | $2,626 | $4,444 | $5,553 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| Eagle Tax Assessor | |
| Website | property.eaglecounty.us |