Gypsum Area, Eagle County, Colorado Property Taxes
Property Taxes in Gypsum Area, Colorado
Median Gypsum Area, 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 Area, Colorado home value: $480,510
Median annual Gypsum Area, Colorado tax bill: $1,861, lower than the national median property tax bill of $2,400.
How are property taxes in Eagle calculated?
Property taxes in Gypsum Area, 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 Area's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gypsum Area, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Gypsum Area, 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
$1,874
$1,739
How Does the Gypsum Area Property Tax Calculator Work?
Use this Gypsum Area property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Gypsum Area'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 assessment district 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 Area'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 Area: rates range from local differences in school district levies and assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Gypsum Area.
Gypsum Area's median property tax bill of $1,861 is lower than the Colorado median tax bill of $2,400 by $539, and the area's 0.39% median effective tax rate is also lower than the 1.02% national median property tax rate.
About Gypsum Area Property Taxes
About Property Taxes in Gypsum Area, Eagle, Colorado
Gypsum Area’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 tax structure, along with local levies that can vary by subdivision throughout the area.
Property tax rates are not uniform across Gypsum Area. Homeowners in the highest ZIP code carry a median effective rate of 0.39%, while those in the lowest ZIP code pay 0.39%. This spread of 0.00 percentage points across the same area reflects how local taxing boundaries are drawn across Eagle County. Understanding which part of Gypsum Area you live in can make a meaningful difference to your annual tax bill.
Gypsum Area homeowners who believe their assessed value is too high can file a formal appeal with the 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 Area, 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 Area'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 Area 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 Area, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Gypsum Area, Eagle County, Colorado
When examining property taxes in Gypsum Area, 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. Colorado’s median property tax bill is $2,400, and the national median property tax rate is 1.02%, making local valuation accuracy especially important for homeowners comparing their tax burden to broader benchmarks.
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. For example, the median home price in Gypsum Area is $480,510, with tax bills ranging significantly across the county. The median tax bill is $1,861, while the 75th percentile reaches $4,528 and the 90th percentile reaches $5,458.
Property Tax Assessment Values Across Gypsum Area, Eagle County, Colorado
Source: Ownwell
$37,550
$1,115,095
$2,192,640
Median Gypsum Area Market Value
$480,510
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 Area, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Gypsum Area, Eagle County, Colorado
How Are Property Tax Bills Calculated in Gypsum Area?
Property tax bills in Gypsum Area are based on the assessed value of a home, not its market price. Local taxing authorities apply their tax rates to that assessed value to determine the annual bill. For homeowners, this means a property with a higher assessed value will generally owe more, while a lower assessed value can result in a smaller bill.
Several factors influence the final amount, including the home’s assessed value, local tax rates, and any exemptions or special district levies that apply. With a median home price of $480,510, property taxes in the area can vary widely from one homeowner to another. The 25th percentile tax bill is $1,694, while the 75th percentile is $4,528 and the 90th percentile reaches $5,458.
Compared with the national median property tax bill of $2,400, homeowners in Gypsum Area may see bills that fall below or well above that benchmark depending on their property’s assessment and location.
Median Gypsum Area Tax Bill
$1,861
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 Area, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| Eagle Tax Assessor | |
| Website | property.eaglecounty.us |