Elbert, El Paso County, Colorado Property Taxes
Property Taxes in Elbert, Colorado
Median Elbert, Colorado effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Elbert, Colorado home value: $692,848
Median annual Elbert, Colorado tax bill: $3,062, $662 higher than the national median property tax bill of $2,400.
How are property taxes in El Paso calculated?
Property taxes in Elbert, 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 Elbert's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elbert, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Elbert, El Paso County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.45%
Estimate Property Tax Bill
$3,118
$2,893
$774
Average Annual Tax Savings
How Does the Elbert Property Tax Calculator Work?
Use this Elbert property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Elbert's median effective tax rate of 0.45% — based on actual property records in El Paso County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal 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 Elbert'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 Elbert: rates range from 0.45% in 80106 to 0.45% in 80106, primarily due to differences in school district levies and local assessment districts.
If your estimate is higher than expected, Ownwell can appeal your Elbert assessment — you only pay if we save you money.
About Elbert Property Taxes
About Property Taxes in Elbert, El Paso, Colorado
Elbert's median effective property tax rate of 0.45% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the El Paso 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 Elbert. Homeowners in the 80106 ZIP code carry a median effective rate of 0.45%, while those in 80106 pay 0.45%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across El Paso County. Understanding which part of Elbert you live in can make a meaningful difference to your annual tax bill.
Elbert homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before June 1, 2026.
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 Elbert, El Paso 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 Elbert'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 Elbert Tax Rate
0.45%
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 El Paso County Tax Rate
0.38%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elbert, El Paso County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80106 | 0.40% | 0.43% | 0.45% | 0.46% | 0.47% |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Elbert, El Paso County, Colorado
When examining property taxes in Elbert, 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 El Paso 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 El Paso 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 Elbert.
For example, the median home price in Elbert is $692,848, with tax bills ranging significantly across the county. 80106 has the highest median home price at $692,848.
Property Tax Assessment Values Across Elbert, El Paso County, Colorado
Source: Ownwell
$336,566
$537,650
$738,734
Median Elbert Market Value
$692,848
Median El Paso County Market Value
$442,992
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elbert, El Paso County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80106 | $535,642 | $607,267 | $692,848 | $787,210 | $877,572 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Elbert, El Paso County, Colorado
Property tax bills in Elbert are based on the assessed value of a home and the local tax rate set by taxing authorities in El Paso County. When a property’s market value rises, the assessed value can increase too, which can lead to a higher tax bill. For homeowners, that means a larger annual expense that can affect monthly budgets and long-term housing costs.
In Elbert, the median home price is $692,848, and the median property tax bill is $3,062, which is above the national median property tax bill of $2,400. Bills in the area can vary, with the 25th percentile at $2,627 and the 75th percentile at $3,558. That range shows how much taxes can differ depending on a home’s assessed value and location.
Ownwell helps homeowners review their assessments, identify potential overvaluation, and appeal property taxes when appropriate. By lowering an unfair assessment, Ownwell can help reduce property tax bills and keep more money in homeowners’ pockets.
Median Elbert Tax Bill
$3,062
Median El Paso County Tax Bill
$1,745
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Elbert, El Paso County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80106 | $2,257 | $2,627 | $3,062 | $3,558 | $4,076 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| El Paso Tax Assessor | |
| Website | property.spatialest.com |