Agate, Elbert County, Colorado Property Taxes

Name: Property Tax Bills Across Agate, Elbert County, Colorado
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Agate, CO effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Agate, CO home value: $226,515
Median annual Agate, CO tax bill: $954, $1,446 lower than the national median property tax bill of $2,400.

How are property taxes in Elbert County calculated?

Property taxes in Agate, CO 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 Agate’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Agate, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Agate, Elbert County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.37%

Estimate Property Tax Bill

$865

$802

Ownwell’s Agate Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Agate with just two data points. By entering your property's estimated assessed value, our calculator applies Agate’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Elbert County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Agate, Elbert County, Colorado

Local government entities set tax rates, which can vary widely within a state. 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 Agate’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.

Property Tax Rates Across Agate, Elbert County, Colorado

Source: Ownwell

0.37%

0.47%

0.57%

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 Agate Tax Rate

0.37%

Median Effective Elbert County Tax Rate

0.51%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Agate, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80101	0.30%	0.37%	0.37%	0.40%	0.52%

Source: Ownwell

Property Tax Assessment Values Across Agate, Elbert County, Colorado

When examining property taxes in Agate, 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 Elbert County Assessor's Office 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.

In Elbert 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 Agate.

For example, the median home price in Agate is $226,515, with tax bills ranging significantly across the county. Zip code 80101 has the highest median home price at $226,515.

Property Tax Assessment Values Across Agate, Elbert County, Colorado

Source: Ownwell

$119,331

$439,485

$759,638

Median Agate Market Value

$233,694

Median Elbert County Market Value

$567,487

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Agate, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80101	$14,925	$65,426	$233,694	$385,254	$528,018

Source: Ownwell

Property Tax Bills Across Agate, Elbert County, Colorado

In Agate, located in Elbert County, Colorado, property tax bills are calculated based on the assessed value of a home. The local assessor determines this value, which is a percentage of the property's market value. The tax rate is then applied to this assessed value to determine the tax bill. With a median home price of $226,515, homeowners in Agate can expect their property tax bills to be influenced by the valuation of their property and the local tax rate. The tax bill for homeowners in the 25th percentile is around $402, while those in the 75th percentile pay approximately $1,451. For homeowners in the 90th percentile, the tax bill can reach up to $1,962. These costs can be significant, especially when compared to the national median property tax bill of $2,400. Ownwell provides essential services that help homeowners reduce their property tax bills by appealing incorrect assessments and securing eligible exemptions, potentially leading to substantial savings.

Property Tax Bills Across Agate, Elbert County, Colorado

Source: Ownwell

$636

$2,324

$4,012

Median Agate Tax Bill

$951

Median Elbert County Tax Bill

$2,998

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Agate, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80101	$85	$401	$951	$1,507	$2,228

Source: Ownwell