Deer Trail, Elbert County, Colorado Property Taxes

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

Median Deer Trail, CO effective property tax rate: 0.41%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Deer Trail, CO home value: $316,868
Median annual Deer Trail, CO tax bill: $1,294, $1,106 lower than the national median property tax bill of $2,400.

How are property taxes in Elbert County calculated?

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

Last Updated March 1, 2025

Deer Trail, Elbert County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.38%

Estimate Property Tax Bill

$1,292

$1,199

Ownwell’s Deer Trail Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Deer Trail with just two data points. By entering your property's estimated assessed value, our calculator applies Deer Trail’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 Deer Trail, Elbert County, Colorado

Local government entities set tax rates, and these 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 Deer Trail’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S. Deer Trail, located in Elbert County, has a median property tax rate of 0.41%, which is significantly lower than the national median of 1.02%. This makes Deer Trail an attractive location for property owners looking for lower tax obligations. In comparison to other areas within Colorado, Deer Trail's rate is quite competitive, offering residents the benefit of lower property tax bills. Understanding these rates can be crucial for property owners when considering the overall cost of owning property in different regions.

Property Tax Rates Across Deer Trail, 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 Deer Trail Tax Rate

0.38%

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 Deer Trail, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80105	0.27%	0.36%	0.38%	0.38%	0.39%

Source: Ownwell

Property Tax Assessment Values Across Deer Trail, Elbert County, Colorado

When examining property taxes in Deer Trail, CO, 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 appraisal district 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 Deer Trail. For example, the median home price in Deer Trail is $316,868, with tax bills ranging significantly across the county. Zip code 80105 has the highest median home price at $316,868.

Property Tax Assessment Values Across Deer Trail, Elbert County, Colorado

Source: Ownwell

$119,331

$439,485

$759,638

Median Deer Trail Market Value

$339,949

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 Deer Trail, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80105	$42,086	$234,837	$339,949	$452,900	$547,975

Source: Ownwell

Property Tax Bills Across Deer Trail, Elbert County, Colorado

In Deer Trail, located in Elbert County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $316,868, contributing to property tax bills that vary significantly. Homeowners in Deer Trail can expect tax bills ranging from $826 at the 25th percentile to $1,863 at the 90th percentile. The median property tax bill stands at $1,294, which is below the national median of $2,400. This variance in tax bills can impact homeowners' financial planning and affordability. Factors such as changes in property value and local tax rates influence the final tax bill. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure homeowners are not overpaying on their property taxes, offering peace of mind and potential savings.

Property Tax Bills Across Deer Trail, Elbert County, Colorado

Source: Ownwell

$636

$2,324

$4,012

Median Deer Trail Tax Bill

$1,322

Median Elbert County Tax Bill

$2,998

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Deer Trail, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80105	$282	$835	$1,322	$1,677	$2,052

Source: Ownwell