Elbert County, Colorado Property Taxes
Census Bureau ACS property tax data for Colorado. Population: 9,119.
The median annual property tax in Elbert County is $2,981, which is 91% higher than the Colorado state average and 55% above the national average. The effective tax rate is 0.45% on a median home value of $664,600. Property taxes represent 2.3% of the median household income in this county.
Median Annual Tax
$2,981
+91% vs State
+55% vs US
Median Home Value
$664,600
+67% vs State
+214% vs US
Effective Tax Rate
0.45%
+15% vs State
-53% vs US
With vs Without Mortgage
With Mortgage
$3,128
$261/mo
Without Mortgage
$2,640
$220/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,981 +7.7% | 0.45% |
| 2022 | $2,769 +11.6% | 0.44% |
| 2021 | $2,481 +6.8% | 0.46% |
| 2020 | $2,323 +11.6% | 0.47% |
| 2019 | $2,082 | 0.45% |
Tax Burden
Tax-to-Income Ratio
2.3%
of median household income
Median Income
$129,477
per year
Monthly Tax
$248
per month
Other Counties in Colorado
Gilpin County
Tax: $1,177/yr Rate: 0.23%
Prowers County
Tax: $494/yr Rate: 0.33%
Conejos County
Tax: $655/yr Rate: 0.40%
Yuma County
Tax: $1,025/yr Rate: 0.48%
Mineral County
Tax: $1,462/yr Rate: 0.35%
Hinsdale County
Tax: $1,286/yr Rate: 0.29%
Frequently Asked Questions
What is the average property tax in Elbert County, Colorado? ▼
The median annual property tax in Elbert County is $2,981 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.45% on a median home value of $664,600.
How does Elbert County property tax compare to the national average? ▼
Property taxes in Elbert County are 55% above the national average of $1,923. The effective rate of 0.45% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Elbert County? ▼
In Elbert County, homeowners with a mortgage pay a median of $3,128 in annual property taxes, while homeowners without a mortgage pay $2,640. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Elbert County? ▼
Property taxes in Elbert County represent approximately 2.3% of the median household income of $129,477. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.