Eagle County, Colorado Property Taxes
The median property tax rate in Eagle County is 0.44%, which is significantly lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Eagle County at $678,345, the typical annual property tax bill reaches $3,388, which is still above the national median of $2,690. Property taxes in Eagle County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Eagle County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Vail or another part of Eagle County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Eagle County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.44%
Estimate Property Tax Bill
$2,985
$2,770
Ownwell’s Eagle County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Eagle County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Eagle County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Eagle County, Colorado
Property taxes in Eagle County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Eagle County is 0.44%, which is lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within Eagle County set these rates annually, and they can vary significantly between different areas within the county. Each year, Eagle County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Eagle County's effective property tax rate with other counties in Colorado and the national median. For comparison, the city of Basalt has one of the higher property tax rates in Colorado at 0.63%, while the city of Dotsero boasts one of the lowest at 0.40%. Analyzing how Eagle County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Eagle County Tax Rate
0.44%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eagle County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Avon | 0.44% | 0.44% | 0.51% | 0.52% | 0.52% |
| Avon Area | 0.44% | 0.44% | 0.44% | 0.44% | 0.44% |
| Bachelor Gulch Area | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
| Basalt | 0.56% | 0.63% | 0.63% | 0.64% | 0.64% |
| Basalt Area | 0.56% | 0.56% | 0.56% | 0.64% | 0.64% |
| Beaver Creek | N/A | N/A | N/A | N/A | N/A |
| Beaver Creek Area | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Bond | 0.32% | 0.32% | 0.33% | 0.33% | 0.37% |
| Bond Area | N/A | N/A | N/A | N/A | N/A |
| Burns | N/A | N/A | N/A | N/A | N/A |
| Carbondale | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
| Dotsero | N/A | N/A | N/A | N/A | N/A |
| Dotsero Area | 0.54% | 0.54% | 0.54% | 0.54% | 0.54% |
| Eagle | 0.41% | 0.42% | 0.42% | 0.64% | 0.64% |
| Eagle Area | 0.41% | 0.41% | 0.42% | 0.64% | 0.64% |
| Eagle-vail | N/A | N/A | N/A | N/A | N/A |
| Eagle Vail Area | 0.52% | 0.52% | 0.52% | 0.52% | 0.52% |
| Edwards | 0.42% | 0.42% | 0.47% | 0.48% | 0.72% |
| Edwards Area | 0.40% | 0.42% | 0.42% | 0.51% | 0.55% |
| El Jebel | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
| El Jebel Area | 0.54% | 0.56% | 0.56% | 0.56% | 0.56% |
| Fulford Area | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Gypsum | 0.44% | 0.44% | 0.44% | 0.68% | 0.88% |
| Gypsum Area | 0.44% | 0.44% | 0.44% | 0.57% | 0.88% |
| Houston | N/A | N/A | N/A | N/A | N/A |
| Mc Coy | 0.33% | 0.33% | 0.33% | 0.33% | 0.41% |
| Meredith | N/A | N/A | N/A | N/A | N/A |
| Minturn | 0.50% | 0.51% | 0.51% | 0.51% | 0.52% |
| Minturn Area | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Red Cliff | 0.51% | 0.61% | 0.61% | 0.61% | 0.61% |
| Red Cliff Area | 0.37% | 0.61% | 0.61% | 0.61% | 0.62% |
| Skaneateles | N/A | N/A | N/A | N/A | N/A |
| Vail | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% |
| Vail Area | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% |
| Wolcott | 0.40% | 0.41% | 0.53% | 0.53% | 0.69% |
| Wolcott Area | 0.40% | 0.40% | 0.49% | 0.69% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Eagle County, Colorado
In Eagle County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Eagle County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Eagle County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Eagle County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, the highest median tax bill in the county is found in the Beaver Creek area at $16,675, while the Bond area has the lowest median tax bill at $126.
Property Tax Assessment Values Across Eagle County, Colorado
Source: Ownwell
$44,100
$643,525
$1,242,950
Average Eagle County Assessed Value
$678,345
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eagle County, Colorado
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Avon | $306,080 | $419,175 | $726,305 | $1,293,975 | $2,511,959 |
| Avon Area | $132,970 | $132,970 | $134,400 | $540,142 | $826,386 |
| Bachelor Gulch Area | $1,645,597 | $3,578,872 | $4,158,820 | $4,501,592 | $7,170,323 |
| Basalt | $217,020 | $437,145 | $672,795 | $1,021,860 | $1,400,450 |
| Basalt Area | $52,624 | $331,110 | $403,470 | $987,122 | $1,782,943 |
| Beaver Creek | N/A | N/A | N/A | N/A | N/A |
| Beaver Creek Area | $1,565,651 | $2,175,508 | $3,546,375 | $5,517,312 | $6,826,573 |
| Bond | $15,243 | $20,258 | $44,100 | $244,290 | $428,288 |
| Bond Area | N/A | N/A | N/A | N/A | N/A |
| Burns | N/A | N/A | N/A | N/A | N/A |
| Carbondale | $82,420 | $348,360 | $619,830 | $770,000 | $980,472 |
| Dotsero | N/A | N/A | N/A | N/A | N/A |
| Dotsero Area | $354,212 | $364,820 | $364,820 | $364,820 | $370,241 |
| Eagle | $315,220 | $421,910 | $601,540 | $791,710 | $1,083,992 |
| Eagle Area | $136,950 | $371,440 | $486,400 | $937,152 | $1,410,975 |
| Eagle-vail | N/A | N/A | N/A | N/A | N/A |
| Eagle Vail Area | $539,658 | $722,435 | $983,930 | $1,370,525 | $1,787,282 |
| Edwards | $263,801 | $489,640 | $842,325 | $1,499,392 | $2,418,536 |
| Edwards Area | $416,706 | $752,865 | $1,712,750 | $2,736,080 | $3,758,557 |
| El Jebel | $132,904 | $161,930 | $161,930 | $161,930 | $161,930 |
| El Jebel Area | $139,750 | $265,048 | $591,010 | $860,290 | $1,176,125 |
| Fulford Area | $24,000 | $57,455 | $111,040 | $166,225 | $210,320 |
| Gypsum | $151,020 | $316,600 | $405,830 | $533,780 | $649,850 |
| Gypsum Area | $111,806 | $250,000 | $363,670 | $389,515 | $578,617 |
| Houston | N/A | N/A | N/A | N/A | N/A |
| Mc Coy | $35,481 | $234,972 | $436,420 | $733,640 | $1,104,731 |
| Meredith | N/A | N/A | N/A | N/A | N/A |
| Minturn | $106,633 | $371,845 | $571,100 | $797,558 | $1,148,536 |
| Minturn Area | $84,586 | $283,880 | $623,720 | $908,310 | $1,526,682 |
| Red Cliff | $102,662 | $227,380 | $367,350 | $480,280 | $605,956 |
| Red Cliff Area | $4,948 | $11,665 | $122,105 | $226,082 | $271,492 |
| Skaneateles | N/A | N/A | N/A | N/A | N/A |
| Vail | $379,997 | $567,582 | $1,091,175 | $2,164,692 | $4,088,827 |
| Vail Area | $69,460 | $400,932 | $862,130 | $2,312,488 | $4,357,735 |
| Wolcott | $433,170 | $769,170 | $1,242,950 | $1,951,000 | $3,201,190 |
| Wolcott Area | $503,122 | $612,525 | $927,100 | $1,562,210 | $2,270,440 |
Source: Ownwell
Property Tax Bills Across Eagle County, Colorado
In Eagle County, CO, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. The assessed value is a percentage of the property's market value, which in Eagle County is influenced by various factors such as location, property size, and recent sales of comparable properties. Once the assessed value is established, local tax rates, known as mill levies, are applied to calculate the final tax bill. Homeowners in Eagle County can expect varying tax bills depending on their property's assessed value. For instance, the tax bill at the 25th percentile is $1,888, while it rises significantly to $5,951 at the 75th percentile. At the 90th percentile, homeowners might see tax bills as high as $11,338. These figures illustrate the range in property tax burdens within the county, impacting homeowners differently based on their property's value. Comparatively, the national median property tax rate is 0.99%, highlighting how local rates and property values can significantly affect tax obligations.
Average Eagle County Tax Bill
$3,388
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Eagle County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Avon | $1,350 | $2,043 | $3,641 | $6,482 | $12,637 |
| Avon Area | $587 | $587 | $593 | $2,369 | $3,627 |
| Bachelor Gulch Area | $6,579 | $14,308 | $16,626 | $17,997 | $28,666 |
| Basalt | $1,347 | $2,812 | $4,355 | $6,491 | $8,717 |
| Basalt Area | $1,677 | $2,127 | $3,257 | $8,632 | $14,168 |
| Beaver Creek | N/A | N/A | N/A | N/A | N/A |
| Beaver Creek Area | $7,882 | $10,945 | $16,675 | $27,617 | $32,331 |
| Bond | $59 | $74 | $154 | $837 | $1,761 |
| Bond Area | N/A | N/A | N/A | N/A | N/A |
| Burns | N/A | N/A | N/A | N/A | N/A |
| Carbondale | $468 | $1,552 | $3,469 | $4,291 | $5,500 |
| Dotsero | N/A | N/A | N/A | N/A | N/A |
| Dotsero Area | $1,920 | $1,977 | $1,977 | $1,977 | $2,007 |
| Eagle | $1,408 | $1,943 | $2,794 | $4,484 | $6,564 |
| Eagle Area | $862 | $1,848 | $2,758 | $4,412 | $7,717 |
| Eagle-vail | N/A | N/A | N/A | N/A | N/A |
| Eagle Vail Area | $2,792 | $3,737 | $5,122 | $7,134 | $9,303 |
| Edwards | $1,135 | $2,095 | $3,835 | $7,770 | $14,035 |
| Edwards Area | $1,874 | $3,455 | $8,058 | $13,334 | $17,824 |
| El Jebel | $745 | $907 | $907 | $907 | $907 |
| El Jebel Area | $714 | $1,396 | $3,891 | $5,174 | $6,964 |
| Fulford Area | $127 | $223 | $420 | $627 | $779 |
| Gypsum | $702 | $1,466 | $2,078 | $3,517 | $4,342 |
| Gypsum Area | $1,034 | $1,179 | $1,701 | $1,954 | $4,008 |
| Houston | N/A | N/A | N/A | N/A | N/A |
| Mc Coy | $386 | $790 | $1,757 | $2,507 | $4,888 |
| Meredith | N/A | N/A | N/A | N/A | N/A |
| Minturn | $903 | $2,030 | $2,946 | $4,168 | $5,852 |
| Minturn Area | $429 | $1,438 | $3,161 | $4,544 | $7,736 |
| Red Cliff | $582 | $1,288 | $2,228 | $2,925 | $3,609 |
| Red Cliff Area | $34 | $113 | $746 | $1,429 | $1,744 |
| Skaneateles | N/A | N/A | N/A | N/A | N/A |
| Vail | $1,346 | $2,025 | $3,894 | $7,868 | $15,234 |
| Vail Area | $248 | $1,428 | $3,037 | $8,529 | $15,646 |
| Wolcott | $2,180 | $3,935 | $5,816 | $10,613 | $22,015 |
| Wolcott Area | $2,232 | $3,294 | $4,971 | $8,660 | $11,108 |
Source: Ownwell