Basalt, Eagle County, Colorado Property Taxes
Property Taxes in Basalt, Colorado
Median Basalt, Colorado effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, and higher than the Colorado state median of 0.50%.
Median Basalt, Colorado home value: $1,080,560
Median annual Basalt, Colorado tax bill: $6,208, $3,808 higher than the national median property tax bill of $2,400.
How are property taxes in Eagle calculated?
Property taxes in Basalt, 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 Basalt's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Basalt, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Basalt, Eagle County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.56%
Estimate Property Tax Bill
$6,051
$5,615
How Does the Basalt Property Tax Calculator Work?
Use this Basalt property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Basalt's median effective tax rate of 0.56% — based on actual property records in Eagle County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Basalt'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 Basalt, but the median tax bill is $6,208 in 81621. Basalt's tax rate is lower than Colorado's 0.50% state median tax rate, while the median tax bill is $3,808 higher than the state median bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Basalt.
About Basalt Property Taxes
About Property Taxes in Basalt, Eagle, Colorado
Basalt’s median effective property tax rate of 0.56% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Eagle 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 Basalt. Homeowners in the 81621 ZIP code carry a median effective rate of 0.56%, while those in the same ZIP code also pay 0.56%. This spread reflects how school district boundaries and local assessment districts are drawn across Eagle County. Understanding which part of Basalt you live in can make a meaningful difference to your annual tax bill.
Basalt homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 8, 2026 deadline each year.
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 Basalt, Eagle 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 Basalt'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 Basalt Tax Rate
0.56%
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 Eagle County Tax Rate
0.38%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Basalt, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81621 | 0.50% | 0.56% | 0.56% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Basalt, Eagle County, Colorado
When examining property taxes in Basalt, 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 Eagle 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 Eagle 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 Basalt.
For example, the median home price in Basalt is $1,080,560, with tax bills ranging significantly across the county. 81621 has the highest median home price at $1,080,560.
Property Tax Assessment Values Across Basalt, Eagle County, Colorado
Source: Ownwell
$37,550
$1,115,095
$2,192,640
Median Basalt Market Value
$1,080,560
Median Eagle County Market Value
$1,056,520
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Basalt, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81621 | $272,814 | $665,560 | $1,080,560 | $1,724,940 | $2,435,156 |
Source: Ownwell
Property Tax Bills Across Basalt, Eagle County, Colorado
Property tax bills in Basalt are calculated by applying the local property tax rate to the assessed value of a home, which is based on its market value. For homeowners, that means the amount owed can rise or fall as property values change and as local taxing authorities adjust their rates. The bill is not based on what a home was purchased for alone, but on the assessed value used for tax purposes.
In Basalt, the median home price is $1,080,560, and the median property tax bill is $6,208, which is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills can vary widely across the city, with the 25th percentile at $4,023, the 75th percentile at $9,630, and the 90th percentile at $13,118. For homeowners, that can mean a significant annual expense, especially when home values are high and assessments increase.
Median Basalt Tax Bill
$6,208
Median Eagle County Tax Bill
$4,478
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Basalt, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81621 | $1,766 | $4,023 | $6,208 | $9,630 | $13,118 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| Eagle Tax Assessor | |
| Website | property.eaglecounty.us |