Beaver Creek Area, Eagle County, Colorado Property Taxes
Median BEAVER CREEK AREA, CO effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median BEAVER CREEK AREA, CO home value: $3,546,375
Median annual BEAVER CREEK AREA, CO tax bill: $16,675, $14,275 higher than the national median property tax bill of $2,400.
How are property taxes in Eagle calculated?
Property taxes in BEAVER CREEK AREA, 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 BEAVER CREEK AREA’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in BEAVER CREEK AREA, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Beaver Creek Area, Eagle County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.4%
Estimate Property Tax Bill
$24,848
$23,059
Property Tax Rates Across Beaver Creek Area, Eagle County, Colorado
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In the Beaver Creek area, located in Eagle County, Colorado, property tax rates reflect this local budgeting process. The region's effective property tax rate is notably lower than the national median of 1.02%. This means homeowners in the Beaver Creek area generally enjoy lower property tax bills compared to many other regions across the United States. The median property tax rate in Colorado is also below the national average, making it an attractive state for property owners seeking to minimize their tax liabilities. Comparing Beaver Creek’s rate to other cities within Colorado can provide valuable insights for homeowners evaluating potential property investments. By understanding these local tax dynamics, property owners can make more informed decisions about buying, selling, or appealing property taxes in this picturesque region.
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 Beaver Creek Area Tax Rate
0.40%
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 Beaver Creek Area, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Beaver Creek Area, Eagle County, Colorado
When examining property taxes in the Beaver Creek Area, 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 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 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 the Beaver Creek Area. For example, the median home price in the Beaver Creek Area is $3,546,375, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Beaver Creek Area, Eagle County, Colorado
Source: Ownwell
$37,550
$1,115,095
$2,192,640
Median Beaver Creek Area Market Value
$6,212,080
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 Beaver Creek Area, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Beaver Creek Area, Eagle County, Colorado
Median Beaver Creek Area Tax Bill
$27,345
Median Eagle County Tax Bill
$4,478
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Beaver Creek Area, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell