Edwards, Eagle County, Colorado Property Taxes
Median Edwards, CO effective property tax rate: 0.47%, significantly lower than the national median of 1.02%, but also lower than the Colorado state median of 0.55%. Median Edwards, CO home value: $842,325. Median annual Edwards, CO tax bill: $3,835, $1,435 higher than the national median property tax bill of $2,400.
How are property taxes in Eagle County calculated?
Property taxes in Edwards, 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 Edwards’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Edwards, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Edwards, Eagle County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.47%
Estimate Property Tax Bill
$3,959
$3,674
Property Tax Rates Across Edwards, Eagle County, Colorado
Local government entities set tax rates, which can vary widely within a state. 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 Edwards’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.
Edwards, located in Eagle County, boasts a median property tax rate of 0.47%, which is significantly lower than the national median of 1.02%. This means homeowners in Edwards enjoy one of the most favorable property tax environments in the country. With a rate that is less than half the national average, Edwards stands out as an attractive location for property owners seeking to minimize their tax burden. Whether you're a current resident or considering a move, understanding these tax advantages can play a crucial role in financial planning and real estate decisions.
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 Edwards Tax Rate
0.47%
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
0.44%
Median Effective Colorado Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Edwards, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81632 | 0.42% | 0.42% | 0.47% | 0.48% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Edwards, Eagle County, Colorado
When examining property taxes in Edwards, 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.
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 Edwards.
For example, the median home price in Edwards is $842,325, with tax bills ranging significantly across the county. Zip code 81632 has the highest median home price at $842,325.
Property Tax Assessment Values Across Edwards, Eagle County, Colorado
Source: Ownwell
$44,100
$643,525
$1,242,950
Median Edwards Market Value
$842,325
Median Eagle County Market Value
$678,345
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Edwards, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81632 | $263,801 | $489,640 | $842,325 | $1,499,392 | $2,418,536 |
Source: Ownwell
Property Tax Bills Across Edwards, Eagle County, Colorado
Median Edwards Tax Bill
$3,835
Median Eagle County Tax Bill
$3,388
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Edwards, Eagle County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81632 | $1,135 | $2,095 | $3,835 | $7,770 | $14,035 |
Source: Ownwell