Elbert County, Colorado Property Taxes
Property Taxes in Elbert County, Colorado
Median Elbert County effective property tax rate: 0.51%, significantly lower than the national median of 1.02%.
Median Elbert County home value: $567,487
Median annual Elbert County tax bill: $2,998, $598 higher than the national median property tax bill of $2,400.
How are property taxes in Elbert County calculated?
Property taxes in Elbert County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Elbert County or another part of Elbert County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Elbert County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$2,894
$2,686
How Does the Elbert County Property Tax Calculator Work?
Use this Elbert County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Elbert County's median effective tax rate of 0.51% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Elbert County's median tax rate is lower than the state median tax rate of 0.50%, and the county's median tax bill of $2,998 is $598 higher than the state median tax bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Elbert County.
Property Tax Rates Across Elbert County, Colorado
What Are Effective Property Tax Rates Across Elbert County?
Local government entities set tax rates, which vary widely across Elbert County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Elbert County's effective property tax rate to other counties in Colorado or the U.S. median of 1.02%.
Elbert County's median effective rate stands at 0.51%, which is lower than the national median of 1.02%. Within Elbert County, the highest rate is found in Simla at 0.57%, while Rush has the lowest at 0.41%.
These variations reflect differences in local school district levies, metro districts assessments, and special district bonds — which compound the base county rate.
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 Elbert County Tax Rate
0.51%
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 Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elbert County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Agate | 0.30% | 0.37% | 0.37% | 0.40% | 0.52% |
| Bennett | 0.39% | 0.39% | 0.39% | 0.42% | 0.48% |
| Calhan | 0.32% | 0.40% | 0.47% | 0.52% | 0.61% |
| Deer Trail | 0.27% | 0.36% | 0.38% | 0.38% | 0.39% |
| Elbert | 0.35% | 0.43% | 0.43% | 0.45% | 0.55% |
| Elizabeth | 0.42% | 0.51% | 0.51% | 0.62% | 1.01% |
| Kiowa | 0.34% | 0.39% | 0.43% | 0.48% | 0.51% |
| Limon | 0.36% | 0.42% | 0.45% | 0.54% | 0.65% |
| Matheson | 0.31% | 0.45% | 0.45% | 0.52% | 0.64% |
| Parker | 0.45% | 0.49% | 0.56% | 0.57% | 0.89% |
| Peyton | 0.33% | 0.35% | 0.40% | 0.40% | 0.43% |
| Ramah | 0.33% | 0.39% | 0.45% | 0.50% | 0.59% |
| Rush | 0.25% | 0.32% | 0.41% | 0.45% | 0.54% |
| Simla | 0.38% | 0.51% | 0.57% | 0.57% | 0.57% |
| Franktown | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Elbert County, Colorado
When examining property taxes in Elbert County, 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 Elbert 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 Elbert 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 Elbert County.
For example, the median tax bill in Elbert County is $2,998, with tax bills ranging significantly across the county. Parker has the highest median home price at $759,709.
Property Tax Assessment Values Across Elbert County, Colorado
Source: Ownwell
$119,331
$439,485
$759,638
Median Elbert County Market Value
$567,487
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elbert County, Colorado
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Agate | $14,925 | $65,426 | $233,694 | $385,254 | $528,018 |
| Bennett | $258,968 | $473,778 | $648,584 | $794,626 | $957,983 |
| Calhan | $113,416 | $242,727 | $371,541 | $569,562 | $662,566 |
| Deer Trail | $42,086 | $234,837 | $339,949 | $452,900 | $547,975 |
| Elbert | $124,535 | $257,186 | $448,672 | $620,089 | $806,434 |
| Elizabeth | $333,278 | $464,225 | $579,300 | $721,275 | $881,600 |
| Kiowa | $81,044 | $280,725 | $441,174 | $609,307 | $760,254 |
| Limon | $27,882 | $152,037 | $294,632 | $387,836 | $484,631 |
| Matheson | $10,998 | $16,398 | $119,331 | $256,975 | $377,127 |
| Parker | $543,060 | $639,362 | $759,709 | $960,200 | $1,169,600 |
| Peyton | $322,663 | $442,085 | $614,070 | $685,000 | $766,054 |
| Ramah | $104,161 | $214,924 | $335,579 | $492,208 | $631,820 |
| Rush | $14,925 | $42,818 | $226,550 | $272,884 | $283,294 |
| Simla | $12,490 | $20,221 | $120,770 | $224,887 | $357,218 |
| Franktown | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Elbert County, Colorado
Property tax bills in Elbert County are based on the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value to determine the final bill, so two homes with similar market values can still owe different amounts if their assessments or tax rates differ.
Several factors affect what homeowners pay, including the home’s value, the local levy, and where the property is located within the county. With a median home price of $567,487, tax bills can vary widely across Elbert County. The 25th percentile tax bill is $1,930, while the 75th percentile reaches $4,385 and the 90th percentile climbs to $6,110.
That range means some homeowners pay less than the national median property tax bill of $2,400, while many pay more. In places like Parker, the median tax bill is $4,015, compared with $636 in Matheson.
Median Elbert County Tax Bill
$2,998
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Elbert County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Agate | $85 | $401 | $951 | $1,507 | $2,228 |
| Bennett | $996 | $1,974 | $2,716 | $3,136 | $3,779 |
| Calhan | $743 | $1,255 | $1,939 | $2,606 | $3,349 |
| Deer Trail | $282 | $835 | $1,322 | $1,677 | $2,052 |
| Elbert | $618 | $1,152 | $1,976 | $2,677 | $3,589 |
| Elizabeth | $1,550 | $2,409 | $3,337 | $4,917 | $6,279 |
| Kiowa | $718 | $1,309 | $1,912 | $2,621 | $3,459 |
| Limon | $313 | $903 | $1,412 | $1,963 | $2,311 |
| Matheson | $51 | $138 | $636 | $1,355 | $1,839 |
| Parker | $2,602 | $3,173 | $4,015 | $5,453 | $9,547 |
| Peyton | $1,264 | $1,655 | $2,278 | $2,729 | $2,932 |
| Ramah | $500 | $1,030 | $1,568 | $2,161 | $2,898 |
| Rush | $59 | $299 | $794 | $1,172 | $1,349 |
| Simla | $85 | $318 | $754 | $1,346 | $1,854 |
| Franktown | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| Elbert Tax Assessor | |
| Website | services.elbertcounty-co.gov |