Matheson, Elbert County, Colorado Property Taxes

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Property Taxes in Matheson, Colorado

Median Matheson, Colorado effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Matheson, Colorado home value: $119,331
Median annual Matheson, Colorado tax bill: $636, $1,764 lower than the national median property tax bill of $2,400.

How are property taxes in Elbert calculated?

Property taxes in Matheson, 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 Matheson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Matheson, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Matheson, Elbert County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.45%

Estimate Property Tax Bill

$537

$498

How Does the Matheson Property Tax Calculator Work?

Use this Matheson property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Matheson's median effective tax rate of 0.45% — based on actual property records in Elbert County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Matheson'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 Matheson: rates range from 0.45% in 80830 to 0.45% in 80830, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Matheson.

About Matheson Property Taxes

About Property Taxes in Matheson, Elbert, Colorado

Matheson’s median effective property tax rate of 0.45% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Elbert 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 Matheson. Homeowners in the 80830 ZIP code carry a median effective rate of 0.45%, while those in the same ZIP also pay 0.45%. This spread shows how school district boundaries and local assessment districts are drawn across Elbert County. Understanding which part of Matheson you live in can make a meaningful difference to your annual tax bill.

Matheson 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 Matheson, Elbert 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 Matheson’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.

Property Tax Rates Across Matheson, Elbert County, Colorado

Source: Ownwell

0.37%

0.47%

0.57%

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 Matheson Tax Rate

0.45%

Median Effective Elbert County Tax Rate

0.51%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Matheson, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80830	0.31%	0.45%	0.45%	0.52%	0.64%

Source: Ownwell

Property Tax Assessment Values Across Matheson, Elbert County, Colorado

When examining property taxes in Matheson, 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 Elbert County assessment process 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 May 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 Matheson.

For example, the median home price in Matheson is $119,331, with tax bills ranging significantly across the county. ZIP code 80830 has the highest median home price at $119,331.

Property Tax Assessment Values Across Matheson, Elbert County, Colorado

Source: Ownwell

$119,331

$439,485

$759,638

Median Matheson Market Value

$119,331

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 Matheson, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80830	$10,998	$16,398	$119,331	$256,975	$377,127

Source: Ownwell

Property Tax Bills Across Matheson, Elbert County, Colorado

How are property tax bills calculated in Matheson?

Property tax bills in Matheson are based on the assessed value of a home, which is then multiplied by the local tax rate. That means a homeowner’s bill depends on both the market value of the property and the tax rates set by local taxing authorities. For many homeowners, the size of the bill can vary widely depending on the home’s value and where it is located within Elbert County.

What factors affect a homeowner’s bill?

The median home price in Matheson is $119,331, and property tax bills can range from $138 at the 25th percentile to $1,355 at the 75th percentile, with the 90th percentile reaching $1,839. The median tax bill is $636, which is well below the national median property tax bill of $2,400. That lower bill can help keep housing costs more manageable, but even modest changes in assessed value or tax rates can still affect what homeowners owe each year.

Property Tax Bills Across Matheson, Elbert County, Colorado

Source: Ownwell

$636

$2,324

$4,012

Median Matheson Tax Bill

$636

Median Elbert County Tax Bill

$2,998

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Matheson, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80830	$51	$138	$636	$1,355	$1,839

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	June 8

Links
Elbert Tax Assessor
Website	services.elbertcounty-co.gov

Frequently Asked Property Tax Questions in Matheson, Colorado

How are property taxes calculated in Matheson, Colorado?

Property taxes in Matheson, Colorado are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Matheson, Colorado?

To appeal your property taxes in Matheson, Colorado, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Matheson, Colorado?

Common property tax exemptions in Matheson, Colorado include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Matheson, Colorado?

Property tax deadlines in Matheson, Colorado vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Matheson, Colorado?

Ownwell provides professional property tax appeal services in Matheson, Colorado. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.