StateRates

El Paso County, Colorado property tax

The median homeowner in El Paso County, Colorado pays $1,773 a year in property tax on a home worth $431,000, an effective rate of 0.41%. The national effective rate is 0.98%.

Effective rate 0.41% #20 of 52 in Colorado
Median tax bill $1,773 per year
Median home value $431,000 owner-occupied
Median income $87,470 household

What the rate means here

At 0.41%, El Paso County taxes property more lightly than the national 0.98%. Rate and bill part company here. The percentage is below national, the house is worth $431,000, and the bill lands at $1,773 anyway.

It ranks #20 of 52 Colorado counties by effective rate, against a statewide 0.49%, and #2,633 nationally. The state runs from 0.62% in Broomfield County down to 0.23% in Gilpin County.

The median home costs 4.93 times the median household income of $87,470, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 22.07% of median income in gross rent. At 736,008 residents the county is large enough that its median blends several distinct housing markets.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,025 per year at 0.41%
$400,000 home $1,640 per year at 0.41%
$600,000 home $2,460 per year at 0.41%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

El Paso County, Colorado against Colorado and the country
El Paso County Colorado United States
Effective property tax 0.41% 0.49% 0.98%
Median tax bill $1,773 $2,448 $2,969
Median home value $431,000 $502,200 $303,400
Median gross rent $1,609 $1,693 $1,348
Median household income $87,470 $92,470 $78,538
Home price to income 4.93× 5.43× 3.86×
Rent as share of income 22.07% 21.97% 20.6%
Owner-occupied 66.38% 66.32% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 736,008.

Nearby counties of similar size

Other Colorado counties
County Rate Median bill Home value
Denver County 0.44% $2,596 $586,700
Arapahoe County 0.53% $2,767 $526,000
Jefferson County 0.47% $2,867 $604,400
Adams County 0.60% $2,770 $458,400
Douglas County 0.55% $3,707 $674,000

El Paso County property tax: common questions

What is the property tax rate in El Paso County, Colorado?

The effective rate is 0.41% of home value, from a median tax bill of $1,773 against a median home value of $431,000. That is 0.57 points below the national 0.98%.

How much is property tax on a $400,000 home in El Paso County?

Roughly $1,640 a year at the county effective rate of 0.41%.

Is El Paso County expensive compared with the rest of Colorado?

It ranks #20 of 52 Colorado counties by effective property tax rate, and #2633 of 2,826 nationally. That is 0.08 points below the Colorado average of 0.49%.

What does housing cost in El Paso County?

The median home is worth $431,000 and median gross rent is $1,609 a month. Median household income is $87,470, which puts the home at 4.93 times annual income and rent at 22.07% of it.