County Property Taxes for a Colorado Springs Home: El Paso County Rates

Colorado Springs sits in El Paso County, which has among the lowest property tax rates in Colorado.

El Paso County Rate (2023–2024)

• Average effective rate: 0.49% of assessed value.
• Per $1,000 assessed: $4.90.
• Assessment rate (residential): 6.765% of actual value (2023–24, set by state).

Example Calculation

Home actual value: $500,000

• Assessed value = $500,000 × 6.765% = $33,825
• County tax = $33,825 × 0.49% = ~$166/year

Total Tax Bill Includes More

Your full property tax bill adds:

• City of Colorado Springs: ~0.35% effective (~$118 on $500K)
• School District (D11, D20, D49, etc.): ~0.4–0.7% (~$135–$237)
• Special districts: Library, fire, water, metro, Pikes Peak Library — ~0.1–0.3%

Total effective rate: ~1.3–1.6% → $6,500–$8,000/year on $500K home.

Comparison to Other Front Range Counties

Key Reminders

• Rates reset biennially (odd years).
• Senior/veteran exemptions available (50% of first $200K actual value).
• Check exact parcel via El Paso County Treasurer.