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Elbert County Housing Market

Colorado · 64 counties · Ranked #3090 in home value

Above National Avg

Housing at a Glance

Median Home Value

$664,600

vs national+$664,600 vs $281,900 national

Median Gross Rent

$1,436/mo

vs national+$1,436 vs $1,163 national

Effective Tax Rate

0.45%

vs national0.45% vs 1.02% national

Median Household Income

$129,477

vs national+$129,477 vs $74,755 national

Affordability Ratio

5.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,981

Tax as % of Home Value

0.45%

Monthly Owner Cost

$2,214

Renter Income

$52,583

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Frequently Asked Questions

What is the median home value in Elbert County?

The median home value in Elbert County is $664,600. This is above the national median of $281,900.

How much is rent in Elbert County?

The median gross rent in Elbert County is $1,436 per month.

What is the property tax rate in Elbert County?

The effective property tax rate in Elbert County is 0.45%. The median annual property tax bill is $2,981.

Is Elbert County affordable?

With a home-value-to-income ratio of 5.1x, Elbert County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.