Assessment Rate Calculators - El Paso County Assessor

Assessor Home

Assessment Rate Calculator & Subclass Description

SB21-293, concerning property tax classification and assessment rate changes establishes subclasses for residential and non residential property for the 2022, and 2023, property tax years.

MARKET VALUE x ASSESSMENT RATE= ASSESSED VALUE

ASSESSED VALUE x MILL LEVY= ESTIMATED TAXES DUE

Residential Multi-Family 6.80%
Single Family Residential 6.95%
Agricultural & Renewable Energy 26.40%
Non Residential Land 29%

Residential Multi-Family 6.80%: Residential Multi-Family Property 6.80%
Example: Apartment Complex, Duplexes, Triplexes, Multi-Units (4-8), Multi-Units (9 & up).
Market Value
Enter the Market Value for the Property
x Assessment Rate
6.80%
= Assessed Value
Note: Estimated
Single Family Residential 6.95%: Single Family Residential 6.95%
Example: Single Family Residence, Condominium, Mobile on Owned Land, Mobile Home Park.
Market Value
Enter the Market Value for the Property
x Assessment Rate
6.95%
= Assessed Value
Note: Estimated
Agricultural & Renewable Energy 26.40%: Agricultural Property & Renewable Energy 26.40%
Example: Grazing Land, Irrigated & Sprinkler Land, Meadow Hay Land, Orchard Land, Forest Land, Dry Farm Land, Agricultural Out Buildings, Renewable Energy.
Market Value
Enter the Market Value for the Property
x Assessment Rate
26.40%
= Assessed Value
Note: Estimated
Non Residential Land 29%: Assessment Rate Calculator Non Residential Land 29%
Example: Vacant Commercial Lots, Greenhouse, Merchandising, Lodging, Office, Warehouse, Manufacturing, Entertainment, Earth & Stone, All Other Agricultural.
Market Value
Enter the Market Value for the Property
x Assessment Rate
29%
= Assessed Value
Note: Estimated

Assessor Home

Assessment Rate Calculator & Subclass Description

Residential Multi-Family Property 6.80%

Single Family Residential 6.95%

Agricultural Property & Renewable Energy 26.40%

Assessment Rate Calculator Non Residential Land 29%

Residential Multi-Family Property 6.80%

Single Family Residential 6.95%

Agricultural Property & Renewable Energy 26.40%

Assessment Rate Calculator Non Residential Land 29%