El Paso County Cuts Property Tax Rate For 2008!

I have heard from many people relocating to Colorado Springs and Monument (El Paso County) that our property taxes are extremely low in comparison to many other states /counties. This has always provided a nice suprise for people searching for homes in Colorado Springs and Monument.


El Paso County unleashed an even bigger suprise on Monday afternoon though. They made the decision to lower the 2008 property tax rate to 7.514 from this year’s 7.710. This may not seem like a large amount, but a drop shows that El Paso County is not agressively pursuing tax increases like some other counties around the nation.

2005 Median Tax Rates By State