The typical owner-occupied home in Eldorado Springs is worth about $809,200, 50% above the Colorado median of $539,400 and 2.4 times the national median of $332,700. Owners pay a median $5,400 a year in property taxes, about 0.67% of their home's value, higher than the Colorado rate of 0.48%. The median household earns $133,008 a year, so the median home costs 6.1 times the median income (5.6 times for Colorado). 100% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Eldorado Springs at a glance
| Eldorado Springs | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $809,200 | $539,400 | $332,700 |
| Median property tax paid per year | $5,400 | $2,602 | $3,119 |
| Property tax as a share of value | 0.67% | 0.48% | 0.94% |
| Median household income | $133,008 | $95,470 | $80,734 |
| Homes lived in by their owners | 100% | 66% | 65% |
| Owner homes with a mortgage | 53% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 25.6% | 22.1% | 21.0% |
| Median rent | – | $1,761 | $1,413 |
| Median year homes were built | 1964 | 1988 | 1980 |
| Vacant homes | 0.0% | 8.3% | 10.1% |
| Population | 320 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Eldorado Springs
At this week's average 30-year rate of 7.11%, buying the median Eldorado Springs home of $809,200 with 20% down costs about $5,144 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,622, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $220,449 for the 20%-down payment. That payment is 46% of the median Eldorado Springs household income of $133,008; at that income and 20% down, the 28% guideline points to a home of about $488,000.
| Down payment | $161,840 |
|---|---|
| Loan amount | $647,360 |
| Principal and interest | $4,355 |
| Property taxes (0.67% a year) | $452 |
| Homeowners insurance (our estimate, 0.5% a year) | $337 |
| PMI | $0 |
| Total per month | $5,144 |
Change the numbers in the calculator
| Down payment | $28,322 |
|---|---|
| Loan amount | $794,543 |
| Principal and interest | $5,345 |
| Property taxes (0.67% a year) | $452 |
| Homeowners insurance (our estimate, 0.5% a year) | $337 |
| FHA mortgage insurance | $488 |
| Total per month | $6,622 |
Change the numbers in the calculator
Questions about home buying in Eldorado Springs
What is the median home value in Eldorado Springs?
About $809,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Eldorado Springs?
Homeowners pay a median $5,400 a year, which is about 0.67% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Eldorado Springs?
For the median home with 20% down at 7.11%, the payment is about $5,144 a month. Keeping that under 28% of gross income takes about $220,449 a year.
More about Eldorado Springs
- Mortgage Refinance in Eldorado Springs
- Debt Relief in Eldorado Springs
- Home Equity Loans in Eldorado Springs
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data