Total monthly cost of ownership
Cost to Own a Home in El Jebel, Colorado
A $854,000 home here costs
$6,090per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $261,000 a year.
A standard mortgage calculator would have told you $4,656. The real number is $1,434 higher every month, 31% more than the payment most buyers budget for.
Compare Eagle County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for El Jebel from a five-year rolling sample, and with about 3,935 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Eagle County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
El Jebel against Eagle County and Colorado
| Measure | El Jebel | Eagle County |
|---|---|---|
| Median home value | $854,300 | $814,700 |
| Median property tax | $3,490 | $3,339 |
| Effective tax rate | 0.409% | 0.410% |
| Median gross rent | $3,145 | $2,032 |
| Population | 3,935 | 55,374 |
The weather behind that power bill
El Jebel sits in Eagle County, which averages a high of 82.2°F in its hottest month and a low of 8.7°F in its coldest, with 14.92" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 90 cooling and 8,142 heating degree days, which is what sets the $116 electricity line above.
See the full climate breakdown for Eagle County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Eagle County
Talk to someone who works this market
These are El Jebel averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works El Jebel every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in El Jebel I already own here and may sell
Common questions
How much does it cost to own a home in El Jebel?
A $854,000 home in El Jebel, Colorado costs approximately $6,090 per month with 20% down at 7.24%. That is $4,656 principal and interest, $291 property tax, $248 homeowners insurance, $184 utilities and $712 set aside for maintenance.
What is the property tax rate in El Jebel?
El Jebel has an effective property tax rate of 0.409%, based on a median home value of $854,300 and median real estate taxes of $3,490. That is in line with the Eagle County average of 0.410%.
What is the average home price in El Jebel?
The median owner-occupied home value in El Jebel, Colorado is $854,300, against $814,700 across Eagle County.
Is it cheaper to rent or buy in El Jebel?
Median gross rent in El Jebel is $3,145 a month, against $6,090 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in El Jebel?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in El Jebel, Colorado at today's rate takes a household income of roughly $261,000 a year. That covers the full $6,090 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for El Jebel, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Colorado.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.