Total monthly cost of ownership
Cost to Own a Home in Gypsum, Colorado
A $554,000 home here costs
$3,911per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,848. The real number is $1,063 higher every month — 37% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Gypsum against Eagle County and Colorado
| Measure | Gypsum | Eagle County |
|---|---|---|
| Median home value | $553,600 | $814,700 |
| Median property tax | $2,724 | $3,339 |
| Effective tax rate | 0.492% | 0.410% |
| Median gross rent | $2,198 | $2,032 |
| Population | 8,481 | 55,374 |
The weather behind that power bill
Gypsum 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 $145 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
Common questions
How much does it cost to own a home in Gypsum?
A $554,000 home in Gypsum, Colorado costs approximately $3,911 per month with 20% down at 6.66%. That is $2,848 principal and interest, $227 property tax, $161 homeowners insurance, $213 utilities and $462 set aside for maintenance.
What is the property tax rate in Gypsum?
Gypsum has an effective property tax rate of 0.492%, based on a median home value of $553,600 and median real estate taxes of $2,724. That is higher than the Eagle County average of 0.410%.
What is the average home price in Gypsum?
The median owner-occupied home value in Gypsum, Colorado is $553,600, against $814,700 across Eagle County.
Is it cheaper to rent or buy in Gypsum?
Median gross rent in Gypsum is $2,198 a month, against $3,911 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Gypsum — 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.