Total streamflow across the Eagle River was last observed at 818 cfs, and is expected to yield approximately 1,622 acre-ft of water today; about 83% of normal. Average streamflow for this time of year is 992 cfs, with recent peaks last observed on 2019-07-01 when daily discharge volume was observed at 12,671 cfs.

Maximum discharge along the river is currently at the Eagle River Below Gypsum reporting a streamflow rate of 490 cfs. This is also the highest stage along the Eagle River, with a gauge stage of 4.78 ft at this location. This river is monitored from 4 different streamgauging stations along the Eagle River, the highest being situated at an altitude of 8,785 ft, the Eagle River At Red Cliff.

Eagle River is a tributary of the Colorado River that flows for about 60 miles through central Colorado. The river was named by the Ute Indians, who observed eagles fishing in the river. Hydrologically, the river is classified as a snowmelt-dominated river, with peak flows occurring in late spring and early summer. There are several reservoirs and dams along the river, including the Eagle Park Reservoir and the Homestake Reservoir. These structures were built primarily for municipal and industrial water supply, as well as hydroelectric power generation. Recreational uses of the Eagle River include fishing, kayaking, and rafting, while agricultural uses include irrigation for crops such as hay and alfalfa. The river has a rich history, with early settlers using it for transportation and mining activities. Today, the Eagle River is an important natural resource for the region, providing a source of water for both human and environmental needs.