Holyoke, Yuma County, Colorado Property Taxes
Median Holyoke, CO effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Holyoke, CO home value: $213,230
Median annual Holyoke, CO tax bill: $1,575, $825 lower than the national median property tax bill of $2,400.
How are property taxes in Yuma County calculated?
Property taxes in Holyoke, CO are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Holyoke’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Holyoke, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Holyoke, Yuma County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.58%
Estimate Property Tax Bill
$1,237
$1,148
Property Tax Rates Across Holyoke, Yuma County, Colorado
Local government entities set tax rates, which can vary widely within a state. This variation is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Holyoke’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S. Holyoke, located in Phillips County, has a property tax rate that reflects the county's budgetary needs and the total assessed property value. Colorado's median property tax rate is lower than the national median, making it an attractive option for property owners. However, individual rates can vary based on local decisions and property values. Understanding these rates can help property owners make informed decisions and potentially save on taxes by seeking appeal or exemption services. Stay informed and proactive in managing your property taxes.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Holyoke Tax Rate
0.58%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Yuma County Tax Rate
0.67%
Median Effective Colorado Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Holyoke, Yuma County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80734 | 0.51% | 0.55% | 0.58% | 0.77% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Holyoke, Yuma County, Colorado
When examining property taxes in Holyoke, Colorado, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Yuma County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Yuma County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Holyoke. For example, the median home price in Holyoke is $213,230, with tax bills ranging significantly across the county. 80734 has the highest median home price at $213,230.
Property Tax Assessment Values Across Holyoke, Yuma County, Colorado
Source: Ownwell
$47,750
$130,490
$213,230
Median Holyoke Market Value
$213,230
Median Yuma County Market Value
$112,640
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Holyoke, Yuma County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80734 | $11,580 | $57,770 | $213,230 | $355,980 | $410,128 |
Source: Ownwell
Property Tax Bills Across Holyoke, Yuma County, Colorado
Median Holyoke Tax Bill
$1,575
Median Yuma County Tax Bill
$763
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Holyoke, Yuma County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80734 | $428 | $938 | $1,575 | $2,203 | $6,330 |
Source: Ownwell
