Holly, Prowers County, Colorado Property Taxes
Property Taxes in Holly, Colorado
Median Holly, Colorado effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Holly, Colorado home value: $41,095
Median annual Holly, Colorado tax bill: $115, $2,285 lower lower than the national median property tax bill of $2,400.
How are property taxes in Prowers calculated?
Property taxes in Holly, Colorado 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 Holly's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Holly, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Holly, Prowers County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.5%
Estimate Property Tax Bill
$205
$191
How Does the Holly Property Tax Calculator Work?
Use this Holly property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Holly's median effective tax rate of 0.50% — based on actual property records in Prowers County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Holly's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Holly: rates range from 0.50% in 81047 to 0.50% in 81047, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Holly.
About Holly Property Taxes
About Property Taxes in Holly, Prowers, Colorado
Holly's median effective property tax rate of 0.50% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Prowers County levy combined with local school district levies and metro districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Holly. Homeowners in the 81047 ZIP code carry a median effective rate of 0.50%, while those in the same ZIP code pay 0.50%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Prowers County. Understanding which part of Holly you live in can make a meaningful difference to your annual tax bill.
Holly homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 8, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Holly, Prowers County, Colorado
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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 Holly's effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.
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 Holly Tax Rate
0.50%
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 Prowers County Tax Rate
0.32%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Holly, Prowers County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81047 | 0.19% | 0.28% | 0.50% | 0.77% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Holly, Prowers County, Colorado
When examining property taxes in Holly, 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 Prowers 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.
Assessment notices:
In Prowers County, assessment notices are sent in May 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. For example, the median home price in Holly is $41,095, with tax bills ranging from $69 at the 25th percentile to $1,208 at the 90th percentile. The highest median home price is in 81047 at $41,095.
Property Tax Assessment Values Across Holly, Prowers County, Colorado
Source: Ownwell
$29,830
$56,411
$82,992
Median Holly Market Value
$41,095
Median Prowers County Market Value
$64,608
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Holly, Prowers County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81047 | $3,408 | $13,085 | $41,095 | $110,066 | $182,668 |
Source: Ownwell
Property Tax Bills Across Holly, Prowers County, Colorado
Property tax bills in Holly are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is the starting point for the bill, and it can change when home values rise or fall. For homeowners, that means a higher market value can lead to a higher tax bill, while a lower market value can reduce it.
In Holly, the median home price is $41,095, and the median tax bill is $115.00. That is far below the national median property tax bill of $2,400, showing how much lower local bills can be in this area. Tax bills also vary across homes: the 25th percentile is $69, the 75th percentile is $501, and the 90th percentile is $1,208. These differences reflect how assessed values and local tax rates combine to determine what each homeowner pays.
Median Holly Tax Bill
$115
Median Prowers County Tax Bill
$118
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Holly, Prowers County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81047 | $29 | $69 | $115 | $501 | $1,208 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| Prowers Tax Assessor | |
| Website | qpublic.schneidercorp.com |