81047 Property Tax Rate

Property owners in ZIP code 81047 (Holly, Colorado) pay a median of $596/year in property taxes on homes valued at $157,700. This translates to an effective tax rate of 0.38%, which is 9% below the Colorado state average of 0.42%.

The monthly property tax burden for a median-valued home in 81047 is approximately $50, which factors into escrow payments on mortgages. This ZIP code is located within Prowers County. This is $1,286 less than the Colorado average of $1,882/year.

Compared to similar ZIP codes in Colorado, 81047 has higher property taxes. ZIP codes with similar effective rates include 80454 (0.38%) and 80510 (0.38%).

In Holly, property taxes represent approximately 1.3% of the median household income of $46,531, providing context for the relative tax burden on homeowners in this area.

Colorado's repealed Gallagher Amendment means Prowers County assesses residential property at market value with no preferential rate cap. Prowers County homeowners 65+ with 10+ consecutive years of continuous residence are eligible for the Senior Homestead Exemption, which reduces assessed value and provides meaningful annual tax relief — file your application with the Prowers County Assessor upon meeting age and residency requirements. Contact the Prowers County Assessor to obtain your Notice of Valuation and confirm the exemption claim deadline.