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Holyoke · FY2022 municipal finance benchmarks

Phillips County · Eastern Plains · home rule municipality · Pop. 2,264 (2025 estimate); FY2022 per-resident figures use 2,289 · Census finance data FY2016, FY2018, FY2019, FY2020, FY2021, FY2022

Latest Census Bureau finance data for Holyoke: FY2022. Retrieved Oct 2026. Newer years are added when the Census Bureau publishes them. Why the lag?

City website (opens in a new tab)

Compare

FY2022 in brief

Holyoke collected $2,689 per resident (including city-run utilities), 11% below the median of the 72 Colorado municipalities reporting that year. Tax revenue per resident sits 36% below its peers, and 67% below the state median.

Generated from the figures below. Every number links to its Census source.

Compared with

Nearest on population, household income and region

FY2022 headline figures

Revenue per resident (definition)

$2,689
17% below peers
Includes city-owned utilities
Peer median
$3,240
CO median · 72 with a published figure
$3,031
Position
Higher than 35% of the 72 reporting
5-year changenominal dollars
Not enough history for a 5-year change
How Colorado compares on revenue per resident

Expenditures per resident (definition)

$2,675
in line with peers
Includes city-owned utilities
Peer median
$2,657
CO median · 71 with a published figure
$3,025
Position
Higher than 40% of the 71 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Tax revenue per resident (definition)

$533
36% below peers
Peer median
$833
CO median · 71 with a published figure
$1,631
Position
Higher than 3% of the 71 reporting
5-year changenominal dollars
Not enough history for a 5-year change

How this number was calculated

Revenue per resident · $2,689
Reported by the city to the Census Bureau

  1. 1Metric

    $2,689 Total revenue divided by population

    = Total revenue ÷ population

    Full definition: Revenue per resident

  2. 2Inputs

    Total revenue $6.2M ÷ population 2,289 (2022 estimate)

  3. 3Census line items

    • A01 Airport charges
    • A03 Commercial activities (other) charges
    • A61 Parks & recreation charges
    • A80 Sewer charges
    • A81 Solid waste charges
    • A91 Water utility charges
    • A92 Electric utility charges
    • B89 Federal aid
    • C89 State aid
    • D89 Local government aid
    • T01 Property tax
    • T09 General sales tax
    • T19 Selective sales taxes (lodging, utilities, etc.)
    • T24 Licenses & permits
    • T28 Licenses & permits
    • U20 Interest earnings
    • U30 Fines & forfeits
    • U40 Rents
    • U99 Miscellaneous

  4. 4Source file

What the numbers mean

  • Holyoke runs city-owned utilities, which add 53.1% of its revenue. Cities that don't run utilities will look lower on revenue and spending per resident for that reason alone. What counts as utility revenue
  • With about 2,289 residents, small changes in Holyoke's budget move per-resident figures a lot. Compare several years, not one.

Where the money comes from and where it goes

Per resident, FY2022. Bars show Holyoke; the gold tick is the peer median. How categories work

The biggest difference from peers is Public safety: $602 per resident, 42% above the peer median. On the revenue side, utility & transit charges is 84% above peers.

Money in

Revenue

$2,689
per resident17% below peers
Money in: Holyoke revenue per resident by category, FY2022, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$1,42984% abovepeers $776
$42011% belowpeers $472
$30952% belowpeers $650
$19431% abovepeers $149
$16317% belowpeers $197
$14521% belowpeers $184
$2915% belowpeers $34
Peer median of 4 peers · Colorado median of 72 reporting

Money out

Spending

$2,675
per residentin line with peers
Money out: Holyoke spending per resident by category, FY2022, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$988in line withpeers $982
$60242% abovepeers $425
$42126% abovepeers $333
$34330% belowpeers $489
$2942.1×peers $141
$282.4×peers $12
None reported · peers $46$0None reported
Peer median of 4 peers · Colorado median of 71 reporting

Holyoke and its peers

The five Colorado municipalities nearest on population, median household income and region. Budget size isn’t a matching factor, so peers aren’t chosen on the figures being compared. Per resident, FY2022. How peers are chosen

Open in Compare
Holyoke compared with its peer municipalities, FY2022, per resident
MunicipalityRevenueExpendituresTax revenueSales taxDebt
HolyokeUtilities: City-owned utilities (water, electric, gas, transit) brought in 53.1% of total revenue in FY2022. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$2,689$2,675$533$309Not reported for this year
ElizabethUtilities: City-owned utilities (water, electric, gas, transit) brought in 26.5% of total revenue in FY2022. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.Regional hub: Sales tax per resident is 1.8× the Colorado median.$4,481$3,296$2,557$2,073$1,168
Rocky FordUtilities: City-owned utilities (water, electric, gas, transit) brought in 24.2% of total revenue in FY2022. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$1,387$1,133$395$377$1,349
BrushUtilities: City-owned utilities (water, electric, gas, transit) brought in 16.5% of total revenue in FY2022. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$2,216$2,019$862$634$972
LamarUtilities: City-owned utilities (water, electric, gas, transit) brought in 55.8% of total revenue in FY2022. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$4,264$3,873$804$666$1,172
Peer median$3,240$2,657$833$650Not reported for this year

Utilities marks a municipality whose revenue and spending include city-owned utilities (water, electric, gas, transit), which raises its per-resident totals.

Regional hub marks a municipality whose sales tax per resident is at least 1.5× the Colorado median: a shopping or visitor hub where people who live elsewhere pay much of the sales tax.

Trends

Every available fiscal year. Lines break where a year is missing or withheld; nothing is interpolated.

  • This city
  • Peer median
  • Withheld (shown on the axis, no value)
  • Colorado median (Census of Governments years only)
Revenue per resident
FY2018 $2,195 to FY2022 $2,689. 1 year withheld.$0$1.9K$3.7K’16’18’19’20’21’22Peer median FY2018: $2,043Peer median FY2019: $1,901Peer median FY2020: $3,701Peer median FY2021: $3,519Peer median FY2022: $3,240Colorado median FY2016: $1,746 (all 224 municipalities reporting)Colorado median FY2021: $2,476 (all 227 municipalities reporting)FY2018: $2,195FY2019: $2,333FY2020: $2,250FY2021: $2,631FY2022: $2,689FY2016: withheld — Revenue per resident is 473% of this city's typical level in other years

Fiscal year · nominal dollars, not adjusted for inflation

  • FY2016 withheld: Revenue per resident is 473% of this city's typical level in other years

Peer group changed in FY2018, FY2019, FY2020, FY2021, FY2022. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016Withheld (Revenue per resident is 473% of this city's typical level in other years)Benchmark unavailable$1,746 (224 reporting)
FY2018$2,195$2,043$2,529 (75 reporting, sample year)
FY2019$2,333$1,901$2,694 (73 reporting, sample year)
FY2020$2,250$3,701$2,739 (76 reporting, sample year)
FY2021$2,631$3,519$2,476 (227 reporting)
FY2022$2,689$3,240$3,031 (72 reporting, sample year)
Expenditures per resident
FY2018 $740 to FY2022 $2,675. 1 year withheld.$0$1.7K$3.4K’16’18’19’20’21’22Peer median FY2018: $1,828Peer median FY2020: $3,450Peer median FY2021: $3,225Peer median FY2022: $2,657Colorado median FY2016: $1,749 (all 224 municipalities reporting)Colorado median FY2021: $2,208 (all 227 municipalities reporting)FY2018: $740FY2019: $1,414FY2020: $1,379FY2021: $2,200FY2022: $2,675. Excludes equipment purchases and payments to other governments, which Census stopped reporting after FY2021.FY2016: withheld — Expenditures per resident is 649% of this city's typical level in other years

Fiscal year · nominal dollars, not adjusted for inflation

Census definition change: Excludes equipment purchases and payments to other governments, which Census stopped reporting after FY2021.

  • FY2016 withheld: Expenditures per resident is 649% of this city's typical level in other years

Peer group changed in FY2018, FY2019, FY2020, FY2021, FY2022, the same year as the census definition change. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Expenditures per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016Withheld (Expenditures per resident is 649% of this city's typical level in other years)Benchmark unavailable$1,749 (196 reporting)
FY2018$740$1,828$2,387 (74 reporting, sample year)
FY2019$1,414Benchmark unavailable$2,759 (71 reporting, sample year)
FY2020$1,379$3,450$2,485 (74 reporting, sample year)
FY2021$2,200$3,225$2,208 (220 reporting)
FY2022$2,675$2,657$3,025 (71 reporting, sample year)
Tax revenue per resident
FY2018 $407 to FY2022 $533. 1 year withheld.$0$536$1.1K’16’18’19’20’21’22Peer median FY2018: $657Peer median FY2020: $742Peer median FY2021: $844Peer median FY2022: $833Colorado median FY2016: $705 (all 224 municipalities reporting)Colorado median FY2021: $1,072 (all 227 municipalities reporting)FY2018: $407FY2019: $459FY2020: $461FY2021: $492FY2022: $533FY2016: withheld — Tax revenue per resident is 1768% of this city's typical level in other years

Fiscal year · nominal dollars, not adjusted for inflation

  • FY2016 withheld: Tax revenue per resident is 1768% of this city's typical level in other years

Peer group changed in FY2018, FY2019, FY2020, FY2021, FY2022. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Tax revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016Withheld (Tax revenue per resident is 1768% of this city's typical level in other years)Benchmark unavailable$705 (193 reporting)
FY2018$407$657$1,173 (70 reporting, sample year)
FY2019$459Benchmark unavailable$1,187 (71 reporting, sample year)
FY2020$461$742$1,238 (72 reporting, sample year)
FY2021$492$844$1,072 (201 reporting)
FY2022$533$833$1,631 (71 reporting, sample year)
Debt per resident
FY2016 $2,892 to FY2018 $22.$0$1.4K$2.9K’16’18’19’20’21’22Peer median FY2016: $1,173Peer median FY2018: $1,572Colorado median FY2016: $1,072 (all 224 municipalities reporting)FY2016: $2,892FY2018: $22

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2018. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Debt per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016$2,892$1,173$1,072 (220 reporting)
FY2018$22$1,572$1,644 (70 reporting, sample year)
FY2019———
FY2020———
FY2021———
FY2022———

Questions about Holyoke’s finances

How much revenue does Holyoke collect per resident?
Holyoke collected $2,689 per resident in FY2022, 11% below the median of the 72 Colorado municipalities reporting that year. See the figure
How does Holyoke's spending per resident compare with similar cities?
Holyoke spent $2,675 per resident in FY2022, in line with the median of its peers: Elizabeth, Rocky Ford, Brush and Lamar. See the figure
Which cities is Holyoke compared with?
Holyoke is compared with Elizabeth, Rocky Ford, Brush and Lamar: the Colorado municipalities nearest to it on population, median household income and region. Budget size isn't used, so peers aren't chosen on the figures being compared. See the peer table
Where do these numbers come from?
From the U.S. Census Bureau's Annual Survey of State and Local Government Finances, as each government reported its own fiscal year, divided by Census population estimates. Figures that fail quality checks are withheld rather than shown. Sources and methodology

Community context

American Community Survey 5-year estimates and Census population estimates. Where the selected year isn’t available, the nearest earlier year is shown and labeled.

Population growth (5-yr)
+0.6%/yr
2022 estimate
Median household income
$51.4K
2022 estimate
Poverty rate
11.4%
2022 estimate
Median home value
$258K
2022 estimate
Housing vacancy rate
15.2%
2022 estimate

Explore further

Also in Eastern Plains

Revenue per resident, latest published year.

Sources

Dataset: Holyoke, CO municipal finance benchmarks

Free to reuse under CC BY 4.0 (opens in a new tab). Please credit “Source: Orivian Municipal Index, orivian.ai/benchmarks”. See the data use terms.

Notes: dollars are nominal (not inflation-adjusted). Colorado medians cover the municipalities reporting that year. Peers: nearest on population, income and region. Definitions: orivian.ai/benchmarks/methodology.Retrieved October 12, 2026 from orivian.ai/benchmarks.

Every figure on this page is read from the published index; nothing is recalculated for display. Read the methodology

Public safety is Holyoke’s largest difference from its peers (42% above the peer median in FY2022). See how that line moves month to month in your own budget-vs-actual.

Orivian applies the same sourced, governed approach to your city's own budget-vs-actual data.

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