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Holyoke · FY2021 municipal finance benchmarks

Phillips County · Eastern Plains · home rule municipality · Pop. 2,264 (2025 estimate); FY2021 per-resident figures use 2,325 · Census finance data FY2016, FY2018, FY2019, FY2020, FY2021, FY2022

You’re viewing FY2021. See the latest view (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

FY2021 in brief

Holyoke collected $2,631 per resident (including city-run utilities), 6% above the median of the 227 Colorado municipalities reporting that year, 25% below its peers. Tax revenue per resident sits 42% below its peers, and 54% 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

FY2021 headline figures

Revenue per resident (definition)

$2,631
25% below peers
Includes city-owned utilities
Peer median
$3,519
CO median · 227 with a published figure
$2,476
Position
Higher than 55% of the 227 reporting
5-year changenominal dollars
Not enough history for a 5-year change
How Colorado compares on revenue per resident

Expenditures per resident (definition)

$2,200
32% below peers
Includes city-owned utilities
Peer median
$3,225
CO median · 220 with a published figure
$2,208
Position
Higher than 50% of the 220 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Tax revenue per resident (definition)

$492
42% below peers
Peer median
$844
CO median · 201 with a published figure
$1,072
Position
Higher than 16% of the 201 reporting
5-year changenominal dollars
Not enough history for a 5-year change

How this number was calculated

Revenue per resident · $2,631
Reported by the city to the Census Bureau

  1. 1Metric

    $2,631 Total revenue divided by population

    = Total revenue ÷ population

    Full definition: Revenue per resident

  2. 2Inputs

    Total revenue $6.1M ÷ population 2,325 (2021 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.)
    • T28 Licenses & permits
    • T29 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 48.0% 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 2,325 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, FY2021. Bars show Holyoke; the gold tick is the peer median. How categories work

The biggest difference from peers is Utilities & environment: $872 per resident, 55% below the peer median. On the revenue side, sales tax is 55% below peers.

Money in

Revenue

$2,631
per resident25% below peers
Money in: Holyoke revenue per resident by category, FY2021, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$1,26310% belowpeers $1,406
$36636% belowpeers $568
$32021% belowpeers $407
$28455% belowpeers $631
$1912.6×peers $74
$1819% belowpeers $198
$2760% belowpeers $67
Peer median of 5 peers · Colorado median of 227 reporting

Money out

Spending

$2,200
per resident32% below peers
Money out: Holyoke spending per resident by category, FY2021, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$87255% belowpeers $1,930
$47382% abovepeers $260
$29929% belowpeers $422
$273in line withpeers $264
$24924% belowpeers $327
$35No peer comparisonpeers $0
None reported · peers $38$0None reported
Peer median of 5 peers · Colorado median of 220 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, FY2021. How peers are chosen

Open in Compare
Holyoke compared with its peer municipalities, FY2021, per resident
MunicipalityRevenueExpendituresTax revenueSales taxDebt
HolyokeUtilities: City-owned utilities (water, electric, gas, transit) brought in 48.0% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$2,631$2,200$492$284Not reported for this year
WrayUtilities: City-owned utilities (water, electric, gas, transit) brought in 41.4% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$3,393$3,880$869$631$1,859
Las AnimasUtilities: City-owned utilities (water, electric, gas, transit) brought in 53.3% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$3,867$3,225$844$658$1,408
LimonUtilities: City-owned utilities (water, electric, gas, transit) brought in 10.1% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$3,519$3,113$1,337$1,032$3,922
AkronUtilities: City-owned utilities (water, electric, gas, transit) brought in 13.3% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$1,870$2,216$792$362$936
BurlingtonUtilities: City-owned utilities (water, electric, gas, transit) brought in 53.9% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$3,957$3,489$750$524$1,564
Peer median$3,519$3,225$844$631Not 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.

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 $2,631 per resident in FY2021, 6% above the median of the 227 Colorado municipalities reporting that year. See the figure
How does Holyoke's spending per resident compare with similar cities?
Holyoke spent $2,200 per resident in FY2021, 32% below the median of its peers: Wray, Las Animas, Limon, Akron and Burlington. See the figure
Which cities is Holyoke compared with?
Holyoke is compared with Wray, Las Animas, Limon, Akron and Burlington: 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)
+1.0%/yr
2021 estimate
Median household income
$48.2K
2021 estimate
Poverty rate
11.5%
2021 estimate
Median home value
$208.9K
2021 estimate
Housing vacancy rate
14.4%
2021 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

Utilities & environment is Holyoke’s largest difference from its peers (55% below the peer median in FY2021). See how that line moves month to month in your own budget-vs-actual.

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