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Colorado Income Tax Calculator

Calculate your total tax burden in Colorado. See CO state income tax (4.4% top rate), federal tax, and FICA combined. Free, instant, private.

Flat 4.4%Property Tax: 0.49%Sales Tax: 7.81%

Colorado Income Tax Calculator

Pre-filled with Colorado median: $82,254

Your Total Tax Burden

$18,961

Take-Home: $63,293 · Effective Rate: 23.1%

Federal Tax

$9,710

11.8% eff.

CO State Tax

$2,959

3.6% eff.

FICA

$6,292

7.6% eff.

Take-Home

$63,293

76.9% kept

Tax Breakdown

Take-Home 76.9%
Federal
FICA
Take-Home Federal Tax CO State Tax FICA

Colorado Tax Bracket Breakdown

4.4%$67,254 taxable
$2,959.18
Total CO State Tax$2,959.18
ItemAnnualMonthly
Gross Income$82,254.00$6,854.50
Federal Income Tax-$9,709.88-$809.16
Colorado State Tax-$2,959.18-$246.60
Social Security (6.2%)-$5,099.75-$424.98
Medicare (1.45%)-$1,192.68-$99.39
Take-Home Pay$63,292.51$5,274.38

Marginal Tax Rate

4.4%

CO state only

Effective Tax Rate

23.1%

All taxes combined

Colorado Tax System Overview

Colorado has a flat 4.4% income tax using federal taxable income as its starting point. The TABOR amendment mandates refunds when revenue exceeds limits. Property taxes are among the lowest at 0.49%.

Top Income Tax

4.4%

Property Tax

0.49%

Sales Tax (Avg)

7.81%

Median Income

$82,254

Other Taxes in Colorado

Capital Gains Tax

Taxed as regular income; exclusion for CO real property

Property Tax

Average effective rate of 0.49%. On a $300,000 home, this equals approximately $1,470 per year, or $123 per month.

Sales Tax

State rate of 2.9%, with a combined average of 7.81% including local taxes.

Filing Tips for Colorado

Federal deductions automatically apply. Watch for TABOR refund checks (taxable federally). Colorado offers retirement income subtractions for 55+ and generous renewable energy credits.

  • Maximize pre-tax contributions to 401(k) ($23,500 limit in 2026, $31,000 if 50+) to reduce both federal and CO state taxable income.
  • Use an HSA if you have a high-deductible health plan. Contributions ($4,300 individual, $8,550 family) are pre-tax and reduce your tax burden.
  • Review your W-4. If you regularly get large refunds, adjust your withholding to keep more money in each paycheck throughout the year.

Compare Colorado to Nearby States

If you lived in a neighboring state instead, here is how your state tax would change on $82,254 income:

StateTop RateState TaxDifference
Colorado4.4%$2,959
WyomingNone$0Save $2,959
Nebraska5.84%$3,674+$715
Kansas5.7%$4,031+$1,072
Oklahoma4.75%$3,417+$458

Explore All 50 State Tax Calculators

Compare income tax rates, property taxes, and sales taxes across all US states and DC.

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Frequently Asked Questions

What is the income tax rate in Colorado?

Colorado has a flat income tax rate of 4.4%. This means all taxable income is taxed at the same rate regardless of how much you earn. Flat 4.4%. Uses federal taxable income. TABOR mandates refunds when revenue exceeds limits.

How much state tax will I pay in Colorado on $82,254?

On income of $82,254 filing single in Colorado, you would pay approximately $2,959 in state income tax (effective rate of 3.6%). This is after the state standard deduction of $15,000.

Does Colorado tax capital gains?

Taxed as regular income; exclusion for CO real property. Capital gains treatment varies by state — some tax them as regular income while others offer exclusions or preferential rates.

How does Colorado compare to neighboring states for taxes?

Colorado's neighboring states include Wyoming (no income tax), Nebraska (5.84% top rate), Kansas (5.7% top rate). Property tax rates, sales taxes, and cost of living should also be considered when comparing overall tax burden. Use the calculator above to compare your specific tax liability across states.