Taxes in Grand Junction, Colorado
Complete tax guide for Grand Junction, CO. State income tax up to 4.4%, 0.52% property tax, 4.36% sales tax. Calculate your total tax burden.
State Income Tax
4.4%
Colorado
Property Tax
0.52%
Effective rate
Sales Tax
4.36%
Combined rate
Tax Burden
Low
Grand Junction, CO Tax Overview
Population
65,560
Median Income
$71,800
Cost of Living
111.5 (100 = avg)
State Income Tax
4.4%
Median Home Price
$488,000
Grand Junction Tax Calculator
Pre-filled with Grand Junction median: $71,800
Total Tax Burden in Grand Junction
$16,062
Take-Home: $55,738 · Effective Rate: 22.37%
Federal Tax
$7,410
10.32% eff.
CO State
$3,159
4.40% eff.
FICA
$5,493
7.65% eff.
Take-Home
$55,738
77.63% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $71,800.00 | $5,983.33 |
| Federal Income Tax | -$7,410.00 | -$617.50 |
| Colorado State Tax | -$3,159.20 | -$263.27 |
| Social Security (6.2%) | -$4,451.60 | -$370.97 |
| Medicare (1.45%) | -$1,041.10 | -$86.76 |
| Take-Home Pay | $55,738.10 | $4,644.84 |
Property Tax in Grand Junction
Median Home
$488,000
Annual Tax
$2,538
Monthly Tax
$211
Effective Rate
0.52%
Sales Tax in Grand Junction
Combined Rate
4.36%
State Portion
~1.9%
Local Portion
~2.5%
The combined sales tax rate in Grand Junction is 4.36%, which is below the national average of 7.12%. On a $100 purchase, you would pay $4.36 in sales tax.
Tax Burden Comparison
| Tax Type | Grand Junction | Colorado Avg | National Avg |
|---|---|---|---|
| Income Tax | 4.4% | 4.4% | 4.6% |
| Property Tax | 0.52% | ~0.52% | 1.1% |
| Sales Tax | 4.36% | ~4.36% | 7.12% |
| Overall Burden | Low | — | Moderate |
Tax Saving Tips for Grand Junction Residents
- Colorado's income tax rate of 4.4% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
- Property tax in Grand Junction (0.52%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
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HighCalculate Your Full Colorado Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Grand Junction, CO?
Grand Junction, Colorado has a state income tax rate up to 4.4%. The property tax rate is 0.52% and the combined sales tax rate is 4.36%.
How much is property tax in Grand Junction?
The effective property tax rate in Grand Junction is 0.52%. On the median home price of $488,000, this equals approximately $2,538 per year or $211 per month. This is below the national average of 1.1%.
What is the sales tax rate in Grand Junction?
The combined sales tax rate in Grand Junction is 4.36%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Grand Junction's tax burden compare to other cities?
Grand Junction has a low overall tax burden. The effective total tax rate for a median-income household is approximately 24.4%. The combination of 4.4% state income tax, 0.52% property tax, and 4.36% sales tax determines the total burden. Cost of living index is 111.5 (100 = national average).
Are there any local taxes in Grand Junction?
Grand Junction does not impose a separate local or city income tax. Residents pay the state income tax of 4.4%, federal income tax, and FICA (Social Security and Medicare).