Taxes in Highlands Ranch, Colorado
Complete tax guide for Highlands Ranch, CO. State income tax up to 4.4%, 0.5% property tax, 3.61% sales tax. Calculate your total tax burden.
State Income Tax
4.4%
Colorado
Property Tax
0.5%
Effective rate
Sales Tax
3.61%
Combined rate
Tax Burden
Low
Highlands Ranch, CO Tax Overview
Population
105,000
Median Income
$78,900
Cost of Living
107.1 (100 = avg)
State Income Tax
4.4%
Median Home Price
$574,000
Highlands Ranch Tax Calculator
Pre-filled with Highlands Ranch median: $78,900
Total Tax Burden in Highlands Ranch
$18,479
Take-Home: $60,421 · Effective Rate: 23.42%
Federal Tax
$8,972
11.37% eff.
CO State
$3,472
4.40% eff.
FICA
$6,036
7.65% eff.
Take-Home
$60,421
76.58% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $78,900.00 | $6,575.00 |
| Federal Income Tax | -$8,972.00 | -$747.67 |
| Colorado State Tax | -$3,471.60 | -$289.30 |
| Social Security (6.2%) | -$4,891.80 | -$407.65 |
| Medicare (1.45%) | -$1,144.05 | -$95.34 |
| Take-Home Pay | $60,420.55 | $5,035.05 |
Property Tax in Highlands Ranch
Median Home
$574,000
Annual Tax
$2,870
Monthly Tax
$239
Effective Rate
0.5%
Sales Tax in Highlands Ranch
Combined Rate
3.61%
State Portion
~1.1%
Local Portion
~2.5%
The combined sales tax rate in Highlands Ranch is 3.61%, which is below the national average of 7.12%. On a $100 purchase, you would pay $3.61 in sales tax.
Tax Burden Comparison
| Tax Type | Highlands Ranch | Colorado Avg | National Avg |
|---|---|---|---|
| Income Tax | 4.4% | 4.4% | 4.6% |
| Property Tax | 0.5% | ~0.5% | 1.1% |
| Sales Tax | 3.61% | ~3.61% | 7.12% |
| Overall Burden | Low | — | Moderate |
Tax Saving Tips for Highlands Ranch 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 Highlands Ranch (0.5%) 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 Highlands Ranch, CO?
Highlands Ranch, Colorado has a state income tax rate up to 4.4%. The property tax rate is 0.5% and the combined sales tax rate is 3.61%.
How much is property tax in Highlands Ranch?
The effective property tax rate in Highlands Ranch is 0.5%. On the median home price of $574,000, this equals approximately $2,870 per year or $239 per month. This is below the national average of 1.1%.
What is the sales tax rate in Highlands Ranch?
The combined sales tax rate in Highlands Ranch is 3.61%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Highlands Ranch's tax burden compare to other cities?
Highlands Ranch has a low overall tax burden. The effective total tax rate for a median-income household is approximately 24.2%. The combination of 4.4% state income tax, 0.5% property tax, and 3.61% sales tax determines the total burden. Cost of living index is 107.1 (100 = national average).
Are there any local taxes in Highlands Ranch?
Highlands Ranch 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).