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Taxes in Ken Caryl, Colorado

Complete tax guide for Ken Caryl, CO. State income tax up to 4.4%, 0.54% property tax, 3.94% sales tax. Calculate your total tax burden.

State Income Tax

4.4%

Colorado

Property Tax

0.54%

Effective rate

Sales Tax

3.94%

Combined rate

Tax Burden

Moderate

Ken Caryl, CO Tax Overview

Population

33,689

Median Income

$61,200

Cost of Living

95.3 (100 = avg)

State Income Tax

4.4%

Median Home Price

$502,000

Ken Caryl Tax Calculator

Pre-filled with Ken Caryl median: $61,200

Total Tax Burden in Ken Caryl

$12,680

Take-Home: $48,520 · Effective Rate: 20.72%

Federal Tax

$5,306

8.67% eff.

CO State

$2,693

4.40% eff.

FICA

$4,682

7.65% eff.

Take-Home

$48,520

79.28% kept

Tax Breakdown

Take-Home 79.28%
Federal
CO
FICA
Take-Home Federal Tax CO State Tax FICA
ItemAnnualMonthly
Gross Income$61,200.00$5,100.00
Federal Income Tax-$5,305.50-$442.13
Colorado State Tax-$2,692.80-$224.40
Social Security (6.2%)-$3,794.40-$316.20
Medicare (1.45%)-$887.40-$73.95
Take-Home Pay$48,519.90$4,043.33

Property Tax in Ken Caryl

Median Home

$502,000

Annual Tax

$2,711

Monthly Tax

$226

Effective Rate

0.54%

vs. National Average (1.1%)$-2,811/yr
Median Property Tax Paid$2,711/yr

Sales Tax in Ken Caryl

Combined Rate

3.94%

State Portion

~1.4%

Local Portion

~2.5%

The combined sales tax rate in Ken Caryl is 3.94%, which is below the national average of 7.12%. On a $100 purchase, you would pay $3.94 in sales tax.

Tax Burden Comparison

Tax TypeKen CarylColorado AvgNational Avg
Income Tax4.4%4.4%4.6%
Property Tax0.54%~0.54%1.1%
Sales Tax3.94%~3.94%7.12%
Overall BurdenModerateModerate

Tax Saving Tips for Ken Caryl 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 Ken Caryl (0.54%) 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.

Calculate 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 Ken Caryl, CO?

Ken Caryl, Colorado has a state income tax rate up to 4.4%. The property tax rate is 0.54% and the combined sales tax rate is 3.94%.

How much is property tax in Ken Caryl?

The effective property tax rate in Ken Caryl is 0.54%. On the median home price of $502,000, this equals approximately $2,711 per year or $226 per month. This is below the national average of 1.1%.

What is the sales tax rate in Ken Caryl?

The combined sales tax rate in Ken Caryl is 3.94%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.

How does Ken Caryl's tax burden compare to other cities?

Ken Caryl has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 25.1%. The combination of 4.4% state income tax, 0.54% property tax, and 3.94% sales tax determines the total burden. Cost of living index is 95.3 (100 = national average).

Are there any local taxes in Ken Caryl?

Ken Caryl 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).