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Taxes in Thornton, Colorado

Complete tax guide for Thornton, CO. State income tax up to 4.4%, 0.48% property tax, 8.5% sales tax. Calculate your total tax burden.

State Income Tax

4.4%

Colorado

Property Tax

0.48%

Effective rate

Sales Tax

8.5%

Combined rate

Tax Burden

Moderate

Thornton, CO Tax Overview

Population

141,867

Median Income

$74,218

Cost of Living

106.8 (100 = avg)

State Income Tax

4.4%

Median Home Price

$440,000

Thornton Tax Calculator

Pre-filled with Thornton median: $74,218

Total Tax Burden in Thornton

$16,885

Take-Home: $57,333 · Effective Rate: 22.75%

Federal Tax

$7,942

10.70% eff.

CO State

$3,266

4.40% eff.

FICA

$5,678

7.65% eff.

Take-Home

$57,333

77.25% kept

Tax Breakdown

Take-Home 77.25%
Federal
CO
FICA
Take-Home Federal Tax CO State Tax FICA
ItemAnnualMonthly
Gross Income$74,218.00$6,184.83
Federal Income Tax-$7,941.96-$661.83
Colorado State Tax-$3,265.59-$272.13
Social Security (6.2%)-$4,601.52-$383.46
Medicare (1.45%)-$1,076.16-$89.68
Take-Home Pay$57,332.77$4,777.73

Property Tax in Thornton

Median Home

$440,000

Annual Tax

$2,112

Monthly Tax

$176

Effective Rate

0.48%

vs. National Average (1.1%)$-2,728/yr
Median Property Tax Paid$2,112/yr

Sales Tax in Thornton

Combined Rate

8.5%

State Portion

~6.0%

Local Portion

~2.5%

The combined sales tax rate in Thornton is 8.5%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.50 in sales tax.

Tax Burden Comparison

Tax TypeThorntonColorado AvgNational Avg
Income Tax4.4%4.4%4.6%
Property Tax0.48%~0.48%1.1%
Sales Tax8.5%~8.5%7.12%
Overall BurdenModerateModerate

About Taxes in Thornton

Thornton has a population of approximately 141,867 residents with a median household income of $74,218. The cost of living index is 106.8 (6.8% higher than the national average of 100).

Tax burden classification: Moderate. Effective combined tax rate of 27.4% includes federal, state, FICA, property, and sales taxes for a typical Thornton household.

Official Tax Resources for Colorado

For authoritative Colorado tax forms, filing deadlines, and the latest legislative updates, consult these official government resources:

Tax Saving Tips for Thornton 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 Thornton (0.48%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
  • The combined sales tax rate of 8.5% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,400 individual, $8,750 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Sources & Methodology

Tax rate data on this page is compiled from official government sources and updated for the 2026 tax year. Calculations follow the IRS-published 2026 federal tax brackets, FICA rates (6.2% Social Security up to $176,100 wage base, 1.45% Medicare), and Colorado state tax provisions. Property tax estimates use Thornton's median home value of $440,000and the local effective property tax rate of 0.48%.

Disclaimer: Estimates are for informational purposes only. Actual tax liability depends on filing status, deductions, credits, and individual circumstances. Consult a licensed tax professional or your state revenue agency for binding tax guidance.

Reviewed by LevyIO Tax Research Team · Published 2026-01-15 · Last updated 2026-04-30

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 Thornton, CO?

Thornton, Colorado has a state income tax rate up to 4.4%. The property tax rate is 0.48% and the combined sales tax rate is 8.5%.

How much is property tax in Thornton?

The effective property tax rate in Thornton is 0.48%. On the median home price of $440,000, this equals approximately $2,112 per year or $176 per month. This is below the national average of 1.1%.

What is the sales tax rate in Thornton?

The combined sales tax rate in Thornton is 8.5%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Thornton's tax burden compare to other cities?

Thornton has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 27.4%. The combination of 4.4% state income tax, 0.48% property tax, and 8.5% sales tax determines the total burden. Cost of living index is 106.8 (100 = national average).

Are there any local taxes in Thornton?

Thornton 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).