Colorado has a flat income tax rate of 4.4%, the 16th highest combined sales tax (7.89%) and a $15.16 minimum wage as of 2026.
$7,900 a year: that is roughly what a Colorado homeowner earning $75,000 pays in state income tax ($2,592), sales tax on $25,000 of purchases ($1,972), property tax on a $300,000 house ($1,500) and electricity at 900 kWh a month ($1,836).
Colorado uses a single flat rate. Single filers' standard deduction: $16,100. On $50,000 of wages, a single filer's Colorado tax works out to about $1,492 (3.0% of wages); on $100,000 it is about $3,692 (3.7%). Source: Tax Foundation, January 1, 2026.
| Rate | Single filers | Married filing jointly |
|---|---|---|
| 4.4% | over $0 | over $0 |
Estimated 2026 take-home pay for a single filer with no pre-tax deductions, using the federal brackets and $16,100 standard deduction, Social Security and Medicare, and Colorado's brackets above. Open the paycheck calculator set to Colorado to add a 401(k), change pay frequency or filing status.
| Salary | Federal tax | FICA | State tax | Take-home (year) | Per biweekly check |
|---|---|---|---|---|---|
| $50,000 | $3,820 | $3,825 | $1,492 | $40,863 | $1,572 |
| $75,000 | $7,670 | $5,738 | $2,592 | $59,001 | $2,269 |
| $100,000 | $13,170 | $7,650 | $3,692 | $75,488 | $2,903 |
The state rate is 2.90% and local governments add 4.99% on average, for a combined 7.89%, 16th highest of the 50 states and D.C. (median 7.00%). A $1,000 purchase carries about $79 in sales tax at the average combined rate. Source: Tax Foundation, July 1, 2026.
The Colorado minimum wage is $15.16 an hour, 10th highest in the country, or $31,533 a year for full-time work, $16,453 more than the federal $7.25. Source: U.S. Department of Labor, July 1, 2026.
Homeowners in Colorado paid property taxes equal to 0.50% of home value on average, the 8th lowest effective rate (median state 0.79%). On a $300,000 home that is about $1,500 a year, or $125 a month in escrow. Source: Tax Foundation (Census ACS data), 2024 data.
Residential electricity averaged 17.00¢ per kWh in July 2026, the 22nd highest of the 50 states and D.C. (median 16.09¢). A household using 900 kWh a month would pay about $153 before fixed charges. Source: U.S. EIA, July 2026 data.
Among the 7 states it borders, Colorado has the highest minimum wage of its neighbors ($15.16) and the highest electricity price of its neighbors (17.00¢).
| State | Top income tax | Sales tax | Min. wage | Property tax | Electricity |
|---|---|---|---|---|---|
| Colorado | 4.4% | 7.89% | $15.16 | 0.50% | 17.00¢ |
| Arizona | 2.5% | 8.54% | $15.15 | 0.48% | 15.38¢ |
| Kansas | 5.58% | 8.71% | $7.25 | 1.21% | 15.27¢ |
| Nebraska | 4.55% | 6.98% | $15.00 | 1.44% | 13.78¢ |
| New Mexico | 5.9% | 7.68% | $12.00 | 0.63% | 16.09¢ |
| Oklahoma | 4.5% | 9.06% | $7.25 | 0.79% | 14.35¢ |
| Utah | 4.5% | 7.42% | $7.25 | 0.48% | 13.12¢ |
| Wyoming | None | 5.39% | $7.25 | 0.53% | 14.36¢ |
Colorado figures use statewide averages and skip credits, exemptions and local income taxes; check Colorado revenue and labor department sites before filing or hiring.