Colorado Salary After Tax Calculator
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Wage Comparison in Colorado
Compare Your Colorado Salary
Colorado offers competitive salaries, especially in Denver and Boulder, with a growing tech sector and outdoor lifestyle benefits that attract talent from across the nation.
- • Compare by Denver, Boulder, and Colorado Springs
- • Factor in Colorado’s moderate cost of living
- • Consider tech, aerospace, and energy sectors
Colorado Salary Factors
Denver Metro: Tech hub, higher salaries
Boulder: University town, startup ecosystem
Colorado Springs: Military and aerospace focus
Quality of life premium attracts talent
Average Salary in Colorado
Colorado Industry Averages
Colorado’s economy is driven by technology, aerospace, energy, and tourism. The state offers competitive salaries with the added benefit of outdoor recreation and quality of life.
Technology
$105,000
Average annual salary
Aerospace
$92,000
Average annual salary
Healthcare
$78,000
Average annual salary
Energy
$85,000
Average annual salary
Colorado Salary Factors
- • Growing tech corridor
- • Aerospace industry presence
- • Energy sector opportunities
- • Outdoor lifestyle benefits
- • Educated workforce
- • Business-friendly environment
Colorado Minimum Wage
Colorado State Minimum Wage
Colorado has a state minimum wage that is significantly higher than the federal minimum wage, with annual adjustments based on cost of living increases.
Colorado Minimum Wage
$14.42
per hour (2025)
Annual Full-Time
$29,994
40 hours/week, 52 weeks
Colorado vs Other States
Note: Colorado’s minimum wage is adjusted annually for cost of living increases.
Colorado Tax Information
Understanding Colorado Taxes
Colorado has a flat state income tax rate, making it relatively simple compared to progressive tax states. The state is considered tax-friendly for residents.
Federal Income Tax
Progressive rates from 10% to 37% based on income
Colorado State Income Tax
Flat rate of 4.4% on all income levels
Social Security Tax
6.2% on income up to $168,600 (2025 limit)
Medicare Tax
1.45% on all income, plus 0.9% on income over $200,000
Colorado Tax Structure
State Income Tax
- • Flat rate: 4.4% on all income
- • Standard deduction available
- • No additional local income taxes
- • Relatively simple tax structure
Sales Tax
Colorado has a state sales tax of 2.9%, with local taxes that can bring the total to around 8-10% in most areas.
Tax-Friendly Features
Colorado offers various tax credits and deductions, including retirement income exclusions for seniors.
Important Note
This calculator provides estimates. Consult a tax professional for personalized advice and accurate calculations.