How Denver, Colorado Income Tax & Salary Deductions Work
Denver, the Mile High City, has emerged as one of America's fastest-growing tech and outdoor lifestyle hubs. With a moderate state tax rate and a cost of living below coastal cities, Denver offers an attractive balance of career opportunity and quality of life.
Did you know? Denver has 300 days of sunshine per year β more than San Diego or Miami. The city's craft beer scene is legendary, with over 70 breweries within city limits, more per capita than any other US city.
The median household income in Denver is approximately $78,000, with strong employment in technology, aerospace, energy, healthcare, outdoor recreation industries, and federal government.
Understanding Your Denver, Colorado Paycheck Deductions
When you receive your paycheck in Denver, Colorado, several deductions are automatically taken out. These include federal income tax, state income tax, local taxes, Social Security, and Medicare. Our calculator breaks down each of these components so you can see exactly where your money goes.
Denver, Colorado Federal & State Tax Rates 2026
The tax rates in Denver, Colorado are determined by multiple factors including your income level, filing status, and location. Federal taxes apply to all US residents, while state and local taxes vary significantly by location. Use our calculator above to see your personalized tax breakdown.
Where Your Money Goes in Denver, Colorado
Net Pay
$57,202
Federal Tax
$8,761
Social Security
$4,650
Medicare
$1,088
State Tax
$3,300
| Tax Type | Rate | Amount |
|---|---|---|
| Federal Tax | 11.68% | $8,761 |
| Social Security | 6.20% | $4,650 |
| Medicare | 1.45% | $1,088 |
| State Tax | 4.40% | $3,300 |
| Total Tax | 23.73% | $17,798 |
Frequently Asked Questions
On a salary of $75,000 in Denver, Colorado, you would pay approximately $17,798 in total taxes, which represents an effective tax rate of 23.73%. This includes all applicable federal, state, and local taxes, as well as social insurance contributions.
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