Colorado Paycheck Calculator 2026

2026

Calculate your take-home pay in Colorado. Colorado has a flat income tax system. Based on current CO and federal tax rates.

Pay Type
$

Net Pay (Bi-Weekly)

$2,368.94

Annual Take-Home

$61,592.50

Total Tax (Annual)

$13,407.50

Paycheck Breakdown (Bi-Weekly)

Gross Pay$2,884.62
Federal Income Tax- $295.00
Social Security (6.2%)- $178.85
Medicare (1.45%)- $41.83
Net Pay$2,368.94

Annual Summary

Gross Annual Income$75,000.00
Federal Income Tax- $7,670.00
FICA (SS + Medicare)- $5,737.50
Total Deductions & Tax- $13,407.50
Annual Take-Home Pay$61,592.50
Monthly Take-Home$5,132.71

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Colorado Tax Overview

Colorado has a flat income tax rate of 4.40% for 2025, up from 4.25% in 2024. The state uses federal taxable income as the starting point for calculating state taxes, so the federal standard deduction applies.

Colorado FAMLI (Family and Medical Leave Insurance) provides up to 12 weeks of paid leave. Premiums are 0.9% of wages, split evenly between employer and employee (0.45% each). Employers with 9 or fewer employees only collect the employee portion.

Colorado has one of the lowest average effective property tax rates in the nation at approximately 0.50%. The state sales tax of 2.9% is the base rate, but local taxes can bring combined rates above 10% in some areas.

Colorado's minimum wage of $14.81/hr is adjusted annually for inflation. Tipped employees must be paid at least $11.79/hr. Denver has its own higher minimum wage of $18.81/hr for 2025.

Colorado has no estate tax or inheritance tax. The state's flat tax rate structure has decreased over time through voter-approved ballot measures (Proposition 121 reduced the rate from 4.55% to 4.40%).

Colorado Key Rates & Limits (2026)

State Income Tax 0.044% (flat)
State Sales Tax 0.029%
Avg. Property Tax Rate 0.005%
Minimum Wage $14.81/hr
State Disability Insurance (SDI) No
Paid Family Leave Yes