Colorado (CO) Tax Rates — 2026
Income Tax
4.4%
Sales Tax
7.79%
Property Tax
0.49%
Income Tax
Type: Flat rate — 4.4% on all taxable income
Standard Deduction: Single: $14,600 | Married Filing Jointly: $29,200
Sales Tax
State Rate2.9%
Avg Local Rate4.89%
Combined Rate7.79%
Groceries: Exempt
+1.22% vs national avg
Property Tax
Effective Rate0.49%
Median Annual Tax$2,017
-0.58% vs national avg (1.07%)
Retirement Income Tax
Social SecurityNO
PensionsPARTIAL
401(k) / IRAYES
Estate & Inheritance Tax
Has Estate Tax: NO
Corporate Tax
Corporate Income Tax Rate: 4.4%
Additional Notes
Colorado uses a flat income tax rate of 4.4%. Taxpayers age 55-64 can exclude up to $20,000 of retirement income; age 65+ can exclude up to $24,000.
Compare with another state:
Sources: Colorado Department of Revenue; Tax Foundation, Facts & Figures 2025; IRS Publication 17.