Colorado vs Alaska Taxes: Income, Property & Sales

Does Colorado or Alaska have lower taxes? We answer that in a variety of ways below:

Colorado vs Alaska Income Tax Comparison

	Colorado	Alaska
Income Tax Rates & Thresholds	4.40%	None
Median Income	$89,930	$89,740
Income Tax Paid On Median Household Income	$16,055	$12,511
Income After Tax Based on Median Household Income	$73,875	$77,229

Top Accounting Software:

Colorado vs Alaska Property Tax Comparison

	Colorado	Alaska
Average Property Tax Rate	0.40%	0.97%
Average House Price By State	$555,300	$364,964
Average Property Tax Owed Per Year	$2,221	$3,540
Income After Income Taxes & Property Taxes Based On Median State Household Income	$71,654	$73,689

Colorado vs Alaska Sales Tax Comparison

	Colorado	Alaska
Average State Sales Tax	2.90%	0.00%
Average Local Sales Tax Across the State	4.87%	1.76%
Average Combined Sales Tax Rate	7.77%	1.76%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$5,166	$1,274
Maximum Disposable Income Based on Median Household Income	$66,488	$72,414

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Colorado	Alaska
Income Tax Owed	$4,271	$3,040
After Tax Income	$35,729	$36,960
Income After Income & Property Tax	$33,508	$33,420
Maximum Disposable Income After Income, Property & Sales Taxes	$31,092	$32,842

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Colorado	Alaska
Income Tax Owed	$8,109	$5,968
After Tax Income	$51,891	$54,032
Income After Income & Property Tax	$49,670	$50,492
Maximum Disposable Income After Income, Property & Sales Taxes	$46,089	$49,619

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Colorado	Alaska
Income Tax Owed	$13,419	$10,368
After Tax Income	$66,581	$69,632
Income After Income & Property Tax	$64,360	$66,092
Maximum Disposable Income After Income, Property & Sales Taxes	$59,720	$64,949

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Colorado	Alaska
Income Tax Owed	$18,729	$14,768
After Tax Income	$81,271	$85,232
Income After Income & Property Tax	$79,050	$81,692
Maximum Disposable Income After Income, Property & Sales Taxes	$73,350	$80,279

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Colorado	Alaska
Income Tax Owed	$11,852	$8,481
After Tax Income	$88,148	$91,519
Income After Income & Property Tax	$85,927	$87,979
Maximum Disposable Income After Income, Property & Sales Taxes	$79,732	$86,457

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Colorado	Alaska
Income Tax Owed	$24,182	$18,536
After Tax Income	$125,818	$131,464
Income After Income & Property Tax	$123,597	$127,924
Maximum Disposable Income After Income, Property & Sales Taxes	$114,686	$125,711

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Colorado	Alaska
Income Tax Owed	$37,457	$29,536
After Tax Income	$162,543	$170,464
Income After Income & Property Tax	$160,322	$166,924
Maximum Disposable Income After Income, Property & Sales Taxes	$148,763	$164,037

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Colorado	Alaska
Income Tax Owed	$51,651	$41,455
After Tax Income	$198,349	$208,545
Income After Income & Property Tax	$196,128	$205,005
Maximum Disposable Income After Income, Property & Sales Taxes	$181,987	$201,459

FAQ

Does Colorado or Alaska have lower income taxes?

Colorado’s income tax falls into the following range: 4.40%

Whereas Alaska’s income tax is the following None

Does Colorado or Alaska have lower property taxes?

Colorado has an average property tax rate of 0.40%

In comparison, Alaska has an average property tax rate of 0.97%

Does Colorado or Alaska have lower sales taxes?

Colorado has a state sales tax rate of 2.90% and an average local rate of 4.87% for a combined total rate of 7.77%.

In contrast, Alaska has a state sales tax rate of 0.00% and an average local rate of 1.76% for a combined total rate of 1.76%.

Do you get to keep more money in Colorado or Alaska?

Based on median household income after income, property and sales taxes Colorado gives you a maximum amount of disposable income of $66,488

In comparison, Alaska gives you $72,414.

More Comparisons:

Colorado vs Washington DC
Colorado vs Vermont
Colorado vs Wyoming
Minnesota vs South Carolina
Minnesota vs Alabama

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/