Colorado vs Delaware Taxes: Income, Property & Sales

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

Colorado vs Delaware Income Tax Comparison

	Colorado	Delaware
Income Tax Rates & Thresholds	4.40%	2.20%: $2,000-$,5000 3.90%: $5,001-$10,000 4.80%: $10,001-$20,000 5.20%: $20,001-$25,000 5.55%: $25,001-$60,000 6.60%: $60,001+
Median Income	$89,930	$80,750
Income Tax Paid On Median Household Income	$16,055	$14,624
Income After Tax Based on Median Household Income	$73,875	$66,126

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Colorado vs Delaware Property Tax Comparison

	Colorado	Delaware
Average Property Tax Rate	0.40%	0.48%
Average House Price By State	$555,300	$367,443
Average Property Tax Owed Per Year	$2,221	$1,764
Income After Income Taxes & Property Taxes Based On Median State Household Income	$71,654	$64,362

Colorado vs Delaware Sales Tax Comparison

	Colorado	Delaware
Average State Sales Tax	2.90%	0.00%
Average Local Sales Tax Across the State	4.87%	0.00%
Average Combined Sales Tax Rate	7.77%	0.00%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$5,166	$0
Maximum Disposable Income Based on Median Household Income	$66,488	$64,362

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

	Colorado	Delaware
Income Tax Owed	$4,271	$4,687
After Tax Income	$35,729	$35,313
Income After Income & Property Tax	$33,508	$33,549
Maximum Disposable Income After Income, Property & Sales Taxes	$31,092	$33,549

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

	Colorado	Delaware
Income Tax Owed	$8,109	$8,725
After Tax Income	$51,891	$51,275
Income After Income & Property Tax	$49,670	$49,511
Maximum Disposable Income After Income, Property & Sales Taxes	$46,089	$49,511

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

	Colorado	Delaware
Income Tax Owed	$13,419	$14,410
After Tax Income	$66,581	$65,590
Income After Income & Property Tax	$64,360	$63,826
Maximum Disposable Income After Income, Property & Sales Taxes	$59,720	$63,826

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

	Colorado	Delaware
Income Tax Owed	$18,729	$20,130
After Tax Income	$81,271	$79,870
Income After Income & Property Tax	$79,050	$78,106
Maximum Disposable Income After Income, Property & Sales Taxes	$73,350	$78,106

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

	Colorado	Delaware
Income Tax Owed	$11,852	$13,621
After Tax Income	$88,148	$86,379
Income After Income & Property Tax	$85,927	$84,615
Maximum Disposable Income After Income, Property & Sales Taxes	$79,732	$84,615

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

	Colorado	Delaware
Income Tax Owed	$24,182	$26,976
After Tax Income	$125,818	$123,024
Income After Income & Property Tax	$123,597	$121,260
Maximum Disposable Income After Income, Property & Sales Taxes	$114,686	$121,260

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

	Colorado	Delaware
Income Tax Owed	$37,457	$41,276
After Tax Income	$162,543	$158,724
Income After Income & Property Tax	$160,322	$156,960
Maximum Disposable Income After Income, Property & Sales Taxes	$148,763	$156,960

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

	Colorado	Delaware
Income Tax Owed	$51,651	$56,495
After Tax Income	$198,349	$193,505
Income After Income & Property Tax	$196,128	$191,741
Maximum Disposable Income After Income, Property & Sales Taxes	$181,987	$191,741

FAQ

Does Colorado or Delaware have lower income taxes?

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

Whereas Delaware’s income tax is the following

• 2.20%: $2,000-$,5000
• 3.90%: $5,001-$10,000
• 4.80%: $10,001-$20,000
• 5.20%: $20,001-$25,000
• 5.55%: $25,001-$60,000
• 6.60%: $60,001+

Does Colorado or Delaware have lower property taxes?

Colorado has an average property tax rate of 0.40%

In comparison, Delaware has an average property tax rate of 0.48%

Does Colorado or Delaware 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, Delaware has a state sales tax rate of 0.00% and an average local rate of 0.00% for a combined total rate of 0.00%.

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

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, Delaware gives you $64,362.

More Comparisons:

Colorado vs South Dakota
Colorado vs North Dakota
Colorado vs Alaska
Colorado vs Washington DC
Colorado vs Vermont

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/