Colorado vs Louisiana Taxes: Income, Property & Sales

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

Colorado vs Louisiana Income Tax Comparison

	Colorado	Louisiana
Income Tax Rates & Thresholds	4.40%	1.85%: $0-$12,500 3.50%: $12,501-$50,000 4.25%: $50,001+
Median Income	$89,930	$58,330
Income Tax Paid On Median Household Income	$16,055	$7,307
Income After Tax Based on Median Household Income	$73,875	$51,023

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Colorado vs Louisiana Property Tax Comparison

	Colorado	Louisiana
Average Property Tax Rate	0.40%	0.53%
Average House Price By State	$555,300	$200,947
Average Property Tax Owed Per Year	$2,221	$1,065
Income After Income Taxes & Property Taxes Based On Median State Household Income	$71,654	$49,958

Colorado vs Louisiana Sales Tax Comparison

	Colorado	Louisiana
Average State Sales Tax	2.90%	4.45%
Average Local Sales Tax Across the State	4.87%	5.10%
Average Combined Sales Tax Rate	7.77%	9.55%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$5,166	$4,355
Maximum Disposable Income Based on Median Household Income	$66,488	$45,603

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

	Colorado	Louisiana
Income Tax Owed	$4,271	$4,077
After Tax Income	$35,729	$35,923
Income After Income & Property Tax	$33,508	$34,858
Maximum Disposable Income After Income, Property & Sales Taxes	$31,092	$31,819

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

	Colorado	Louisiana
Income Tax Owed	$8,109	$7,745
After Tax Income	$51,891	$52,255
Income After Income & Property Tax	$49,670	$51,190
Maximum Disposable Income After Income, Property & Sales Taxes	$46,089	$46,728

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

	Colorado	Louisiana
Income Tax Owed	$13,419	$12,995
After Tax Income	$66,581	$67,005
Income After Income & Property Tax	$64,360	$65,940
Maximum Disposable Income After Income, Property & Sales Taxes	$59,720	$60,192

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

	Colorado	Louisiana
Income Tax Owed	$18,729	$18,245
After Tax Income	$81,271	$81,755
Income After Income & Property Tax	$79,050	$80,690
Maximum Disposable Income After Income, Property & Sales Taxes	$73,350	$73,656

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

	Colorado	Louisiana
Income Tax Owed	$11,852	$11,253
After Tax Income	$88,148	$88,747
Income After Income & Property Tax	$85,927	$87,682
Maximum Disposable Income After Income, Property & Sales Taxes	$79,732	$80,038

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

	Colorado	Louisiana
Income Tax Owed	$24,182	$23,366
After Tax Income	$125,818	$126,634
Income After Income & Property Tax	$123,597	$125,569
Maximum Disposable Income After Income, Property & Sales Taxes	$114,686	$114,623

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

	Colorado	Louisiana
Income Tax Owed	$37,457	$36,491
After Tax Income	$162,543	$163,509
Income After Income & Property Tax	$160,322	$162,444
Maximum Disposable Income After Income, Property & Sales Taxes	$148,763	$148,283

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

	Colorado	Louisiana
Income Tax Owed	$51,651	$50,535
After Tax Income	$198,349	$199,465
Income After Income & Property Tax	$196,128	$198,400
Maximum Disposable Income After Income, Property & Sales Taxes	$181,987	$181,105

FAQ

Does Colorado or Louisiana have lower income taxes?

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

Whereas Louisiana’s income tax is the following

• 1.85%: $0-$12,500
• 3.50%: $12,501-$50,000
• 4.25%: $50,001+

Does Colorado or Louisiana have lower property taxes?

Colorado has an average property tax rate of 0.40%

In comparison, Louisiana has an average property tax rate of 0.53%

Does Colorado or Louisiana 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, Louisiana has a state sales tax rate of 4.45% and an average local rate of 5.10% for a combined total rate of 9.55%.

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

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, Louisiana gives you $45,603.

More Comparisons:

Colorado vs Kentucky
Colorado vs Oregon
Colorado vs Oklahoma
Colorado vs Connecticut
Colorado vs Utah

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/