Colorado vs Nebraska Taxes: Income, Property & Sales

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

Colorado vs Nebraska Income Tax Comparison

	Colorado	Nebraska
Income Tax Rates & Thresholds	4.40%	2.46%: $0-$3,440 3.51%: $3,440-$20,590 5.01%: $20,590-$33,180 6.84%: $33,181+
Median Income	$89,930	$78,360
Income Tax Paid On Median Household Income	$16,055	$13,912
Income After Tax Based on Median Household Income	$73,875	$64,448

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Colorado vs Nebraska Property Tax Comparison

	Colorado	Nebraska
Average Property Tax Rate	0.40%	1.36%
Average House Price By State	$555,300	$255,447
Average Property Tax Owed Per Year	$2,221	$3,474
Income After Income Taxes & Property Taxes Based On Median State Household Income	$71,654	$60,974

Colorado vs Nebraska Sales Tax Comparison

	Colorado	Nebraska
Average State Sales Tax	2.90%	5.50%
Average Local Sales Tax Across the State	4.87%	1.44%
Average Combined Sales Tax Rate	7.77%	6.94%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$5,166	$3,957
Maximum Disposable Income Based on Median Household Income	$66,488	$57,017

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

	Colorado	Nebraska
Income Tax Owed	$4,271	$4,331
After Tax Income	$35,729	$35,669
Income After Income & Property Tax	$33,508	$32,195
Maximum Disposable Income After Income, Property & Sales Taxes	$31,092	$30,106

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

	Colorado	Nebraska
Income Tax Owed	$8,109	$8,617
After Tax Income	$51,891	$51,383
Income After Income & Property Tax	$49,670	$47,909
Maximum Disposable Income After Income, Property & Sales Taxes	$46,089	$44,800

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

	Colorado	Nebraska
Income Tax Owed	$13,419	$14,385
After Tax Income	$66,581	$65,615
Income After Income & Property Tax	$64,360	$62,141
Maximum Disposable Income After Income, Property & Sales Taxes	$59,720	$58,108

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

	Colorado	Nebraska
Income Tax Owed	$18,729	$20,153
After Tax Income	$81,271	$79,847
Income After Income & Property Tax	$79,050	$76,373
Maximum Disposable Income After Income, Property & Sales Taxes	$73,350	$71,417

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

	Colorado	Nebraska
Income Tax Owed	$11,852	$12,445
After Tax Income	$88,148	$87,555
Income After Income & Property Tax	$85,927	$84,081
Maximum Disposable Income After Income, Property & Sales Taxes	$79,732	$78,624

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

	Colorado	Nebraska
Income Tax Owed	$24,182	$25,920
After Tax Income	$125,818	$124,080
Income After Income & Property Tax	$123,597	$120,606
Maximum Disposable Income After Income, Property & Sales Taxes	$114,686	$112,779

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

	Colorado	Nebraska
Income Tax Owed	$37,457	$40,340
After Tax Income	$162,543	$159,660
Income After Income & Property Tax	$160,322	$156,186
Maximum Disposable Income After Income, Property & Sales Taxes	$148,763	$146,050

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

	Colorado	Nebraska
Income Tax Owed	$51,651	$55,679
After Tax Income	$198,349	$194,321
Income After Income & Property Tax	$196,128	$190,847
Maximum Disposable Income After Income, Property & Sales Taxes	$181,987	$178,462

FAQ

Does Colorado or Nebraska have lower income taxes?

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

Whereas Nebraska’s income tax is the following

• 2.46%: $0-$3,440
• 3.51%: $3,440-$20,590
• 5.01%: $20,590-$33,180
• 6.84%: $33,181+

Does Colorado or Nebraska have lower property taxes?

Colorado has an average property tax rate of 0.40%

In comparison, Nebraska has an average property tax rate of 1.36%

Does Colorado or Nebraska 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, Nebraska has a state sales tax rate of 5.50% and an average local rate of 1.44% for a combined total rate of 6.94%.

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

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, Nebraska gives you $57,017.

More Comparisons:

Colorado vs Idaho
Colorado vs West Virginia
Colorado vs Hawaii
Colorado vs New Hampshire
Colorado vs Maine

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/