Colorado vs Utah Taxes: Income, Property & Sales

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

Colorado vs Utah Income Tax Comparison

	Colorado	Utah
Income Tax Rates & Thresholds	4.40%	4.85%
Median Income	$89,930	$95,800
Income Tax Paid On Median Household Income	$16,055	$18,547
Income After Tax Based on Median Household Income	$73,875	$77,253

Top Accounting Software:

Colorado vs Utah Property Tax Comparison

	Colorado	Utah
Average Property Tax Rate	0.40%	0.44%
Average House Price By State	$555,300	$522,488
Average Property Tax Owed Per Year	$2,221	$2,299
Income After Income Taxes & Property Taxes Based On Median State Household Income	$71,654	$74,954

Colorado vs Utah Sales Tax Comparison

	Colorado	Utah
Average State Sales Tax	2.90%	6.10%
Average Local Sales Tax Across the State	4.87%	1.09%
Average Combined Sales Tax Rate	7.77%	7.19%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$5,166	$5,028
Maximum Disposable Income Based on Median Household Income	$66,488	$69,926

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

	Colorado	Utah
Income Tax Owed	$4,271	$4,982
After Tax Income	$35,729	$35,018
Income After Income & Property Tax	$33,508	$32,719
Maximum Disposable Income After Income, Property & Sales Taxes	$31,092	$30,524

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

	Colorado	Utah
Income Tax Owed	$8,109	$8,899
After Tax Income	$51,891	$51,101
Income After Income & Property Tax	$49,670	$48,802
Maximum Disposable Income After Income, Property & Sales Taxes	$46,089	$45,529

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

	Colorado	Utah
Income Tax Owed	$13,419	$14,289
After Tax Income	$66,581	$65,711
Income After Income & Property Tax	$64,360	$63,412
Maximum Disposable Income After Income, Property & Sales Taxes	$59,720	$59,159

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

	Colorado	Utah
Income Tax Owed	$18,729	$19,679
After Tax Income	$81,271	$80,321
Income After Income & Property Tax	$79,050	$78,022
Maximum Disposable Income After Income, Property & Sales Taxes	$73,350	$72,789

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

	Colorado	Utah
Income Tax Owed	$11,852	$13,354
After Tax Income	$88,148	$86,646
Income After Income & Property Tax	$85,927	$84,347
Maximum Disposable Income After Income, Property & Sales Taxes	$79,732	$78,689

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

	Colorado	Utah
Income Tax Owed	$24,182	$25,884
After Tax Income	$125,818	$124,116
Income After Income & Property Tax	$123,597	$121,817
Maximum Disposable Income After Income, Property & Sales Taxes	$114,686	$113,646

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

	Colorado	Utah
Income Tax Owed	$37,457	$39,359
After Tax Income	$162,543	$160,641
Income After Income & Property Tax	$160,322	$158,342
Maximum Disposable Income After Income, Property & Sales Taxes	$148,763	$147,721

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

	Colorado	Utah
Income Tax Owed	$51,651	$53,753
After Tax Income	$198,349	$196,247
Income After Income & Property Tax	$196,128	$193,948
Maximum Disposable Income After Income, Property & Sales Taxes	$181,987	$180,939

FAQ

Does Colorado or Utah have lower income taxes?

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

Whereas Utah’s income tax is the following 4.85%

Does Colorado or Utah have lower property taxes?

Colorado has an average property tax rate of 0.40%

In comparison, Utah has an average property tax rate of 0.44%

Does Colorado or Utah 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, Utah has a state sales tax rate of 6.10% and an average local rate of 1.09% for a combined total rate of 7.19%.

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

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, Utah gives you $69,926.

More Comparisons:

Colorado vs Iowa
Colorado vs Nevada
Colorado vs Arkansas
Colorado vs Mississippi
Colorado vs Kansas

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/