Does Colorado or Washington DC have lower taxes? We answer that in a variety of ways below:
Colorado vs Washington DC Income Tax Comparison
Colorado | Washington DC | |
Income Tax Rates & Thresholds | 4.40% |
|
Median Income | $89,930 | $101,700 |
Income Tax Paid On Median Household Income | $16,055 | $21,086 |
Income After Tax Based on Median Household Income | $73,875 | $80,614 |
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Colorado vs Washington DC Property Tax Comparison
Colorado | Washington DC | |
Average Property Tax Rate | 0.40% | 0.57% |
Average House Price By State | $555,300 | $728,227 |
Average Property Tax Owed Per Year | $2,221 | $4,151 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $71,654 | $76,463 |
Colorado vs Washington DC Sales Tax Comparison
Colorado | Washington DC | |
Average State Sales Tax | 2.90% | 6.00% |
Average Local Sales Tax Across the State | 4.87% | 0.00% |
Average Combined Sales Tax Rate | 7.77% | 6.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $5,166 | $4,328 |
Maximum Disposable Income Based on Median Household Income | $66,488 | $72,135 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Colorado | Washington DC | |
Income Tax Owed | $4,271 | $4,463 |
After Tax Income | $35,729 | $35,537 |
Income After Income & Property Tax | $33,508 | $31,386 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,092 | $29,610 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Colorado | Washington DC | |
Income Tax Owed | $8,109 | $8,626 |
After Tax Income | $51,891 | $51,374 |
Income After Income & Property Tax | $49,670 | $47,223 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,089 | $44,550 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Colorado | Washington DC | |
Income Tax Owed | $13,419 | $14,467 |
After Tax Income | $66,581 | $65,533 |
Income After Income & Property Tax | $64,360 | $61,382 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,720 | $57,908 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Colorado | Washington DC | |
Income Tax Owed | $18,729 | $20,567 |
After Tax Income | $81,271 | $79,433 |
Income After Income & Property Tax | $79,050 | $75,282 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,350 | $71,021 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Colorado | Washington DC | |
Income Tax Owed | $11,852 | $13,179 |
After Tax Income | $88,148 | $86,821 |
Income After Income & Property Tax | $85,927 | $82,670 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,732 | $77,991 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Colorado | Washington DC | |
Income Tax Owed | $24,182 | $27,484 |
After Tax Income | $125,818 | $122,516 |
Income After Income & Property Tax | $123,597 | $118,365 |
Maximum Disposable Income After Income, Property & Sales Taxes | $114,686 | $111,665 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Colorado | Washington DC | |
Income Tax Owed | $37,457 | $42,734 |
After Tax Income | $162,543 | $157,266 |
Income After Income & Property Tax | $160,322 | $153,115 |
Maximum Disposable Income After Income, Property & Sales Taxes | $148,763 | $144,448 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Colorado | Washington DC | |
Income Tax Owed | $51,651 | $58,903 |
After Tax Income | $198,349 | $191,097 |
Income After Income & Property Tax | $196,128 | $186,946 |
Maximum Disposable Income After Income, Property & Sales Taxes | $181,987 | $176,364 |
FAQ
Does Colorado or Washington DC have lower income taxes?
Colorado’s income tax falls into the following range: 4.40%
Whereas Washington DC’s income tax is the following
- 4.00%: $0-$10,000
- 6.00%: $10,001-$40,000
- 6.50%: $40,001-$60,000
- 8.50%: $60,001-$250,000
- 9.25%: $250,001-$500,000
- 9.75%: $500,001-$1,000,000
- 10.75%: $,1000,001+
Does Colorado or Washington DC have lower property taxes?
Colorado has an average property tax rate of 0.40%
In comparison, Washington DC has an average property tax rate of 0.57%
Does Colorado or Washington DC 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, Washington DC has a state sales tax rate of 6.00% and an average local rate of 0.00% for a combined total rate of 6.00%.
Do you get to keep more money in Colorado or Washington DC?
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, Washington DC gives you $72,135.
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