Colorado vs West Virginia Taxes: Income, Property & Sales

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

Colorado vs West Virginia Income Tax Comparison

	Colorado	West Virginia
Income Tax Rates & Thresholds	4.40%	3.00%: $0-$10,000 4.00%: $10,001-$25,000 4.50%: $25,001-$40,000 6.00%: $40,001-$60,000 6.50%: $60,001+
Median Income	$89,930	$52,460
Income Tax Paid On Median Household Income	$16,055	$6,738
Income After Tax Based on Median Household Income	$73,875	$45,722

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Colorado vs West Virginia Property Tax Comparison

	Colorado	West Virginia
Average Property Tax Rate	0.40%	0.47%
Average House Price By State	$555,300	$155,687
Average Property Tax Owed Per Year	$2,221	$732
Income After Income Taxes & Property Taxes Based On Median State Household Income	$71,654	$44,990

Colorado vs West Virginia Sales Tax Comparison

	Colorado	West Virginia
Average State Sales Tax	2.90%	6.00%
Average Local Sales Tax Across the State	4.87%	0.52%
Average Combined Sales Tax Rate	7.77%	6.52%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$5,166	$2,754
Maximum Disposable Income Based on Median Household Income	$66,488	$42,236

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

	Colorado	West Virginia
Income Tax Owed	$4,271	$4,525
After Tax Income	$35,729	$35,475
Income After Income & Property Tax	$33,508	$34,743
Maximum Disposable Income After Income, Property & Sales Taxes	$31,092	$32,617

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

	Colorado	West Virginia
Income Tax Owed	$8,109	$8,623
After Tax Income	$51,891	$51,377
Income After Income & Property Tax	$49,670	$50,645
Maximum Disposable Income After Income, Property & Sales Taxes	$46,089	$47,545

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

	Colorado	West Virginia
Income Tax Owed	$13,419	$8,623
After Tax Income	$66,581	$71,377
Income After Income & Property Tax	$64,360	$70,645
Maximum Disposable Income After Income, Property & Sales Taxes	$59,720	$66,321

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

	Colorado	West Virginia
Income Tax Owed	$18,729	$20,013
After Tax Income	$81,271	$79,987
Income After Income & Property Tax	$79,050	$79,255
Maximum Disposable Income After Income, Property & Sales Taxes	$73,350	$74,404

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

	Colorado	West Virginia
Income Tax Owed	$11,852	$13,596
After Tax Income	$88,148	$86,404
Income After Income & Property Tax	$85,927	$85,672
Maximum Disposable Income After Income, Property & Sales Taxes	$79,732	$80,428

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

	Colorado	West Virginia
Income Tax Owed	$24,182	$26,901
After Tax Income	$125,818	$123,099
Income After Income & Property Tax	$123,597	$122,367
Maximum Disposable Income After Income, Property & Sales Taxes	$114,686	$114,877

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

	Colorado	West Virginia
Income Tax Owed	$37,457	$41,151
After Tax Income	$162,543	$158,849
Income After Income & Property Tax	$160,322	$158,117
Maximum Disposable Income After Income, Property & Sales Taxes	$148,763	$148,439

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

	Colorado	West Virginia
Income Tax Owed	$51,651	$56,320
After Tax Income	$198,349	$193,680
Income After Income & Property Tax	$196,128	$192,948
Maximum Disposable Income After Income, Property & Sales Taxes	$181,987	$181,138

FAQ

Does Colorado or West Virginia have lower income taxes?

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

Whereas West Virginia’s income tax is the following

• 3.00%: $0-$10,000
• 4.00%: $10,001-$25,000
• 4.50%: $25,001-$40,000
• 6.00%: $40,001-$60,000
• 6.50%: $60,001+

Does Colorado or West Virginia have lower property taxes?

Colorado has an average property tax rate of 0.40%

In comparison, West Virginia has an average property tax rate of 0.47%

Does Colorado or West Virginia 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, West Virginia has a state sales tax rate of 6.00% and an average local rate of 0.52% for a combined total rate of 6.52%.

Do you get to keep more money in Colorado or West Virginia?

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, West Virginia gives you $42,236.

More Comparisons:

Colorado vs Hawaii
Colorado vs New Hampshire
Colorado vs Maine
Colorado vs Montana
Colorado vs Rhode Island

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/