Ohio vs Colorado Taxes: Income, Property & Sales

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

Ohio vs Colorado Income Tax Comparison

	Ohio	Colorado
Income Tax Rates & Thresholds	2.77%: $26,050-$46,100 3.23%: $46,101-$92,150 3.69%: $92,151-$115,300 3.99%: $115,301+	4.40%
Median Income	$67,520	$89,930
Income Tax Paid On Median Household Income	$8,830	$16,055
Income After Tax Based on Median Household Income	$58,690	$73,875

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Ohio vs Colorado Property Tax Comparison

	Ohio	Colorado
Average Property Tax Rate	1.27%	0.40%
Average House Price By State	$220,542	$555,300
Average Property Tax Owed Per Year	$2,801	$2,221
Income After Income Taxes & Property Taxes Based On Median State Household Income	$55,889	$71,654

Ohio vs Colorado Sales Tax Comparison

	Ohio	Colorado
Average State Sales Tax	5.75%	2.90%
Average Local Sales Tax Across the State	1.47%	4.87%
Average Combined Sales Tax Rate	7.22%	7.77%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,763	$5,166
Maximum Disposable Income Based on Median Household Income	$52,126	$66,488

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

	Ohio	Colorado
Income Tax Owed	$3,389	$4,271
After Tax Income	$36,611	$35,729
Income After Income & Property Tax	$33,810	$33,508
Maximum Disposable Income After Income, Property & Sales Taxes	$31,533	$31,092

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

	Ohio	Colorado
Income Tax Owed	$6,932	$8,109
After Tax Income	$53,068	$51,891
Income After Income & Property Tax	$50,267	$49,670
Maximum Disposable Income After Income, Property & Sales Taxes	$46,882	$46,089

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

	Ohio	Colorado
Income Tax Owed	$11,978	$13,419
After Tax Income	$68,022	$66,581
Income After Income & Property Tax	$65,221	$64,360
Maximum Disposable Income After Income, Property & Sales Taxes	$60,829	$59,720

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

	Ohio	Colorado
Income Tax Owed	$17,066	$18,729
After Tax Income	$82,934	$81,271
Income After Income & Property Tax	$80,133	$79,050
Maximum Disposable Income After Income, Property & Sales Taxes	$74,737	$73,350

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

	Ohio	Colorado
Income Tax Owed	$10,691	$11,852
After Tax Income	$89,309	$88,148
Income After Income & Property Tax	$86,508	$85,927
Maximum Disposable Income After Income, Property & Sales Taxes	$80,683	$79,732

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

	Ohio	Colorado
Income Tax Owed	$22,694	$24,182
After Tax Income	$127,306	$125,818
Income After Income & Property Tax	$124,505	$123,597
Maximum Disposable Income After Income, Property & Sales Taxes	$116,121	$114,686

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

	Ohio	Colorado
Income Tax Owed	$35,689	$37,457
After Tax Income	$164,311	$162,543
Income After Income & Property Tax	$161,510	$160,322
Maximum Disposable Income After Income, Property & Sales Taxes	$150,634	$148,763

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

	Ohio	Colorado
Income Tax Owed	$49,603	$51,651
After Tax Income	$200,397	$198,349
Income After Income & Property Tax	$197,596	$196,128
Maximum Disposable Income After Income, Property & Sales Taxes	$184,290	$181,987

FAQ

Does Ohio or Colorado have lower income taxes?

Ohio’s income tax falls into the following range:

• 2.77%: $26,050-$46,100
• 3.23%: $46,101-$92,150
• 3.69%: $92,151-$115,300
• 3.99%: $115,301+

Whereas Colorado’s income tax is the following 4.40%

Does Ohio or Colorado have lower property taxes?

Ohio has an average property tax rate of 1.27%

In comparison, Colorado has an average property tax rate of 0.40%

Does Ohio or Colorado have lower sales taxes?

Ohio has a state sales tax rate of 5.75% and an average local rate of 1.47% for a combined total rate of 7.22%.

In contrast, 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%.

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

Based on median household income after income, property and sales taxes Ohio gives you a maximum amount of disposable income of $52,126

In comparison, Colorado gives you $66,488.

More Comparisons:

Ohio vs Minnesota
Ohio vs South Carolina
Ohio vs Alabama
Ohio vs Louisiana
Ohio vs Kentucky

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/