The typical Coloradan is taxed at a rate of 0.60% for property, a maximum of 4.63% for income and up to 2.90% for sales. Compared to the national averages Colorado earns a score of good 👍 for property taxes, good 👍 for income taxes and poor 👎 for combined local and state sales tax. Quick links to regions of Colorado with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Colorado
Colorado has approximately 5,530,105 residents. A common term for people in Colorado is "Coloradoan". Within this population there are around 67,638 births and 37,427 deaths per year. Approximately 71.9% of this population speaks English exclusively. Conversely, 0.7% of this population has no verbal English skill. On average, real estate listings in Colorado are on the market for 57 days. The Market Health Index for Colorado is 10.00. Colorado has one of the top ten largest income disparities between the wealthiest and poorest counties. Douglas is the wealthiest of all counties in Colorado. The least wealthy of all counties in Colorado is Costilla.
Daily state facts: Colorado is one of the top five safest states from natural disasters.
According to the Bureau of Labor Statistics, Colorado employment in October 2023 was 3,247,032, unemployment was 105,931 or 3.3% of total jobs.