Do you know Colorado's income tax rate? Not many do

State tax percentage in Colorado

COLORADO SPRINGS, Colo. - Do you know exactly how much you are paying in state income taxes? Not many people in Colorado Springs do.

No one knew the exact percentage when we went downtown today to ask. Colorado's state income tax percentage is 4.63 percent. Compared to the states surrounding us, Colorado is about average for our income tax, with Nebraska being on the higher side at 6.84 percent and Arizona being lower with 4.54 percent. But when looking at other states around the nation, Colorado's tax percent seems fairly low unless there's no sales tax in that specific state.

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