How much does a Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders actually take home in Colorado?
4.4% flat rate — 19.8% effective total tax rateData: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-06
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Detailed line-by-line tax calculation for a Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders earning $47,210 in Colorado (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $47,210 | — |
| Federal Income Tax | -$3,681 | 7.8% |
| Colorado State Income Tax | -$2,077 | 4.4% |
| Social Security (OASDI) | -$2,927 | 6.2% |
| Medicare | -$684 | 1.5% |
| Total Taxes | -$9,370 | 19.8% |
| Take-Home Pay | $37,839 | 80.2% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Colorado.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $39,370 | -$7,484 | $31,885 | 19.0% |
| 25th Percentile (P25) | $44,150 | -$8,634 | $35,515 | 19.6% |
| Median (P50) | $47,210 | -$9,370 | $37,839 | 19.8% |
| 75th Percentile (P75) | $48,960 | -$9,790 | $39,169 | 20.0% |
| 90th Percentile (P90) | $58,590 | -$12,106 | $46,483 | 20.7% |
After federal income tax ($3,681), state tax ($2,077), and FICA ($3,611), a Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Colorado takes home $37,839 per year — or $3,153 per month. The effective tax rate of 19.8% is relatively low compared to the national range.
Where does a Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Colorado ranks #10 out of 47 states for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders after-tax take-home pay.
A Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Colorado earning a median salary of $47,210 will take home approximately $37,839 per year after federal income tax ($3,681), state income tax ($2,077), and FICA ($3,611). That is $3,153 per month or $1,455 per bi-weekly paycheck.
The effective total tax rate for a Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Colorado is 19.8%, broken down as: federal income tax 7.8%, Colorado state tax 4.4%, and FICA (Social Security + Medicare) 7.7%. This assumes a single filer with the standard deduction for 2024.
Colorado has a 4.4% flat rate. On a Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders's median salary of $47,210, the state income tax amounts to $2,077 per year, which is an effective state rate of 4.4%.
After all taxes, a Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Colorado takes home approximately $3,153 per month, or about $18.19 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.
We start with the 2024 BLS median salary of $47,210 for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Colorado, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Colorado state income tax (4.4% flat rate), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $37,839/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.
Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR