Last updated: 2025 BLS data · Page refreshed:
How much does a Electrical Engineers actually take home in Colorado?
4.4% flat rate — 27.4% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Electrical Engineers earning $120,760 in Colorado (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $120,760 | — |
| Federal Income Tax | -$18,520 | 15.3% |
| Colorado State Income Tax | -$5,313 | 4.4% |
| Social Security (OASDI) | -$7,487 | 6.2% |
| Medicare | -$1,751 | 1.4% |
| Total Taxes | -$33,072 | 27.4% |
| Take-Home Pay | $87,687 | 72.6% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Electrical Engineers in Colorado.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $81,720 | -$19,666 | $62,053 | 24.1% |
| 25th Percentile (P25) | $98,090 | -$25,240 | $72,849 | 25.7% |
| Median (P50) | $120,760 | -$33,072 | $87,687 | 27.4% |
| 75th Percentile (P75) | $147,040 | -$42,546 | $104,493 | 28.9% |
| 90th Percentile (P90) | $177,310 | -$52,918 | $124,391 | 29.8% |
After federal income tax ($18,520), state tax ($5,313), and FICA ($9,238), a Electrical Engineers in Colorado takes home $87,687 per year — or $7,307 per month. The effective tax rate of 27.4% is moderate compared to the national range.
A Electrical Engineers in Colorado loses 27.4% of gross pay to taxes — higher than the ~25% national midpoint. Of the $120,760 gross, $87,688 lands in the paycheck after federal ($18,521), state ($5,313), and FICA ($9,238) withholding.
Colorado applies a flat state income tax — every dollar of wage income is taxed at the same rate. For this Electrical Engineers salary that contributes $5,313 to the 4.4% effective state-tax burden.
Federal income tax ($18,521) accounts for 56% of the total tax bill — the single largest deduction. FICA adds $9,238 (28%), and state tax the remaining $5,313 (16%).
Moving this same Electrical Engineers salary to a zero-state-tax state would yield around $93,001 net — a gain of $5,313 (6.1%) per year versus Colorado.
Colorado ranks #15 of 49 states for Electrical Engineers after-tax pay — comfortably in the upper half.
Translated into paycheck cadences, $87,688 net/year works out to $7,307/month or $3,373/bi-weekly for this Electrical Engineers in Colorado — the numbers that actually hit a checking account after every deduction.
Where does a Electrical Engineers keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Colorado ranks #15 out of 49 states for Electrical Engineers after-tax take-home pay.
A Electrical Engineers in Colorado earning a median salary of $120,760 will take home approximately $87,687 per year after federal income tax ($18,520), state income tax ($5,313), and FICA ($9,238). That is $7,307 per month or $3,372 per bi-weekly paycheck.
The effective total tax rate for a Electrical Engineers in Colorado is 27.4%, broken down as: federal income tax 15.3%, Colorado state tax 4.4%, and FICA (Social Security + Medicare) 7.6%. This assumes a single filer with the standard deduction for 2024.
Colorado has a 4.4% flat rate. On a Electrical Engineers's median salary of $120,760, the state income tax amounts to $5,313 per year, which is an effective state rate of 4.4%.
After all taxes, a Electrical Engineers in Colorado takes home approximately $7,307 per month, or about $42.16 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 2025 BLS median salary of $120,760 for Electrical Engineers 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 — $87,687/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
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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