How much does a Foundry Mold and Coremakers actually take home in Colorado?
4.4% flat rate — 19.8% effective total tax rateData: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02
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Detailed line-by-line tax calculation for a Foundry Mold and Coremakers earning $46,520 in Colorado (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $46,520 | — |
| Federal Income Tax | -$3,598 | 7.7% |
| Colorado State Income Tax | -$2,046 | 4.4% |
| Social Security (OASDI) | -$2,884 | 6.2% |
| Medicare | -$674 | 1.4% |
| Total Taxes | -$9,204 | 19.8% |
| Take-Home Pay | $37,315 | 80.2% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Foundry Mold and Coremakers in Colorado.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $38,510 | -$7,277 | $31,232 | 18.9% |
| 25th Percentile (P25) | $44,190 | -$8,643 | $35,546 | 19.6% |
| Median (P50) | $46,520 | -$9,204 | $37,315 | 19.8% |
| 75th Percentile (P75) | $48,950 | -$9,788 | $39,161 | 20.0% |
| 90th Percentile (P90) | $58,140 | -$11,998 | $46,141 | 20.6% |
After federal income tax ($3,598), state tax ($2,046), and FICA ($3,558), a Foundry Mold and Coremakers in Colorado takes home $37,315 per year — or $3,109 per month. The effective tax rate of 19.8% is relatively low compared to the national range.
Where does a Foundry Mold and Coremakers keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Colorado ranks #12 out of 33 states for Foundry Mold and Coremakers after-tax take-home pay.
A Foundry Mold and Coremakers in Colorado earning a median salary of $46,520 will take home approximately $37,315 per year after federal income tax ($3,598), state income tax ($2,046), and FICA ($3,558). That is $3,109 per month or $1,435 per bi-weekly paycheck.
The effective total tax rate for a Foundry Mold and Coremakers in Colorado is 19.8%, broken down as: federal income tax 7.7%, 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 Foundry Mold and Coremakers's median salary of $46,520, the state income tax amounts to $2,046 per year, which is an effective state rate of 4.4%.
After all taxes, a Foundry Mold and Coremakers in Colorado takes home approximately $3,109 per month, or about $17.94 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 $46,520 for Foundry Mold and Coremakers 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 — $37,315/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