How much does a Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic actually take home in Colorado?
4.4% flat rate — 19.2% 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 Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic earning $40,580 in Colorado (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $40,580 | — |
| Federal Income Tax | -$2,885 | 7.1% |
| Colorado State Income Tax | -$1,785 | 4.4% |
| Social Security (OASDI) | -$2,515 | 6.2% |
| Medicare | -$588 | 1.4% |
| Total Taxes | -$7,775 | 19.2% |
| Take-Home Pay | $32,804 | 80.8% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Colorado.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $37,340 | -$6,996 | $30,343 | 18.7% |
| 25th Percentile (P25) | $38,560 | -$7,289 | $31,270 | 18.9% |
| Median (P50) | $40,580 | -$7,775 | $32,804 | 19.2% |
| 75th Percentile (P75) | $49,200 | -$9,848 | $39,351 | 20.0% |
| 90th Percentile (P90) | $60,210 | -$12,496 | $47,713 | 20.8% |
After federal income tax ($2,885), state tax ($1,785), and FICA ($3,104), a Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Colorado takes home $32,804 per year — or $2,733 per month. The effective tax rate of 19.2% is relatively low compared to the national range.
Where does a Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Colorado ranks #23 out of 49 states for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic after-tax take-home pay.
A Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Colorado earning a median salary of $40,580 will take home approximately $32,804 per year after federal income tax ($2,885), state income tax ($1,785), and FICA ($3,104). That is $2,733 per month or $1,261 per bi-weekly paycheck.
The effective total tax rate for a Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Colorado is 19.2%, broken down as: federal income tax 7.1%, 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 Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic's median salary of $40,580, the state income tax amounts to $1,785 per year, which is an effective state rate of 4.4%.
After all taxes, a Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Colorado takes home approximately $2,733 per month, or about $15.77 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 $40,580 for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic 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 — $32,804/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