Last updated: 2025 BLS data · Page refreshed:
How much does a Payroll and Timekeeping Clerks actually take home in Colorado?
4.4% flat rate — 21.3% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Payroll and Timekeeping Clerks earning $64,140 in Colorado (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $64,140 | — |
| Federal Income Tax | -$5,951 | 9.3% |
| Colorado State Income Tax | -$2,822 | 4.4% |
| Social Security (OASDI) | -$3,976 | 6.2% |
| Medicare | -$930 | 1.4% |
| Total Taxes | -$13,680 | 21.3% |
| Take-Home Pay | $50,459 | 78.7% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Payroll and Timekeeping Clerks in Colorado.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $46,590 | -$9,220 | $37,369 | 19.8% |
| 25th Percentile (P25) | $51,650 | -$10,437 | $41,212 | 20.2% |
| Median (P50) | $64,140 | -$13,680 | $50,459 | 21.3% |
| 75th Percentile (P75) | $76,040 | -$17,732 | $58,307 | 23.3% |
| 90th Percentile (P90) | $88,050 | -$21,822 | $66,227 | 24.8% |
After federal income tax ($5,951), state tax ($2,822), and FICA ($4,906), a Payroll and Timekeeping Clerks in Colorado takes home $50,459 per year — or $4,204 per month. The effective tax rate of 21.3% is relatively low compared to the national range.
With an effective total rate of 21.3%, a Payroll and Timekeeping Clerks in Colorado keeps $50,459 of $64,140 gross — roughly typical for U.S. middle-income earners once federal, FICA and state taxes are combined.
Colorado applies a flat state income tax — every dollar of wage income is taxed at the same rate. For this Payroll and Timekeeping Clerks salary that contributes $2,822 to the 4.4% effective state-tax burden.
Federal tax on this Payroll and Timekeeping Clerks salary is $5,952 (44%), but combined state ($2,822, 21%) + FICA ($4,907, 36%) make up the other 56% of the bill.
Moving this same Payroll and Timekeeping Clerks salary to a zero-state-tax state would yield around $53,281 net — a gain of $2,822 (5.6%) per year versus Colorado.
For Payroll and Timekeeping Clerks after-tax pay, Colorado ranks #6 of 51 states — top quartile. High gross wages or low state-tax burden (or both) drive the strong ranking.
Translated into paycheck cadences, $50,459 net/year works out to $4,205/month or $1,941/bi-weekly for this Payroll and Timekeeping Clerks in Colorado — the numbers that actually hit a checking account after every deduction.
Where does a Payroll and Timekeeping Clerks keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Colorado ranks #6 out of 51 states for Payroll and Timekeeping Clerks after-tax take-home pay.
A Payroll and Timekeeping Clerks in Colorado earning a median salary of $64,140 will take home approximately $50,459 per year after federal income tax ($5,951), state income tax ($2,822), and FICA ($4,906). That is $4,204 per month or $1,940 per bi-weekly paycheck.
The effective total tax rate for a Payroll and Timekeeping Clerks in Colorado is 21.3%, broken down as: federal income tax 9.3%, 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 Payroll and Timekeeping Clerks's median salary of $64,140, the state income tax amounts to $2,822 per year, which is an effective state rate of 4.4%.
After all taxes, a Payroll and Timekeeping Clerks in Colorado takes home approximately $4,204 per month, or about $24.26 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 $64,140 for Payroll and Timekeeping Clerks 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 — $50,459/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