How much does a Reinforcing Iron and Rebar Workers actually take home in Colorado?
4.4% flat rate — 20.7% 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 Reinforcing Iron and Rebar Workers earning $59,650 in Colorado (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $59,650 | — |
| Federal Income Tax | -$5,174 | 8.7% |
| Colorado State Income Tax | -$2,624 | 4.4% |
| Social Security (OASDI) | -$3,698 | 6.2% |
| Medicare | -$864 | 1.5% |
| Total Taxes | -$12,361 | 20.7% |
| Take-Home Pay | $47,288 | 79.3% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Reinforcing Iron and Rebar Workers in Colorado.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $43,750 | -$8,537 | $35,212 | 19.5% |
| 25th Percentile (P25) | $53,740 | -$10,940 | $42,799 | 20.4% |
| Median (P50) | $59,650 | -$12,361 | $47,288 | 20.7% |
| 75th Percentile (P75) | $71,190 | -$16,081 | $55,108 | 22.6% |
| 90th Percentile (P90) | $77,630 | -$18,274 | $59,355 | 23.5% |
After federal income tax ($5,174), state tax ($2,624), and FICA ($4,563), a Reinforcing Iron and Rebar Workers in Colorado takes home $47,288 per year — or $3,940 per month. The effective tax rate of 20.7% is relatively low compared to the national range.
Where does a Reinforcing Iron and Rebar Workers keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Colorado ranks #20 out of 35 states for Reinforcing Iron and Rebar Workers after-tax take-home pay.
A Reinforcing Iron and Rebar Workers in Colorado earning a median salary of $59,650 will take home approximately $47,288 per year after federal income tax ($5,174), state income tax ($2,624), and FICA ($4,563). That is $3,940 per month or $1,818 per bi-weekly paycheck.
The effective total tax rate for a Reinforcing Iron and Rebar Workers in Colorado is 20.7%, broken down as: federal income tax 8.7%, 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 Reinforcing Iron and Rebar Workers's median salary of $59,650, the state income tax amounts to $2,624 per year, which is an effective state rate of 4.4%.
After all taxes, a Reinforcing Iron and Rebar Workers in Colorado takes home approximately $3,940 per month, or about $22.73 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 $59,650 for Reinforcing Iron and Rebar Workers 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 — $47,288/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