Severance, Colorado — Tax Burden
What is the tax burden in Severance, Colorado?
Severance, Colorado has a total tax burden of 9.31%, ranking #4187 nationally. Property tax rate: 0.62%, state income tax: 4.400%, sales tax: 7.81%. Median household income is $121,047.
Source: US Census ACS, 2022
Ranked #4187 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.31%
Rank: 4187th nationally
Property Tax Rate
0.62%
Rank: 5638th nationally
Income Tax Rate
4.400%
Colorado state rate
Sales Tax Rate
7.81%
State + local combined
Tax Burden Breakdown
Property (25%)Income (47%)Sales (28%)
Median Income: $121,047
Median Home Value: $452,200
Median Property Tax: $2,821/yr
Population: 8,526