ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
Colorado Department of Revenue
2
2020 Individual Statistics of Income
3
Table 23B. Income and Tax Data for Arapahoe County by Size of Federal AGI ¹
4
5
This table shows aggregate income and tax data for full-year residents by major Colorado county (i.e., most populated counties) and AGI group. Mailing addresses are used to categorize returns into a Colorado county. See Table 22 for data on all counties.
6
7
I. Number of Returns and Aggregate Dollar Amounts
8
Size of Federal AGI Number
of Returns 		Federal AGI Federal
Taxable Income 		Colorado
Taxable Income ² 		Federal Tax Colorado
Gross Tax ³ 		Colorado
Net Tax
9
Negative Income 3,202 ($418,714,785)$0 ($333,663,457)$1,737,789 $745,642 $676,675
10
$0 under $10K 35,017 $161,644,422 $2,399,418 ($231,149,321)$3,943,484 $550,616 $548,407
11
$10K under $20K 32,984 $492,018,130 $65,244,237 ($2,184,743)$15,169,028 $4,058,011 $4,044,227
12
$20K under $30K 32,014 $801,701,476 $306,527,463 $261,286,430 $34,382,771 $14,223,834 $14,172,667
13
$30K under $40K 32,185 $1,124,294,895 $611,006,062 $565,319,642 $60,022,223 $26,854,715 $26,783,546
14
$40K under $50K 27,765 $1,245,261,590 $785,480,954 $722,554,715 $77,974,503 $33,690,125 $33,573,424
15
$50K under $60K 22,323 $1,223,082,103 $832,444,309 $762,439,461 $87,542,703 $35,232,064 $35,094,934
16
$60K under $75K 25,815 $1,732,533,901 $1,242,336,517 $1,130,750,978 $146,346,933 $51,826,869 $51,562,661
17
$75K under $100K 29,071 $2,514,296,143 $1,887,273,556 $1,718,582,137 $236,075,004 $78,452,299 $77,942,406
18
$100K under $200K 46,725 $6,417,889,281 $5,195,102,363 $4,851,078,500 $753,386,168 $221,130,685 $218,860,818
19
$200K under $500K 16,271 $4,659,089,536 $4,076,733,534 $3,952,181,872 $796,213,560 $180,038,128 $175,723,775
20
$500K under $1M 2,601 $1,767,330,862 $1,612,412,920 $1,593,480,361 $429,757,767 $72,503,365 $68,241,737
21
$1M and over 1,417 $4,634,718,229 $4,212,647,538 $3,697,278,966 $1,271,222,194 $188,652,847 $164,888,560
22
Total 307,390 $26,355,145,783 $20,829,608,871 $18,687,955,541 $3,913,774,127 $907,959,200 $872,113,837
23
24
II. Number of Returns and Average Dollar Amounts per Return
25
Size of Federal AGI Number
of Returns 		Federal AGI Federal
Taxable Income 		Colorado
Taxable Income ² 		Federal Tax Colorado
Gross Tax ³ 		Colorado
Net Tax
26
Negative Income 3,202 ($130,767)$0 ($104,205)$543 $233 $211
27
$0 under $10K 35,017 $4,616 $69 ($6,601)$113 $16 $16
28
$10K under $20K 32,984 $14,917 $1,978 ($66)$460 $123 $123
29
$20K under $30K 32,014 $25,042 $9,575 $8,162 $1,074 $444 $443
30
$30K under $40K 32,185 $34,932 $18,984 $17,565 $1,865 $834 $832
31
$40K under $50K 27,765 $44,850 $28,290 $26,024 $2,808 $1,213 $1,209
32
$50K under $60K 22,323 $54,790 $37,291 $34,155 $3,922 $1,578 $1,572
33
$60K under $75K 25,815 $67,113 $48,125 $43,802 $5,669 $2,008 $1,997
34
$75K under $100K 29,071 $86,488 $64,919 $59,117 $8,121 $2,699 $2,681
35
$100K under $200K 46,725 $137,355 $111,185 $103,822 $16,124 $4,733 $4,684
36
$200K under $500K 16,271 $286,343 $250,552 $242,897 $48,935 $11,065 $10,800
37
$500K under $1M 2,601 $679,481 $619,920 $612,641 $165,228 $27,875 $26,237
38
$1M and over 1,417 $3,270,796 $2,972,934 $2,609,230 $897,122 $133,135 $116,365
39
Average 307,390 $85,738 $67,763 $60,796 $12,732 $2,954 $2,837
40
41
Source: Federal and Colorado individual income tax returns (full-year residents only)
42
NR - Not releasable due to confidentiality requirements. Total includes NR data.
43
¹ Returns with a mailing address that do not match a Colorado county are excluded from this table.
44
² The Colorado Taxable Income (CTI) reported on Colorado returns can be positive, zero, or negative. The CTI is negative when the taxpayer reports losses and/or subtractions greater than their income and additions. Negative values do not reduce their tax liability to be less than $0.
45
³ Colorado Gross Tax is determined based on Colorado Taxable Income greater than zero. To calculate positive Colorado Taxable Income, divide the Colorado Gross Tax by the income tax rate.
46
47
Prepared by: Office of Research and Analysis, Colorado Department of Revenue | dor_ora@state.co.us
48
Data extracted: August 25, 2022
49
Publish date: September 2024
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100