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Colorado Department of Revenue
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2018 Individual Statistics of Income
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Table 1. Income and Tax Data by Size of Federal AGI
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This table shows aggregate income and tax data for full-year residents by AGI group.
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I. Number of Returns, Income, and Tax Data
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Size of Federal AGI Number of Returns Federal AGI Federal Taxable Income Colorado Gross Tax Colorado Net Tax Federal Tax
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Negative Income 25,517 ($3,488,027,762)$0 $460,806 $1,253,627 $15,842,431
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$ 0 to $ 9,999 272,458 $1,390,803,771 $24,275,226 $2,000,473 $1,979,574 $30,479,565
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$ 10,000 to $ 19,999 284,414 $4,237,565,698 $607,541,530 $26,129,368 $25,911,196 $130,561,665
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$ 20,000 to $ 29,999 274,631 $6,862,423,600 $2,714,717,949 $115,023,359 $114,369,839 $299,066,309
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$ 30,000 to $ 39,999 251,462 $8,763,551,214 $4,788,818,387 $200,883,439 $199,829,091 $484,203,932
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$ 40,000 to $ 49,999 207,913 $9,318,337,616 $5,875,906,393 $243,960,671 $242,427,783 $596,624,710
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$ 50,000 to $ 59,999 169,303 $9,282,485,522 $6,290,787,774 $258,154,163 $256,147,731 $677,392,980
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$ 60,000 to $ 74,999 200,614 $13,469,537,272 $9,574,818,014 $388,941,325 $385,452,177 $1,127,863,029
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$ 75,000 to $ 99,999 240,427 $20,840,341,607 $15,551,551,307 $634,808,678 $627,587,638 $1,900,274,122
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$ 100,000 to $ 199,999 390,801 $53,599,573,429 $43,232,589,772 $1,844,500,830 $1,814,192,738 $6,281,410,378
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$ 200,000 to $ 499,999 137,764 $39,378,828,432 $34,199,013,586 $1,527,752,037 $1,474,716,954 $6,693,280,535
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$ 500,000 to $ 999,999 20,501 $13,756,339,626 $12,382,310,256 $562,780,510 $523,045,760 $3,225,579,661
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$ 1,000,000 and over 9,933 $30,557,063,188 $27,182,371,297 $1,239,255,458 $1,101,415,957 $7,810,749,552
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Total 2,485,738 $207,968,823,213 $162,424,701,491 $7,044,651,117 $6,768,330,065 $29,273,328,869
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II. Average Dollar Amounts per Return
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Size of Federal AGI Federal AGI Federal Taxable Income Colorado Gross Tax Colorado Net Tax Federal Tax
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Negative Income($136,694)$0 $18 $49 $621
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$ 0 to $ 9,999$5,105 $89 $7 $7 $112
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$ 10,000 to $ 19,999$14,899 $2,136 $92 $91 $459
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$ 20,000 to $ 29,999$24,988 $9,885 $419 $416 $1,089
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$ 30,000 to $ 39,999$34,850 $19,044 $799 $795 $1,926
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$ 40,000 to $ 49,999$44,818 $28,261 $1,173 $1,166 $2,870
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$ 50,000 to $ 59,999$54,828 $37,157 $1,525 $1,513 $4,001
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$ 60,000 to $ 74,999$67,142 $47,728 $1,939 $1,921 $5,622
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$ 75,000 to $ 99,999$86,681 $64,683 $2,640 $2,610 $7,904
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$ 100,000 to $ 199,999$137,153 $110,626 $4,720 $4,642 $16,073
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$ 200,000 to $ 499,999$285,843 $248,243 $11,090 $10,705 $48,585
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$ 500,000 to $ 999,999$671,008 $603,986 $27,451 $25,513 $157,338
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$ 1,000,000 and over$3,076,318 $2,736,572 $124,761 $110,885 $786,343
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Average$83,665 $65,343 $2,834 $2,723 $11,777
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Source: Federal and Colorado individual income tax returns (full-year residents only)
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Prepared by: Office of Research and Analysis, Colorado Department of Revenue | dor_ora@state.co.us
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Data extracted: August 20, 2020
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Publish date: November 2021
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