Taxes in Thornton, CO
Updated 2026 β’ Property, income & sales tax data
π Total Annual Tax Burden in Thornton, CO
The combined effect of property, income, and sales taxes determines your total tax burden. Based on Thornton's median household income of $95,064 and a local median home price of $414,000.
π Property Tax in Thornton, CO
Property taxes are collected by local governments and used to fund schools, infrastructure, and other local services.
Note: The effective rate represents the percentage of a property's value paid in taxes annually. The US average property tax rate is approximately 1.1%. The estimate above uses the local median home price of $414,000 for Thornton, not the national median of $419,200.
πΌ State Income Tax in CO
Income tax rates and brackets vary by state, impacting residents' overall tax burden. CO uses a flat rate β the same percentage applies to all taxable income.
Note: Tax estimates are approximations based on standard deductions and may not account for all applicable credits, deductions, or individual circumstances. For personalized tax advice, please consult a qualified tax professional.
π Sales Tax in Thornton, CO
Sales tax is applied to most retail purchases and is collected by merchants at the point of sale. The rate can vary based on location and type of purchase.
Impact on Common Household Expenses
| Category | Annual Spending | Est. Sales Tax |
|---|---|---|
| Groceries | $7,000 | $784 |
| Retail | $5,000 | $560 |
| Dining | $3,500 | $392 |
| Total Annual | $15,500 | $1,736 |
π‘ Did you know? Not all states tax groceries, and some have tax holidays for specific items like back-to-school supplies or emergency preparedness equipment. Check with local authorities for exemptions that might apply to you.
Understanding Your Tax Burden in Thornton, CO
Thornton, CO residents deal with lower property taxes (approx. 0.60% effective rate), 4.4% income tax, and 2.90% sales tax. This comprehensive tax guide helps you understand your financial obligations in Thornton.
Tax Pros & Cons of Thornton, CO
Pros
- β’Friendly community vibe
- β’Growing nightlife options
- β’Affordable living costs
- β’Vibrant local events
- β’Strong schools in area
- β’Diverse population
- β’Multiple parks for kids
- β’Access to nearby mountains
- β’Good job opportunities
- β’Easy commutes to Denver
Cons
- β’Occasional racism issues
- β’Some schools underperforming
- β’Weather can be unpredictable
- β’Economic disparities noted
- β’Higher crime rates reported
- β’Traffic congestion during rush
- β’Limited cultural activities
- β’Limited public transport options
- β’Less nightlife than Denver
- β’Budget constraints in city
Frequently Asked Questions
What is the cost of living in Thornton, CO? βΌ
The cost of living in Thornton, CO is 0% equal to the national average, with a cost of living index of 100 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown β
Is Thornton, CO a safe place to live? βΌ
Thornton, CO is average in terms of safety, with crime rates near the national average. Safety varies significantly by neighborhood. View detailed Thornton crime statistics β
What are the best neighborhoods in Thornton, CO? βΌ
The best neighborhoods in Thornton, CO depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods vary in price depending on proximity to amenities and schools.
How are the taxes in Thornton, CO? βΌ
Tax rates in Thornton, CO include state and local components. The cost of living index of 100 reflects a moderate cost environment compared to the national average. View detailed Thornton tax information β
How does Thornton, CO compare to nearby cities? βΌ
Thornton, CO offers comparable costs to nearby communities. With a cost of living index of 100, median home prices of $0, and a crime rate of 0 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Thornton, CO? βΌ
Weather in Thornton, CO varies by season. Climate data varies by season. View detailed Thornton climate & environment data β
Explore More About Thornton, CO
π Last Updated: February 2026
Sources: Tax Foundation, State Revenue Departments, U.S. Census Bureau ACS