Overtime Pay Calculators Colorado

Colorado Overtime Pay Calculator

Calculate overtime pay in Colorado. State minimum wage $14.42/hr, 4.4% top tax rate. See gross & net overtime earnings.

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Colorado Quick Facts
4.4% Income Tax Rate
0.51% Property Tax Rate
$82,254 Median Income
105.1 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Overtime pay calculation for Colorado. Under the Fair Labor Standards Act (FLSA), non-exempt employees earn at least 1.5x their regular rate for hours worked over 40/week. Colorado state minimum wage is $14.42/hr (above federal $7.25). Net pay accounts for federal income tax (estimated), Social Security (6.2%), Medicare (1.45%), and Colorado state income tax (4.4% top rate).

Key State Information

Colorado overtime facts: Minimum wage $14.42/hr | Tipped wage $11.40/hr | State tax up to 4.4% | Median household income $82,254.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
DOL, Tax Foundation
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

What is the overtime rate in Colorado?

The standard overtime rate in Colorado is 1.5x (time-and-a-half) your regular hourly pay for hours worked over 40 per week. With Colorado's minimum wage of $14.42/hr, the minimum overtime rate is $21.63/hr.

Is overtime taxed differently in Colorado?

No — overtime pay is taxed like regular income. However, higher total earnings may push you into a higher tax bracket. In Colorado the top marginal rate is 4.4%, so overtime does not create additional state tax burden unless it pushes you past a bracket threshold.

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