Sheridan tax guide
At a $75,000 salary, working in Sheridan costs an extra $36/year in local taxes compared to a Colorado location with no local tax, bringing annual take-home down to $58,256.
Key tax highlights
Payroll
- Sheridan uses a flat $3.00/month occupational privilege tax, not a percentage of wages.
- The tax applies once monthly wages exceed $0, so very low earners may be exempt.
- At $36.00/year, the local tax is relatively small compared to percentage-based city taxes.
Local taxes
- Sheridan uses a flat monthly occupational privilege tax of $3.00 per employee.
- The flat amount means the tax has a larger percentage impact on lower salaries.
Salary examples
Take-home estimates including local tax as a separate line. At $75,000, the local tax adds $36 per year. Use the calculator above with your actual salary for a precise estimate.
| Salary | Federal | State | Local | FICA | Take-Home | Rate |
|---|---|---|---|---|---|---|
| $50,000 | $3,820 | $2,200 | $36 | $3,825 | $40,119 | 80.2% |
| $75,000 | $7,670 | $3,300 | $36 | $5,738 | $58,256 | 77.7% |
| $100,000 | $13,170 | $4,400 | $36 | $7,650 | $74,744 | 74.7% |
| $150,000 | $24,734 | $6,600 | $36 | $11,475 | $107,155 | 71.4% |
Resident and work caveats
- Sheridan local payroll tax is tied to work activity and wage thresholds rather than a simple resident percentage.
- If you move jobs or split work locations, the monthly threshold treatment can matter.
Other Colorado city pages
| City | Local rate |
|---|---|
| Denver | $5.75/month |
| Glendale | $5/month |
| Greenwood Village | $2/month |
| Aurora | $2/month |