This is the Average Tax Refund in Colorado and across the United States

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Published Tuesday, April 20, 2021

Grant Suneson, 24/7 Wall St. via The Center Square

Americans paid in 2019 more than $3.5 trillion in taxes. Nearly half of all tax returns filed by individuals, corporations, and estates received a refund.

Altogether, the Internal Revenue Service issued nearly 122 million refunds totaling $452.1 billion, or $3,709 per refund. There are a number of variables that affect the amount that is refunded, one of which is location. The average refund can vary by state from under $2,500 to more than $8,700.

For the fiscal year 2019, the average tax refund for Colorado was $3,067. This ranks as the 24th highest among all 50 states and is lower than the average refund amount of $3,709 nationwide. This figure includes not just personal income tax returns, but also corporate taxes, estate taxes, and more.

Nationwide, the IRS collected $10,860 per person in 2019, but in Colorado, IRS collections per capita were slightly lower, at $10,412. Nationwide, 48.2% of tax returns filed received a refund. But in Colorado, 43.0% of returns received a refund, which ranked fourth fewest among all states.

To determine the average tax refund in every state, 24/7 Wall St. reviewed data on tax refunds from the IRS. States were ranked based on the average tax refund amount issued in the 2019 fiscal year, which includes refunds for individuals, corporate taxes, estate taxes, and more. This is how each state ranks in average tax refunds.

Rank

State

Average refund ($)

Median household income ($)

IRS collections per capita ($)

1

Delaware

8,766

70,176

20,615

2

New Jersey

4,502

85,751

15,791

3

Connecticut

4,018

78,833

16,014

4

Illinois

3,724

69,187

12,806

5

Texas

3,684

64,034

10,082

6

Nebraska

3,652

63,229

13,209

7

Minnesota

3,571

74,593

18,200

8

New York

3,495

72,108

15,678

9

Massachusetts

3,478

85,843

17,415

10

Washington

3,351

78,687

13,212

11

Louisiana

3,349

51,073

8,482

12

Oklahoma

3,327

54,449

7,363

13

Kansas

3,291

62,087

9,041

14

Florida

3,234

59,227

9,779

15

Alabama

3,204

51,734

5,407

16

Georgia

3,162

61,980

8,882

17

Wyoming

3,136

65,003

8,197

18

Alaska

3,122

75,463

7,375

19

Tennessee

3,111

56,071

10,216

20

California

3,094

80,440

11,946

21

Mississippi

3,087

45,792

3,788

22

Arkansas

3,081

48,952

10,131

23

Nevada

3,070

63,276

7,717

24

Colorado

3,067

77,127

10,412

25

Pennsylvania

3,055

63,463

11,090

26

South Dakota

3,041

59,533

9,076

27

Arizona

3,000

62,055

6,559

28

Maryland

2,979

86,738

12,980

29

Michigan

2,966

59,584

8,169

30

Virginia

2,940

76,456

9,791

31

Missouri

2,927

57,409

10,452

32

Iowa

2,922

61,691

7,897

33

Utah

2,916

75,780

7,591

34

North Dakota

2,840

64,577

8,713

35

North Carolina

2,830

57,341

8,369

36

Ohio

2,827

58,642

1,2379

37

Indiana

2,817

57,603

9,006

38

West Virginia

2,808

48,850

3,928

39

Hawaii

2,792

83,102

6,530

40

Kentucky

2,751

52,295

7,967

41

New Mexico

2,725

51,945

4,421

42

New Hampshire

2,694

77,933

8,979

43

Idaho

2,669

60,999

6,347

44

South Carolina

2,660

56,227

5,416

45

Wisconsin

2,655

64,168

9,081

46

Rhode Island

2,605

71,169

13,523

47

Vermont

2,583

63,001

7,220

48

Oregon

2,537

67,058

8,308

49

Maine

2,482

58,924

6,049

50

Montana

2,459

57,153

5,948

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The Kiowa County Press is an independent newspaper published in Eads, Kiowa County, Colorado, and to the world at KiowaCountyPress.net.