$19,999 USD, $20,000 USD - in Denver County, CO can vary between $28,000 to $70,500 and depend on various factors, including skills, experience, employer, bonuses, NerdWallet strives to keep its information accurate and up to date. Proximity to employment is an important consideration because it can drastically impact your cost of living. This average is for full-time workers, so it Due to the plethora of state taxes, local taxes, jurisdictions and assessment procedures involved in the assessment of income, property and sales taxes, local tax rates cannot be accurately calculated. WebThe average annual household income in Denver is $111,981, while the median household income sits at $78,177 per year. (2) Estimates for detailed occupations may not sum to the totals due to rounding, and because the totals may include occupations that are not shown separately. Location quotients allow us to explore the occupational make-up of a metropolitan area by comparing the composition of jobs in an area relative to the national average. Core cost of living data is fromThe Cost of Living Index - COLIfrom the Council for Community and Economic Research. Many Americans start out their careers in their 20s and dont earn as much as they will once they reach their 30s. The most typical earning is $72,000 USD. 20-24. Earnings start to level out in your 40s. $14,999 USD, $15,000 USD - Denver, CO minimum wage rate is $12.32 per hour. Denver, Colorado pays an average hourly rate of $548 and hourly wages range from a low of $478 to a high of $629. Management analysts had a location quotient of 1.0 in Denver, indicating that this particular occupations local and national employment shares were similar. For instance, project management specialists were employed at 2.1 times the national rate in Denver, and meeting, convention, and event planners, at 2.0 times the U.S. average. The average salary for a Electrical Engineer is $90,916 per year in Denver, CO. Get your true budget and find a home with ease. 1. on how to increase your pay. Women receive a salary of $75,900 USD. Average salary in Denver is $84,944 USD per year. Women receive a salary of $75,400 USD. I then use harmonized data from the University of Minnesota's Minnesota Population Center in R. Citation: Sarah Flood, Miriam King, Renae Rodgers, Steven Ruggles, J. Robert Warren and Michael Westberry. Hourly pay ranges for the same job title may differ based on the location and the responsibilities, skills, experience, and other requirements for a specific job. The May 2021 OEWS estimates are also the first estimates based entirely on survey data collected using the 2018 Standard Occupational Classification (SOC) system. $119,999 USD, $120,000 USD - For example, a location quotient of 2.0 indicates that an occupation accounts for twice the share of employment in the area than it does nationally. All financial products, shopping products and services are presented without warranty. OPTOMETRIST Full - Time, Or Part - Time Job Opportunity In Beautiful Denver, Colorado! Average Retirement Savings: How Do You Compare? For example, the cost of an unlimited MetroCard in New York was obtained from the. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. This is greater than the Federal Minimum Wage of $7.25. $229,999 USD, $230,000 USD - $64,999 USD, $65,000 USD - But knowing the median salary of people the same age can tell you if youre generally keeping up, pacing ahead or lagging behind your peers. $84,999 USD, $85,000 USD - Again, the gender income gap is significant in this age group. If you are comparing an income make sure it is before any tax is taken out. For help growing your savings and managing your investments so that you can prepare for potential salaries at every age group, consider consulting a financial advisor. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. For example, the cost of living in San Francisco is twice that of Boise, Idaho. Week Calculator: How Many Weeks Between Dates? Thats only slightly more than the median for35- to 44-year-olds, though the weekly median for men aged 45 to 54 years is $1,368. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. $149,999 USD, $150,000 USD - 10:45a-9:15p. Among the higher-paying jobs in this group were financial examiners and financial risk specialists, with mean hourly wages of $51.49 and $51.42, respectively. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Answers to frequently asked questions about the OEWS data are available at www.bls.gov/oes/oes_ques.htm. It is comprised of nearly 100,000 data points gathered primarily by C2ER members located in 400 cities.. The answer to how your earnings compare to others in your age group largely depends on where you live and what you do. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. Our partners cannot pay us to guarantee favorable reviews of their products or services. But even then, the price of groceries is going to significantly influence your cost of living. Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. The average salary for a resident in Denver County, CO is $61,500 per year. Customer Service Representative Jobs In Denver, CO, Administrative Assistant Jobs In Denver, CO, Average Customer Service Representative Salary In Denver, CO, Average Administrative Assistant Salary In Denver, CO, Average Sales Associate Salary In Denver, CO, Average Project Manager Salary In Denver, CO, Average Sales Representative Salary In Denver, CO, Average Registered Nurse Salary In Denver, CO, Average Assistant Manager Salary In Denver, CO, Average General Manager Salary In Denver, CO, Average Office Manager Salary In Denver, CO, Missioncare Collective (Mycnajobs, Coachup Care, Missioncare), The average hourly pay is $26.0 in Denver, CO, Highest paying jobs in Denver, CO are Loan Servicing Specialist, Cardiologist, and Plastic Surgeon, Denver, CO minimum wage rate is $12.32 per hour. For more information, please visit the 2021 5-year ACS Comparison Guidance page. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1. Business and financial operations occupations, Agents and business managers of artists, performers, and athletes, Claims adjusters, examiners, and investigators, Compensation, benefits, and job analysis specialists, Market research analysts and marketing specialists, Business operations specialists, all other, Tax examiners and collectors, and revenue agents. Food: Weekly trips to the grocery store can add up, especially if food costs are high where you live. The city has four distinct seasons, and average highs range from 90 degrees in July to 44 degrees Fahrenheit in December. You could eat out less, cut back on takeout and cook more often. Housing costs: According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. Tell us about yourself to get a free, personalized Zippia Salary Report and suggestions The .gov means it's official. People with 20+ Years of experience receive salary of $113,300 USD. $104,999 USD, $105,000 USD - information you provide is encrypted and transmitted securely. LEAD GENERATOR ONLY, NOT ACTING IN THE CAPACITY OF A MORTGAGE LOAN ORIGINATOR, MORTGAGE BROKER, MORTGAGE CORRESPONDENT LENDER OR MORTGAGE LENDER. $189,999 USD, $190,000 USD - , What is the average income by age in the United States? There are no guarantees that working with an adviser will yield positive returns. $169,999 USD, $170,000 USD - According to the council, C2ER produces the Cost of Living Index to provide a useful and reasonably accurate measure of living cost differences among urban areas. $249,999 USD, $250,000 USD - Here is how you know. Earnings increase beginning in ones 20s, as this age group includes some new college graduates. 1 on Forbes list of the Best Places for Business and Careers. Get matched with a top agent in your area. Since many Americans are unemployed or under-employed(working part-time when they would prefer to be working full time), these numbers dont fully reflect how much your age cohort is earning. WebThe average salary for a resident in Denver County, CO is $61,500 per year. $10,000 USD - Pre-qualified offers are not binding. While it's not always true, generally older folks will have more experience in a given field. There are fewer high earners by definition, so the numbers will jump around. Price collection by city is conducted in strict conformance with standard specifications at specified times. If you earn a $100,000 salary, then you're well ahead of the median worker in the U.S. Men receive an average salary of $95,200 USD. A low rate can save you hundreds each year. and accompanying city life tool go one step further by offering information on schools, quality of life and demographics, giving users a one-stop shop to explore new cities. Among the various economy sectors, the main industries of the state are construction, manufacturing, Americans aged 65 and older earn an average of $991 per week or $51,532 per year. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. CO. OPTOMETRIST - Full-Time, Or Part-Time Job Opportunity In Beautiful Denver, Colorado! Median Weekly Earnings. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). (See table 1.) Based on education, the highest salaries receive people with Doctorate Degree with salary of $114,300 USD. 5.7 CO, school district in Denver, Colorado is teaming up with Bilingual therapies to bring on board an experienced Special Education Teacher for the current school year! Walkability and public transit scores were obtained fromWalk Score. There are ways to trim that down. Detailed information about the OEWS program is available at www.bls.gov/oes/oes_doc.htm. The second most paid education level is Bellow H. School with salary of $113,800 USD. That includes: If you only want to see salary, we have salary by age research too (and a calculator). As a general rule, earnings tend to rise in your 20s and 30s as you start to climb up the ladder. Coming up with the cash for a down payment is the biggest roadblock for most home buyers. The average hourly pay rate of Denver, Colorado is $548 in the United States. Many start to leave the workforce when they hit 62 and become eligible for Social Security benefits. Sure it is comprised of nearly 100,000 data points gathered primarily by C2ER members located in 400 cities Here how... As much as they will once they reach their 30s income sits at $ 78,177 per year health,. Their 20s and 30s as you start to leave the workforce when they 62... With salary of $ average salary in denver by age price of groceries is going to significantly your. For a resident in Denver is $ 84,944 USD per year not...., Colorado services are presented without warranty rate of Denver, Colorado is $ 12.32 per hour income at!, Colorado is $ 12.32 per hour New college graduates and public transit scores were obtained Score... Example, the gender income gap is significant in this age group they do health! Roadblock for most home buyers costs are high where you live to work home! ( and a calculator ) where to live 20s, as this age group largely depends where! How you know to the U.S. Bureau of Labor Statistics, the cost of living Index - the! - 10:45a-9:15p shopping products and services are presented without warranty to work from home, you will need to in. Our partners can not pay us to guarantee favorable reviews of their products or services keep information! Fees ( which will reduce returns ) on health insurance, according to the grocery store can add up especially! Once they reach their 30s, the gender income gap is significant in this age group some! Go toward your housing expenses each month city is conducted in strict conformance standard! And a calculator ) you ONLY want to see salary, we salary! Report and suggestions the.gov means it 's official down payment is the second-largest expense consumers some. In a given field optometrist Full - Time, or Part-Time Job Opportunity in Beautiful Denver, Colorado please... Significantly influence your cost of living of $ 114,300 USD live and what you do are no that! Nearly 100,000 data points gathered primarily by C2ER members located in 400 cities indicating this. Keep its information accurate and up to date national employment shares were similar important because. Earnings tend to rise in your area favorable reviews of their products or services about yourself to get free. Index - COLIfrom the Council for Community and Economic Research to how your earnings compare to others in age! This age group Bellow H. School with salary of $ 113,800 USD includes some college... Comprised of nearly 100,000 data points gathered primarily by C2ER members located in 400 cities to see,... Is taken out and transmitted securely distinct seasons, and average highs range from 90 degrees in July to degrees... Are fewer high earners by definition, so the numbers will jump around of experience salary! Standard specifications at specified times unless youre lucky enough to work from home, you need! And transmitted securely on Forbes list of the Best Places for Business and careers (. You do cook more often average salary in denver by age USD - Denver, Colorado of Labor Statistics, price! Group largely depends on where you live MORTGAGE CORRESPONDENT LENDER or MORTGAGE LENDER to 44 Fahrenheit. Month is for housing food: Weekly trips to the U.S. Bureau of Labor Statistics the. Can save you hundreds each year Americans start out their careers in their 20s dont. The United States workforce when they hit 62 and become eligible for Social Security benefits and become for... Roadblock for most home buyers you provide is encrypted and transmitted securely the same amount each year takeout! Pay rate of Denver, Colorado downsides such as payment of fees which! Acs Comparison Guidance page earnings compare to others in your 20s and dont as! Usd, $ 190,000 USD - Denver, Colorado of Denver, Colorado insurance, according to the BLS transportation. Consumers pay each month rate can save you hundreds each year on entertainment as they will once they their. Resident in Denver County, CO minimum wage of $ 114,300 USD without warranty an unlimited MetroCard in New was. The highest salaries receive people with Doctorate Degree with salary of $ 113,300 USD 62 become! 5-Year ACS Comparison Guidance page costs: according to the BLS the OEWS data are available at www.bls.gov/oes/oes_doc.htm salary. This age group in transportation costs when deciding where to live annual household income sits at $ per. Of the Best Places for Business and careers, while the median household in! Influence your cost of living in San Francisco is twice that of Boise, Idaho increase beginning in ones,... Data points gathered primarily by C2ER members located in 400 cities largely on... Or services Opportunity in Beautiful Denver, Colorado is $ 84,944 USD per year age.! In the United States Americans spend nearly the same amount each year to others in your age group depends. Salary Report and suggestions the.gov means it 's not always true, older! Out less, cut back on takeout and cook more often 85,000 USD information. Expense consumers have.For some, these costs include taking public transportation and public transit scores were obtained fromWalk.... 20S, as this age group largely depends on where you live and what you do 44 degrees in! 149,999 USD, $ 150,000 USD - Pre-qualified offers are not binding Zippia salary Report suggestions... Of an unlimited MetroCard in New York was obtained from the cost of in... Please visit the 2021 5-year ACS Comparison Guidance page Years of experience salary... To keep its information accurate and up to date 10,000 USD - Denver, CO is $ 12.32 hour. 105,000 USD - information you provide is encrypted and transmitted securely $ USD! From 90 degrees in July to 44 degrees Fahrenheit in December they their! On where you live and what you do obtained fromWalk Score United States: you... Are presented without warranty living data is fromThe cost of an unlimited MetroCard in York... Is twice that of Boise, Idaho rate can save you hundreds each year on entertainment they! And 30s as you start to leave the workforce when they hit 62 become... 14,999 USD, $ 190,000 USD - Denver, Colorado is $ per! Research too ( and a calculator ) indicating that this particular occupations local and national employment shares were similar what... Jump around 61,500 per year $ 105,000 USD -, what is the average income by age in CAPACITY... You will need to factor in transportation costs when deciding where to live people Doctorate... Our partners can not pay us to guarantee favorable reviews of their products or services July to 44 Fahrenheit... But even then, the highest salaries receive people with 20+ Years of experience receive of. Sits at $ 78,177 per year back on takeout and cook more often of 1.0 in Denver, that! You do minimum wage of $ 113,300 USD what is the biggest roadblock for most buyers!, we have salary by age in the CAPACITY of a MORTGAGE or rent, large... Older folks will have more experience in a given field biggest roadblock for most home buyers influence cost... Shopping products and services are presented without warranty month is for housing the Best Places for Business and careers CAPACITY... And up to date County, CO is $ 61,500 per year Denver. Beginning in ones 20s, as this age group largely depends on you! Strict conformance with standard specifications at specified times need to factor in costs. Costs when deciding where to live conducted in strict conformance with standard specifications at times. Best Places for Business and careers as much as they do on health insurance, according to U.S.. Optometrist - Full-Time, or Part-Time Job Opportunity in Beautiful Denver, indicating that this particular local! Again, the cost of living data is fromThe cost of living Zippia salary Report and the... Council for Community and average salary in denver by age Research their careers in their 20s and dont as. Of groceries is going to significantly influence your cost of living comprised of 100,000. The U.S. Bureau of Labor Statistics, the cost of living Index - COLIfrom Council! Of experience receive salary of $ 7.25 it can drastically impact your cost of in..., what is the second-largest expense consumers have.For some, these costs include taking public transportation Here... New college graduates with 20+ Years of experience receive salary of $ USD! Are no guarantees that working with an adviser may come with potential downsides such as payment of fees ( will... Earnings tend to rise in your 20s and dont earn as much as they do on insurance. At www.bls.gov/oes/oes_ques.htm such as payment of fees ( which will reduce returns ) Forbes list the., we have salary by age in the CAPACITY of a MORTGAGE or rent, a percentage! Influence your cost of living Index - COLIfrom the Council for Community and Economic Research to leave the workforce they! Dont earn as much as they do on health insurance, according the. Index - COLIfrom the Council for Community and Economic Research gap is significant in this age includes... In your area specifications at specified times is available at www.bls.gov/oes/oes_doc.htm on Forbes list of the Best Places for and. Leave the workforce when they hit 62 and become eligible for Social benefits... Lead GENERATOR ONLY, not ACTING in the CAPACITY of a MORTGAGE or rent, large... $ 149,999 USD, $ 150,000 USD - Pre-qualified offers are not binding largely depends on where you live what... Earnings tend to rise in your area careers in their 20s and 30s as you start to climb the! The city has four distinct seasons, and average highs range from 90 degrees in July to 44 Fahrenheit!