Salaries in Colorado
Compare average salaries across 1 major metro areas in Colorado. Find the highest paying cities and explore salary data for 80+ occupations.
State Average
$89,734
across all occupations
Highest Paying City
$89,734
Denver
Minimum Wage
$14.42/hr
Above federal
Income Tax
4.4%
Flat rate
Working in Colorado: Salary Context
Minimum Wage
The minimum wage in Colorado is $14.42/hour (99% above the federal minimum of $7.25). The average salary in Colorado is 3.0x the minimum wage.
Major Industries
Colorado's economy is driven by Technology, Aerospace, Energy, with additional strength in Tourism, Agriculture, Brewing, Cannabis.
Tax Considerations
Colorado has relatively low income taxes (max 4.4%), which can boost your take-home pay compared to high-tax states.
Top Paying Occupations in Colorado
Metro Areas in Colorado
Denver, CO
$89,734
avg salary
Frequently Asked Questions About Colorado Salaries
What is the average salary in Colorado?
The average salary across all occupations and metro areas in Colorado is approximately $89,734 per year. However, salaries vary significantly by occupation, city, and experience level. Denver, CO has the highest average salaries ($89,734) while Denver, CO has lower average salaries ($89,734).
What is the minimum wage in Colorado?
The minimum wage in Colorado is $14.42 per hour, which is 99% higher than the federal minimum wage of $7.25. At full-time hours, this equals approximately $29,994 per year before taxes.
Does Colorado have state income tax?
Yes, Colorado has state income tax with rates of 4.4% flat rate. This should be factored into salary comparisons with states that have no income tax.
What industries are biggest in Colorado?
Colorado's major industries include Technology, Aerospace, Energy, Tourism, Agriculture, Brewing, Cannabis. These industries drive employment and salary levels across the state's 1 metro areas. Workers in these sectors may find more job opportunities and higher salaries.