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This question is about Denver, CO.
What is a good salary in Denver, CO?
A good salary in Denver, CO is anything over $51,000. That's because the median income in Denver is $51,000, which means if you earn more than that you're earning more than 50% of the people living in Denver. The average salary in Denver is $60,774.
A good hourly wage in Denver is $24.52 per hour. That works out to a good weekly wage of $980 per week and a good monthly wage of $4,250 per month. However, using the median income is only one way to calculate a good salary in Denver.
Another way to calculate a good salary in Denver is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $390,600, a good salary in Denver would be $78,120.
Lastly, we can determine a good salary in Denver by looking at the cost of living and comparing it to the US average salary. The cost of living in Denver is 15% higher than than the national average. The national average salary is $56,310, so a good salary in Denver is anything over $65,319 by this measure.
Average Annual Salary in Denver, CO
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $24,000 | $2,000 | $461 | $11.54 |
| 25th | $34,000 | $2,833 | $653 | $16.35 |
| Median | $51,000 | $4,250 | $980 | $24.52 |
| 75th | $75,000 | $6,250 | $1,442 | $36.06 |
| 90th | $108,000 | $9,000 | $2,076 | $51.92 |
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