SalaryFact logosalaryfact.comData: BLS OEWS 2024

Colorado Salary Percentile
Calculator

Colorado has a flat 4.4% state income tax and a strong economy anchored by technology, aerospace, energy, and outdoor industries. Denver and Boulder are major tech hubs with some of the fastest salary growth in the Mountain West.

Enter your gross annual salary (pre-tax). Hourly workers: multiply hourly rate by 2,080.

Colorado salary percentiles — 2024

PercentileColoradoNational
10th$17K$15K
25th$30K$26K
50th (median)median$67K$59K
75th$110K$97K
90th$165K$145K
95th$227K$200K
99th$397K$350K

State figures derived from BLS OEWS 2024 state median. National figures from BLS national percentile data.

Key insight

Colorado's state median of $67K is 14% above the national median. Denver's tech and energy sector, combined with Boulder's startup ecosystem, drive wages well above the US average.

Colorado salary — frequently asked questions

What is the median salary in Colorado?

The median annual salary in Colorado is approximately $67K based on 2024 BLS data, above the national median. Denver and Boulder are significantly above the state median, while rural Colorado and smaller mountain towns are well below it.

What is a good salary in Denver?

Denver's rapid growth has pushed costs higher. A salary of $75,000-$85,000 is recommended for comfortable single living in Denver today. The Denver metro's tech and aerospace salaries are strong, but housing affordability has declined significantly as population growth outpaced housing construction.

What industries pay the most in Colorado?

Technology, aerospace and defense (Lockheed Martin, Raytheon, Boeing all have major Colorado operations), energy (both fossil fuels and renewables), and healthcare are the highest-paying sectors in Colorado. The outdoor recreation and tourism industry employs many, but at below-median wages.

How does Colorado income tax work?

Colorado has a flat 4.4% state income tax on all earned income. This is moderate compared to other high-cost states and has been slightly reduced in recent years through the Taxpayer's Bill of Rights (TABOR) refund mechanism. Colorado also has TABOR-required tax refunds when state revenues exceed a cap, which periodically returns money to taxpayers.

Salary percentiles by state