What Is A Good Salary In Denver? A Comprehensive Guide
How Much Do You Make? Denver, Co📍Salary Transparent Street™️
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Is $100,000 A Good Salary In Denver?
Is a $100,000 annual salary sufficient for a comfortable lifestyle in Denver? According to a study conducted by GoBankingRates.com, this income level may not be considered ideal in one of America’s 50 largest cities. Denver, in particular, was ranked as the 13th least favorable city for individuals earning $100,000. This suggests that, in terms of cost of living and overall financial well-being, Denver may not be the most favorable choice for those with this income level. This information was reported on May 24, 2019.
Is $200,000 A Good Salary In Denver?
Is $200,000 considered a sufficient salary for a comfortable lifestyle in Denver? To thrive in a city like Denver, it’s generally advisable for a household to have an income exceeding $200,000. This amount is influenced by the cost of living, which includes housing, transportation, healthcare, and other expenses, all of which tend to be relatively high in Denver compared to many other U.S. cities. Therefore, having a higher income can help ensure a better quality of life and financial security in this metropolitan area.
What Is Considered A High Salary In Colorado?
What constitutes a high salary in Colorado? To qualify as part of the top 1% of earners in the state, your annual income should be at least $709,092, as per a comprehensive analysis of IRS data conducted by SmartAsset. This figure ranks Colorado seventh among all U.S. states for high-earning thresholds in the year 2020. To put it into perspective, it surpasses the national average household income by approximately $56,000, which stood at $652,657.23 as of August 8, 2023.
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The folks at the personal finance site GoBankingRates.com looked at where a $100K income would be considered “good” in America’s 50 largest cities. Denver was not one of them. Denver was rated the 13th-worst city in which to survive for those earning $100,000.I think to live well in a city like Denver, your household income should be greater than $200k.You need to make at least $709,092 a year to be among the top 1% of earners in Colorado, according to a recent SmartAsset analysis of IRS data. By the numbers: That’s the seventh highest amount among all states in 2020 — and roughly $56,000 more than the national household figure of $652,657.
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $96,470 | $8,039 |
| 75th Percentile | $86,303 | $7,191 |
| Average | $67,378 | $5,614 |
| 25th Percentile | $48,454 | $4,037 |
Learn more about the topic What is a good salary in Denver.
- What is the average salaries in denver, co? – ZipRecruiter
- Here’s Just How Far $100K Goes In Denver – Patch
- What is considered good salary for living in Denver for a family of 4?
- How much Colorado’s top 1% of earners make – Axios Denver
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- What’s a ‘middle class’ income in Denver these days? – KDVR
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