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Average Data Scientists Salary in Denver-Aurora-Centennial, CO

In Denver-Aurora-Centennial, CO, Data Scientists earn an average annual salary of $115,540. This figure is slightly below the national average of $126,010, suggesting a localized compensation structure influenced by regional economic factors and the specific demand within the Denver metropolitan area for these specialized roles.

Executive Summary

  • Average Salary: $115,540 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $169,220.
  • Outlook: The Denver-Aurora-Centennial area demonstrates a robust job market for Data Scientists, evidenced by a substantial local workforce of 4,940 professionals. The Location Quotient of 2.02 indicates a significantly higher concentration of Data Scientists compared to the national average, signaling strong and sustained demand for their expertise within the region.
2024 Market Data

Salary Overview

$115,540

The average Data Scientists in Denver-Aurora-Centennial, CO earns-8.3%below the national average.

BreakdownBased on 40h/week
Hourly

$55.6

Weekly

$2,222

Monthly

$9,628

Data Scientists Salary Distribution in Denver-Aurora-Centennial, CO

Salary progression for Data Scientists in Denver-Aurora-Centennial typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while senior Data Scientists, with their advanced skills and proven track records, command salaries in the higher percentiles, reflecting a clear career growth path and increasing value to employers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$67,330$32.4
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$86,655$41.7
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$105,380$50.7
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$144,425$69.4
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$169,220$81.4

Detailed Data Scientists Market Analysis

Relocation Context

Nominal Salary

$115,540

Gross Pay

Real Wage (Purchasing Power)

$115,540

Adjusted for COL (100)

The nominal average salary of $115,540 in Denver-Aurora-Centennial aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is slightly lower than the national average, the purchasing power of that salary locally is equivalent to the national average, offering stable financial prospects for professionals.

Job Market Context

4,940

Total Jobs

3.051

Per 1K Jobs

2.02

Location Quotient

Major Hub

Denver-Aurora-Centennial, CO has 2.0x the national concentration of Data Scientists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 2.02, Denver-Aurora-Centennial presents a highly concentrated market for Data Scientists, more than double the national average concentration. This suggests a competitive yet abundant job market where demand is strong, and employers actively seek specialized talent, making it a prime location for those in the field.

Nearby Job Markets

Nearby Cities for Data Scientists

Comparing salaries near Denver-Aurora-Centennial, CO

Hiring Data Scientistss?

Frequently Asked Questions

How much does a Data Scientists make in Denver-Aurora-Centennial, CO?

The median annual salary for a Data Scientists in Denver-Aurora-Centennial, CO is $115,540. This typically ranges from $67,330 for entry-level positions to $169,220 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Denver-Aurora-Centennial, CO is 8.3% lower than the national median of $126,010.

Is Denver-Aurora-Centennial, CO a lucrative place for Data Scientists?

Yes, it offers competitive compensation relative to its cost of living.While the average salary is slightly below the national benchmark, it is balanced by a cost of living index that matches the national average, ensuring strong purchasing power for Data Scientists in the region.

Is Denver-Aurora-Centennial, CO a good place to live for Data Scientists?

The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Denver-Aurora-Centennial, CO?

Some top paying nearby cities include Boulder, CO ($148,570) and Greeley, CO.

How does Denver's Data Scientist salary compare to the national average?

The average salary for Data Scientists in Denver-Aurora-Centennial is $115,540, which is approximately $10,470 less than the national average of $126,010.

What is the concentration of Data Scientists in Denver-Aurora-Centennial?

Denver-Aurora-Centennial has a Location Quotient of 2.02 for Data Scientists, indicating that the concentration of these professionals is more than twice the national average.

How does the Cost of Living in Denver-Aurora-Centennial affect salary value?

The Cost of Living Index in Denver-Aurora-Centennial is 100, which is the national average. This means the $115,540 salary has the same purchasing power as the national average salary.

What does the job market size suggest for Data Scientists in Denver?

With 4,940 Data Scientists in the local workforce and 3.051 jobs per 1,000 workers, the market indicates a significant presence and demand for Data Scientists in the Denver-Aurora-Centennial area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,940 employees in the Denver-Aurora-Centennial, CO area with a job density of 3.051 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.