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Average Dermatologists Salary in Colorado

Dermatologists in Colorado earn an impressive average annual salary of $335,880. This figure is slightly below the national average of $350,320, but regional economic factors and demand within the state play a significant role in shaping compensation for these specialized medical professionals.

Executive Summary

  • Average Salary: $335,880 per year.
  • Growth Trend: Salaries have shifted 48.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $503,820.
  • Outlook: The Colorado dermatology job market, with a total local workforce of 240 professionals, indicates a stable yet specialized field. The Location Quotient of 1.25 suggests a slightly higher concentration of dermatologists in Colorado compared to the national average, implying a healthy demand for their services within the state.
2024 Market Data

Salary Overview

$335,880

The average Dermatologists in Colorado earns-4.1%below the national average.

BreakdownBased on 40h/week
Hourly

$161.5

Weekly

$6,459

Monthly

$27,990

Dermatologists Salary Distribution in Colorado

The salary progression for dermatologists in Colorado typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more. The gap between the lower and higher salary percentiles clearly signifies the career advancement and earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$140,920$67.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$251,910$121.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$335,878$161.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$419,850$201.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$503,820$242.2

Detailed Dermatologists Market Analysis

Relocation Context

Nominal Salary

$335,880

Gross Pay

Real Wage (Purchasing Power)

$318,370

Adjusted for COL (105.5)

A nominal salary of $335,880 in Colorado is impacted by a Cost of Living Index of 105.5, which is 5.5% higher than the national average. This means that while the absolute salary is robust, the purchasing power of that income is slightly diminished when compared to areas with a lower cost of living. However, the strong salary may still offer a good quality of life relative to the higher expenses.

Job Market Context

240

Total Jobs

0.082

Per 1K Jobs

1.25

Location Quotient

Above Average

With a location quotient of 1.25, Colorado has a slightly higher-than-average concentration of Dermatologists roles compared to the national norm.

Colorado's Location Quotient of 1.25 for dermatologists indicates a market that is 25% more concentrated than the national average. This suggests that while there is a notable presence of dermatologists, the demand may be keeping pace, making it a competitive yet potentially rewarding market for practitioners. It implies that the state attracts and retains a significant number of these specialists.

Nearby Job Markets

Nearby Cities for Dermatologists

CitySalaryDist.
Colorado Springs, CO Dermatologists Salary$356,810↑ 6%32 mi
Denver-Aurora-Centennial, CO Dermatologists Salary$262,270↓ 22%54 mi

Comparing salaries near Colorado

Hiring Dermatologistss?

Frequently Asked Questions

How much does a Dermatologists make in Colorado?

The median annual salary for a Dermatologists in Colorado is $335,880. This typically ranges from $140,920 for entry-level positions to $503,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Colorado is 4.1% lower than the national median of $350,320.

Is Colorado a lucrative place for Dermatologists?

Yes, Colorado offers a lucrative environment for Dermatologists.The average salary of $335,880 is substantial, and the Location Quotient of 1.25 suggests a strong presence and demand for these specialists within the state.

Is Colorado a good place to live for Dermatologists?

The Cost of Living Index in Colorado is 105.5. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Colorado?

Some top paying nearby cities include Colorado Springs, CO ($356,810) and Denver-Aurora-Centennial, CO.

How does Colorado's dermatologist salary compare to the national average?

Dermatologists in Colorado earn an average of $335,880 annually, which is slightly lower than the national average of $350,320.

What is the concentration of dermatologists in Colorado?

Colorado has a Location Quotient of 1.25 for dermatologists, indicating a concentration that is 25% higher than the national average.

How does the cost of living affect a dermatologist's salary in Colorado?

With a Cost of Living Index of 105.5, Colorado is 5.5% more expensive than the national average, meaning the $335,880 salary has slightly less purchasing power than in a lower-cost area.

What does the job market look like for dermatologists in Colorado?

The market is specialized with a local workforce of 240, and a Location Quotient above 1.0 suggests a healthy demand for dermatological services within the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Colorado area with a job density of 0.082 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Dermatologists • Data source: BLS OEWS 2024 •Jobs in Colorado