Average Emergency Medicine Physicians Salary in Colorado
Emergency Medicine Physicians in Colorado earn an impressive average annual salary of $378,530, significantly surpassing the national average of $325,400. This elevated compensation is likely driven by a combination of factors including the state's specific healthcare demands, the specialized nature of emergency medicine, and potentially a competitive market for highly skilled professionals in the region.
Executive Summary
- Average Salary: $378,530 per year.
- Growth Trend: Salaries have shifted 29.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $567,795.
- Outlook: The job market for Emergency Medicine Physicians in Colorado appears robust, with a total local workforce of 910 professionals. The Location Quotient of 1.44 indicates a higher concentration of these roles in Colorado compared to the national average, suggesting a sustained demand that outpaces the general distribution of the workforce.
Salary Overview
The average Emergency Medicine Physicians in Colorado earns+16.3%above the national average.
$182
$7,279
$31,544
Emergency Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the demand for Emergency Medicine Physicians in Colorado has seen consistent growth over the past four years, mirroring national trends. This likely translates to a steady increase in average salaries as healthcare systems compete to attract and retain top talent in this critical field.
Emergency Medicine Physicians Salary Distribution in Colorado
Salary progression for Emergency Medicine Physicians in Colorado typically scales significantly with experience. Entry-level positions will command lower salaries, while senior physicians with extensive experience and specialized skills can expect to reach the higher percentiles of the pay scale. The widening gap between entry-level and senior salaries reflects the value placed on accumulated expertise and leadership within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $182,450 | $87.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $283,898 | $136.5 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $378,539 | $182 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $473,163 | $227.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $567,795 | $273 |
Detailed Emergency Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$378,530
Gross Pay
Real Wage (Purchasing Power)
$358,796
Adjusted for COL (105.5)
The average annual salary of $378,530 in Colorado presents a strong financial standing when considered against the local Cost of Living Index of 105.5. While the cost of living is slightly above the national average, the substantial salary premium for Emergency Medicine Physicians suggests that their purchasing power remains robust, allowing for a comfortable lifestyle.
Job Market Context
910
Total Jobs
0.314
Per 1K Jobs
1.44
Location Quotient
With a location quotient of 1.44, Colorado has a slightly higher-than-average concentration of Emergency Medicine Physicians roles compared to the national norm.
With a Location Quotient of 1.44, Colorado exhibits a notable concentration of Emergency Medicine Physicians relative to the national average. This suggests a market where demand for these specialists is higher than in many other states, potentially leading to a more competitive environment for both employers seeking talent and physicians navigating career opportunities.
Nearby Job Markets
Nearby Cities for Emergency Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Denver-Aurora-Centennial, CO Emergency Medicine Physicians Salary | $329,220↓ 13% | 54 mi |
Comparing salaries near Colorado
Hiring Emergency Medicine Physicianss?
Frequently Asked Questions
How much does a Emergency Medicine Physicians make in Colorado?
The median annual salary for a Emergency Medicine Physicians in Colorado is $378,530. This typically ranges from $182,450 for entry-level positions to $567,795 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado is 16.3% higher than the national median of $325,400.
Is Colorado a lucrative place for Emergency Medicine Physicians?
Yes, Colorado is a lucrative state for Emergency Medicine Physicians.Emergency Medicine Physicians in Colorado earn an average of $378,530 annually, significantly higher than the national average. This strong compensation, even with a slightly elevated cost of living, indicates a highly rewarding career environment.
Is Colorado a good place to live for Emergency Medicine Physicians?
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 Denver-Aurora-Centennial, CO ($329,220) and others.
How does Colorado's average salary compare to the national average for Emergency Medicine Physicians?
Emergency Medicine Physicians in Colorado earn an average of $378,530 annually, which is approximately $53,130 more than the national average of $325,400.
What does the Location Quotient of 1.44 mean for Emergency Medicine Physicians in Colorado?
A Location Quotient of 1.44 signifies that Emergency Medicine Physicians are 44% more concentrated in Colorado than the national average, indicating a higher demand and potentially more job opportunities relative to the overall workforce.
How does the cost of living in Colorado affect the salary of an Emergency Medicine Physician?
Colorado's Cost of Living Index is 105.5, meaning it's 5.5% more expensive than the national average. However, the significantly higher average salary for Emergency Medicine Physicians suggests that their earnings more than compensate for this increased cost.
Is the job market for Emergency Medicine Physicians growing in Colorado?
While specific growth rates aren't provided, the high Location Quotient suggests a strong existing presence and demand for Emergency Medicine Physicians, implying a stable to growing job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 910 employees in the Colorado area with a job density of 0.314 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Emergency Medicine Physicians • Data source: BLS OEWS 2024 •Jobs in Colorado