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Average Financial Managers Salary in Denver-Aurora-Centennial, CO

Financial Managers in the Denver-Aurora-Centennial, CO metropolitan area earn an impressive average annual salary of $203,790. This figure significantly surpasses the national average of $184,480, indicating a strong demand and potentially higher value placed on financial expertise within this specific region. Factors such as the local economic landscape and industry concentration likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $203,790 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $305,685.
  • Outlook: The Denver-Aurora-Centennial area supports a substantial workforce of 8,190 Financial Managers, with a location quotient of 0.95 suggesting a market that is nearly on par with the national average in terms of concentration. While not exceeding the national average, this robust workforce size indicates a stable and significant presence of financial management roles, pointing to a healthy and consistent demand for these professionals.
2024 Market Data

Salary Overview

$203,790

The average Financial Managers in Denver-Aurora-Centennial, CO earns+10.5%above the national average.

BreakdownBased on 40h/week
Hourly

$98

Weekly

$3,919

Monthly

$16,983

Financial Managers Salary Distribution in Denver-Aurora-Centennial, CO

Salary progression for Financial Managers in Denver-Aurora-Centennial typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive expertise and leadership responsibilities can command salaries in the upper percentiles. The widening gap between these percentiles reflects the substantial career growth and increased earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$120,760$58.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$152,843$73.5
ManagerOversees team, compliance, and project delivery.50% (Median)$177,470$85.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$254,738$122.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$305,685$147

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$203,790

Gross Pay

Real Wage (Purchasing Power)

$203,790

Adjusted for COL (100)

The nominal average salary of $203,790 in Denver-Aurora-Centennial aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the absolute salary is high, the purchasing power of that salary is equivalent to the national average, suggesting that the higher earnings are balanced by the cost of living in the area.

Job Market Context

8,190

Total Jobs

5.061

Per 1K Jobs

0.95

Location Quotient

Below Average

Denver-Aurora-Centennial, CO has 0.95x the national average concentration of Financial Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.95, the Denver-Aurora-Centennial market for Financial Managers is very close to the national average in terms of job concentration. This indicates a competitive yet stable job market where opportunities are readily available, but perhaps not exceptionally abundant compared to the national landscape. Professionals can expect a solid job market without extreme competition or scarcity.

Nearby Job Markets

Nearby Cities for Financial Managers

CitySalaryDist.
Boulder, CO Financial Managers Salary$203,880↑ 0%27 mi
Greeley, CO Financial Managers Salary$192,400↓ 6%45 mi
Northwest Colorado nonmetropolitan area Financial Managers Salary$166,900↓ 18%54 mi
Southwest Colorado nonmetropolitan area Financial Managers Salary$156,300↓ 23%54 mi
Eastern and Southern Colorado nonmetropolitan area Financial Managers Salary$149,860↓ 26%54 mi

Comparing salaries near Denver-Aurora-Centennial, CO

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Denver-Aurora-Centennial, CO?

The median annual salary for a Financial Managers in Denver-Aurora-Centennial, CO is $203,790. This typically ranges from $120,760 for entry-level positions to $305,685 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 10.5% higher than the national median of $184,480.

Is Denver-Aurora-Centennial, CO a lucrative place for Financial Managers?

Yes, it is a lucrative place for Financial Managers.The average salary of $203,790 significantly exceeds the national average, and while the cost of living is at the national average, the higher nominal pay offers strong earning potential.

Is Denver-Aurora-Centennial, CO a good place to live for Financial Managers?

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 ($203,880) and Greeley, CO.

How does the Denver-Aurora-Centennial Financial Manager salary compare to the national average?

The average salary for Financial Managers in Denver-Aurora-Centennial is $203,790, which is notably higher than the national average of $184,480.

What is the concentration of Financial Managers in Denver-Aurora-Centennial compared to the rest of the US?

The Location Quotient of 0.95 indicates that the concentration of Financial Managers in Denver-Aurora-Centennial is very close to the national average, suggesting a balanced job market.

Does the cost of living in Denver-Aurora-Centennial affect the value of the Financial Manager salary?

The Cost of Living Index is 100, which is the national average. This means the higher nominal salary of $203,790 has purchasing power equivalent to the national average, indicating a fair balance.

How many Financial Managers are employed in the Denver-Aurora-Centennial area?

There are approximately 8,190 Financial Managers employed in the Denver-Aurora-Centennial metropolitan area, indicating a substantial local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,190 employees in the Denver-Aurora-Centennial, CO area with a job density of 5.061 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Denver-Aurora-Centennial, CO

Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Denver-Aurora-Centennial, CO