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Average Healthcare Social Workers Salary in Colorado Springs, CO

Healthcare Social Workers in Colorado Springs, CO, earn an average annual salary of $66,190. This figure is slightly below the national average of $71,920, reflecting a localized market dynamic. Factors such as the specific demand within the Colorado Springs healthcare sector and the regional economic conditions contribute to this pay differential.

Executive Summary

  • Average Salary: $66,190 per year.
  • Growth Trend: Salaries have shifted 22.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $92,080.
  • Outlook: The Colorado Springs market for Healthcare Social Workers appears robust, with a total local workforce of 500 professionals. The location quotient of 1.31 indicates a higher concentration of these roles compared to the national average, suggesting a steady demand and a potentially stable job market for skilled individuals in this field.
2024 Market Data

Salary Overview

$66,190

The average Healthcare Social Workers in Colorado Springs, CO earns-8.0%below the national average.

BreakdownBased on 40h/week
Hourly

$31.8

Weekly

$1,273

Monthly

$5,516

Healthcare Social Workers Salary Distribution in Colorado Springs, CO

Career progression for Healthcare Social Workers in Colorado Springs significantly impacts earning potential. Entry-level positions typically start at lower salary percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$43,780$21
Tenured / ProProfessional status. Curriculum development.25% (Junior)$49,643$23.9
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$63,680$30.6
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$82,738$39.8
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$92,080$44.3

Detailed Healthcare Social Workers Market Analysis

Relocation Context

Nominal Salary

$66,190

Gross Pay

Real Wage (Purchasing Power)

$66,190

Adjusted for COL (100)

The average annual salary of $66,190 in Colorado Springs aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Healthcare Social Worker's salary in Colorado Springs is equivalent to the national average, offering a balanced lifestyle without significant financial strain relative to national benchmarks.

Job Market Context

500

Total Jobs

1.579

Per 1K Jobs

1.31

Location Quotient

Above Average

With a location quotient of 1.31, Colorado Springs, CO has a slightly higher-than-average concentration of Healthcare Social Workers roles compared to the national norm.

With a location quotient of 1.31, Colorado Springs demonstrates a notable concentration of Healthcare Social Workers compared to the rest of the United States. This suggests that the job market here is more active and potentially more competitive than the national average, offering ample opportunities for those seeking employment in this specialized field.

Nearby Job Markets

Hiring Healthcare Social Workerss?

Frequently Asked Questions

How much does a Healthcare Social Workers make in Colorado Springs, CO?

The median annual salary for a Healthcare Social Workers in Colorado Springs, CO is $66,190. This typically ranges from $43,780 for entry-level positions to $92,080 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Colorado Springs, CO is 8.0% lower than the national median of $71,920.

Is Colorado Springs, CO a lucrative place for Healthcare Social Workers?

Yes, Colorado Springs offers a competitive environment for Healthcare Social Workers.While the average salary is slightly below the national average, the strong local concentration (LQ 1.31) and a cost of living at the national average indicate a stable and potentially rewarding career path.

Is Colorado Springs, CO a good place to live for Healthcare Social Workers?

The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Colorado Springs, CO?

Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($66,420) and Southwest Colorado nonmetropolitan area.

How does the Colorado Springs salary compare to the national average?

The average annual salary for Healthcare Social Workers in Colorado Springs is $66,190, which is approximately $5,730 less than the national average of $71,920.

What is the concentration of Healthcare Social Workers in Colorado Springs?

Colorado Springs has a location quotient of 1.31 for Healthcare Social Workers, indicating that the profession is 31% more concentrated in this area than the national average.

How does the cost of living in Colorado Springs affect salary perception?

With a Cost of Living Index of 100, Colorado Springs is at the national average. This means the $66,190 salary has the same purchasing power as the national average salary, making it relatively stable.

What does the job market look like for Healthcare Social Workers in Colorado Springs?

The job market appears strong, with 1.579 jobs per 1,000 workers and a higher-than-average concentration of professionals, suggesting consistent demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the Colorado Springs, CO area with a job density of 1.579 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.