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Average Healthcare Social Workers Salary in Fort Collins-Loveland, CO

Healthcare Social Workers in Fort Collins-Loveland, CO, earn an average annual salary of $63,410. This figure is below the national average of $71,920, indicating that local market dynamics and potentially other regional economic factors influence compensation in this Colorado locale. Understanding these local nuances is crucial for professionals in the field.

Executive Summary

  • Average Salary: $63,410 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $93,120.
  • Outlook: The local workforce for Healthcare Social Workers in Fort Collins-Loveland, CO, comprises 260 individuals. With a Location Quotient of 1.25, this suggests a slightly higher concentration of these professionals compared to the national average, implying a stable or potentially growing demand for their specialized skills within the region's healthcare sector.
2024 Market Data

Salary Overview

$63,410

The average Healthcare Social Workers in Fort Collins-Loveland, CO earns-11.8%below the national average.

BreakdownBased on 40h/week
Hourly

$30.5

Weekly

$1,219

Monthly

$5,284

Healthcare Social Workers Salary Distribution in Fort Collins-Loveland, CO

Salary progression for Healthcare Social Workers in Fort Collins-Loveland, CO, is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and specialized certifications can expect to earn considerably more. The widening salary gap between junior and senior roles reflects the value placed on expertise and a proven track record in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$41,300$19.9
Tenured / ProProfessional status. Curriculum development.25% (Junior)$47,558$22.9
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$59,230$28.5
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$79,263$38.1
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$93,120$44.8

Detailed Healthcare Social Workers Market Analysis

Relocation Context

Nominal Salary

$63,410

Gross Pay

Real Wage (Purchasing Power)

$63,410

Adjusted for COL (100)

The average annual salary of $63,410 in Fort Collins-Loveland, CO, 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 this area is comparable to the national average, suggesting that the nominal salary effectively covers the local cost of goods and services without significant advantage or disadvantage.

Job Market Context

260

Total Jobs

1.505

Per 1K Jobs

1.25

Location Quotient

Above Average

With a location quotient of 1.25, Fort Collins-Loveland, CO has a slightly higher-than-average concentration of Healthcare Social Workers roles compared to the national norm.

A Location Quotient of 1.25 for Healthcare Social Workers in Fort Collins-Loveland, CO, indicates that the area has a higher concentration of these professionals than the national average. This suggests a robust job market with potentially more opportunities and a competitive environment for both employers seeking talent and professionals seeking employment.

Nearby Job Markets

Nearby Cities for Healthcare Social Workers

Comparing salaries near Fort Collins-Loveland, CO

Hiring Healthcare Social Workerss?

Frequently Asked Questions

How much does a Healthcare Social Workers make in Fort Collins-Loveland, CO?

The median annual salary for a Healthcare Social Workers in Fort Collins-Loveland, CO is $63,410. This typically ranges from $41,300 for entry-level positions to $93,120 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fort Collins-Loveland, CO is 11.8% lower than the national median of $71,920.

Is Fort Collins-Loveland, CO a lucrative place for Healthcare Social Workers?

Moderately. The salary is slightly below the national average, but the cost of living is also at the national average.While the average salary of $63,410 is less than the national average, the cost of living being exactly at the national average means the purchasing power is comparable. The higher concentration of roles (LQ 1.25) also suggests a healthy job market.

Is Fort Collins-Loveland, CO a good place to live for Healthcare Social Workers?

The Cost of Living Index in Fort Collins-Loveland, CO is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fort Collins-Loveland, CO?

Some top paying nearby cities include Greeley, CO ($59,330) and Boulder, CO.

What is the average salary for a Healthcare Social Worker in Fort Collins-Loveland, CO?

The average annual salary for a Healthcare Social Worker in Fort Collins-Loveland, CO, is $63,410.

How does the Fort Collins-Loveland, CO salary compare to the national average?

The average salary in Fort Collins-Loveland, CO ($63,410) is lower than the national average of $71,920.

What does the Location Quotient of 1.25 mean for Healthcare Social Workers in Fort Collins-Loveland, CO?

A Location Quotient of 1.25 signifies that Healthcare Social Workers are more concentrated in Fort Collins-Loveland, CO, than the national average, indicating a potentially strong local demand and job market for this profession.

How does the cost of living in Fort Collins-Loveland, CO affect the salary?

With a Cost of Living Index of 100, Fort Collins-Loveland, CO, has a cost of living that is exactly at the national average. This means the $63,410 salary has average purchasing power compared to the rest of the country.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Fort Collins-Loveland, CO area with a job density of 1.505 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.