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Average Physicians, All Other Salary in Colorado

Physicians in Colorado earn a substantial average annual salary of $294,950, significantly exceeding the national average of $256,170. This elevated compensation reflects a combination of factors, including the state's demand for specialized medical expertise and potentially higher operational costs within the healthcare sector.

Executive Summary

  • Average Salary: $294,950 per year.
  • Growth Trend: Salaries have shifted 9.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $442,425.
  • Outlook: With a local workforce of 2,210 Physicians, All Other, Colorado demonstrates a notable presence in this field. The Location Quotient of 0.37 suggests that while not as concentrated as the national average, the state still maintains a relevant pool of these professionals, indicating a steady demand for their services within the healthcare ecosystem.
2024 Market Data

Salary Overview

$294,950

The average Physicians, All Other in Colorado earns+15.1%above the national average.

BreakdownBased on 40h/week
Hourly

$141.8

Weekly

$5,672

Monthly

$24,579

Physicians, All Other Salary Distribution in Colorado

The salary trajectory for Physicians, All Other in Colorado typically scales significantly with experience. Entry-level positions may start at a lower percentile, but as professionals gain years of practice and specialized skills, their earning potential can climb into the higher percentiles, reflecting increased expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$176,610$84.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$221,213$106.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$294,944$141.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$368,688$177.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$442,425$212.7

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$294,950

Gross Pay

Real Wage (Purchasing Power)

$279,573

Adjusted for COL (105.5)

The average annual salary of $294,950 in Colorado presents a strong nominal income. However, with a Cost of Living Index of 105.5, which is 5.5% above the national average, a portion of this higher salary is offset by increased daily expenses, making careful budgeting essential for residents.

Job Market Context

2,210

Total Jobs

0.764

Per 1K Jobs

0.37

Location Quotient

Low Concentration

At 0.37x, Colorado has a notably lower concentration of Physicians, All Other jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.37 indicates that Physicians, All Other are less concentrated in Colorado compared to the national average. This suggests that while the state employs a considerable number of these professionals, the market may not be saturated, potentially leading to competitive opportunities for skilled individuals seeking employment.

Nearby Job Markets

Nearby Cities for Physicians, All Other

CitySalaryDist.
Colorado Springs, CO Physicians, All Other Salary$307,500↑ 4%32 mi
Denver-Aurora-Centennial, CO Physicians, All Other Salary$288,230↓ 2%54 mi
Pueblo, CO Physicians, All Other Salary$273,860↓ 7%66 mi

Comparing salaries near Colorado

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Colorado?

The median annual salary for a Physicians, All Other in Colorado is $294,950. This typically ranges from $176,610 for entry-level positions to $442,425 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Colorado is 15.1% higher than the national median of $256,170.

Is Colorado a lucrative place for Physicians, All Others?

Yes, Colorado offers a lucrative environment for Physicians, All Other.The average salary significantly surpasses the national average, and while the cost of living is slightly higher, the nominal income provides substantial earning potential.

Is Colorado a good place to live for Physicians, All Others?

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 ($307,500) and Denver-Aurora-Centennial, CO.

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

Physicians in Colorado earn an average of $294,950 annually, which is considerably higher than the national average of $256,170.

What is the concentration of Physicians, All Other in Colorado?

The concentration, measured by the Location Quotient, is 0.37, indicating that this profession is less concentrated in Colorado compared to the national average.

How does the cost of living in Colorado affect the physician salary?

Colorado's Cost of Living Index is 105.5, meaning it is 5.5% more expensive than the national average. This higher cost of living partially offsets the higher nominal salary.

What is the total number of Physicians, All Other employed in Colorado?

There are approximately 2,210 Physicians, All Other employed within the state of Colorado.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,210 employees in the Colorado area with a job density of 0.764 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Colorado