SalaryNode

Average Physicians, All Other Salary in Denver-Aurora-Centennial, CO

Physicians in the Denver-Aurora-Centennial, CO area command an impressive average annual salary of $288,230, significantly outpacing the national average of $256,170. This elevated compensation is likely driven by a combination of the region's robust healthcare infrastructure, high demand for specialized medical services, and the overall economic vitality of the Denver metropolitan area.

Executive Summary

  • Average Salary: $288,230 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $432,345.
  • Outlook: With a local workforce of 1,430 Physicians, All Other, and a Location Quotient of 0.43, the job market in Denver-Aurora-Centennial indicates a slightly lower concentration compared to the national average. However, the presence of nearly 1,500 professionals suggests a substantial and established medical community, implying consistent opportunities for skilled physicians.
2024 Market Data

Salary Overview

$288,230

The average Physicians, All Other in Denver-Aurora-Centennial, CO earns+12.5%above the national average.

BreakdownBased on 40h/week
Hourly

$138.6

Weekly

$5,543

Monthly

$24,019

Physicians, All Other Salary Distribution in Denver-Aurora-Centennial, CO

Salary progression for Physicians, All Other typically scales significantly with experience. Entry-level physicians can expect compensation towards the lower percentiles, while seasoned professionals with extensive experience and specialized skills will command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects the accumulation of expertise, responsibility, and demonstrated value within the medical field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$191,650$92.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$216,173$103.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$288,226$138.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$360,288$173.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$432,345$207.9

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$288,230

Gross Pay

Real Wage (Purchasing Power)

$288,230

Adjusted for COL (100)

The nominal average salary of $288,230 in Denver-Aurora-Centennial aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a physician's salary in this area is equivalent to the national average, suggesting that while the absolute salary is high, the cost of living does not inflate or deflate its real value significantly compared to other regions.

Job Market Context

1,430

Total Jobs

0.882

Per 1K Jobs

0.43

Location Quotient

Low Concentration

At 0.43x, Denver-Aurora-Centennial, CO 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 0.43 suggests that Physicians, All Other are less concentrated in the Denver-Aurora-Centennial area compared to the national average. This could indicate a less saturated market relative to other professions or regions, potentially leading to a more competitive environment for job seekers or a higher demand for specialized skills to fill the existing roles within the workforce.

Nearby Job Markets

Nearby Cities for Physicians, All Other

Comparing salaries near Denver-Aurora-Centennial, CO

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Denver-Aurora-Centennial, CO?

The median annual salary for a Physicians, All Other in Denver-Aurora-Centennial, CO is $288,230. This typically ranges from $191,650 for entry-level positions to $432,345 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 12.5% higher than the national median of $256,170.

Is Denver-Aurora-Centennial, CO a lucrative place for Physicians, All Others?

Yes, Denver-Aurora-Centennial, CO is a lucrative location for Physicians, All Other.Physicians in this area earn significantly above the national average salary, and the cost of living is on par with the national average, indicating strong earning potential.

Is Denver-Aurora-Centennial, CO a good place to live for Physicians, All Others?

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 Northwest Colorado nonmetropolitan area ($330,560) and Southwest Colorado nonmetropolitan area.

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

Physicians in Denver-Aurora-Centennial earn an average of $288,230 annually, which is $32,060 more than the national average of $256,170.

What is the concentration of Physicians, All Other in Denver-Aurora-Centennial?

The concentration, measured by the Location Quotient, is 0.43, indicating that this profession is less concentrated in Denver-Aurora-Centennial compared to the national average.

How does the cost of living affect physician salaries in Denver-Aurora-Centennial?

The cost of living in Denver-Aurora-Centennial is exactly at the national average (index of 100), meaning the higher nominal salary translates directly to average purchasing power.

What does the number of jobs per 1,000 workers suggest for physicians in Denver?

With 0.882 jobs per 1,000 workers, it suggests a moderate presence of physician roles within the overall local employment landscape.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,430 employees in the Denver-Aurora-Centennial, CO area with a job density of 0.882 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.