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Average Radiologists Salary in Colorado

Radiologists in Colorado earn a substantial average annual salary of $350,480. While a national average isn't provided for direct comparison, this figure suggests a highly compensated field within the state. Factors such as the specialized nature of radiology, demand for medical expertise, and the state's economic landscape likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $350,480 per year.
  • Growth Trend: Salaries have shifted 4.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $525,720.
  • Outlook: The job market for Radiologists in Colorado appears moderately concentrated, with a local workforce of 240 professionals. The Location Quotient of 0.48 indicates that while not disproportionately represented compared to the national average, there is still a consistent presence of these specialists. The rate of 0.083 jobs per 1,000 workers suggests a stable, albeit not rapidly expanding, demand for radiology services within the state.
2024 Market Data

Salary Overview

$350,480

The average Radiologists in Colorado earns-0.0%below the national average.

BreakdownBased on 40h/week
Hourly

$168.5

Weekly

$6,740

Monthly

$29,207

Radiologists Salary Distribution in Colorado

The salary trajectory for Radiologists in Colorado typically scales significantly with experience. Entry-level positions will command lower compensation, while seasoned professionals with extensive experience and specialized skills can expect to earn considerably more. The widening gap between entry-level and senior-level salaries, often seen across different salary percentiles, clearly signifies substantial career progression and earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$104,650$50.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$262,860$126.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$350,480$168.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$438,100$210.6
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$525,720$252.8

Detailed Radiologists Market Analysis

Relocation Context

Nominal Salary

$350,480

Gross Pay

Real Wage (Purchasing Power)

$332,209

Adjusted for COL (105.5)

The nominal average salary of $350,480 in Colorado presents a strong purchasing power, especially when considered against the state's Cost of Living Index of 105.5. This index indicates that living expenses are only slightly above the national average. Therefore, the high earnings for Radiologists in Colorado likely translate into a comfortable standard of living, allowing for significant disposable income after covering essential costs.

Job Market Context

240

Total Jobs

0.083

Per 1K Jobs

0.48

Location Quotient

Low Concentration

At 0.48x, Colorado has a notably lower concentration of Radiologists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.48, Colorado has a lower concentration of Radiologists compared to the national average. This suggests that the job market may be less saturated, potentially leading to greater opportunities for qualified professionals. While not an area of extreme demand, the presence of 240 specialists indicates a steady need for their services, making it a potentially favorable market for those seeking employment.

Nearby Job Markets

Nearby Cities for Radiologists

CitySalaryDist.
Denver-Aurora-Centennial, CO Radiologists Salary$361,740↑ 3%54 mi

Comparing salaries near Colorado

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Frequently Asked Questions

How much does a Radiologists make in Colorado?

The median annual salary for a Radiologists in Colorado is $350,480. This typically ranges from $104,650 for entry-level positions to $525,720 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Colorado is 0.0% lower than the national median of N/A.

Is Colorado a lucrative place for Radiologists?

Yes, Colorado offers a lucrative environment for Radiologists.The average annual salary of $350,480 is notably high, and the cost of living is only slightly above the national average, indicating strong earning potential and purchasing power.

Is Colorado a good place to live for Radiologists?

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 Denver-Aurora-Centennial, CO ($361,740) and others.

How does the number of Radiologists in Colorado compare nationally?

Colorado has 240 Radiologists, and a Location Quotient of 0.48 suggests a lower concentration of these professionals compared to the national average.

What is the job availability like for Radiologists in Colorado?

There are approximately 0.083 Radiology jobs per 1,000 workers in Colorado, indicating a stable but not rapidly expanding job market.

How does the cost of living in Colorado affect a Radiologist's salary?

With a Cost of Living Index of 105.5, expenses are slightly higher than the national average, but the high salary of $350,480 generally ensures a good standard of living.

What factors contribute to the high salary for Radiologists in Colorado?

The specialized nature of radiology, demand for medical expertise, and the state's economic conditions likely contribute to the elevated compensation for Radiologists in Colorado.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Colorado area with a job density of 0.083 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Radiologists • Data source: BLS OEWS 2024 •Jobs in Colorado