RN Salary in Colorado - Expected Wages for Colorado Nurses
The average annual RN salary in Colorado is $67,280, or about $32.35 an hour, according to May 2010 data from the Bureau of Labor Statistics (BLS). This is extremely close to the national average for this profession which is $67,720 or $32.56 an hour. However, the cost of living in Colorado is 7.8% higher than the national average. The median Colorado home costs more than $234,000. These factors could make it more difficult for registered nurses to make a good living in Colorado than in other parts of the country where RN salaries are more in line with the cost of living.
The RN salary in Colorado varies greatly from one end of the scale to the other. According to May 2010 data from the BLS, RNs with earnings above the 90th percentile made more than $89,700 a year. Those above the 75th percentile earned over $77,760 a year. The median annual wage for Colorado registered nurses was $66,170 at the time the data was collected. RN salaries under the 25th percentile were less than $55,670 and those under the 10th percentile were less than $48,690. By percentile, these figures are all over the national average with the exception of the 90th percentile which is $95,130 nationally.
The Denver and Aurora, CO area employs the greatest number of RNs in the state. Approximately 22,170 registered nurses work here. This is more than half of the state's total RNs which number about 41,960 as of May 2010. Among metropolitan areas, this offers the highest RN salary in Colorado. In the Denver and Aurora area, the average annual salary for RNs is $70,130. Those with salaries in the top ten percent made more than $92,370 while those in the bottom ten percent earned under $49,670. Though the cost of living in Denver is 10.1% above the national average, the cost of living in Aurora is only 4% above average.
The Northcentral Colorado nonmetropolitan area of Colorado has the highest RN salary in the state with average annual wages of $70,700. Wages in the top 10 percent in this area are the highest in the state at more than $95,840 a year. This part of Colorado includes Eagle, Grand, Jackson, Lake, Pitkin, Routt and Summit counties. Though earnings in this area are substantial, only 790 registered nurses were employed here as of May 2010. Competition for these high-paying jobs is likely to be intense. RNs who have obtained additional certifications and pursued continuing education in their field will be at the greatest advantage.
What is the average pay for RN in Colorado?
The RN pay scale varies per state throughout the United States.
RN pay scale may also vary by employer.
An individual's compensation may also vary based on work experience.
Colorado RN Salaries
Colorado RNs earn an average of $64,280 per year.
Some RNs in Colorado earn up to $83,710 per year or more.
Colorado RN Hourly Wage
In 2008, the average hourly earnings of Colorado RNs was $30.91.
In some cases, RNs in Colorado earned up to $40.24 per hour or more.
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