Salary & Cost of Living in Arvada, CO
Arvada, CO: $72,000 median salary, cost of living index 110, $14.81/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$72,000
$35/hr
Cost of Living
110
US avg = 100
Minimum Wage
$14.81
per hour
Unemployment
2.8%
rate
Arvada, CO Overview
Population
124,402
Median Salary
$72,000
Average Salary
$79,000
Avg Commute
28 min
Median Home Price
$500,000
Median Rent
$1,650/mo
Job Growth
+2%
Sales Tax
8.5%
Arvada is located in Colorado with a population of 124,402. The median household salary is $72,000 per year ($35/hour), which is $12,616 above the national median of $59,384. The average commute time is 28 minutes, and the city has a job growth rate of +2%.
Arvada Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Arvada, CO, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$55,870
$4,655.83/month · $2,148.85/biweekly · Effective Rate: 22.4%
Gross Pay
$72,000
Federal Tax
-$7,454
State Tax
-$3,168
Local Tax
$0
FICA
-$5,508
Net Pay
$55,870
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $6,000.00 | $72,000.00 |
| Federal Income Tax | -$621.17 | -$7,454.00 |
| Colorado State Tax (4.4%) | -$264.00 | -$3,168.00 |
| Social Security (6.2%) | -$372.00 | -$4,464.00 |
| Medicare (1.45%) | -$87.00 | -$1,044.00 |
| Net Take-Home Pay | $4,655.83 | $55,870.00 |
Salary Comparison: Arvada vs Other Cities
See how Arvada's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Arvada, CO | $72,000 | 110 | $65,455 |
| National Average | $59,384 | 100 | $59,384 |
| Chula Vista, CA | $72,000 | 140 | $51,429 |
| Elk Grove, CA | $72,000 | 115 | $62,609 |
| Roseville, CA | $72,000 | 115 | $62,609 |
| Atlanta, GA | $72,000 | 107 | $67,290 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Arvada
Arvada's cost of living index is 110 (national average = 100). Living in Arvada is 10% more expensive than the national average.
Median Home Price
$500,000
Median Monthly Rent
$1,650
Annual Rent Cost
$19,800
Your Salary's Purchasing Power
Your $55,870 annual take-home pay in Arvada has the purchasing power of approximately $50,791 in an average-cost US area. You would need to earn $79,200 in Arvada to match a $72,000 salary in an average-cost city.
Top Industries in Arvada
Arvada's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $72,000.
Salary Tips for Arvada Workers
- Research top industries. Arvada's top industries include Technology, Healthcare, Aerospace. Targeting roles in these sectors can help you earn above the $72,000 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Arvada, CO?
The median salary in Arvada, CO is $72,000 per year, or $35 per hour. The average salary is $79,000. This is $12,616 above the national median of $59,384.
What is the cost of living in Arvada, CO?
Arvada's cost of living index is 110 (national average = 100), meaning it is 10% more expensive compared to the national average. The median home price is $500,000 and the median monthly rent is $1,650.
What are the best industries in Arvada?
The top industries in Arvada, CO include Technology, Healthcare, Aerospace. The city has a job growth rate of 2% and an unemployment rate of 2.8%. Workers in these industries often earn above the city's median salary of $72,000.
How does Arvada's salary compare to other cities?
Arvada's median salary of $72,000 is 21.2% above the national median of $59,384. However, when adjusted for cost of living (index: 110), the real purchasing power is approximately $65,455.
What is the minimum wage in Arvada, CO?
The minimum wage in Arvada, CO is $14.81 per hour. This equals approximately $30,805 per year for a full-time worker (40 hours/week). This is $7.56 above the federal minimum wage of $7.25/hour.