Salary & Cost of Living in Northglenn, CO
Northglenn, CO: $62,646 median salary, cost of living index 98.3, $14.42/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$62,646
$30/hr
Cost of Living
98.3
US avg = 100
Minimum Wage
$14.42
per hour
Unemployment
3.7%
rate
Northglenn, CO Overview
Population
39,000
Median Salary
$62,646
Average Salary
$70,164
Avg Commute
18 min
Median Home Price
$512,000
Median Rent
$2,068/mo
Job Growth
+2.2%
Sales Tax
2.9%
Northglenn is located in Colorado with a population of 39,000. The median household salary is $62,646 per year ($30/hour), which is $3,262 above the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +2.2%.
Northglenn Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Northglenn, CO, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$49,618
$4,134.84/month · $1,908.39/biweekly · Effective Rate: 20.8%
Gross Pay
$62,646
Federal Tax
-$5,479
State Tax
-$2,756
Local Tax
$0
FICA
-$4,792
Net Pay
$49,618
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,220.50 | $62,646.00 |
| Federal Income Tax | -$456.59 | -$5,479.02 |
| Colorado State Tax (4.4%) | -$229.70 | -$2,756.42 |
| Social Security (6.2%) | -$323.67 | -$3,884.05 |
| Medicare (1.45%) | -$75.70 | -$908.37 |
| Net Take-Home Pay | $4,134.84 | $49,618.14 |
Salary Comparison: Northglenn vs Other Cities
See how Northglenn's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Northglenn, CO | $62,646 | 98.3 | $63,729 |
| National Average | $59,384 | 100 | $59,384 |
| Colton, CA | $62,681 | 159.6 | $39,274 |
| Springfield, OR | $62,700 | 120.3 | $52,120 |
| Eden Prairie, MN | $62,787 | 99 | $63,421 |
| Barnstable, MA | $62,488 | 125.3 | $49,871 |
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 Northglenn
Northglenn's cost of living index is 98.3 (national average = 100). Living in Northglenn is 1.7000000000000028% less expensive than the national average.
Median Home Price
$512,000
Median Monthly Rent
$2,068
Annual Rent Cost
$24,816
Your Salary's Purchasing Power
Your $49,618 annual take-home pay in Northglenn has the purchasing power of approximately $50,476 in an average-cost US area. Your $62,646 salary stretches further here than in most US cities.
Top Industries in Northglenn
Northglenn's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $62,646.
Salary Tips for Northglenn Workers
- Research top industries. Northglenn's top industries include Technology, Aerospace, Energy. Targeting roles in these sectors can help you earn above the $62,646 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 Northglenn, CO?
The median salary in Northglenn, CO is $62,646 per year, or $30 per hour. The average salary is $70,164. This is $3,262 above the national median of $59,384.
What is the cost of living in Northglenn, CO?
Northglenn's cost of living index is 98.3 (national average = 100), meaning it is 1.7000000000000028% less expensive compared to the national average. The median home price is $512,000 and the median monthly rent is $2,068.
What are the best industries in Northglenn?
The top industries in Northglenn, CO include Technology, Aerospace, Energy. The city has a job growth rate of 2.2% and an unemployment rate of 3.7%. Workers in these industries often earn above the city's median salary of $62,646.
How does Northglenn's salary compare to other cities?
Northglenn's median salary of $62,646 is 5.5% above the national median of $59,384. However, when adjusted for cost of living (index: 98.3), the real purchasing power is approximately $63,729.
What is the minimum wage in Northglenn, CO?
The minimum wage in Northglenn, CO is $14.42 per hour. This equals approximately $29,994 per year for a full-time worker (40 hours/week). This is $7.17 above the federal minimum wage of $7.25/hour.