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Salary & Cost of Living in Wheat Ridge, CO

Wheat Ridge, CO: $54,546 median salary, cost of living index 102.4, $14.42/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.

Median Salary

$54,546

$26/hr

Cost of Living

102.4

US avg = 100

Minimum Wage

$14.42

per hour

Unemployment

2.7%

rate

Wheat Ridge, CO Overview

Population

31,889

Median Salary

$54,546

Average Salary

$61,092

Avg Commute

20 min

Median Home Price

$532,000

Median Rent

$2,144/mo

Job Growth

+2.2%

Sales Tax

2.9%

Wheat Ridge is located in Colorado with a population of 31,889. The median household salary is $54,546 per year ($26/hour), which is $4,838 below the national median of $59,384. The average commute time is 20 minutes, and the city has a job growth rate of +2.2%.

Wheat Ridge Salary by Experience Level (2026)

Wage distribution in Wheat Ridge, CO based on BLS percentile breakdown of the $54,546 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.

Experience LevelAnnual SalaryHourly WageYears Exp
Entry-Level$33,819$16.26/hr0–2 years
Mid-Level (Median)$54,546$26.22/hr3–7 years
Senior-Level$77,455$37.23/hr8–15 years
Top 10% (90th Percentile)$97,092$46.67/hr15+ years / leadership

Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.

Wheat Ridge Paycheck Calculator

Enter your annual salary to see your estimated take-home pay in Wheat Ridge, CO, after federal, state, and local taxes.

Estimated Annual Take-Home Pay

$43,466

$3,622.18/month · $1,671.78/biweekly · Effective Rate: 20.3%

Gross Pay

$54,546

Federal Tax

-$4,507

State Tax

-$2,400

Local Tax

$0

FICA

-$4,173

Net Pay

$43,466

Pay Breakdown

Net 79.7%
Federal
State
FICA
Take-Home Federal State FICA
ItemMonthlyAnnual
Gross Salary$4,545.50$54,546.00
Federal Income Tax-$375.59-$4,507.02
Colorado State Tax (4.4%)-$200.00-$2,400.02
Social Security (6.2%)-$281.82-$3,381.85
Medicare (1.45%)-$65.91-$790.92
Net Take-Home Pay$3,622.18$43,466.19

Salary Comparison: Wheat Ridge vs Other Cities

See how Wheat Ridge's median salary and cost of living compare to the national average and similar cities.

CityMedian SalaryCOL IndexAdj. Salary
Wheat Ridge, CO$54,546102.4$53,268
National Average$59,384100$59,384
Bradenton, FL$54,599100.6$54,273
Kyle, TX$54,48886.3$63,138
Linton Hall, VA$54,48096.2$56,632
Sun City, AZ$54,472102.9$52,937

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 Wheat Ridge

Wheat Ridge's cost of living index is 102.4 (national average = 100). Living in Wheat Ridge is 2.4000000000000057% more expensive than the national average.

Median Home Price

$532,000

Median Monthly Rent

$2,144

Annual Rent Cost

$25,728

Your Salary's Purchasing Power

Your $43,466 annual take-home pay in Wheat Ridge has the purchasing power of approximately $42,447 in an average-cost US area. You would need to earn $55,855 in Wheat Ridge to match a $54,546 salary in an average-cost city.

Top Industries in Wheat Ridge

Wheat Ridge's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $54,546.

1Technology
2Aerospace
3Energy
Job Growth: +2.2%Unemployment: 2.7%

Salary Tips for Wheat Ridge Workers

  • Research top industries. Wheat Ridge's top industries include Technology, Aerospace, Energy. Targeting roles in these sectors can help you earn above the $54,546 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.

Methodology & Local Economy Data Sources

How we calculate Wheat Ridge salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Wheat Ridge-CO metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Wheat Ridge indexed at 102.4.

  1. Median salary calculation: weighted average of Wheat Ridge's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $54,546 annual median.
  2. Tax burden reflects Colorado state income tax (4.4%) (no local income tax), sales tax (2.9%), and federal taxes per IRS 2026 brackets.
  3. Unemployment rate for Wheat Ridge: 2.7%, sourced from BLS Local Area Unemployment Statistics (LAUS).
  4. Top industries: Technology, Aerospace, Energy — based on QCEW employment concentration data.
  5. Job growth: 2.2% projected through 2034, derived from BLS Employment Projections program for Colorado.
  6. Housing context: median home price $532,000, median rent $2,144/mo, sourced from Census American Community Survey 5-year estimates.

Authoritative US data sources for Wheat Ridge, CO:

Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Wheat Ridge's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Colorado labor market reports for the most current figures.

Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases

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Frequently Asked Questions

What is the median salary in Wheat Ridge, CO?

The median salary in Wheat Ridge, CO is $54,546 per year, or $26 per hour. The average salary is $61,092. This is $4,838 below the national median of $59,384.

What is the cost of living in Wheat Ridge, CO?

Wheat Ridge's cost of living index is 102.4 (national average = 100), meaning it is 2.4000000000000057% more expensive compared to the national average. The median home price is $532,000 and the median monthly rent is $2,144.

What are the best industries in Wheat Ridge?

The top industries in Wheat Ridge, CO include Technology, Aerospace, Energy. The city has a job growth rate of 2.2% and an unemployment rate of 2.7%. Workers in these industries often earn above the city's median salary of $54,546.

How does Wheat Ridge's salary compare to other cities?

Wheat Ridge's median salary of $54,546 is 8.1% below the national median of $59,384. However, when adjusted for cost of living (index: 102.4), the real purchasing power is approximately $53,268.

What is the minimum wage in Wheat Ridge, CO?

The minimum wage in Wheat Ridge, 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.