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salary information

Salary Information for a Payroll Analyst in Denver, CO

Median salary:

This data reflects Total Cash for a Level 6 Payroll Analyst at a mid-size company. To get more detailed information on total compensation for the role of Payroll Analyst in Denver, CO, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Payroll Analyst in Denver, CO?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

71.8

Total Comp (TC)

Cost of Living (COL) Index
71.8
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Payroll Analyst in Denver, CO?

The Payroll Analyst is responsible for accurately processing payroll, ensuring compliance with applicable laws and regulations, maintaining employee records, analyzing payroll data, and providing support to management and employees regarding payroll-related inquiries. They must maintain confidentiality, attention to detail, manage multiple priorities, and collaborate with cross-functional teams to drive continuous improvement in payroll processes.

What are the characteristics of a level 6 Payroll Analyst?

A level 6 Payroll Analyst in Denver, CO is a superstar! They are critically important to growth and product development. There are only a handful of indivduals at this level throughout the company. They shape and develop department objectives from company strategies. Average experience 15 years.

Payroll Analyst

Benchmark Role

Individual Contributor

Job Type

Payroll

Job Family

Business

Job Area

Quality of Life in Denver, CO with an Annual Income of $152,575

Overview of Cost of Living

  • Cost Index: Denver's cost of living is approximately 12% higher than the national average.
  • Utilities: Slightly above average, with a focus on energy-efficient solutions in many residences.
  • Groceries and Dining: Prices are moderately higher, reflecting Denver's bustling culinary scene.
  • Transportation: Costs align closely with the national average, but public transit can be less comprehensive than other major cities.

Housing Market

  • Median Home Price: As of recent data, the median home price in Denver is around $600,000, significantly above the US median.
  • Rental Market: Average rent prices remain high, reflecting demand and limited supply.
  • Affordability: The income of $152,575 allows for comfortable housing options, but first-time buyers may need to navigate competitive bidding.

Quality of Life

  • Lifestyle: Known for a strong emphasis on outdoor activities, residents often enjoy hiking, skiing, and biking.
  • Work-Life Balance: Many companies promote flexible working hours, which complements the active lifestyle.
  • Cultural Scene: A vibrant downtown offers museums, theatres, and a rich nightlife, contributing to a well-rounded living experience.

Access to Healthcare

  • Healthcare Quality: Denver hosts several renowned medical centers and hospitals.
  • Healthcare Costs: Generally in line with national averages, offering good insurance plan options for residents.
  • Availability: A wide range of specialists and services are readily accessible, ensuring comprehensive care.

Quality of K-12 Schools

  • Public Schools: Mixed reviews; however, some districts are noted for strong academic performances, particularly in STEM subjects.
  • Private and Charter Schools: An abundance of private and charter options provide alternatives for tailored educational experiences.
  • Community Involvement: Active parental and community participation bolsters educational quality and extracurricular opportunities.

Income Utilization

  • Savings and Investment: With disciplined financial management, residents can ensure substantial savings and investment for future goals.
  • Discretionary Spending: Discretionary income allows for enjoying local amenities and contributing to a robust lifestyle.

Overall, an annual income of $152,575 enables a comfortable and active lifestyle in Denver, CO, with the ability to enjoy the city's amenities, maintain quality housing, and invest in

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OpenComp aggregates multiple data sources to provide accurate salary data for Denver, CO, specifically for a Level 6 Payroll Analyst. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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