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Software Engineer Salary in Lakewood, CO

How much does a software engineer make in Lakewood? Explore median, entry-level, and senior salaries adjusted for Lakewood's cost of living.

Median Salary
$134,120
per year in Lakewood
Entry Level
$84,230
Starting salary
Senior Level
$181,418
Experienced professionals
Cost of Living
118
18% above national avg

Salary Breakdown by Experience Level

See how software engineer salaries break down across different pay periods in Lakewood.

PeriodEntry LevelMedianSenior
Annual$84,230$134,120$181,418
Monthly$7,019$11,177$15,118
Biweekly$3,240$5,158$6,978
Weekly$1,620$2,579$3,489
Hourly$40$64$87

Lakewood vs National Average

How Lakewood's software engineer salaries compare to national figures.

Lakewood Salary
$134,120
COL Index: 118
National Average
$112,110
COL Index: 100
Difference
+$22,010
Higher in Lakewood

Cost of Living in Lakewood

1-Bedroom Rent
$1,500
per month
Median Income
$62,340
per year
Population
156,605
residents
Rent % of Income
28.9%
median household
Cost of Living Index: 118 — A score of 100 represents the U.S. average. Salaries in Lakewood have been adjusted to account for local cost differences.

About Software Engineer

Overview

Design, develop, and maintain software applications and systems.

Education

Bachelor's degree in Computer Science or related field

Key Skills

JavaScriptPythonSystem DesignAlgorithms

Growth Rate

Expected job growth: +25% over the next decade

Compare Cities: Software Engineer Salary

See Software Engineer salaries in other top cities.

New York, NY
$161,970
+21%
Los Angeles, CA
$155,330
+16%
Chicago, IL
$130,030
-3%
Houston, TX
$127,940
-5%
Phoenix, AZ
$129,600
-3%

Financial Tools to Explore

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Software Engineer Salary in Lakewood, CO — Complete Guide

Median Salary Overview

The median salary for a software engineer in Lakewood, CO is $134,120 per year, adjusted for the local cost of living index of 118. This figure reflects typical earnings for experienced professionals in this role, considering Lakewood's unique economic conditions.

Salary Range and Experience Levels

Entry-level software engineer professionals in Lakewood can expect to earn around $84,230 annually. As professionals gain experience, salaries typically increase, with senior-level software engineers earning approximately $181,418 per year. This represents a 115% increase from entry to senior level.

Cost of Living Adjustment

Lakewood's cost of living index of 118 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Lakewood are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $112,110, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a software engineer's salary in Lakewood typically goes toward housing. With a 1-bedroom apartment averaging $1,500 per month, housing represents about 13.4% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Software Engineers are in growing demand across the United States, with an expected job growth of 25% over the next decade. In Lakewood, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.