Median Salary
$50,825
Above National Avg
Hourly Wage
$24.44
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Of course. Here is a comprehensive career guide for Data Analysts considering a move to Centennial, Colorado.
The Salary Picture: Where Centennial Stands
As a local, I can tell you that Centennial isn't a tech hub like Boulder or a corporate giant like Denver, but that's precisely its strength. It's a stable, affluent suburb with a deep well of established companies that need data-driven insights. For a Data Analyst, this means less volatility and more strategic, business-focused roles.
The data backs this up. The median salary for a Data Analyst in Centennial is $84,735/year, with an hourly rate of $40.74/hour. This sits just slightly above the national average of $83,360/year, which is a telling statistic. It means that while you won't be getting the massive stock options of a Silicon Valley startup, your purchasing power is strong, especially considering the local economy. There are currently 213 Data Analyst jobs listed in the metro area, and the 10-year job growth is projected at a robust 36%, indicating strong, sustained demand.
To give you a clearer picture, hereโs a breakdown of typical salaries by experience level in the Centennial area.
| Experience Level | Typical Years of Experience | Estimated Annual Salary (Centennial) |
|---|---|---|
| Entry-Level | 0-2 years | $65,000 - $75,000 |
| Mid-Level | 2-5 years | $80,000 - $95,000 |
| Senior-Level | 5-10 years | $100,000 - $115,000 |
| Expert / Lead | 10+ years | $120,000+ |
How does this compare to other Colorado cities?
- Denver: Salaries are often 5-10% higher, but the cost of living is significantly steeper, especially for housing closer to the city center. Competition is also fiercer.
- Boulder: Home to many tech startups and the University of Colorado, Boulder offers higher salaries for specialized roles (e.g., data science, research analytics) but has an exceptionally high cost of living.
- Colorado Springs: Salaries trend slightly lower than Centennial, but the cost of living is also lower. The job market is more focused on defense, aerospace, and government contractors.
Centennial offers a "sweet spot"โa competitive salary paired with a relatively manageable cost of living and a stable job market, largely away from the downtown Denver congestion.
๐ Compensation Analysis
๐ Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
A salary number is just a starting point. Let's break down what your budget looks like as a Data Analyst earning the median $84,735 in Centennial.
Monthly Budget Breakdown (Gross: $7,061/month)
- Taxes (Federal, State, FICA): Approximately 25-28%. ~$1,900/month
- Take-Home Pay (after taxes): ~$5,161/month
- Rent (Average 1BR): $1,635/month
- Utilities (Electric, Gas, Internet, Water): $150 - $200/month
- Car Payment/Insurance (Centennial is car-dependent): $400 - $600/month
- Groceries & Household: $400 - $500/month
- Health Insurance (if not fully covered by employer): $200 - $400/month
- Savings & Retirement (10-15%): $500 - $750/month
- Discretionary Spending (Entertainment, Dining, etc.): $500 - $700/month
After essential expenses, you're left with a comfortable buffer for savings and personal spending. The key here is housing. At $1,635/month for a 1BR, rent is roughly 32% of your take-home pay, which is considered affordable by most financial standards.
Can they afford to buy a home?
This is the real question for many moving to Colorado. As of late 2023, the median home price in Centennial hovers around $575,000. For a Data Analyst earning the median salary, this is a stretch.
- Down Payment: A standard 20% down payment would be $115,000.
- Monthly Mortgage: With a 20% down payment on a $575,000 home, your principal and interest alone would be roughly $2,800/month (assuming a 7% interest rate). Add property taxes (~$350/month), homeowners insurance (~$150/month), and potential HOA fees, and you're looking at $3,300+ per month.
This would be over 60% of your monthly take-home pay, which is financially risky. While not impossible with a dual-income household or a significant down payment, buying a home on a single Data Analyst salary in Centennial is challenging. Renting for the first few years is the most prudent path.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Centennial's Major Employers
Centennial's economy is built on a foundation of aerospace, telecommunications, healthcare, and financial services. Unlike a tech monoculture, this diversity provides stability. Here are the major local players where Data Analysts find roles:
Lockheed Martin (Waterton Canyon Campus): This is the colossal anchor of Centennial's economy. The campus is a massive hub for space systems, missile defense, and aeronautics. Data Analysts here work on supply chain logistics, predictive maintenance for aerospace components, and program performance metrics. They are almost always hiring for clearable and non-clearable roles. Insider Tip: Networking here is powerful. The local meetups at the Chrysler Pavilion or nearby breweries are full of Lockheed employees.
Charles Schwab (West Glen Campus): A major employer in the Denver Tech Center (DTC) area, which bleeds into Centennial. Schwab has a huge need for analysts in fraud detection, customer behavior analysis, and operational efficiency. The work is data-heavy, often involving SQL, Python, and Tableau. Insider Tip: They invest heavily in employee training and often sponsor certifications for their analysts.
Centura Health (Littleton Adventist Hospital & others): The healthcare sector is a massive employer. Centura Health, the parent company, operates several facilities in and around Centennial. Data Analysts are crucial for analyzing patient outcomes, optimizing hospital staffing, managing supply costs, and tracking public health metrics. This is a great field for analysts who want their work to have a direct community impact.
Comcast (Denver Market): With a major operational center in the Denver area, Comcast employs data analysts for network performance, customer service optimization, and marketing analytics. The work is at the intersection of telecommunications and big data. Insider Tip: Look for roles in their "Business Intelligence" or "Data & Analytics" departments.
FirstBank: One of Colorado's largest and most trusted banks, headquartered in the Denver area. They have a strong need for analysts in risk management, credit scoring, marketing campaign effectiveness, and regulatory reporting. The environment is more traditional than a tech company but offers excellent stability and benefits.
University of Colorado South Denver Campus (Lone Tree): Located on the southern border of Centennial, this campus is a growing hub for research and continuing education. It can be a source for analyst roles focused on institutional research, student performance data, and grant management.
Hiring Trends: There's a noticeable shift away from pure analytics roles toward "Analytics Engineer" positions. Companies want analysts who can not only query data but also help build and maintain the data pipelines (using tools like dbt, Fivetran, and Airflow). Demonstrating these skills will make you a top candidate.
Getting Licensed in CO
Good news: Data Analyst is not a state-licensed profession in Colorado (unlike accountants, engineers, or realtors). There is no state-mandated license or certification you need to practice.
However, professional certifications are highly valued by employers and can significantly boost your salary potential. The most relevant ones are:
- Google Data Analytics Professional Certificate (Coursera): Excellent for entry-level candidates. Cost: ~$49/month. Timeline: 3-6 months of dedicated study.
- Microsoft Certified: Power BI Data Analyst Associate: Extremely relevant in the corporate world. Cost: ~$165 for the exam. Timeline: 1-3 months of study.
- Tableau Desktop Specialist/Certified Associate: A staple in data visualization. Cost: ~$100-$250 for exams. Timeline: 2-4 months.
- Certified Analytics Professional (CAP): A more advanced, vendor-neutral certification. Requires experience and an exam. Cost: ~$700. Timeline: 6+ months.
State-Specific Costs & Timeline: There are no state-specific licensing costs. Your investment is in the certifications above and potentially a bachelor's degree, which is still the most common entry requirement for Data Analyst roles.
Best Neighborhoods for Data Analysts
Centennial is a sprawling suburb, so your choice of neighborhood can drastically affect your commute and lifestyle. Hereโs a localโs take:
| Neighborhood | Vibe & Commute | Typical 1BR Rent | Why It's Good for a Data Analyst |
|---|---|---|---|
| The Landings | Quiet, family-oriented, centrally located. Close to I-25 and I-225 for commuting to DTC or Lockeed. | $1,650 - $1,850 | Ideal for a balanced lifestyle. Easy access to major employers and Centennial's best parks. |
| Southglenn | Upscale, walkable (near "The Streets at Southglenn"), more social. 20-25 min commute to DTC. | $1,750 - $2,000 | Great for those who want amenities (shops, gyms, restaurants) within walking distance. A bit pricier. |
| Homestead | Classic, established suburb with larger lots. 25-30 min commute to DTC, 20 min to Lockheed. | $1,550 - $1,750 | More affordable, quieter, and great for anyone who values space and a traditional neighborhood feel. |
| Arapahoe Ridge | Mixed housing (apartments and single-family), very central. 15-20 min commute to DTC. | $1,500 - $1,700 | A fantastic value. Central location reduces commute times to almost all major employers. |
| Lone Tree (Bordering) | Technically its own city, but shares the 80124 zip with Centennial. Modern, upscale, corporate feel. | $1,800 - $2,200 | Best for those working at Lockheed or in the DTC. Proximity to the Light Rail is a huge plus for commuting to Denver. |
Insider Tip: The I-25 corridor is the main artery. Living within 2 miles of I-25 (like in The Landings or Southglenn) cuts your commute time significantly compared to living further east toward I-225.
The Long Game: Career Growth
The career path for a Data Analyst in Centennial is less about radical jumps and more about deepening expertise and moving into leadership.
Specialty Premiums:
- Clearance: Having a security clearance (Secret or Top Secret) from work on defense contracts (like with Lockheed) can add a 10-15% premium to your salary.
- Domain Expertise: Becoming a go-to analyst for a specific industry (e.g., aerospace supply chain, healthcare compliance, financial risk) is highly valuable.
- Advanced Tools: Proficiency in Python for statistical analysis (Pandas, Scikit-learn) or cloud data platforms (Snowflake, AWS Redshift) will set you apart and command a higher salary.
Advancement Paths:
- Data Analyst -> Senior Data Analyst -> Analytics Manager: The classic corporate ladder.
- Data Analyst -> Data Engineer: If you enjoy building pipelines and infrastructure more than reporting.
- Data Analyst -> Business Intelligence Developer: Focusing heavily on visualization and dashboard architecture (Power BI, Tableau).
- Data Analyst -> Data Scientist: Requires advanced statistics and ML knowledge, but is a natural progression.
10-Year Outlook: The 36% job growth is a strong signal. The demand will be for analysts who are more than just SQL jockeys. The future belongs to analysts who can communicate insights effectively to non-technical stakeholders, automate their own workflows, and understand the business context behind the data. Centennial's established industries will continue to need these skills, making it a sustainable place for a long-term career.
The Verdict: Is Centennial Right for You?
| Pros | Cons |
|---|---|
| Stable, Diverse Job Market: Less boom/bust than pure tech hubs. Aerospace, finance, and healthcare provide resilience. | Car-Dependent Lifestyle: Public transit is limited. You will need a car for almost everything. |
| Strong Purchasing Power: Salary is competitive relative to the cost of living. Your money goes further here than in Denver or Boulder. | Less "Tech Scene": Fewer startups, meetups, and networking events compared to Denver or Boulder. Can feel isolating for solo tech workers. |
| Excellent Schools & Safety: Cherry Creek and Littleton Public Schools are top-rated. The area is family-friendly and very safe. | Suburban Sprawl: Lacks a dense, walkable urban core. The vibe is more strip malls and single-family homes than vibrant street life. |
| Outdoor Access: You're 30-45 minutes from world-class hiking in the foothills and a short drive to major ski resorts. | Competitive Housing Market: While more affordable than Denver, buying a home is still a significant financial challenge. |
Final Recommendation:
Centennial is an ideal choice for a Data Analyst who values stability, a high quality of life, and good schools, and who is less concerned with being in the center of a buzzing startup scene. It's perfect for those early in their career who want to land at a major, reputable company (like Lockheed or Schwab) and build a strong foundation. It's also a fantastic fit for mid-career professionals or those starting a family.
If you're a recent grad craving a vibrant, walkable urban environment with constant tech events, you might find Centennial a bit quiet. But if you're looking for a place where you can build a sustainable career, enjoy the Colorado outdoors without a brutal commute, and have a real sense of community, Centennial is one of the best bets in the Front Range.
FAQs
1. Do I need a car to live and work as a Data Analyst in Centennial?
Yes, absolutely. Centennial is a classic car-centric suburb. While you might be able to live near your office without one, commuting to a different employer or running daily errands will be nearly impossible without a vehicle. The Light Rail has a couple of stations on the western edge of the city (e.g., at Lincoln Station), which can help with a commute to downtown Denver, but it won't cover most local Centennial jobs.
2. How competitive is the job market for entry-level Data Analysts here?
It's moderately competitive. You're competing with graduates from CU Boulder, CU Denver, and the Colorado School of Mines. However, the large number of established companies means there are steady openings. The key for entry-level candidates is to have a strong portfolio (even if it's from personal projects or online courses), proficient SQL skills, and a clear understanding of business fundamentals. Don't just be a coder; be a problem-solver.
3. What's the commute really like from Centennial to the Denver Tech Center (DTC)?
It's highly dependent on your specific location and time. From southern Centennial (e.g., near Lincoln Station), the commute can be 15-20 minutes against traffic. From eastern Centennial (e.g., near I-225), it can be 25-35 minutes. The crucial factor is I-25. Rush hour (7-9 AM and 4-6 PM) can double your travel time. Living close to I-25 is your best bet for a manageable commute.
4. Are remote/hybrid work opportunities common in Centennial?
Yes, and they've become much more common post-2020. Many of the larger employers (Schwab, Comcast, FirstBank) offer hybrid models, often 2-3 days in the office. Lockheed Martin and other defense contractors are more likely to require on-site work, especially for roles requiring access to secure systems. It's a great market for hybrid arrangements, but fully remote roles may require looking at companies based outside Colorado.
5. What's the best way to network with other Data Professionals in the area?
While not as dense as Denver, there are good opportunities. Look for meetups on platforms like Meetup.com for "SQL," "Python," "Tableau," or "Data Science" in the Denver/Cherry Creek area. The University of Colorado South Denver campus sometimes hosts tech-related events. Also, consider joining the local chapters of professional organizations like the Data & Analytics community. Many professionals in Centennial commute to Denver for evening networking events, so being willing to make that short drive is key.
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