๐Ÿ’ฐ COL Index: 106 โ€” Near Avg Cost

Salaries in Lakewood, CO

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 40 occupations ยท BLS + Census data

Avg. Salary
$70,244
across 40 roles
COL-Adjusted Avg
$66,582
real purchasing power
Top Paying Role
Marketing Manager
$160,220
1BR Rent
$1,835
median monthly

You might assume a city of 156,000 people just off I-25 would be a bedroom community. Lakewoodโ€™s actually got a surprisingly sharp economic engine of its own, with a 3.4% unemployment rate thatโ€™s been stubbornly low for years.

Letโ€™s talk real money. The cost of living here sits at 105.5, which means youโ€™re paying a 5.5% premium over the national average. That median household income of $83,987 sounds decent, but when you factor in a one-bedroom apartment at $1,835 a month, that paycheck doesnโ€™t stretch as far as youโ€™d hope. The COL-adjusted average salary drops to $66,582, revealing the squeeze many feel.

Whoโ€™s actually thriving? Youโ€™ll find solid work in professional services, healthcare, and tech. While itโ€™s not a tech hub like Boulder, there are enough software developer roles (average $129,359) to keep the scene active. The real money, though, is in managementโ€”marketing managers and construction managers are pulling in the top spots, often tied to the cityโ€™s proximity to Denverโ€™s business sprawl.

Hereโ€™s my honest take: Wages here have been playing catch-up, but barely. The gap between the top-paying jobs and the average is stark. For a single professional, especially in tech or marketing, it can work. For a family trying to buy a home? That median income feels tight against these housing costs. Itโ€™s a city that rewards specific, high-demand skills, but doesnโ€™t offer a ton of financial grace for everyone else.

The data below breaks down exactly who gets paid what, and how much of that is actually yours to keep.

๐Ÿ† Top 5 Highest-Paying Jobs in Lakewood

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ +2% vs national

Marketing Manager

$160,220
๐Ÿ’ก COL-Adjusted $151,867
โฑ Hourly $77.03/hr
๐Ÿ“ˆ Job Growth +8.0%
๐Ÿ‘ฅ Jobs Here 311
๐Ÿฅˆ +2% vs national

Pharmacist

$138,274
๐Ÿ’ก COL-Adjusted $131,065
โฑ Hourly $66.48/hr
๐Ÿ“ˆ Job Growth -3.0%
๐Ÿ‘ฅ Jobs Here 311
๐Ÿฅ‰ +2% vs national

Software Developer

$129,359
๐Ÿ’ก COL-Adjusted $122,615
โฑ Hourly $62.19/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿ‘ฅ Jobs Here 935
4๏ธโƒฃ +2% vs national

Construction Manager

$109,995
๐Ÿ’ก COL-Adjusted $104,261
โฑ Hourly $52.88/hr
๐Ÿ“ˆ Job Growth +8.0%
๐Ÿ‘ฅ Jobs Here 311
5๏ธโƒฃ +2% vs national

Project Manager

$102,951
๐Ÿ’ก COL-Adjusted $97,584
โฑ Hourly $49.50/hr
๐Ÿ“ˆ Job Growth +6.0%
๐Ÿ‘ฅ Jobs Here 311

๐Ÿ“‹ Complete Salary Guide โ€” All 40 Occupations in Lakewood

COL-Adjusted Salary = Raw salary divided by the cost of living index (106/100). Higher = more real purchasing power. This city's COL is above the US average.

# Occupation โ†• Raw Salary โ†•
1 Marketing Manager $160,220
2 Pharmacist $138,274
3 Software Developer $129,359
4 Construction Manager $109,995
5 Project Manager $102,951
6 Physical Therapist $101,355
7 Financial Analyst $100,643
8 Web Developer $94,280
9 Dental Hygienist $88,974
10 Accountant $87,500
11 Registered Nurse $87,490
12 Data Analyst $84,735
13 Police Officer $76,146
14 Human Resources Specialist $68,766
15 Elementary School Teacher $64,720
16 Plumber $64,395
17 Paralegal $63,785
18 Electrician $62,565
19 Real Estate Agent $62,494
20 Graphic Designer $62,352
21 Firefighter $58,062
22 Carpenter $57,859
23 HVAC Technician $56,588
24 Heavy Truck Driver $53,965
25 Loan Officer $50,825
26 Insurance Agent $50,825
27 Nail Technician $50,825
28 Cosmetologist $50,825
29 Personal Trainer $50,825
30 Chef/Head Cook $50,825
31 Auto Mechanic $50,825
32 Veterinary Technician $50,825
33 Social Worker $50,825
34 Dental Assistant $50,825
35 Pharmacy Technician $50,825
36 Licensed Practical Nurse (LPN) $50,825
37 Welder $50,408
38 Medical Assistant $38,901
39 Security Guard $36,736
40 Nursing Assistant (CNA) $36,350

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Lakewood

๐Ÿ 
1BR Rent
$1,835/mo
๐Ÿก
2BR Rent
$2,201/mo
๐Ÿ˜๏ธ
Median Home
$543,000
๐Ÿ“‰
Unemployment
3.4%
๐Ÿ’ณ
Median Income
$83,987
๐ŸŽ“
College Educated
46%
๐Ÿšถ
Walk Score
45/100
๐Ÿ“Š
Cost of Living
106
Near Avg Cost

๐Ÿงฎ Can You Afford to Live in Lakewood?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Lakewood. Enter your salary and see exactly how far your money goes.

โ“ Lakewood Salary FAQ

What is the average salary in Lakewood, CO?

โ–ผ
The average salary across 40 occupations in Lakewood is $70,244. This is lower than the median household income of $83,987, indicating that household earnings often combine multiple incomes.

What jobs pay the most in Lakewood?

โ–ผ
The highest-paying role is Marketing Manager at $160,220. This is more than double the city's average salary of $70,244, highlighting a significant earnings gap between top and typical roles.

Is Lakewood affordable on a Marketing Manager salary?

โ–ผ
Yes, a Marketing Manager salary of $160,220 is well above the city's median household income of $83,987 and can comfortably cover the $1,835 monthly rent for a 1BR apartment. With a cost of living index of 105.5, essential expenses are slightly above the national average but manageable at this income level.

How does Lakewood's cost of living affect my paycheck?

โ–ผ
Lakewood's cost of living index is 105.5, meaning expenses are 5.5% higher than the U.S. average, which reduces the purchasing power of your paycheck. For example, a $70,244 salary faces higher costs for housing, like the $1,835/month 1BR rent, compared to lower-cost areas.

What salary do you need to live comfortably in Lakewood?

โ–ผ
To live comfortably, aim for a salary near the median household income of $83,987, which exceeds the city average of $70,244 and can cover the $1,835/month rent with room for savings. This accounts for the 105.5 cost of living index, ensuring a buffer above average earnings for a stable lifestyle.

๐Ÿ“ Editor's Verdict: Is Lakewood Worth It?

Hereโ€™s my honest take: Lakewood isnโ€™t a gold rush, but itโ€™s a solid bet if youโ€™re strategic. With an average salary of $70,244 and a cost-of-living index of 105.5, youโ€™re paying a slight premium to be here, especially with rent at $1,835 a month. The real standout is the Marketing Manager role, pulling in $160,220 (or $151,867 after COL adjustment), proving that specialized, in-demand skills can thrive here.

Who benefits most? Tech workers and healthcare professionals will find a good market, but tradespeople might feel squeezed by the costs unless theyโ€™re running their own business. My verdict? Lakewood is worth it if youโ€™re in a high-demand field or willing to commute to Denver for better pay. If youโ€™re early in your career or in a low-paying industry, the math gets tougher.

My advice: Before you move, line up a job that pays at least 10-15% above the average. Donโ€™t come here hoping to find somethingโ€”make sure the numbers work before you pack your bags.

Explore Lakewood Further