Project Manager Salary Denver
The role of a project coordinator is vital to the success of any project. They help ensure that the project is completed on time, within budget, and meets the required standards. Project coordinators play a key role in coordinating project activities and maintaining clear communication between team members. If you are looking to become a project coordinator or are curious about the industry, it is important to know the average salary of a project coordinator.
In this article, we will explore the average project coordinator salary in Denver and compare it to other cities. We will also look at the factors that affect the salary of a project coordinator and what you can do to increase your earning potential.
Average Project Coordinator Salary in Denver
According to data from Glassdoor, the average project coordinator salary in Denver is $55,986 per year. This is slightly higher than the national average of $54,778 per year. However, this salary can vary depending on several factors, including the industry, years of experience, and company size.
The salary of a project coordinator in Denver can range from $44,000 to $75,000 per year. The top-paying industries for project coordinators in Denver are healthcare, technology, and finance. The healthcare industry pays project coordinators an average of $60,000 per year, while the technology and finance industries pay an average of $58,000 and $57,000 per year, respectively.
Other Cities Comparison
To get a better idea of how the average project coordinator salary in Denver compares to other cities, let’s look at the data from several other major cities in the United States.
New York City:
The average project coordinator salary in New York City is $69,357 per year. This is significantly higher than the national average and the average salary in Denver. However, the cost of living in New York City is also much higher than in Denver.
Chicago:
The average project coordinator salary in Chicago is $58,366 per year. This is slightly higher than the average salary in Denver but lower than the salary in New York City.
Los Angeles:
The average project coordinator salary in Los Angeles is $59,301 per year. This is also higher than the national average but slightly lower than the salary in Denver.
Seattle:
The average project coordinator salary in Seattle is $63,463 per year. This is higher than the national average and the average salary in Denver.
Factors that Affect Project Coordinator Salary
Several factors can affect the salary of a project coordinator, including industry, years of experience, and company size. Let’s take a closer look at each of these factors.
Industry:
As mentioned earlier, the industry in which a project coordinator works can greatly impact their salary. Some industries, such as healthcare and technology, tend to pay more than others. It’s important to research the industry you are interested in working in and understand their pay scale.
Years of Experience:
The number of years of experience a project coordinator has can also impact their salary. Generally, the more experience you have, the higher your salary will be. According to Payscale, project coordinators with less than one year of experience can expect to earn an average of $44,000 per year, while those with 10 or more years of experience can earn an average of $68,000 per year.
Company Size:
The size of the company can also play a role in a project coordinator’s salary. Larger companies tend to pay more than smaller companies. This is because larger companies typically have more complex projects and require more experienced project coordinators.
Tips for Increasing your Earning Potential
If you are interested in becoming a project coordinator or want to increase your earning potential, there are several tips you can follow.
1. Get Certified:
Project management certifications such as PMP, CAPM, and PMI-ACP can increase your knowledge and marketability. Employers often value these certifications and may offer a higher salary to those who hold them.
2. Build Your Skills:
Build critical skills such as communication, leadership, and time management. Strong soft skills can help you stand out from other candidates and make you more valuable to potential employers.
3. Network:
Attend industry events and join professional groups to network with other professionals in your field. These connections can lead to new job opportunities or valuable insights that can help you advance your career.
4. Continuously Learn:
Continuously learning new skills and staying up-to-date with industry trends can make you more valuable to potential employers. Attend conferences, take online courses or seminars, join webinars for personal and professional growth.
Conclusion
The average project coordinator salary in Denver is above the national average, but lower than some of the other major cities in the United States. There are several factors that impact a project coordinator’s salary, including industry, years of experience, and company size. If you want to increase your earning potential, consider getting certified, building your skills, networking, and continuously learning. With dedication and hard work, you can increase your salary and advance your career in project management.