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Payroll Specialist salary and cost of hiring in Colorado

The median payroll specialist in Colorado earned $64,140 a year in May 2025[1], 10.1% above the US median of $58,260. That puts Colorado at #4 of 51 states for this job.

$5,345median pay per month in Colorado
$7,636employer cost per month with benefits
$30.84median pay per hour
2,580people in this job in Colorado

BLS occupation 43-3051. Data from the May 2025 release, checked 2026-10-15.

Salary range

Range10thMedian90th
Colorado$46,590$64,140$88,050
United States$39,500$58,260$81,350
10th to 90th percentilemiddle half (25th to 75th)median

The middle half of payroll specialists in Colorado earns $51,650–$76,040; the top tenth earns $88,050 or more, 1.9 times the bottom tenth.

What a hire really costs

Benefits and payroll taxes are 30.0% of total compensation in US private industry[2]. At the Colorado median that makes about $91,629 a year before recruiting, equipment and office space. Benefit levels vary by employer, so treat this as an estimate.

We place executive assistants, customer support and e-commerce staff today; for payroll specialists we answer within one business day whether we can help. Enter the monthly pay you have in mind to compare it with a local hire. The fee field shows our standard fee[3]; Deel's contractor plan is the default payroll tool[4].

$91,629local hire, first year incl. benefits
-remote hire, first year incl. fee
-difference in year one
-of the local cost saved

Pay by metro area in Colorado

AreaMedian75th percentileJobs
Fort Collins-Loveland, CO
$67,710
$78,350100
Boulder, CO
$66,140
$69,320n/a
Denver-Aurora-Centennial, CO
$64,760
$79,7701,580
Colorado Springs, CO
$61,260
$71,280210
Pueblo, CO
$59,290
$65,22030
Eastern and Southern Colorado nonmetropolitan area
$57,320
$69,16040
Greeley, CO
$55,690
$70,580110
Grand Junction, CO
$53,740
$69,70050
Southwest Colorado nonmetropolitan area
$46,590
$61,560130

Fort Collins-Loveland, CO pays the most ($67,710) and Southwest Colorado nonmetropolitan area the least ($46,590): $21,120 a year apart for the same job.

What a payroll specialist does

A payroll specialist prepares payroll runs, checks hours and deductions, keeps employee pay records and answers staff questions about their pay.

Neighbours in the ranking

StateMedianvs Colorado
California
$65,340
+1.9%
Washington
$64,560
+0.7%
Colorado
$64,140
+0.0%
Massachusetts
$63,670
-0.7%
New Hampshire
$63,090
-1.6%

Questions

How much does a payroll specialist earn in Colorado?

The median was $64,140 a year in the May 2025 BLS survey; the middle half earned $51,650 to $76,040.

What does it cost to employ a payroll specialist in Colorado?

About $91,629 a year at the median wage once benefits are added, using the 30% benefits share of US private industry (June 2026).

Where in Colorado do payroll specialists earn the most?

Fort Collins-Loveland, CO, with a median of $67,710 a year.

Sources

  1. BLS OEWS May 2025, 43-3051: https://www.bls.gov/oes/current/oes433051.htm
  2. BLS Employer Costs for Employee Compensation, private industry, June 2026: https://www.bls.gov/news.release/ecec.nr0.htm
  3. Silkstaff pricing: https://silkstaff.com/#pricing
  4. Deel pricing, contractor management: https://www.deel.com/pricing/

How these pages are built: methodology and data sources. Last updated 2026-11-05.