Quantitative Analyst.
Denver.
$186,000
median salary, 8% above the national average
$138,000 to $251,000. Updated for 2026.
The numbers.
Everything you need to negotiate with confidence.
Here is what Quantitative Analysts actually make in Denver: $138,000 at the 25th percentile, $186,000 at the median, and $251,000 at the 75th. That is 8% above the national average. Denver has emerged as a secondary tech hub with strong aerospace, telecom, and outdoor industry employers. The number on your offer letter will depend on what you bring and how you ask.
Salary range
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How Denver compares
Denver, CO
$186,000
Cost of living: 8% above average
National Average
$172,000
Denver is $14,000 above
What you should know
Before you negotiate a Quantitative Analyst offer in Denver, understand the terrain. Denver has emerged as a secondary tech hub with strong aerospace, telecom, and outdoor industry employers. The city attracts remote workers and relocating companies seeking lower costs than the coasts. Salaries have climbed steadily as national employers open satellite offices and compete for Denver's growing talent pool. Firm type and strategy alpha generation are the primary pay determinants. Quants at top hedge funds like Citadel, Two Sigma, or DE Shaw earn 50 to 100% more than those at banks or asset managers. PhD-level mathematics, physics, or computer science backgrounds from top research universities command the highest starting salaries.
Junior quants start at $120,000 to $160,000 base at top firms. Mid-level quantitative analysts earn $160,000 to $220,000 base. Senior quants and portfolio managers reach $220,000 to $350,000 base. Quant portfolio managers running profitable strategies can earn $500,000 to several million in total compensation. In Denver, cost of living sits near the national average, so the numbers you see are roughly what you keep.
Base salary is not the full picture. Performance bonuses at quantitative hedge funds frequently equal or exceed base salary, with total compensation of $300,000 to $800,000 for mid-level quants. Top performers at elite firms can earn $1 million or more. Bank quants receive 20 to 50% bonuses with smaller variance. And on the tax side: colorado has a flat 4.4% state income tax. Denver has no additional city income tax, making the overall tax burden lighter than most coastal metros. When someone quotes you $186,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Position yourself as a remote talent anchor. Many companies pay near coastal rates for Denver based employees to save on office costs while retaining top performers. The range for Quantitative Analysts in Denver runs from $138,000 to $251,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Top industries in Denver
Negotiating in Denver
Position yourself as a remote talent anchor. Many companies pay near coastal rates for Denver based employees to save on office costs while retaining top performers.