Job Salary Guide ยท 2026
Mechanical Engineer Salary After Tax in Lakewood
Based on BLS OEWS data ยท CO ยท Single filer
Mechanical Engineer Salary Range
25th Percentile
$75,000
Take-home:
$57,848
$4,821/mo
Entry to mid-level
Median
$96,000
Take-home:
$71,698
$5,975/mo
Typical salary
75th Percentile
$122,000
Take-home:
$88,772
$7,398/mo
Senior / specialist
Tax Breakdown
At median salary of $96,000
Cost of Living in Lakewood
1BR Monthly Rent
$1,800/mo
2BR Monthly Rent
$2,250/mo
COL Index
1.28
Comfortable Rent Max
$1,493/mo
50 / 30 / 20 Budget Planner
Based on your monthly take-home of $5,975 ($71,700/yr)
$2,988
per month
- โบRent / mortgage
- โบGroceries
- โบUtilities
- โบInsurance
- โบMinimum debt payments
- โบTransportation
$1,793
per month
- โบDining out
- โบStreaming services
- โบGym
- โบHobbies
- โบTravel
- โบShopping
$1,195
per month
- โบEmergency fund
- โบ401(k) / IRA
- โบInvestments
- โบDown payment fund
- โบDebt payoff (extra)
Needs / year
$35,850
Wants / year
$21,510
Savings / year
$14,340
Mechanical Engineer Salary in Other Cities
Frequently Asked Questions
What is the average Mechanical Engineer salary in Lakewood?
The median Mechanical Engineer salary in Lakewood (CO) is $96,000 per year based on BLS OEWS data. The 25th percentile is $75,000 and the 75th percentile is $122,000.
What is the take-home pay for a Mechanical Engineer in Lakewood?
At the median salary of $96,000, a Mechanical Engineer in CO takes home approximately $71,698 per year ($5,975/month) after federal and state taxes. The effective tax rate is 25.31%.
Can a Mechanical Engineer afford rent in Lakewood?
The average 1-bedroom rent in Lakewood is $1,800/month. On the median Mechanical Engineer salary, your rent-to-income ratio is 30.1%, which is "Moderate". Financial experts recommend keeping rent below 25โ30% of take-home pay ($1,493/month at this salary).
How does cost of living affect Mechanical Engineer salaries in Lakewood?
Lakewood has a cost-of-living index of 1.28 (1.00 = national average). Lakewood is 28% more expensive than the US average, which reduces the real purchasing power of the Mechanical Engineer salary.