On the other hand, you have to live with the fact that you’re making a mere $90,000 from your government job. Yes, that’s almost 1.5 times the state’s median household income — but there are 46 other governors making more money than you.
That $90,000 was about 67 percent of the average governor’s salary in 2015, according to The Council of State Governments. Hickenlooper is only making more than Maine’s Paul LePage and Asa Hutchinson of Arkansas. At the top of the pile is Pennsylvania, which pays out about $185,000 on the annual.
Interestingly, you could even make more money than Hickenlooper on the Denver City Council, which pays its president $90,428. (Regular members get about $80,000.)
Meanwhile, CU Buffs football coach Mike MacIntyre makes $2 million a year from the university and is hoping to have his first winning season this year.
Does Hick need a raise?
He’s probably doing OK. Tax returns released in 2010 showed $16 million of income spread out over 23 years, peaking with income of about $6 million when he sold most of his restaurant business in 2007. More recently, he reported gross income of about $467,000 in 2012.
Some argue that raising pay for elected officials attracts more talent, as outlined by Freakonomics. It’s pretty hard to say, though, how many people are really scoffing at a gubernatorial run because of the money.