Average Aerospace Engineers Salary in Colorado Springs, CO
Aerospace Engineers in Colorado Springs, CO, command an impressive average annual salary of $160,580, substantially exceeding the national average of $141,460. This elevated compensation is largely driven by the region's robust defense and aerospace sector, creating specialized demand that commands higher pay.
Executive Summary
- Average Salary: $160,580 per year.
- Growth Trend: Salaries have shifted 39.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $203,310.
- Outlook: With a local workforce of 680 Aerospace Engineers and a Location Quotient of 4.82, Colorado Springs demonstrates a highly concentrated and significant presence of these professionals. This indicates a strong, specialized job market where demand likely outstrips a general national average, suggesting a robust outlook for skilled engineers in the area.
Salary Overview
The average Aerospace Engineers in Colorado Springs, CO earns+13.5%above the national average.
$77.2
$3,088
$13,382
Aerospace Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Aerospace Engineers in Colorado Springs have experienced consistent growth over the past four years, mirroring national trends. Factors such as technological advancements, increased defense spending, and ongoing innovation within the aerospace sector typically contribute to upward salary pressure in specialized fields.
Aerospace Engineers Salary Distribution in Colorado Springs, CO
Salary progression for Aerospace Engineers in Colorado Springs typically scales significantly with experience. Entry-level positions will naturally fall at the lower end of the pay scale, while senior engineers with extensive expertise and specialized skills can command salaries well above the average. The widening gap between entry-level and senior salaries signifies clear career progression and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $102,800 | $49.4 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $120,435 | $57.9 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $170,080 | $81.8 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $200,725 | $96.5 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $203,310 | $97.7 |
Detailed Aerospace Engineers Market Analysis
Relocation Context
Nominal Salary
$160,580
Gross Pay
Real Wage (Purchasing Power)
$160,580
Adjusted for COL (100)
The average annual salary of $160,580 in Colorado Springs aligns perfectly with the national average cost of living index of 100. This means that the higher nominal salary translates directly into strong purchasing power, allowing Aerospace Engineers to enjoy a high standard of living without the added financial strain often associated with high-paying jobs in more expensive regions.
Job Market Context
680
Total Jobs
2.141
Per 1K Jobs
4.82
Location Quotient
Colorado Springs, CO has 4.8x the national concentration of Aerospace Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 4.82 signifies that Aerospace Engineers are nearly five times more concentrated in Colorado Springs than the national average. This high concentration suggests a specialized and potentially competitive market, where companies actively seek out local talent due to the established ecosystem of aerospace and defense industries, making it a prime location for these professionals.
Nearby Job Markets
Nearby Cities for Aerospace Engineers
| City | Salary | Dist. |
|---|---|---|
| Denver-Aurora-Centennial, CO Aerospace Engineers Salary | $153,570↓ 4% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Aerospace Engineerss?
Frequently Asked Questions
How much does a Aerospace Engineers make in Colorado Springs, CO?
The median annual salary for a Aerospace Engineers in Colorado Springs, CO is $160,580. This typically ranges from $102,800 for entry-level positions to $203,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 13.5% higher than the national median of $141,460.
Is Colorado Springs, CO a lucrative place for Aerospace Engineerss?
Yes, Colorado Springs is a highly lucrative location for Aerospace Engineers.The average salary significantly surpasses the national average, and the cost of living is on par with the national average, indicating strong purchasing power for engineers in the area.
Is Colorado Springs, CO a good place to live for Aerospace Engineers?
The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado Springs, CO?
Some top paying nearby cities include Denver-Aurora-Centennial, CO ($153,570) and others.
How does the local Aerospace Engineer workforce compare nationally?
Colorado Springs has a workforce of 680 Aerospace Engineers, and its Location Quotient of 4.82 indicates a concentration nearly five times the national average, highlighting its importance in the sector.
What is the cost of living impact on an Aerospace Engineer's salary in Colorado Springs?
With a Cost of Living Index of 100, the national average, the $160,580 salary offers excellent purchasing power, as it is not diminished by a higher cost of living.
Are there many job opportunities for Aerospace Engineers in Colorado Springs?
The high concentration (LQ of 4.82) and significant local workforce suggest a robust and specialized job market with ample opportunities for skilled Aerospace Engineers.
How does the average salary in Colorado Springs compare to the national average?
Aerospace Engineers in Colorado Springs earn an average of $160,580 annually, which is $19,120 more than the national average of $141,460.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Colorado Springs, CO area with a job density of 2.141 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Aerospace Engineers • Data source: BLS OEWS 2024 •Jobs in Colorado Springs, CO