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Average All Occupations Salary in Colorado

In Colorado, the average annual salary for All Occupations stands at a robust $75,560, significantly exceeding the national average of $67,140. This elevated compensation is likely driven by Colorado's dynamic economic landscape, strong demand for skilled labor, and a higher cost of living that necessitates greater earning potential for its residents.

Executive Summary

  • Average Salary: $75,560 per year.
  • Growth Trend: Salaries have shifted 24.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $134,050.
  • Outlook: With a substantial local workforce of 2,891,210 individuals and a Location Quotient of 1, indicating a concentration on par with the national average, Colorado's job market for All Occupations demonstrates stability and consistent demand. The metric of 1000 jobs per 1,000 workers further underscores a healthy employment environment where opportunities are readily available.
2024 Market Data

Salary Overview

$75,560

The average All Occupations in Colorado earns+12.5%above the national average.

BreakdownBased on 40h/week
Hourly

$36.3

Weekly

$1,453

Monthly

$6,297

All Occupations Salary Distribution in Colorado

Salary progression for All Occupations in Colorado typically follows a clear trajectory from entry-level to senior roles. While specific percentile data isn't available, it's understood that individuals with more experience, specialized skills, and proven track records command higher salaries, with significant gaps between entry-level and senior positions reflecting substantial career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$35,240$16.9
ExperiencedProficient professional working independently.25% (Junior)$56,670$27.2
Mid-LevelEstablished expert. Standard market value.50% (Median)$58,210$28
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$94,450$45.4
Top TierIndustry leader / Executive level compensation.90% (Expert)$134,050$64.4

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$75,560

Gross Pay

Real Wage (Purchasing Power)

$71,621

Adjusted for COL (105.5)

The average annual salary of $75,560 in Colorado presents a mixed picture when considered against the state's Cost of Living Index of 105.5. While the nominal salary is higher than the national average, the cost of living being 5.5% above the national average means that purchasing power may be only slightly better, or comparable, to lower-cost states with lower average salaries.

Job Market Context

2,891,210

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Colorado has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A Location Quotient of 1 for All Occupations in Colorado signifies that the concentration of these roles within the state is precisely aligned with the national average. This suggests a balanced job market where the supply and demand for these positions are in equilibrium, neither indicating an oversupply nor a significant undersupply of workers relative to the national landscape.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Colorado

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Colorado?

The median annual salary for a All Occupations in Colorado is $75,560. This typically ranges from $35,240 for entry-level positions to $134,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Colorado is 12.5% higher than the national median of $67,140.

Is Colorado a lucrative place for All Occupationss?

Yes, Colorado offers a lucrative environment for All Occupations.The average salary of $75,560 is notably higher than the national average, and the state's robust economy supports strong employment opportunities.

Is Colorado a good place to live for All Occupations?

The Cost of Living Index in Colorado is 105.5. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Colorado?

Some top paying nearby cities include Colorado Springs, CO ($69,080) and Denver-Aurora-Centennial, CO.

How does Colorado's average salary compare to the national average?

Colorado's average salary for All Occupations is $75,560, which is $8,420 higher than the national average of $67,140.

What is the Cost of Living in Colorado?

Colorado's Cost of Living Index is 105.5, meaning it is 5.5% more expensive to live there than the national average.

How concentrated are All Occupations jobs in Colorado?

The Location Quotient for All Occupations in Colorado is 1, indicating that the concentration of these jobs is the same as the national average.

What is the total workforce size in Colorado for All Occupations?

Colorado has a total workforce of 2,891,210 individuals employed in All Occupations roles.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,891,210 employees in the Colorado area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.