Average All Occupations Salary in Colorado Springs, CO
In Colorado Springs, CO, the average annual salary for all occupations stands at $69,080, slightly surpassing the national average of $67,140. This competitive compensation reflects the unique economic landscape and demand drivers within the region, which influence pay rates for its substantial workforce of 318,850 individuals.
Executive Summary
- Average Salary: $69,080 per year.
- Growth Trend: Salaries have shifted 24.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,710.
- Outlook: Colorado Springs boasts a robust job market for all occupations, evidenced by a total local workforce of 318,850. The location quotient of 1.0 indicates that the concentration of these jobs aligns with the national average, suggesting a stable and well-established demand for labor across various sectors within the city.
Salary Overview
The average All Occupations in Colorado Springs, CO earns+2.9%above the national average.
$33.2
$1,328
$5,757
All Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for all occupations in Colorado Springs have experienced steady growth over the past four years, mirroring national trends. Economic development and increasing demand for skilled labor typically drive upward salary adjustments, ensuring that compensation remains competitive.
All Occupations Salary Distribution in Colorado Springs, CO
Salary progression in Colorado Springs for all occupations typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior and highly specialized roles command salaries in the upper percentiles. The widening gap between these levels signifies clear career advancement opportunities and increased earning potential as professionals gain expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $33,130 | $15.9 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $51,810 | $24.9 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $51,410 | $24.7 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $86,350 | $41.5 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $124,710 | $60 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$69,080
Gross Pay
Real Wage (Purchasing Power)
$69,080
Adjusted for COL (100)
The nominal average salary of $69,080 in Colorado Springs aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of salaries in Colorado Springs is comparable to the national standard, offering a balanced financial environment for residents.
Job Market Context
318,850
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Colorado Springs, CO has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
With a Location Quotient of 1.0, the job market for all occupations in Colorado Springs is neither significantly more nor less concentrated than the national average. This suggests a balanced and competitive employment landscape where opportunities are readily available but not necessarily in oversupply, requiring professionals to be well-qualified for available roles.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area All Occupations Salary | $64,580↓ 7% | 32 mi |
| Southwest Colorado nonmetropolitan area All Occupations Salary | $60,790↓ 12% | 32 mi |
| Eastern and Southern Colorado nonmetropolitan area All Occupations Salary | $56,870↓ 18% | 32 mi |
| Pueblo, CO All Occupations Salary | $59,510↓ 14% | 42 mi |
| Denver-Aurora-Centennial, CO All Occupations Salary | $79,980↑ 16% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Colorado Springs, CO?
The median annual salary for a All Occupations in Colorado Springs, CO is $69,080. This typically ranges from $33,130 for entry-level positions to $124,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 2.9% higher than the national median of $67,140.
Is Colorado Springs, CO a lucrative place for All Occupationss?
Yes, Colorado Springs offers a competitive salary environment for all occupations.The average salary of $69,080 is slightly above the national average, and with a cost of living at the national average, your earnings maintain strong purchasing power.
Is Colorado Springs, CO a good place to live for All Occupations?
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 Northwest Colorado nonmetropolitan area ($64,580) and Southwest Colorado nonmetropolitan area.
How does the Colorado Springs salary compare to the national average?
The average annual salary for all occupations in Colorado Springs is $69,080, which is slightly higher than the national average of $67,140.
What is the Cost of Living in Colorado Springs?
Colorado Springs has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
How large is the workforce in Colorado Springs?
The total local workforce in Colorado Springs comprises 318,850 individuals, reflecting a significant labor market.
Is there a high concentration of 'All Occupations' jobs in Colorado Springs?
The Location Quotient for 'All Occupations' in Colorado Springs is 1.0, indicating that the concentration of these jobs is at the national average level.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 318,850 employees in the Colorado Springs, CO area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Colorado Springs, CO