Average All Occupations Salary in Grand Junction, CO
In Grand Junction, Colorado, the average annual salary for All Occupations stands at $60,520. This figure is notably below the national average of $67,140, suggesting that local economic factors and industry demands in Grand Junction may influence compensation levels. The specific pay rates are a direct reflection of the unique economic landscape and the prevailing wage structure within the region.
Executive Summary
- Average Salary: $60,520 per year.
- Growth Trend: Salaries have shifted 23.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $99,290.
- Outlook: Grand Junction boasts a substantial local workforce of 66,890 individuals, indicating a significant labor market presence. With a Location Quotient of 1.0, the concentration of All Occupations jobs in Grand Junction is precisely aligned with the national average. This suggests a stable and balanced demand for these roles, neither exceptionally high nor low, within the local economy.
Salary Overview
The average All Occupations in Grand Junction, CO earns-9.9%below the national average.
$29.1
$1,164
$5,043
All Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for All Occupations in Grand Junction have experienced growth over the past four years, mirroring general economic trends. Such growth is typically driven by inflation, increasing demand for skilled labor, and evolving industry standards, leading to a gradual upward adjustment in average compensation.
All Occupations Salary Distribution in Grand Junction, CO
Salary progression in Grand Junction for All Occupations typically follows a clear trajectory from entry-level to senior positions. While specific percentile data isn't available, the widening gap between lower and higher salary percentiles generally signifies increased responsibility, specialized skills, and years of experience. This variance highlights the potential for significant career advancement and earning potential within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $30,980 | $14.9 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $45,390 | $21.8 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $47,250 | $22.7 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $75,650 | $36.4 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $99,290 | $47.7 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$60,520
Gross Pay
Real Wage (Purchasing Power)
$60,520
Adjusted for COL (100)
The nominal average annual salary of $60,520 in Grand Junction aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the average salary in Grand Junction is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
66,890
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Grand Junction, CO has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
A Location Quotient of 1.0 for All Occupations in Grand Junction indicates that the proportion of these jobs within the local workforce is exactly the same as the national proportion. This suggests a market that is neither over-saturated nor significantly lacking in these roles, presenting a balanced competitive landscape for job seekers and employers alike.
Nearby Job Markets
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Grand Junction, CO?
The median annual salary for a All Occupations in Grand Junction, CO is $60,520. This typically ranges from $30,980 for entry-level positions to $99,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Grand Junction, CO is 9.9% lower than the national median of $67,140.
Is Grand Junction, CO a lucrative place for All Occupationss?
No, Grand Junction, CO is not a particularly lucrative place for All Occupationss compared to the national average.The average salary of $60,520 is below the national average of $67,140, although the cost of living is on par with the national average.
Is Grand Junction, CO a good place to live for All Occupations?
The Cost of Living Index in Grand Junction, CO is 100. While higher than average, this often correlates with higher wages.
How does Grand Junction's average salary compare to the national average?
The average annual salary for All Occupations in Grand Junction is $60,520, which is lower than the national average of $67,140.
What is the cost of living in Grand Junction, CO?
The cost of living in Grand Junction, CO is exactly at the national average, with an index of 100.
How concentrated are All Occupations jobs in Grand Junction?
The concentration of All Occupations jobs in Grand Junction, as indicated by the Location Quotient of 1.0, is the same as the national average.
What is the total workforce size in Grand Junction?
Grand Junction has a total local workforce of 66,890 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 66,890 employees in the Grand Junction, 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 Grand Junction, CO