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Average Childcare Workers Salary in Southwest Colorado nonmetropolitan area

Childcare Workers in the Southwest Colorado nonmetropolitan area earn an average annual salary of $36,960, which is notably higher than the national average of $32,190. This elevated compensation likely reflects the specific economic conditions and demand dynamics within this region, potentially driven by a need to attract and retain essential childcare professionals in a less densely populated area.

Executive Summary

  • Average Salary: $36,960 per year.
  • Growth Trend: Salaries have shifted 27.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,060.
  • Outlook: With a local workforce of 360 Childcare Workers and a Location Quotient of 1.0, the job market in Southwest Colorado nonmetropolitan area indicates a concentration of these roles that is on par with the national average. The density of 3.368 jobs per 1,000 workers suggests a stable demand for childcare services, reflecting a consistent need within the community's economic structure.
2024 Market Data

Salary Overview

$36,960

The average Childcare Workers in Southwest Colorado nonmetropolitan area earns+14.8%above the national average.

BreakdownBased on 40h/week
Hourly

$17.8

Weekly

$711

Monthly

$3,080

Childcare Workers Salary Distribution in Southwest Colorado nonmetropolitan area

Salary progression for Childcare Workers in Southwest Colorado nonmetropolitan area typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles and those with specialized skills or extensive experience can command significantly higher salaries. The percentile gaps in compensation clearly signify opportunities for career advancement and increased earning potential as professionals gain expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$29,990$14.4
ExperiencedProficient professional working independently.25% (Junior)$27,720$13.3
Mid-LevelEstablished expert. Standard market value.50% (Median)$36,780$17.7
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$46,200$22.2
Top TierIndustry leader / Executive level compensation.90% (Expert)$47,060$22.6

Detailed Childcare Workers Market Analysis

Relocation Context

Nominal Salary

$36,960

Gross Pay

Real Wage (Purchasing Power)

$36,960

Adjusted for COL (100)

The average annual salary of $36,960 in Southwest Colorado nonmetropolitan area aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Childcare Worker's salary in this region is equivalent to that of a worker earning the national average in a location with average living expenses.

Job Market Context

360

Total Jobs

3.368

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Southwest Colorado nonmetropolitan area has a slightly higher-than-average concentration of Childcare Workers roles compared to the national norm.

A Location Quotient of 1.0 for Childcare Workers in the Southwest Colorado nonmetropolitan area signifies that the concentration of these jobs is precisely at the national average. This suggests a balanced job market where the number of available positions is neither disproportionately high nor low compared to the overall employment landscape, indicating a steady but not overly saturated demand.

Nearby Job Markets

Nearby Cities for Childcare Workers

Comparing salaries near Southwest Colorado nonmetropolitan area

Hiring Childcare Workerss?

Frequently Asked Questions

How much does a Childcare Workers make in Southwest Colorado nonmetropolitan area?

The median annual salary for a Childcare Workers in Southwest Colorado nonmetropolitan area is $36,960. This typically ranges from $29,990 for entry-level positions to $47,060 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Colorado nonmetropolitan area is 14.8% higher than the national median of $32,190.

Is Southwest Colorado nonmetropolitan area a lucrative place for Childcare Workerss?

Yes, it offers above-average pay compared to the national average.Childcare Workers in this region earn approximately $4,770 more annually than the national average. Coupled with a cost of living that matches the national average, this makes the area financially competitive for the profession.

Is Southwest Colorado nonmetropolitan area a good place to live for Childcare Workers?

The Cost of Living Index in Southwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southwest Colorado nonmetropolitan area?

Some top paying nearby cities include Colorado Springs, CO ($37,350) and Denver-Aurora-Centennial, CO.

How does the local workforce size affect job availability for Childcare Workers?

The local workforce of 360 Childcare Workers suggests a moderate-sized pool of professionals. While not excessively large, it indicates a stable presence of individuals in the field, which can influence both competition for jobs and the overall demand for new entrants.

What does a Location Quotient of 1 mean for Childcare Workers in Southwest Colorado?

A Location Quotient of 1 means that the proportion of Childcare Workers in Southwest Colorado nonmetropolitan area is the same as the national average. This indicates a standard level of concentration for this occupation within the region's economy.

Are there many job openings for Childcare Workers in this area?

With 3.368 jobs per 1,000 workers, the rate of employment for Childcare Workers is consistent with national averages, suggesting a steady but not exceptionally high number of openings.

How does the cost of living impact the Childcare Worker salary in Southwest Colorado?

The cost of living index of 100 means that expenses in Southwest Colorado nonmetropolitan area are on par with the national average. Therefore, the $36,960 salary provides a purchasing power equivalent to the national average salary in a typical U.S. location.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Southwest Colorado nonmetropolitan area area with a job density of 3.368 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.