Average Construction and Extraction Occupations Salary in Colorado Springs, CO
In Colorado Springs, CO, professionals in Construction and Extraction Occupations earn an average annual salary of $60,150. This figure is slightly below the national average of $64,030, a difference often influenced by local economic factors and the specific demand within the region's construction sector. Understanding these local nuances is key to assessing career compensation.
Executive Summary
- Average Salary: $60,150 per year.
- Growth Trend: Salaries have shifted 23.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $84,170.
- Outlook: Colorado Springs boasts a significant workforce of 12,730 individuals in Construction and Extraction Occupations. With a Location Quotient of 0.97, the concentration of these jobs is nearly on par with the national average, indicating a stable and substantial presence of this industry within the local economy. This robust workforce size suggests consistent demand and opportunities for skilled professionals.
Salary Overview
The average Construction and Extraction Occupations in Colorado Springs, CO earns-6.1%below the national average.
$28.9
$1,157
$5,013
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Construction and Extraction Occupations in Colorado Springs have experienced growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for housing and infrastructure, and evolving construction techniques likely contribute to a positive salary trajectory for skilled workers in the region.
Construction and Extraction Occupations Salary Distribution in Colorado Springs, CO
Salary progression within Construction and Extraction Occupations in Colorado Springs typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries. The percentile gaps between junior and senior roles highlight clear career advancement opportunities and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $39,520 | $19 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $45,113 | $21.7 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $57,870 | $27.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $75,188 | $36.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $84,170 | $40.5 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$60,150
Gross Pay
Real Wage (Purchasing Power)
$60,150
Adjusted for COL (100)
The average annual salary of $60,150 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 a Construction and Extraction professional's salary in Colorado Springs is equivalent to the national standard, offering a balanced financial landscape for residents.
Job Market Context
12,730
Total Jobs
39.916
Per 1K Jobs
0.97
Location Quotient
Colorado Springs, CO has 0.97x the national average concentration of Construction and Extraction Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.97, the job market for Construction and Extraction Occupations in Colorado Springs is highly representative of the national landscape. This indicates a healthy balance between job availability and the number of workers in the field, suggesting a competitive yet accessible market for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
Comparing salaries near Colorado Springs, CO
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Colorado Springs, CO?
The median annual salary for a Construction and Extraction Occupations in Colorado Springs, CO is $60,150. This typically ranges from $39,520 for entry-level positions to $84,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 6.1% lower than the national median of $64,030.
Is Colorado Springs, CO a lucrative place for Construction and Extraction Occupationss?
Moderately lucrative, with earnings matching the national cost of living.The average salary of $60,150 is slightly below the national average, but it aligns precisely with the national average cost of living. This suggests a stable, though not exceptionally high-paying, market.
Is Colorado Springs, CO a good place to live for Construction and Extraction 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 ($62,310) and Southwest Colorado nonmetropolitan area.
How does the Colorado Springs construction job market compare nationally?
The market is very similar to the national average, with a Location Quotient of 0.97 indicating a comparable concentration of jobs relative to the workforce.
What is the average number of construction jobs per 1,000 workers in Colorado Springs?
There are approximately 39.916 jobs per 1,000 workers in Construction and Extraction Occupations in Colorado Springs.
Does experience significantly impact salary in this field in Colorado Springs?
Yes, experience is a key driver of salary growth, with clear progression from entry-level to senior roles and higher earning potential for skilled professionals.
Is the cost of living a factor in the salary for construction workers in Colorado Springs?
The cost of living in Colorado Springs is exactly at the national average (100), meaning the average salary of $60,150 provides purchasing power equivalent to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 12,730 employees in the Colorado Springs, CO area with a job density of 39.916 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Construction and Extraction Occupations Salaries by State
Top Jobs in Colorado Springs, CO
- All Occupations Salary in Colorado Springs, CO
- Office and Administrative Support Occupations Salary in Colorado Springs, CO
- Food Preparation and Serving Related Occupations Salary in Colorado Springs, CO
- Sales and Related Occupations Salary in Colorado Springs, CO
- Business and Financial Operations Occupations Salary in Colorado Springs, CO
- Transportation and Material Moving Occupations Salary in Colorado Springs, CO
- Healthcare Practitioners and Technical Occupations Salary in Colorado Springs, CO
- Educational Instruction and Library Occupations Salary in Colorado Springs, CO
- Computer and Mathematical Occupations Salary in Colorado Springs, CO
- Healthcare Support Occupations Salary in Colorado Springs, CO
- Browse All Jobs in Colorado Springs, CO →
Semantic Salary Analysis for Construction and Extraction Occupations • Data source: BLS OEWS 2024 •Jobs in Colorado Springs, CO