Average Construction and Extraction Occupations Salary in Denver-Aurora-Centennial, CO
In Denver-Aurora-Centennial, CO, professionals in Construction and Extraction Occupations earn an average annual salary of $65,800. This figure slightly surpasses the national average of $64,030, indicating a favorable compensation landscape. The robust local economy and demand for skilled labor in this metropolitan area contribute to this competitive pay.
Executive Summary
- Average Salary: $65,800 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,720.
- Outlook: The Denver-Aurora-Centennial area boasts a substantial workforce of 72,600 individuals in Construction and Extraction Occupations. With a Location Quotient of 1.09, this sector is slightly more concentrated here than the national average, suggesting a healthy and active job market with consistent demand for these essential roles.
Salary Overview
The average Construction and Extraction Occupations in Denver-Aurora-Centennial, CO earns+2.8%above the national average.
$31.6
$1,265
$5,483
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Construction and Extraction Occupations in Denver-Aurora-Centennial have experienced growth over the past four years, mirroring national trends. Increased infrastructure projects, housing development, and a growing population typically drive up demand and, consequently, compensation in this sector.
Construction and Extraction Occupations Salary Distribution in Denver-Aurora-Centennial, CO
Salary progression within Construction and Extraction Occupations is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and supervisory experience can expect to earn significantly more, often reaching into the higher percentiles of the salary range. These percentile gaps highlight clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $44,760 | $21.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $49,350 | $23.7 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $61,650 | $29.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $82,250 | $39.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $94,720 | $45.5 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$65,800
Gross Pay
Real Wage (Purchasing Power)
$65,800
Adjusted for COL (100)
With an average annual salary of $65,800 and a Cost of Living Index of 100 (matching the national average), the nominal income in Denver-Aurora-Centennial offers a purchasing power equivalent to the national standard. This means that the salary earned here effectively covers the average cost of living without significant strain, making it a stable financial environment.
Job Market Context
72,600
Total Jobs
44.86
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Denver-Aurora-Centennial, CO has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.
The Location Quotient of 1.09 for Construction and Extraction Occupations in Denver-Aurora-Centennial indicates a slightly higher concentration of these jobs compared to the national average. This suggests a competitive yet stable market where demand aligns well with the available workforce, offering good opportunities for both employers seeking talent and workers seeking employment.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
Comparing salaries near Denver-Aurora-Centennial, CO
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Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Denver-Aurora-Centennial, CO?
The median annual salary for a Construction and Extraction Occupations in Denver-Aurora-Centennial, CO is $65,800. This typically ranges from $44,760 for entry-level positions to $94,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Denver-Aurora-Centennial, CO is 2.8% higher than the national median of $64,030.
Is Denver-Aurora-Centennial, CO a lucrative place for Construction and Extraction Occupationss?
Yes, Denver-Aurora-Centennial, CO is a lucrative place for Construction and Extraction Occupations.The average salary of $65,800 is above the national average, and the cost of living is right at the national average, providing strong purchasing power.
Is Denver-Aurora-Centennial, CO a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Boulder, CO ($64,660) and Greeley, CO.
How does the Denver-Aurora-Centennial job market compare nationally for Construction and Extraction?
The job market in Denver-Aurora-Centennial is slightly more concentrated than the national average, with a Location Quotient of 1.09, indicating a robust demand for these roles.
What is the average salary for Construction and Extraction jobs in Denver-Aurora-Centennial?
The average annual salary for Construction and Extraction Occupations in Denver-Aurora-Centennial is $65,800.
How does the Cost of Living in Denver-Aurora-Centennial affect salary?
The Cost of Living Index is 100, which is the national average. This means the $65,800 salary provides purchasing power equivalent to the national average.
What is the total workforce size for Construction and Extraction in this area?
There are approximately 72,600 individuals employed in Construction and Extraction Occupations within the Denver-Aurora-Centennial metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 72,600 employees in the Denver-Aurora-Centennial, CO area with a job density of 44.86 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Construction and Extraction Occupations • Data source: BLS OEWS 2024 •Jobs in Denver-Aurora-Centennial, CO