Average Construction and Extraction Occupations Salary in Greeley, CO
In Greeley, Colorado, professionals in Construction and Extraction Occupations can expect an average annual salary of $60,000. This figure is slightly below the national average of $64,030, a common occurrence in regions where specific industry demand or local economic factors influence compensation structures. While the nominal pay may be lower, the overall economic landscape of Greeley plays a crucial role in understanding the true value of this salary.
Executive Summary
- Average Salary: $60,000 per year.
- Growth Trend: Salaries have shifted 18.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $83,040.
- Outlook: Greeley, CO boasts a substantial workforce of 11,420 individuals employed in Construction and Extraction Occupations. The location quotient of 2.4 indicates a significantly higher concentration of these roles compared to the national average, suggesting robust local demand and a specialized labor market. With approximately 98.87 jobs per 1,000 workers in this sector, the job market appears active and offers considerable opportunities for skilled professionals.
Salary Overview
The average Construction and Extraction Occupations in Greeley, CO earns-6.3%below the national average.
$28.9
$1,154
$5,000
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data for Greeley's Construction and Extraction Occupations is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic development, infrastructure projects, and inflation typically drive increases in wages within this sector, suggesting that the $60,000 average may have seen upward movement and is likely to continue this trajectory.
Construction and Extraction Occupations Salary Distribution in Greeley, CO
Within the Construction and Extraction Occupations field in Greeley, salary progression is strongly tied to experience and specialization. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can command significantly higher compensation. The percentile gaps in earnings clearly signify career advancement opportunities, rewarding expertise and dedication within the local workforce.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $40,910 | $19.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $45,000 | $21.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $56,550 | $27.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $75,000 | $36.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $83,040 | $39.9 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$60,000
Gross Pay
Real Wage (Purchasing Power)
$60,000
Adjusted for COL (100)
The average annual salary of $60,000 in Greeley, CO, aligns perfectly with the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of the salary in Greeley is equivalent to the national average, offering a stable financial footing for residents without the added burden of higher living expenses often associated with lower nominal salaries.
Job Market Context
11,420
Total Jobs
98.868
Per 1K Jobs
2.4
Location Quotient
Greeley, CO has 2.4x the national concentration of Construction and Extraction Occupations jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Greeley's location quotient of 2.4 for Construction and Extraction Occupations signifies a market that is more than twice as concentrated as the national average. This indicates a strong, established presence of these industries within the local economy, suggesting a competitive yet abundant job market. While the high concentration points to significant demand, it also implies a potentially robust pool of local talent, which can influence hiring dynamics.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Fort Collins-Loveland, CO Construction and Extraction Occupations Salary | $60,190↑ 0% | 18 mi |
| Boulder, CO Construction and Extraction Occupations Salary | $64,660↑ 8% | 37 mi |
| Denver-Aurora-Centennial, CO Construction and Extraction Occupations Salary | $65,800↑ 10% | 45 mi |
| Cheyenne, WY Construction and Extraction Occupations Salary | $59,700↓ 1% | 50 mi |
| Northwest Colorado nonmetropolitan area Construction and Extraction Occupations Salary | $62,310↑ 4% | 98 mi |
Comparing salaries near Greeley, CO
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Greeley, CO?
The median annual salary for a Construction and Extraction Occupations in Greeley, CO is $60,000. This typically ranges from $40,910 for entry-level positions to $83,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greeley, CO is 6.3% lower than the national median of $64,030.
Is Greeley, CO a lucrative place for Construction and Extraction Occupationss?
Yes, with caveats.Greeley offers a robust job market for these occupations, indicated by a high concentration (LQ of 2.4) and a substantial local workforce. While the average salary is slightly below the national average, the cost of living is also at the national average, making the effective purchasing power comparable.
Is Greeley, CO a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Greeley, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greeley, CO?
Some top paying nearby cities include Fort Collins-Loveland, CO ($60,190) and Boulder, CO.
How does Greeley's salary for Construction and Extraction compare to the national average?
The average annual salary in Greeley for these occupations is $60,000, which is slightly lower than the national average of $64,030.
What does the Location Quotient (LQ) of 2.4 mean for Greeley's job market?
An LQ of 2.4 means that Greeley has 2.4 times the national average concentration of Construction and Extraction Occupations, indicating a strong local industry presence and demand.
Is the cost of living in Greeley high?
No, Greeley's Cost of Living Index is 100, which is exactly the national average, meaning it is neither significantly higher nor lower than the typical US city.
Are there many jobs available in Construction and Extraction in Greeley?
Yes, with a total local workforce of 11,420 in these occupations and approximately 98.87 jobs per 1,000 workers, the market appears to have a significant number of opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,420 employees in the Greeley, CO area with a job density of 98.868 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 Greeley, CO