In the Northwest Colorado nonmetropolitan area, professionals in Construction and Extraction Occupations earn an average annual salary of $62,310. This figure is slightly below the national average of $64,030, a difference likely influenced by regional economic factors and the specific demands of the local construction landscape. The unique economic drivers and project scopes within this nonmetropolitan region play a significant role in shaping compensation for these vital roles.
Executive Summary
- Average Salary: $62,310 per year.
- Growth Trend: Salaries have shifted 13.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $89,760.
- Outlook: The construction and extraction sector in Northwest Colorado is robust, employing 10,690 individuals. With a Location Quotient of 1.96, this region demonstrates a concentration of these jobs nearly double the national average, indicating a strong and sustained demand for skilled labor in this field. The significant presence of these occupations suggests a healthy job market with ample opportunities for those in the industry.
Salary Overview
The average Construction and Extraction Occupations in Northwest Colorado nonmetropolitan area earns-2.7%below the national average.
$30
$1,198
$5,193
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Construction and Extraction Occupations in Northwest Colorado have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for housing and infrastructure, and the rising cost of skilled labor, ensuring that compensation keeps pace with the evolving economic landscape.
Construction and Extraction Occupations Salary Distribution in Northwest Colorado nonmetropolitan area
Career progression within Construction and Extraction Occupations in Northwest Colorado significantly impacts earning potential. Entry-level positions typically start at lower salary percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles. The widening gap between entry-level and senior roles highlights the substantial financial rewards associated with career advancement and accumulated expertise in this sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $40,280 | $19.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $46,733 | $22.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $58,480 | $28.1 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $77,888 | $37.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $89,760 | $43.2 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$62,310
Gross Pay
Real Wage (Purchasing Power)
$62,310
Adjusted for COL (100)
The average annual salary of $62,310 in Northwest Colorado aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of a construction and extraction worker's salary in this region is equivalent to that of their national counterparts, making it a stable financial environment for residents.
Job Market Context
10,690
Total Jobs
80.766
Per 1K Jobs
1.96
Location Quotient
Northwest Colorado nonmetropolitan area has 2.0x 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.
Northwest Colorado exhibits a highly concentrated labor market for Construction and Extraction Occupations, evidenced by its Location Quotient of 1.96. This significantly above-average concentration suggests that the demand for these roles is substantially higher than the national average, potentially leading to competitive hiring environments and greater job security for qualified individuals.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Construction and Extraction Occupations Salary | $60,150↓ 3% | 32 mi |
| Denver-Aurora-Centennial, CO Construction and Extraction Occupations Salary | $65,800↑ 6% | 54 mi |
| Pueblo, CO Construction and Extraction Occupations Salary | $59,640↓ 4% | 66 mi |
| Boulder, CO Construction and Extraction Occupations Salary | $64,660↑ 4% | 67 mi |
| Greeley, CO Construction and Extraction Occupations Salary | $60,000↓ 4% | 98 mi |
Comparing salaries near Northwest Colorado nonmetropolitan area
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Northwest Colorado nonmetropolitan area?
The median annual salary for a Construction and Extraction Occupations in Northwest Colorado nonmetropolitan area is $62,310. This typically ranges from $40,280 for entry-level positions to $89,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Colorado nonmetropolitan area is 2.7% lower than the national median of $64,030.
Is Northwest Colorado nonmetropolitan area a lucrative place for Construction and Extraction Occupationss?
Yes, it offers competitive compensation and strong job concentration.The average salary of $62,310 is competitive, especially given the national average cost of living. Furthermore, the Location Quotient of 1.96 indicates a job market significantly more concentrated than the national average, suggesting robust demand.
Is Northwest Colorado nonmetropolitan area a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Northwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Colorado nonmetropolitan area?
Some top paying nearby cities include Colorado Springs, CO ($60,150) and Denver-Aurora-Centennial, CO.
How does the salary compare to the national average?
The average annual salary for Construction and Extraction Occupations in Northwest Colorado is $62,310, which is slightly lower than the national average of $64,030.
What is the cost of living in Northwest Colorado?
The cost of living in Northwest Colorado is exactly at the national average, with an index of 100.
How concentrated are Construction and Extraction jobs in this area?
Construction and Extraction jobs are highly concentrated in Northwest Colorado, with a Location Quotient of 1.96, meaning the jobs are nearly twice as prevalent as the national average.
How many people work in Construction and Extraction in this region?
There are 10,690 individuals employed in Construction and Extraction Occupations in the Northwest Colorado nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,690 employees in the Northwest Colorado nonmetropolitan area area with a job density of 80.766 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 Northwest Colorado nonmetropolitan area