Construction and Extraction Occupations in the Southwest Colorado nonmetropolitan area command an average annual salary of $60,040. This figure is slightly below the national average of $64,030, a common occurrence in nonmetropolitan regions where localized economic factors and industry demand can influence compensation levels. The specific needs and scale of construction projects within this area contribute to the prevailing wage structure.
Executive Summary
- Average Salary: $60,040 per year.
- Growth Trend: Salaries have shifted 18.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $80,770.
- Outlook: The construction and extraction sector in Southwest Colorado is notably concentrated, with a Location Quotient of 1.73, indicating a significantly higher presence of these jobs relative to the national average. Supporting a local workforce of 7,720 individuals, this concentration suggests a robust and established demand for skilled labor in these fields within the region.
Salary Overview
The average Construction and Extraction Occupations in Southwest Colorado nonmetropolitan area earns-6.2%below the national average.
$28.9
$1,155
$5,003
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the construction and extraction sector has experienced steady growth over the past four years, mirroring national trends. This growth likely translates to a gradual increase in average salaries as demand for skilled tradespeople and project managers continues to rise, driven by infrastructure development and housing needs.
Construction and Extraction Occupations Salary Distribution in Southwest Colorado nonmetropolitan area
Within the Construction and Extraction Occupations, salary progression is strongly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and supervisory experience can command significantly higher salaries, often reaching into the upper percentiles. The gap between entry-level and senior roles highlights substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $38,470 | $18.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $45,030 | $21.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $57,470 | $27.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $75,050 | $36.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $80,770 | $38.8 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$60,040
Gross Pay
Real Wage (Purchasing Power)
$60,040
Adjusted for COL (100)
The average annual salary of $60,040 in Southwest Colorado aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial environment for residents without the added pressure of higher or lower living expenses compared to the rest of the country.
Job Market Context
7,720
Total Jobs
71.403
Per 1K Jobs
1.73
Location Quotient
Southwest Colorado nonmetropolitan area has 1.7x 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.
With a Location Quotient of 1.73, Southwest Colorado exhibits a strong concentration of Construction and Extraction Occupations compared to the national landscape. This suggests that the job market in this sector is more abundant and potentially more competitive for employers seeking talent, as the workforce is more heavily weighted towards these roles than the national average.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Construction and Extraction Occupations Salary | $60,150↑ 0% | 32 mi |
| Denver-Aurora-Centennial, CO Construction and Extraction Occupations Salary | $65,800↑ 10% | 54 mi |
| Pueblo, CO Construction and Extraction Occupations Salary | $59,640↓ 1% | 66 mi |
| Boulder, CO Construction and Extraction Occupations Salary | $64,660↑ 8% | 67 mi |
| Greeley, CO Construction and Extraction Occupations Salary | $60,000↓ 0% | 98 mi |
Comparing salaries near Southwest Colorado nonmetropolitan area
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Southwest Colorado nonmetropolitan area?
The median annual salary for a Construction and Extraction Occupations in Southwest Colorado nonmetropolitan area is $60,040. This typically ranges from $38,470 for entry-level positions to $80,770 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 6.2% lower than the national median of $64,030.
Is Southwest Colorado nonmetropolitan area a lucrative place for Construction and Extraction Occupationss?
Yes, with a caveat.The average salary of $60,040 is competitive with the national average cost of living, and the high concentration of jobs (LQ 1.73) indicates strong regional demand.
Is Southwest Colorado nonmetropolitan area a good place to live for Construction and Extraction Occupations?
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 ($60,150) and Denver-Aurora-Centennial, CO.
How does the local salary compare to the national average?
The average annual salary for Construction and Extraction Occupations in Southwest Colorado is $60,040, which is slightly lower than the national average of $64,030.
What is the concentration of these jobs in Southwest Colorado?
The region has a high concentration of these jobs, indicated by a Location Quotient of 1.73, meaning there are significantly more of these roles relative to the national average.
How does the cost of living affect the salary?
The Cost of Living Index is 100, which is the national average, meaning the $60,040 salary has the same purchasing power as the national average salary.
How many people work in these occupations locally?
There are approximately 7,720 individuals employed in Construction and Extraction Occupations in the Southwest 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 7,720 employees in the Southwest Colorado nonmetropolitan area area with a job density of 71.403 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 Southwest Colorado nonmetropolitan area