Average Construction Managers Salary in Colorado
Construction Managers in Colorado command an impressive average annual salary of $120,930, slightly surpassing the national average of $119,770. This elevated compensation is likely driven by Colorado's dynamic construction sector, fueled by population growth and ongoing development projects that necessitate skilled leadership.
Executive Summary
- Average Salary: $120,930 per year.
- Growth Trend: Salaries have shifted 13.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $175,730.
- Outlook: With a substantial local workforce of 13,150 Construction Managers, Colorado demonstrates a significant concentration of these professionals. The Location Quotient of 2.01 indicates that this role is more than twice as prevalent in Colorado compared to the national average, suggesting robust demand and a thriving job market for experienced construction management talent.
Salary Overview
The average Construction Managers in Colorado earns+1.0%above the national average.
$58.1
$2,326
$10,078
Construction Managers Salary Trends (2020-2024)
Over the past four years, it is reasonable to assume that salaries for Construction Managers in Colorado have experienced consistent growth, mirroring national trends. Factors such as inflation, increased demand for housing and infrastructure, and the rising complexity of construction projects likely contribute to upward pressure on compensation for these vital roles.
Construction Managers Salary Distribution in Colorado
The salary spectrum for Construction Managers in Colorado typically widens significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and leadership experience can command salaries well into the upper percentiles, reflecting a clear career progression and the value of accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $69,030 | $33.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $90,698 | $43.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $113,520 | $54.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $151,163 | $72.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $175,730 | $84.5 |
Detailed Construction Managers Market Analysis
Relocation Context
Nominal Salary
$120,930
Gross Pay
Real Wage (Purchasing Power)
$114,626
Adjusted for COL (105.5)
While the average salary of $120,930 is strong, Colorado's Cost of Living Index of 105.5 means that expenses are approximately 5.5% higher than the national average. This suggests that the purchasing power of a Construction Manager's salary in Colorado is slightly reduced compared to more affordable states, though still generally competitive.
Job Market Context
13,150
Total Jobs
4.55
Per 1K Jobs
2.01
Location Quotient
Colorado has 2.0x the national concentration of Construction Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 2.01 for Construction Managers in Colorado signifies a highly concentrated job market, indicating that this profession is significantly more prevalent here than the national average. This suggests a competitive environment for new entrants but also a wealth of opportunities and potential for career advancement for established professionals within the state.
Nearby Job Markets
Nearby Cities for Construction Managers
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Construction Managers Salary | $114,220↓ 6% | 32 mi |
| Denver-Aurora-Centennial, CO Construction Managers Salary | $126,700↑ 5% | 54 mi |
| Pueblo, CO Construction Managers Salary | $103,400↓ 14% | 66 mi |
| Boulder, CO Construction Managers Salary | $122,660↑ 1% | 67 mi |
| Greeley, CO Construction Managers Salary | $111,450↓ 8% | 98 mi |
Comparing salaries near Colorado
Hiring Construction Managerss?
Frequently Asked Questions
How much does a Construction Managers make in Colorado?
The median annual salary for a Construction Managers in Colorado is $120,930. This typically ranges from $69,030 for entry-level positions to $175,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado is 1.0% higher than the national median of $119,770.
Is Colorado a lucrative place for Construction Managers?
Yes, Colorado is a lucrative place for Construction Managers.Construction Managers in Colorado earn above the national average salary, and the state shows a high concentration of these roles, indicating strong demand.
Is Colorado a good place to live for Construction Managers?
The Cost of Living Index in Colorado is 105.5. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado?
Some top paying nearby cities include Colorado Springs, CO ($114,220) and Denver-Aurora-Centennial, CO.
How does the number of Construction Managers in Colorado compare nationally?
Colorado has a substantial local workforce of 13,150 Construction Managers, and a Location Quotient of 2.01, meaning the profession is more than twice as concentrated as the national average.
What does a Location Quotient of 2.01 mean for Construction Managers in Colorado?
A Location Quotient of 2.01 signifies that Construction Managers are significantly more prevalent in Colorado's workforce compared to the national average, pointing to a robust and concentrated job market.
How does the cost of living in Colorado affect a Construction Manager's salary?
With a Cost of Living Index of 105.5, Colorado is about 5.5% more expensive than the national average. This means the $120,930 salary has slightly less purchasing power than it would in a lower-cost state, but remains competitive.
What is the average number of Construction Managers per 1,000 workers in Colorado?
In Colorado, there are approximately 4.55 Construction Managers for every 1,000 workers, which is considerably higher than the national average, reflecting the state's active construction industry.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 13,150 employees in the Colorado area with a job density of 4.55 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 Managers • Data source: BLS OEWS 2024 •Jobs in Colorado