Average Construction Managers Salary in Colorado Springs, CO
Construction Managers in Colorado Springs, CO, command an average annual salary of $114,220. This figure is slightly below the national average of $119,770, suggesting a localized compensation structure influenced by regional economic factors and demand within the state. The specific needs and growth patterns of the Colorado Springs construction sector play a significant role in determining this pay scale.
Executive Summary
- Average Salary: $114,220 per year.
- Growth Trend: Salaries have shifted 20.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,660.
- Outlook: With a local workforce of 1,140 Construction Managers, Colorado Springs demonstrates a notable concentration of this profession, indicated by a Location Quotient of 1.58. This suggests that the demand for construction management expertise is significantly higher in this area compared to the national average, pointing towards a robust and potentially growing job market for these professionals.
Salary Overview
The average Construction Managers in Colorado Springs, CO earns-4.6%below the national average.
$54.9
$2,197
$9,518
Construction Managers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Construction Managers in Colorado Springs have experienced a steady upward trend over the past four years, mirroring national patterns of wage growth in skilled trades and management roles. This growth is likely driven by increased construction activity, inflation, and the demand for experienced professionals to oversee complex projects.
Construction Managers Salary Distribution in Colorado Springs, CO
The career trajectory for Construction Managers in Colorado Springs typically involves significant salary progression based on experience. Entry-level positions might start at the lower end of the pay scale, while seasoned professionals with extensive project management experience and a proven track record can command salaries well above the average, often reaching into the top percentiles, reflecting their increased value and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $64,410 | $31 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $85,665 | $41.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $104,220 | $50.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $142,775 | $68.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $165,660 | $79.6 |
Detailed Construction Managers Market Analysis
Relocation Context
Nominal Salary
$114,220
Gross Pay
Real Wage (Purchasing Power)
$114,220
Adjusted for COL (100)
The average annual salary of $114,220 in Colorado Springs aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Construction Manager's salary in this city is equivalent to the national standard, offering a stable financial environment without the immediate pressure of high living expenses often associated with higher nominal salaries in more expensive regions.
Job Market Context
1,140
Total Jobs
3.578
Per 1K Jobs
1.58
Location Quotient
Colorado Springs, CO has 1.6x 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 1.58 signifies that Construction Managers are 58% more concentrated in Colorado Springs than the national average. This indicates a strong local demand and a specialized market for these professionals, suggesting that while the job market is robust, competition might also be present among a relatively abundant pool of qualified individuals within the region.
Nearby Job Markets
Nearby Cities for Construction Managers
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area Construction Managers Salary | $108,610↓ 5% | 32 mi |
| Southwest Colorado nonmetropolitan area Construction Managers Salary | $110,190↓ 4% | 32 mi |
| Eastern and Southern Colorado nonmetropolitan area Construction Managers Salary | $103,750↓ 9% | 32 mi |
| Pueblo, CO Construction Managers Salary | $103,400↓ 9% | 42 mi |
| Denver-Aurora-Centennial, CO Construction Managers Salary | $126,700↑ 11% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Construction Managerss?
Frequently Asked Questions
How much does a Construction Managers make in Colorado Springs, CO?
The median annual salary for a Construction Managers in Colorado Springs, CO is $114,220. This typically ranges from $64,410 for entry-level positions to $165,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 4.6% lower than the national median of $119,770.
Is Colorado Springs, CO a lucrative place for Construction Managers?
Yes, Colorado Springs offers a competitive environment for Construction Managers.While the average salary is slightly below the national benchmark, the strong concentration of professionals (LQ 1.58) and a cost of living at the national average create a favorable economic standing for those in this role.
Is Colorado Springs, CO a good place to live for Construction Managers?
The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado Springs, CO?
Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($108,610) and Southwest Colorado nonmetropolitan area.
How does the Colorado Springs Construction Manager salary compare to the national average?
The average salary for Construction Managers in Colorado Springs is $114,220, which is approximately 4.6% lower than the national average of $119,770.
What is the significance of the Location Quotient (LQ) for Construction Managers in Colorado Springs?
An LQ of 1.58 means that Construction Managers are 58% more concentrated in Colorado Springs than the national average, indicating a higher demand and presence of this profession in the local job market.
How does the cost of living in Colorado Springs affect the Construction Manager salary?
With a Cost of Living Index of 100, Colorado Springs is at the national average. This means the $114,220 salary has purchasing power equivalent to the national average, making it a stable financial proposition.
What does the total local workforce number imply for Construction Managers?
A total local workforce of 1,140 Construction Managers suggests a substantial and established professional community within Colorado Springs, supporting the high concentration indicated by the Location Quotient.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,140 employees in the Colorado Springs, CO area with a job density of 3.578 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 Springs, CO