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Average Construction Managers Salary in Southwest Colorado nonmetropolitan area

Construction Managers in the Southwest Colorado nonmetropolitan area earn an average annual salary of $110,190. This figure is notably close to the national average of $119,770, suggesting a competitive compensation landscape. Factors such as regional demand for infrastructure projects and the specific skill sets required in this area likely contribute to this pay scale.

Executive Summary

  • Average Salary: $110,190 per year.
  • Growth Trend: Salaries have shifted 5.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $163,550.
  • Outlook: With a local workforce of 470 Construction Managers and a Location Quotient of 1.93, the job market in Southwest Colorado demonstrates a significant concentration of these professionals relative to the national average. This indicates a robust demand and a specialized need for construction management expertise within the region, suggesting a stable outlook for those in the field.
2024 Market Data

Salary Overview

$110,190

The average Construction Managers in Southwest Colorado nonmetropolitan area earns-8.0%below the national average.

BreakdownBased on 40h/week
Hourly

$53

Weekly

$2,119

Monthly

$9,183

Construction Managers Salary Distribution in Southwest Colorado nonmetropolitan area

Salary progression for Construction Managers in Southwest Colorado typically correlates with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive project portfolios and leadership experience can command salaries significantly higher than the average. The percentile gaps in earnings clearly signify the career advancement and earning potential available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$64,990$31.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$82,643$39.7
ManagerOversees team, compliance, and project delivery.50% (Median)$101,580$48.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$137,738$66.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$163,550$78.6

Detailed Construction Managers Market Analysis

Relocation Context

Nominal Salary

$110,190

Gross Pay

Real Wage (Purchasing Power)

$110,190

Adjusted for COL (100)

The average annual salary of $110,190 in Southwest Colorado aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Construction Manager's salary in this region is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.

Job Market Context

470

Total Jobs

4.356

Per 1K Jobs

1.93

Location Quotient

Major Hub

Southwest Colorado nonmetropolitan area has 1.9x 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 1.93 signifies that Construction Managers are more than 90% more concentrated in Southwest Colorado than the national average. This high concentration suggests a strong regional industry presence and potentially a competitive job market where specialized skills are highly valued, indicating a favorable environment for experienced professionals.

Nearby Job Markets

Nearby Cities for Construction Managers

Comparing salaries near Southwest Colorado nonmetropolitan area

Hiring Construction Managerss?

Frequently Asked Questions

How much does a Construction Managers make in Southwest Colorado nonmetropolitan area?

The median annual salary for a Construction Managers in Southwest Colorado nonmetropolitan area is $110,190. This typically ranges from $64,990 for entry-level positions to $163,550 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 8.0% lower than the national median of $119,770.

Is Southwest Colorado nonmetropolitan area a lucrative place for Construction Managers?

Yes, it offers competitive compensation.Construction Managers in Southwest Colorado earn an average of $110,190, which is close to the national average, and the cost of living is also at the national average. The high concentration of these roles (LQ 1.93) further indicates strong regional demand.

Is Southwest Colorado nonmetropolitan area a good place to live for Construction Managers?

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 ($114,220) and Denver-Aurora-Centennial, CO.

How does the local salary compare to the national average?

The average salary for Construction Managers in Southwest Colorado is $110,190, which is slightly below the national average of $119,770, but still represents strong earning potential.

What is the significance of the Location Quotient (LQ) of 1.93?

An LQ of 1.93 indicates that Construction Managers are nearly twice as concentrated in Southwest Colorado compared to the national average, suggesting a high demand and specialized market for these professionals in the region.

How does the cost of living affect the salary in Southwest Colorado?

With a Cost of Living Index of 100, the salary of $110,190 in Southwest Colorado holds the same purchasing power as the national average, offering a balanced financial environment.

What is the total number of Construction Managers in this area?

There are approximately 470 Construction Managers employed in the Southwest Colorado nonmetropolitan area, reflecting a significant local workforce in this profession.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Southwest Colorado nonmetropolitan area area with a job density of 4.356 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.