Average Data Scientists Salary in Colorado Springs, CO
Data Scientists in Colorado Springs, CO, earn an average annual salary of $116,630. This figure is slightly below the national average of $126,010, reflecting a localized market dynamic. Factors such as the specific industry concentration and demand within the region contribute to this pay scale.
Executive Summary
- Average Salary: $116,630 per year.
- Growth Trend: Salaries have shifted 20.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $174,230.
- Outlook: With a local workforce of 470 Data Scientists, Colorado Springs presents a moderately sized talent pool. The Location Quotient of 0.98 indicates that the concentration of these roles is nearly on par with the national average, suggesting a stable but not exceptionally high demand relative to the overall job market.
Salary Overview
The average Data Scientists in Colorado Springs, CO earns-7.4%below the national average.
$56.1
$2,243
$9,719
Data Scientists Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that the demand for Data Scientists has seen consistent growth over the past four years, mirroring national trends. This likely translates to a steady increase in average salaries within Colorado Springs as the field matures and its importance grows.
Data Scientists Salary Distribution in Colorado Springs, CO
Salary progression for Data Scientists in Colorado Springs typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior Data Scientists with specialized skills and a proven track record can command salaries well above the average, reaching into the upper percentiles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $64,740 | $31.1 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $87,473 | $42.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $116,900 | $56.2 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $145,788 | $70.1 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $174,230 | $83.8 |
Detailed Data Scientists Market Analysis
Relocation Context
Nominal Salary
$116,630
Gross Pay
Real Wage (Purchasing Power)
$116,630
Adjusted for COL (100)
The average annual salary of $116,630 in Colorado Springs aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Data Scientist's salary in Colorado Springs is equivalent to the national average, offering a stable financial standing relative to living expenses.
Job Market Context
470
Total Jobs
1.479
Per 1K Jobs
0.98
Location Quotient
Colorado Springs, CO has 0.98x the national average concentration of Data Scientists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.98 suggests that Colorado Springs has a Data Scientist job market that is very close to the national average in terms of concentration. This indicates a balanced market where the number of Data Scientists is neither exceptionally high nor low compared to the overall employment landscape, implying moderate competition and availability.
Nearby Job Markets
Nearby Cities for Data Scientists
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area Data Scientists Salary | $100,670↓ 14% | 32 mi |
| Denver-Aurora-Centennial, CO Data Scientists Salary | $115,540↓ 1% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Data Scientistss?
Frequently Asked Questions
How much does a Data Scientists make in Colorado Springs, CO?
The median annual salary for a Data Scientists in Colorado Springs, CO is $116,630. This typically ranges from $64,740 for entry-level positions to $174,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 7.4% lower than the national median of $126,010.
Is Colorado Springs, CO a lucrative place for Data Scientists?
Yes, Colorado Springs offers a competitive salary for Data Scientists.While the average salary is slightly below the national average, the cost of living is also at the national average, making the nominal salary hold its value. The stable job market further supports its lucrativeness.
Is Colorado Springs, CO a good place to live for Data Scientists?
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 ($100,670) and Denver-Aurora-Centennial, CO.
How does the Colorado Springs Data Scientist salary compare to the national average?
The average annual salary for Data Scientists in Colorado Springs is $116,630, which is approximately $9,380 less than the national average of $126,010.
What is the concentration of Data Scientists in Colorado Springs?
The concentration of Data Scientists in Colorado Springs, measured by the Location Quotient, is 0.98, indicating a presence very close to the national average.
How does the cost of living in Colorado Springs affect salary perception?
With a Cost of Living Index of 100, Colorado Springs is at the national average. This means the $116,630 salary has the same purchasing power as the national average salary in a typical US city.
What is the total number of Data Scientists employed in Colorado Springs?
There are approximately 470 Data Scientists employed in the Colorado Springs area.
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 Colorado Springs, CO area with a job density of 1.479 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Data Scientists • Data source: BLS OEWS 2024 •Jobs in Colorado Springs, CO