Average Electric Motor, Power Tool, and Related Repairers Salary in Colorado
Electric Motor, Power Tool, and Related Repairers in Colorado earn an impressive average annual salary of $66,230, significantly surpassing the national average of $55,540. This elevated compensation is likely driven by Colorado's robust industrial sector and a higher cost of living, necessitating greater pay to attract and retain skilled professionals in specialized repair roles.
Executive Summary
- Average Salary: $66,230 per year.
- Growth Trend: Salaries have shifted 52.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $93,490.
- Outlook: With a total local workforce of 510 and a Location Quotient of 1.63, Colorado demonstrates a notable concentration of Electric Motor, Power Tool, and Related Repairers compared to the national average. This suggests a healthy demand for these specialized skills within the state, indicating a stable and potentially growing job market for professionals in this field.
Salary Overview
The average Electric Motor, Power Tool, and Related Repairers in Colorado earns+19.2%above the national average.
$31.8
$1,274
$5,519
Electric Motor, Power Tool, and Related Repairers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Electric Motor, Power Tool, and Related Repairers in Colorado have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for specialized repair services, and advancements in technology likely contribute to this upward salary trajectory.
Electric Motor, Power Tool, and Related Repairers Salary Distribution in Colorado
Salary progression for Electric Motor, Power Tool, and Related Repairers in Colorado typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior technicians with extensive experience and specialized certifications can command salaries significantly above the average. The percentile gaps in earnings clearly signify the career progression and increased earning potential available with accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $45,590 | $21.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $49,673 | $23.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $61,080 | $29.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $82,788 | $39.8 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $93,490 | $44.9 |
Detailed Electric Motor, Power Tool, and Related Repairers Market Analysis
Relocation Context
Nominal Salary
$66,230
Gross Pay
Real Wage (Purchasing Power)
$62,777
Adjusted for COL (105.5)
The average annual salary of $66,230 in Colorado presents a mixed picture when considering the local Cost of Living Index of 105.5. While the nominal salary is substantially higher than the national average, the cost of living is also approximately 5.5% above the national benchmark. This means that while take-home pay is higher, the purchasing power may be slightly diminished compared to areas with a lower cost of living.
Job Market Context
510
Total Jobs
0.175
Per 1K Jobs
1.63
Location Quotient
Colorado has 1.6x the national concentration of Electric Motor, Power Tool, and Related Repairers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Colorado's Location Quotient of 1.63 indicates that Electric Motor, Power Tool, and Related Repairers are 63% more concentrated in the state than the national average. This suggests a robust and specialized job market for these professionals, implying a higher demand relative to the general workforce and potentially more competitive opportunities for skilled individuals.
Nearby Job Markets
Nearby Cities for Electric Motor, Power Tool, and Related Repairers
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Electric Motor, Power Tool, and Related Repairers Salary | $63,280↓ 4% | 32 mi |
| Denver-Aurora-Centennial, CO Electric Motor, Power Tool, and Related Repairers Salary | $72,550↑ 10% | 54 mi |
Comparing salaries near Colorado
Hiring Electric Motor, Power Tool, and Related Repairerss?
Frequently Asked Questions
How much does a Electric Motor, Power Tool, and Related Repairers make in Colorado?
The median annual salary for a Electric Motor, Power Tool, and Related Repairers in Colorado is $66,230. This typically ranges from $45,590 for entry-level positions to $93,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado is 19.2% higher than the national median of $55,540.
Is Colorado a lucrative place for Electric Motor, Power Tool, and Related Repairerss?
Yes, Colorado offers lucrative opportunities for Electric Motor, Power Tool, and Related Repairers.The average salary significantly exceeds the national average, and the high concentration of these roles suggests strong local demand.
Is Colorado a good place to live for Electric Motor, Power Tool, and Related Repairers?
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 ($63,280) and Denver-Aurora-Centennial, CO.
How does Colorado's average salary compare to the national average?
The average annual salary for Electric Motor, Power Tool, and Related Repairers in Colorado is $66,230, which is considerably higher than the national average of $55,540.
What is the concentration of this job role in Colorado?
Colorado has a Location Quotient of 1.63 for this role, meaning the profession is 63% more concentrated in the state than the national average, indicating a higher demand.
How does the cost of living affect the salary in Colorado?
With a Cost of Living Index of 105.5, Colorado is slightly more expensive than the national average. The higher salary helps to offset this increased cost.
What does the total local workforce number signify?
A total local workforce of 510 for this specific role indicates a substantial, though not massive, presence of these skilled professionals within Colorado.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Colorado area with a job density of 0.175 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Electric Motor, Power Tool, and Related Repairers • Data source: BLS OEWS 2024 •Jobs in Colorado