Average Electric Motor, Power Tool, and Related Repairers Salary in Colorado Springs, CO
Yes, Colorado Springs, CO is a highly lucrative market for Electric Motor, Power Tool, and Related Repairerss. With an average annual salary of $63,280, professionals here earn significantly more than the national norm. Notably, Colorado Springs, CO is a key hub for this profession, with a job concentration 1.68x higher than average.
Executive Summary
- Average Salary: $63,280 per year.
- Growth Trend: Salaries have shifted 11.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $87,200.
- Outlook: The current demand for Electric Motor, Power Tool, and Related Repairerss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Colorado Springs, CO economy.
Salary Overview
The average Electric Motor, Power Tool, and Related Repairers in Colorado Springs, CO earns+13.9%above the national average.
$30.4
$1,217
$5,273
Electric Motor, Power Tool, and Related Repairers Salary Trends (2020-2024)
Over the past 4 years, Electric Motor, Power Tool, and Related Repairers salaries in Colorado Springs, CO have shown healthy growth of 11.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Electric Motor, Power Tool, and Related Repairers Salary Distribution in Colorado Springs, CO
The earning potential for Electric Motor, Power Tool, and Related Repairerss in Colorado Springs, CO varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $42,700, while highly experienced professionals can command wages upwards of $87,200.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $42,700 | $20.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $47,460 | $22.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $56,930 | $27.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $79,100 | $38 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $87,200 | $41.9 |
Detailed Electric Motor, Power Tool, and Related Repairers Market Analysis
Relocation Context
Nominal Salary
$63,280
Gross Pay
Real Wage (Purchasing Power)
$63,280
Adjusted for COL (100)
In Colorado Springs, CO, the Cost of Living Index is 100. This increases your effective purchasing power from $63,280 to $63,280.
Job Market Context
60
Total Jobs
0.181
Per 1K Jobs
1.68
Location Quotient
Colorado Springs, CO has 1.7x 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.
60 people work as Electric Motor, Power Tool, and Related Repairers in Colorado Springs, CO.
Only 0.181 out of every 1,000 local jobs are Electric Motor, Power Tool, and Related Repairers roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Electric Motor, Power Tool, and Related Repairers
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area Electric Motor, Power Tool, and Related Repairers Salary | $50,660↓ 20% | 32 mi |
| Denver-Aurora-Centennial, CO Electric Motor, Power Tool, and Related Repairers Salary | $72,550↑ 15% | 62 mi |
Comparing salaries near Colorado Springs, CO
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 Springs, CO?
The median annual salary for a Electric Motor, Power Tool, and Related Repairers in Colorado Springs, CO is $63,280. This typically ranges from $42,700 for entry-level positions to $87,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 13.9% higher than the national median of $55,540.
Is Colorado Springs, CO a good place for Electric Motor, Power Tool, and Related Repairerss?
Yes, Colorado Springs, CO is an excellent location for Electric Motor, Power Tool, and Related Repairerss. It offers both higher-than-average salaries ($63,280) and a high concentration of job opportunities. See distinct detailed breakdown below.
Is Colorado Springs, CO a good place to live for Electric Motor, Power Tool, and Related Repairers?
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 ($50,660) and Denver-Aurora-Centennial, CO.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Colorado Springs, CO area with a job density of 0.181 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 Springs, CO