Electric Motor, Power Tool, and Related Repairers in the Denver-Aurora-Centennial, CO area earn an impressive average annual salary of $72,550. This figure significantly surpasses the national average of $55,540, indicating a strong local demand for these skilled professionals. The higher compensation in Denver is likely driven by a combination of specialized industry needs and the overall economic landscape of the region.
Executive Summary
- Average Salary: $72,550 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $93,490.
- Outlook: The local job market for Electric Motor, Power Tool, and Related Repairers in Denver-Aurora-Centennial appears robust, with a total workforce of 290 individuals. The Location Quotient of 1.67 suggests a concentration of these roles that is 67% higher than the national average, signaling a healthy demand and potentially fewer professionals competing for available positions.
Salary Overview
The average Electric Motor, Power Tool, and Related Repairers in Denver-Aurora-Centennial, CO earns+30.6%above the national average.
$34.9
$1,395
$6,046
Electric Motor, Power Tool, and Related Repairers Salary Trends (2020-2024)
While specific historical data for this niche role in Denver is not provided, it's reasonable to assume a positive salary trend over the past four years, mirroring general economic growth and inflation. As the demand for specialized repair services continues, coupled with potential advancements in technology requiring skilled technicians, salaries for Electric Motor, Power Tool, and Related Repairers are likely to have seen consistent growth.
Electric Motor, Power Tool, and Related Repairers Salary Distribution in Denver-Aurora-Centennial, CO
Career progression for Electric Motor, Power Tool, and Related Repairers typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized certifications and extensive experience can command salaries well above the average. The percentile gaps in salary data would clearly signify this upward trajectory from junior to senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $49,320 | $23.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $54,413 | $26.2 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $73,830 | $35.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $90,688 | $43.6 |
| 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
$72,550
Gross Pay
Real Wage (Purchasing Power)
$72,550
Adjusted for COL (100)
The average annual salary of $72,550 in Denver-Aurora-Centennial aligns perfectly with the national average Cost of Living Index of 100. This means that the higher nominal salary translates directly into equivalent purchasing power compared to the national average, making Denver a financially stable location for these professionals without a significant cost-of-living penalty.
Job Market Context
290
Total Jobs
0.18
Per 1K Jobs
1.67
Location Quotient
Denver-Aurora-Centennial, 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.
With a Location Quotient of 1.67, Denver-Aurora-Centennial demonstrates a notable concentration of Electric Motor, Power Tool, and Related Repairers compared to the rest of the nation. This suggests a specialized market where demand may outpace supply, potentially leading to competitive compensation and ample job opportunities for qualified individuals in this field.
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↓ 30% | 54 mi |
Comparing salaries near Denver-Aurora-Centennial, 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 Denver-Aurora-Centennial, CO?
The median annual salary for a Electric Motor, Power Tool, and Related Repairers in Denver-Aurora-Centennial, CO is $72,550. This typically ranges from $49,320 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 Denver-Aurora-Centennial, CO is 30.6% higher than the national median of $55,540.
Is Denver-Aurora-Centennial, CO a lucrative place for Electric Motor, Power Tool, and Related Repairerss?
Yes, Denver-Aurora-Centennial, CO is a lucrative location for Electric Motor, Power Tool, and Related Repairers.The average salary of $72,550 is significantly higher than the national average, and the Cost of Living Index is at the national average, indicating strong earning potential.
Is Denver-Aurora-Centennial, CO a good place to live for Electric Motor, Power Tool, and Related Repairers?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($50,660) and others.
How does the Denver salary compare to the national average?
The average salary for Electric Motor, Power Tool, and Related Repairers in Denver-Aurora-Centennial is $72,550, which is substantially higher than the national average of $55,540.
What does the Location Quotient of 1.67 mean for this role in Denver?
A Location Quotient of 1.67 indicates that this profession is 67% more concentrated in Denver-Aurora-Centennial than the national average, suggesting higher demand relative to the workforce size.
Is the cost of living a factor for this salary in Denver?
No, the Cost of Living Index in Denver is 100, which is the national average. This means the higher salary offers equivalent purchasing power compared to the national average.
How many Electric Motor, Power Tool, and Related Repairers work in Denver?
There are approximately 290 Electric Motor, Power Tool, and Related Repairers employed in the Denver-Aurora-Centennial metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Denver-Aurora-Centennial, CO area with a job density of 0.18 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 Denver-Aurora-Centennial, CO