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Average Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary in Colorado Springs, CO

In Colorado Springs, CO, Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers earn an average annual salary of $46,010. This figure is slightly above the national average of $45,940, indicating a stable and competitive compensation landscape. Local economic factors and industry demand in Colorado Springs contribute to this favorable pay.

Executive Summary

  • Average Salary: $46,010 per year.
  • Growth Trend: Salaries have shifted 35.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,100.
  • Outlook: The local workforce for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Colorado Springs comprises approximately 600 individuals. With a Location Quotient of 1.12, the concentration of these roles in Colorado Springs is slightly higher than the national average, suggesting a robust and potentially growing demand for skilled assemblers in the region.
2024 Market Data

Salary Overview

$46,010

The average Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Colorado Springs, CO earns+0.2%above the national average.

BreakdownBased on 40h/week
Hourly

$22.1

Weekly

$885

Monthly

$3,834

Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary Distribution in Colorado Springs, CO

Salary progression for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Colorado Springs typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior assemblers with specialized skills and years of experience can command significantly higher salaries, reflecting the increased responsibility and expertise they bring to the role.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,450$18
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$34,508$16.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$46,000$22.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$57,513$27.7
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$58,100$27.9

Detailed Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Market Analysis

Relocation Context

Nominal Salary

$46,010

Gross Pay

Real Wage (Purchasing Power)

$46,010

Adjusted for COL (100)

The average annual salary of $46,010 in Colorado Springs aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an assembler's salary in Colorado Springs is equivalent to the national average, making it a financially stable location for professionals in this field.

Job Market Context

600

Total Jobs

1.893

Per 1K Jobs

1.12

Location Quotient

Above Average

With a location quotient of 1.12, Colorado Springs, CO has a slightly higher-than-average concentration of Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers roles compared to the national norm.

A Location Quotient of 1.12 signifies that Colorado Springs has a slightly higher concentration of Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers jobs compared to the national average. This suggests a healthy job market with potentially more opportunities and less intense competition than areas with lower LQs.

Nearby Job Markets

Nearby Cities for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers

Comparing salaries near Colorado Springs, CO

Hiring Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finisherss?

Frequently Asked Questions

How much does a Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers make in Colorado Springs, CO?

The median annual salary for a Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Colorado Springs, CO is $46,010. This typically ranges from $37,450 for entry-level positions to $58,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Colorado Springs, CO is 0.2% higher than the national median of $45,940.

Is Colorado Springs, CO a lucrative place for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers?

Yes, Colorado Springs offers a slightly above-average salary with a cost of living that matches the national average.The average salary of $46,010 is marginally higher than the national average, and with a Cost of Living Index of 100, your earnings will have strong purchasing power.

Is Colorado Springs, CO a good place to live for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers?

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 Southwest Colorado nonmetropolitan area ($43,620) and Denver-Aurora-Centennial, CO.

How does the local workforce size impact job availability?

A local workforce of 600 suggests a moderately sized pool of professionals, indicating a stable but not oversaturated market for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Colorado Springs.

What does a Location Quotient of 1.12 mean for job seekers?

A Location Quotient of 1.12 indicates that jobs for this role are 12% more concentrated in Colorado Springs than the national average, implying a potentially stronger demand and more specialized industry presence.

How does the cost of living in Colorado Springs compare nationally?

Colorado Springs has a Cost of Living Index of 100, which is exactly the national average. This means that the average salary of $46,010 provides a standard level of purchasing power compared to the rest of the country.

Are there significant salary differences based on experience for this role in Colorado Springs?

While specific data isn't provided, it's typical for experienced Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers to earn substantially more than entry-level workers, with salary gaps widening for senior and specialized positions.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 600 employees in the Colorado Springs, CO area with a job density of 1.893 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.