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Average Electricians Salary in Colorado Springs, CO

Electricians in Colorado Springs, CO earn an average annual salary of $60,630, which is notably below the national average of $69,280. This disparity can often be attributed to a combination of local market demand, the specific types of projects prevalent in the region, and the overall economic landscape of Colorado Springs.

Executive Summary

  • Average Salary: $60,630 per year.
  • Growth Trend: Salaries have shifted 20.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $79,800.
  • Outlook: With a local workforce of 1,230 electricians and a location quotient of 0.8, Colorado Springs presents a slightly less concentrated market compared to the national average. This suggests a stable, albeit not exceptionally high, demand for electrical services, indicating a solid job market for skilled professionals in the area.
2024 Market Data

Salary Overview

$60,630

The average Electricians in Colorado Springs, CO earns-12.5%below the national average.

BreakdownBased on 40h/week
Hourly

$29.2

Weekly

$1,166

Monthly

$5,053

Electricians Salary Distribution in Colorado Springs, CO

The salary range for electricians in Colorado Springs typically widens significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command salaries well above the average. These percentile gaps clearly signify opportunities for career progression and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$39,490$19
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$45,473$21.9
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$59,620$28.7
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$75,788$36.4
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$79,800$38.4

Detailed Electricians Market Analysis

Relocation Context

Nominal Salary

$60,630

Gross Pay

Real Wage (Purchasing Power)

$60,630

Adjusted for COL (100)

The average electrician salary of $60,630 in Colorado Springs aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of an electrician's salary in Colorado Springs is equivalent to that of an electrician in a typical U.S. city.

Job Market Context

1,230

Total Jobs

3.864

Per 1K Jobs

0.8

Location Quotient

Below Average

Colorado Springs, CO has 0.80x the national average concentration of Electricians 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 0.8 indicates that Colorado Springs has a slightly lower concentration of electricians relative to the national average. This suggests that while the profession is well-represented, the market is not oversaturated, potentially offering good opportunities for qualified individuals seeking employment without facing intense competition.

Nearby Job Markets

Nearby Cities for Electricians

Comparing salaries near Colorado Springs, CO

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Frequently Asked Questions

How much does a Electricians make in Colorado Springs, CO?

The median annual salary for a Electricians in Colorado Springs, CO is $60,630. This typically ranges from $39,490 for entry-level positions to $79,800 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Colorado Springs, CO is 12.5% lower than the national median of $69,280.

Is Colorado Springs, CO a lucrative place for Electricians?

No, not significantly more lucrative than the national average.The average electrician salary in Colorado Springs is below the national average, though the cost of living is also at the national average. This results in comparable purchasing power but not a higher earning potential.

Is Colorado Springs, CO a good place to live for Electricians?

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 ($63,970) and Southwest Colorado nonmetropolitan area.

How does the number of jobs per 1,000 workers compare nationally?

Colorado Springs has 3.864 jobs per 1,000 workers for electricians, which is slightly below the national average, indicating a moderate level of employment density for the profession.

What is the total number of electricians in Colorado Springs?

There are approximately 1,230 electricians employed in Colorado Springs, CO, forming a significant portion of the local skilled trades workforce.

Does experience impact an electrician's salary in Colorado Springs?

Yes, experience is a major factor. Entry-level electricians will earn less, while senior electricians with specialized skills and years of experience can significantly exceed the average salary.

How does the local electrician market compare to national concentration?

The location quotient of 0.8 means Colorado Springs has fewer electricians per capita than the national average, suggesting a less competitive but steady job market for this trade.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,230 employees in the Colorado Springs, CO area with a job density of 3.864 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.