Average Electricians Salary in Fort Collins-Loveland, CO
Electricians in the Fort Collins-Loveland, Colorado area earn an average annual salary of $61,930. This figure is notably below the national average of $69,280, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation within this region.
Executive Summary
- Average Salary: $61,930 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $84,510.
- Outlook: The Fort Collins-Loveland area supports a robust electrician workforce of 830 individuals. With a Location Quotient of 0.98, the concentration of electricians is nearly on par with the national average, indicating a stable and consistent demand for their specialized skills within the local economy.
Salary Overview
The average Electricians in Fort Collins-Loveland, CO earns-10.6%below the national average.
$29.8
$1,191
$5,161
Electricians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that electrician salaries in Fort Collins-Loveland have experienced growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for skilled trades, and evolving industry standards likely contribute to a positive salary trajectory for these professionals.
Electricians Salary Distribution in Fort Collins-Loveland, CO
The career path for electricians in Fort Collins-Loveland typically involves significant salary progression from entry-level to senior positions. While specific percentile data isn't available, the expected increase in earnings with experience reflects the acquisition of advanced skills, project management capabilities, and a deeper understanding of complex electrical systems, signifying clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $40,210 | $19.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $46,448 | $22.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,840 | $28.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $77,413 | $37.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $84,510 | $40.6 |
Detailed Electricians Market Analysis
Relocation Context
Nominal Salary
$61,930
Gross Pay
Real Wage (Purchasing Power)
$61,930
Adjusted for COL (100)
An average annual salary of $61,930 in Fort Collins-Loveland aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an electrician's income in this area is directly comparable to the national standard, offering a balanced financial environment for residents.
Job Market Context
830
Total Jobs
4.72
Per 1K Jobs
0.98
Location Quotient
Fort Collins-Loveland, CO has 0.98x 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.
The Location Quotient of 0.98 for electricians in Fort Collins-Loveland indicates a job market that is very close to the national average in terms of concentration. This suggests a competitive yet stable environment where the number of electricians is well-aligned with the demand for their services, without significant oversupply or undersupply.
Nearby Job Markets
Nearby Cities for Electricians
| City | Salary | Dist. |
|---|---|---|
| Greeley, CO Electricians Salary | $63,830↑ 3% | 18 mi |
| Boulder, CO Electricians Salary | $65,120↑ 5% | 37 mi |
| Cheyenne, WY Electricians Salary | $68,300↑ 10% | 43 mi |
| Denver-Aurora-Centennial, CO Electricians Salary | $66,080↑ 7% | 55 mi |
Comparing salaries near Fort Collins-Loveland, CO
Hiring Electricianss?
Frequently Asked Questions
How much does a Electricians make in Fort Collins-Loveland, CO?
The median annual salary for a Electricians in Fort Collins-Loveland, CO is $61,930. This typically ranges from $40,210 for entry-level positions to $84,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Collins-Loveland, CO is 10.6% lower than the national median of $69,280.
Is Fort Collins-Loveland, CO a lucrative place for Electricians?
No, not more lucrative than the national average.While the average salary of $61,930 is substantial, it falls below the national average of $69,280. However, the cost of living is also at the national average, making the effective purchasing power comparable.
Is Fort Collins-Loveland, CO a good place to live for Electricians?
The Cost of Living Index in Fort Collins-Loveland, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Collins-Loveland, CO?
Some top paying nearby cities include Greeley, CO ($63,830) and Boulder, CO.
How does the electrician job market compare nationally?
The job market for electricians in Fort Collins-Loveland is very similar to the national average, with a Location Quotient of 0.98, indicating a balanced supply and demand.
What is the average salary for an electrician in Fort Collins-Loveland, CO?
The average annual salary for an electrician in Fort Collins-Loveland, CO is $61,930.
How does the cost of living in Fort Collins-Loveland affect electrician salaries?
The cost of living in Fort Collins-Loveland is exactly at the national average (100), meaning the $61,930 salary offers purchasing power equivalent to the national average.
What is the size of the electrician workforce in Fort Collins-Loveland?
There are approximately 830 electricians employed in the Fort Collins-Loveland, CO area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 830 employees in the Fort Collins-Loveland, CO area with a job density of 4.72 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Electricians Salaries by State
Top Jobs in Fort Collins-Loveland, CO
- All Occupations Salary in Fort Collins-Loveland, CO
- Office and Administrative Support Occupations Salary in Fort Collins-Loveland, CO
- Food Preparation and Serving Related Occupations Salary in Fort Collins-Loveland, CO
- Sales and Related Occupations Salary in Fort Collins-Loveland, CO
- Business and Financial Operations Occupations Salary in Fort Collins-Loveland, CO
- Healthcare Practitioners and Technical Occupations Salary in Fort Collins-Loveland, CO
- Transportation and Material Moving Occupations Salary in Fort Collins-Loveland, CO
- Educational Instruction and Library Occupations Salary in Fort Collins-Loveland, CO
- Management Occupations Salary in Fort Collins-Loveland, CO
- Production Occupations Salary in Fort Collins-Loveland, CO
- Browse All Jobs in Fort Collins-Loveland, CO →
Semantic Salary Analysis for Electricians • Data source: BLS OEWS 2024 •Jobs in Fort Collins-Loveland, CO