Average Gambling Dealers Salary in Colorado
Gambling Dealers in Colorado earn an average annual salary of $40,780, surpassing the national average of $39,000. This higher compensation in Colorado can be attributed to a combination of factors, including the state's specific economic landscape and the demand for skilled professionals in the gaming industry within its borders.
Executive Summary
- Average Salary: $40,780 per year.
- Growth Trend: Salaries have shifted 33.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $82,500.
- Outlook: With a local workforce of 520 individuals and a Location Quotient of 0.34, the market for Gambling Dealers in Colorado indicates a niche but stable presence. While not a dominant sector compared to the national average, the existing workforce suggests consistent demand for these specialized roles within the state's gaming establishments.
Salary Overview
The average Gambling Dealers in Colorado earns+4.6%above the national average.
$19.6
$784
$3,398
Gambling Dealers Salary Trends (2020-2024)
Over the past four years, it is reasonable to assume that salaries for Gambling Dealers in Colorado have experienced a steady upward trend, mirroring broader economic growth and inflation. This progression is typical as the demand for experienced professionals increases and the cost of living adjusts, prompting employers to offer more competitive compensation packages.
Gambling Dealers Salary Distribution in Colorado
The salary trajectory for Gambling Dealers in Colorado typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings clearly signify the career progression and increased earning potential available within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $29,990 | $14.4 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $30,585 | $14.7 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $29,990 | $14.4 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $50,975 | $24.5 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $82,500 | $39.7 |
Detailed Gambling Dealers Market Analysis
Relocation Context
Nominal Salary
$40,780
Gross Pay
Real Wage (Purchasing Power)
$38,654
Adjusted for COL (105.5)
The average annual salary of $40,780 in Colorado presents a moderate financial standing when considered against the state's Cost of Living Index of 105.5. While the salary is above the national average, the cost of living is also higher, meaning the purchasing power of a Gambling Dealer's salary in Colorado is slightly less than what the nominal figure might suggest nationally.
Job Market Context
520
Total Jobs
0.181
Per 1K Jobs
0.34
Location Quotient
At 0.34x, Colorado has a notably lower concentration of Gambling Dealers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.34 for Gambling Dealers in Colorado suggests that this profession is less concentrated than the national average. This implies that while there are dedicated roles, the market is not saturated, potentially offering good opportunities for skilled individuals entering the field or seeking employment, without facing intense competition from a large pool of local candidates.
Nearby Job Markets
Nearby Cities for Gambling Dealers
| City | Salary | Dist. |
|---|---|---|
| Denver-Aurora-Centennial, CO Gambling Dealers Salary | $39,130↓ 4% | 54 mi |
Comparing salaries near Colorado
Hiring Gambling Dealerss?
Frequently Asked Questions
How much does a Gambling Dealers make in Colorado?
The median annual salary for a Gambling Dealers in Colorado is $40,780. This typically ranges from $29,990 for entry-level positions to $82,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado is 4.6% higher than the national median of $39,000.
Is Colorado a lucrative place for Gambling Dealers?
Yes, with caveats.Colorado offers a higher average salary than the national average for Gambling Dealers. However, the cost of living is also above the national average, which slightly moderates the overall lucrativeness.
Is Colorado a good place to live for Gambling Dealers?
The Cost of Living Index in Colorado is 105.5. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado?
Some top paying nearby cities include Denver-Aurora-Centennial, CO ($39,130) and others.
What is the average salary for a Gambling Dealer in Colorado?
The average annual salary for a Gambling Dealer in Colorado is $40,780.
How does Colorado's salary for Gambling Dealers compare to the national average?
Gambling Dealers in Colorado earn approximately $1,780 more annually than the national average salary of $39,000.
Is the job market for Gambling Dealers strong in Colorado?
The market is niche, with a local workforce of 520 and a concentration below the national average, suggesting stable but not rapidly expanding demand.
How does the cost of living affect a Gambling Dealer's salary in Colorado?
With a Cost of Living Index of 105.5, the higher salary in Colorado is somewhat offset by increased living expenses compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the Colorado 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 Gambling Dealers • Data source: BLS OEWS 2024 •Jobs in Colorado