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Average Human Resources Specialists Salary in Southwest Colorado nonmetropolitan area

Human Resources Specialists in the Southwest Colorado nonmetropolitan area earn an average annual salary of $70,400. This figure is notably below the national average of $79,090, reflecting the unique economic dynamics and potentially lower demand for specialized HR roles in this region compared to larger metropolitan hubs. The specific compensation in this area is influenced by local industry needs and the overall economic landscape.

Executive Summary

  • Average Salary: $70,400 per year.
  • Growth Trend: Salaries have shifted 13.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $105,980.
  • Outlook: The job market for Human Resources Specialists in Southwest Colorado is characterized by a modest workforce of 430 professionals. With a Location Quotient of 0.68, the concentration of these roles is below the national average, suggesting a less saturated but also potentially less robust demand compared to national trends. The presence of approximately 4.019 jobs per 1,000 workers indicates a steady, albeit not overwhelming, need for HR expertise within the local economy.
2024 Market Data

Salary Overview

$70,400

The average Human Resources Specialists in Southwest Colorado nonmetropolitan area earns-11.0%below the national average.

BreakdownBased on 40h/week
Hourly

$33.9

Weekly

$1,354

Monthly

$5,867

Human Resources Specialists Salary Distribution in Southwest Colorado nonmetropolitan area

Career progression for Human Resources Specialists typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior HR roles, requiring extensive expertise in areas like compliance, talent management, and strategic planning, command higher salaries. The percentile gaps in compensation clearly signify the value placed on accumulated knowledge and leadership capabilities within the HR field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,530$21.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$52,800$25.4
ManagerOversees team, compliance, and project delivery.50% (Median)$60,780$29.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$88,000$42.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$105,980$51

Detailed Human Resources Specialists Market Analysis

Relocation Context

Nominal Salary

$70,400

Gross Pay

Real Wage (Purchasing Power)

$70,400

Adjusted for COL (100)

The average annual salary of $70,400 for Human Resources Specialists in Southwest Colorado aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of an HR Specialist's salary in this region is comparable to that of their counterparts nationwide. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home pay may offer similar financial stability.

Job Market Context

430

Total Jobs

4.019

Per 1K Jobs

0.68

Location Quotient

Below Average

Southwest Colorado nonmetropolitan area has 0.68x the national average concentration of Human Resources Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.68, Southwest Colorado has a lower concentration of Human Resources Specialists than the national average. This suggests that the job market is not oversaturated, potentially offering greater opportunities for skilled professionals to find employment. However, it also implies that the demand might be more niche, and the overall number of available positions could be limited compared to areas with a higher concentration of HR roles.

Nearby Job Markets

Nearby Cities for Human Resources Specialists

Comparing salaries near Southwest Colorado nonmetropolitan area

Hiring Human Resources Specialistss?

Frequently Asked Questions

How much does a Human Resources Specialists make in Southwest Colorado nonmetropolitan area?

The median annual salary for a Human Resources Specialists in Southwest Colorado nonmetropolitan area is $70,400. This typically ranges from $44,530 for entry-level positions to $105,980 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Colorado nonmetropolitan area is 11.0% lower than the national median of $79,090.

Is Southwest Colorado nonmetropolitan area a lucrative place for Human Resources Specialists?

No, not exceptionally lucrative compared to national averages.While the average salary of $70,400 is stable with the national cost of living, it falls below the national average salary for the role, indicating less lucrative compensation.

Is Southwest Colorado nonmetropolitan area a good place to live for Human Resources Specialists?

The Cost of Living Index in Southwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southwest Colorado nonmetropolitan area?

Some top paying nearby cities include Colorado Springs, CO ($83,980) and Denver-Aurora-Centennial, CO.

How does the salary compare to the national average?

The average annual salary for Human Resources Specialists in Southwest Colorado is $70,400, which is less than the national average of $79,090.

What is the cost of living in Southwest Colorado compared to the nation?

The Cost of Living Index in Southwest Colorado is 100, which is exactly the national average, meaning the cost of goods and services is comparable nationwide.

Is there high demand for HR Specialists in this region?

The Location Quotient of 0.68 suggests a lower concentration of HR Specialists than the national average, indicating a potentially less competitive but also less robust demand.

How many HR Specialists are there in Southwest Colorado?

There are approximately 430 Human Resources Specialists employed in the Southwest Colorado nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Southwest Colorado nonmetropolitan area area with a job density of 4.019 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.