Average Industrial Engineers Salary in Colorado Springs, CO
Industrial Engineers in Colorado Springs, CO, earn an average annual salary of $107,420. This figure is remarkably close to the national average of $107,860, indicating a stable and competitive compensation landscape within the region. Factors such as the local demand for specialized engineering talent and the overall economic health of Colorado Springs contribute to this parity.
Executive Summary
- Average Salary: $107,420 per year.
- Growth Trend: Salaries have shifted 3.2% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $135,150.
- Outlook: With a local workforce of 620 Industrial Engineers and a Location Quotient of 0.86, Colorado Springs presents a moderately concentrated but stable job market for this profession. While not exceeding the national concentration, the presence of nearly 2,000 jobs per million workers suggests consistent demand and opportunities for skilled professionals in the area.
Salary Overview
The average Industrial Engineers in Colorado Springs, CO earns-0.4%below the national average.
$51.6
$2,066
$8,952
Industrial Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Industrial Engineer salaries in Colorado Springs have experienced steady growth over the past four years, mirroring national trends. Economic expansion, increased industry investment, and the evolving complexity of manufacturing and operational processes typically drive upward salary adjustments for specialized roles like Industrial Engineering.
Industrial Engineers Salary Distribution in Colorado Springs, CO
The career trajectory for Industrial Engineers in Colorado Springs typically sees significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries well into the upper percentiles. These percentile gaps clearly signify the value placed on experience and expertise within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $76,430 | $36.7 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $80,565 | $38.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $102,620 | $49.3 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $134,275 | $64.6 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $135,150 | $65 |
Detailed Industrial Engineers Market Analysis
Relocation Context
Nominal Salary
$107,420
Gross Pay
Real Wage (Purchasing Power)
$107,420
Adjusted for COL (100)
An average annual salary of $107,420 in Colorado Springs aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Industrial Engineer's salary in this city is equivalent to the national standard, allowing for a comparable lifestyle without significant financial strain related to living expenses.
Job Market Context
620
Total Jobs
1.956
Per 1K Jobs
0.86
Location Quotient
Colorado Springs, CO has 0.86x the national average concentration of Industrial Engineers 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 0.86 for Industrial Engineers in Colorado Springs indicates that the concentration of these professionals is slightly below the national average. This suggests that while the profession is well-established, the market is not oversaturated, potentially offering a good balance between job availability and competition for skilled candidates.
Nearby Job Markets
Nearby Cities for Industrial Engineers
| City | Salary | Dist. |
|---|---|---|
| Southwest Colorado nonmetropolitan area Industrial Engineers Salary | $103,390↓ 4% | 32 mi |
| Eastern and Southern Colorado nonmetropolitan area Industrial Engineers Salary | $97,380↓ 9% | 32 mi |
| Pueblo, CO Industrial Engineers Salary | $108,700↑ 1% | 42 mi |
| Denver-Aurora-Centennial, CO Industrial Engineers Salary | $114,330↑ 6% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Industrial Engineerss?
Frequently Asked Questions
How much does a Industrial Engineers make in Colorado Springs, CO?
The median annual salary for a Industrial Engineers in Colorado Springs, CO is $107,420. This typically ranges from $76,430 for entry-level positions to $135,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 0.4% lower than the national median of $107,860.
Is Colorado Springs, CO a lucrative place for Industrial Engineers?
Yes, Colorado Springs offers a lucrative environment for Industrial Engineers.The average salary of $107,420 is on par with the national average, and the cost of living is also at the national average, ensuring strong purchasing power for engineers in the region.
Is Colorado Springs, CO a good place to live for Industrial Engineers?
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 ($103,390) and Eastern and Southern Colorado nonmetropolitan area.
How does the number of Industrial Engineers in Colorado Springs compare nationally?
Colorado Springs has a local workforce of 620 Industrial Engineers, which, when considered with its Location Quotient of 0.86, suggests a slightly lower concentration compared to the national average.
What is the job outlook for Industrial Engineers in Colorado Springs?
With 1.956 jobs per 1,000 workers, the outlook is stable, indicating consistent demand for Industrial Engineers within the Colorado Springs metropolitan area.
Does experience significantly impact an Industrial Engineer's salary in Colorado Springs?
Yes, experience is a key factor, with salary progression clearly visible from entry-level to senior roles, reflected in the widening salary gaps across different experience percentiles.
How does the cost of living affect the Industrial Engineer salary in Colorado Springs?
The cost of living in Colorado Springs is exactly at the national average (100), meaning the $107,420 average salary provides a purchasing power equivalent to the national average, making it a financially stable location.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the Colorado Springs, CO area with a job density of 1.956 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Industrial Engineers • Data source: BLS OEWS 2024 •Jobs in Colorado Springs, CO