Average Industrial Engineers Salary in Denver-Aurora-Centennial, CO
Industrial Engineers in the Denver-Aurora-Centennial, CO metropolitan area command an impressive average annual salary of $114,330. This figure notably surpasses the national average of $107,860, suggesting that the specific economic landscape and industry demands within this Colorado hub contribute to a higher compensation for these vital professionals.
Executive Summary
- Average Salary: $114,330 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $159,910.
- Outlook: With a local workforce of 2,410 Industrial Engineers, Denver-Aurora-Centennial demonstrates a significant presence in this field. The Location Quotient of 0.66 indicates a slightly lower concentration compared to the national average, implying that while the profession is established, there may be room for growth and demand from employers seeking specialized talent.
Salary Overview
The average Industrial Engineers in Denver-Aurora-Centennial, CO earns+6.0%above the national average.
$55
$2,199
$9,528
Industrial Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Industrial Engineer salaries in Denver-Aurora-Centennial have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for process optimization, and the expansion of key industries in the region likely contribute to a positive salary trajectory for these professionals.
Industrial Engineers Salary Distribution in Denver-Aurora-Centennial, CO
Salary progression for Industrial Engineers in Denver-Aurora-Centennial typically scales 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 in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and the increasing value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $80,030 | $38.5 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $85,748 | $41.2 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $106,800 | $51.3 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $142,913 | $68.7 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $159,910 | $76.9 |
Detailed Industrial Engineers Market Analysis
Relocation Context
Nominal Salary
$114,330
Gross Pay
Real Wage (Purchasing Power)
$114,330
Adjusted for COL (100)
The average annual salary of $114,330 in Denver-Aurora-Centennial aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Industrial Engineer's salary in this metropolitan area is equivalent to the national standard, offering a stable financial environment without the added pressure of significantly higher or lower living expenses.
Job Market Context
2,410
Total Jobs
1.491
Per 1K Jobs
0.66
Location Quotient
Denver-Aurora-Centennial, CO has 0.66x 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 0.66 suggests that Industrial Engineers are present in Denver-Aurora-Centennial but are not as densely concentrated as in the nation as a whole. This indicates a moderately competitive market, where employers may actively seek out qualified candidates, potentially leading to favorable negotiation opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Industrial Engineers
| City | Salary | Dist. |
|---|---|---|
| Boulder, CO Industrial Engineers Salary | $117,530↑ 3% | 27 mi |
| Greeley, CO Industrial Engineers Salary | $110,200↓ 4% | 45 mi |
| Southwest Colorado nonmetropolitan area Industrial Engineers Salary | $103,390↓ 10% | 54 mi |
| Eastern and Southern Colorado nonmetropolitan area Industrial Engineers Salary | $97,380↓ 15% | 54 mi |
Comparing salaries near Denver-Aurora-Centennial, CO
Hiring Industrial Engineerss?
Frequently Asked Questions
How much does a Industrial Engineers make in Denver-Aurora-Centennial, CO?
The median annual salary for a Industrial Engineers in Denver-Aurora-Centennial, CO is $114,330. This typically ranges from $80,030 for entry-level positions to $159,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Denver-Aurora-Centennial, CO is 6.0% higher than the national median of $107,860.
Is Denver-Aurora-Centennial, CO a lucrative place for Industrial Engineers?
Yes, Denver-Aurora-Centennial, CO is a lucrative location for Industrial Engineers.The average salary of $114,330 significantly exceeds the national average, and the cost of living is right at the national benchmark, offering excellent purchasing power.
Is Denver-Aurora-Centennial, CO a good place to live for Industrial Engineers?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Boulder, CO ($117,530) and Greeley, CO.
How does the Denver-Aurora-Centennial salary compare to the national average?
Industrial Engineers in Denver-Aurora-Centennial earn an average of $114,330 annually, which is higher than the national average of $107,860.
What is the concentration of Industrial Engineers in Denver-Aurora-Centennial?
The Location Quotient is 0.66, indicating a slightly lower concentration of Industrial Engineers compared to the national average.
How does the cost of living affect the salary in Denver-Aurora-Centennial?
With a Cost of Living Index of 100, the national average, the $114,330 salary in Denver-Aurora-Centennial offers purchasing power equivalent to the national standard.
What does the job market look like for Industrial Engineers in this area?
The market has a workforce of 2,410 Industrial Engineers and a jobs-per-1,000-workers rate of 1.491, suggesting a stable but not overly saturated job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,410 employees in the Denver-Aurora-Centennial, CO area with a job density of 1.491 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Industrial Engineers Salaries by State
Top Jobs in Denver-Aurora-Centennial, CO
- All Occupations Salary in Denver-Aurora-Centennial, CO
- Business and Financial Operations Occupations Salary in Denver-Aurora-Centennial, CO
- Sales and Related Occupations Salary in Denver-Aurora-Centennial, CO
- Office and Administrative Support Occupations Salary in Denver-Aurora-Centennial, CO
- Food Preparation and Serving Related Occupations Salary in Denver-Aurora-Centennial, CO
- Transportation and Material Moving Occupations Salary in Denver-Aurora-Centennial, CO
- Management Occupations Salary in Denver-Aurora-Centennial, CO
- Computer and Mathematical Occupations Salary in Denver-Aurora-Centennial, CO
- Healthcare Practitioners and Technical Occupations Salary in Denver-Aurora-Centennial, CO
- Educational Instruction and Library Occupations Salary in Denver-Aurora-Centennial, CO
- Browse All Jobs in Denver-Aurora-Centennial, CO →
Semantic Salary Analysis for Industrial Engineers • Data source: BLS OEWS 2024 •Jobs in Denver-Aurora-Centennial, CO