Average Industrial Engineers Salary in Fort Collins-Loveland, CO
Industrial Engineers in the Fort Collins-Loveland, CO area earn an impressive average annual salary of $121,030, significantly surpassing the national average of $107,860. This elevated compensation is likely driven by the region's specific industrial demands and the specialized skill set required for these roles within the local economy.
Executive Summary
- Average Salary: $121,030 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $172,460.
- Outlook: The job market for Industrial Engineers in Fort Collins-Loveland, CO, appears robust, supported by a local workforce of 510 professionals. The Location Quotient of 1.28 indicates a higher concentration of these roles compared to the national average, suggesting consistent demand and a stable job environment for skilled engineers in the area.
Salary Overview
The average Industrial Engineers in Fort Collins-Loveland, CO earns+12.2%above the national average.
$58.2
$2,328
$10,086
Industrial Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Industrial Engineers in Fort Collins-Loveland, CO, have experienced steady growth over the past four years, mirroring national trends of increasing demand for efficiency and process optimization expertise. This upward trajectory is likely fueled by ongoing industrial development and technological advancements within the region.
Industrial Engineers Salary Distribution in Fort Collins-Loveland, CO
Salary progression for Industrial Engineers in Fort Collins-Loveland, CO, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries in the higher percentiles. These percentile gaps clearly signify the career advancement and increased earning potential available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $77,630 | $37.3 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $90,773 | $43.6 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $110,830 | $53.3 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $151,288 | $72.7 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $172,460 | $82.9 |
Detailed Industrial Engineers Market Analysis
Relocation Context
Nominal Salary
$121,030
Gross Pay
Real Wage (Purchasing Power)
$121,030
Adjusted for COL (100)
An average annual salary of $121,030 in Fort Collins-Loveland, CO, presents a favorable financial standing, especially considering the local Cost of Living Index is exactly at the national average of 100. This means that the higher nominal salary translates directly into strong purchasing power, allowing engineers to maintain a comfortable lifestyle without the added financial strain often associated with high-paying cities.
Job Market Context
510
Total Jobs
2.913
Per 1K Jobs
1.28
Location Quotient
With a location quotient of 1.28, Fort Collins-Loveland, CO has a slightly higher-than-average concentration of Industrial Engineers roles compared to the national norm.
With a Location Quotient of 1.28, Fort Collins-Loveland, CO, demonstrates a notable concentration of Industrial Engineers relative to the national landscape. This suggests that the local job market is more specialized and potentially more competitive for these roles, indicating a healthy demand that outpaces the national average, making it an attractive location for experienced professionals.
Nearby Job Markets
Nearby Cities for Industrial Engineers
| City | Salary | Dist. |
|---|---|---|
| Greeley, CO Industrial Engineers Salary | $110,200↓ 9% | 18 mi |
| Boulder, CO Industrial Engineers Salary | $117,530↓ 3% | 37 mi |
| Denver-Aurora-Centennial, CO Industrial Engineers Salary | $114,330↓ 6% | 55 mi |
Comparing salaries near Fort Collins-Loveland, CO
Hiring Industrial Engineerss?
Frequently Asked Questions
How much does a Industrial Engineers make in Fort Collins-Loveland, CO?
The median annual salary for a Industrial Engineers in Fort Collins-Loveland, CO is $121,030. This typically ranges from $77,630 for entry-level positions to $172,460 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 12.2% higher than the national median of $107,860.
Is Fort Collins-Loveland, CO a lucrative place for Industrial Engineers?
Yes, Fort Collins-Loveland, CO is a lucrative location for Industrial Engineers.The average salary of $121,030 significantly exceeds the national average, and the cost of living remains at the national benchmark, offering excellent earning potential.
Is Fort Collins-Loveland, CO a good place to live for Industrial Engineers?
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 ($110,200) and Boulder, CO.
How does the local salary compare to the national average?
Industrial Engineers in Fort Collins-Loveland, CO, earn an average of $121,030 annually, which is approximately 12% higher than the national average of $107,860.
What is the concentration of Industrial Engineers in Fort Collins-Loveland, CO?
The Location Quotient of 1.28 indicates that Industrial Engineers are 28% more concentrated in Fort Collins-Loveland, CO, than the national average, suggesting strong local demand.
How does the cost of living affect the salary in Fort Collins-Loveland, CO?
With a Cost of Living Index of 100, Fort Collins-Loveland, CO, is at the national average, meaning the higher salary of $121,030 offers substantial purchasing power for residents.
What is the total number of Industrial Engineers in the Fort Collins-Loveland, CO area?
There are approximately 510 Industrial Engineers employed within the Fort Collins-Loveland, CO, metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Fort Collins-Loveland, CO area with a job density of 2.913 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 Fort Collins-Loveland, CO