In the Southwest Colorado nonmetropolitan area, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $61,390. This figure is remarkably close to the national average of $61,410, indicating a stable compensation landscape. Local economic factors and the specific demand within this region likely contribute to this near-parity with national wage trends.
Executive Summary
- Average Salary: $61,390 per year.
- Growth Trend: Salaries have shifted 25.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $96,480.
- Outlook: The job market for Installation, Maintenance, and Repair Occupations in Southwest Colorado is moderately concentrated, as evidenced by a Location Quotient of 1.24, suggesting a slightly higher presence of these roles compared to the national average. With a total local workforce of 5,270 individuals in these occupations, the region supports a significant number of these skilled positions, pointing to a robust and established demand.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Southwest Colorado nonmetropolitan area earns-0.0%below the national average.
$29.5
$1,181
$5,116
Installation, Maintenance, and Repair Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Installation, Maintenance, and Repair Occupations in Southwest Colorado have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for skilled trades, and the evolving complexity of installation and repair technologies.
Installation, Maintenance, and Repair Occupations Salary Distribution in Southwest Colorado nonmetropolitan area
Career progression within Installation, Maintenance, and Repair Occupations in Southwest Colorado typically sees a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical salary range often shows a substantial gap between the lowest earners and those with extensive experience and specialized skills, reflecting the value placed on expertise and tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $37,060 | $17.8 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $46,043 | $22.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $55,030 | $26.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $76,738 | $36.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $96,480 | $46.4 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$61,390
Gross Pay
Real Wage (Purchasing Power)
$61,390
Adjusted for COL (100)
The nominal average annual salary of $61,390 in Southwest Colorado aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the salary in this region is equivalent to the national average, offering a balanced lifestyle without the premium often associated with higher cost-of-living areas.
Job Market Context
5,270
Total Jobs
48.74
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Southwest Colorado nonmetropolitan area has a slightly higher-than-average concentration of Installation, Maintenance, and Repair Occupations roles compared to the national norm.
A Location Quotient of 1.24 for Installation, Maintenance, and Repair Occupations in Southwest Colorado indicates a concentration of these jobs that is 24% higher than the national average. This suggests a relatively strong demand and a potentially competitive market for skilled professionals in this sector within the region.
Nearby Job Markets
Nearby Cities for Installation, Maintenance, and Repair Occupations
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Installation, Maintenance, and Repair Occupations Salary | $62,720↑ 2% | 32 mi |
| Denver-Aurora-Centennial, CO Installation, Maintenance, and Repair Occupations Salary | $68,840↑ 12% | 54 mi |
| Pueblo, CO Installation, Maintenance, and Repair Occupations Salary | $64,580↑ 5% | 66 mi |
| Boulder, CO Installation, Maintenance, and Repair Occupations Salary | $69,400↑ 13% | 67 mi |
| Greeley, CO Installation, Maintenance, and Repair Occupations Salary | $67,210↑ 9% | 98 mi |
Comparing salaries near Southwest Colorado nonmetropolitan area
Hiring Installation, Maintenance, and Repair Occupationss?
Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Southwest Colorado nonmetropolitan area?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Southwest Colorado nonmetropolitan area is $61,390. This typically ranges from $37,060 for entry-level positions to $96,480 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 0.0% lower than the national median of $61,410.
Is Southwest Colorado nonmetropolitan area a lucrative place for Installation, Maintenance, and Repair Occupationss?
Yes, it offers competitive compensation.The average salary of $61,390 is on par with the national average, and the cost of living is also at the national average, making it a financially stable region for these roles.
Is Southwest Colorado nonmetropolitan area a good place to live for Installation, Maintenance, and Repair Occupations?
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 ($62,720) and Denver-Aurora-Centennial, CO.
How does the local job market compare to the national average for this field?
The local market in Southwest Colorado has a higher concentration of Installation, Maintenance, and Repair Occupations, with a Location Quotient of 1.24, suggesting more job opportunities relative to the national average.
What is the significance of the 48.74 jobs per 1,000 workers?
This metric indicates that for every 1,000 workers in the Southwest Colorado nonmetropolitan area, approximately 49 are employed in Installation, Maintenance, and Repair Occupations, highlighting the sector's presence.
How does experience impact salary in this region?
While specific data isn't provided, typically, experienced professionals in Installation, Maintenance, and Repair Occupations command higher salaries than entry-level workers, reflecting increased skills and responsibilities.
Is relocation to Southwest Colorado beneficial for this career path?
Given the salary matches the national average and the cost of living is also average, relocation could be beneficial for those seeking a stable financial environment and a slightly more concentrated job market in their field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,270 employees in the Southwest Colorado nonmetropolitan area area with a job density of 48.74 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Installation, Maintenance, and Repair Occupations • Data source: BLS OEWS 2024 •Jobs in Southwest Colorado nonmetropolitan area