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Average Legal Occupations Salary in Fort Collins-Loveland, CO

In Fort Collins-Loveland, CO, professionals in Legal Occupations can expect an average annual salary of $116,140. This figure is notably below the national average of $143,370, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation levels within this region.

Executive Summary

  • Average Salary: $116,140 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $237,570.
  • Outlook: The local legal job market in Fort Collins-Loveland, CO, comprises approximately 1,050 professionals. With a Location Quotient of 0.72, the concentration of legal jobs is slightly below the national average, indicating a moderately developed but not oversaturated market. The rate of 5.946 jobs per 1,000 workers suggests a steady presence of legal roles within the local economy.
2024 Market Data

Salary Overview

$116,140

The average Legal Occupations in Fort Collins-Loveland, CO earns-19.0%below the national average.

BreakdownBased on 40h/week
Hourly

$55.8

Weekly

$2,233

Monthly

$9,678

Legal Occupations Salary Distribution in Fort Collins-Loveland, CO

Salary progression within Legal Occupations in Fort Collins-Loveland, CO, is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while senior roles, those with specialized expertise, or those in leadership positions can earn significantly more. The widening gap between entry-level and senior-level salaries reflects the substantial career advancement and increased earning potential available with accumulated experience and demonstrated skill.

Experience LevelMarket PercentileAnnual WageHourly Rate
Legal AssistantResearch, drafting documents, case support.10% (Entry)$44,180$21.2
AssociateHandling depositions, smaller cases independently.25% (Junior)$87,105$41.9
Senior AssociateLead on cases, client management, trial experience.50% (Median)$75,950$36.5
Counsel / PartnerBusiness development, specialized high-stakes cases.75% (Senior)$145,175$69.8
Managing PartnerFirm leadership. Executive strategy.90% (Expert)$237,570$114.2

Detailed Legal Occupations Market Analysis

Relocation Context

Nominal Salary

$116,140

Gross Pay

Real Wage (Purchasing Power)

$116,140

Adjusted for COL (100)

The average annual salary of $116,140 in Fort Collins-Loveland, CO, aligns perfectly with the local Cost of Living Index of 100, which is equivalent to the national average. This means that the purchasing power of the local legal salary is on par with what one would expect nationally, offering a stable financial environment for professionals considering a move to the area.

Job Market Context

1,050

Total Jobs

5.946

Per 1K Jobs

0.72

Location Quotient

Below Average

Fort Collins-Loveland, CO has 0.72x the national average concentration of Legal Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.72 for Legal Occupations in Fort Collins-Loveland, CO, indicates that the concentration of these jobs is 28% lower than the national average. This suggests that while legal professionals are present and employed, the market is less saturated compared to national benchmarks, potentially offering a competitive landscape for skilled individuals seeking opportunities.

Nearby Job Markets

Nearby Cities for Legal Occupations

Comparing salaries near Fort Collins-Loveland, CO

Hiring Legal Occupationss?

Frequently Asked Questions

How much does a Legal Occupations make in Fort Collins-Loveland, CO?

The median annual salary for a Legal Occupations in Fort Collins-Loveland, CO is $116,140. This typically ranges from $44,180 for entry-level positions to $237,570 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 19.0% lower than the national median of $143,370.

Is Fort Collins-Loveland, CO a lucrative place for Legal Occupationss?

No, not as lucrative as the national average.While the average salary of $116,140 is substantial, it falls below the national average of $143,370. However, the cost of living is also at the national average, making the salary's purchasing power comparable.

Is Fort Collins-Loveland, CO a good place to live for Legal Occupations?

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 ($113,730) and Denver-Aurora-Centennial, CO.

What is the average salary for Legal Occupations in Fort Collins-Loveland, CO?

The average annual salary for Legal Occupations in Fort Collins-Loveland, CO is $116,140.

How does the Fort Collins-Loveland salary compare to the national average?

The average salary in Fort Collins-Loveland, CO ($116,140) is lower than the national average of $143,370 for Legal Occupations.

What is the Cost of Living in Fort Collins-Loveland, CO?

The Cost of Living Index in Fort Collins-Loveland, CO is 100, which is exactly the national average.

How concentrated are Legal Occupations jobs in Fort Collins-Loveland, CO?

The concentration of Legal Occupations jobs, indicated by a Location Quotient of 0.72, is slightly below the national average, suggesting a moderate presence in the local 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 1,050 employees in the Fort Collins-Loveland, CO area with a job density of 5.946 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.