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Average Life, Physical, and Social Science Occupations Salary in Northwest Colorado nonmetropolitan area

In the Northwest Colorado nonmetropolitan area, professionals in Life, Physical, and Social Science Occupations earn an average annual salary of $78,900. This figure is notably below the national average of $91,840, suggesting that regional economic factors and demand dynamics play a significant role in compensation within this sector in this specific locale.

Executive Summary

  • Average Salary: $78,900 per year.
  • Growth Trend: Salaries have shifted 20.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $111,180.
  • Outlook: The local workforce for Life, Physical, and Social Science Occupations comprises 1,250 individuals, with a location quotient of 1.01 indicating a concentration very close to the national average. This suggests a stable, albeit not exceptionally concentrated, demand for these specialized roles within the region, implying a steady job market for qualified professionals.
2024 Market Data

Salary Overview

$78,900

The average Life, Physical, and Social Science Occupations in Northwest Colorado nonmetropolitan area earns-14.1%below the national average.

BreakdownBased on 40h/week
Hourly

$37.9

Weekly

$1,517

Monthly

$6,575

Life, Physical, and Social Science Occupations Salary Distribution in Northwest Colorado nonmetropolitan area

Salary progression for Life, Physical, and Social Science Occupations typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while senior scientists and researchers, with extensive experience and specialized skills, can command salaries in the higher percentiles, reflecting their expertise and contribution to complex projects.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$42,380$20.4
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$59,175$28.4
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$73,690$35.4
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$98,625$47.4
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$111,180$53.5

Detailed Life, Physical, and Social Science Occupations Market Analysis

Relocation Context

Nominal Salary

$78,900

Gross Pay

Real Wage (Purchasing Power)

$78,900

Adjusted for COL (100)

With an average annual salary of $78,900 and a Cost of Living Index of 100 (matching the national average), the nominal income in Northwest Colorado nonmetropolitan area offers purchasing power equivalent to the national standard. This means that while the salary is below the national average, the cost of living does not impose an additional financial burden relative to the rest of the country.

Job Market Context

1,250

Total Jobs

9.453

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, Northwest Colorado nonmetropolitan area has a slightly higher-than-average concentration of Life, Physical, and Social Science Occupations roles compared to the national norm.

The location quotient of 1.01 for Life, Physical, and Social Science Occupations in Northwest Colorado nonmetropolitan area signifies that the concentration of these jobs is almost exactly at the national average. This suggests a balanced job market where the number of professionals aligns closely with the number of available positions, indicating moderate competition and stable employment opportunities.

Nearby Job Markets

Nearby Cities for Life, Physical, and Social Science Occupations

Comparing salaries near Northwest Colorado nonmetropolitan area

Hiring Life, Physical, and Social Science Occupationss?

Frequently Asked Questions

How much does a Life, Physical, and Social Science Occupations make in Northwest Colorado nonmetropolitan area?

The median annual salary for a Life, Physical, and Social Science Occupations in Northwest Colorado nonmetropolitan area is $78,900. This typically ranges from $42,380 for entry-level positions to $111,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Colorado nonmetropolitan area is 14.1% lower than the national median of $91,840.

Is Northwest Colorado nonmetropolitan area a lucrative place for Life, Physical, and Social Science Occupationss?

No, not particularly lucrative compared to the national average.The average salary of $78,900 is below the national average of $91,840, although the cost of living is on par with the national average.

Is Northwest Colorado nonmetropolitan area a good place to live for Life, Physical, and Social Science Occupations?

The Cost of Living Index in Northwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwest Colorado nonmetropolitan area?

Some top paying nearby cities include Colorado Springs, CO ($92,650) and Denver-Aurora-Centennial, CO.

How does the local workforce size impact job prospects?

A local workforce of 1,250 suggests a moderately sized pool of professionals, indicating that while opportunities exist, the market may not be saturated, offering a reasonable balance for job seekers.

What does a Location Quotient of 1.01 mean for job seekers?

A Location Quotient of 1.01 indicates that the concentration of Life, Physical, and Social Science Occupations is very similar to the national average, suggesting a stable and predictable job market in this sector.

How does the cost of living affect the $78,900 salary?

With a Cost of Living Index of 100, the $78,900 salary has the same purchasing power as it would nationally, meaning the lower nominal salary is offset by average living expenses.

Are there many jobs per 1,000 workers in this field locally?

With 9.453 jobs per 1,000 workers, the density of Life, Physical, and Social Science Occupations jobs is slightly above the national average, hinting at a slightly higher prevalence of these roles in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,250 employees in the Northwest Colorado nonmetropolitan area area with a job density of 9.453 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.