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

In the Southwest Colorado nonmetropolitan area, professionals in Life, Physical, and Social Science Occupations earn an average annual salary of $77,930. This figure is notably below the national average of $91,840, suggesting that regional economic factors and industry concentration play a significant role in compensation within this locale.

Executive Summary

  • Average Salary: $77,930 per year.
  • Growth Trend: Salaries have shifted 17.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $118,230.
  • Outlook: The local workforce for Life, Physical, and Social Science Occupations comprises 1,370 individuals, indicating a substantial presence within the region. With a Location Quotient of 1.35, these scientific roles are more concentrated here than the national average, signaling a potentially robust demand and specialized job market that may offer unique opportunities for skilled professionals.
2024 Market Data

Salary Overview

$77,930

The average Life, Physical, and Social Science Occupations in Southwest Colorado nonmetropolitan area earns-15.1%below the national average.

BreakdownBased on 40h/week
Hourly

$37.5

Weekly

$1,499

Monthly

$6,494

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

Career progression within Life, Physical, and Social Science Occupations in Southwest Colorado nonmetropolitan area typically sees significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while senior scientists and researchers, commanding extensive expertise and leadership, can expect compensation in the higher percentiles, reflecting a clear career trajectory and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$44,120$21.2
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$58,448$28.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$70,430$33.9
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$97,413$46.8
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$118,230$56.8

Detailed Life, Physical, and Social Science Occupations Market Analysis

Relocation Context

Nominal Salary

$77,930

Gross Pay

Real Wage (Purchasing Power)

$77,930

Adjusted for COL (100)

The average annual salary of $77,930 in Southwest Colorado nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making it a stable financial environment for residents.

Job Market Context

1,370

Total Jobs

12.642

Per 1K Jobs

1.35

Location Quotient

Above Average

With a location quotient of 1.35, Southwest Colorado nonmetropolitan area has a slightly higher-than-average concentration of Life, Physical, and Social Science Occupations roles compared to the national norm.

A Location Quotient of 1.35 for Life, Physical, and Social Science Occupations in Southwest Colorado nonmetropolitan area indicates a higher concentration of these jobs compared to the national average. This suggests a specialized and potentially competitive market where employers may value local expertise, but also implies a strong presence of relevant industries or research institutions driving this demand.

Nearby Job Markets

Nearby Cities for Life, Physical, and Social Science Occupations

Comparing salaries near Southwest 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 Southwest Colorado nonmetropolitan area?

The median annual salary for a Life, Physical, and Social Science Occupations in Southwest Colorado nonmetropolitan area is $77,930. This typically ranges from $44,120 for entry-level positions to $118,230 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 15.1% lower than the national median of $91,840.

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

No, but financially stable.While the average salary of $77,930 is below the national average, the Cost of Living Index of 100 means your earnings have equivalent purchasing power to the national standard.

Is Southwest Colorado nonmetropolitan area a good place to live for Life, Physical, and Social Science 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 ($92,650) and Denver-Aurora-Centennial, CO.

How does the local job market compare to the national average for these science roles?

The local market in Southwest Colorado nonmetropolitan area is more concentrated, with a Location Quotient of 1.35, indicating a higher prevalence of Life, Physical, and Social Science Occupations jobs relative to the national average.

What is the total number of science professionals in this region?

There are approximately 1,370 individuals employed in Life, Physical, and Social Science Occupations within the Southwest Colorado nonmetropolitan area.

Does the cost of living affect the real value of the salary?

No, the Cost of Living Index is exactly 100, matching the national average, so the $77,930 salary offers the same purchasing power as the national average salary.

How many science jobs are there per 1,000 workers in Southwest Colorado?

There are 12.642 jobs per 1,000 workers in Life, Physical, and Social Science Occupations in the Southwest Colorado nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,370 employees in the Southwest Colorado nonmetropolitan area area with a job density of 12.642 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.