Average Management Occupations Salary in Colorado
Management Occupations in Colorado command an impressive average annual salary of $160,640, significantly surpassing the national average of $143,930. This elevated compensation is likely driven by Colorado's robust economy, a growing demand for skilled leadership, and potentially a higher cost of living that necessitates greater remuneration for professionals in these critical roles.
Executive Summary
- Average Salary: $160,640 per year.
- Growth Trend: Salaries have shifted 14.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $240,960.
- Outlook: With a substantial local workforce of 160,320 individuals in Management Occupations, Colorado demonstrates a significant presence in this sector. The location quotient of 0.78 suggests that while management roles are present, they are slightly less concentrated than the national average, indicating a healthy, albeit not oversaturated, job market with potential for growth and opportunity for skilled professionals.
Salary Overview
The average Management Occupations in Colorado earns+11.6%above the national average.
$77.2
$3,089
$13,387
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Management Occupations in Colorado have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for experienced leadership, and the state's economic expansion likely contribute to an upward trajectory in compensation for these vital roles.
Management Occupations Salary Distribution in Colorado
The salary spectrum for Management Occupations in Colorado widens considerably with experience. Entry-level positions typically start at lower percentiles, while senior and executive roles command salaries in the highest percentiles, reflecting increased responsibility, strategic input, and a proven track record. The gap between entry-level and senior salaries signifies substantial career progression opportunities within the state.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $75,760 | $36.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $120,480 | $57.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $140,780 | $67.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $200,800 | $96.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $240,960 | $115.8 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$160,640
Gross Pay
Real Wage (Purchasing Power)
$152,265
Adjusted for COL (105.5)
Colorado's average annual salary of $160,640 for Management Occupations presents a strong nominal income. However, with a Cost of Living Index of 105.5, which is 5.5% above the national average, a portion of this higher salary is effectively offset by increased living expenses. Nonetheless, the salary remains competitive and generally offers a good purchasing power relative to the cost of living.
Job Market Context
160,320
Total Jobs
55.45
Per 1K Jobs
0.78
Location Quotient
Colorado has 0.78x the national average concentration of Management Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The location quotient of 0.78 for Management Occupations in Colorado indicates that these roles are present in the state at a slightly lower concentration than the national average. This suggests a market that is not overly saturated, offering a balanced environment for job seekers where demand for qualified management professionals is steady, and competition may be less intense compared to more concentrated regions.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Management Occupations Salary | $146,040↓ 9% | 32 mi |
| Denver-Aurora-Centennial, CO Management Occupations Salary | $169,810↑ 6% | 54 mi |
| Pueblo, CO Management Occupations Salary | $124,860↓ 22% | 66 mi |
| Boulder, CO Management Occupations Salary | $177,420↑ 10% | 67 mi |
| Greeley, CO Management Occupations Salary | $143,500↓ 11% | 98 mi |
Comparing salaries near Colorado
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Colorado?
The median annual salary for a Management Occupations in Colorado is $160,640. This typically ranges from $75,760 for entry-level positions to $240,960 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado is 11.6% higher than the national median of $143,930.
Is Colorado a lucrative place for Management Occupations?
Yes, Colorado offers a lucrative environment for Management Occupations.The average salary of $160,640 significantly exceeds the national average, and while the cost of living is slightly higher, the compensation provides strong earning potential.
Is Colorado a good place to live for Management Occupations?
The Cost of Living Index in Colorado is 105.5. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado?
Some top paying nearby cities include Colorado Springs, CO ($146,040) and Denver-Aurora-Centennial, CO.
How does Colorado's management salary compare to the national average?
Colorado's average annual salary for Management Occupations is $160,640, which is notably higher than the national average of $143,930.
Is the job market for management roles in Colorado competitive?
With a location quotient of 0.78, the market is slightly less concentrated than the national average, suggesting a balanced level of competition and opportunity for management professionals.
How does the cost of living in Colorado affect the salary for managers?
Colorado's cost of living index is 105.5, meaning expenses are about 5.5% higher than the national average. The higher salary helps to offset these increased costs.
What is the total number of management professionals in Colorado?
There are approximately 160,320 individuals employed in Management Occupations within Colorado.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 160,320 employees in the Colorado area with a job density of 55.45 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Colorado