Average Management Occupations Salary in Colorado Springs, CO
Management professionals in Colorado Springs, CO, command an impressive average annual salary of $146,040. This figure slightly surpasses the national average of $143,930, indicating a competitive market. Local economic factors and the demand for skilled leadership contribute to this favorable compensation.
Executive Summary
- Average Salary: $146,040 per year.
- Growth Trend: Salaries have shifted 16.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $224,690.
- Outlook: With a substantial local workforce of 15,540 individuals in management occupations, Colorado Springs demonstrates a significant presence in this sector. The location quotient of 0.69 suggests that while management roles are present, they are slightly less concentrated than the national average, implying a potentially stable or growing demand for experienced professionals.
Salary Overview
The average Management Occupations in Colorado Springs, CO earns+1.5%above the national average.
$70.2
$2,808
$12,170
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management occupations in Colorado Springs have experienced salary growth over the past four years, mirroring national trends. Economic expansion and the increasing complexity of business operations typically drive up compensation for leadership roles.
Management Occupations Salary Distribution in Colorado Springs, CO
The salary spectrum for management occupations in Colorado Springs widens considerably with experience. Entry-level positions might start closer to the lower percentiles, while senior executives and seasoned leaders can command salaries well into the upper percentiles, reflecting a clear career progression path and the value placed on extensive expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $69,960 | $33.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $109,530 | $52.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $130,530 | $62.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $182,550 | $87.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $224,690 | $108 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$146,040
Gross Pay
Real Wage (Purchasing Power)
$146,040
Adjusted for COL (100)
The average annual salary of $146,040 in Colorado Springs aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a management professional's salary in Colorado Springs is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
15,540
Total Jobs
48.752
Per 1K Jobs
0.69
Location Quotient
Colorado Springs, CO has 0.69x 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.
A location quotient of 0.69 for management occupations in Colorado Springs indicates that this field is present but not as heavily concentrated as it is nationally. This suggests that while there is a solid base of management jobs, the market may offer opportunities for skilled professionals to establish themselves without facing extreme competition.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area Management Occupations Salary | $128,360↓ 12% | 32 mi |
| Southwest Colorado nonmetropolitan area Management Occupations Salary | $123,310↓ 16% | 32 mi |
| Eastern and Southern Colorado nonmetropolitan area Management Occupations Salary | $118,330↓ 19% | 32 mi |
| Pueblo, CO Management Occupations Salary | $124,860↓ 15% | 42 mi |
| Denver-Aurora-Centennial, CO Management Occupations Salary | $169,810↑ 16% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Colorado Springs, CO?
The median annual salary for a Management Occupations in Colorado Springs, CO is $146,040. This typically ranges from $69,960 for entry-level positions to $224,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 1.5% higher than the national median of $143,930.
Is Colorado Springs, CO a lucrative place for Management Occupationss?
Yes, Colorado Springs offers a lucrative environment for management occupations.The average salary of $146,040 is above the national average, and the cost of living is on par with the national average, providing strong purchasing power.
Is Colorado Springs, CO a good place to live for Management Occupations?
The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado Springs, CO?
Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($128,360) and Southwest Colorado nonmetropolitan area.
How does the management job market compare to the national average in Colorado Springs?
The management job market in Colorado Springs has a location quotient of 0.69, meaning it's slightly less concentrated than the national average, suggesting a balanced market with potential for growth.
What is the average salary for management roles in Colorado Springs?
The average annual salary for management occupations in Colorado Springs is $146,040, which is higher than the national average.
How does the cost of living in Colorado Springs affect management salaries?
With a cost of living index of 100, the national average, the $146,040 salary in Colorado Springs offers purchasing power equivalent to the national average.
What is the size of the management workforce in Colorado Springs?
Colorado Springs has a total local workforce of 15,540 individuals employed in management occupations, indicating a significant presence in the sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,540 employees in the Colorado Springs, CO area with a job density of 48.752 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 Springs, CO