SalaryNode

Average Mechanical Engineers Salary in Colorado Springs, CO

Mechanical Engineers in Colorado Springs, CO, command an impressive average annual salary of $111,240. This figure slightly surpasses the national average of $109,640, indicating a strong local demand for specialized engineering talent. The robust economic landscape and specific industry needs within Colorado Springs contribute to this favorable compensation.

Executive Summary

  • Average Salary: $111,240 per year.
  • Growth Trend: Salaries have shifted 17.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $147,700.
  • Outlook: With a local workforce of 820 Mechanical Engineers and a Location Quotient of 1.37, Colorado Springs demonstrates a notable concentration of these professionals relative to the national average. This suggests a healthy and potentially growing job market for mechanical engineering roles, implying consistent demand and opportunities for skilled individuals within the region.
2024 Market Data

Salary Overview

$111,240

The average Mechanical Engineers in Colorado Springs, CO earns+1.5%above the national average.

BreakdownBased on 40h/week
Hourly

$53.5

Weekly

$2,139

Monthly

$9,270

Mechanical Engineers Salary Distribution in Colorado Springs, CO

Salary progression for Mechanical Engineers in Colorado Springs typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while senior engineers with extensive expertise and leadership responsibilities can command salaries well into the upper percentiles. The increasing salary gaps between experience levels signify clear career advancement pathways and the value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$67,850$32.6
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$83,430$40.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$104,240$50.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$139,050$66.9
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$147,700$71

Detailed Mechanical Engineers Market Analysis

Relocation Context

Nominal Salary

$111,240

Gross Pay

Real Wage (Purchasing Power)

$111,240

Adjusted for COL (100)

The average annual salary of $111,240 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 Mechanical Engineer's salary in Colorado Springs is equivalent to that of their counterparts across the United States, offering a stable financial standing without significant cost-of-living adjustments.

Job Market Context

820

Total Jobs

2.557

Per 1K Jobs

1.37

Location Quotient

Above Average

With a location quotient of 1.37, Colorado Springs, CO has a slightly higher-than-average concentration of Mechanical Engineers roles compared to the national norm.

A Location Quotient of 1.37 signifies that Mechanical Engineers are more concentrated in Colorado Springs than the national average. This suggests a robust and specialized job market, indicating that the demand for these skills is higher locally than in many other regions. While this concentration points to opportunity, it also implies a competitive environment where skilled engineers are actively sought after.

Nearby Job Markets

Nearby Cities for Mechanical Engineers

CitySalaryDist.
Pueblo, CO Mechanical Engineers Salary$102,570↓ 8%42 mi
Denver-Aurora-Centennial, CO Mechanical Engineers Salary$122,340↑ 10%62 mi

Comparing salaries near Colorado Springs, CO

Hiring Mechanical Engineerss?

Frequently Asked Questions

How much does a Mechanical Engineers make in Colorado Springs, CO?

The median annual salary for a Mechanical Engineers in Colorado Springs, CO is $111,240. This typically ranges from $67,850 for entry-level positions to $147,700 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 $109,640.

Is Colorado Springs, CO a lucrative place for Mechanical Engineers?

Yes, Colorado Springs, CO is a lucrative place for Mechanical Engineers.Mechanical Engineers in Colorado Springs earn an average of $111,240 annually, exceeding the national average. Coupled with a cost of living that matches the national average, this makes the city a financially attractive location for the profession.

Is Colorado Springs, CO a good place to live for Mechanical Engineers?

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 Pueblo, CO ($102,570) and Denver-Aurora-Centennial, CO.

How does the Mechanical Engineer salary in Colorado Springs compare to the national average?

Mechanical Engineers in Colorado Springs earn an average of $111,240 annually, which is slightly higher than the national average of $109,640.

What is the cost of living for Mechanical Engineers in Colorado Springs?

The cost of living in Colorado Springs is exactly at the national average, with an index of 100. This means your salary has the same purchasing power as it would nationally.

Is there high demand for Mechanical Engineers in Colorado Springs?

Yes, the Location Quotient of 1.37 indicates a higher concentration of Mechanical Engineers in Colorado Springs compared to the national average, suggesting strong local demand.

How many Mechanical Engineers work in Colorado Springs?

There are approximately 820 Mechanical Engineers employed in the Colorado Springs area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 820 employees in the Colorado Springs, CO area with a job density of 2.557 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Mechanical Engineers • Data source: BLS OEWS 2024 •Jobs in Colorado Springs, CO