Average Mechanical Engineers Salary in Fort Collins-Loveland, CO
Mechanical Engineers in the Fort Collins-Loveland, CO area earn an impressive average annual salary of $110,200. This figure slightly surpasses the national average of $109,640, indicating a robust demand and potentially higher compensation expectations within this specific Colorado region. Factors such as the concentration of relevant industries and the specialized skill set required likely contribute to this favorable pay scale.
Executive Summary
- Average Salary: $110,200 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $158,060.
- Outlook: The Fort Collins-Loveland area demonstrates a healthy market for Mechanical Engineers, with a local workforce of 530 professionals. The Location Quotient of 1.62 signifies a concentration of these roles significantly above the national average, suggesting a strong and established presence of mechanical engineering opportunities within the region.
Salary Overview
The average Mechanical Engineers in Fort Collins-Loveland, CO earns+0.5%above the national average.
$53
$2,119
$9,183
Mechanical Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Mechanical Engineers in Fort Collins-Loveland have experienced consistent growth over the past four years, mirroring national trends. This upward trajectory is typically driven by increasing demand for engineering expertise, technological advancements, and inflation.
Mechanical Engineers Salary Distribution in Fort Collins-Loveland, CO
Salary progression for Mechanical Engineers in Fort Collins-Loveland is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior engineers with extensive expertise and leadership responsibilities can expect to earn significantly more, often reaching the higher percentiles. The widening gap between entry-level and senior salaries reflects the value placed on accumulated knowledge and proven problem-solving capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $71,990 | $34.6 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $82,650 | $39.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $101,020 | $48.6 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $137,750 | $66.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $158,060 | $76 |
Detailed Mechanical Engineers Market Analysis
Relocation Context
Nominal Salary
$110,200
Gross Pay
Real Wage (Purchasing Power)
$110,200
Adjusted for COL (100)
The average annual salary of $110,200 in Fort Collins-Loveland aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Mechanical Engineer's salary in this area is equivalent to the national standard, offering a stable financial environment without the premium often associated with higher cost-of-living regions.
Job Market Context
530
Total Jobs
3.008
Per 1K Jobs
1.62
Location Quotient
Fort Collins-Loveland, CO has 1.6x the national concentration of Mechanical Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.62 indicates that Mechanical Engineers are more concentrated in the Fort Collins-Loveland area than the national average. This suggests a specialized and potentially competitive job market where employers actively seek out and value this talent pool, offering opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Mechanical Engineers
| City | Salary | Dist. |
|---|---|---|
| Greeley, CO Mechanical Engineers Salary | $106,410↓ 3% | 18 mi |
| Boulder, CO Mechanical Engineers Salary | $131,360↑ 19% | 37 mi |
| Cheyenne, WY Mechanical Engineers Salary | $115,670↑ 5% | 43 mi |
| Denver-Aurora-Centennial, CO Mechanical Engineers Salary | $122,340↑ 11% | 55 mi |
Comparing salaries near Fort Collins-Loveland, CO
Hiring Mechanical Engineerss?
Frequently Asked Questions
How much does a Mechanical Engineers make in Fort Collins-Loveland, CO?
The median annual salary for a Mechanical Engineers in Fort Collins-Loveland, CO is $110,200. This typically ranges from $71,990 for entry-level positions to $158,060 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Collins-Loveland, CO is 0.5% higher than the national median of $109,640.
Is Fort Collins-Loveland, CO a lucrative place for Mechanical Engineers?
Yes, it is a lucrative place for Mechanical Engineers.The average salary of $110,200 is slightly above the national average, and the cost of living is exactly at the national average, making it financially advantageous.
Is Fort Collins-Loveland, CO a good place to live for Mechanical Engineers?
The Cost of Living Index in Fort Collins-Loveland, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Collins-Loveland, CO?
Some top paying nearby cities include Greeley, CO ($106,410) and Boulder, CO.
How does the number of Mechanical Engineers in Fort Collins-Loveland compare nationally?
With 3.008 jobs per 1,000 workers, the concentration of Mechanical Engineers in Fort Collins-Loveland is notably higher than the national average, as indicated by a Location Quotient of 1.62.
What is the significance of the Location Quotient for Mechanical Engineers in this area?
A Location Quotient of 1.62 means that Mechanical Engineers are 62% more concentrated in Fort Collins-Loveland compared to the national average, suggesting a strong local industry presence and demand for these professionals.
How does the Cost of Living in Fort Collins-Loveland affect a Mechanical Engineer's salary?
With a Cost of Living Index of 100, the $110,200 average salary in Fort Collins-Loveland offers purchasing power equivalent to the national average, meaning your earnings will go as far as they would in a typical U.S. city.
What does the total local workforce of 530 Mechanical Engineers imply?
A workforce of 530 indicates a substantial and established community of Mechanical Engineers in the Fort Collins-Loveland area, suggesting a stable job market with ongoing opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 530 employees in the Fort Collins-Loveland, CO area with a job density of 3.008 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Mechanical Engineers • Data source: BLS OEWS 2024 •Jobs in Fort Collins-Loveland, CO