Average Medical Equipment Repairers Salary in Denver-Aurora-Centennial, CO
Medical Equipment Repairers in the Denver-Aurora-Centennial, CO area earn an impressive average annual salary of $74,890. This figure significantly surpasses the national average of $66,640, indicating a strong local demand for these specialized skills. The higher compensation in this metropolitan area is likely driven by a combination of factors, including the concentration of healthcare facilities and the need for skilled technicians to maintain advanced medical technology.
Executive Summary
- Average Salary: $74,890 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,280.
- Outlook: The Denver-Aurora-Centennial, CO metropolitan area presents a robust job market for Medical Equipment Repairers, evidenced by a total local workforce of 720 individuals. With a Location Quotient of 1.13, this region shows a concentration of these roles that is 13% higher than the national average, suggesting a healthy and potentially growing demand for qualified professionals in this field.
Salary Overview
The average Medical Equipment Repairers in Denver-Aurora-Centennial, CO earns+12.4%above the national average.
$36
$1,440
$6,241
Medical Equipment Repairers Salary Trends (2020-2024)
While specific historical data for this role in Denver is not provided, it is reasonable to assume a positive salary growth trend over the past four years, mirroring national trends in the healthcare technology sector. As medical equipment becomes more sophisticated and essential, the demand for skilled repairers is expected to rise, likely leading to continued salary increases and improved compensation packages for experienced professionals.
Medical Equipment Repairers Salary Distribution in Denver-Aurora-Centennial, CO
Career progression for Medical Equipment Repairers in Denver-Aurora-Centennial, CO typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as technicians gain specialized knowledge, certifications, and years of service, their earning potential escalates. The salary distribution, with higher percentiles representing senior roles, clearly signifies a rewarding career path with substantial financial growth opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $48,060 | $23.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $56,168 | $27 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $72,800 | $35 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $93,613 | $45 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $101,280 | $48.7 |
Detailed Medical Equipment Repairers Market Analysis
Relocation Context
Nominal Salary
$74,890
Gross Pay
Real Wage (Purchasing Power)
$74,890
Adjusted for COL (100)
For professionals considering a move to Denver-Aurora-Centennial, CO, the average annual salary of $74,890 aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of your salary in Denver is comparable to the national average, allowing your earnings to go as far as they would in most other major metropolitan areas across the United States.
Job Market Context
720
Total Jobs
0.447
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Denver-Aurora-Centennial, CO has a slightly higher-than-average concentration of Medical Equipment Repairers roles compared to the national norm.
The Location Quotient of 1.13 for Medical Equipment Repairers in Denver-Aurora-Centennial, CO indicates a slightly higher concentration of these jobs compared to the national average. This suggests a market that is not oversaturated but rather shows a healthy demand, making it a competitive yet accessible environment for both new entrants and experienced professionals seeking employment in this specialized field.
Nearby Job Markets
Nearby Cities for Medical Equipment Repairers
| City | Salary | Dist. |
|---|---|---|
| Boulder, CO Medical Equipment Repairers Salary | $84,230↑ 12% | 27 mi |
| Southwest Colorado nonmetropolitan area Medical Equipment Repairers Salary | $55,210↓ 26% | 54 mi |
Comparing salaries near Denver-Aurora-Centennial, CO
Hiring Medical Equipment Repairerss?
Frequently Asked Questions
How much does a Medical Equipment Repairers make in Denver-Aurora-Centennial, CO?
The median annual salary for a Medical Equipment Repairers in Denver-Aurora-Centennial, CO is $74,890. This typically ranges from $48,060 for entry-level positions to $101,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Denver-Aurora-Centennial, CO is 12.4% higher than the national median of $66,640.
Is Denver-Aurora-Centennial, CO a lucrative place for Medical Equipment Repairerss?
Yes, Denver-Aurora-Centennial, CO is a lucrative location for Medical Equipment Repairers.The average salary of $74,890 significantly exceeds the national average, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Denver-Aurora-Centennial, CO a good place to live for Medical Equipment Repairers?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Boulder, CO ($84,230) and Southwest Colorado nonmetropolitan area.
How does the Denver-Aurora-Centennial, CO salary compare to the national average?
The average annual salary for Medical Equipment Repairers in Denver-Aurora-Centennial, CO is $74,890, which is notably higher than the national average of $66,640.
What is the concentration of Medical Equipment Repairers in Denver-Aurora-Centennial, CO?
The Location Quotient is 1.13, meaning there are 13% more Medical Equipment Repairers jobs in this area compared to the national average, indicating a strong local presence.
How does the cost of living affect the salary in Denver-Aurora-Centennial, CO?
The Cost of Living Index is 100, which is the national average. This means the higher salary in Denver offers a purchasing power equivalent to the national average.
What is the total number of Medical Equipment Repairers in the Denver-Aurora-Centennial, CO area?
There are approximately 720 Medical Equipment Repairers employed within the Denver-Aurora-Centennial, CO metropolitan statistical area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Denver-Aurora-Centennial, CO area with a job density of 0.447 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Medical Equipment Repairers • Data source: BLS OEWS 2024 •Jobs in Denver-Aurora-Centennial, CO