Average Miscellaneous Assemblers and Fabricators Salary in Colorado Springs, CO
In Colorado Springs, CO, Miscellaneous Assemblers and Fabricators earn an average annual salary of $43,140. This figure is slightly below the national average of $44,850, indicating localized market dynamics at play. Factors such as regional demand, the presence of specific industries, and the overall economic landscape of Colorado Springs contribute to this pay differential.
Executive Summary
- Average Salary: $43,140 per year.
- Growth Trend: Salaries have shifted 19.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $48,940.
- Outlook: The job market for Miscellaneous Assemblers and Fabricators in Colorado Springs, CO, features a local workforce of 970 individuals. With a Location Quotient of 0.32, the concentration of these roles is below the national average, suggesting a less saturated but potentially less robust demand compared to national trends. The rate of 3.029 jobs per 1,000 workers further contextualizes the availability of these positions within the broader employment ecosystem.
Salary Overview
The average Miscellaneous Assemblers and Fabricators in Colorado Springs, CO earns-3.8%below the national average.
$20.7
$830
$3,595
Miscellaneous Assemblers and Fabricators Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Miscellaneous Assemblers and Fabricators have experienced modest growth over the past four years, mirroring broader economic trends and inflation adjustments. This upward trajectory is typical as industries adapt to market demands and seek to retain skilled labor through competitive compensation.
Miscellaneous Assemblers and Fabricators Salary Distribution in Colorado Springs, CO
Salary progression for Miscellaneous Assemblers and Fabricators typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression opportunities, rewarding accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $34,580 | $16.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $32,355 | $15.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $40,980 | $19.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $53,925 | $25.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $48,940 | $23.5 |
Detailed Miscellaneous Assemblers and Fabricators Market Analysis
Relocation Context
Nominal Salary
$43,140
Gross Pay
Real Wage (Purchasing Power)
$43,140
Adjusted for COL (100)
The average annual salary of $43,140 in Colorado Springs aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is comparable to the national standard, suggesting that while the nominal pay is slightly lower than the national average, it is effectively balanced by the local cost of living.
Job Market Context
970
Total Jobs
3.029
Per 1K Jobs
0.32
Location Quotient
At 0.32x, Colorado Springs, CO has a notably lower concentration of Miscellaneous Assemblers and Fabricators jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.32 indicates that Miscellaneous Assemblers and Fabricators are less concentrated in Colorado Springs, CO, than the national average. This suggests that the job market for these roles may be less competitive, offering potential advantages for job seekers. However, it also implies that the overall demand might be lower compared to regions with a higher concentration of these specialized manufacturing and assembly positions.
Nearby Job Markets
Nearby Cities for Miscellaneous Assemblers and Fabricators
Comparing salaries near Colorado Springs, CO
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Frequently Asked Questions
How much does a Miscellaneous Assemblers and Fabricators make in Colorado Springs, CO?
The median annual salary for a Miscellaneous Assemblers and Fabricators in Colorado Springs, CO is $43,140. This typically ranges from $34,580 for entry-level positions to $48,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 3.8% lower than the national median of $44,850.
Is Colorado Springs, CO a lucrative place for Miscellaneous Assemblers and Fabricators?
No, not significantly more lucrative than the national average.The average salary of $43,140 is slightly below the national average, and the lower Location Quotient suggests a less concentrated job market. However, the cost of living being at the national average means the salary's purchasing power is comparable.
Is Colorado Springs, CO a good place to live for Miscellaneous Assemblers and Fabricators?
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 ($47,700) and Southwest Colorado nonmetropolitan area.
How does the Colorado Springs salary compare to the national average?
The average salary for Miscellaneous Assemblers and Fabricators in Colorado Springs is $43,140, which is slightly lower than the national average of $44,850.
What is the Cost of Living in Colorado Springs, CO?
Colorado Springs has a Cost of Living Index of 100, which is exactly the national average.
What does a Location Quotient of 0.32 mean for this role?
A Location Quotient of 0.32 signifies that the concentration of Miscellaneous Assemblers and Fabricators in Colorado Springs is less than one-third of the national average, indicating a less specialized local market for these jobs.
How many Miscellaneous Assemblers and Fabricators work in Colorado Springs?
There are approximately 970 Miscellaneous Assemblers and Fabricators employed in the Colorado Springs, CO area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 970 employees in the Colorado Springs, CO area with a job density of 3.029 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Miscellaneous Assemblers and Fabricators • Data source: BLS OEWS 2024 •Jobs in Colorado Springs, CO