Operating Engineers and Other Construction Equipment Operators in Fort Collins-Loveland, CO, earn an average annual salary of $62,960. This figure is slightly below the national average of $66,680, suggesting localized market dynamics and demand influence compensation in this Colorado region. Factors such as the specific construction projects underway and the overall economic climate of the area play a crucial role in shaping these pay rates.
Executive Summary
- Average Salary: $62,960 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,680.
- Outlook: The local workforce for Operating Engineers and Other Construction Equipment Operators in Fort Collins-Loveland, CO, comprises 620 individuals. With a Location Quotient of 1.15, the concentration of these roles is slightly higher than the national average, indicating a steady demand for skilled operators within the region. This suggests a reasonably robust job market for this profession.
Salary Overview
The average Operating Engineers and Other Construction Equipment Operators in Fort Collins-Loveland, CO earns-5.6%below the national average.
$30.3
$1,211
$5,247
Operating Engineers and Other Construction Equipment Operators Salary Trends (2020-2024)
While specific historical data for this exact role in Fort Collins-Loveland is not provided, it is generally assumed that salaries for Operating Engineers and Other Construction Equipment Operators have experienced consistent growth over the past four years, mirroring broader trends in the construction industry. This growth is typically driven by inflation, increased demand for infrastructure, and the need for specialized skills.
Operating Engineers and Other Construction Equipment Operators Salary Distribution in Fort Collins-Loveland, CO
Career progression for Operating Engineers and Other Construction Equipment Operators typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the gap between starting wages and the average salary of $62,960 signifies the value placed on experience, specialized certifications, and the ability to handle complex machinery and projects.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $49,170 | $23.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $47,220 | $22.7 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $63,030 | $30.3 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $78,700 | $37.8 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $74,680 | $35.9 |
Detailed Operating Engineers and Other Construction Equipment Operators Market Analysis
Relocation Context
Nominal Salary
$62,960
Gross Pay
Real Wage (Purchasing Power)
$62,960
Adjusted for COL (100)
The average annual salary of $62,960 for Operating Engineers and Other Construction Equipment Operators in Fort Collins-Loveland, CO, aligns precisely with the national average cost of living index of 100. This means that the purchasing power of this salary is comparable to the national average, offering a stable financial outlook for professionals considering a move to the area.
Job Market Context
620
Total Jobs
3.509
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Fort Collins-Loveland, CO has a slightly higher-than-average concentration of Operating Engineers and Other Construction Equipment Operators roles compared to the national norm.
With a Location Quotient of 1.15, Fort Collins-Loveland, CO, exhibits a slightly higher concentration of Operating Engineers and Other Construction Equipment Operators compared to the national average. This suggests that the job market in this area is moderately competitive, with a demand that slightly outpaces the national distribution of these roles, potentially offering good opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Operating Engineers and Other Construction Equipment Operators
Comparing salaries near Fort Collins-Loveland, CO
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Frequently Asked Questions
How much does a Operating Engineers and Other Construction Equipment Operators make in Fort Collins-Loveland, CO?
The median annual salary for a Operating Engineers and Other Construction Equipment Operators in Fort Collins-Loveland, CO is $62,960. This typically ranges from $49,170 for entry-level positions to $74,680 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 5.6% lower than the national median of $66,680.
Is Fort Collins-Loveland, CO a lucrative place for Operating Engineers and Other Construction Equipment Operatorss?
Moderately. The salary is slightly below the national average, but the cost of living is also at the national average.While the average salary of $62,960 is slightly less than the national average, the cost of living being exactly at the national average (100) means your earnings will have comparable purchasing power.
Is Fort Collins-Loveland, CO a good place to live for Operating Engineers and Other Construction Equipment Operators?
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 ($59,120) and Boulder, CO.
How does the Fort Collins-Loveland salary compare to the national average?
The average salary for Operating Engineers and Other Construction Equipment Operators in Fort Collins-Loveland, CO, is $62,960, which is slightly lower than the national average of $66,680.
What is the cost of living in Fort Collins-Loveland, CO?
The cost of living index in Fort Collins-Loveland, CO, is 100, which is exactly the national average.
Is there high demand for Operating Engineers in Fort Collins-Loveland, CO?
With a Location Quotient of 1.15, the concentration of these roles is slightly above the national average, indicating a steady demand for skilled operators in the region.
How many Operating Engineers are there in Fort Collins-Loveland, CO?
The total local workforce for Operating Engineers and Other Construction Equipment Operators in Fort Collins-Loveland, CO, is approximately 620 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the Fort Collins-Loveland, CO area with a job density of 3.509 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Operating Engineers and Other Construction Equipment Operators • Data source: BLS OEWS 2024 •Jobs in Fort Collins-Loveland, CO