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Average Parts Salespersons Salary in Colorado Springs, CO

Parts Salespersons in Colorado Springs, CO, earn an average annual salary of $47,370, which is notably higher than the national average of $42,390. This elevated compensation is likely influenced by the specific demands of the automotive and industrial sectors within the Colorado Springs region, as well as the local economic landscape.

Executive Summary

  • Average Salary: $47,370 per year.
  • Growth Trend: Salaries have shifted 13.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,270.
  • Outlook: The job market for Parts Salespersons in Colorado Springs appears robust, with a total local workforce of 650 individuals in this role. The Location Quotient of 1.18 indicates a slightly higher concentration of these positions compared to the national average, suggesting a steady demand that aligns with or slightly exceeds national trends.
2024 Market Data

Salary Overview

$47,370

The average Parts Salespersons in Colorado Springs, CO earns+11.7%above the national average.

BreakdownBased on 40h/week
Hourly

$22.8

Weekly

$911

Monthly

$3,948

Parts Salespersons Salary Distribution in Colorado Springs, CO

Career progression for Parts Salespersons typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive product knowledge and sales acumen can command significantly higher salaries, potentially reaching the upper percentiles of the $47,370 average.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$31,880$15.3
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$35,528$17.1
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$44,220$21.3
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$59,213$28.5
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$63,270$30.4

Detailed Parts Salespersons Market Analysis

Relocation Context

Nominal Salary

$47,370

Gross Pay

Real Wage (Purchasing Power)

$47,370

Adjusted for COL (100)

With an average annual salary of $47,370 and a Cost of Living Index of 100 (matching the national average), Parts Salespersons in Colorado Springs can expect their earnings to hold their purchasing power effectively. This means the nominal salary translates directly to comparable living expenses when measured against the rest of the country.

Job Market Context

650

Total Jobs

2.031

Per 1K Jobs

1.18

Location Quotient

Above Average

With a location quotient of 1.18, Colorado Springs, CO has a slightly higher-than-average concentration of Parts Salespersons roles compared to the national norm.

The Location Quotient of 1.18 for Parts Salespersons in Colorado Springs signifies a market where this profession is slightly more concentrated than the national average. This suggests a healthy, competitive job market with a good number of opportunities available for skilled individuals in this field.

Nearby Job Markets

Hiring Parts Salespersonss?

Frequently Asked Questions

How much does a Parts Salespersons make in Colorado Springs, CO?

The median annual salary for a Parts Salespersons in Colorado Springs, CO is $47,370. This typically ranges from $31,880 for entry-level positions to $63,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Colorado Springs, CO is 11.7% higher than the national median of $42,390.

Is Colorado Springs, CO a lucrative place for Parts Salespersons?

Yes, it offers competitive compensation.Parts Salespersons in Colorado Springs earn above the national average salary. Coupled with a cost of living that is on par with the national average, this makes the location financially attractive for the role.

Is Colorado Springs, CO a good place to live for Parts Salespersons?

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 ($44,020) and Southwest Colorado nonmetropolitan area.

How does the Colorado Springs Parts Salesperson salary compare to the national average?

The average annual salary for Parts Salespersons in Colorado Springs is $47,370, which is approximately $5,000 higher than the national average of $42,390.

What is the concentration of Parts Salespersons in Colorado Springs?

Colorado Springs has a Location Quotient of 1.18 for Parts Salespersons, indicating that the profession is slightly more concentrated in this area compared to the national average.

How does the cost of living in Colorado Springs affect salary perception?

The Cost of Living Index in Colorado Springs is 100, which is the national average. This means the $47,370 salary has the same purchasing power as the national average salary in terms of daily expenses.

What is the total number of Parts Salespersons in Colorado Springs?

There are approximately 650 Parts Salespersons 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 650 employees in the Colorado Springs, CO area with a job density of 2.031 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.