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Average Production Occupations Salary in Southwest Colorado nonmetropolitan area

In the Southwest Colorado nonmetropolitan area, Production Occupations professionals earn an average annual salary of $52,460. This figure slightly surpasses the national average of $49,710, indicating a localized premium for these roles. Factors such as regional industry demand and the specific economic landscape of Southwest Colorado likely contribute to this higher compensation.

Executive Summary

  • Average Salary: $52,460 per year.
  • Growth Trend: Salaries have shifted 22.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $78,710.
  • Outlook: With a local workforce of 3,230 individuals in Production Occupations, Southwest Colorado presents a moderately sized employment sector. The Location Quotient of 0.53 suggests that this occupation is less concentrated here compared to the national average, implying a potentially stable but not overly saturated job market for skilled production workers.
2024 Market Data

Salary Overview

$52,460

The average Production Occupations in Southwest Colorado nonmetropolitan area earns+5.5%above the national average.

BreakdownBased on 40h/week
Hourly

$25.2

Weekly

$1,009

Monthly

$4,372

Production Occupations Salary Distribution in Southwest Colorado nonmetropolitan area

Career progression within Production Occupations in Southwest Colorado typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical salary range often sees entry-level roles starting around the lower end of the pay scale, with experienced and senior professionals commanding salaries well above the average, reflecting their specialized skills and responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$34,610$16.6
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$39,345$18.9
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$46,870$22.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$65,575$31.5
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$78,710$37.8

Detailed Production Occupations Market Analysis

Relocation Context

Nominal Salary

$52,460

Gross Pay

Real Wage (Purchasing Power)

$52,460

Adjusted for COL (100)

The average annual salary of $52,460 in Southwest Colorado aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a production worker's salary in this region is equivalent to that of a worker earning the national average in a typical U.S. location, offering a stable financial foundation.

Job Market Context

3,230

Total Jobs

29.88

Per 1K Jobs

0.53

Location Quotient

Below Average

Southwest Colorado nonmetropolitan area has 0.53x the national average concentration of Production Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.53 for Production Occupations in Southwest Colorado indicates that these jobs are less prevalent in this region compared to the national average. This suggests that while opportunities exist, the market may be less competitive, potentially offering a good environment for skilled professionals seeking employment without facing intense competition from a large pool of similarly qualified candidates.

Nearby Job Markets

Nearby Cities for Production Occupations

Comparing salaries near Southwest Colorado nonmetropolitan area

Hiring Production Occupationss?

Frequently Asked Questions

How much does a Production Occupations make in Southwest Colorado nonmetropolitan area?

The median annual salary for a Production Occupations in Southwest Colorado nonmetropolitan area is $52,460. This typically ranges from $34,610 for entry-level positions to $78,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Colorado nonmetropolitan area is 5.5% higher than the national median of $49,710.

Is Southwest Colorado nonmetropolitan area a lucrative place for Production Occupationss?

Yes, it offers a slightly above-average salary.Production Occupations in Southwest Colorado earn an average of $52,460, which is higher than the national average. Coupled with a cost of living that matches the national average, this makes the area financially competitive for these roles.

Is Southwest Colorado nonmetropolitan area a good place to live for Production Occupations?

The Cost of Living Index in Southwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southwest Colorado nonmetropolitan area?

Some top paying nearby cities include Colorado Springs, CO ($51,290) and Denver-Aurora-Centennial, CO.

How does the salary compare to the national average?

The average annual salary for Production Occupations in Southwest Colorado is $52,460, which is slightly higher than the national average of $49,710.

What is the concentration of Production Occupations jobs in this area?

The Location Quotient is 0.53, meaning Production Occupations are less concentrated in Southwest Colorado compared to the national average.

How does the cost of living affect the salary?

The Cost of Living Index is 100, matching the national average. This means the $52,460 salary has the same purchasing power as the national average salary in a typical U.S. location.

What is the size of the Production Occupations workforce in Southwest Colorado?

There are approximately 3,230 individuals employed in Production Occupations within the Southwest Colorado nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,230 employees in the Southwest Colorado nonmetropolitan area area with a job density of 29.88 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.