Average Retail Salespersons Salary in Northwest Colorado nonmetropolitan area
Retail Salespersons in the Northwest Colorado nonmetropolitan area earn an average annual salary of $42,370, notably exceeding the national average of $37,150. This higher compensation is likely influenced by the region's specific economic drivers and potentially a more concentrated demand for sales talent within its unique market structure. The local workforce of 4,680 individuals in this sector contributes to this localized pay scale.
Executive Summary
- Average Salary: $42,370 per year.
- Growth Trend: Salaries have shifted 12.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $55,270.
- Outlook: The job market for Retail Salespersons in Northwest Colorado appears robust, indicated by a substantial local workforce of 4,680 individuals. The Location Quotient of 1.44 suggests a higher concentration of these roles compared to the national average, implying a sustained or growing demand for retail sales talent within the region. With 35.401 jobs per 1,000 workers, the sector is a significant employer in the area.
Salary Overview
The average Retail Salespersons in Northwest Colorado nonmetropolitan area earns+14.1%above the national average.
$20.4
$815
$3,531
Retail Salespersons Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Retail Salesperson salaries in Northwest Colorado have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and evolving market demands typically drive upward adjustments in compensation for sales roles, ensuring that pay remains competitive within the local context.
Retail Salespersons Salary Distribution in Northwest Colorado nonmetropolitan area
Salary progression for Retail Salespersons typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven sales records and specialized skills can command significantly higher salaries. The percentile gaps in compensation reflect this career trajectory, with senior roles often occupying the upper quartiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $31,160 | $15 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $31,778 | $15.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $38,770 | $18.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $52,963 | $25.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $55,270 | $26.6 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$42,370
Gross Pay
Real Wage (Purchasing Power)
$42,370
Adjusted for COL (100)
The nominal average annual salary of $42,370 in Northwest Colorado aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Retail Salesperson's salary in this region is equivalent to that of someone earning the national average in a typical U.S. location, offering a stable financial foundation for residents.
Job Market Context
4,680
Total Jobs
35.401
Per 1K Jobs
1.44
Location Quotient
With a location quotient of 1.44, Northwest Colorado nonmetropolitan area has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.
Northwest Colorado's Location Quotient of 1.44 signifies a market where Retail Salesperson roles are more concentrated than the national average. This suggests a potentially competitive environment for job seekers, but also indicates a strong presence and importance of the retail sector within the local economy, offering ample opportunities for those looking to enter or advance in the field.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Retail Salespersons Salary | $40,350↓ 5% | 32 mi |
| Denver-Aurora-Centennial, CO Retail Salespersons Salary | $42,280↓ 0% | 54 mi |
| Pueblo, CO Retail Salespersons Salary | $36,950↓ 13% | 66 mi |
| Boulder, CO Retail Salespersons Salary | $42,490↑ 0% | 67 mi |
| Greeley, CO Retail Salespersons Salary | $41,680↓ 2% | 98 mi |
Comparing salaries near Northwest Colorado nonmetropolitan area
Hiring Retail Salespersonss?
Frequently Asked Questions
How much does a Retail Salespersons make in Northwest Colorado nonmetropolitan area?
The median annual salary for a Retail Salespersons in Northwest Colorado nonmetropolitan area is $42,370. This typically ranges from $31,160 for entry-level positions to $55,270 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Colorado nonmetropolitan area is 14.1% higher than the national median of $37,150.
Is Northwest Colorado nonmetropolitan area a lucrative place for Retail Salespersons?
Yes, it offers above-average earnings with average living costs.Retail Salespersons in this area earn $42,370 annually, exceeding the national average. Coupled with a Cost of Living Index at the national average, this makes the region financially attractive for these roles.
Is Northwest Colorado nonmetropolitan area a good place to live for Retail Salespersons?
The Cost of Living Index in Northwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Colorado nonmetropolitan area?
Some top paying nearby cities include Colorado Springs, CO ($40,350) and Denver-Aurora-Centennial, CO.
How does the salary compare to the national average?
The average annual salary for Retail Salespersons in Northwest Colorado is $42,370, which is higher than the national average of $37,150.
What is the Cost of Living in Northwest Colorado compared to the national average?
The Cost of Living Index in Northwest Colorado is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the country.
How concentrated are Retail Salesperson jobs in this area?
The Location Quotient of 1.44 indicates that Retail Salesperson jobs are 44% more concentrated in Northwest Colorado than the national average, suggesting a strong local demand.
What is the total number of Retail Salespersons in this region?
There are approximately 4,680 Retail Salespersons employed in the Northwest 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 4,680 employees in the Northwest Colorado nonmetropolitan area area with a job density of 35.401 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Retail Salespersons • Data source: BLS OEWS 2024 •Jobs in Northwest Colorado nonmetropolitan area