Average Sales and Related Occupations Salary in Colorado
Sales and Related Occupations in Colorado command an impressive average annual salary of $64,490, significantly outpacing the national average of $54,110. This higher compensation is often driven by Colorado's robust economic landscape and a strong demand for skilled sales professionals across various thriving industries within the state.
Executive Summary
- Average Salary: $64,490 per year.
- Growth Trend: Salaries have shifted 19.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,420.
- Outlook: With a substantial local workforce of 305,140 individuals in Sales and Related Occupations, Colorado demonstrates a significant presence in this sector. The location quotient of 1.22 further indicates that these roles are more concentrated in Colorado than the national average, suggesting a healthy and active job market with consistent demand for sales talent.
Salary Overview
The average Sales and Related Occupations in Colorado earns+19.2%above the national average.
$31
$1,240
$5,374
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Sales and Related Occupations in Colorado have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is likely fueled by economic expansion, evolving sales strategies, and the increasing value placed on effective sales teams within the state's dynamic business environment.
Sales and Related Occupations Salary Distribution in Colorado
Salaries within Sales and Related Occupations in Colorado show a clear progression based on experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command significantly higher earnings. The widening salary gap between the 25th and 75th percentiles clearly signifies substantial career advancement opportunities and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $32,000 | $15.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $48,368 | $23.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $46,400 | $22.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $80,613 | $38.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $123,420 | $59.3 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$64,490
Gross Pay
Real Wage (Purchasing Power)
$61,128
Adjusted for COL (105.5)
The average annual salary of $64,490 in Colorado presents a strong financial standing when considered against the state's Cost of Living Index of 105.5. While slightly above the national average, this salary offers good purchasing power, allowing residents to comfortably afford the local cost of goods and services, making Colorado an attractive location for sales professionals.
Job Market Context
305,140
Total Jobs
105.54
Per 1K Jobs
1.22
Location Quotient
With a location quotient of 1.22, Colorado has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.
Colorado's location quotient of 1.22 for Sales and Related Occupations signifies a market that is 22% more concentrated than the national average. This suggests a robust and competitive job market where sales roles are not only prevalent but also potentially more specialized, offering ample opportunities for those with relevant skills and experience to thrive.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Sales and Related Occupations Salary | $56,290↓ 13% | 32 mi |
| Denver-Aurora-Centennial, CO Sales and Related Occupations Salary | $68,960↑ 7% | 54 mi |
| Pueblo, CO Sales and Related Occupations Salary | $47,310↓ 27% | 66 mi |
| Boulder, CO Sales and Related Occupations Salary | $77,580↑ 20% | 67 mi |
| Greeley, CO Sales and Related Occupations Salary | $58,180↓ 10% | 98 mi |
Comparing salaries near Colorado
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Colorado?
The median annual salary for a Sales and Related Occupations in Colorado is $64,490. This typically ranges from $32,000 for entry-level positions to $123,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado is 19.2% higher than the national median of $54,110.
Is Colorado a lucrative place for Sales and Related Occupationss?
Yes, Colorado offers a lucrative environment for Sales and Related Occupations.The average salary of $64,490 significantly exceeds the national average, and the concentrated job market indicates strong demand for these professionals.
Is Colorado a good place to live for Sales and Related Occupations?
The Cost of Living Index in Colorado is 105.5. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado?
Some top paying nearby cities include Colorado Springs, CO ($56,290) and Denver-Aurora-Centennial, CO.
How does Colorado's sales salary compare to the national average?
The average annual salary for Sales and Related Occupations in Colorado is $64,490, which is notably higher than the national average of $54,110.
What is the concentration of sales jobs in Colorado?
Colorado has a location quotient of 1.22 for Sales and Related Occupations, indicating that these jobs are 22% more concentrated in the state compared to the national average.
How does the cost of living in Colorado affect the salary?
With a Cost of Living Index of 105.5, Colorado is slightly more expensive than the national average, but the higher average salary of $64,490 generally provides good purchasing power.
What is the total workforce size for Sales and Related Occupations in Colorado?
Colorado employs a substantial 305,140 individuals within Sales and Related Occupations, highlighting the sector's significant presence in the state's economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 305,140 employees in the Colorado area with a job density of 105.54 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Sales and Related Occupations • Data source: BLS OEWS 2024 •Jobs in Colorado