Average Sales and Related Occupations Salary in Colorado Springs, CO
In Colorado Springs, CO, professionals in Sales and Related Occupations earn an average annual salary of $56,290. This figure slightly surpasses the national average of $54,110, indicating a favorable compensation landscape within the region. Local economic factors and a robust demand for sales expertise likely contribute to this elevated pay.
Executive Summary
- Average Salary: $56,290 per year.
- Growth Trend: Salaries have shifted 19.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,240.
- Outlook: With a substantial local workforce of 31,030 individuals in Sales and Related Occupations, and a Location Quotient of 1.12, Colorado Springs demonstrates a notable concentration of these roles compared to the national average. This suggests a healthy and potentially growing job market for sales professionals, with demand exceeding the typical national distribution.
Salary Overview
The average Sales and Related Occupations in Colorado Springs, CO earns+4.0%above the national average.
$27.1
$1,083
$4,691
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Sales and Related Occupations in Colorado Springs have experienced growth over the past four years, mirroring national trends of increasing compensation in this vital sector. Economic expansion and evolving market dynamics typically drive upward salary adjustments.
Sales and Related Occupations Salary Distribution in Colorado Springs, CO
Career progression in Sales and Related Occupations significantly impacts earning potential. Entry-level positions typically start at lower salary percentiles, while seasoned professionals with extensive experience and proven track records can command salaries in the upper percentiles. The widening gap between entry-level and senior roles highlights the substantial rewards for career advancement and skill development.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $30,860 | $14.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $42,218 | $20.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $42,240 | $20.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $70,363 | $33.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $98,240 | $47.2 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$56,290
Gross Pay
Real Wage (Purchasing Power)
$56,290
Adjusted for COL (100)
The average annual salary of $56,290 in Colorado Springs aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a sales professional's income in Colorado Springs is comparable to the national average, offering a stable financial environment for residents.
Job Market Context
31,030
Total Jobs
97.332
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Colorado Springs, CO has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.
A Location Quotient of 1.12 signifies that Sales and Related Occupations are 12% more concentrated in Colorado Springs than the national average. This indicates a slightly more competitive, yet also potentially more abundant, job market for sales professionals, suggesting that employers actively seek and value these skills within the local economy.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area Sales and Related Occupations Salary | $54,540↓ 3% | 32 mi |
| Southwest Colorado nonmetropolitan area Sales and Related Occupations Salary | $51,580↓ 8% | 32 mi |
| Eastern and Southern Colorado nonmetropolitan area Sales and Related Occupations Salary | $47,240↓ 16% | 32 mi |
| Pueblo, CO Sales and Related Occupations Salary | $47,310↓ 16% | 42 mi |
| Denver-Aurora-Centennial, CO Sales and Related Occupations Salary | $68,960↑ 23% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Colorado Springs, CO?
The median annual salary for a Sales and Related Occupations in Colorado Springs, CO is $56,290. This typically ranges from $30,860 for entry-level positions to $98,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 4.0% higher than the national median of $54,110.
Is Colorado Springs, CO a lucrative place for Sales and Related Occupationss?
Yes, Colorado Springs offers a slightly more lucrative environment for Sales and Related Occupations.The average salary of $56,290 is above the national average, and the cost of living is on par with the national average, providing good purchasing power.
Is Colorado Springs, CO a good place to live for Sales and Related Occupations?
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 ($54,540) and Southwest Colorado nonmetropolitan area.
How does the Colorado Springs sales job market compare to the national average?
The job market in Colorado Springs for Sales and Related Occupations is slightly more concentrated than the national average, with a Location Quotient of 1.12, suggesting a robust local demand.
What is the average salary for Sales and Related Occupations in Colorado Springs?
The average annual salary for Sales and Related Occupations in Colorado Springs is $56,290.
How does the cost of living in Colorado Springs affect the salary?
Colorado Springs has a Cost of Living Index of 100, which is the national average. This means the $56,290 salary offers purchasing power equivalent to the national average.
What is the total workforce size for Sales and Related Occupations in Colorado Springs?
The total local workforce for Sales and Related Occupations in Colorado Springs comprises 31,030 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 31,030 employees in the Colorado Springs, CO area with a job density of 97.332 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 Springs, CO