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Average Sales and Related Occupations Salary in Northwest Colorado nonmetropolitan area

In Northwest Colorado's nonmetropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $54,540. This figure slightly surpasses the national average of $54,110, indicating a competitive compensation landscape. Local economic factors and industry demand likely contribute to this favorable pay.

Executive Summary

  • Average Salary: $54,540 per year.
  • Growth Trend: Salaries have shifted 19.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $84,100.
  • Outlook: With a substantial local workforce of 14,640 individuals in Sales and Related Occupations, and a Location Quotient of 1.28, Northwest Colorado demonstrates a significant concentration of these roles compared to the national average. This suggests a robust and established market for sales professionals within the region.
2024 Market Data

Salary Overview

$54,540

The average Sales and Related Occupations in Northwest Colorado nonmetropolitan area earns+0.8%above the national average.

BreakdownBased on 40h/week
Hourly

$26.2

Weekly

$1,049

Monthly

$4,545

Sales and Related Occupations Salary Distribution in Northwest Colorado nonmetropolitan area

Career progression in Sales and Related Occupations typically involves a clear salary scaling from entry-level to senior positions. The percentile gaps in earnings signify the value placed on experience, specialized skills, and proven track records, offering a tangible reward for career advancement within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$31,200$15
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$40,905$19.7
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$43,770$21
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$68,175$32.8
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$84,100$40.4

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$54,540

Gross Pay

Real Wage (Purchasing Power)

$54,540

Adjusted for COL (100)

The average annual salary of $54,540 in Northwest Colorado 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 this region is equivalent to the national standard, offering stable financial stability.

Job Market Context

14,640

Total Jobs

110.656

Per 1K Jobs

1.28

Location Quotient

Above Average

With a location quotient of 1.28, Northwest Colorado nonmetropolitan area has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.

A Location Quotient of 1.28 indicates that Sales and Related Occupations are more concentrated in Northwest Colorado than the national average. This suggests a higher demand or a more specialized market for these roles, potentially leading to more opportunities and competitive compensation for skilled individuals.

Nearby Job Markets

Nearby Cities for Sales and Related Occupations

Comparing salaries near Northwest Colorado nonmetropolitan area

Hiring Sales and Related Occupationss?

Frequently Asked Questions

How much does a Sales and Related Occupations make in Northwest Colorado nonmetropolitan area?

The median annual salary for a Sales and Related Occupations in Northwest Colorado nonmetropolitan area is $54,540. This typically ranges from $31,200 for entry-level positions to $84,100 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 0.8% higher than the national median of $54,110.

Is Northwest Colorado nonmetropolitan area a lucrative place for Sales and Related Occupationss?

Yes, it offers competitive compensation.The average salary slightly exceeds the national average, and the cost of living is on par, indicating good earning potential relative to expenses.

Is Northwest Colorado nonmetropolitan area a good place to live for Sales and Related Occupations?

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 ($56,290) and Denver-Aurora-Centennial, CO.

How does the local sales job market compare to the national average?

The local market in Northwest Colorado is more concentrated than the national average, with a Location Quotient of 1.28, suggesting a stronger presence of sales roles relative to the overall workforce.

What is the average salary for Sales and Related Occupations in this region?

The average annual salary for Sales and Related Occupations in Northwest Colorado's nonmetropolitan area is $54,540.

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

With a Cost of Living Index of 100, the national average, the $54,540 salary in Northwest Colorado holds the same purchasing power as the national average salary.

What does the workforce size suggest about sales job availability?

A total local workforce of 14,640 in Sales and Related Occupations indicates a significant presence and likely a stable demand for professionals in this sector within the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 14,640 employees in the Northwest Colorado nonmetropolitan area area with a job density of 110.656 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.