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Average Sales and Related Occupations Salary in Southwest Colorado nonmetropolitan area

In the Southwest Colorado nonmetropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $51,580. This figure is slightly below the national average of $54,110, a difference often influenced by regional economic factors and industry concentration. The specific economic landscape and demand within this locale play a significant role in shaping compensation for these vital roles.

Executive Summary

  • Average Salary: $51,580 per year.
  • Growth Trend: Salaries have shifted 32.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,070.
  • Outlook: The Southwest Colorado nonmetropolitan area supports a substantial workforce of 12,230 individuals in Sales and Related Occupations. With a Location Quotient of 1.31, indicating a concentration 31% higher than the national average, this region demonstrates a robust demand for sales professionals. The presence of 113.052 jobs per 1,000 workers further underscores the active and significant market for these roles within the local economy.
2024 Market Data

Salary Overview

$51,580

The average Sales and Related Occupations in Southwest Colorado nonmetropolitan area earns-4.7%below the national average.

BreakdownBased on 40h/week
Hourly

$24.8

Weekly

$992

Monthly

$4,298

Sales and Related Occupations Salary Distribution in Southwest Colorado nonmetropolitan area

Career progression in Sales and Related Occupations within Southwest Colorado typically sees a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven track records can command substantially higher earnings. The percentile gaps in salary distribution clearly signify the career trajectory and earning potential available as individuals advance through junior, mid-level, and senior sales roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$30,650$14.7
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$38,685$18.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$39,460$19
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$64,475$31
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$80,070$38.5

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$51,580

Gross Pay

Real Wage (Purchasing Power)

$51,580

Adjusted for COL (100)

The nominal average annual salary of $51,580 in Southwest 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 comparable to the national standard. Consequently, the salary offers a stable financial footing for residents, without the added pressure of significantly higher or lower living expenses compared to the rest of the country.

Job Market Context

12,230

Total Jobs

113.052

Per 1K Jobs

1.31

Location Quotient

Above Average

With a location quotient of 1.31, Southwest Colorado nonmetropolitan area has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.

The Location Quotient of 1.31 for Sales and Related Occupations in Southwest Colorado nonmetropolitan area signifies a notable concentration of these jobs relative to the national average. This suggests that the market is more specialized and potentially more competitive, with a higher proportion of businesses relying on sales expertise. The abundance of jobs per 1,000 workers further indicates a healthy demand and active recruitment within this sector.

Nearby Job Markets

Nearby Cities for Sales and Related Occupations

Comparing salaries near Southwest Colorado nonmetropolitan area

Hiring Sales and Related Occupationss?

Frequently Asked Questions

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

The median annual salary for a Sales and Related Occupations in Southwest Colorado nonmetropolitan area is $51,580. This typically ranges from $30,650 for entry-level positions to $80,070 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 4.7% lower than the national median of $54,110.

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

Yes, it offers competitive compensation relative to its cost of living.The average salary of $51,580 is on par with the national average cost of living, indicating good purchasing power. Furthermore, the region shows a higher concentration of sales jobs than the national average, suggesting strong local demand.

Is Southwest Colorado nonmetropolitan area a good place to live for Sales and Related 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 ($56,290) and Denver-Aurora-Centennial, CO.

How does the average sales salary in Southwest Colorado compare to the national average?

The average annual salary for Sales and Related Occupations in Southwest Colorado is $51,580, which is slightly lower than the national average of $54,110.

What is the concentration of sales jobs in Southwest Colorado?

Southwest Colorado has a Location Quotient of 1.31 for Sales and Related Occupations, meaning the jobs are 31% more concentrated than the national average.

What is the cost of living in Southwest Colorado compared to the national average?

The Cost of Living Index in Southwest Colorado is 100, which is exactly the national average.

How many sales jobs are there per 1,000 workers in Southwest Colorado?

There are approximately 113.052 jobs per 1,000 workers in Sales and Related Occupations in 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 12,230 employees in the Southwest Colorado nonmetropolitan area area with a job density of 113.052 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.