Average Training and Development Managers Salary in Denver-Aurora-Centennial, CO
In the Denver-Aurora-Centennial, CO metropolitan area, Training and Development Managers command an impressive average annual salary of $147,570. This figure notably surpasses the national average of $143,190, indicating a premium for these specialized roles within the region. The robust local economy and demand for skilled professionals likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $147,570 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $209,260.
- Outlook: The Denver-Aurora-Centennial, CO market for Training and Development Managers appears stable and healthy, with a local workforce of 490 professionals. The Location Quotient of 1.05 suggests a concentration of these roles slightly above the national average, implying consistent demand and a well-established presence for this profession within the area's employment landscape.
Salary Overview
The average Training and Development Managers in Denver-Aurora-Centennial, CO earns+3.1%above the national average.
$71
$2,838
$12,298
Training and Development Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Training and Development Managers in Denver-Aurora-Centennial, CO have experienced steady growth over the past four years, mirroring national trends. Factors such as evolving corporate training needs, increased emphasis on employee development, and general economic expansion likely contribute to upward salary pressure in this field.
Training and Development Managers Salary Distribution in Denver-Aurora-Centennial, CO
Career progression for Training and Development Managers in Denver-Aurora-Centennial, CO typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while senior roles, characterized by extensive experience and strategic oversight, command salaries in the higher percentiles. The widening gap between entry-level and senior compensation reflects the value placed on accumulated expertise and leadership capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $99,450 | $47.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $110,678 | $53.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $138,880 | $66.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $184,463 | $88.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $209,260 | $100.6 |
Detailed Training and Development Managers Market Analysis
Relocation Context
Nominal Salary
$147,570
Gross Pay
Real Wage (Purchasing Power)
$147,570
Adjusted for COL (100)
The nominal average annual salary of $147,570 in Denver-Aurora-Centennial, CO aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Training and Development Manager's salary in this region is equivalent to the national standard, offering a balanced lifestyle without significant financial strain due to living expenses.
Job Market Context
490
Total Jobs
0.306
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Denver-Aurora-Centennial, CO has a slightly higher-than-average concentration of Training and Development Managers roles compared to the national norm.
With a Location Quotient of 1.05, the Denver-Aurora-Centennial, CO market for Training and Development Managers is slightly more concentrated than the national average. This indicates a healthy demand for these professionals, suggesting that while the market is not oversaturated, there are ample opportunities for skilled individuals. The competitive landscape is likely balanced, offering good prospects for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Training and Development Managers
| City | Salary | Dist. |
|---|---|---|
| Boulder, CO Training and Development Managers Salary | $170,510↑ 16% | 27 mi |
Comparing salaries near Denver-Aurora-Centennial, CO
Hiring Training and Development Managerss?
Frequently Asked Questions
How much does a Training and Development Managers make in Denver-Aurora-Centennial, CO?
The median annual salary for a Training and Development Managers in Denver-Aurora-Centennial, CO is $147,570. This typically ranges from $99,450 for entry-level positions to $209,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Denver-Aurora-Centennial, CO is 3.1% higher than the national median of $143,190.
Is Denver-Aurora-Centennial, CO a lucrative place for Training and Development Managers?
Yes, Denver-Aurora-Centennial, CO is a lucrative location for Training and Development Managers.The average salary of $147,570 significantly exceeds the national average, and the cost of living is on par with the national index, indicating strong earning potential and purchasing power.
Is Denver-Aurora-Centennial, CO a good place to live for Training and Development Managers?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Boulder, CO ($170,510) and others.
How does the Denver-Aurora-Centennial, CO salary compare to the national average?
Training and Development Managers in Denver-Aurora-Centennial, CO earn an average of $147,570 annually, which is $4,380 more than the national average of $143,190.
What is the concentration of Training and Development Managers in Denver-Aurora-Centennial, CO?
The Location Quotient of 1.05 indicates that Training and Development Managers are slightly more concentrated in Denver-Aurora-Centennial, CO than the national average, suggesting a robust local presence for this profession.
How does the cost of living affect the salary in Denver-Aurora-Centennial, CO?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100, meaning it is the same as the national average. Therefore, the higher nominal salary translates directly to equivalent purchasing power compared to the national standard.
What is the total number of Training and Development Managers in the Denver-Aurora-Centennial, CO area?
There are approximately 490 Training and Development Managers employed within the Denver-Aurora-Centennial, CO metropolitan statistical area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Denver-Aurora-Centennial, CO area with a job density of 0.306 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Training and Development Managers • Data source: BLS OEWS 2024 •Jobs in Denver-Aurora-Centennial, CO