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Sales Manager Salary in Lakewood, CO

How much does a sales manager make in Lakewood? Explore median, entry-level, and senior salaries adjusted for Lakewood's cost of living.

Median Salary
$176,620
per year in Lakewood
Entry Level
$102,439
Starting salary
Senior Level
$243,735
Experienced professionals
Cost of Living
118
18% above national avg

Salary Breakdown by Experience Level

See how sales manager salaries break down across different pay periods in Lakewood.

PeriodEntry LevelMedianSenior
Annual$102,439$176,620$243,735
Monthly$8,537$14,718$20,311
Biweekly$3,940$6,793$9,374
Weekly$1,970$3,397$4,687
Hourly$49$85$117

Lakewood vs National Average

How Lakewood's sales manager salaries compare to national figures.

Lakewood Salary
$176,620
COL Index: 118
National Average
$115,190
COL Index: 100
Difference
+$61,430
Higher in Lakewood

Cost of Living in Lakewood

1-Bedroom Rent
$1,500
per month
Median Income
$62,340
per year
Population
156,605
residents
Rent % of Income
28.9%
median household
Cost of Living Index: 118 — A score of 100 represents the U.S. average. Salaries in Lakewood have been adjusted to account for local cost differences.

About Sales Manager

Overview

Manage sales teams and develop strategies to increase revenue.

Education

Bachelor's degree; sales experience required

Key Skills

Sales ManagementTeam LeadershipNegotiationStrategic Planning

Growth Rate

Expected job growth: +20% over the next decade

Compare Cities: Sales Manager Salary

See Sales Manager salaries in other top cities.

New York, NY
$211,670
+20%
Los Angeles, CA
$126,790
-28%
Chicago, IL
$147,940
-16%
Houston, TX
$131,040
-26%
Phoenix, AZ
$131,410
-26%

Financial Tools to Explore

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Sales Manager Salary in Lakewood, CO — Complete Guide

Median Salary Overview

The median salary for a sales manager in Lakewood, CO is $176,620 per year, adjusted for the local cost of living index of 118. This figure reflects typical earnings for experienced professionals in this role, considering Lakewood's unique economic conditions.

Salary Range and Experience Levels

Entry-level sales manager professionals in Lakewood can expect to earn around $102,439 annually. As professionals gain experience, salaries typically increase, with senior-level sales managers earning approximately $243,735 per year. This represents a 138% increase from entry to senior level.

Cost of Living Adjustment

Lakewood's cost of living index of 118 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Lakewood are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $115,190, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a sales manager's salary in Lakewood typically goes toward housing. With a 1-bedroom apartment averaging $1,500 per month, housing represents about 10.2% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Sales Managers are in growing demand across the United States, with an expected job growth of 20% over the next decade. In Lakewood, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.