Average Cost Estimators Salary in Asheville, NC
In Asheville, NC, Cost Estimators earn an average annual salary of $70,000. This figure is notably below the national average of $83,140, suggesting that local market dynamics and potentially a smaller scale of projects influence compensation. While the cost of living in Asheville is right at the national benchmark, the salary difference warrants consideration for professionals in this field.
Executive Summary
- Average Salary: $70,000 per year.
- Growth Trend: Salaries have shifted 25.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $100,230.
- Outlook: The Asheville job market for Cost Estimators, while not exceptionally concentrated with a Location Quotient of 0.91, supports a dedicated local workforce of 240 professionals. With 1.29 jobs per 1,000 workers, the demand is present, indicating a stable, albeit not rapidly expanding, employment landscape for this role within the region.
Salary Overview
The average Cost Estimators in Asheville, NC earns-15.8%below the national average.
$33.7
$1,346
$5,833
Cost Estimators Salary Trends (2020-2024)
While specific historical data for Asheville's Cost Estimator salaries was not provided, it is reasonable to assume a general upward trend mirroring national patterns over the past four years. Economic growth and inflation typically drive salary increases across most professions, and Cost Estimators would likely have experienced modest but consistent wage appreciation in line with broader market forces.
Cost Estimators Salary Distribution in Asheville, NC
Salary progression for Cost Estimators in Asheville, as elsewhere, is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while senior estimators with extensive project experience and specialized knowledge command significantly higher salaries. The gap between the 25th and 75th percentile salaries would illustrate this career trajectory, with experienced professionals earning substantially more than their junior counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,820 | $20.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,500 | $25.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $68,540 | $33 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $87,500 | $42.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $100,230 | $48.2 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$70,000
Gross Pay
Real Wage (Purchasing Power)
$70,000
Adjusted for COL (100)
With an average salary of $70,000 and a Cost of Living Index of 100, the nominal income in Asheville, NC, translates directly to purchasing power equivalent to the national average. This means that while the salary is lower than the national average, the cost of goods and services in Asheville does not present a disadvantage, offering a stable financial standing relative to national benchmarks.
Job Market Context
240
Total Jobs
1.29
Per 1K Jobs
0.91
Location Quotient
Asheville, NC has 0.91x the national average concentration of Cost Estimators jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.91 indicates that Asheville has a slightly lower concentration of Cost Estimators compared to the national average. This suggests that the market is neither oversaturated nor exceptionally scarce for these professionals. While not a high-demand hotspot, the presence of a local workforce and consistent job availability implies a balanced and competitive environment for Cost Estimators.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Greenville-Anderson-Greer, SC Cost Estimators Salary | $72,960↑ 4% | 52 mi |
| Johnson City, TN Cost Estimators Salary | $70,920↑ 1% | 54 mi |
| Spartanburg, SC Cost Estimators Salary | $74,000↑ 6% | 56 mi |
| Morristown, TN Cost Estimators Salary | $69,420↓ 1% | 61 mi |
| Kingsport-Bristol, TN-VA Cost Estimators Salary | $75,340↑ 8% | 66 mi |
Comparing salaries near Asheville, NC
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Asheville, NC?
The median annual salary for a Cost Estimators in Asheville, NC is $70,000. This typically ranges from $41,820 for entry-level positions to $100,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Asheville, NC is 15.8% lower than the national median of $83,140.
Is Asheville, NC a lucrative place for Cost Estimators?
No, not exceptionally lucrative compared to the national average.The average salary of $70,000 is below the national average of $83,140, although the cost of living is on par with the national average.
Is Asheville, NC a good place to live for Cost Estimators?
The Cost of Living Index in Asheville, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Asheville, NC?
Some top paying nearby cities include Greenville-Anderson-Greer, SC ($72,960) and Johnson City, TN.
How does Asheville's Cost of Living compare to the national average?
Asheville, NC, has a Cost of Living Index of 100, which is exactly the national average, indicating that the general price level for goods and services is comparable to the rest of the United States.
What is the concentration of Cost Estimators in Asheville?
The concentration of Cost Estimators in Asheville is indicated by a Location Quotient of 0.91, meaning there are slightly fewer Cost Estimators per worker in Asheville than the national average.
How many Cost Estimators are employed in Asheville?
There are approximately 240 Cost Estimators employed in the Asheville, NC area, representing 1.29 jobs per 1,000 workers in the local economy.
Does experience significantly impact a Cost Estimator's salary in Asheville?
Yes, like most professions, a Cost Estimator's salary in Asheville is expected to increase significantly with experience, with senior roles commanding higher compensation than entry-level positions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Asheville, NC area with a job density of 1.29 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Asheville, NC