Average Cost Estimators Salary in Austin-Round Rock-San Marcos, TX
Cost Estimators in the Austin-Round Rock-San Marcos, TX metropolitan area earn an average annual salary of $86,730. This figure slightly surpasses the national average of $83,140, indicating a localized premium for this profession. The dynamic economic landscape and demand within the region likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $86,730 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $134,450.
- Outlook: The Austin-Round Rock-San Marcos area demonstrates a healthy demand for Cost Estimators, evidenced by a local workforce of 2,070 professionals. With a Location Quotient of 1.15, the concentration of these roles is 15% higher than the national average, suggesting a robust and potentially growing job market for skilled estimators in this region.
Salary Overview
The average Cost Estimators in Austin-Round Rock-San Marcos, TX earns+4.3%above the national average.
$41.7
$1,668
$7,228
Cost Estimators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Cost Estimator salaries in Austin-Round Rock-San Marcos have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased project complexity, and a competitive labor market typically drive upward salary adjustments for specialized roles like cost estimation.
Cost Estimators Salary Distribution in Austin-Round Rock-San Marcos, TX
Career progression for Cost Estimators is typically marked by increasing earning potential. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized knowledge can command salaries in the upper percentiles. The salary distribution reflects a clear opportunity for advancement and increased compensation as expertise and responsibility grow.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,010 | $22.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,048 | $31.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,830 | $38.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $108,413 | $52.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $134,450 | $64.6 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$86,730
Gross Pay
Real Wage (Purchasing Power)
$86,730
Adjusted for COL (100)
For professionals considering a move to Austin-Round Rock-San Marcos, the nominal salary of $86,730 is particularly attractive. With a Cost of Living Index of 100, which is precisely the national average, your earnings will maintain their purchasing power. This means your salary effectively translates to the national standard, offering financial stability without the burden of higher living expenses.
Job Market Context
2,070
Total Jobs
1.641
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Austin-Round Rock-San Marcos, TX has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
The Location Quotient of 1.15 for Cost Estimators in Austin-Round Rock-San Marcos signifies a slightly more concentrated presence of this profession compared to the national average. This suggests that while the market is not oversaturated, there is a notable demand and a slightly higher proportion of these jobs available locally, potentially leading to more opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Cost Estimators Salary | $72,390↓ 17% | 53 mi |
| Northwestern Region of Texas nonmetropolitan area Cost Estimators Salary | $72,240↓ 17% | 53 mi |
| Hill Country Region of Texas nonmetropolitan area Cost Estimators Salary | $74,400↓ 14% | 53 mi |
| Coastal Plains Region of Texas nonmetropolitan area Cost Estimators Salary | $79,140↓ 9% | 53 mi |
| Eastern Region of Texas nonmetropolitan area Cost Estimators Salary | $71,480↓ 18% | 53 mi |
Comparing salaries near Austin-Round Rock-San Marcos, TX
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Austin-Round Rock-San Marcos, TX?
The median annual salary for a Cost Estimators in Austin-Round Rock-San Marcos, TX is $86,730. This typically ranges from $47,010 for entry-level positions to $134,450 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Austin-Round Rock-San Marcos, TX is 4.3% higher than the national median of $83,140.
Is Austin-Round Rock-San Marcos, TX a lucrative place for Cost Estimators?
Yes, it is a lucrative place for Cost Estimators.Cost Estimators in this area earn above the national average salary, and the cost of living is on par with the national average, making it financially advantageous.
Is Austin-Round Rock-San Marcos, TX a good place to live for Cost Estimators?
The Cost of Living Index in Austin-Round Rock-San Marcos, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Austin-Round Rock-San Marcos, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($72,390) and Northwestern Region of Texas nonmetropolitan area.
How does the Austin-Round Rock-San Marcos salary compare to the national average?
The average annual salary for Cost Estimators in Austin-Round Rock-San Marcos is $86,730, which is higher than the national average of $83,140.
What is the concentration of Cost Estimators in Austin-Round Rock-San Marcos?
The concentration, measured by the Location Quotient, is 1.15, indicating that the area has 15% more Cost Estimators per worker than the national average.
Does the cost of living affect the value of a Cost Estimator's salary in Austin?
No, the cost of living in Austin-Round Rock-San Marcos is 100, which is the national average. Therefore, the salary of $86,730 has the same purchasing power as it would nationally.
How many Cost Estimators are employed in the Austin-Round Rock-San Marcos area?
There are approximately 2,070 Cost Estimators employed within the Austin-Round Rock-San Marcos metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,070 employees in the Austin-Round Rock-San Marcos, TX area with a job density of 1.641 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 Austin-Round Rock-San Marcos, TX