Average Cost Estimators Salary in Beaumont-Port Arthur, TX
Cost Estimators in Beaumont-Port Arthur, TX earn an impressive average annual salary of $85,100, surpassing the national average of $83,140. This elevated compensation is likely driven by the region's specific industrial demands and the specialized nature of cost estimation within sectors prevalent in the Beaumont-Port Arthur area.
Executive Summary
- Average Salary: $85,100 per year.
- Growth Trend: Salaries have shifted 3.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,770.
- Outlook: The local job market for Cost Estimators in Beaumont-Port Arthur, TX, appears robust, with a total workforce of 370 professionals. The Location Quotient of 1.64 indicates a significantly higher concentration of these roles compared to the national average, suggesting strong local demand and a specialized industry presence that supports this workforce.
Salary Overview
The average Cost Estimators in Beaumont-Port Arthur, TX earns+2.4%above the national average.
$40.9
$1,637
$7,092
Cost Estimators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Cost Estimators in Beaumont-Port Arthur, TX, have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing project complexity, and demand for accurate cost projections likely contribute to an upward trajectory in compensation for this vital role.
Cost Estimators Salary Distribution in Beaumont-Port Arthur, TX
Career progression for Cost Estimators typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project experience and specialized knowledge can command salaries well into the upper percentiles, reflecting their increased value and expertise in complex estimation tasks.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,350 | $21.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,825 | $30.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,860 | $37.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $106,375 | $51.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,770 | $63.4 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$85,100
Gross Pay
Real Wage (Purchasing Power)
$85,100
Adjusted for COL (100)
The average annual salary of $85,100 in Beaumont-Port Arthur, TX, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Cost Estimator's salary in this region is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
370
Total Jobs
2.34
Per 1K Jobs
1.64
Location Quotient
Beaumont-Port Arthur, TX has 1.6x the national concentration of Cost Estimators jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.64, Beaumont-Port Arthur, TX, demonstrates a notable concentration of Cost Estimator roles relative to the rest of the nation. This suggests a specialized market where demand for these skills is higher than the national average, potentially leading to more opportunities and competitive compensation for qualified professionals in the area.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Lake Charles, LA Cost Estimators Salary | $73,820↓ 13% | 56 mi |
| Houston-Pasadena-The Woodlands, TX Cost Estimators Salary | $79,870↓ 6% | 77 mi |
Comparing salaries near Beaumont-Port Arthur, TX
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Beaumont-Port Arthur, TX?
The median annual salary for a Cost Estimators in Beaumont-Port Arthur, TX is $85,100. This typically ranges from $45,350 for entry-level positions to $131,770 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Beaumont-Port Arthur, TX is 2.4% higher than the national median of $83,140.
Is Beaumont-Port Arthur, TX a lucrative place for Cost Estimators?
Yes, it is a lucrative place for Cost Estimators.The average salary of $85,100 is above the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Beaumont-Port Arthur, TX a good place to live for Cost Estimators?
The Cost of Living Index in Beaumont-Port Arthur, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Beaumont-Port Arthur, TX?
Some top paying nearby cities include Lake Charles, LA ($73,820) and Houston-Pasadena-The Woodlands, TX.
How does the Beaumont-Port Arthur Cost Estimator salary compare to the national average?
Cost Estimators in Beaumont-Port Arthur, TX, earn an average of $85,100 annually, which is higher than the national average of $83,140.
What is the concentration of Cost Estimators in Beaumont-Port Arthur, TX?
The concentration, measured by the Location Quotient, is 1.64, meaning there are significantly more Cost Estimators per worker in Beaumont-Port Arthur, TX, than the national average.
How does the cost of living affect the salary in Beaumont-Port Arthur, TX?
The cost of living in Beaumont-Port Arthur, TX, is exactly at the national average (index of 100), so the $85,100 salary offers purchasing power equivalent to the national standard.
What does the job market size indicate for Cost Estimators in this area?
With 370 Cost Estimators and a high Location Quotient, the job market indicates a strong, specialized demand for these professionals within the Beaumont-Port Arthur, TX region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Beaumont-Port Arthur, TX area with a job density of 2.34 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 Beaumont-Port Arthur, TX