Average Cost Estimators Salary in Birmingham, AL
Cost Estimators in Birmingham, AL, earn an average annual salary of $76,980, which is slightly below the national average of $83,140. This localized pay reflects the specific economic conditions and demand within the Birmingham metropolitan area, influencing compensation levels for specialized roles.
Executive Summary
- Average Salary: $76,980 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,910.
- Outlook: The Birmingham, AL job market for Cost Estimators is moderately concentrated, with a Location Quotient of 0.92, indicating a presence close to the national average. The local workforce of 680 professionals suggests a stable, albeit not exceptionally large, pool of talent, implying consistent demand for skilled estimators within the region.
Salary Overview
The average Cost Estimators in Birmingham, AL earns-7.4%below the national average.
$37
$1,480
$6,415
Cost Estimators Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Cost Estimators in Birmingham, AL, have experienced gradual growth over the past four years, mirroring national trends of increasing compensation driven by inflation and evolving industry demands. This suggests a positive trajectory for earning potential in this field locally.
Cost Estimators Salary Distribution in Birmingham, AL
Salary progression for Cost Estimators in Birmingham, AL, typically scales with experience. Entry-level positions might start around the lower percentiles, while senior estimators with extensive project experience and specialized knowledge can command salaries in the upper percentiles, reflecting a clear career advancement path and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,470 | $20.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,735 | $27.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,920 | $34.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $96,225 | $46.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,910 | $61.5 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$76,980
Gross Pay
Real Wage (Purchasing Power)
$76,980
Adjusted for COL (100)
With an average salary of $76,980 and a Cost of Living Index of 100 (matching the national average), Cost Estimators in Birmingham, AL, can expect their nominal earnings to translate directly to purchasing power equivalent to the national standard. This means the salary offers a comparable lifestyle to what one might find in other average-cost-of-living areas across the U.S.
Job Market Context
680
Total Jobs
1.314
Per 1K Jobs
0.92
Location Quotient
Birmingham, AL has 0.92x 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.
The Location Quotient of 0.92 for Cost Estimators in Birmingham, AL, suggests that the concentration of these professionals is nearly on par with the national average. This indicates a balanced job market where demand and supply are relatively stable, without significant oversupply or undersupply of talent, making it a competitive yet accessible market for skilled individuals.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Tuscaloosa, AL Cost Estimators Salary | $76,200↓ 1% | 47 mi |
| Northeast Alabama nonmetropolitan area Cost Estimators Salary | $66,890↓ 13% | 50 mi |
| Southeast Alabama nonmetropolitan area Cost Estimators Salary | $69,090↓ 10% | 50 mi |
| Northwest Alabama nonmetropolitan area Cost Estimators Salary | $65,690↓ 15% | 50 mi |
| Southwest Alabama nonmetropolitan area Cost Estimators Salary | $70,660↓ 8% | 50 mi |
Comparing salaries near Birmingham, AL
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Birmingham, AL?
The median annual salary for a Cost Estimators in Birmingham, AL is $76,980. This typically ranges from $43,470 for entry-level positions to $127,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Birmingham, AL is 7.4% lower than the national median of $83,140.
Is Birmingham, AL a lucrative place for Cost Estimators?
Yes, it offers competitive compensation relative to its cost of living.Cost Estimators in Birmingham, AL, earn $76,980 annually, which aligns perfectly with the national average cost of living. This makes the salary quite competitive for the local economic environment.
Is Birmingham, AL a good place to live for Cost Estimators?
The Cost of Living Index in Birmingham, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Birmingham, AL?
Some top paying nearby cities include Tuscaloosa, AL ($76,200) and Northeast Alabama nonmetropolitan area.
How does Birmingham's Cost Estimator salary compare to the national average?
The average annual salary for Cost Estimators in Birmingham, AL, is $76,980, which is slightly lower than the national average of $83,140.
What is the concentration of Cost Estimators in Birmingham, AL?
Birmingham, AL has a Location Quotient of 0.92 for Cost Estimators, indicating a job market concentration very close to the national average.
How does the cost of living in Birmingham, AL affect salary perception?
With a Cost of Living Index of 100, Birmingham, AL, is at the national average. This means the $76,980 salary offers purchasing power equivalent to the national average.
What is the total workforce size for Cost Estimators in Birmingham, AL?
There are approximately 680 Cost Estimators working in the Birmingham, AL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Birmingham, AL area with a job density of 1.314 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 Birmingham, AL