Average Cost Estimators Salary in Canton-Massillon, OH
Cost Estimators in Canton-Massillon, OH, command an impressive average annual salary of $90,040, significantly outpacing the national average of $83,140. This elevated compensation is likely driven by a specialized demand within the region's industrial and construction sectors, where accurate cost estimation is paramount for project success. The local market dynamics create a favorable environment for these professionals.
Executive Summary
- Average Salary: $90,040 per year.
- Growth Trend: Salaries have shifted 33.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $121,480.
- Outlook: The Canton-Massillon, OH, job market for Cost Estimators appears robust, supported by a local workforce of 330 professionals. With a Location Quotient of 1.39, the concentration of these roles in the area is 39% higher than the national average, indicating a strong and sustained demand that outstrips the general national distribution.
Salary Overview
The average Cost Estimators in Canton-Massillon, OH earns+8.3%above the national average.
$43.3
$1,732
$7,503
Cost Estimators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Cost Estimator salaries in Canton-Massillon, OH, have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increased project complexity, and the growing need for meticulous financial planning in construction and manufacturing likely contribute to upward salary pressure.
Cost Estimators Salary Distribution in Canton-Massillon, OH
The career trajectory for Cost Estimators in Canton-Massillon, OH, typically involves significant salary progression with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and specialized knowledge can command salaries in the upper percentiles, reflecting their increased value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,020 | $23.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $67,530 | $32.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,890 | $35 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $112,550 | $54.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $121,480 | $58.4 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$90,040
Gross Pay
Real Wage (Purchasing Power)
$90,040
Adjusted for COL (100)
For professionals considering a move to Canton-Massillon, OH, the nominal salary of $90,040 presents a compelling financial picture. With a Cost of Living Index of 100, matching the national average, the purchasing power of this salary is equivalent to the national standard, meaning your earnings will go as far locally as they would on average across the country.
Job Market Context
330
Total Jobs
1.983
Per 1K Jobs
1.39
Location Quotient
With a location quotient of 1.39, Canton-Massillon, OH has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
The Location Quotient of 1.39 for Cost Estimators in Canton-Massillon, OH, signifies a market where these professionals are more concentrated than the national average. This suggests a higher demand relative to the general workforce, potentially leading to more job opportunities and competitive compensation packages for skilled individuals in this specific field.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Akron, OH Cost Estimators Salary | $76,920↓ 15% | 20 mi |
| Youngstown-Warren, OH Cost Estimators Salary | $72,350↓ 20% | 43 mi |
| Cleveland, OH Cost Estimators Salary | $82,820↓ 8% | 49 mi |
| Weirton-Steubenville, WV-OH Cost Estimators Salary | $76,260↓ 15% | 50 mi |
| Mansfield, OH Cost Estimators Salary | $67,990↓ 24% | 61 mi |
Comparing salaries near Canton-Massillon, OH
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Canton-Massillon, OH?
The median annual salary for a Cost Estimators in Canton-Massillon, OH is $90,040. This typically ranges from $49,020 for entry-level positions to $121,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Canton-Massillon, OH is 8.3% higher than the national median of $83,140.
Is Canton-Massillon, OH a lucrative place for Cost Estimators?
Yes, it is a lucrative place for Cost Estimators.Cost Estimators in Canton-Massillon, OH earn an average of $90,040, which is higher than the national average. Furthermore, the cost of living is exactly at the national average, meaning your higher salary offers greater purchasing power locally.
Is Canton-Massillon, OH a good place to live for Cost Estimators?
The Cost of Living Index in Canton-Massillon, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Canton-Massillon, OH?
Some top paying nearby cities include Akron, OH ($76,920) and Youngstown-Warren, OH.
How does the Canton-Massillon, OH salary compare to the national average?
The average annual salary for Cost Estimators in Canton-Massillon, OH, is $90,040, which is notably higher than the national average of $83,140.
What is the concentration of Cost Estimators in Canton-Massillon, OH?
The concentration of Cost Estimators in Canton-Massillon, OH, is 1.39, meaning there are 39% more Cost Estimators per worker in this area compared to the national average.
How does the cost of living in Canton-Massillon, OH affect salary value?
The cost of living in Canton-Massillon, OH, is 100, which is the national average. This means the higher average salary of $90,040 offers a strong purchasing power equivalent to the national standard.
What does the number of jobs per 1,000 workers indicate for Cost Estimators in Canton-Massillon, OH?
With 1.983 jobs per 1,000 workers, Canton-Massillon, OH, shows a healthy presence of Cost Estimator roles, reinforcing the idea of consistent demand within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Canton-Massillon, OH area with a job density of 1.983 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 Canton-Massillon, OH