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Average Cost Estimators Salary in Delaware

Cost Estimators in Delaware earn an average annual salary of $75,120, which is notably lower than the national average of $83,140. This differential is often influenced by a combination of local economic factors, industry demand within the state, and the specific cost of doing business for employers in Delaware.

Executive Summary

  • Average Salary: $75,120 per year.
  • Growth Trend: Salaries have shifted 7.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $105,100.
  • Outlook: With a local workforce of 1,000 Cost Estimators and a Location Quotient of 1.47, Delaware demonstrates a concentration of these professionals above the national average. This suggests a robust demand and a specialized market for cost estimation services within the state, indicating a healthy job market for skilled individuals in this field.
2024 Market Data

Salary Overview

$75,120

The average Cost Estimators in Delaware earns-9.6%below the national average.

BreakdownBased on 40h/week
Hourly

$36.1

Weekly

$1,445

Monthly

$6,260

Cost Estimators Salary Distribution in Delaware

The salary trajectory for Cost Estimators typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive project portfolios and specialized knowledge can command salaries well above the average. The percentile gaps in earnings clearly signify the career progression and increased earning potential as one advances in expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$47,260$22.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$56,340$27.1
ManagerOversees team, compliance, and project delivery.50% (Median)$75,390$36.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$93,900$45.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$105,100$50.5

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$75,120

Gross Pay

Real Wage (Purchasing Power)

$74,524

Adjusted for COL (100.8)

A nominal salary of $75,120 in Delaware aligns closely with the state's Cost of Living Index of 100.8, which is only slightly above the national average. This indicates that the purchasing power of a Cost Estimator's salary in Delaware is relatively stable compared to the rest of the country, suggesting that the lower average salary is somewhat offset by a comparable cost of living.

Job Market Context

1,000

Total Jobs

2.094

Per 1K Jobs

1.47

Location Quotient

Above Average

With a location quotient of 1.47, Delaware has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

The Location Quotient of 1.47 for Cost Estimators in Delaware signifies a market that is 47% more concentrated than the national average. This suggests a higher prevalence and potentially greater demand for these roles within the state, making the job market competitive but also indicating ample opportunities for those with the requisite skills.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Dover, DE Cost Estimators Salary$71,120↓ 5%11 mi
Vineland, NJ Cost Estimators Salary$86,700↑ 15%29 mi
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Cost Estimators Salary$84,310↑ 12%47 mi
Atlantic City-Hammonton, NJ Cost Estimators Salary$78,110↑ 4%56 mi
Baltimore-Columbia-Towson, MD Cost Estimators Salary$86,970↑ 16%59 mi

Comparing salaries near Delaware

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Frequently Asked Questions

How much does a Cost Estimators make in Delaware?

The median annual salary for a Cost Estimators in Delaware is $75,120. This typically ranges from $47,260 for entry-level positions to $105,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Delaware is 9.6% lower than the national median of $83,140.

Is Delaware a lucrative place for Cost Estimators?

Yes, with caveats.While the average salary is below the national benchmark, the strong concentration of roles (LQ 1.47) and a cost of living near the national average suggest good earning potential and job security.

Is Delaware a good place to live for Cost Estimators?

The Cost of Living Index in Delaware is 100.8. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Delaware?

Some top paying nearby cities include Dover, DE ($71,120) and Vineland, NJ.

How does Delaware's Cost Estimator salary compare to the national average?

Cost Estimators in Delaware earn an average of $75,120 annually, which is approximately $8,000 less than the national average of $83,140.

What is the concentration of Cost Estimators in Delaware?

Delaware has a Location Quotient of 1.47 for Cost Estimators, meaning the profession is 47% more concentrated in Delaware than the national average, indicating higher demand relative to the national workforce.

How does the cost of living in Delaware affect a Cost Estimator's salary?

With a Cost of Living Index of 100.8, Delaware is only slightly more expensive than the national average. This means the $75,120 salary offers purchasing power very close to the national average.

What is the total number of Cost Estimators in Delaware?

There are approximately 1,000 Cost Estimators employed within the state of Delaware.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,000 employees in the Delaware area with a job density of 2.094 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Delaware