Average Cost Estimators Salary in East South Dakota nonmetropolitan area
Cost Estimators in the East South Dakota nonmetropolitan area earn an average annual salary of $74,670. This figure is notably below the national average of $83,140, reflecting the unique economic landscape and potentially lower demand for specialized roles in this region. The specific economic drivers and industry concentrations within this nonmetropolitan area contribute to this localized compensation.
Executive Summary
- Average Salary: $74,670 per year.
- Growth Trend: Salaries have shifted 30.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,020.
- Outlook: The job market for Cost Estimators in the East South Dakota nonmetropolitan area appears stable, with a total local workforce of 210 professionals. The Location Quotient of 1.1 suggests a slightly higher concentration of these roles compared to the national average, indicating a modest but present demand within the region's specific industries. While not a major hub, the consistent presence of these roles points to ongoing needs for cost estimation expertise.
Salary Overview
The average Cost Estimators in East South Dakota nonmetropolitan area earns-10.2%below the national average.
$35.9
$1,436
$6,223
Cost Estimators Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Cost Estimators nationwide have experienced a gradual upward trend over the past four years, driven by inflation and increasing complexity in project management. This general growth likely extends to East South Dakota, though regional economic factors may moderate the pace of salary increases compared to more dynamic metropolitan areas.
Cost Estimators Salary Distribution in East South Dakota nonmetropolitan area
Salary progression for Cost Estimators typically scales significantly 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 well into the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth potential and increased earning power as expertise and responsibility grow.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $54,360 | $26.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,003 | $26.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,970 | $36 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,338 | $44.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $98,020 | $47.1 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$74,670
Gross Pay
Real Wage (Purchasing Power)
$74,670
Adjusted for COL (100)
The average annual salary of $74,670 in the East South Dakota nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Cost Estimator's salary in this region is equivalent to that of someone earning the national average in a typical U.S. location. Consequently, the nominal salary offers a comparable standard of living without the premium often associated with higher cost-of-living areas.
Job Market Context
210
Total Jobs
1.567
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, East South Dakota nonmetropolitan area has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
With a Location Quotient of 1.1, the East South Dakota nonmetropolitan area exhibits a slightly higher concentration of Cost Estimators than the national average. This suggests that while the absolute number of jobs might be smaller than in major metropolitan centers, the profession is relatively more established or in slightly higher demand within this specific regional economy. It indicates a healthy, albeit niche, market for these professionals.
Nearby Job Markets
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in East South Dakota nonmetropolitan area?
The median annual salary for a Cost Estimators in East South Dakota nonmetropolitan area is $74,670. This typically ranges from $54,360 for entry-level positions to $98,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in East South Dakota nonmetropolitan area is 10.2% lower than the national median of $83,140.
Is East South Dakota nonmetropolitan area a lucrative place for Cost Estimatorss?
No, but it offers comparable purchasing power.The average salary of $74,670 is below the national average, indicating it's not exceptionally lucrative in nominal terms. However, with a Cost of Living Index of 100, the salary provides purchasing power equivalent to the national average.
Is East South Dakota nonmetropolitan area a good place to live for Cost Estimators?
The Cost of Living Index in East South Dakota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
How does the Cost Estimator salary in East South Dakota compare to the national average?
The average annual salary for Cost Estimators in East South Dakota is $74,670, which is lower than the national average of $83,140.
What is the Cost of Living like in East South Dakota for Cost Estimators?
The Cost of Living Index in the East South Dakota nonmetropolitan area is 100, which is exactly the national average, meaning expenses are comparable to the typical U.S. location.
Is there high demand for Cost Estimators in this region?
The Location Quotient of 1.1 suggests a slightly higher concentration of Cost Estimators than the national average, indicating a stable, though not exceptionally high, demand within the region.
How many Cost Estimators work in the East South Dakota nonmetropolitan area?
There are approximately 210 Cost Estimators employed in the East South Dakota nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the East South Dakota nonmetropolitan area area with a job density of 1.567 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Cost Estimators Salaries by State
Top Jobs in East South Dakota nonmetropolitan area
- All Occupations Salary in East South Dakota nonmetropolitan area
- Production Occupations Salary in East South Dakota nonmetropolitan area
- Office and Administrative Support Occupations Salary in East South Dakota nonmetropolitan area
- Sales and Related Occupations Salary in East South Dakota nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in East South Dakota nonmetropolitan area
- Transportation and Material Moving Occupations Salary in East South Dakota nonmetropolitan area
- Educational Instruction and Library Occupations Salary in East South Dakota nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in East South Dakota nonmetropolitan area
- Construction and Extraction Occupations Salary in East South Dakota nonmetropolitan area
- Business and Financial Operations Occupations Salary in East South Dakota nonmetropolitan area
- Browse All Jobs in East South Dakota nonmetropolitan area →
Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in East South Dakota nonmetropolitan area