Average Cost Estimators Salary in Fort Collins-Loveland, CO
Cost Estimators in the Fort Collins-Loveland, Colorado area earn an average annual salary of $82,470. This figure is slightly below the national average of $83,140, suggesting a balanced compensation landscape. Local economic factors and industry demand within the region likely influence this pay rate, creating a competitive environment for these crucial roles.
Executive Summary
- Average Salary: $82,470 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,240.
- Outlook: The Fort Collins-Loveland area supports a local workforce of 320 Cost Estimators. With a Location Quotient of 1.29, this indicates a concentration of these professionals that is 29% higher than the national average. This elevated quotient suggests a robust demand and a potentially stable job market for Cost Estimators in this region, implying that the local economy values and actively seeks out this expertise.
Salary Overview
The average Cost Estimators in Fort Collins-Loveland, CO earns-0.8%below the national average.
$39.7
$1,586
$6,873
Cost Estimators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Cost Estimators in Fort Collins-Loveland have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for construction and development projects, and the evolving complexity of cost estimation methodologies likely contribute to upward pressure on compensation.
Cost Estimators Salary Distribution in Fort Collins-Loveland, CO
Salary progression for Cost Estimators typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and specialized knowledge can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies substantial career growth opportunities and the increasing value placed on expertise and proven track records.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,160 | $23.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,853 | $29.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,170 | $38.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $103,088 | $49.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,240 | $59.7 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$82,470
Gross Pay
Real Wage (Purchasing Power)
$82,470
Adjusted for COL (100)
The average annual salary of $82,470 in Fort Collins-Loveland aligns perfectly with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, making relocation financially neutral from a cost-of-living perspective. Residents can expect their earnings to cover typical expenses without significant strain or advantage compared to the rest of the country.
Job Market Context
320
Total Jobs
1.837
Per 1K Jobs
1.29
Location Quotient
With a location quotient of 1.29, Fort Collins-Loveland, CO has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
A Location Quotient of 1.29 for Cost Estimators in Fort Collins-Loveland signifies a higher concentration of these professionals compared to the national average. This suggests that the job market here is more specialized and potentially more competitive, with employers actively seeking individuals with cost estimation skills. While this indicates demand, it also means that the talent pool is relatively deeper, requiring candidates to demonstrate strong qualifications.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Greeley, CO Cost Estimators Salary | $82,800↑ 0% | 18 mi |
| Boulder, CO Cost Estimators Salary | $88,950↑ 8% | 37 mi |
| Cheyenne, WY Cost Estimators Salary | $75,840↓ 8% | 43 mi |
| Denver-Aurora-Centennial, CO Cost Estimators Salary | $89,550↑ 9% | 55 mi |
Comparing salaries near Fort Collins-Loveland, CO
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Frequently Asked Questions
How much does a Cost Estimators make in Fort Collins-Loveland, CO?
The median annual salary for a Cost Estimators in Fort Collins-Loveland, CO is $82,470. This typically ranges from $49,160 for entry-level positions to $124,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Collins-Loveland, CO is 0.8% lower than the national median of $83,140.
Is Fort Collins-Loveland, CO a lucrative place for Cost Estimators?
Yes, with a strong concentration of roles.While the average salary is slightly below the national average, the higher concentration of Cost Estimators (LQ of 1.29) indicates strong local demand and a specialized market.
Is Fort Collins-Loveland, CO a good place to live for Cost Estimators?
The Cost of Living Index in Fort Collins-Loveland, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Collins-Loveland, CO?
Some top paying nearby cities include Greeley, CO ($82,800) and Boulder, CO.
How does the Cost of Living in Fort Collins-Loveland compare to the national average?
The Cost of Living Index in Fort Collins-Loveland is 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the United States.
What is the total number of Cost Estimators in the Fort Collins-Loveland area?
The total local workforce for Cost Estimators in Fort Collins-Loveland is approximately 320 individuals.
How does the number of Cost Estimators per 1,000 workers indicate job availability?
With 1.837 jobs per 1,000 workers, this metric suggests a moderate level of job availability for Cost Estimators within the Fort Collins-Loveland labor market.
What does a Location Quotient of 1.29 mean for Cost Estimators in Fort Collins-Loveland?
A Location Quotient of 1.29 signifies that Cost Estimators are more concentrated in Fort Collins-Loveland than the national average, indicating a specialized regional demand for this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Fort Collins-Loveland, CO area with a job density of 1.837 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 Fort Collins-Loveland, CO