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Average Cost Estimators Salary in Hill Country Region of Texas nonmetropolitan area

Cost Estimators in the Hill Country Region of Texas nonmetropolitan area earn an average annual salary of $74,400. This figure is slightly below the national average of $83,140. Localized demand, the specific industry mix within the region, and the overall economic landscape of this nonmetropolitan area contribute to this pay differential.

Executive Summary

  • Average Salary: $74,400 per year.
  • Growth Trend: Salaries have shifted 16.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $112,980.
  • Outlook: The job market for Cost Estimators in the Hill Country Region shows a stable presence, with a total local workforce of 290 individuals. The Location Quotient of 1.02 indicates that the concentration of these roles in the region is very close to the national average, suggesting a consistent, albeit not rapidly expanding, demand for their expertise within the local economy.
2024 Market Data

Salary Overview

$74,400

The average Cost Estimators in Hill Country Region of Texas nonmetropolitan area earns-10.5%below the national average.

BreakdownBased on 40h/week
Hourly

$35.8

Weekly

$1,431

Monthly

$6,200

Cost Estimators Salary Distribution in Hill Country Region of Texas nonmetropolitan area

Career progression for Cost Estimators typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile of the salary range, while seasoned professionals with extensive project experience and specialized knowledge can command salaries well into the higher percentiles. These percentile gaps are a clear indicator of the value placed on accumulated expertise and demonstrated success in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,150$20.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,800$26.8
ManagerOversees team, compliance, and project delivery.50% (Median)$71,210$34.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$93,000$44.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$112,980$54.3

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$74,400

Gross Pay

Real Wage (Purchasing Power)

$74,400

Adjusted for COL (100)

The average annual salary of $74,400 in the Hill Country Region 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 a Cost Estimator earning the national average in a typical U.S. location, offering a stable financial footing for residents.

Job Market Context

290

Total Jobs

1.456

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Hill Country Region of Texas nonmetropolitan area has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

With a Location Quotient of 1.02, the Hill Country Region of Texas exhibits a job market for Cost Estimators that is remarkably aligned with the national average in terms of concentration. This suggests a balanced supply and demand dynamic; the market is neither oversaturated nor experiencing a significant shortage, indicating a steady and predictable employment landscape for professionals in this role.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near Hill Country Region of Texas nonmetropolitan area

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Hill Country Region of Texas nonmetropolitan area?

The median annual salary for a Cost Estimators in Hill Country Region of Texas nonmetropolitan area is $74,400. This typically ranges from $43,150 for entry-level positions to $112,980 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hill Country Region of Texas nonmetropolitan area is 10.5% lower than the national median of $83,140.

Is Hill Country Region of Texas nonmetropolitan area a lucrative place for Cost Estimators?

No, not exceptionally lucrative compared to the national average.While the average salary of $74,400 is respectable, it falls below the national average of $83,140. However, the Cost of Living Index being at the national average of 100 means the salary's purchasing power is equivalent nationally.

Is Hill Country Region of Texas nonmetropolitan area a good place to live for Cost Estimators?

The Cost of Living Index in Hill Country Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Hill Country Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($72,480) and Waco, TX.

How does the local workforce size affect Cost Estimator jobs in Hill Country?

A local workforce of 290 Cost Estimators indicates a moderate-sized professional community. This size, combined with a Location Quotient near the national average, suggests consistent but not explosive job growth opportunities.

What is the significance of the Jobs per 1,000 Workers metric?

The 1.456 jobs per 1,000 workers metric shows the prevalence of Cost Estimator roles relative to the general working population in the Hill Country. This figure helps contextualize the demand for the profession within the region's broader labor market.

How does experience impact a Cost Estimator's salary in this region?

As with most professions, experience significantly influences salary. Senior Cost Estimators with a proven track record and specialized skills will command higher salaries than entry-level professionals in the Hill Country Region.

Is the Hill Country Region a good place for a Cost Estimator to relocate?

Relocation depends on individual priorities. The salary is on par with national purchasing power due to the Cost of Living, and the job market is stable, but salaries are not higher than the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Hill Country Region of Texas nonmetropolitan area area with a job density of 1.456 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.