Average Cost Estimators Salary in Jacksonville, FL
Cost Estimators in Jacksonville, FL, earn an average annual salary of $72,880. This figure is notably below the national average of $83,140, suggesting that local market dynamics, such as industry demand and the specific types of projects prevalent in the region, play a significant role in compensation levels. While the nominal salary is lower, understanding the local economic landscape is crucial for a complete picture.
Executive Summary
- Average Salary: $72,880 per year.
- Growth Trend: Salaries have shifted 18.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $108,020.
- Outlook: With a local workforce of 1,410 Cost Estimators, Jacksonville presents a moderately concentrated market, indicated by a Location Quotient of 1.31. This suggests a slightly higher prevalence of these roles compared to the national average. The presence of 1.867 jobs per 1,000 workers points to a steady, albeit not explosive, demand for skilled cost estimation professionals within the Jacksonville area.
Salary Overview
The average Cost Estimators in Jacksonville, FL earns-12.3%below the national average.
$35
$1,402
$6,073
Cost Estimators Salary Trends (2020-2024)
While specific historical data for Jacksonville's Cost Estimator salaries over the past four years is not provided, it is reasonable to assume a general upward trend in line with national economic growth and inflation. Salary increases are typically driven by factors such as evolving industry standards, increased demand for complex project analysis, and the need for specialized software proficiency, all of which likely contribute to salary appreciation over time.
Cost Estimators Salary Distribution in Jacksonville, FL
The salary trajectory for Cost Estimators in Jacksonville, much like elsewhere, is significantly influenced by experience. Entry-level positions typically start at a lower percentile, perhaps around $60,000, while seasoned professionals with extensive project portfolios and specialized expertise can command salaries well into the $90,000s or higher, representing the top percentile. These percentile gaps clearly signify career progression and the increasing value placed on accumulated knowledge and proven track records.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,600 | $20 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,660 | $26.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $71,920 | $34.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,100 | $43.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $108,020 | $51.9 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$72,880
Gross Pay
Real Wage (Purchasing Power)
$72,880
Adjusted for COL (100)
The average annual salary of $72,880 for Cost Estimators in Jacksonville, FL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Cost Estimator's salary in Jacksonville is equivalent to the national average, indicating that while the nominal salary is lower than the national average, the cost of essential goods and services does not necessitate a higher income to maintain a comparable standard of living.
Job Market Context
1,410
Total Jobs
1.867
Per 1K Jobs
1.31
Location Quotient
With a location quotient of 1.31, Jacksonville, FL has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
Jacksonville's Location Quotient of 1.31 for Cost Estimators signifies a market that is 31% more concentrated than the national average. This suggests a robust demand and a slightly more competitive environment for these professionals compared to other regions. While not an overwhelmingly saturated market, the higher concentration indicates that employers in Jacksonville actively seek out and value the skills of Cost Estimators, potentially leading to more specialized roles and opportunities.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Gainesville, FL Cost Estimators Salary | $71,710↓ 2% | 60 mi |
| Ocala, FL Cost Estimators Salary | $69,330↓ 5% | 85 mi |
Comparing salaries near Jacksonville, FL
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Jacksonville, FL?
The median annual salary for a Cost Estimators in Jacksonville, FL is $72,880. This typically ranges from $41,600 for entry-level positions to $108,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jacksonville, FL is 12.3% lower than the national median of $83,140.
Is Jacksonville, FL a lucrative place for Cost Estimators?
Yes, but with caveats.Jacksonville offers a Cost of Living that perfectly matches the national average, meaning your $72,880 salary has equivalent purchasing power. However, the average salary is below the national average, indicating that while livable, it may not be as financially advantageous as other higher-paying regions.
Is Jacksonville, FL a good place to live for Cost Estimators?
The Cost of Living Index in Jacksonville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jacksonville, FL?
Some top paying nearby cities include Gainesville, FL ($71,710) and Ocala, FL.
What is the average salary for a Cost Estimator in Jacksonville, FL?
The average annual salary for a Cost Estimator in Jacksonville, FL is $72,880.
How does Jacksonville's Cost of Living compare to the national average?
Jacksonville's Cost of Living Index is 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the country.
Is the job market for Cost Estimators strong in Jacksonville?
Yes, the market shows a healthy concentration with a Location Quotient of 1.31, indicating a slightly higher demand for Cost Estimators in Jacksonville compared to the national average.
How does experience affect a Cost Estimator's salary in Jacksonville?
Experience significantly impacts salary, with entry-level positions earning less and senior estimators with specialized skills commanding higher salaries, reflecting a clear career progression path.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,410 employees in the Jacksonville, FL area with a job density of 1.867 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 Jacksonville, FL
- All Occupations Salary in Jacksonville, FL
- Office and Administrative Support Occupations Salary in Jacksonville, FL
- Transportation and Material Moving Occupations Salary in Jacksonville, FL
- Sales and Related Occupations Salary in Jacksonville, FL
- Food Preparation and Serving Related Occupations Salary in Jacksonville, FL
- Business and Financial Operations Occupations Salary in Jacksonville, FL
- Healthcare Practitioners and Technical Occupations Salary in Jacksonville, FL
- Management Occupations Salary in Jacksonville, FL
- Construction and Extraction Occupations Salary in Jacksonville, FL
- Educational Instruction and Library Occupations Salary in Jacksonville, FL
- Browse All Jobs in Jacksonville, FL →
Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Jacksonville, FL