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Average Cost Estimators Salary in Kennewick-Richland, WA

Cost Estimators in Kennewick-Richland, WA, command an impressive average annual salary of $93,400, significantly exceeding the national average of $83,140. This elevated compensation is largely driven by the specialized demand and concentration of cost estimation roles within the region, reflecting a localized premium for these critical skills.

Executive Summary

  • Average Salary: $93,400 per year.
  • Growth Trend: Salaries have shifted 24.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $157,820.
  • Outlook: The Kennewick-Richland, WA, job market for Cost Estimators appears robust, supported by a local workforce of 300 professionals. The Location Quotient of 1.63 indicates a higher concentration of these roles compared to the national average, suggesting a sustained demand that outpaces general industry trends and points to a stable job outlook.
2024 Market Data

Salary Overview

$93,400

The average Cost Estimators in Kennewick-Richland, WA earns+12.3%above the national average.

BreakdownBased on 40h/week
Hourly

$44.9

Weekly

$1,796

Monthly

$7,783

Cost Estimators Salary Distribution in Kennewick-Richland, WA

Career progression for Cost Estimators in Kennewick-Richland, WA, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and advanced analytical skills can command salaries in the upper percentiles, reflecting the value of their expertise and decision-making capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,790$24.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$70,050$33.7
ManagerOversees team, compliance, and project delivery.50% (Median)$80,360$38.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$116,750$56.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$157,820$75.9

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$93,400

Gross Pay

Real Wage (Purchasing Power)

$93,400

Adjusted for COL (100)

The average annual salary of $93,400 in Kennewick-Richland, WA, 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 this area is equivalent to the national standard, offering a stable financial foundation without the immediate pressure of higher or lower living expenses.

Job Market Context

300

Total Jobs

2.318

Per 1K Jobs

1.63

Location Quotient

Major Hub

Kennewick-Richland, WA has 1.6x the national concentration of Cost Estimators jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.63, Kennewick-Richland, WA, demonstrates a notably higher concentration of Cost Estimators than the national average. This suggests a specialized and potentially competitive market where employers actively seek professionals with these skills, indicating a favorable environment for those in the field seeking opportunities.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Walla Walla, WA Cost Estimators Salary$77,560↓ 17%41 mi
Yakima, WA Cost Estimators Salary$83,240↓ 11%71 mi

Comparing salaries near Kennewick-Richland, WA

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Kennewick-Richland, WA?

The median annual salary for a Cost Estimators in Kennewick-Richland, WA is $93,400. This typically ranges from $51,790 for entry-level positions to $157,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kennewick-Richland, WA is 12.3% higher than the national median of $83,140.

Is Kennewick-Richland, WA a lucrative place for Cost Estimators?

Yes, Kennewick-Richland, WA, offers a lucrative environment for Cost Estimators.The average salary of $93,400 is significantly higher than the national average, and the strong Location Quotient of 1.63 indicates a concentrated demand for these professionals in the area.

Is Kennewick-Richland, WA a good place to live for Cost Estimators?

The Cost of Living Index in Kennewick-Richland, WA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Kennewick-Richland, WA?

Some top paying nearby cities include Walla Walla, WA ($77,560) and Yakima, WA.

How does the local salary compare to the national average?

The average annual salary for Cost Estimators in Kennewick-Richland, WA, is $93,400, which is approximately $10,260 higher than the national average of $83,140.

What is the significance of the Location Quotient (LQ)?

An LQ of 1.63 means that Cost Estimators are 63% more concentrated in Kennewick-Richland, WA, than the national average, indicating a higher demand and potentially more job opportunities relative to the general workforce.

How does the Cost of Living affect the salary?

The Cost of Living Index in Kennewick-Richland, WA, is 100, matching the national average. This means the $93,400 salary offers purchasing power equivalent to the national standard.

What is the total number of Cost Estimators in the area?

There are approximately 300 Cost Estimators working in the Kennewick-Richland, WA, metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Kennewick-Richland, WA area with a job density of 2.318 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Kennewick-Richland, WA

Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Kennewick-Richland, WA