Average Cost Estimators Salary in Killeen-Temple, TX
Cost Estimators in Killeen-Temple, TX, earn an average annual salary of $72,480. This figure is notably below the national average of $83,140, suggesting local economic factors and demand dynamics are influencing compensation. While the cost of living in Killeen-Temple is on par with the national average, the salary differential warrants closer examination of the local job market.
Executive Summary
- Average Salary: $72,480 per year.
- Growth Trend: Salaries have shifted 20.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $108,420.
- Outlook: The Killeen-Temple area supports a modest workforce of 210 Cost Estimators. With a Location Quotient of 1.01, the concentration of these professionals is almost identical to the national average, indicating a stable, albeit not rapidly expanding, demand for their specialized skills within the region.
Salary Overview
The average Cost Estimators in Killeen-Temple, TX earns-12.8%below the national average.
$34.9
$1,394
$6,040
Cost Estimators Salary Trends (2020-2024)
While specific historical data for Killeen-Temple is not provided, it is reasonable to assume that Cost Estimator salaries in the region have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing complexity in construction and project management, and a steady demand for accurate cost analysis across various industries.
Cost Estimators Salary Distribution in Killeen-Temple, TX
Salary progression for Cost Estimators is significantly influenced by experience. Entry-level professionals typically start at the lower end of the pay scale, while seasoned experts with extensive project portfolios and specialized knowledge can command salaries well above the average. The percentile gaps in salary distribution highlight the substantial earning potential associated with career advancement and the acquisition of advanced skills.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,200 | $20.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,360 | $26.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,170 | $31.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,600 | $43.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $108,420 | $52.1 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$72,480
Gross Pay
Real Wage (Purchasing Power)
$72,480
Adjusted for COL (100)
The nominal average salary of $72,480 in Killeen-Temple, TX, holds its value effectively due to a Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a Cost Estimator's salary in this region is comparable to what they would experience in a typical U.S. city, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
210
Total Jobs
1.436
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Killeen-Temple, TX has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
With a Location Quotient of 1.01, the Killeen-Temple job market for Cost Estimators is neither significantly concentrated nor scarce compared to the national landscape. This suggests a balanced environment where employers can find qualified candidates, and professionals have a reasonable number of opportunities without facing extreme competition or an oversupply of labor.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Cost Estimators Salary | $72,390↓ 0% | 10 mi |
| Northwestern Region of Texas nonmetropolitan area Cost Estimators Salary | $72,240↓ 0% | 10 mi |
| Hill Country Region of Texas nonmetropolitan area Cost Estimators Salary | $74,400↑ 3% | 10 mi |
| Coastal Plains Region of Texas nonmetropolitan area Cost Estimators Salary | $79,140↑ 9% | 10 mi |
| Eastern Region of Texas nonmetropolitan area Cost Estimators Salary | $71,480↓ 1% | 10 mi |
Comparing salaries near Killeen-Temple, TX
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Killeen-Temple, TX?
The median annual salary for a Cost Estimators in Killeen-Temple, TX is $72,480. This typically ranges from $43,200 for entry-level positions to $108,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Killeen-Temple, TX is 12.8% lower than the national median of $83,140.
Is Killeen-Temple, TX a lucrative place for Cost Estimators?
No, not significantly more lucrative than the national average.While the cost of living is average, the average salary for Cost Estimators is below the national benchmark. This indicates that while your money may go as far, your overall earnings potential is somewhat diminished compared to national averages.
Is Killeen-Temple, TX a good place to live for Cost Estimators?
The Cost of Living Index in Killeen-Temple, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Killeen-Temple, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($72,390) and Northwestern Region of Texas nonmetropolitan area.
How does the Cost Estimator salary in Killeen-Temple compare to the national average?
The average annual salary for Cost Estimators in Killeen-Temple, TX is $72,480, which is lower than the national average of $83,140.
What is the concentration of Cost Estimators in Killeen-Temple, TX?
The concentration, measured by the Location Quotient, is 1.01, indicating that the number of Cost Estimators in Killeen-Temple is very close to the national average proportion.
Does the cost of living affect the salary for Cost Estimators in Killeen-Temple?
The cost of living in Killeen-Temple is 100, which is the national average. This means the $72,480 salary has purchasing power equivalent to the national average, despite being lower in nominal terms.
How many Cost Estimators are there in Killeen-Temple, TX?
There are approximately 210 Cost Estimators employed in the Killeen-Temple, TX 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 Killeen-Temple, TX area with a job density of 1.436 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 Killeen-Temple, TX