Average Cost Estimators Salary in Kingsport-Bristol, TN-VA
Cost Estimators in the Kingsport-Bristol, TN-VA area earn an average annual salary of $75,340. This figure is notably below the national average of $83,140, suggesting that local market dynamics and industry-specific demand within 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: $75,340 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,190.
- Outlook: The Kingsport-Bristol, TN-VA area supports a local workforce of 220 Cost Estimators. With a Location Quotient of 1.33, indicating a concentration 33% higher than the national average, there is a clear regional emphasis on this profession. This suggests a robust demand and a potentially stable job market for skilled Cost Estimators within this specific metropolitan area.
Salary Overview
The average Cost Estimators in Kingsport-Bristol, TN-VA earns-9.4%below the national average.
$36.2
$1,449
$6,278
Cost Estimators Salary Trends (2020-2024)
While specific historical data for the last four years is not provided, it is generally assumed that salaries for Cost Estimators have seen a steady upward trend, mirroring broader economic growth and inflation. This growth is typically driven by increasing project complexity, evolving industry standards, and a persistent need for accurate cost forecasting across various sectors within the Kingsport-Bristol region.
Cost Estimators Salary Distribution in Kingsport-Bristol, TN-VA
Salary progression for Cost Estimators typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and specialized knowledge can command salaries in the upper percentiles. The gap between entry-level and senior roles signifies significant career advancement opportunities and increased earning potential as expertise is honed.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,900 | $22.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,505 | $27.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,250 | $39.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,175 | $45.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $98,190 | $47.2 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$75,340
Gross Pay
Real Wage (Purchasing Power)
$75,340
Adjusted for COL (100)
The average annual salary of $75,340 in Kingsport-Bristol, TN-VA aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial standing for Cost Estimators residing in the area without the typical pressure of higher living expenses found in more expensive regions.
Job Market Context
220
Total Jobs
1.893
Per 1K Jobs
1.33
Location Quotient
With a location quotient of 1.33, Kingsport-Bristol, TN-VA has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
A Location Quotient of 1.33 for Cost Estimators in Kingsport-Bristol, TN-VA signifies a job market that is more concentrated than the national average. This suggests that the demand for these professionals is relatively higher in this region compared to other areas, potentially leading to more specialized roles and a competitive environment for talent acquisition by local employers.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Johnson City, TN Cost Estimators Salary | $70,920↓ 6% | 16 mi |
| Morristown, TN Cost Estimators Salary | $69,420↓ 8% | 47 mi |
| Asheville, NC Cost Estimators Salary | $70,000↓ 7% | 66 mi |
| Hickory-Lenoir-Morganton, NC Cost Estimators Salary | $66,030↓ 12% | 87 mi |
| Knoxville, TN Cost Estimators Salary | $74,500↓ 1% | 87 mi |
Comparing salaries near Kingsport-Bristol, TN-VA
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Kingsport-Bristol, TN-VA?
The median annual salary for a Cost Estimators in Kingsport-Bristol, TN-VA is $75,340. This typically ranges from $45,900 for entry-level positions to $98,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kingsport-Bristol, TN-VA is 9.4% lower than the national median of $83,140.
Is Kingsport-Bristol, TN-VA a lucrative place for Cost Estimators?
Yes, with caveats.While the average salary is below the national average, the higher concentration of jobs (LQ 1.33) and a cost of living that matches the national average suggest a stable and accessible market for Cost Estimators.
Is Kingsport-Bristol, TN-VA a good place to live for Cost Estimators?
The Cost of Living Index in Kingsport-Bristol, TN-VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kingsport-Bristol, TN-VA?
Some top paying nearby cities include Johnson City, TN ($70,920) and Morristown, TN.
How does the Kingsport-Bristol Cost Estimator salary compare to the national average?
The average annual salary for Cost Estimators in Kingsport-Bristol, TN-VA is $75,340, which is lower than the national average of $83,140.
What is the job concentration for Cost Estimators in Kingsport-Bristol, TN-VA?
The job concentration, measured by the Location Quotient, is 1.33, indicating that Cost Estimators are 33% more prevalent in this area than the national average.
How does the cost of living in Kingsport-Bristol, TN-VA affect salary perception?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average, meaning the $75,340 salary has purchasing power equivalent to the national average.
What does the total local workforce size imply for Cost Estimators in Kingsport-Bristol, TN-VA?
A local workforce of 220 Cost Estimators suggests a significant, established presence of the profession within the region, supporting the higher-than-average location quotient.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Kingsport-Bristol, TN-VA area with a job density of 1.893 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 Kingsport-Bristol, TN-VA