Average Cost Estimators Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
Cost Estimators in the Kiryas Joel-Poughkeepsie-Newburgh, NY area earn an average annual salary of $79,860. This figure is slightly below the national average of $83,140, a common occurrence in regions with specific industry concentrations or economic drivers that influence compensation. The local economic landscape and demand for specialized roles contribute to this localized pay rate.
Executive Summary
- Average Salary: $79,860 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,160.
- Outlook: The job market for Cost Estimators in Kiryas Joel-Poughkeepsie-Newburgh, NY, appears stable with a total local workforce of 350 individuals. A Location Quotient of 0.92 suggests that the concentration of these roles is nearly on par with the national average, indicating a consistent, albeit not exceptionally high, demand for this profession within the region.
Salary Overview
The average Cost Estimators in Kiryas Joel-Poughkeepsie-Newburgh, NY earns-3.9%below the national average.
$38.4
$1,536
$6,655
Cost Estimators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Cost Estimators in Kiryas Joel-Poughkeepsie-Newburgh, NY, have experienced gradual growth over the past four years, mirroring national trends. Economic development and inflation typically drive an upward adjustment in compensation for skilled professionals, ensuring that salaries keep pace with the evolving cost of living and industry standards.
Cost Estimators Salary Distribution in Kiryas Joel-Poughkeepsie-Newburgh, NY
Salary progression for Cost Estimators is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the pay scale, while seasoned professionals with extensive project experience and specialized knowledge can significantly increase their earnings. The percentile gaps in salary distribution highlight clear career advancement opportunities, with senior estimators earning substantially more than their junior counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,380 | $25.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,895 | $28.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,060 | $33.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $99,825 | $48 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,160 | $61.6 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$79,860
Gross Pay
Real Wage (Purchasing Power)
$79,860
Adjusted for COL (100)
The average annual salary of $79,860 for Cost Estimators in Kiryas Joel-Poughkeepsie-Newburgh, NY, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, suggesting that the nominal income translates directly to a comparable standard of living without significant financial adjustments needed for relocation.
Job Market Context
350
Total Jobs
1.308
Per 1K Jobs
0.92
Location Quotient
Kiryas Joel-Poughkeepsie-Newburgh, NY has 0.92x the national average concentration of Cost Estimators jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.92, the Kiryas Joel-Poughkeepsie-Newburgh, NY, market for Cost Estimators is slightly less concentrated than the national average. This indicates a balanced job market where demand is present but not overwhelmingly high, suggesting a moderate level of competition for available positions and a steady need for qualified professionals.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Kingston, NY Cost Estimators Salary | $80,810↑ 1% | 42 mi |
| New York-Newark-Jersey City, NY-NJ Cost Estimators Salary | $99,570↑ 25% | 44 mi |
| Bridgeport-Stamford-Danbury, CT Cost Estimators Salary | $87,340↑ 9% | 51 mi |
| Waterbury-Shelton, CT Cost Estimators Salary | $85,780↑ 7% | 60 mi |
| New Haven, CT Cost Estimators Salary | $83,930↑ 5% | 64 mi |
Comparing salaries near Kiryas Joel-Poughkeepsie-Newburgh, NY
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Kiryas Joel-Poughkeepsie-Newburgh, NY?
The median annual salary for a Cost Estimators in Kiryas Joel-Poughkeepsie-Newburgh, NY is $79,860. This typically ranges from $52,380 for entry-level positions to $128,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kiryas Joel-Poughkeepsie-Newburgh, NY is 3.9% lower than the national median of $83,140.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a lucrative place for Cost Estimators?
No, it is not exceptionally lucrative, but it offers stable compensation.The average salary of $79,860 is slightly below the national average, but the cost of living is also at the national average, making the purchasing power comparable.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a good place to live for Cost Estimators?
The Cost of Living Index in Kiryas Joel-Poughkeepsie-Newburgh, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kiryas Joel-Poughkeepsie-Newburgh, NY?
Some top paying nearby cities include Kingston, NY ($80,810) and New York-Newark-Jersey City, NY-NJ.
How does the Cost Estimator salary compare to the national average?
The average salary of $79,860 in Kiryas Joel-Poughkeepsie-Newburgh, NY, is approximately 3.9% lower than the national average of $83,140.
What is the significance of the Location Quotient (LQ) for Cost Estimators in this area?
An LQ of 0.92 indicates that the concentration of Cost Estimator jobs in Kiryas Joel-Poughkeepsie-Newburgh, NY, is slightly below the national average, suggesting a stable but not overly saturated job market for this profession.
How does the Cost of Living Index affect the salary?
With a Cost of Living Index of 100, the local expenses are on par with the national average. Therefore, the $79,860 salary offers a purchasing power equivalent to the national average salary.
What is the total number of Cost Estimators in the Kiryas Joel-Poughkeepsie-Newburgh, NY area?
There are approximately 350 Cost Estimators employed within the Kiryas Joel-Poughkeepsie-Newburgh, NY region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Kiryas Joel-Poughkeepsie-Newburgh, NY area with a job density of 1.308 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 Kiryas Joel-Poughkeepsie-Newburgh, NY
- All Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Office and Administrative Support Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Transportation and Material Moving Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Educational Instruction and Library Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Sales and Related Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Food Preparation and Serving Related Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Healthcare Practitioners and Technical Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Healthcare Support Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Management Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Installation, Maintenance, and Repair Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Browse All Jobs in Kiryas Joel-Poughkeepsie-Newburgh, NY →
Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Kiryas Joel-Poughkeepsie-Newburgh, NY