Average Cost Estimators Salary in Lexington Park, MD
Yes, Lexington Park, MD is a highly lucrative market for Cost Estimatorss. With an average annual salary of $92,180, professionals here earn significantly more than the national norm. Notably, Lexington Park, MD is a key hub for this profession, with a job concentration 1.31x higher than average.
Executive Summary
- Average Salary: $92,180 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,630.
- Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Lexington Park, MD economy.
Salary Overview
The average Cost Estimators in Lexington Park, MD earns+10.9%above the national average.
$44.3
$1,773
$7,682
Cost Estimators Salary Trends (2020-2024)
Historical trend data for Cost Estimators in Lexington Park, MD is limited, but current market signals indicate a stable demand environment.
Cost Estimators Salary Distribution in Lexington Park, MD
The earning potential for Cost Estimatorss in Lexington Park, MD varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $51,290, while highly experienced professionals can command wages upwards of $131,630.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,290 | $24.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,135 | $33.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,960 | $39.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $115,225 | $55.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,630 | $63.3 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$92,180
Gross Pay
Real Wage (Purchasing Power)
$92,180
Adjusted for COL (100)
In Lexington Park, MD, the Cost of Living Index is 100. This increases your effective purchasing power from $92,180 to $92,180.
Job Market Context
130
Total Jobs
1.861
Per 1K Jobs
1.31
Location Quotient
With a location quotient of 1.31, Lexington Park, MD has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
130 people work as Cost Estimators in Lexington Park, MD.
1.861 out of every 1,000 local jobs are Cost Estimators positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Salisbury, MD Cost Estimators Salary | $74,750↓ 19% | 47 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Cost Estimators Salary | $91,840↓ 0% | 55 mi |
| Maryland nonmetropolitan area Cost Estimators Salary | $76,140↓ 17% | 59 mi |
| Baltimore-Columbia-Towson, MD Cost Estimators Salary | $86,970↓ 6% | 72 mi |
| Richmond, VA Cost Estimators Salary | $74,150↓ 20% | 75 mi |
Comparing salaries near Lexington Park, MD
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Lexington Park, MD?
The median annual salary for a Cost Estimators in Lexington Park, MD is $92,180. This typically ranges from $51,290 for entry-level positions to $131,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington Park, MD is 10.9% higher than the national median of $83,140.
Is Lexington Park, MD a good place for Cost Estimatorss?
Yes, Lexington Park, MD is an excellent location for Cost Estimatorss. It offers both higher-than-average salaries ($92,180) and a high concentration of job opportunities. See distinct detailed breakdown below.
Is Lexington Park, MD a good place to live for Cost Estimators?
The Cost of Living Index in Lexington Park, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington Park, MD?
Some top paying nearby cities include Salisbury, MD ($74,750) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Lexington Park, MD area with a job density of 1.861 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 Lexington Park, MD