Average Cost Estimators Salary in Lynchburg, VA
The average salary for Cost Estimatorss in Lynchburg, VA is $70,000. While this is lower than the national average, the cost of living in Lynchburg, VA may offset the difference, preserving real purchasing power. Notably, Lynchburg, VA is a key hub for this profession, with a job concentration 1.28x higher than average.
Executive Summary
- Average Salary: $70,000 per year.
- Growth Trend: Salaries have shifted 25.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,020.
- Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 180 professionals. This role remains a specialized component of the broader Lynchburg, VA economy.
Salary Overview
The average Cost Estimators in Lynchburg, VA earns-15.8%below the national average.
$33.7
$1,346
$5,833
Cost Estimators Salary Trends (2020-2024)
Over the past 4 years, Cost Estimators salaries in Lynchburg, VA have experienced a rapid surge, growing by 25.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Cost Estimators Salary Distribution in Lynchburg, VA
The earning potential for Cost Estimatorss in Lynchburg, VA varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $40,650, while highly experienced professionals can command wages upwards of $101,020.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,650 | $19.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,500 | $25.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,900 | $31.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $87,500 | $42.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $101,020 | $48.6 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$70,000
Gross Pay
Real Wage (Purchasing Power)
$70,000
Adjusted for COL (100)
In Lynchburg, VA, the Cost of Living Index is 100. This increases your effective purchasing power from $70,000 to $70,000.
Job Market Context
180
Total Jobs
1.816
Per 1K Jobs
1.28
Location Quotient
With a location quotient of 1.28, Lynchburg, VA has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
180 people work as Cost Estimators in Lynchburg, VA.
1.816 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. |
|---|---|---|
| Roanoke, VA Cost Estimators Salary | $70,480↑ 1% | 43 mi |
| Staunton-Stuarts Draft, VA Cost Estimators Salary | $62,580↓ 11% | 53 mi |
| Charlottesville, VA Cost Estimators Salary | $80,850↑ 16% | 59 mi |
| Southside Virginia nonmetropolitan area Cost Estimators Salary | $66,370↓ 5% | 61 mi |
| Northern West Virginia nonmetropolitan area Cost Estimators Salary | $80,200↑ 15% | 61 mi |
Comparing salaries near Lynchburg, VA
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Lynchburg, VA?
The median annual salary for a Cost Estimators in Lynchburg, VA is $70,000. This typically ranges from $40,650 for entry-level positions to $101,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lynchburg, VA is 15.8% lower than the national median of $83,140.
Is Lynchburg, VA a good place for Cost Estimatorss?
Yes, Lynchburg, VA is highly recommended due to strong job demand. While salaries are competitive ($70,000), the area is particularly notable for its high job density for Cost Estimatorss. See distinct detailed breakdown below.
Is Lynchburg, VA a good place to live for Cost Estimators?
The Cost of Living Index in Lynchburg, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lynchburg, VA?
Some top paying nearby cities include Roanoke, VA ($70,480) and Staunton-Stuarts Draft, VA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 180 employees in the Lynchburg, VA area with a job density of 1.816 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 Lynchburg, VA