Average Cost Estimators Salary in Milwaukee-Waukesha, WI
Cost Estimators in the Milwaukee-Waukesha, WI area earn an average annual salary of $78,090. This figure is slightly below the national average of $83,140, indicating a localized compensation structure. Factors such as regional industry demand, local economic conditions, and the specific needs of businesses within the Milwaukee metropolitan area likely influence this pay scale.
Executive Summary
- Average Salary: $78,090 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,070.
- Outlook: The Milwaukee-Waukesha area supports a robust workforce of 1,410 Cost Estimators, with a location quotient of 1.2 suggesting a higher concentration of these professionals than the national average. This indicates a stable and potentially growing demand for skilled cost estimation talent within the region, making it a noteworthy market for this profession.
Salary Overview
The average Cost Estimators in Milwaukee-Waukesha, WI earns-6.1%below the national average.
$37.5
$1,502
$6,508
Cost Estimators Salary Trends (2020-2024)
While specific historical data for Milwaukee-Waukesha is not provided, it is reasonable to assume that salaries for Cost Estimators have seen consistent growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for accurate cost analysis in construction and manufacturing, and the evolving complexity of projects.
Cost Estimators Salary Distribution in Milwaukee-Waukesha, WI
The career trajectory for Cost Estimators in Milwaukee-Waukesha, as elsewhere, typically involves salary increases 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, reflecting their increased value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,340 | $23.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,568 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,720 | $36.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,613 | $46.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,070 | $51 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$78,090
Gross Pay
Real Wage (Purchasing Power)
$78,090
Adjusted for COL (100)
The average annual salary of $78,090 in Milwaukee-Waukesha aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Cost Estimator's salary in this region is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
1,410
Total Jobs
1.715
Per 1K Jobs
1.2
Location Quotient
With a location quotient of 1.20, Milwaukee-Waukesha, WI has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
With a location quotient of 1.2, Milwaukee-Waukesha demonstrates a 20% higher concentration of Cost Estimators compared to the national average. This suggests a competitive yet well-established job market where employers have access to a skilled talent pool, and professionals can find ample opportunities within specialized industries prevalent in the region.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Racine-Mount Pleasant, WI Cost Estimators Salary | $80,940↑ 4% | 25 mi |
| Kenosha, WI Cost Estimators Salary | $76,940↓ 1% | 33 mi |
| Sheboygan, WI Cost Estimators Salary | $73,670↓ 6% | 48 mi |
| Fond du Lac, WI Cost Estimators Salary | $75,540↓ 3% | 54 mi |
| Janesville-Beloit, WI Cost Estimators Salary | $85,320↑ 9% | 59 mi |
Comparing salaries near Milwaukee-Waukesha, WI
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Milwaukee-Waukesha, WI?
The median annual salary for a Cost Estimators in Milwaukee-Waukesha, WI is $78,090. This typically ranges from $49,340 for entry-level positions to $106,070 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Milwaukee-Waukesha, WI is 6.1% lower than the national median of $83,140.
Is Milwaukee-Waukesha, WI a lucrative place for Cost Estimators?
Yes, it offers competitive compensation relative to its cost of living.Cost Estimators in Milwaukee-Waukesha earn $78,090 annually, which is on par with the national average cost of living. This makes the nominal salary highly competitive in terms of real purchasing power.
Is Milwaukee-Waukesha, WI a good place to live for Cost Estimators?
The Cost of Living Index in Milwaukee-Waukesha, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Milwaukee-Waukesha, WI?
Some top paying nearby cities include Racine-Mount Pleasant, WI ($80,940) and Kenosha, WI.
How does the Milwaukee Cost Estimator salary compare to the national average?
The average annual salary for Cost Estimators in Milwaukee-Waukesha is $78,090, which is slightly lower than the national average of $83,140.
What is the concentration of Cost Estimators in Milwaukee-Waukesha?
The location quotient for Cost Estimators in Milwaukee-Waukesha is 1.2, indicating a 20% higher concentration of these professionals compared to the national average.
How does the cost of living in Milwaukee-Waukesha affect salary?
With a cost of living index of 100, the Milwaukee-Waukesha area matches the national average, meaning the $78,090 salary offers equivalent purchasing power to the national average salary.
What is the total number of Cost Estimators in the Milwaukee-Waukesha area?
There are approximately 1,410 Cost Estimators working in the Milwaukee-Waukesha, WI metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,410 employees in the Milwaukee-Waukesha, WI area with a job density of 1.715 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 Milwaukee-Waukesha, WI