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Average Cost Estimators Salary in Modesto, CA

Cost Estimators in Modesto, CA earn an average annual salary of $87,360, which is notably higher than the national average of $83,140. This localized premium is often influenced by specific industry demands and the unique economic landscape of the Central Valley region, which can necessitate specialized expertise.

Executive Summary

  • Average Salary: $87,360 per year.
  • Growth Trend: Salaries have shifted 31.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $132,650.
  • Outlook: With a local workforce of 280 Cost Estimators and a Location Quotient of 1.01, Modesto presents a stable job market for this profession. The concentration is just slightly above the national average, indicating a healthy demand that aligns closely with national trends, suggesting consistent employment opportunities.
2024 Market Data

Salary Overview

$87,360

The average Cost Estimators in Modesto, CA earns+5.1%above the national average.

BreakdownBased on 40h/week
Hourly

$42

Weekly

$1,680

Monthly

$7,280

Cost Estimators Salary Distribution in Modesto, CA

Salary progression for Cost Estimators in Modesto 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 higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,150$24.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$65,520$31.5
ManagerOversees team, compliance, and project delivery.50% (Median)$81,310$39.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$109,200$52.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$132,650$63.8

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$87,360

Gross Pay

Real Wage (Purchasing Power)

$87,360

Adjusted for COL (100)

The average annual salary of $87,360 in Modesto aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Cost Estimator's salary in Modesto is equivalent to the national average, offering a stable financial standing without significant gains or losses in real income compared to other areas.

Job Market Context

280

Total Jobs

1.435

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, Modesto, CA has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

A Location Quotient of 1.01 for Cost Estimators in Modesto indicates that the concentration of these professionals in the area is very close to the national average. This suggests a balanced job market where the supply of Cost Estimators is well-matched with the demand, implying a competitive but accessible environment for both job seekers and employers.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Stockton-Lodi, CA Cost Estimators Salary$86,830↓ 1%29 mi
Merced, CA Cost Estimators Salary$85,020↓ 3%37 mi
San Jose-Sunnyvale-Santa Clara, CA Cost Estimators Salary$109,310↑ 25%53 mi
Sacramento-Roseville-Folsom, CA Cost Estimators Salary$94,830↑ 9%69 mi
Santa Cruz-Watsonville, CA Cost Estimators Salary$91,790↑ 5%73 mi

Comparing salaries near Modesto, CA

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Modesto, CA?

The median annual salary for a Cost Estimators in Modesto, CA is $87,360. This typically ranges from $51,150 for entry-level positions to $132,650 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Modesto, CA is 5.1% higher than the national median of $83,140.

Is Modesto, CA a lucrative place for Cost Estimators?

Yes, Modesto offers a competitive salary for Cost Estimators.Cost Estimators in Modesto earn an average of $87,360, slightly above the national average, while the cost of living remains at the national average, indicating favorable earning potential.

Is Modesto, CA a good place to live for Cost Estimators?

The Cost of Living Index in Modesto, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Modesto, CA?

Some top paying nearby cities include Stockton-Lodi, CA ($86,830) and Merced, CA.

How does Modesto's Cost Estimator salary compare to the national average?

The average annual salary for Cost Estimators in Modesto, CA is $87,360, which is approximately 5% higher than the national average of $83,140.

What is the total number of Cost Estimators in Modesto?

There are approximately 280 Cost Estimators employed in the Modesto, CA area.

How does the cost of living in Modesto affect salary expectations?

Modesto's Cost of Living Index is 100, matching the national average. This means the $87,360 salary provides purchasing power equivalent to the national average, making it a stable financial environment.

Is the job market for Cost Estimators in Modesto growing?

With a Location Quotient of 1.01, the market is stable and closely mirrors national employment levels for Cost Estimators, suggesting consistent demand and opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Modesto, CA area with a job density of 1.435 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Modesto, CA