Average Cost Estimators Salary in Monroe, MI
The average salary for a Cost Estimators in Monroe, MI is $76,970. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Monroe, MI is a key hub for this profession, with a job concentration 1.24x higher than average.
Executive Summary
- Average Salary: $76,970 per year.
- Growth Trend: Salaries have shifted 17.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $111,260.
- Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Monroe, MI economy.
Salary Overview
The average Cost Estimators in Monroe, MI earns-7.4%below the national average.
$37
$1,480
$6,414
Cost Estimators Salary Trends (2020-2024)
Over the past 4 years, Cost Estimators salaries in Monroe, MI have shown healthy growth of 17.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Cost Estimators Salary Distribution in Monroe, MI
The earning potential for Cost Estimatorss in Monroe, MI 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 $46,030, while highly experienced professionals can command wages upwards of $111,260.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,030 | $22.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,728 | $27.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,640 | $35.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $96,213 | $46.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $111,260 | $53.5 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$76,970
Gross Pay
Real Wage (Purchasing Power)
$76,970
Adjusted for COL (100)
In Monroe, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $76,970 to $76,970.
Job Market Context
70
Total Jobs
1.765
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Monroe, MI has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
70 people work as Cost Estimators in Monroe, MI.
1.765 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. |
|---|---|---|
| Toledo, OH Cost Estimators Salary | $79,660↑ 3% | 20 mi |
| Ann Arbor, MI Cost Estimators Salary | $78,650↑ 2% | 31 mi |
| Detroit-Warren-Dearborn, MI Cost Estimators Salary | $84,600↑ 10% | 34 mi |
| Sandusky, OH Cost Estimators Salary | $79,620↑ 3% | 48 mi |
| Jackson, MI Cost Estimators Salary | $77,280↑ 0% | 57 mi |
Comparing salaries near Monroe, MI
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Monroe, MI?
The median annual salary for a Cost Estimators in Monroe, MI is $76,970. This typically ranges from $46,030 for entry-level positions to $111,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, MI is 7.4% lower than the national median of $83,140.
Is Monroe, MI a good place for Cost Estimatorss?
Yes, Monroe, MI is highly recommended due to strong job demand. While salaries are competitive ($76,970), the area is particularly notable for its high job density for Cost Estimatorss. See distinct detailed breakdown below.
Is Monroe, MI a good place to live for Cost Estimators?
The Cost of Living Index in Monroe, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, MI?
Some top paying nearby cities include Toledo, OH ($79,660) and Ann Arbor, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Monroe, MI area with a job density of 1.765 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 Monroe, MI