Average Cost Estimators Salary in Naples-Marco Island, FL
Cost Estimators in the Naples-Marco Island, FL area earn an average annual salary of $79,500. This figure is slightly below the national average of $83,140, suggesting a localized market dynamic. Factors such as regional demand, project types prevalent in the area, and the specific economic landscape of Southwest Florida likely contribute to this pay differential.
Executive Summary
- Average Salary: $79,500 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,630.
- Outlook: The Naples-Marco Island region supports a dedicated workforce of 320 Cost Estimators. With a Location Quotient of 1.33, indicating a concentration 33% higher than the national average, the demand for these professionals in this area is notably robust. This suggests a healthy job market with consistent opportunities for skilled individuals in this specialized field.
Salary Overview
The average Cost Estimators in Naples-Marco Island, FL earns-4.4%below the national average.
$38.2
$1,529
$6,625
Cost Estimators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Cost Estimators in Naples-Marco Island, FL have experienced growth over the past four years, mirroring national trends. Economic development and increased construction activity in the region would likely drive up demand and, consequently, compensation for these vital roles.
Cost Estimators Salary Distribution in Naples-Marco Island, FL
Salary progression for Cost Estimators typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior estimators with extensive project portfolios and specialized knowledge can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles highlights clear career advancement opportunities within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,050 | $22.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,625 | $28.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,360 | $35.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $99,375 | $47.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $120,630 | $58 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$79,500
Gross Pay
Real Wage (Purchasing Power)
$79,500
Adjusted for COL (100)
The average annual salary of $79,500 for Cost Estimators in Naples-Marco Island, FL aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering a stable financial outlook for those considering a move to the area.
Job Market Context
320
Total Jobs
1.895
Per 1K Jobs
1.33
Location Quotient
With a location quotient of 1.33, Naples-Marco Island, FL has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
A Location Quotient of 1.33 signifies that Cost Estimators are more concentrated in the Naples-Marco Island, FL area than the national average. This suggests a competitive market where employers may actively seek out specialized talent, but also indicates a strong presence and established demand for the profession within the region's economy.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Cape Coral-Fort Myers, FL Cost Estimators Salary | $75,050↓ 6% | 36 mi |
| Punta Gorda, FL Cost Estimators Salary | $64,280↓ 19% | 54 mi |
| North Port-Bradenton-Sarasota, FL Cost Estimators Salary | $81,960↑ 3% | 67 mi |
| Sebring, FL Cost Estimators Salary | $73,350↓ 8% | 94 mi |
Comparing salaries near Naples-Marco Island, FL
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Naples-Marco Island, FL?
The median annual salary for a Cost Estimators in Naples-Marco Island, FL is $79,500. This typically ranges from $46,050 for entry-level positions to $120,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Naples-Marco Island, FL is 4.4% lower than the national median of $83,140.
Is Naples-Marco Island, FL a lucrative place for Cost Estimators?
Yes, it offers competitive compensation relative to its cost of living.While the average salary is slightly below the national average, it perfectly matches the local cost of living, providing strong purchasing power. The higher-than-average concentration of these roles also indicates a healthy demand.
Is Naples-Marco Island, FL a good place to live for Cost Estimators?
The Cost of Living Index in Naples-Marco Island, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Naples-Marco Island, FL?
Some top paying nearby cities include Cape Coral-Fort Myers, FL ($75,050) and Punta Gorda, FL.
How does the Naples-Marco Island salary compare to the national average?
The average salary for Cost Estimators in Naples-Marco Island, FL is $79,500, which is slightly lower than the national average of $83,140.
What is the concentration of Cost Estimators in Naples-Marco Island, FL?
The concentration, measured by the Location Quotient, is 1.33, meaning there are 33% more Cost Estimators per worker in this area compared to the national average.
How does the cost of living affect the salary in Naples-Marco Island, FL?
The cost of living in Naples-Marco Island, FL is at the national average (100), so the $79,500 salary offers purchasing power equivalent to the national average.
What is the total number of Cost Estimators in Naples-Marco Island, FL?
There are approximately 320 Cost Estimators employed in the Naples-Marco Island, FL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Naples-Marco Island, FL area with a job density of 1.895 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 Naples-Marco Island, FL