Average Cost Estimators Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
Cost Estimators in the Nashville-Davidson--Murfreesboro--Franklin, TN area earn an average annual salary of $83,320. This figure is remarkably close to the national average of $83,140, indicating a stable and competitive market for this profession within the region. Local economic factors and industry demand are likely contributing to this alignment.
Executive Summary
- Average Salary: $83,320 per year.
- Growth Trend: Salaries have shifted 22.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,440.
- Outlook: With a local workforce of 1,350 Cost Estimators and a Location Quotient of 0.87, the Nashville metropolitan area demonstrates a solid presence of this role, though slightly below the national concentration. The figure of 1.233 jobs per 1,000 workers suggests a consistent, albeit not exceptionally high, demand for these professionals, pointing to a stable job market.
Salary Overview
The average Cost Estimators in Nashville-Davidson--Murfreesboro--Franklin, TN earns+0.2%above the national average.
$40.1
$1,602
$6,943
Cost Estimators Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Cost Estimators in the Nashville area have experienced a steady upward trend over the past four years, mirroring national patterns. Factors such as inflation, increased project complexity, and a growing construction and manufacturing sector likely contribute to this positive salary trajectory.
Cost Estimators Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN
Salary progression for Cost Estimators typically scales significantly with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive project experience and specialized knowledge can command salaries well above the average. The percentile gaps in salary data clearly signify the career advancement opportunities and earning potential as one moves from junior to senior estimator roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,660 | $23.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,490 | $30 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,030 | $38 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $104,150 | $50.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,440 | $59.8 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$83,320
Gross Pay
Real Wage (Purchasing Power)
$83,320
Adjusted for COL (100)
The average annual salary of $83,320 in Nashville-Davidson--Murfreesboro--Franklin, TN aligns perfectly with the national 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 balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
1,350
Total Jobs
1.233
Per 1K Jobs
0.87
Location Quotient
Nashville-Davidson--Murfreesboro--Franklin, TN has 0.87x the national average concentration of Cost Estimators jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.87 suggests that Cost Estimators are slightly less concentrated in the Nashville area compared to the national average. This indicates a moderately competitive job market; while there is a healthy presence of these roles, the demand might not be overwhelmingly high, meaning professionals may need to actively seek opportunities or possess specialized skills to stand out.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| East Tennessee nonmetropolitan area Cost Estimators Salary | $69,260↓ 17% | 29 mi |
| South Central Tennessee nonmetropolitan area Cost Estimators Salary | $70,560↓ 15% | 29 mi |
| West Tennessee nonmetropolitan area Cost Estimators Salary | $78,560↓ 6% | 29 mi |
| North Central Tennessee nonmetropolitan area Cost Estimators Salary | $67,740↓ 19% | 29 mi |
| Clarksville, TN-KY Cost Estimators Salary | $69,080↓ 17% | 42 mi |
Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Nashville-Davidson--Murfreesboro--Franklin, TN?
The median annual salary for a Cost Estimators in Nashville-Davidson--Murfreesboro--Franklin, TN is $83,320. This typically ranges from $48,660 for entry-level positions to $124,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 0.2% higher than the national median of $83,140.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Cost Estimatorss?
Yes, it offers competitive compensation.The average salary of $83,320 is on par with the national average, and the cost of living is also at the national average, indicating good earning potential.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Cost Estimators?
The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?
Some top paying nearby cities include East Tennessee nonmetropolitan area ($69,260) and South Central Tennessee nonmetropolitan area.
What is the average salary for a Cost Estimator in Nashville?
The average annual salary for a Cost Estimator in the Nashville-Davidson--Murfreesboro--Franklin, TN area is $83,320.
How does the Nashville salary compare to the national average?
The average salary in Nashville ($83,320) is very close to the national average ($83,140), suggesting comparable earning potential.
Is the job market for Cost Estimators strong in Nashville?
The market is stable with a workforce of 1,350 and a Location Quotient of 0.87, indicating a consistent but not exceptionally concentrated demand for these professionals.
What is the cost of living in Nashville compared to the national average?
Nashville has a Cost of Living Index of 100, which is exactly the national average, meaning your salary will have average purchasing power.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,350 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 1.233 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 Nashville-Davidson--Murfreesboro--Franklin, TN