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Average Cost Estimators Salary in North Northeastern Ohio nonmetropolitan area (noncontiguous)

Cost Estimators in the North Northeastern Ohio nonmetropolitan area (noncontiguous) earn an average annual salary of $72,740. This figure is notably below the national average of $83,140, reflecting the unique economic dynamics and potentially lower demand often found in nonmetropolitan regions. The specific pay scale in this area is influenced by local industry needs and the overall cost structure of the region.

Executive Summary

  • Average Salary: $72,740 per year.
  • Growth Trend: Salaries have shifted 17.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $108,660.
  • Outlook: The job market for Cost Estimators in this nonmetropolitan Ohio region appears stable, with a total local workforce of 420 individuals. The Location Quotient of 1.19 suggests a slightly higher concentration of these roles compared to the national average, indicating a modest but present demand for their expertise within the local economy.
2024 Market Data

Salary Overview

$72,740

The average Cost Estimators in North Northeastern Ohio nonmetropolitan area (noncontiguous) earns-12.5%below the national average.

BreakdownBased on 40h/week
Hourly

$35

Weekly

$1,399

Monthly

$6,062

Cost Estimators Salary Distribution in North Northeastern Ohio nonmetropolitan area (noncontiguous)

Salary progression for Cost Estimators typically correlates strongly with experience. Entry-level positions often start at the lower end of the pay scale, while senior estimators with extensive project experience and specialized knowledge command significantly higher salaries. The percentile gaps in salary data reflect these distinctions, with experienced professionals occupying the upper tiers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,180$20.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$54,555$26.2
ManagerOversees team, compliance, and project delivery.50% (Median)$65,870$31.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$90,925$43.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$108,660$52.2

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$72,740

Gross Pay

Real Wage (Purchasing Power)

$72,740

Adjusted for COL (100)

The nominal average annual salary of $72,740 in the North Northeastern Ohio nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Cost Estimator's salary in this region is comparable to the national average, offering a balanced lifestyle without significant financial strain due to living expenses.

Job Market Context

420

Total Jobs

1.701

Per 1K Jobs

1.19

Location Quotient

Above Average

With a location quotient of 1.19, North Northeastern Ohio nonmetropolitan area (noncontiguous) has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

With a Location Quotient of 1.19, the North Northeastern Ohio nonmetropolitan area exhibits a slightly higher concentration of Cost Estimators than the national average. This suggests that while the roles are present and slightly more prevalent than elsewhere, the market is not oversaturated, offering a moderate level of competition and opportunity for skilled professionals.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near North Northeastern Ohio nonmetropolitan area (noncontiguous)

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in North Northeastern Ohio nonmetropolitan area (noncontiguous)?

The median annual salary for a Cost Estimators in North Northeastern Ohio nonmetropolitan area (noncontiguous) is $72,740. This typically ranges from $42,180 for entry-level positions to $108,660 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Northeastern Ohio nonmetropolitan area (noncontiguous) is 12.5% lower than the national median of $83,140.

Is North Northeastern Ohio nonmetropolitan area (noncontiguous) a lucrative place for Cost Estimatorss?

No, not compared to the national average.While the average salary of $72,740 is respectable, it falls below the national average of $83,140. However, the cost of living is also at the national average, making the salary's purchasing power comparable.

Is North Northeastern Ohio nonmetropolitan area (noncontiguous) a good place to live for Cost Estimators?

The Cost of Living Index in North Northeastern Ohio nonmetropolitan area (noncontiguous) is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Northeastern Ohio nonmetropolitan area (noncontiguous)?

Some top paying nearby cities include Mansfield, OH ($67,990) and Columbus, OH.

How does the Cost of Living affect the salary?

The Cost of Living Index in this region is 100, which is the national average. This means the $72,740 salary has the same purchasing power as a slightly higher nominal salary would in a more expensive region.

What does a Location Quotient of 1.19 mean for Cost Estimators?

A Location Quotient of 1.19 indicates that Cost Estimators are slightly more concentrated in this nonmetropolitan Ohio area than the national average. This suggests a steady, albeit not booming, demand for these professionals.

How many Cost Estimators are there in this region?

There are approximately 420 Cost Estimators working in the North Northeastern Ohio nonmetropolitan area (noncontiguous).

Is the job market for Cost Estimators growing in this area?

While specific growth data isn't provided, the stable workforce size and a Location Quotient above 1 suggest a consistent demand for Cost Estimators, implying a stable or potentially growing job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the North Northeastern Ohio nonmetropolitan area (noncontiguous) area with a job density of 1.701 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 North Northeastern Ohio nonmetropolitan area (noncontiguous)