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Average Cost Estimators Salary in North Region of Texas nonmetropolitan area

In the North Region of Texas's nonmetropolitan area, Cost Estimators earn an average annual salary of $72,390. This figure is notably below the national average of $83,140, reflecting regional economic factors and potentially lower demand for specialized roles outside major urban centers. The specific economic landscape and industry concentration within this part of Texas directly influence compensation levels for this profession.

Executive Summary

  • Average Salary: $72,390 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $108,680.
  • Outlook: The job market for Cost Estimators in the North Region of Texas nonmetropolitan area appears stable, with a local workforce of 330 professionals. The Location Quotient of 0.84 suggests a slightly lower concentration of these roles compared to the national average, indicating a moderate but not saturated market. With 1.203 jobs per 1,000 workers, there is a consistent, albeit not overwhelming, presence of opportunities for skilled estimators.
2024 Market Data

Salary Overview

$72,390

The average Cost Estimators in North Region of Texas nonmetropolitan area earns-12.9%below the national average.

BreakdownBased on 40h/week
Hourly

$34.8

Weekly

$1,392

Monthly

$6,033

Cost Estimators Salary Distribution in North Region of Texas nonmetropolitan area

Career progression for Cost Estimators typically involves a significant salary increase with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while seasoned professionals with extensive project portfolios and advanced analytical skills can expect to earn considerably more. The percentile gaps in salary distribution highlight the substantial earning potential as one moves from junior to senior estimator roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,500$20
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$54,293$26.1
ManagerOversees team, compliance, and project delivery.50% (Median)$67,920$32.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$90,488$43.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$108,680$52.3

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$72,390

Gross Pay

Real Wage (Purchasing Power)

$72,390

Adjusted for COL (100)

The nominal average annual salary of $72,390 in the North Region of Texas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Cost Estimator's salary in this region is equivalent to that of a Cost Estimator earning the national average in a national average cost-of-living area. Therefore, the salary offers a standard level of affordability relative to expenses.

Job Market Context

330

Total Jobs

1.203

Per 1K Jobs

0.84

Location Quotient

Below Average

North Region of Texas nonmetropolitan area has 0.84x 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 0.84 indicates that Cost Estimators are slightly less concentrated in the North Region of Texas nonmetropolitan area than they are nationally. This suggests that while the profession is present and has a stable workforce, it is not a primary hub for this specialization. The market is neither overly saturated nor exceptionally scarce, presenting a balanced environment for job seekers and employers.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near North Region of Texas nonmetropolitan area

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in North Region of Texas nonmetropolitan area?

The median annual salary for a Cost Estimators in North Region of Texas nonmetropolitan area is $72,390. This typically ranges from $41,500 for entry-level positions to $108,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Region of Texas nonmetropolitan area is 12.9% lower than the national median of $83,140.

Is North Region of Texas nonmetropolitan area a lucrative place for Cost Estimatorss?

No, it is not exceptionally lucrative compared to national averages.The average salary of $72,390 is below the national average of $83,140, indicating lower earning potential in this specific region. However, the cost of living being at the national average means the salary's purchasing power is standard.

Is North Region of Texas nonmetropolitan area a good place to live for Cost Estimators?

The Cost of Living Index in North Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($72,480) and Waco, TX.

How does the Cost of Living affect a Cost Estimator's salary in this region?

With a Cost of Living Index of 100, the $72,390 salary offers average purchasing power, matching the national average. This means your earnings will cover typical expenses without significant strain or surplus compared to national benchmarks.

What is the significance of the Location Quotient for Cost Estimators in North Texas nonmetro?

A Location Quotient of 0.84 suggests that Cost Estimators are slightly less prevalent in this region compared to the national average. This implies a moderate job market, neither overly competitive nor scarce, with steady opportunities.

How many Cost Estimators are there in the North Region of Texas nonmetropolitan area?

The total local workforce for Cost Estimators in this region consists of approximately 330 professionals. This provides a baseline understanding of the talent pool available.

Are there many job openings for Cost Estimators in this area?

There are 1.203 Cost Estimator jobs per 1,000 workers in the North Region of Texas nonmetropolitan area. This metric indicates a consistent but not exceptionally high demand for the role within the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the North Region of Texas nonmetropolitan area area with a job density of 1.203 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.