Average Cost Estimators Salary in Northern Vermont nonmetropolitan area
Cost Estimators in the Northern Vermont nonmetropolitan area earn an average annual salary of $82,570. This figure is slightly below the national average of $83,140, indicating a competitive but localized market. Factors such as regional demand and the specific economic landscape of Vermont likely influence this compensation.
Executive Summary
- Average Salary: $82,570 per year.
- Growth Trend: Salaries have shifted 36.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,420.
- Outlook: With a total local workforce of 200 Cost Estimators, the market in Northern Vermont's nonmetropolitan area presents a concentrated demand, as evidenced by a Location Quotient of 1.55. This suggests that the region employs a higher proportion of these professionals than the national average, indicating a robust and stable job market for this specialty.
Salary Overview
The average Cost Estimators in Northern Vermont nonmetropolitan area earns-0.7%below the national average.
$39.7
$1,588
$6,881
Cost Estimators Salary Trends (2020-2024)
While specific historical data for Northern Vermont's nonmetropolitan area is not provided, it is reasonable to assume that salaries for Cost Estimators have experienced a steady growth trajectory over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for accurate cost projections, and the evolving complexity of construction and project management.
Cost Estimators Salary Distribution in Northern Vermont nonmetropolitan area
Salary progression for Cost Estimators in Northern Vermont's nonmetropolitan area is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while senior estimators with extensive project portfolios and specialized knowledge can command significantly higher salaries. The percentile gaps between these levels clearly signify substantial career progression opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,230 | $29.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,928 | $29.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,160 | $37.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $103,213 | $49.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,420 | $66.1 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$82,570
Gross Pay
Real Wage (Purchasing Power)
$82,570
Adjusted for COL (100)
The nominal average annual salary of $82,570 in Northern Vermont's nonmetropolitan area aligns perfectly with the national average cost of living, which stands at an index of 100. This means that the purchasing power of a Cost Estimator's salary in this region is equivalent to that of their national counterparts, offering a stable financial standing without significant cost-of-living adjustments.
Job Market Context
200
Total Jobs
2.211
Per 1K Jobs
1.55
Location Quotient
Northern Vermont nonmetropolitan area has 1.6x the national concentration of Cost Estimators jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.55 for Cost Estimators in Northern Vermont's nonmetropolitan area signifies a notable concentration of these professionals compared to the national average. This suggests that the job market here is more specialized and potentially more competitive for new entrants, while also indicating a strong demand and established presence for experienced individuals within the region.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Burlington-South Burlington, VT Cost Estimators Salary | $90,050↑ 9% | 40 mi |
| Glens Falls, NY Cost Estimators Salary | $82,800↑ 0% | 69 mi |
| Central New Hampshire nonmetropolitan area Cost Estimators Salary | $76,250↓ 8% | 70 mi |
| Northern New Hampshire nonmetropolitan area Cost Estimators Salary | $79,890↓ 3% | 70 mi |
| Southwestern New Hampshire nonmetropolitan area Cost Estimators Salary | $72,990↓ 12% | 70 mi |
Comparing salaries near Northern Vermont nonmetropolitan area
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Northern Vermont nonmetropolitan area?
The median annual salary for a Cost Estimators in Northern Vermont nonmetropolitan area is $82,570. This typically ranges from $62,230 for entry-level positions to $137,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern Vermont nonmetropolitan area is 0.7% lower than the national median of $83,140.
Is Northern Vermont nonmetropolitan area a lucrative place for Cost Estimators?
Yes, it offers competitive compensation relative to the cost of living.Cost Estimators earn an average of $82,570, which is very close to the national average, while the local cost of living matches the national average, making it financially comparable.
Is Northern Vermont nonmetropolitan area a good place to live for Cost Estimators?
The Cost of Living Index in Northern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($90,050) and Glens Falls, NY.
How does the local salary compare to the national average?
The average annual salary for Cost Estimators in Northern Vermont's nonmetropolitan area is $82,570, which is slightly lower than the national average of $83,140.
What does the Location Quotient of 1.55 mean for Cost Estimators?
A Location Quotient of 1.55 indicates that Cost Estimators are more concentrated in this region than the national average, suggesting higher demand and a more specialized job market.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local salary of $82,570 has the same purchasing power as the national average salary, indicating no significant impact from cost of living differences.
What is the size of the Cost Estimator workforce in this area?
The total local workforce for Cost Estimators in the Northern Vermont nonmetropolitan area consists of approximately 200 professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Northern Vermont nonmetropolitan area area with a job density of 2.211 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 Northern Vermont nonmetropolitan area