SalaryNode

Average Cost Estimators Salary in Phoenix-Mesa-Chandler, AZ

Cost Estimators in the Phoenix-Mesa-Chandler, AZ metropolitan area earn an impressive average annual salary of $91,610. This figure significantly surpasses the national average of $83,140, indicating a strong local demand for these professionals. The specialized nature of construction and development within the region likely contributes to this elevated compensation.

Executive Summary

  • Average Salary: $91,610 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $146,740.
  • Outlook: The local job market for Cost Estimators in Phoenix-Mesa-Chandler, AZ, appears robust, with a total workforce of 3,460 individuals in this role. The Location Quotient of 1.04 suggests a concentration of these jobs slightly above the national average, implying a stable and potentially growing demand that aligns with the size of the local workforce.
2024 Market Data

Salary Overview

$91,610

The average Cost Estimators in Phoenix-Mesa-Chandler, AZ earns+10.2%above the national average.

BreakdownBased on 40h/week
Hourly

$44

Weekly

$1,762

Monthly

$7,634

Cost Estimators Salary Distribution in Phoenix-Mesa-Chandler, AZ

Career progression for Cost Estimators in Phoenix-Mesa-Chandler, AZ, is typically marked by significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and specialized knowledge can command salaries well into the upper percentiles, reflecting their value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,500$20.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$68,708$33
ManagerOversees team, compliance, and project delivery.50% (Median)$83,060$39.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$114,513$55.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$146,740$70.5

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$91,610

Gross Pay

Real Wage (Purchasing Power)

$91,610

Adjusted for COL (100)

The average annual salary of $91,610 in Phoenix-Mesa-Chandler, AZ, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is comparable to the national standard, offering a balanced financial outlook for residents.

Job Market Context

3,460

Total Jobs

1.477

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Phoenix-Mesa-Chandler, AZ has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

With a Location Quotient of 1.04, the Phoenix-Mesa-Chandler, AZ, market for Cost Estimators is slightly more concentrated than the national average. This indicates a healthy demand for these professionals, suggesting that the job market is competitive but offers ample opportunities for skilled individuals to find employment and advance their careers within the region.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near Phoenix-Mesa-Chandler, AZ

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Phoenix-Mesa-Chandler, AZ?

The median annual salary for a Cost Estimators in Phoenix-Mesa-Chandler, AZ is $91,610. This typically ranges from $43,500 for entry-level positions to $146,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Phoenix-Mesa-Chandler, AZ is 10.2% higher than the national median of $83,140.

Is Phoenix-Mesa-Chandler, AZ a lucrative place for Cost Estimators?

Yes, it is a lucrative place for Cost Estimators.The average salary of $91,610 is notably higher than the national average, and the cost of living is on par with the national average, offering strong purchasing power.

Is Phoenix-Mesa-Chandler, AZ a good place to live for Cost Estimators?

The Cost of Living Index in Phoenix-Mesa-Chandler, AZ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Phoenix-Mesa-Chandler, AZ?

Some top paying nearby cities include Arizona nonmetropolitan area ($76,130) and Prescott Valley-Prescott, AZ.

How does the Phoenix-Mesa-Chandler, AZ salary compare to the national average?

The average salary for Cost Estimators in Phoenix-Mesa-Chandler, AZ, is $91,610, which is approximately $8,470 higher than the national average of $83,140.

What is the significance of the Location Quotient for Cost Estimators in Phoenix?

A Location Quotient of 1.04 indicates that Cost Estimators are slightly more concentrated in the Phoenix-Mesa-Chandler, AZ area compared to the national average, suggesting a healthy local demand for this profession.

How does the cost of living in Phoenix affect the salary?

With a Cost of Living Index of 100, Phoenix-Mesa-Chandler, AZ, has a cost of living that is exactly at the national average. This means the higher average salary offers comparable or slightly better purchasing power than in many other parts of the country.

What is the total number of Cost Estimators in the Phoenix-Mesa-Chandler, AZ area?

There are approximately 3,460 Cost Estimators employed in the Phoenix-Mesa-Chandler, AZ metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,460 employees in the Phoenix-Mesa-Chandler, AZ area with a job density of 1.477 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.