SalaryNode

Average Cost Estimators Salary in Rockford, IL

The average salary for a Cost Estimators in Rockford, IL is $77,960. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $77,960 per year.
  • Growth Trend: Salaries have shifted 12.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $121,210.
  • Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader Rockford, IL economy.
2024 Market Data

Salary Overview

$77,960

The average Cost Estimators in Rockford, IL earns-6.2%below the national average.

BreakdownBased on 40h/week
Hourly

$37.5

Weekly

$1,499

Monthly

$6,497

Cost Estimators Salary Distribution in Rockford, IL

The earning potential for Cost Estimatorss in Rockford, IL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $45,670, while highly experienced professionals can command wages upwards of $121,210.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,670$22
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$58,470$28.1
ManagerOversees team, compliance, and project delivery.50% (Median)$75,160$36.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$97,450$46.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$121,210$58.3

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$77,960

Gross Pay

Real Wage (Purchasing Power)

$77,960

Adjusted for COL (100)

In Rockford, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $77,960 to $77,960.

Job Market Context

140

Total Jobs

1.019

Per 1K Jobs

0.72

Location Quotient

Below Average

Rockford, IL has 0.72x 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.

140 people work as Cost Estimators in Rockford, IL.

1.019 out of every 1,000 local jobs are Cost Estimators positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near Rockford, IL

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Rockford, IL?

The median annual salary for a Cost Estimators in Rockford, IL is $77,960. This typically ranges from $45,670 for entry-level positions to $121,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rockford, IL is 6.2% lower than the national median of $83,140.

Is Rockford, IL a good place for Cost Estimatorss?

It depends on your priorities. While the average Cost Estimators salary in Rockford, IL is $77,960 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Rockford, IL. See distinct detailed breakdown below.

Is Rockford, IL a good place to live for Cost Estimators?

The Cost of Living Index in Rockford, IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Rockford, IL?

Some top paying nearby cities include Janesville-Beloit, WI ($85,320) and Madison, WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the Rockford, IL area with a job density of 1.019 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.