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Average Cost Estimators Salary in Salem, OR

Cost Estimators in Salem, Oregon, command an average annual salary of $84,240. This figure slightly surpasses the national average of $83,140, indicating a stable demand for these professionals within the local economy. Factors such as the specific industry mix and the overall economic health of the region contribute to this competitive compensation.

Executive Summary

  • Average Salary: $84,240 per year.
  • Growth Trend: Salaries have shifted 13.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,480.
  • Outlook: With a local workforce of 290 Cost Estimators, Salem, OR, presents a moderately concentrated job market. The Location Quotient of 1.09 suggests that the concentration of these roles in Salem is slightly higher than the national average, implying a steady, if not growing, demand for skilled estimators within the area's industries.
2024 Market Data

Salary Overview

$84,240

The average Cost Estimators in Salem, OR earns+1.3%above the national average.

BreakdownBased on 40h/week
Hourly

$40.5

Weekly

$1,620

Monthly

$7,020

Cost Estimators Salary Distribution in Salem, OR

The salary range for Cost Estimators in Salem, OR, naturally expands with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise and a proven track record can command salaries significantly above the average, reaching into the upper percentiles. These percentile gaps highlight clear career progression pathways.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,370$22.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$63,180$30.4
ManagerOversees team, compliance, and project delivery.50% (Median)$79,500$38.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$105,300$50.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$136,480$65.6

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$84,240

Gross Pay

Real Wage (Purchasing Power)

$84,240

Adjusted for COL (100)

The average annual salary of $84,240 in Salem, OR, 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 Salem is equivalent to the national average, offering a stable financial standing without significant gains or losses in real terms.

Job Market Context

290

Total Jobs

1.546

Per 1K Jobs

1.09

Location Quotient

Above Average

With a location quotient of 1.09, Salem, OR has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

A Location Quotient of 1.09 indicates that Cost Estimators are slightly more prevalent in Salem, OR, than in the typical U.S. metropolitan area. This suggests a healthy, competitive market where employers actively seek these specialists, and professionals have a reasonable number of opportunities available within the region.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Albany, OR Cost Estimators Salary$76,000↓ 10%21 mi
Corvallis, OR Cost Estimators Salary$83,030↓ 1%27 mi
Portland-Vancouver-Hillsboro, OR-WA Cost Estimators Salary$85,440↑ 1%44 mi
Coast Oregon nonmetropolitan area Cost Estimators Salary$67,930↓ 19%53 mi
Eastern Oregon nonmetropolitan area Cost Estimators Salary$80,960↓ 4%53 mi

Comparing salaries near Salem, OR

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Salem, OR?

The median annual salary for a Cost Estimators in Salem, OR is $84,240. This typically ranges from $46,370 for entry-level positions to $136,480 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Salem, OR is 1.3% higher than the national median of $83,140.

Is Salem, OR a lucrative place for Cost Estimatorss?

Yes, Salem, OR offers a competitive salary for Cost Estimators.The average salary of $84,240 is slightly above the national average, and the cost of living is on par, indicating good earning potential.

Is Salem, OR a good place to live for Cost Estimators?

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

Where are the highest paying cities near Salem, OR?

Some top paying nearby cities include Albany, OR ($76,000) and Corvallis, OR.

What is the average salary for a Cost Estimator in Salem, OR?

The average annual salary for a Cost Estimator in Salem, OR, is $84,240.

How does Salem's Cost Estimator salary compare to the national average?

The average salary in Salem, OR ($84,240) is slightly higher than the national average ($83,140).

What is the Cost of Living in Salem, OR compared to the national average?

Salem, OR has a Cost of Living Index of 100, which is exactly the national average.

How concentrated is the Cost Estimator job market in Salem, OR?

Salem, OR has a Location Quotient of 1.09 for Cost Estimators, indicating a slightly higher concentration of these jobs compared to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Salem, OR area with a job density of 1.546 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 Salem, OR