Average Cost Estimators Salary in Scranton--Wilkes-Barre, PA
Cost Estimators in Scranton--Wilkes-Barre, PA, command an average annual salary of $76,370. This figure is slightly below the national average of $83,140, indicating a localized compensation structure influenced by regional economic factors and industry demand within the area. While not reaching the national benchmark, this salary reflects the specific value placed on these analytical roles within the Scranton--Wilkes-Barre economic landscape.
Executive Summary
- Average Salary: $76,370 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $114,040.
- Outlook: The Scranton--Wilkes-Barre, PA, market for Cost Estimators presents a stable employment environment, evidenced by a total local workforce of 370 professionals. With a Location Quotient of 1.03, the concentration of these roles is marginally higher than the national average, suggesting a consistent, albeit not overwhelmingly dominant, demand for skilled cost estimators in the region.
Salary Overview
The average Cost Estimators in Scranton--Wilkes-Barre, PA earns-8.1%below the national average.
$36.7
$1,469
$6,364
Cost Estimators Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Cost Estimators in Scranton--Wilkes-Barre, PA, have experienced steady growth over the past four years, mirroring national trends. This anticipated upward trajectory is driven by inflation, increasing project complexity, and the continuous need for accurate cost analysis across various industries within the region.
Cost Estimators Salary Distribution in Scranton--Wilkes-Barre, PA
Career progression for Cost Estimators in Scranton--Wilkes-Barre, PA, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized knowledge can expect to earn salaries well into the upper percentiles, reflecting their enhanced value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,420 | $23.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,278 | $27.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,090 | $33.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,463 | $45.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $114,040 | $54.8 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$76,370
Gross Pay
Real Wage (Purchasing Power)
$76,370
Adjusted for COL (100)
The nominal average salary of $76,370 in Scranton--Wilkes-Barre, PA, is effectively aligned with the local cost of living, which stands at the national average of 100. This means that the purchasing power of a Cost Estimator's salary in this region is comparable to that of their counterparts in the rest of the country, offering a stable financial standing.
Job Market Context
370
Total Jobs
1.463
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, Scranton--Wilkes-Barre, PA has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
The Location Quotient of 1.03 for Cost Estimators in Scranton--Wilkes-Barre, PA, indicates a job market that is slightly more concentrated than the national average. This suggests a healthy, stable demand for these professionals, where the number of jobs available is closely aligned with the number of qualified individuals, leading to a competitive yet accessible employment landscape.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Cost Estimators Salary | $79,650↑ 4% | 50 mi |
| Allentown-Bethlehem-Easton, PA-NJ Cost Estimators Salary | $79,500↑ 4% | 57 mi |
| Southwest New York nonmetropolitan area Cost Estimators Salary | $73,850↓ 3% | 64 mi |
| Central East New York nonmetropolitan area Cost Estimators Salary | $84,290↑ 10% | 64 mi |
| Capital/Northern New York nonmetropolitan area Cost Estimators Salary | $70,870↓ 7% | 64 mi |
Comparing salaries near Scranton--Wilkes-Barre, PA
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Scranton--Wilkes-Barre, PA?
The median annual salary for a Cost Estimators in Scranton--Wilkes-Barre, PA is $76,370. This typically ranges from $48,420 for entry-level positions to $114,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Scranton--Wilkes-Barre, PA is 8.1% lower than the national median of $83,140.
Is Scranton--Wilkes-Barre, PA a lucrative place for Cost Estimators?
Yes, it offers a competitive salary with a cost of living matching the national average.The average salary of $76,370 is strong, especially when considering the cost of living index is exactly at the national average. This ensures good purchasing power for Cost Estimators in the area.
Is Scranton--Wilkes-Barre, PA a good place to live for Cost Estimators?
The Cost of Living Index in Scranton--Wilkes-Barre, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Scranton--Wilkes-Barre, PA?
Some top paying nearby cities include Binghamton, NY ($79,650) and Allentown-Bethlehem-Easton, PA-NJ.
How does the Scranton--Wilkes-Barre salary compare to the national average?
The average salary for Cost Estimators in Scranton--Wilkes-Barre, PA, is $76,370, which is slightly lower than the national average of $83,140.
What is the concentration of Cost Estimators in Scranton--Wilkes-Barre, PA?
The concentration, measured by the Location Quotient, is 1.03, indicating a slightly higher presence of Cost Estimators compared to the national average.
How does experience impact a Cost Estimator's salary in this region?
Experience significantly influences salary, with senior Cost Estimators earning substantially more than entry-level professionals, reflecting a clear career progression path.
Is the job market for Cost Estimators robust in Scranton--Wilkes-Barre, PA?
The market is stable, with a workforce of 370 and a Location Quotient just above the national average, suggesting consistent demand and a balanced job environment.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Scranton--Wilkes-Barre, PA area with a job density of 1.463 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 Scranton--Wilkes-Barre, PA