SalaryNode

Average Cost Estimators Salary in South Central Wisconsin nonmetropolitan area

Cost Estimators in the South Central Wisconsin nonmetropolitan area earn an average annual salary of $73,950. This figure is notably below the national average of $83,140, suggesting localized economic factors or a different demand dynamic influence compensation in this region. The specific pay rates are often dictated by the unique industrial landscape and the prevalence of certain types of construction or manufacturing projects within the area.

Executive Summary

  • Average Salary: $73,950 per year.
  • Growth Trend: Salaries have shifted 44.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $105,550.
  • Outlook: The job market for Cost Estimators in South Central Wisconsin's nonmetropolitan areas appears moderately concentrated, with a total local workforce of 360 professionals. The Location Quotient of 1.2 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not booming, demand for their expertise within the region's economic structure.
2024 Market Data

Salary Overview

$73,950

The average Cost Estimators in South Central Wisconsin nonmetropolitan area earns-11.1%below the national average.

BreakdownBased on 40h/week
Hourly

$35.6

Weekly

$1,422

Monthly

$6,163

Cost Estimators Salary Distribution in South Central Wisconsin nonmetropolitan area

Salary progression for Cost Estimators is significantly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while senior estimators with extensive project portfolios and advanced certifications can command salaries well above the average. The percentile gaps in salary distribution clearly signify the career trajectory and the increasing value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,460$22.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,463$26.7
ManagerOversees team, compliance, and project delivery.50% (Median)$66,960$32.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$92,438$44.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$105,550$50.7

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$73,950

Gross Pay

Real Wage (Purchasing Power)

$73,950

Adjusted for COL (100)

The nominal average salary of $73,950 in South Central Wisconsin's nonmetropolitan area aligns perfectly with the national average cost of living, indicated by an index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent, making the region's compensation relatively stable in terms of real value.

Job Market Context

360

Total Jobs

1.705

Per 1K Jobs

1.2

Location Quotient

Above Average

With a location quotient of 1.20, South Central Wisconsin nonmetropolitan area has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

With a Location Quotient of 1.2, the South Central Wisconsin nonmetropolitan area exhibits a concentration of Cost Estimator roles that is 20% higher than the national average. This suggests a moderately competitive market where employers may have a slightly easier time finding qualified candidates, but the demand still warrants a presence of these specialized roles.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near South Central Wisconsin nonmetropolitan area

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in South Central Wisconsin nonmetropolitan area?

The median annual salary for a Cost Estimators in South Central Wisconsin nonmetropolitan area is $73,950. This typically ranges from $46,460 for entry-level positions to $105,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Central Wisconsin nonmetropolitan area is 11.1% lower than the national median of $83,140.

Is South Central Wisconsin nonmetropolitan area a lucrative place for Cost Estimators?

No, not exceptionally lucrative compared to national averages.While the average salary of $73,950 is solid, it falls below the national average of $83,140. However, the cost of living being at the national average means the purchasing power is equivalent.

Is South Central Wisconsin nonmetropolitan area a good place to live for Cost Estimators?

The Cost of Living Index in South Central Wisconsin nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Central Wisconsin nonmetropolitan area?

Some top paying nearby cities include Wausau, WI ($78,510) and Oshkosh-Neenah, WI.

How does the Cost of Living in South Central Wisconsin compare to the national average?

The Cost of Living Index for the South Central Wisconsin nonmetropolitan area is 100, which is exactly the national average. This indicates that the general cost of goods and services is comparable to the rest of the country.

What is the concentration of Cost Estimators in this region?

The Location Quotient for Cost Estimators in this area is 1.2, meaning there are 20% more Cost Estimators employed here relative to the national average concentration.

How many Cost Estimators are there in South Central Wisconsin?

The total local workforce for Cost Estimators in the South Central Wisconsin nonmetropolitan area consists of approximately 360 professionals.

What is the job density for Cost Estimators in this region?

There are 1.705 Cost Estimator jobs per 1,000 workers in the South Central Wisconsin nonmetropolitan area, indicating a moderate level of job availability.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the South Central Wisconsin nonmetropolitan area area with a job density of 1.705 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.