Average Cost Estimators Salary in Southeast-Central Idaho nonmetropolitan area
Cost Estimators in the Southeast-Central Idaho nonmetropolitan area earn an impressive average annual salary of $91,620, significantly surpassing the national average of $83,140. This elevated compensation is likely driven by a specialized demand within the region's unique economic landscape, where the need for precise cost analysis is particularly acute.
Executive Summary
- Average Salary: $91,620 per year.
- Growth Trend: Salaries have shifted 43.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $168,590.
- Outlook: The local job market for Cost Estimators in Southeast-Central Idaho appears robust, evidenced by a total workforce of 210 professionals. The Location Quotient of 1.52 indicates a concentration of these roles that is 52% higher than the national average, suggesting a strong and sustained demand for their expertise within this nonmetropolitan region.
Salary Overview
The average Cost Estimators in Southeast-Central Idaho nonmetropolitan area earns+10.2%above the national average.
$44.1
$1,762
$7,635
Cost Estimators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Cost Estimators in Southeast-Central Idaho have experienced steady growth over the past four years, mirroring national trends. This growth is typically fueled by increasing project complexity, inflation, and the ever-present need for accurate financial projections in various industries.
Cost Estimators Salary Distribution in Southeast-Central Idaho nonmetropolitan area
Career progression for Cost Estimators typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, develop specialized skills, and take on more complex projects, their earning potential escalates considerably, reaching higher percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,600 | $20 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,715 | $33 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,400 | $38.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $114,525 | $55.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $168,590 | $81.1 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$91,620
Gross Pay
Real Wage (Purchasing Power)
$91,620
Adjusted for COL (100)
The average annual salary of $91,620 in Southeast-Central Idaho aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Cost Estimator's salary in this region is equivalent to the national standard, offering a stable financial footing for residents.
Job Market Context
210
Total Jobs
2.166
Per 1K Jobs
1.52
Location Quotient
Southeast-Central Idaho nonmetropolitan area has 1.5x the national concentration of Cost Estimators jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.52 signifies that Cost Estimators are more concentrated in Southeast-Central Idaho than in the nation overall. This suggests a specialized market where employers may need to offer competitive salaries to attract and retain talent, as the pool of available professionals is relatively denser compared to national benchmarks.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Boise City, ID Cost Estimators Salary | $89,630↓ 2% | 96 mi |
Comparing salaries near Southeast-Central Idaho nonmetropolitan area
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Southeast-Central Idaho nonmetropolitan area?
The median annual salary for a Cost Estimators in Southeast-Central Idaho nonmetropolitan area is $91,620. This typically ranges from $41,600 for entry-level positions to $168,590 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southeast-Central Idaho nonmetropolitan area is 10.2% higher than the national median of $83,140.
Is Southeast-Central Idaho nonmetropolitan area a lucrative place for Cost Estimatorss?
Yes, it is a lucrative area for Cost Estimators.The average salary significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong purchasing power.
Is Southeast-Central Idaho nonmetropolitan area a good place to live for Cost Estimators?
The Cost of Living Index in Southeast-Central Idaho nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southeast-Central Idaho nonmetropolitan area?
Some top paying nearby cities include Boise City, ID ($89,630) and others.
How does the local job market compare to the national average for Cost Estimators?
The local job market shows a higher concentration of Cost Estimators, with a Location Quotient of 1.52, indicating greater demand relative to the national average.
What is the significance of the Jobs per 1,000 Workers metric?
The 2.166 jobs per 1,000 workers metric suggests that for every thousand individuals in the local workforce, over two are employed as Cost Estimators, highlighting the role's presence in the region.
Does experience impact a Cost Estimator's salary in this region?
Yes, like most professions, experience is a key driver of salary for Cost Estimators, with senior roles commanding higher compensation than entry-level positions.
How does the cost of living affect the value of a Cost Estimator's salary?
With a Cost of Living Index of 100, the national average, the $91,620 salary in Southeast-Central Idaho offers purchasing power equivalent to the national average, making it a financially stable location.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Southeast-Central Idaho nonmetropolitan area area with a job density of 2.166 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 Southeast-Central Idaho nonmetropolitan area