Average Cost Estimators Salary in Southwest New York nonmetropolitan area
Cost Estimators in the Southwest New York nonmetropolitan area earn an average annual salary of $73,850. This figure is notably below the national average of $83,140, suggesting that regional economic factors and industry demand play a significant role in compensation within this specific locale. The lower average pay may be influenced by the cost of doing business and the overall economic landscape of nonmetropolitan regions.
Executive Summary
- Average Salary: $73,850 per year.
- Growth Trend: Salaries have shifted 20.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $113,520.
- Outlook: The job market for Cost Estimators in the Southwest New York nonmetropolitan area appears stable, with a total local workforce of 210 professionals. The Location Quotient of 0.82 indicates a slightly lower concentration of these roles compared to the national average, suggesting a moderate but not saturated demand for their expertise within the region.
Salary Overview
The average Cost Estimators in Southwest New York nonmetropolitan area earns-11.2%below the national average.
$35.5
$1,420
$6,154
Cost Estimators Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Cost Estimators nationwide have experienced steady growth over the past four years, driven by inflation, increased demand for accurate project budgeting, and the evolving complexity of construction and manufacturing projects. This trend likely extends to the Southwest New York region, albeit potentially at a different pace.
Cost Estimators Salary Distribution in Southwest New York nonmetropolitan area
Salary progression for Cost Estimators typically scales with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior estimators with extensive project portfolios and specialized knowledge can command significantly higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior roles reflects the value placed on accumulated expertise and proven track records in accurate cost forecasting.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,070 | $19.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,388 | $26.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,750 | $33.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,313 | $44.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $113,520 | $54.6 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$73,850
Gross Pay
Real Wage (Purchasing Power)
$73,850
Adjusted for COL (100)
The nominal average salary of $73,850 in the Southwest New York nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Cost Estimator's salary in this region is equivalent to that of a Cost Estimator earning the national average salary in a national average cost-of-living area.
Job Market Context
210
Total Jobs
1.165
Per 1K Jobs
0.82
Location Quotient
Southwest New York nonmetropolitan area has 0.82x 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.
With a Location Quotient of 0.82, the Southwest New York nonmetropolitan area has a slightly lower concentration of Cost Estimators than the national average. This suggests that while the profession is present and necessary, the market is not oversaturated, potentially offering a stable environment for skilled professionals without intense competition from a large pool of peers.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Cost Estimators Salary | $79,650↑ 8% | 49 mi |
| Kingston, NY Cost Estimators Salary | $80,810↑ 9% | 51 mi |
| Scranton--Wilkes-Barre, PA Cost Estimators Salary | $76,370↑ 3% | 64 mi |
| Utica-Rome, NY Cost Estimators Salary | $75,740↑ 3% | 66 mi |
| Albany-Schenectady-Troy, NY Cost Estimators Salary | $85,910↑ 16% | 68 mi |
Comparing salaries near Southwest New York nonmetropolitan area
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Southwest New York nonmetropolitan area?
The median annual salary for a Cost Estimators in Southwest New York nonmetropolitan area is $73,850. This typically ranges from $40,070 for entry-level positions to $113,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest New York nonmetropolitan area is 11.2% lower than the national median of $83,140.
Is Southwest New York nonmetropolitan area a lucrative place for Cost Estimators?
No, not particularly lucrative compared to the national average.The average salary of $73,850 is below the national average of $83,140, indicating less lucrative compensation. However, the cost of living being at the national average means the salary's purchasing power is standard.
Is Southwest New York nonmetropolitan area a good place to live for Cost Estimators?
The Cost of Living Index in Southwest New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest New York nonmetropolitan area?
Some top paying nearby cities include Binghamton, NY ($79,650) and Kingston, NY.
How does the number of Cost Estimators in Southwest New York compare nationally?
There are approximately 1.165 Cost Estimator jobs per 1,000 workers in the Southwest New York nonmetropolitan area, which is slightly below the national average, reflecting a moderate presence of the profession.
What is the total number of Cost Estimators in this region?
The total local workforce for Cost Estimators in the Southwest New York nonmetropolitan area consists of 210 professionals.
Does experience significantly impact a Cost Estimator's salary in this area?
Yes, as in most fields, experience is a key driver of salary for Cost Estimators, with senior professionals earning substantially more than those starting their careers.
How does the cost of living affect the salary of a Cost Estimator in Southwest New York?
The cost of living in the Southwest New York nonmetropolitan area is at the national average (100), meaning the $73,850 salary has standard purchasing power relative to national averages.
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 Southwest New York nonmetropolitan area area with a job density of 1.165 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 Southwest New York nonmetropolitan area