Average Cost Estimators Salary in Tampa-St. Petersburg-Clearwater, FL
Cost Estimators in the Tampa-St. Petersburg-Clearwater, FL area earn an average annual salary of $79,990. This figure is slightly below the national average of $83,140, suggesting a localized compensation structure influenced by regional economic factors and the specific demand within the Florida market. While not reaching the national benchmark, the Tampa area offers a competitive environment for these crucial roles.
Executive Summary
- Average Salary: $79,990 per year.
- Growth Trend: Salaries have shifted 23.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $121,280.
- Outlook: With a local workforce of 1,910 Cost Estimators and a Location Quotient of 0.93, the Tampa-St. Petersburg-Clearwater metropolitan area demonstrates a robust, albeit slightly below national average, concentration of these professionals. The presence of over 1,900 individuals in this specialized field indicates a stable demand and a well-established professional community, suggesting a healthy job market for skilled Cost Estimators.
Salary Overview
The average Cost Estimators in Tampa-St. Petersburg-Clearwater, FL earns-3.8%below the national average.
$38.5
$1,538
$6,666
Cost Estimators Salary Trends (2020-2024)
While specific historical data for Tampa's Cost Estimator salaries is not provided, it is reasonable to assume a general upward trend mirroring national patterns over the past four years. Economic growth, inflation, and increasing demand for accurate cost projections in construction and project management likely contribute to salary increases, positioning Tampa's compensation for these roles to align more closely with broader market advancements.
Cost Estimators Salary Distribution in Tampa-St. Petersburg-Clearwater, FL
Salary progression for Cost Estimators in Tampa-St. Petersburg-Clearwater, FL, typically correlates strongly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive project portfolios and specialized knowledge can command significantly higher salaries, potentially reaching the 75th percentile and beyond. These percentile gaps clearly signify substantial career growth and earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,810 | $21.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,993 | $28.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,500 | $36.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $99,988 | $48.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $121,280 | $58.3 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$79,990
Gross Pay
Real Wage (Purchasing Power)
$79,990
Adjusted for COL (100)
The average annual salary of $79,990 for Cost Estimators in Tampa-St. Petersburg-Clearwater, FL, aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the nominal salary offers purchasing power equivalent to the national average, providing a stable financial footing for professionals relocating to or residing in the area.
Job Market Context
1,910
Total Jobs
1.327
Per 1K Jobs
0.93
Location Quotient
Tampa-St. Petersburg-Clearwater, FL has 0.93x 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.
A Location Quotient of 0.93 indicates that Cost Estimators are slightly less concentrated in the Tampa-St. Petersburg-Clearwater, FL area compared to the national average. This suggests a job market that is neither oversaturated nor exceptionally scarce, offering a balanced environment for job seekers and employers. While not a hotspot of concentrated talent, the steady presence of these professionals points to consistent demand and opportunities.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Lakeland-Winter Haven, FL Cost Estimators Salary | $78,470↓ 2% | 32 mi |
| North Florida nonmetropolitan area Cost Estimators Salary | $77,500↓ 3% | 49 mi |
| South Florida nonmetropolitan area Cost Estimators Salary | $75,400↓ 6% | 49 mi |
| Homosassa Springs, FL Cost Estimators Salary | $57,950↓ 28% | 60 mi |
| Wildwood-The Villages, FL Cost Estimators Salary | $72,380↓ 10% | 63 mi |
Comparing salaries near Tampa-St. Petersburg-Clearwater, FL
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Frequently Asked Questions
How much does a Cost Estimators make in Tampa-St. Petersburg-Clearwater, FL?
The median annual salary for a Cost Estimators in Tampa-St. Petersburg-Clearwater, FL is $79,990. This typically ranges from $44,810 for entry-level positions to $121,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tampa-St. Petersburg-Clearwater, FL is 3.8% lower than the national median of $83,140.
Is Tampa-St. Petersburg-Clearwater, FL a lucrative place for Cost Estimatorss?
No, but it is competitive.The average salary of $79,990 is slightly below the national average, but the Cost of Living Index of 100 means your earnings have equivalent purchasing power. The market shows a stable concentration of professionals, indicating consistent demand.
Is Tampa-St. Petersburg-Clearwater, FL a good place to live for Cost Estimators?
The Cost of Living Index in Tampa-St. Petersburg-Clearwater, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Tampa-St. Petersburg-Clearwater, FL?
Some top paying nearby cities include Lakeland-Winter Haven, FL ($78,470) and North Florida nonmetropolitan area.
How does the Tampa Cost Estimator salary compare to the national average?
The average annual salary for Cost Estimators in Tampa-St. Petersburg-Clearwater, FL is $79,990, which is slightly lower than the national average of $83,140.
What is the Cost of Living in Tampa-St. Petersburg-Clearwater, FL?
The Cost of Living Index for Tampa-St. Petersburg-Clearwater, FL is 100, which is exactly the national average. This means the purchasing power of your salary is equivalent to the national average.
How many Cost Estimators work in the Tampa area?
There are approximately 1,910 Cost Estimators employed in the Tampa-St. Petersburg-Clearwater, FL metropolitan area.
Is the job market for Cost Estimators in Tampa growing?
While specific growth rates aren't provided, the stable workforce size and a Location Quotient near the national average suggest a consistent and healthy demand for Cost Estimators in the Tampa area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,910 employees in the Tampa-St. Petersburg-Clearwater, FL area with a job density of 1.327 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 Tampa-St. Petersburg-Clearwater, FL