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Average Cost Estimators Salary in Texas

Cost Estimators in Texas earn an average annual salary of $79,210, which is slightly below the national average of $83,140. This difference can be attributed to a combination of factors, including the state's specific industry demands and a cost of living that is more favorable than the national benchmark.

Executive Summary

  • Average Salary: $79,210 per year.
  • Growth Trend: Salaries have shifted 8.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,370.
  • Outlook: With a substantial local workforce of 21,810 Cost Estimators, Texas demonstrates a significant presence in this profession. The location quotient of 1.11 indicates a concentration of these roles slightly above the national average, suggesting a robust and stable job market with consistent demand for skilled professionals in the state.
2024 Market Data

Salary Overview

$79,210

The average Cost Estimators in Texas earns-4.7%below the national average.

BreakdownBased on 40h/week
Hourly

$38.1

Weekly

$1,523

Monthly

$6,601

Cost Estimators Salary Distribution in Texas

Salary progression for Cost Estimators in Texas typically correlates with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive project experience and specialized knowledge can command salaries in the higher percentiles. The increasing salary gaps between experience levels signify clear opportunities for career advancement and higher earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,740$20.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$59,408$28.6
ManagerOversees team, compliance, and project delivery.50% (Median)$74,930$36
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$99,013$47.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$126,370$60.8

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$79,210

Gross Pay

Real Wage (Purchasing Power)

$85,172

Adjusted for COL (93)

The nominal average salary of $79,210 in Texas presents a favorable financial picture when considering the local Cost of Living Index of 93. This index, being below the national average of 100, suggests that the purchasing power of a Cost Estimator's salary in Texas is likely higher than the national average, allowing for a comfortable lifestyle.

Job Market Context

21,810

Total Jobs

1.575

Per 1K Jobs

1.11

Location Quotient

Above Average

With a location quotient of 1.11, Texas has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

A location quotient of 1.11 for Cost Estimators in Texas signifies that the state has a slightly higher concentration of these professionals compared to the national average. This suggests a competitive yet accessible job market, where demand is present and potentially growing, offering good opportunities for both new entrants and experienced individuals.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near Texas

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Frequently Asked Questions

How much does a Cost Estimators make in Texas?

The median annual salary for a Cost Estimators in Texas is $79,210. This typically ranges from $42,740 for entry-level positions to $126,370 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Texas is 4.7% lower than the national median of $83,140.

Is Texas a lucrative place for Cost Estimators?

Yes, Texas offers a good financial standing for Cost Estimators.While the average salary is slightly below the national average, the lower cost of living index means your earnings likely have greater purchasing power in Texas.

Is Texas a good place to live for Cost Estimators?

With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Texas?

Some top paying nearby cities include Killeen-Temple, TX ($72,480) and Waco, TX.

How does the Texas job market compare to the national average for Cost Estimators?

Texas has a slightly higher concentration of Cost Estimators than the national average, indicated by a location quotient of 1.11, suggesting a healthy and active job market.

What is the average salary for a Cost Estimator in Texas?

The average annual salary for a Cost Estimator in Texas is $79,210.

How does the cost of living in Texas affect a Cost Estimator's salary?

With a cost of living index of 93 (below the national average of 100), the $79,210 salary in Texas offers a strong purchasing power, making it financially advantageous.

What is the total number of Cost Estimators in Texas?

There are approximately 21,810 Cost Estimators working in Texas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 21,810 employees in the Texas area with a job density of 1.575 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.