Average Cost Estimators Salary in Topeka, KS
Cost Estimators in Topeka, KS earn an average annual salary of $77,750, which is slightly below the national average of $83,140. This localized pay rate is influenced by a combination of regional economic factors and the specific demand within the Topeka metropolitan area for these critical roles. Understanding these dynamics is key for professionals in the field.
Executive Summary
- Average Salary: $77,750 per year.
- Growth Trend: Salaries have shifted 16.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $109,990.
- Outlook: With a total local workforce of 200 Cost Estimators, Topeka presents a moderately sized, yet concentrated, job market. The Location Quotient of 1.26 indicates a higher concentration of these professionals compared to the national average, suggesting a stable and potentially growing demand for their specialized skills within the region's industries.
Salary Overview
The average Cost Estimators in Topeka, KS earns-6.5%below the national average.
$37.4
$1,495
$6,479
Cost Estimators Salary Trends (2020-2024)
While specific historical data for Topeka's Cost Estimator salaries over the last four years is not provided, it is reasonable to assume a general upward trend mirroring national patterns. Economic growth, inflation, and increasing demand for accurate cost analysis in construction and manufacturing typically drive salary increases for skilled professionals in this field.
Cost Estimators Salary Distribution in Topeka, KS
Salary progression for Cost Estimators in Topeka, as elsewhere, is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while senior estimators with extensive project experience and specialized knowledge can command significantly higher salaries, often reaching into the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,090 | $23.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,313 | $28 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,050 | $36.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,188 | $46.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $109,990 | $52.9 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$77,750
Gross Pay
Real Wage (Purchasing Power)
$77,750
Adjusted for COL (100)
The average annual salary of $77,750 in Topeka aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Cost Estimator's salary in Topeka is equivalent to the national average, offering a stable financial environment for residents without the premium often associated with higher cost-of-living areas.
Job Market Context
200
Total Jobs
1.787
Per 1K Jobs
1.26
Location Quotient
With a location quotient of 1.26, Topeka, KS has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.
A Location Quotient of 1.26 for Cost Estimators in Topeka signifies a notable concentration of these professionals relative to the national average. This suggests that the job market here is more robust or specialized than in many other areas, potentially offering more opportunities and a competitive environment for skilled individuals.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Lawrence, KS Cost Estimators Salary | $81,210↑ 4% | 24 mi |
| Manhattan, KS Cost Estimators Salary | $78,940↑ 2% | 50 mi |
| Kansas City, MO-KS Cost Estimators Salary | $81,130↑ 4% | 60 mi |
| Kansas nonmetropolitan area Cost Estimators Salary | $67,140↓ 14% | 66 mi |
| St. Joseph, MO-KS Cost Estimators Salary | $84,020↑ 8% | 68 mi |
Comparing salaries near Topeka, KS
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Topeka, KS?
The median annual salary for a Cost Estimators in Topeka, KS is $77,750. This typically ranges from $48,090 for entry-level positions to $109,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Topeka, KS is 6.5% lower than the national median of $83,140.
Is Topeka, KS a lucrative place for Cost Estimators?
Yes, with a stable cost of living.While the average salary is slightly below the national benchmark, Topeka's Cost Estimators benefit from a cost of living that matches the national average, ensuring strong purchasing power. The higher-than-average concentration of these roles also points to a healthy local demand.
Is Topeka, KS a good place to live for Cost Estimators?
The Cost of Living Index in Topeka, KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Topeka, KS?
Some top paying nearby cities include Lawrence, KS ($81,210) and Manhattan, KS.
How does Topeka's Cost Estimator salary compare to the national average?
The average annual salary for Cost Estimators in Topeka, KS is $77,750, which is approximately 6.4% lower than the national average of $83,140.
What is the concentration of Cost Estimators in Topeka?
Topeka has a higher concentration of Cost Estimators than the national average, indicated by a Location Quotient of 1.26. This suggests a specialized job market in the region.
How does the cost of living in Topeka affect salary value?
Topeka's Cost of Living Index is 100, matching the national average. This means the $77,750 salary offers purchasing power equivalent to the national average, making it a financially stable location.
What does the total workforce size imply for job seekers?
With 200 Cost Estimators locally, the workforce is of moderate size. The higher Location Quotient suggests that while the absolute number might seem modest, the relative demand and specialization within Topeka are significant.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Topeka, KS area with a job density of 1.787 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Cost Estimators Salaries by State
Top Jobs in Topeka, KS
- All Occupations Salary in Topeka, KS
- Office and Administrative Support Occupations Salary in Topeka, KS
- Transportation and Material Moving Occupations Salary in Topeka, KS
- Food Preparation and Serving Related Occupations Salary in Topeka, KS
- Healthcare Practitioners and Technical Occupations Salary in Topeka, KS
- Business and Financial Operations Occupations Salary in Topeka, KS
- Sales and Related Occupations Salary in Topeka, KS
- Healthcare Support Occupations Salary in Topeka, KS
- Production Occupations Salary in Topeka, KS
- Educational Instruction and Library Occupations Salary in Topeka, KS
- Browse All Jobs in Topeka, KS →
Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Topeka, KS