Average Cost Estimators Salary in Upper East Mississippi nonmetropolitan area
Cost Estimators in the Upper East Mississippi nonmetropolitan area earn an average annual salary of $66,020. This figure is notably below the national average of $83,140, reflecting regional economic factors and a smaller, more localized demand for specialized roles. The specific economic landscape and industry concentration within this nonmetropolitan region directly influence compensation levels for this profession.
Executive Summary
- Average Salary: $66,020 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $99,580.
- Outlook: The job market for Cost Estimators in Upper East Mississippi is characterized by a modest workforce of 220 professionals. With a Location Quotient of 0.73, the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding demand. The presence of 1.037 jobs per 1,000 workers indicates a consistent, albeit niche, presence within the local economy.
Salary Overview
The average Cost Estimators in Upper East Mississippi nonmetropolitan area earns-20.6%below the national average.
$31.7
$1,270
$5,502
Cost Estimators Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that Cost Estimator salaries in Upper East Mississippi have experienced gradual growth over the past four years, mirroring national trends. Economic development and increased construction or manufacturing activity in similar regions typically drive modest salary increases for specialized roles like cost estimation.
Cost Estimators Salary Distribution in Upper East Mississippi nonmetropolitan area
Career progression for Cost Estimators typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior estimators with extensive project experience and proven accuracy can command salaries well into the higher percentiles. The widening gap between entry-level and senior roles signifies substantial earning potential as expertise and responsibility grow within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,390 | $17.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $49,515 | $23.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,990 | $30.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $82,525 | $39.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $99,580 | $47.9 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$66,020
Gross Pay
Real Wage (Purchasing Power)
$66,020
Adjusted for COL (100)
The nominal average salary of $66,020 in Upper East Mississippi aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, making the cost of living a neutral factor in assessing the real value of the compensation.
Job Market Context
220
Total Jobs
1.037
Per 1K Jobs
0.73
Location Quotient
Upper East Mississippi nonmetropolitan area has 0.73x 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 0.73 indicates that Cost Estimators are slightly less concentrated in the Upper East Mississippi nonmetropolitan area compared to the national average. This suggests that while the profession is present, it is not a dominant industry, potentially leading to a more competitive job market for highly skilled individuals or fewer opportunities overall compared to more concentrated regions.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Jackson, MS Cost Estimators Salary | $74,060↑ 12% | 43 mi |
Comparing salaries near Upper East Mississippi nonmetropolitan area
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Frequently Asked Questions
How much does a Cost Estimators make in Upper East Mississippi nonmetropolitan area?
The median annual salary for a Cost Estimators in Upper East Mississippi nonmetropolitan area is $66,020. This typically ranges from $36,390 for entry-level positions to $99,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Upper East Mississippi nonmetropolitan area is 20.6% lower than the national median of $83,140.
Is Upper East Mississippi nonmetropolitan area a lucrative place for Cost Estimators?
No, it is not a particularly lucrative place for Cost Estimators.The average salary of $66,020 is significantly lower than the national average of $83,140, and the concentration of jobs (LQ of 0.73) is below the national average.
Is Upper East Mississippi nonmetropolitan area a good place to live for Cost Estimators?
The Cost of Living Index in Upper East Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Upper East Mississippi nonmetropolitan area?
Some top paying nearby cities include Jackson, MS ($74,060) and others.
How does the Upper East Mississippi salary compare to the national average?
The average salary for Cost Estimators in Upper East Mississippi is $66,020, which is substantially lower than the national average of $83,140.
What is the Cost of Living in Upper East Mississippi?
The Cost of Living Index in Upper East Mississippi is 100, which is exactly the national average, meaning it costs the same to live here as it does nationally.
How many Cost Estimators work in Upper East Mississippi?
There are approximately 220 Cost Estimators employed in the Upper East Mississippi nonmetropolitan area.
Is there high demand for Cost Estimators in this region?
With a Location Quotient of 0.73, the demand is slightly below the national average, indicating a stable but not exceptionally high demand for the role in this specific nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Upper East Mississippi nonmetropolitan area area with a job density of 1.037 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 Upper East Mississippi nonmetropolitan area