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Average Cost Estimators Salary in Western Wisconsin nonmetropolitan area

Cost Estimators in the Western Wisconsin nonmetropolitan area earn an average annual salary of $70,860. This figure is notably below the national average of $83,140, reflecting the unique economic dynamics and potentially lower demand for specialized roles in nonmetropolitan regions. Factors such as industry concentration and the overall economic output of the area contribute to this localized pay scale.

Executive Summary

  • Average Salary: $70,860 per year.
  • Growth Trend: Salaries have shifted 17.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,730.
  • Outlook: The Western Wisconsin nonmetropolitan area supports a dedicated workforce of 230 Cost Estimators. With a Location Quotient of 1.26, indicating a concentration 26% higher than the national average, there is a discernible local demand for these professionals. The presence of 1.8 Cost Estimators per 1,000 workers suggests a stable, albeit niche, job market that is slightly more robust than the national trend.
2024 Market Data

Salary Overview

$70,860

The average Cost Estimators in Western Wisconsin nonmetropolitan area earns-14.8%below the national average.

BreakdownBased on 40h/week
Hourly

$34.1

Weekly

$1,363

Monthly

$5,905

Cost Estimators Salary Distribution in Western Wisconsin nonmetropolitan area

Salary progression for Cost Estimators typically scales with experience. Entry-level positions may start at the lower end of the pay spectrum, while seasoned professionals with extensive project experience and specialized knowledge can command significantly higher salaries. The percentile gaps in compensation clearly signify career progression, rewarding accumulated expertise and demonstrated success in managing complex cost estimations.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,870$21.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$53,145$25.6
ManagerOversees team, compliance, and project delivery.50% (Median)$64,790$31.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$88,575$42.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$103,730$49.9

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$70,860

Gross Pay

Real Wage (Purchasing Power)

$70,860

Adjusted for COL (100)

The average annual salary of $70,860 in Western Wisconsin 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 location with a national average cost of living. Therefore, the nominal salary effectively translates to a comparable standard of living.

Job Market Context

230

Total Jobs

1.8

Per 1K Jobs

1.26

Location Quotient

Above Average

With a location quotient of 1.26, Western Wisconsin nonmetropolitan area 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 Western Wisconsin's nonmetropolitan area indicates a higher concentration of these professionals compared to the national average. This suggests that the job market is relatively specialized and potentially more competitive for new entrants, as local industries have a greater reliance on a concentrated pool of talent. However, it also points to a stable demand within the region.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near Western Wisconsin nonmetropolitan area

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Western Wisconsin nonmetropolitan area?

The median annual salary for a Cost Estimators in Western Wisconsin nonmetropolitan area is $70,860. This typically ranges from $43,870 for entry-level positions to $103,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Western Wisconsin nonmetropolitan area is 14.8% lower than the national median of $83,140.

Is Western Wisconsin nonmetropolitan area a lucrative place for Cost Estimators?

No, it is not as lucrative as the national average.While the Cost of Living is average, the nominal salary of $70,860 is below the national average of $83,140. The market is concentrated but does not offer premium compensation compared to national benchmarks.

Is Western Wisconsin nonmetropolitan area a good place to live for Cost Estimators?

The Cost of Living Index in Western Wisconsin nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Western Wisconsin nonmetropolitan area?

Some top paying nearby cities include Wausau, WI ($78,510) and Oshkosh-Neenah, WI.

How does the Cost of Living in Western Wisconsin compare nationally?

The Cost of Living Index in Western Wisconsin's nonmetropolitan area is 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the national average.

What is the concentration of Cost Estimators in this region?

The Location Quotient for Cost Estimators in this region is 1.26, indicating that the area has 26% more Cost Estimators relative to the national average workforce composition.

How many Cost Estimators are employed in Western Wisconsin?

There are approximately 230 Cost Estimators employed in the Western Wisconsin nonmetropolitan area.

What is the job density for Cost Estimators in this area?

There are 1.8 Cost Estimators employed for every 1,000 workers in the Western Wisconsin 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 230 employees in the Western Wisconsin nonmetropolitan area area with a job density of 1.8 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.