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Average Cost Estimators Salary in Winston-Salem, NC

In Winston-Salem, NC, Cost Estimators earn an average annual salary of $73,280. This figure is notably below the national average of $83,140, indicating that local market dynamics and potentially industry-specific demand in the Winston-Salem area influence compensation levels for this role.

Executive Summary

  • Average Salary: $73,280 per year.
  • Growth Trend: Salaries have shifted 20.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $108,660.
  • Outlook: With a local workforce of 350 Cost Estimators and a Location Quotient of 0.89, Winston-Salem presents a moderately concentrated but not overwhelmingly saturated market for this profession. The presence of 1.264 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand, indicating a stable job market for skilled professionals in this field.
2024 Market Data

Salary Overview

$73,280

The average Cost Estimators in Winston-Salem, NC earns-11.9%below the national average.

BreakdownBased on 40h/week
Hourly

$35.2

Weekly

$1,409

Monthly

$6,107

Cost Estimators Salary Distribution in Winston-Salem, NC

Salary progression for Cost Estimators in Winston-Salem, 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 command significantly higher salaries. The widening gap between the 25th and 75th percentile salaries clearly signifies the career advancement and earning potential available through accumulating expertise.

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)$54,960$26.4
ManagerOversees team, compliance, and project delivery.50% (Median)$71,330$34.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$91,600$44
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$108,660$52.2

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$73,280

Gross Pay

Real Wage (Purchasing Power)

$73,280

Adjusted for COL (100)

The average annual salary of $73,280 in Winston-Salem aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Cost Estimator's salary in Winston-Salem is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services in the area.

Job Market Context

350

Total Jobs

1.264

Per 1K Jobs

0.89

Location Quotient

Below Average

Winston-Salem, NC has 0.89x 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 0.89 suggests that Winston-Salem has a slightly lower concentration of Cost Estimators compared to the national average. This indicates that while the profession is present and has a stable job market, it is not a primary hub for this specific role, potentially offering a balanced competitive landscape for job seekers.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Greensboro-High Point, NC Cost Estimators Salary$72,370↓ 1%23 mi
Eastern North Carolina nonmetropolitan area Cost Estimators Salary$69,680↓ 5%41 mi
Western North Carolina nonmetropolitan area Cost Estimators Salary$68,490↓ 7%41 mi
Central North Carolina nonmetropolitan area Cost Estimators Salary$70,160↓ 4%41 mi
Burlington, NC Cost Estimators Salary$66,280↓ 10%43 mi

Comparing salaries near Winston-Salem, NC

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Winston-Salem, NC?

The median annual salary for a Cost Estimators in Winston-Salem, NC is $73,280. This typically ranges from $42,740 for entry-level positions to $108,660 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Winston-Salem, NC is 11.9% lower than the national median of $83,140.

Is Winston-Salem, NC a lucrative place for Cost Estimators?

No, not exceptionally lucrative compared to the national average.While the average salary of $73,280 is solid, it falls below the national average of $83,140. However, the cost of living being at the national average means the salary's purchasing power is equivalent.

Is Winston-Salem, NC a good place to live for Cost Estimators?

The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Winston-Salem, NC?

Some top paying nearby cities include Greensboro-High Point, NC ($72,370) and Eastern North Carolina nonmetropolitan area.

What is the average salary for a Cost Estimator in Winston-Salem, NC?

The average annual salary for a Cost Estimator in Winston-Salem, NC is $73,280.

How does Winston-Salem's Cost Estimator salary compare to the national average?

The average salary in Winston-Salem ($73,280) is lower than the national average ($83,140).

What is the Cost of Living in Winston-Salem, NC?

Winston-Salem, NC has a Cost of Living Index of 100, which is exactly the national average.

How concentrated is the Cost Estimator job market in Winston-Salem?

The job market for Cost Estimators in Winston-Salem is moderately concentrated, with a Location Quotient of 0.89, indicating slightly less concentration than the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Winston-Salem, NC area with a job density of 1.264 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Winston-Salem, NC