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Cost Estimator Salary Information in New Jersey

The average annual and hourly salaries for cost estimators in the state of New Jersey are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of cost estimators among New Jersey areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Cost Estimators in New Jersey

Percentile BracketAverage Annual Salary
10th Percentile Wage
$42,310
25th Percentile Wage
$54,300
50th Percentile Wage
$67,530
75th Percentile Wage
$91,150
90th Percentile Wage
$116,100

Table 1 shows the average annual salary for cost estimators in New Jersey in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $116,100. The median (50th percentile) annual salary is $67,530. The average annual salary for the bottom 10 percent is $42,310.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of cost estimators from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$67,530
2.89% -8.09%
2016
$65,580
-6.11% -
2015
$69,590
-5.78% -
2014
$73,610
-2.42% -
2013
$75,390
3.18% -
2012
$72,990
- -

Table 3. Median Annual Salary of Cost Estimators in New Jersey Cities

Table 3 shows the median annual salary of cost estimators in some New Jersey cities and metropolitan areas. We note that the median annual salary of cost estimators in state of New Jersey ranges from $60,150 to $78,880. The highest paying area for cost estimators in New Jersey is Ocean City with a median annual salary of $78,880. The second highest paying city/area in New Jersey State is Edison-New Brunswick (mean annual salary $72,770). The lowest paying area is Vineland-Millville-Bridgeton with a median annual salary of $60,150.

Cities/Areas Median Annual Salary
Ocean City
$78,880
Edison-New Brunswick
$72,770
Wilmington
$71,030
Camden
$70,750
Atlantic City-Hammonton
$67,200
Trenton-Ewing
$64,430
Vineland-Millville-Bridgeton
$60,150




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