The salary statistics of cost estimators are shown in Table 1. In the next few tables we compare the average salaries of cost estimators within different industry sectors and in the 50 states of the United States. The cost estimators annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 .
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage|| |
|25th Percentile Wage|| |
|50th Percentile Wage|| |
|75th Percentile Wage|| |
|90th Percentile Wage|| |
Table 1 shows the average annual salary for cost estimators. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) cost estimators is $103,250. The median annual salary (50th percentile) is $61,790. The average annual salary for the bottom 10 percent is $35,870. We note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 187% higher than that of the bottom 10 percent.
The following table and chart show the trend of the median salary of cost estimators from 2012 to 2016.
|Year||Median Salary||Yearly Growth||4-Year Growth|
The average salaries of cost estimators in 18 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for cost estimators occupations is the utilities sector with an annual salary $87,800. The lowest paying sector is the other services (except federal, state, and local government) sector (annual salary $53,450).
|Industry Sector||Median Annual Salary|
|Professional, Scientific, and Technical Services|| |
|Federal, State, and Local Government|| |
|Management of Companies and Enterprises|| |
|Finance and Insurance|| |
|Educational Services|| |
|Real Estate and Rental and Leasing|| |
|Health Care and Social Assistance|| |
|Administrative and Support and Waste Management and Remediation Services|| |
|Transportation and Warehousing|| |
|Wholesale Trade|| |
|Agriculture, Forestry, Fishing and Hunting|| |
|Retail Trade|| |
|Other Services (except Federal, State, and Local Government)|| |
From the above tables we note that not only cost estimators salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of cost estimators in all 50 states of the United States. We note that the median annual salaries range from $31,060 to $88,110. The highest paying state for cost estimators is Alaska with a median annual salary of $88,110. The lowest paying state is Puerto Rico with a median annual salary of $31,060. For more salary information of cost estimators profession in a specific state, use the links in the table.
|State Name||Median Annual Salary|
|District of Columbia|| |
|New Jersey|| |
|New Hampshire|| |
|New York|| |
|Rhode Island|| |
|West Virginia|| |
|North Carolina|| |
|North Dakota|| |
|South Carolina|| |
|New Mexico|| |
|South Dakota|| |
|Puerto Rico|| |