The annual salary statistics of cost estimators in Indianapolis-Carmel, Indiana is shown in Table 1. The wage statistics of cost estimators in Indianapolis-Carmel is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $41,600 |
| 25th Percentile Wage | $52,000 |
| 50th Percentile Wage | $68,650 |
| 75th Percentile Wage | $89,660 |
| 90th Percentile Wage | $101,290 |
Table 1 shows the average annual salary for cost estimators in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $101,290. The median (50th percentile) annual salary is $68,650. The average annual salary for the bottom 10 percent earners is $41,600.
The table and chart below show the trend of the median salary of cost estimators from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $68,650 | 7.57% | 14.58% |
| 2021 | $63,450 | 6.07% | - |
| 2020 | $59,600 | -5.70% | - |
| 2019 | $63,000 | -5.97% | - |
| 2018 | $66,760 | -1.93% | - |
| 2017 | $68,050 | 7.30% | - |
| 2016 | $63,080 | 2.25% | - |
| 2015 | $61,660 | 2.82% | - |
| 2014 | $59,920 | -1.99% | - |
| 2013 | $61,110 | 4.04% | - |
| 2012 | $58,640 | - | - |
From Table 3 we note that with a median annual salary of $68,650, Indianapolis-Carmel is the highest paying city for cost estimators in state of Indiana, followed by Lafayette-West Lafayette (median annual salary $67,960). In comparison, the median annual salary of cost estimators in Indianapolis-Carmel is 1.0 percent (1.0%) higher than that in Lafayette-West Lafayette.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Lafayette-West Lafayette | |
| Gary | |
| Bloomington | |
| Fort Wayne | |
| Columbus | |
| Muncie | |
| Kokomo | |
| Central Indiana nonmetropolitan area | |
| Southern Indiana nonmetropolitan area | |
| Michigan City-La Porte | |
| Elkhart-Goshen | |
| Northern Indiana nonmetropolitan area | |
| Terre Haute | |
| Lafayette | |
| Anderson |