The annual salary statistics of cost estimators in Lafayette-West Lafayette, Indiana is shown in Table 1. The wage information of cost estimators in Lafayette-West Lafayette 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 | $39,440 |
| 25th Percentile Wage | $50,400 |
| 50th Percentile Wage | $67,960 |
| 75th Percentile Wage | $86,600 |
| 90th Percentile Wage | $105,870 |
Table 1 shows the average annual salary for cost estimators in Lafayette-West Lafayette, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $105,870. The median (50th percentile) annual salary is $67,960. The average annual salary for the bottom 10 percent earners is $39,440.
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 | $67,960 | -2.30% | 8.62% |
| 2021 | $69,520 | 0.12% | - |
| 2020 | $69,440 | 9.04% | - |
| 2019 | $63,160 | 8.53% | - |
| 2018 | $57,770 | -4.79% | - |
| 2017 | $60,540 | -2.58% | - |
| 2016 | $62,100 | 4.32% | - |
| 2015 | $59,420 | -4.51% | - |
| 2012 | $62,100 | - | - |
From Table 3 we note that with a median annual salary of $67,960, Lafayette-West Lafayette is the second highest paying city for cost estimators in state of Indiana, following the highest paying city Indianapolis-Carmel (median annual salary of $68,650). Compared with Indianapolis-Carmel, the median annual salary of cost estimators in Lafayette-West Lafayette is 1.0 percent (1.0%) lower.
| 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 |