The annual salary statistics of cost estimators in Baltimore-Towson, Maryland is shown in Table 1. The wage data of cost estimators in Baltimore-Towson 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 | $47,860 |
| 25th Percentile Wage | $57,150 |
| 50th Percentile Wage | $74,980 |
| 75th Percentile Wage | $96,840 |
| 90th Percentile Wage | $114,690 |
Table 1 shows the average annual salary for cost estimators in Baltimore-Towson, Maryland in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $114,690. The median (50th percentile) annual salary is $74,980. The average annual salary for the bottom 10 percent earners is $47,860.
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 | $74,980 | 2.31% | 11.12% |
| 2021 | $73,250 | -1.28% | - |
| 2020 | $74,190 | 3.48% | - |
| 2019 | $71,610 | 6.40% | - |
| 2018 | $67,030 | 1.94% | - |
| 2017 | $65,730 | 1.81% | - |
| 2016 | $64,540 | -3.92% | - |
| 2015 | $67,070 | -1.01% | - |
| 2014 | $67,750 | -4.44% | - |
| 2013 | $70,760 | 5.82% | - |
| 2012 | $66,640 | - | - |
From Table 3 we note that with a median annual salary of $74,980, Baltimore-Towson is the second highest paying city for cost estimators in state of Maryland, following the highest paying city California-Lexington Park (median annual salary of $82,300). Compared with California-Lexington Park, the median annual salary of cost estimators in Baltimore-Towson is 8.9 percent (8.9%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| California-Lexington Park | |
| Baltimore-Towson | |
| Bethesda-Rockville-Frederick | |
| Maryland nonmetropolitan area | |
| Salisbury | |
| Upper Eastern Shore nonmetropolitan area | |
| St Marys County |