The annual salary statistics of cost estimators in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage statistics of cost estimators in Grand Rapids-Wyoming 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 | $38,200 |
| 25th Percentile Wage | $51,880 |
| 50th Percentile Wage | $67,740 |
| 75th Percentile Wage | $81,120 |
| 90th Percentile Wage | $100,340 |
Table 1 shows the average annual salary for cost estimators in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $100,340. The median (50th percentile) annual salary is $67,740. The average annual salary for the bottom 10 percent earners is $38,200.
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 | $67,740 | 9.11% | 11.18% |
| 2021 | $61,570 | 3.74% | - |
| 2020 | $59,270 | 1.08% | - |
| 2019 | $58,630 | 4.54% | - |
| 2018 | $55,970 | 0.50% | - |
| 2017 | $55,690 | -1.22% | - |
| 2016 | $56,370 | -2.93% | - |
| 2015 | $58,020 | -4.81% | - |
| 2014 | $60,810 | -3.96% | - |
| 2013 | $63,220 | 4.82% | - |
| 2012 | $60,170 | - | - |
From Table 3 we note that the median annual salary of $67,740 in Grand Rapids-Wyoming is in the middle of salary range for cost estimators in state of Michigan. In comparison, the annual salary of cost estimators in Grand Rapids-Wyoming is 9.8 percent (9.8%) lower than that in the highest paying Jackson and 22.5 percent (22.5%) higher than that in the lowest paying Holland-Grand Haven.