The annual salary statistics of cost estimators in Mankato-North Mankato, Minnesota is shown in Table 1. The wage data of cost estimators in Mankato-North Mankato 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 | $48,980 |
| 25th Percentile Wage | $58,740 |
| 50th Percentile Wage | $67,880 |
| 75th Percentile Wage | $76,420 |
| 90th Percentile Wage | $101,260 |
Table 1 shows the average annual salary for cost estimators in Mankato-North Mankato, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $101,260. The median (50th percentile) annual salary is $67,880. The average annual salary for the bottom 10 percent earners is $48,980.
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 | $67,880 | 8.19% | 23.36% |
| 2021 | $62,320 | 2.68% | - |
| 2020 | $60,650 | -4.57% | - |
| 2019 | $63,420 | 6.86% | - |
| 2018 | $59,070 | 5.18% | - |
| 2017 | $56,010 | 10.28% | - |
| 2016 | $50,250 | 1.29% | - |
| 2015 | $49,600 | -4.82% | - |
| 2014 | $51,990 | -0.12% | - |
| 2013 | $52,050 | 0.06% | - |
| 2012 | $52,020 | - | - |
From Table 3 we note that with a median annual salary of $67,880, Mankato-North Mankato is the second highest paying city for cost estimators in state of Minnesota, following the highest paying city Rochester (median annual salary of $71,540). Compared with Rochester, the median annual salary of cost estimators in Mankato-North Mankato is 5.1 percent (5.1%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Rochester | |
| Mankato-North Mankato | |
| Northeast Minnesota nonmetropolitan area | |
| Southwest Minnesota nonmetropolitan area | |
| Southeast Minnesota nonmetropolitan area | |
| St Cloud | |
| Northwest Minnesota nonmetropolitan area |