The annual salary statistics of cost estimators in Hickory-Lenoir-Morganton, North Carolina is shown in Table 1. The wage statistics of cost estimators in Hickory-Lenoir-Morganton 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 | $38,060 |
| 25th Percentile Wage | $45,690 |
| 50th Percentile Wage | $59,950 |
| 75th Percentile Wage | $79,470 |
| 90th Percentile Wage | $94,520 |
Table 1 shows the average annual salary for cost estimators in Hickory-Lenoir-Morganton, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $94,520. The median (50th percentile) annual salary is $59,950. The average annual salary for the bottom 10 percent earners is $38,060.
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 | $59,950 | 2.12% | 21.43% |
| 2021 | $58,680 | 18.68% | - |
| 2020 | $47,720 | -12.20% | - |
| 2019 | $53,540 | -3.31% | - |
| 2018 | $55,310 | 5.95% | - |
| 2017 | $52,020 | 4.42% | - |
| 2016 | $49,720 | -6.96% | - |
| 2015 | $53,180 | -1.58% | - |
| 2014 | $54,020 | 4.68% | - |
| 2013 | $51,490 | 8.53% | - |
| 2012 | $47,100 | - | - |
From Table 3 we note that the median annual salary of $59,950 in Hickory-Lenoir-Morganton is in the middle of salary range for cost estimators in state of North Carolina. In comparison, the annual salary of cost estimators in Hickory-Lenoir-Morganton is 20.2 percent (20.2%) lower than that in the highest paying Rocky Mount and 19.9 percent (19.9%) higher than that in the lowest paying Other North Carolina nonmetropolitan area.