The annual salary statistics of cost estimators in Albany-Schenectady-Troy, New York is shown in Table 1. The wage information of cost estimators in Albany-Schenectady-Troy 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 | $31,800 |
| 25th Percentile Wage | $48,350 |
| 50th Percentile Wage | $67,080 |
| 75th Percentile Wage | $97,240 |
| 90th Percentile Wage | $123,090 |
Table 1 shows the average annual salary for cost estimators in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $123,090. The median (50th percentile) annual salary is $67,080. The average annual salary for the bottom 10 percent earners is $31,800.
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 | $67,080 | -13.83% | 4.99% |
| 2021 | $76,360 | 6.76% | - |
| 2020 | $71,200 | -3.57% | - |
| 2019 | $73,740 | 6.48% | - |
| 2018 | $68,960 | 3.02% | - |
| 2017 | $66,880 | 6.10% | - |
| 2016 | $62,800 | -3.52% | - |
| 2015 | $65,010 | -7.72% | - |
| 2014 | $70,030 | 7.20% | - |
| 2013 | $64,990 | 1.94% | - |
| 2012 | $63,730 | - | - |
From Table 3 we note that the median annual salary of $67,080 in Albany-Schenectady-Troy is in the middle of salary range for cost estimators in state of New York. In comparison, the annual salary of cost estimators in Albany-Schenectady-Troy is 15.1 percent (15.1%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 25.7 percent (25.7%) higher than that in the lowest paying Ithaca.