The annual salary statistics of cost estimators in Newark-Union, Pennsylvania is shown in Table 1. The wage data of cost estimators in Newark-Union 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 | $43,930 |
| 25th Percentile Wage | $55,000 |
| 50th Percentile Wage | $67,750 |
| 75th Percentile Wage | $92,160 |
| 90th Percentile Wage | $114,590 |
Table 1 shows the average annual salary for cost estimators in Newark-Union, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $114,590. The median (50th percentile) annual salary is $67,750. The average annual salary for the bottom 10 percent earners is $43,930.
The table and chart below show the trend of the median salary of cost estimators from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $67,750 | -1.73% | -6.89% |
| 2016 | $68,920 | -9.08% | - |
| 2015 | $75,180 | -1.88% | - |
| 2014 | $76,590 | 1.97% | - |
| 2013 | $75,080 | 3.54% | - |
| 2012 | $72,420 | - | - |
From Table 3 we note that the median annual salary of $67,750 in Newark-Union is in the middle of salary range for cost estimators in state of Pennsylvania. In comparison, the annual salary of cost estimators in Newark-Union is 11.3 percent (11.3%) lower than that in the highest paying Philadelphia-Camden-Wilmington and 19.9 percent (19.9%) higher than that in the lowest paying East Central Pennsylvania nonmetropolitan area.