The annual salary statistics of cost estimators in Charleston-North Charleston-Summerville, South Carolina is shown in Table 1. The wage data of cost estimators in Charleston-North Charleston-Summerville 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 | $41,520 |
| 25th Percentile Wage | $52,170 |
| 50th Percentile Wage | $62,370 |
| 75th Percentile Wage | $80,330 |
| 90th Percentile Wage | $107,530 |
Table 1 shows the average annual salary for cost estimators in Charleston-North Charleston-Summerville, South Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $107,530. The median (50th percentile) annual salary is $62,370. The average annual salary for the bottom 10 percent earners is $41,520.
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 | $62,370 | 1.28% | 12.30% |
| 2021 | $61,570 | 7.37% | - |
| 2020 | $57,030 | 12.78% | - |
| 2019 | $49,740 | -20.69% | - |
| 2018 | $60,030 | -1.02% | - |
| 2017 | $60,640 | -0.16% | - |
| 2016 | $60,740 | 7.61% | - |
| 2015 | $56,120 | 0.71% | - |
| 2014 | $55,720 | -0.11% | - |
| 2013 | $55,780 | 1.94% | - |
| 2012 | $54,700 | - | - |
From Table 3 we note that the median annual salary of $62,370 in Charleston-North Charleston-Summerville is in the middle of salary range for cost estimators in state of South Carolina. In comparison, the annual salary of cost estimators in Charleston-North Charleston-Summerville is 8.4 percent (8.4%) lower than that in the highest paying Hilton Head Island-Bluffton-Beaufort and 20.8 percent (20.8%) higher than that in the lowest paying Northeast South Carolina nonmetropolitan area.