The annual salary statistics of cost estimators in Blacksburg-Christiansburg-Radford, Virginia is shown in Table 1. The wage data of cost estimators in Blacksburg-Christiansburg-Radford 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 | $30,720 |
| 25th Percentile Wage | $41,590 |
| 50th Percentile Wage | $51,170 |
| 75th Percentile Wage | $64,900 |
| 90th Percentile Wage | $82,450 |
Table 1 shows the average annual salary for cost estimators in Blacksburg-Christiansburg-Radford, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $82,450. The median (50th percentile) annual salary is $51,170. The average annual salary for the bottom 10 percent earners is $30,720.
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 | $51,170 | -18.21% | 13.89% |
| 2021 | $60,490 | 6.81% | - |
| 2020 | $56,370 | 1.38% | - |
| 2019 | $55,590 | 10.85% | - |
| 2018 | $49,560 | -8.13% | - |
| 2017 | $53,590 | -4.72% | - |
| 2016 | $56,120 | 1.09% | - |
| 2015 | $55,510 | 5.30% | - |
| 2014 | $52,570 | 18.60% | - |
| 2013 | $42,790 | -2.97% | - |
| 2012 | $44,060 | - | - |
From Table 3 we note that the median annual salary of $51,170 in Blacksburg-Christiansburg-Radford is in the middle of salary range for cost estimators in state of Virginia. In comparison, the annual salary of cost estimators in Blacksburg-Christiansburg-Radford is 36.0 percent (36.0%) lower than that in the highest paying Kingsport-Bristol-Bristol and 9.1 percent (9.1%) higher than that in the lowest paying Danville.
| Cities/Areas | Median Annual Salary |
|---|---|
| Kingsport-Bristol-Bristol | |
| Virginia Beach-Norfolk-Newport News | |
| Richmond | |
| Harrisonburg | |
| Charlottesville | |
| Lynchburg | |
| Staunton-Waynesboro | |
| Roanoke | |
| Southside Virginia nonmetropolitan area | |
| Northwestern Virginia nonmetropolitan area | |
| Southwestern Virginia nonmetropolitan area | |
| Northeastern Virginia nonmetropolitan area | |
| Blacksburg-Christiansburg-Radford | |
| Danville |