Cost estimators

Detailed Occupation

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2020 Workforce

144k

Average Age

46.3

Estimated Job Growth

−1.49%

10-year projection

Average Salary

$74,798

Average Male Salary

$78,164

Average Female Salary

$55,710

About

Cost estimators are most often employed by the Construction industry. The average yearly wage for Cost estimators was $74,798 in 2020.

The locations that employ the most Cost estimators are Fort Bend County (West & South) PUMA, TX, Baton Rouge Metropolitan Area (West) PUMA, LA, and Olney, Damascus, Clarksburg & Darnestown PUMA, MD. The locations with a relatively high concentration of Cost estimators are Baton Rouge Metropolitan Area (West) PUMA, LA, Alpine, Amador, Calaveras, Inyo, Mariposa, Mono & Tuolumne Counties PUMA, CA, and Andover, Ramsey, Anoka & East Bethel Cities PUMA, MN.

Management, business, & financial occupations Management, business, science, & arts occupations Business & financial operations occupations

Employment and salary information for the Cost estimators workforce. Cost estimators workforce in 2020 was 143,670 people, of which 15% were women and 85% were men. Cost estimators are paid most in Lyndhurst, Mayfield Heights, Shaker Heights & Solon Cities PUMA, OH but are relatively concentrated in Baton Rouge Metropolitan Area (West) PUMA, LA.

Employment Over Time

Metric

Grouping

122,132

Male Workforce

± 8.58k

21,538

Female Workforce

± 3.6k

The Cost estimators workforce in 2020 was 143,670 people (15% women and 85% men). This implies an average annual growth of 15.8% between 2014 (124,036) and 2020 (143,670).

Employment by Location

Level

Metric

This map shows the states in the United States shaded by average wage for Cost estimators.

During 2020, the states that concentrated the best average annual wage were Alaska ($88,684), California ($87,025), and Maine ($86,081).

Yearly Wage Ranking

$74,798

AVERAGE WAGE

#119 in the ranking (2020)

$55,954

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2020, Cost estimators earned an average of $74,798, $18,844 more than the average national salary of $55,954

The graph shows the ranking of Cost estimators in relation to all Detailed Occupation in 2020.

Wage Distribution

Gender

0.321

WAGE GINI

In 2020, Cost estimators had a wage GINI coefficient of 0.321, which is lower than the national average of 0.478. In other words, wages are distributed more evenly for Cost estimators (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for Cost estimators compared to the entire workforce in the country.

Industry

Information on the industries that employ Cost estimators and on wages for those in the field. Construction is the industry that employs the most Cost estimators, both by share and by number, though the highest paid industry for Cost estimators, by average wage, is Aerospace products & parts manufacturing ($132,599).

Occupations by Industries

Metric

Value

144k

2020 Workforce

± 9,301

3.95%

1 YEAR GROWTH

± 8.89%

This graphic shows the share of Cost estimators employed by various industries. Construction employs the largest share of Cost estimators at 88.7%, followed by Automotive repair & maintenance with 7.37% and Structural metals, & boiler, tank, & shipping container manufacturing with 3.97%.

Diversity

Demographic information on Cost estimators in the US. The workforce of Cost estimators in 2020 was 143,670 people, with 15% woman, and 85% men. The average age of male Cost estimators in the workforce is 47 and of female Cost estimators is 42.5, and the most common race/ethnicity for Cost estimators is White.

Gender and Age

Metric

The workforce of Cost estimators in 2020 was 143,670 people, with 15% woman, and 85% men.

The age ranges that concentrated the largest workforce were 55 to 59 years (18,959 people), 30 to 34 years (15,861 people), and 60 to 64 years (15,600 people). Among them they concentrated 35.2% of the total workforce.

Ethnicity

Gender

In 2020, 10.3% of Cost estimators workers were Hispanic and 89.7% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (84.5%), Puerto Rican (8.87)%, and Cuban (6.59)%

You can review this information by gender using the selectors above.

Races

In 2020, 88% of the Cost estimators workforce were White, of which 14.2% were women and 85.8% men. Other races that concentrated a significant number of workers were Asian (3.35%) and Two or More Races (3.31%).

Education & Skills

Data on higher education choices for Cost estimators from The Department of Education and Census Bureau. The most common major for Cost estimators is Business but the most specialized major according to RCA in 2020 were Construction.

Among the necessary skills for Cost estimators, Mathematics stands, but the revealed comparative advantage (RCA) shows that Cost estimators need more than the average amount of Management of Financial Resources.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

Type of Majors

Degree

The most common majors achieved by Cost estimators in 2020 (counting all academic degrees) were Business (13,181 people), Engineering (12,958 people), and Construction (5,852 people).

You can review this information for different academic grades by modifying the option selected in the selector above.

Education Levels

Metric

The main educational levels achieved by the Cost estimators workers were Bachelors Degree (45,582 people), Some college (40,373 people), and High School or Equivalent (29,270 people).

The graphic shows the Cost estimators workforce by gender and educational level.

Skills

Chart

Value

Data on the critical and distinctive skills necessary for Cost estimators from the Bureau of Labor Statistics. Cost estimators need many skills, but most especially Mathematics, Critical Thinking, Reading Comprehension.

Projections

Projections on job growth for Cost Estimators from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.71%, but Cost Estimators are expected to see a growth of −1.49% over the same period. This occupation is expected to grow less than the national average.

Job Growth

−1.49%

Estimated Job Growth

10-year Projection

3.71%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Cost estimators. This profession is expected to grow less than than 3.71%, the average rate of national job growth.