Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
Cost Estimators
SOC: 13-1051 O*NET: 13-1051.00
Median Salary
$77,070
per year
Job Growth
📉 -4.2%
Slower (2024-2034)
Annual Openings
16.9
projected jobs/year
Education Level
Bachelor's degree or higher
Job Zone 4
Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
Overview
Compensation & Benefits
Salary Distribution by Percentile
Understanding where you might fall in the salary range based on experience and location.
10th
$46,242
25th
$61,656
50th (Median)
$77,070
75th
$92,484
90th
$115,605
Percentile Explained: If you're in the 75th percentile, you earn more than 75% of workers in this occupation. Entry-level positions typically fall in the 10th-25th percentile range, while experienced professionals often reach the 75th-90th percentile.
Typical Benefits Package
Health & Wellness
- ✓Health Insurance
- ✓Dental Insurance
- ✓Vision Insurance
- ✓Mental Health Support
- ✓Wellness Programs
Financial Benefits
- ✓401(k) Retirement Plan
- ✓Employer Match (typically 3-6%)
- ✓Profit Sharing
- ✓Stock Options
- ✓Performance Bonuses
Work-Life Balance
- ✓Paid Time Off (15-25 days)
- ✓Paid Sick Leave
- ✓Flexible Work Arrangements
- ✓Remote Work Options
- ✓Parental Leave
Professional Development
- ✓Tuition Reimbursement
- ✓Professional Certifications
- ✓Conference Attendance
- ✓Training Programs
- ✓Mentorship Opportunities
Note: Benefits vary widely by employer, company size, and location. Large corporations and tech companies often offer more comprehensive packages, while small businesses may offer fewer benefits but more flexibility. Always review the complete compensation package, not just base salary.
Job Market Intelligence
Job Market Intelligence
Low Demand
Market demand
Medium Risk
Automation risk
Current Employment
National Employment:221,400
10-Year Outlook
Growth Rate:-4.2%
Annual Openings:16,900
Employment Projections
2024 (Current)221,400
Current
2034 (Projected)212,100
-4.2%
-9,300
Employment Change
-4.2%
Growth Rate
10
Year Projection
Growth Category: Decline
Key Growth Factors
- •Employment decline projected
Top Skills
✓
Reading Comprehension
Reading Comprehension
✓
Mathematics
Mathematics
✓
Speaking
Speaking
✓
Critical Thinking
Critical Thinking
✓
Active Listening
Active Listening
✓
Judgment and Decision Making
Judgment and Decision Making
✓
Writing
Writing
✓
Complex Problem Solving
Complex Problem Solving
✓
Active Learning
Active Learning
✓
Coordination
Coordination
Key Knowledge Areas
✓
Mathematics
✓
Economics and Accounting
✓
Computers and Electronics
✓
Engineering and Technology
✓
Building and Construction
✓
English Language
✓
Administration and Management
✓
Design
✓
Customer and Personal Service
Education & Training
Education Required
Bachelor's degree or higher
Experience Required
A considerable amount of work-related skill, knowledge, or experience needed
Job Training
Significant preparation with related work experience