The annual salary statistics of cost estimators in Norwich-New London, Rhode Island is shown in Table 1. The wage data of cost estimators in Norwich-New London 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 | $50,240 |
| 25th Percentile Wage | $63,260 |
| 50th Percentile Wage | $76,400 |
| 75th Percentile Wage | $110,420 |
| 90th Percentile Wage | $135,630 |
Table 1 shows the average annual salary for cost estimators in Norwich-New London, Rhode Island in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $135,630. The median (50th percentile) annual salary is $76,400. The average annual salary for the bottom 10 percent earners is $50,240.
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 | $76,400 | 0.45% | 12.66% |
| 2021 | $76,060 | -27.99% | - |
| 2020 | $97,350 | 15.45% | - |
| 2019 | $82,310 | 2.49% | - |
| 2018 | $80,260 | 7.51% | - |
| 2017 | $74,230 | -6.84% | - |
| 2016 | $79,310 | -0.26% | - |
| 2015 | $79,520 | 1.37% | - |
| 2014 | $78,430 | 9.59% | - |
| 2013 | $70,910 | 5.89% | - |
| 2012 | $66,730 | - | - |
From Table 3 we note that with a median annual salary of $76,400, Norwich-New London is the highest paying city for cost estimators in state of Rhode Island, followed by Providence-Fall River-Warwick (median annual salary $63,440). In comparison, the median annual salary of cost estimators in Norwich-New London is 17.0 percent (17.0%) higher than that in Providence-Fall River-Warwick.
| Cities/Areas | Median Annual Salary |
|---|---|
| Norwich-New London | |
| Providence-Fall River-Warwick |