The annual salary statistics of cost estimators in Nashville-Davidson--Murfreesboro--Franklin, Tennessee is shown in Table 1. The wage data of cost estimators in Nashville-Davidson--Murfreesboro--Franklin 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 | $46,430 |
| 25th Percentile Wage | $52,260 |
| 50th Percentile Wage | $69,000 |
| 75th Percentile Wage | $83,310 |
| 90th Percentile Wage | $102,500 |
Table 1 shows the average annual salary for cost estimators in Nashville-Davidson--Murfreesboro--Franklin, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $102,500. The median (50th percentile) annual salary is $69,000. The average annual salary for the bottom 10 percent earners is $46,430.
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 | $69,000 | 7.19% | 17.71% |
| 2021 | $64,040 | 2.20% | - |
| 2020 | $62,630 | 3.45% | - |
| 2019 | $60,470 | 4.42% | - |
| 2018 | $57,800 | -3.75% | - |
| 2017 | $59,970 | 1.85% | - |
| 2016 | $58,860 | 5.35% | - |
| 2015 | $55,710 | 2.10% | - |
| 2014 | $54,540 | -3.81% | - |
| 2013 | $56,620 | -0.28% | - |
| 2012 | $56,780 | - | - |
From Table 3 we note that with a median annual salary of $69,000, Nashville-Davidson--Murfreesboro--Franklin is the second highest paying city for cost estimators in state of Tennessee, following the highest paying city Knoxville (median annual salary of $70,200). Compared with Knoxville, the median annual salary of cost estimators in Nashville-Davidson--Murfreesboro--Franklin is 1.7 percent (1.7%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Knoxville | |
| Nashville-Davidson--Murfreesboro--Franklin | |
| Memphis | |
| Eastern Tennessee nonmetropolitan area | |
| Chattanooga | |
| Clarksville | |
| South Central Tennessee nonmetropolitan area | |
| Cleveland | |
| North Central Tennessee nonmetropolitan area | |
| Jackson | |
| Western Tennessee nonmetropolitan area | |
| Johnson City | |
| Morristown |