The annual salary statistics of cost estimators in Virginia Beach-Norfolk-Newport News, Virginia is shown in Table 1. The wage statistics of cost estimators in Virginia Beach-Norfolk-Newport News 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 | $39,150 |
| 25th Percentile Wage | $52,840 |
| 50th Percentile Wage | $72,550 |
| 75th Percentile Wage | $80,020 |
| 90th Percentile Wage | $105,920 |
Table 1 shows the average annual salary for cost estimators in Virginia Beach-Norfolk-Newport News, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $105,920. The median (50th percentile) annual salary is $72,550. The average annual salary for the bottom 10 percent earners is $39,150.
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 | $72,550 | 11.29% | 21.32% |
| 2021 | $64,360 | -9.21% | - |
| 2020 | $70,290 | 4.00% | - |
| 2019 | $67,480 | -1.59% | - |
| 2018 | $68,550 | 7.67% | - |
| 2017 | $63,290 | 5.56% | - |
| 2016 | $59,770 | 7.53% | - |
| 2015 | $55,270 | 1.39% | - |
| 2014 | $54,500 | 1.25% | - |
| 2013 | $53,820 | -6.06% | - |
| 2012 | $57,080 | - | - |
From Table 3 we note that with a median annual salary of $72,550, Virginia Beach-Norfolk-Newport News is the second highest paying city for cost estimators in state of Virginia, following the highest paying city Kingsport-Bristol-Bristol (median annual salary of $79,950). Compared with Kingsport-Bristol-Bristol, the median annual salary of cost estimators in Virginia Beach-Norfolk-Newport News is 9.3 percent (9.3%) lower.
| 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 |