Salaries of cost estimators vary widely by experience, education, size
of firm, and industry. Median annual earnings of wage and salary cost
estimators in May 2006 were $52,940. The middle 50 percent earned
between $40,320 and $69,460. The lowest 10 percent earned less than $31,600, and the highest 10
percent earned more than $88,310. Median annual earnings in the
industries employing the largest numbers of cost estimators were:
| Nonresidential building construction |
$60,870 |
| Building equipment contractors |
56,170 |
| Foundation, structure, and building exterior contractors |
52,520 |
| Residential building construction |
52,460 |
| Building finishing contractors |
51,610 |
According to a July 2007 salary survey by the National Association
of Colleges and Employers, those with bachelor’s degrees in
construction science/management received job offers averaging $46,930 a
year.
Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2008-09 Edition, Cost Estimators, on the Internet at http://www.bls.gov/oco/ocos006.htm (visited April 29, 2009).
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