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Cost Estimator

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AVG. SALARY

$70,470

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

Money & Outlook

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North Dakota Earnings

Average Annual Wage

$70,470

Entry Annual Wage

$46,730

Experienced Annual Wage

$98,930

Average Hourly Wage

$33.88

Entry Hourly Wage

$22.47

Experienced Hourly Wage

$47.56

Median Hourly Wage

$31.50

North Dakota Regional Earnings

North Dakota Metropolitan Areas Wages

Region Average Entry Level Experienced
Bismarck MSA $68,060 or $32.72/hr $46,380 or $22.30/hr $100,900 or $48.51/hr
Fargo ND-MN MSA $71,220 or $34.24/hr $46,960 or $22.58/hr $103,820 or $49.92/hr
Grand Forks ND-MN MSA $77,980 or $37.49/hr $51,590 or $24.80/hr $119,740 or $57.57/hr

North Dakota Geographical Areas Wages

Region Average Entry Level Experienced
East North Dakota nonmetropolitan area $65,960 or $31.71/hr $44,730 or $21.51/hr $93,060 or $44.74/hr
West North Dakota nonmetropolitan area $71,140 or $34.20/hr $47,940 or $23.05/hr $97,750 or $46.99/hr

North Dakota's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 5%
Job Openings 48 estimated annual job openings
Employment 535 were employed in this occupation
Industries Large concentrations of this occupation are found in these industries
  • Building equipment contractors (NAICS238200) (13.38%)
  • Nonresidential building construction (NAICS236200) (11.5%)
  • Building material and supplies dealers (NAICS444100) (10.8%)
  • Automotive repair and maintenance (NAICS811100) (5.4%)
  • Foundation, structure, and building exterior contractors (NAICS238100) (5.16%)
  • Automobile dealers (NAICS441100) (4.23%)
  • Management, scientific, and technical consulting services (NAICS541600) (3.52%)
  • Other specialty trade contractors (NAICS238900) (3.29%)

North Dakota's Regional Employment and Outlook

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 1 26 12% 2 2
Region 5 220 10% 2 18 20
Region 7 83 8% 1 7 8
Region 8 54 6% 5 5

Regions with decreasing outlook (negative growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 2 49 -2% 4 4
Region 4 76 -1% 6 6
Region 6 15 -7% 1 1

National Earnings

Average Annual Wage

$79,520

Average Hourly Wage

$38.23

Average Annual Range

$44,820 to $124,520

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook decreasing
  The employment change from 2022 to 2032 is estimated to be -3%.
(The National average for all occupations is +3%)
Job Openings very small number
  A total of 1800 average annual openings are expected for this occupation between 2022 and 2032.
(The National Average for all occupations is 1,670 openings)
Employment medium occupation
  This was a medium sized occupation in the United States, employing 231,400 workers in 2022.
(The National average for all occupations is 147,916 workers)
Growth Declining growth
  Cost estimation software is improving the productivity of these workers, requiring fewer estimators to do the same amount of work. This will limit employment growth of cost estimators. However, there will continue to be some demand for these workers because companies need accurate cost projections to ensure that their products and services are profitable. 
Non Traditional Occupation This is a non-traditional occupation for women in 2023.
Industries Large concentrations of this occupation are found in these industries
  • Construction (NAICS230000) (55.3%)
  • Specialty trade contractors (NAICS238000) (34.8%)
  • Construction of buildings (NAICS236000) (15.5%)
  • Building equipment contractors (NAICS238200) (14%)
  • Manufacturing (NAICS31-330) (11.8%)
  • Nonresidential building construction (NAICS236200) (8.5%)
  • Other Services (except Public Administration) (NAICS810000) (8.2%)
  • Repair and maintenance (NAICS811000) (8.2%)
  • Building finishing contractors (NAICS238300) (8%)
  • Automotive repair and maintenance (NAICS811100) (7.9%)
  • Foundation, structure, and building exterior contractors (NAICS238100) (7.9%)
  • Residential building construction (NAICS236100) (7%)
  • Automotive body, paint, interior, and glass repair (NAICS811120) (6.7%)
  • Plumbing, heating, and air-conditioning contractors (NAICS238220) (6.7%)
  • Electrical contractors and other wiring installation contractors (NAICS238210) (6.3%)