Cost Estimators (13-1051) in Norwich-New London Labor Market Area

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Cost Estimators (13-1051) in Norwich-New London Labor Market Area

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Norwich-New London LMA (1Q 2023)
All Industry
Estimated employment		140
Mean wage		$42.66
Entry wage		$26.58
10th percentile wage		$24.64
50th percentile wage		$37.46
90th percentile wage		$66.50

Top Employing Industries
Industry	Employment / Percent
Construction of Buildings	40	29.5%
Specialty Trade Contractors	30	20.2%

Top Paying Industries
Industry	Employment / Median Wage
Specialty Trade Contractors	30	$42.88
Construction of Buildings	40	$31.90

Cost Estimators (13-1051)

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$37.46		$37.86		-$0.39
2022	$36.73	+2.0%	$37.12	+2.0%	-$0.39
2021	$35.08	+4.7%	$35.45	+4.7%	-$0.37
2020	$34.30	+2.3%	$34.67	+2.3%	-$0.36
2019	$33.52	+2.3%	$33.88	+2.3%	-$0.35
2018	$32.62	+2.8%	$32.97	+2.8%	-$0.34
2017	$31.84	+2.4%	$32.18	+2.4%	-$0.34
2016	$30.95	+2.9%	$31.28	+2.9%	-$0.33
2015	$30.19	+2.5%	$30.51	+2.5%	-$0.32
2014	$29.58	+2.1%	$29.90	+2.1%	-$0.31
Year	This Occupation		Compared to All Occupations		Difference
Current	$37.46		$24.55		$12.91
2022	$36.73	+2.0%	$23.73	+3.4%	$13.00
2021	$35.08	+4.7%	$22.46	+5.7%	$12.62
2020	$34.30	+2.3%	$21.69	+3.5%	$12.61
2019	$33.52	+2.3%	$21.07	+2.9%	$12.45
2018	$32.62	+2.8%	$20.46	+3.0%	$12.17
2017	$31.84	+2.4%	$19.87	+2.9%	$11.97
2016	$30.95	+2.9%	$19.41	+2.4%	$11.54
2015	$30.19	+2.5%	$18.92	+2.6%	$11.28
2014	$29.58	+2.1%	$18.52	+2.2%	$11.07

Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.
Reference Date: 1st Quarter 2023

Top Areas For This Occupation

Best Pay
Median Wage / Employment
New Haven	$39.42	390
Bridgeport-Stamford	$39.21	470
Hartford	$39.14	710
Waterbury	$38.31	90
Norwich-New London	$37.46	140

Highest Employment
Median Wage / Employment
Hartford	$39.14	710
Bridgeport-Stamford	$39.21	470
New Haven	$39.42	390
Norwich-New London	$37.46	140
Danbury	$34.32	110


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