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or $32.02 hourly
as of 2020
What is the risk of automation?
We calculate this occupation to have an automation risk score of
66% (Robots are watching)
This score is based on the abilities, knowledge, skills and activites required in order to do the job.
We look at 9 key attributes of an occupation which can't easily be automated. The more an occupation requires these, the less chance there is of it being replaced.
Note that some attributes have a greater weighting than others, so even though an occupation might require quite heavily on a few attributes, this might not be enough to give it an overall safe score. The final score has been generated using a machine learning algorithm, trained using human predictions.
If any attributes are particularly important in order to do this job, they will be listed below.
Qualities required for this occupation:
Social Perceptiveness (53)
Assisting and Caring for Others (20)
Cramped Work Space, Awkward Positions (15)
not very important
How likely do you think this occupation will be taken over by robots/AI within the next 20 years?
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How quickly is this occupation growing?
The number of 'Cost Estimators' job openings is expected to rise 0.6% by 2030
'Cost Estimators' is expected to be a slow growing occupation in comparison to other occupations.
* Data from the Bureau of Labor Statistics for the period between 2020 and 2030.
Updated projections are due Sep 2022.
What are the median wages for 'Cost Estimators' in the United States?
In 2020 the median annual wage for 'Cost Estimators' was $66,610, or $32.02 hourly
'Cost Estimators' are paid 58.8% higher than the national median wage, which stands at $41,950
* Data from the Bureau of Labor Statistics
How many people are employed in this occupation?
As of 2020 there were 199,360 people employed as Cost Estimators.
This represents around 0.14% of the employed workforce across the United States.
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.
SOC Code: 13-1051.00
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