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Cost Estimators in Florida

Cost Estimators in Florida

Thinking about a career as a Cost Estimators in Florida? Here’s what the data says. 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.

What do Cost Estimators Make in Florida?

For a cost estimators working in Florida, wages run about $71,920 per year (or roughly $34.58/hour).Pay can range from $41,590 at the 10th percentile to $122,630 at the 90th percentile.

Wage Statistic Annual Hourly
10th percentile $41,590 $20.00
25th percentile $53,830 $25.88
Median (50th) $71,920 $34.58
75th percentile $92,480 $44.46
90th percentile $122,630 $58.96
Salary ranges for Cost Estimators in Florida

The location quotient — a measure of how concentrated this occupation is in Florida nationwide is 1.05.

National Wage Comparison

Nationally, cost estimators earn a median of $80,966 per year ($38.93/hour), lower than the Florida median.

Cost Estimators earnings in Florida vs. the national average

Employment Outlook

National employment for 161,579 cost estimators across the United States. In Florida alone, around 14,640 people work in this role. That’s more than the typical state, which employs around 2,460 cost estimators.

Cost Estimators in Florida vs. the average state Forecasted number of jobs for Cost Estimators

Top Florida Metros for Cost Estimators

These are the Florida metros with the most cost estimators in Florida.

Metro Area Number Employed Annual Median Salary
Miami-Fort Lauderdale-West Palm Beach, FL 3,460 $75,160
Orlando-Kissimmee-Sanford, FL 2,240 $71,340
Tampa-St. Petersburg-Clearwater, FL 1,910 $75,500
Jacksonville, FL 1,410 $71,920
Cape Coral-Fort Myers, FL 690 $67,940
Palm Bay-Melbourne-Titusville, FL 670 $59,400
North Port-Bradenton-Sarasota, FL 590 $76,280
Lakeland-Winter Haven, FL 390 $72,850
Deltona-Daytona Beach-Ormond Beach, FL 340 $65,520
Naples-Marco Island, FL 320 $73,360
Pensacola-Ferry Pass-Brent, FL 250 $67,490
Port St. Lucie, FL 240 $72,060
Tallahassee, FL 240 $61,360
Ocala, FL 210 $67,060
Gainesville, FL 190 $65,470
Crestview-Fort Walton Beach-Destin, FL 180 $64,790
Panama City-Panama City Beach, FL 160 $71,010
Punta Gorda, FL 90 $61,020
Sebastian-Vero Beach-West Vero Corridor, FL 90 $67,870
Wildwood-The Villages, FL 70 $64,720
Homosassa Springs, FL 60 $55,250
Sebring, FL 40 $65,040

Top States for Cost Estimators Employment

The table below shows the states where the most cost estimators work.

State Number Employed
California 25,580
Texas 21,810
Florida 14,640
New York 9,790
Pennsylvania 9,370
Ohio 8,500
Washington 7,320
Missouri 6,990
North Carolina 6,620
Virginia 6,570
Illinois 6,220
Michigan 6,110
Colorado 6,020
Massachusetts 5,340
Wisconsin 5,200
New Jersey 5,130
Georgia 5,100
Indiana 4,800
Arizona 4,540
Maryland 4,380

Highest-Paying States for Cost Estimators

These states pay the most for cost estimators.

State Annual Median Salary
Massachusetts $102,680
California $84,610
District of Columbia $84,410
New York $82,940
Washington $82,900
Colorado $81,990
Maryland $81,490
New Jersey $80,880
Nevada $80,270
Minnesota $79,950

Skills

Key cost estimators skills, rated on an importance scale of 0 to 5:

Mathematics  4.0 / 5
0
5
Reading Comprehension  4.0 / 5
0
5
Speaking  3.9 / 5
0
5
Active Listening  3.8 / 5
0
5
Critical Thinking  3.8 / 5
0
5
Judgment and Decision Making  3.6 / 5
0
5

Knowledge Areas

Important knowledge areas for this occupation, rated on an importance scale of 0 to 5:

Mathematics  4.4 / 5
0
5
Economics and Accounting  4.0 / 5
0
5
Computers and Electronics  3.5 / 5
0
5
Engineering and Technology  3.4 / 5
0
5
Building and Construction  3.3 / 5
0
5
English Language  3.2 / 5
0
5

Abilities

Top abilities for cost estimators, rated on an importance scale of 0 to 5:

Inductive Reasoning  4.1 / 5
0
5
Oral Comprehension  4.0 / 5
0
5
Oral Expression  4.0 / 5
0
5
Mathematical Reasoning  4.0 / 5
0
5
Number Facility  3.9 / 5
0
5
Written Comprehension  3.9 / 5
0
5

Daily Tasks

Common tasks include:

  • Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
  • Confer with engineers, architects, owners, contractors, and subcontractors on changes and adjustments to cost estimates.
  • Collect historical cost data to estimate costs for current or future products.
  • Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
  • Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues.
  • Establish and maintain tendering process, and conduct negotiations.
  • Prepare estimates for use in selecting vendors or subcontractors.
  • Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
  • Set up cost monitoring and reporting systems and procedures.
  • Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
  • Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
  • Conduct special studies to develop and establish standard hour and related cost data or to reduce cost.

Work Activities

  • Getting Information
  • Working with Computers
  • Analyzing Data or Information
  • Estimating the Quantifiable Characteristics of Products, Events, or Information
  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Updating and Using Relevant Knowledge
  • Processing Information
  • Establishing and Maintaining Interpersonal Relationships
  • Identifying Objects, Actions, and Events
  • Organizing, Planning, and Prioritizing Work
  • Documenting/Recording Information

Tools & Technology

Technologies frequently used: Hot technologies: Adobe Acrobat, Autodesk AutoCAD In-demand technologies: ConstructConnect PlanSwift

What Major Will Prepare You For This Career?

Several college majors map to this occupation:

Related occupations to cost estimators include:

Also Known As

Acquisition Cost Estimator, Analyst, Building Construction Estimator, Building Estimator, Civil Estimator, Commercial Construction Estimator, Commercial Estimator, Commercial Roofing Estimator, Concrete Estimator, Construction Estimator, Construction Job Cost Estimator, Cost Analyst, Cost Consultant, Cost Engineer, Cost Estimating Analyst.

References

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