Estimator, Construction Salary
Job Description for Estimator, Construction
The job of construction estimator is essential to a contractor or any company that performs many building or material improvements or renovations to their facilities. The estimator assesses all costs - material and labor - for potential construction projects. They normally work within a firm to come up with their best estimates for a project so that the company can then implement this work into a budget for a bid; their estimates are often for internal use only, although some contractors have their estimators write actual bids as well.Read More...
A construction estimator needs to have strong analytical skills. They work with designers, engineers, and architects to take schematics and blueprints and work up the cost of materials required. They may be asked to work up multiple estimates for a variety of materials in a typical construction project as well. The estimator must also have a strong working knowledge of their firm’s construction procedures and manpower to develop good projections on the amount of labor required.
Construction estimators may have to do a bit of traveling, as on-site visits and information-gathering are frequently a key part of determining the accuracy of their projections. Normally, a person in this position works regular business hours, but certain projects may require after hours or predawn site visits as well.
If the estimator miscalculates the costs of material, labor, or time, the cost overrun can hurt a company; as a result, there are usually education requirements that include some postsecondary technical education. Additionally, three to five years in construction management work is strongly recommended.
Estimator, Construction Tasks
- Create estimates and cost or expenditure statements for use in future project consideration.
- Create cost tracking and reporting operational systems.
- Consult with outsides sources and analyze documents to create time, cost, materials and labor estimates.
Common Career Paths for Estimator, Construction
Though not the most common occurrence, Construction Estimators sometimes become Chief Estimators, where the average income is $95K per year. Construction Estimators moving up in their careers tend to step into positions as Senior Estimators or Construction Project Managers. The median paychecks in those roles are $28K higher and $17K higher, respectively.
Construction Estimator Job Listings
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Popular Skills for Estimator, Construction
Construction Estimators seem to require a number of specific skills. Most notably, facility with Job Scheduling and Project Management are correlated to pay that is significantly above average, leading to increases of 38 percent and 4 percent, respectively. At the other end of the pay range are skills like AutoCAD and Microsoft Word. Those proficient in Blueprints are, more often than not, also skilled in Microsoft Excel.
Pay by Experience Level for Estimator, Construction
Median of all compensation (including tips, bonus, and overtime) by years of experience.
More years of relevant experience do not necessarily translate to higher paychecks. Although individuals who have less than five years' experience earn $46K on average, people with five to 10 years benefit from a notably larger average of $58K. On average, Construction Estimators make $62K following one to two decades on the job. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $68K.
Pay Difference by Location
Home to some of the best pay for Construction Estimators, Jacksonville offers exceptional salaries, 24 percent above the national average. Construction Estimators will also find cushy salaries in Salt Lake City (+15 percent), New York (+10 percent), Denver (+8 percent), and Phoenix (+8 percent). In Richmond, salaries are 10 percent below the national average and represent the lowest-paying market. Two other places where employers offer below-median salaries are Detroit (10 percent less) and Charlotte (9 percent less).
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Key Stats for Estimator, Construction
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