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Average Administrative Services Managers Salary in Albany-Schenectady-Troy, NY

Administrative Services Managers in the Albany-Schenectady-Troy, NY area earn an average annual salary of $123,080. This figure is slightly below the national average of $130,290, suggesting a localized compensation structure influenced by regional economic factors and the specific demand within the Capital Region. The cost of living in this area aligns perfectly with the national average, making the salary's purchasing power directly comparable.

Executive Summary

  • Average Salary: $123,080 per year.
  • Growth Trend: Salaries have shifted 3.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $190,570.
  • Outlook: The Albany-Schenectady-Troy metropolitan area supports a robust job market for Administrative Services Managers, with a total local workforce of 670 individuals in this role. The Location Quotient of 0.91 indicates a concentration that is nearly on par with the national average, suggesting a stable and consistent demand for these professionals within the region's diverse industries.
2024 Market Data

Salary Overview

$123,080

The average Administrative Services Managers in Albany-Schenectady-Troy, NY earns-5.5%below the national average.

BreakdownBased on 40h/week
Hourly

$59.2

Weekly

$2,367

Monthly

$10,257

Administrative Services Managers Salary Distribution in Albany-Schenectady-Troy, NY

Career progression for Administrative Services Managers in Albany-Schenectady-Troy is typically marked by significant salary increases. Entry-level positions may start in the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles, reflecting a clear reward for accumulated expertise and leadership capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$63,340$30.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$92,310$44.4
ManagerOversees team, compliance, and project delivery.50% (Median)$113,770$54.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$153,850$74
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$190,570$91.6

Detailed Administrative Services Managers Market Analysis

Relocation Context

Nominal Salary

$123,080

Gross Pay

Real Wage (Purchasing Power)

$123,080

Adjusted for COL (100)

With a local Cost of Living Index of 100, the nominal average salary of $123,080 in Albany-Schenectady-Troy, NY, offers a purchasing power that is precisely in line with the national average. This means that the salary's value in terms of goods and services is neither enhanced nor diminished by the local cost of living, providing a stable financial baseline for residents.

Job Market Context

670

Total Jobs

1.502

Per 1K Jobs

0.91

Location Quotient

Below Average

Albany-Schenectady-Troy, NY has 0.91x the national average concentration of Administrative Services Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.91 for Administrative Services Managers in Albany-Schenectady-Troy suggests a job market that is closely aligned with national employment patterns. This indicates a healthy level of competition and availability, where the number of these roles per worker is nearly equivalent to the national average, implying a balanced supply and demand dynamic.

Nearby Job Markets

Hiring Administrative Services Managerss?

Frequently Asked Questions

How much does a Administrative Services Managers make in Albany-Schenectady-Troy, NY?

The median annual salary for a Administrative Services Managers in Albany-Schenectady-Troy, NY is $123,080. This typically ranges from $63,340 for entry-level positions to $190,570 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albany-Schenectady-Troy, NY is 5.5% lower than the national median of $130,290.

Is Albany-Schenectady-Troy, NY a lucrative place for Administrative Services Managers?

Yes, it offers competitive compensation.The average salary of $123,080 is substantial, and with a cost of living index of 100, it provides national average purchasing power. The stable job market concentration further supports its attractiveness.

Is Albany-Schenectady-Troy, NY a good place to live for Administrative Services Managers?

The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Albany-Schenectady-Troy, NY?

Some top paying nearby cities include Pittsfield, MA ($112,760) and Glens Falls, NY.

How does the Albany-Schenectady-Troy salary compare to the national average?

The average salary of $123,080 in Albany-Schenectady-Troy is slightly lower than the national average of $130,290.

What is the significance of the Location Quotient (LQ) of 0.91?

An LQ of 0.91 means that Administrative Services Manager roles are present in Albany-Schenectady-Troy at a concentration that is 9% lower than the national average, indicating a slightly less concentrated but still significant presence.

Does the cost of living affect the value of an Administrative Services Manager's salary in this area?

No, the cost of living index is 100, which is the national average. Therefore, the salary of $123,080 has purchasing power equivalent to the national average.

How many Administrative Services Managers are employed in the Albany-Schenectady-Troy area?

There are approximately 670 Administrative Services Managers employed within the Albany-Schenectady-Troy metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 670 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.502 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.