Average All Occupations Salary in Capital/Northern New York nonmetropolitan area
In the Capital/Northern New York nonmetropolitan area, the average annual salary for all occupations stands at $59,560. This figure is notably below the national average of $67,140, reflecting regional economic factors and potentially a different industry focus compared to more urbanized or specialized areas. The specific economic landscape of this nonmetropolitan region shapes the compensation offered across its diverse workforce.
Executive Summary
- Average Salary: $59,560 per year.
- Growth Trend: Salaries have shifted 19.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $96,590.
- Outlook: With a substantial local workforce of 140,410 individuals, the Capital/Northern New York nonmetropolitan area demonstrates a significant labor pool. The Location Quotient of 1 indicates that the concentration of jobs in this region is precisely at the national average, suggesting a stable and balanced job market that mirrors national employment patterns for 'All Occupations'. This suggests a consistent demand for labor that aligns with the broader economic trends.
Salary Overview
The average All Occupations in Capital/Northern New York nonmetropolitan area earns-11.3%below the national average.
$28.6
$1,145
$4,963
All Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for 'All Occupations' in the Capital/Northern New York nonmetropolitan area have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This typical upward trajectory in compensation is often driven by evolving labor market demands and cost-of-living adjustments, ensuring that wages keep pace with broader economic shifts.
All Occupations Salary Distribution in Capital/Northern New York nonmetropolitan area
Within the Capital/Northern New York nonmetropolitan area, salary progression for 'All Occupations' typically follows a clear path from entry-level to senior roles. While specific percentile data is unavailable, the inherent structure of most career ladders indicates that experienced professionals and those in senior positions command significantly higher salaries than their junior counterparts. The widening gap between lower and higher salary percentiles signifies substantial opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $32,120 | $15.4 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $44,670 | $21.5 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $48,380 | $23.3 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $74,450 | $35.8 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $96,590 | $46.4 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$59,560
Gross Pay
Real Wage (Purchasing Power)
$59,560
Adjusted for COL (100)
The nominal average annual salary of $59,560 in the Capital/Northern New York nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that, on average, the purchasing power of the salaries earned in this region is comparable to the national standard. While the salary is lower than the national average, the equivalent cost of living suggests that the real value of this income is not diminished by higher local expenses.
Job Market Context
140,410
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Capital/Northern New York nonmetropolitan area has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
A Location Quotient of 1 for 'All Occupations' in the Capital/Northern New York nonmetropolitan area signifies that the concentration of these jobs is exactly in line with the national average. This indicates a well-balanced job market where the availability of 'All Occupations' roles is neither exceptionally high nor particularly low compared to the rest of the country. The market is neither oversaturated nor critically undersupplied, suggesting a steady and predictable employment landscape.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY All Occupations Salary | $63,810↑ 7% | 49 mi |
| Kingston, NY All Occupations Salary | $61,670↑ 4% | 51 mi |
| Scranton--Wilkes-Barre, PA All Occupations Salary | $55,300↓ 7% | 64 mi |
| Utica-Rome, NY All Occupations Salary | $59,660↑ 0% | 66 mi |
| Albany-Schenectady-Troy, NY All Occupations Salary | $70,140↑ 18% | 68 mi |
Comparing salaries near Capital/Northern New York nonmetropolitan area
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Capital/Northern New York nonmetropolitan area?
The median annual salary for a All Occupations in Capital/Northern New York nonmetropolitan area is $59,560. This typically ranges from $32,120 for entry-level positions to $96,590 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Capital/Northern New York nonmetropolitan area is 11.3% lower than the national median of $67,140.
Is Capital/Northern New York nonmetropolitan area a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $59,560 is below the national average of $67,140, although the cost of living is also at the national average. This means while expenses are standard, the take-home pay is less than the national benchmark.
Is Capital/Northern New York nonmetropolitan area a good place to live for All Occupations?
The Cost of Living Index in Capital/Northern New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Capital/Northern New York nonmetropolitan area?
Some top paying nearby cities include Binghamton, NY ($63,810) and Kingston, NY.
How does the local salary compare to the national average?
The average annual salary for All Occupations in the Capital/Northern New York nonmetropolitan area is $59,560, which is lower than the national average of $67,140.
What is the cost of living in this region?
The cost of living index for the Capital/Northern New York nonmetropolitan area is 100, which is exactly the national average.
How large is the workforce in this area?
The total local workforce for all occupations in the Capital/Northern New York nonmetropolitan area is 140,410 individuals.
What does a Location Quotient of 1 mean for job seekers?
A Location Quotient of 1 indicates that the concentration of jobs for All Occupations in this region is the same as the national average, suggesting a stable and typical job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140,410 employees in the Capital/Northern New York nonmetropolitan area area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Capital/Northern New York nonmetropolitan area