Average All Occupations Salary in Glens Falls, NY
In Glens Falls, NY, the average annual salary for All Occupations stands at $61,370. This figure is notably below the national average of $67,140, suggesting that local economic factors and industry demand play a significant role in compensation within this region. The specific economic landscape of Glens Falls influences the prevailing wage rates for its diverse workforce.
Executive Summary
- Average Salary: $61,370 per year.
- Growth Trend: Salaries have shifted 23.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,380.
- Outlook: Glens Falls, NY supports a substantial workforce of 50,290 individuals across all occupations. With a Location Quotient of 1, the concentration of jobs in Glens Falls aligns precisely with the national average, indicating a stable and balanced job market. The presence of 1000 jobs per 1,000 workers further underscores the consistent demand for labor within the area, suggesting a robust employment environment.
Salary Overview
The average All Occupations in Glens Falls, NY earns-8.6%below the national average.
$29.5
$1,180
$5,114
All Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for All Occupations in Glens Falls, NY, have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for skilled labor, and evolving economic conditions within the region, leading to a gradual upward trajectory in average earnings.
All Occupations Salary Distribution in Glens Falls, NY
Salary progression in Glens Falls, NY, for All Occupations, typically sees a significant increase from entry-level to senior positions. While the exact percentile gaps are not detailed here, the difference between the 25th percentile (entry-level) and the 75th percentile (senior) often represents substantial career advancement and skill development. This scaling reflects the value placed on experience and expertise within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $31,530 | $15.2 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $46,028 | $22.1 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $48,360 | $23.3 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $76,713 | $36.9 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $102,380 | $49.2 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$61,370
Gross Pay
Real Wage (Purchasing Power)
$61,370
Adjusted for COL (100)
The nominal average annual salary of $61,370 in Glens Falls, NY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the average salary in Glens Falls is equivalent to the national average, indicating a balanced economic environment where wages generally keep pace with the cost of essential goods and services.
Job Market Context
50,290
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Glens Falls, NY has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
With a Location Quotient of 1 for All Occupations, Glens Falls, NY, presents a job market that is neither significantly more nor less concentrated than the national average. This suggests a balanced competitive landscape, where the availability of jobs is in line with the national distribution. Professionals entering or established in Glens Falls can expect a market that reflects typical national employment patterns for a wide range of roles.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Albany-Schenectady-Troy, NY All Occupations Salary | $70,140↑ 14% | 45 mi |
| Pittsfield, MA All Occupations Salary | $67,290↑ 10% | 62 mi |
| Northern Vermont nonmetropolitan area All Occupations Salary | $64,110↑ 4% | 69 mi |
| Southern Vermont nonmetropolitan area All Occupations Salary | $62,470↑ 2% | 69 mi |
| Utica-Rome, NY All Occupations Salary | $59,660↓ 3% | 81 mi |
Comparing salaries near Glens Falls, NY
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Glens Falls, NY?
The median annual salary for a All Occupations in Glens Falls, NY is $61,370. This typically ranges from $31,530 for entry-level positions to $102,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Glens Falls, NY is 8.6% lower than the national median of $67,140.
Is Glens Falls, NY a lucrative place for All Occupationss?
No, Glens Falls, NY, is not considered a particularly lucrative place for All Occupationss compared to the national average.The average salary of $61,370 is below the national average of $67,140, and while the cost of living is average, the lower nominal pay suggests less financial advantage.
Is Glens Falls, NY a good place to live for All Occupations?
The Cost of Living Index in Glens Falls, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Glens Falls, NY?
Some top paying nearby cities include Albany-Schenectady-Troy, NY ($70,140) and Pittsfield, MA.
How does the cost of living in Glens Falls, NY compare to the national average?
The cost of living in Glens Falls, NY, is exactly at the national average, indicated by a Cost of Living Index of 100. This means that, on average, prices for goods and services are neither significantly higher nor lower than the typical U.S. city.
What is the job market like for All Occupations in Glens Falls, NY?
The job market in Glens Falls, NY, for All Occupations is stable and mirrors the national average in terms of job concentration, with a Location Quotient of 1. The area supports a large workforce, indicating consistent employment opportunities.
How many people work in All Occupations in Glens Falls, NY?
Glens Falls, NY, has a total local workforce of 50,290 individuals across all occupations, reflecting a significant labor pool within the region.
Does experience significantly impact salaries for All Occupations in Glens Falls, NY?
Yes, experience typically leads to higher salaries for All Occupations in Glens Falls, NY, as is common across most job markets. While specific data isn't provided, the progression from entry-level to senior roles usually involves substantial salary increases.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50,290 employees in the Glens Falls, NY 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 Glens Falls, NY