Average All Occupations Salary in Ithaca, NY
In Ithaca, NY, the average annual salary for All Occupations stands at a robust $70,890. This figure notably surpasses the national average of $67,140, indicating a potentially stronger local economy or specific industry demands driving compensation. Factors such as the presence of major educational institutions and research facilities likely contribute to this elevated pay scale.
Executive Summary
- Average Salary: $70,890 per year.
- Growth Trend: Salaries have shifted 9.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,810.
- Outlook: Ithaca, NY boasts a substantial local workforce of 48,030 individuals, with 1,000 jobs per thousand workers in All Occupations. The Location Quotient of 1 signifies that the concentration of these roles aligns precisely with the national average, suggesting a stable and balanced job market that mirrors national trends in employment opportunities.
Salary Overview
The average All Occupations in Ithaca, NY earns+5.6%above the national average.
$34.1
$1,363
$5,908
All Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for All Occupations in Ithaca, NY have experienced consistent growth over the past four years, mirroring broader economic trends. This upward trajectory is likely influenced by inflation, increased demand for skilled labor, and the overall economic vitality of the region.
All Occupations Salary Distribution in Ithaca, NY
Salary progression in All Occupations typically scales significantly with experience. Entry-level positions often represent the lower percentiles of the $70,890 average, while senior or highly specialized roles command salaries in the upper percentiles. This widening gap between entry-level and senior compensation underscores the substantial career advancement and earning potential available within the Ithaca job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $33,560 | $16.1 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $53,168 | $25.6 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $56,350 | $27.1 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $88,613 | $42.6 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $123,810 | $59.5 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$70,890
Gross Pay
Real Wage (Purchasing Power)
$70,890
Adjusted for COL (100)
The average annual salary of $70,890 in Ithaca, NY aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of an Ithaca resident's salary is comparable to that of the typical American, offering a stable financial environment for those living and working in the city.
Job Market Context
48,030
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Ithaca, NY has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
With a Location Quotient of 1, Ithaca, NY's job market for All Occupations is neither significantly more nor less concentrated than the national average. This indicates a balanced competitive landscape where job availability and the number of professionals in the field are in equilibrium with national benchmarks, suggesting steady but not exceptionally high competition.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Elmira, NY All Occupations Salary | $60,290↓ 15% | 29 mi |
| Binghamton, NY All Occupations Salary | $63,810↓ 10% | 39 mi |
| Syracuse, NY All Occupations Salary | $65,440↓ 8% | 45 mi |
| Rochester, NY All Occupations Salary | $65,340↓ 8% | 75 mi |
| Utica-Rome, NY All Occupations Salary | $59,660↓ 16% | 79 mi |
Comparing salaries near Ithaca, NY
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Ithaca, NY?
The median annual salary for a All Occupations in Ithaca, NY is $70,890. This typically ranges from $33,560 for entry-level positions to $123,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ithaca, NY is 5.6% higher than the national median of $67,140.
Is Ithaca, NY a lucrative place for All Occupationss?
Yes, Ithaca, NY offers competitive compensation for All Occupations.The average salary of $70,890 is higher than the national average, and the cost of living is on par with the national average, suggesting good earning potential.
Is Ithaca, NY a good place to live for All Occupations?
The Cost of Living Index in Ithaca, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Ithaca, NY?
Some top paying nearby cities include Elmira, NY ($60,290) and Binghamton, NY.
How does Ithaca's average salary compare to the national average?
The average annual salary for All Occupations in Ithaca, NY is $70,890, which is higher than the national average of $67,140.
What is the Cost of Living in Ithaca, NY?
Ithaca, NY has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the United States.
How large is the workforce in Ithaca, NY for All Occupations?
The total local workforce for All Occupations in Ithaca, NY comprises 48,030 individuals, with 1,000 jobs per 1,000 workers.
Is the job market for All Occupations concentrated in Ithaca, NY?
The Location Quotient for All Occupations in Ithaca, NY is 1, indicating that the concentration of these jobs is the same as the national average, suggesting a balanced market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 48,030 employees in the Ithaca, 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 Ithaca, NY