SalaryNode

Average All Occupations Salary in Syracuse, NY

In Syracuse, NY, the average annual salary for All Occupations stands at $65,440, slightly below the national average of $67,140. This marginal difference is often influenced by regional economic factors, industry concentrations, and the specific demand for various roles within the Syracuse metropolitan area. While not reaching the national benchmark, Syracuse offers a stable employment landscape for its substantial workforce.

Executive Summary

  • Average Salary: $65,440 per year.
  • Growth Trend: Salaries have shifted 19.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $107,590.
  • Outlook: Syracuse, NY boasts a significant local workforce of 295,110 individuals, indicating a robust and active labor market. With a Location Quotient of 1, the concentration of All Occupations in Syracuse mirrors the national average, suggesting a balanced demand and supply dynamic. This equilibrium points to a stable job market where opportunities are consistently available for professionals across various sectors.
2024 Market Data

Salary Overview

$65,440

The average All Occupations in Syracuse, NY earns-2.5%below the national average.

BreakdownBased on 40h/week
Hourly

$31.5

Weekly

$1,258

Monthly

$5,453

All Occupations Salary Distribution in Syracuse, NY

Salary progression in All Occupations within Syracuse, NY, typically follows a clear trajectory from entry-level to senior positions. Entry-level roles might fall in the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between these percentiles signifies substantial career growth and increased earning potential as one advances.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$32,740$15.7
ExperiencedProficient professional working independently.25% (Junior)$49,080$23.6
Mid-LevelEstablished expert. Standard market value.50% (Median)$50,800$24.4
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$81,800$39.3
Top TierIndustry leader / Executive level compensation.90% (Expert)$107,590$51.7

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$65,440

Gross Pay

Real Wage (Purchasing Power)

$65,440

Adjusted for COL (100)

The nominal average salary of $65,440 in Syracuse, 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 Syracuse is equivalent to the national average. Consequently, relocating to Syracuse does not present a significant advantage or disadvantage in terms of affordability relative to national standards.

Job Market Context

295,110

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Syracuse, NY 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 Syracuse, NY, indicates that the concentration of these jobs within the local workforce is precisely in line with the national average. This suggests a balanced and competitive job market, neither overly saturated nor experiencing a significant shortage of professionals in these roles. Opportunities are likely steady, reflecting the general national employment trends.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Syracuse, NY

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Syracuse, NY?

The median annual salary for a All Occupations in Syracuse, NY is $65,440. This typically ranges from $32,740 for entry-level positions to $107,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Syracuse, NY is 2.5% lower than the national median of $67,140.

Is Syracuse, NY a lucrative place for All Occupationss?

No, not significantly more lucrative than the national average.The average salary of $65,440 is slightly below the national average of $67,140, and the cost of living is exactly at the national average. This indicates comparable earning potential and purchasing power.

Is Syracuse, NY a good place to live for All Occupations?

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

Where are the highest paying cities near Syracuse, NY?

Some top paying nearby cities include Ithaca, NY ($70,890) and Utica-Rome, NY.

How does Syracuse's average salary compare to the national average?

The average annual salary for All Occupations in Syracuse, NY is $65,440, which is slightly lower than the national average of $67,140.

What is the cost of living in Syracuse, NY?

Syracuse, NY has a Cost of Living Index of 100, which is exactly the national average, meaning it is neither more nor less expensive to live there compared to the rest of the country.

How concentrated are All Occupations jobs in Syracuse?

The Location Quotient for All Occupations in Syracuse is 1, indicating that the concentration of these jobs is the same as the national average.

What is the size of the workforce in Syracuse, NY?

Syracuse, NY has a total local workforce of 295,110 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 295,110 employees in the Syracuse, NY area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.