SalaryNode

Average Clinical and Counseling Psychologists Salary in Albany-Schenectady-Troy, NY

Clinical and Counseling Psychologists in the Albany-Schenectady-Troy, NY area earn an average annual salary of $103,630. This figure is slightly below the national average of $107,350, suggesting a localized compensation structure influenced by regional economic factors and demand within the Capital Region. While not reaching the national benchmark, the salary reflects the specialized nature of the profession and the specific market dynamics at play.

Executive Summary

  • Average Salary: $103,630 per year.
  • Growth Trend: Salaries have shifted 4.8% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $149,500.
  • Outlook: The Albany-Schenectady-Troy area supports a dedicated workforce of 270 Clinical and Counseling Psychologists. With a Location Quotient of 1.3, this indicates a concentration of these professionals that is 30% higher than the national average. This elevated quotient suggests a robust demand and a well-established presence for this profession within the region, pointing towards a stable and potentially growing job market for these specialists.
2024 Market Data

Salary Overview

$103,630

The average Clinical and Counseling Psychologists in Albany-Schenectady-Troy, NY earns-3.5%below the national average.

BreakdownBased on 40h/week
Hourly

$49.8

Weekly

$1,993

Monthly

$8,636

Clinical and Counseling Psychologists Salary Distribution in Albany-Schenectady-Troy, NY

The career path for Clinical and Counseling Psychologists typically involves significant salary progression based on experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior-level compensation signifies the value placed on accumulated expertise, leadership, and advanced practice within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$59,590$28.6
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$77,723$37.4
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$98,170$47.2
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$129,538$62.3
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$149,500$71.9

Detailed Clinical and Counseling Psychologists Market Analysis

Relocation Context

Nominal Salary

$103,630

Gross Pay

Real Wage (Purchasing Power)

$103,630

Adjusted for COL (100)

The average annual salary of $103,630 for Clinical and Counseling Psychologists in Albany-Schenectady-Troy aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, indicating that the nominal salary offers a standard of living comparable to the rest of the country, without significant financial advantages or disadvantages due to living expenses.

Job Market Context

270

Total Jobs

0.608

Per 1K Jobs

1.3

Location Quotient

Above Average

With a location quotient of 1.30, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Clinical and Counseling Psychologists roles compared to the national norm.

A Location Quotient of 1.3 for Clinical and Counseling Psychologists in Albany-Schenectady-Troy signifies a notable concentration of these professionals compared to the national average. This suggests that the job market in this region is more specialized or has a higher demand relative to its overall workforce size than many other areas. While not indicating an oversaturation, it points to a competitive environment where the presence of these specialists is a key feature of the local healthcare landscape.

Nearby Job Markets

Nearby Cities for Clinical and Counseling Psychologists

CitySalaryDist.
Pittsfield, MA Clinical and Counseling Psychologists Salary$110,770↑ 7%31 mi
Glens Falls, NY Clinical and Counseling Psychologists Salary$106,390↑ 3%45 mi
Southwest New York nonmetropolitan area Clinical and Counseling Psychologists Salary$114,270↑ 10%68 mi
Central East New York nonmetropolitan area Clinical and Counseling Psychologists Salary$103,640↑ 0%68 mi

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring Clinical and Counseling Psychologistss?

Frequently Asked Questions

How much does a Clinical and Counseling Psychologists make in Albany-Schenectady-Troy, NY?

The median annual salary for a Clinical and Counseling Psychologists in Albany-Schenectady-Troy, NY is $103,630. This typically ranges from $59,590 for entry-level positions to $149,500 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 3.5% lower than the national median of $107,350.

Is Albany-Schenectady-Troy, NY a lucrative place for Clinical and Counseling Psychologists?

Yes, with a stable market presence.The average salary of $103,630 is competitive, and the Location Quotient of 1.3 indicates a higher-than-average concentration of these roles, suggesting consistent demand.

Is Albany-Schenectady-Troy, NY a good place to live for Clinical and Counseling Psychologists?

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 ($110,770) and Glens Falls, NY.

How does the Albany psychologist salary compare to the national average?

Clinical and Counseling Psychologists in Albany-Schenectady-Troy earn an average of $103,630 annually, which is slightly lower than the national average of $107,350.

What is the cost of living in Albany-Schenectady-Troy, NY?

The Cost of Living Index for Albany-Schenectady-Troy is 100, which is exactly the national average, meaning expenses are neither significantly higher nor lower than the typical US city.

How many Clinical and Counseling Psychologists work in the Albany area?

There are approximately 270 Clinical and Counseling Psychologists employed in the Albany-Schenectady-Troy metropolitan area.

Does a higher Location Quotient mean more job opportunities?

A Location Quotient above 1.0, like the 1.3 for psychologists in Albany, suggests a higher concentration of these jobs relative to the national average, often indicating a strong or specialized market demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.608 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Albany-Schenectady-Troy, NY

Semantic Salary Analysis for Clinical and Counseling Psychologists • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY