Average Coil Winders, Tapers, and Finishers Salary in Albany-Schenectady-Troy, NY
Coil Winders, Tapers, and Finishers in the Albany-Schenectady-Troy, NY area earn a robust average annual salary of $67,690, significantly outpacing the national average of $48,880. This substantial difference is often driven by the specialized nature of the industry in this region and the demand for skilled labor within its manufacturing and industrial sectors.
Executive Summary
- Average Salary: $67,690 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $96,640.
- Outlook: The local job market for Coil Winders, Tapers, and Finishers in Albany-Schenectady-Troy, NY, appears robust, supported by a local workforce of 290 professionals. The exceptionally high Location Quotient of 8.18 indicates a strong concentration of these roles relative to the national average, suggesting consistent demand and a stable employment landscape for skilled individuals in this sector.
Salary Overview
The average Coil Winders, Tapers, and Finishers in Albany-Schenectady-Troy, NY earns+38.5%above the national average.
$32.5
$1,302
$5,641
Coil Winders, Tapers, and Finishers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Coil Winders, Tapers, and Finishers in Albany-Schenectady-Troy, NY, have experienced growth over the past four years, mirroring general economic trends and inflation. Increased demand for manufactured goods and advancements in production technologies likely contribute to upward pressure on wages for these specialized roles.
Coil Winders, Tapers, and Finishers Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for Coil Winders, Tapers, and Finishers typically scales with experience and skill specialization. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with expertise in complex winding techniques or quality control can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression opportunities and the value placed on accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $50,040 | $24.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $50,768 | $24.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,910 | $28.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $84,613 | $40.7 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $96,640 | $46.5 |
Detailed Coil Winders, Tapers, and Finishers Market Analysis
Relocation Context
Nominal Salary
$67,690
Gross Pay
Real Wage (Purchasing Power)
$67,690
Adjusted for COL (100)
The average annual salary of $67,690 in Albany-Schenectady-Troy, NY, is particularly attractive given the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of the higher salary is not eroded by a disproportionately expensive local economy, allowing for a comfortable standard of living for these professionals.
Job Market Context
290
Total Jobs
0.646
Per 1K Jobs
8.18
Location Quotient
Albany-Schenectady-Troy, NY has 8.2x the national concentration of Coil Winders, Tapers, and Finishers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 8.18, the Albany-Schenectady-Troy, NY, metropolitan area exhibits a highly concentrated market for Coil Winders, Tapers, and Finishers. This indicates that the demand for these specific skills is significantly higher here than the national average, suggesting a competitive environment for employers seeking talent but favorable conditions for job seekers.
Nearby Job Markets
Nearby Cities for Coil Winders, Tapers, and Finishers
| City | Salary | Dist. |
|---|---|---|
| Southwest New York nonmetropolitan area Coil Winders, Tapers, and Finishers Salary | $45,430↓ 33% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Coil Winders, Tapers, and Finisherss?
Frequently Asked Questions
How much does a Coil Winders, Tapers, and Finishers make in Albany-Schenectady-Troy, NY?
The median annual salary for a Coil Winders, Tapers, and Finishers in Albany-Schenectady-Troy, NY is $67,690. This typically ranges from $50,040 for entry-level positions to $96,640 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 38.5% higher than the national median of $48,880.
Is Albany-Schenectady-Troy, NY a lucrative place for Coil Winders, Tapers, and Finisherss?
Yes, it is a highly lucrative location.The average salary of $67,690 is substantially higher than the national average, and the cost of living is on par with the national average, making it an economically advantageous area.
Is Albany-Schenectady-Troy, NY a good place to live for Coil Winders, Tapers, and Finishers?
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 Southwest New York nonmetropolitan area ($45,430) and others.
How does the local workforce size impact job availability?
A local workforce of 290 suggests a dedicated pool of talent, which can indicate both stability and potential competition. However, the high Location Quotient implies demand often outstrips this local supply.
What does a Location Quotient of 8.18 mean for job seekers?
A Location Quotient of 8.18 signifies that Coil Winders, Tapers, and Finishers are over 8 times more concentrated in Albany-Schenectady-Troy, NY, than in the average U.S. location, pointing to strong regional demand.
Are there significant salary differences based on experience?
Yes, experience is a key driver of salary. More experienced Coil Winders, Tapers, and Finishers with specialized skills will command higher salaries than entry-level workers.
How does the cost of living in Albany-Schenectady-Troy, NY compare nationally?
The cost of living in Albany-Schenectady-Troy, NY, is precisely at the national average (100), meaning your salary's purchasing power is not diminished by higher local expenses.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.646 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Coil Winders, Tapers, and Finishers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY