Yes, Albany-Schenectady-Troy, NY is a highly lucrative market for Coin, Vending, and Amusement Machine Servicers and Repairerss. With an average annual salary of $53,520, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $53,520 per year.
- Growth Trend: Salaries have shifted 17.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $72,550.
- Outlook: The current demand for Coin, Vending, and Amusement Machine Servicers and Repairerss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
Salary Overview
The average Coin, Vending, and Amusement Machine Servicers and Repairers in Albany-Schenectady-Troy, NY earns+12.2%above the national average.
$25.7
$1,029
$4,460
Coin, Vending, and Amusement Machine Servicers and Repairers Salary Trends (2020-2024)
Over the past 2 years, Coin, Vending, and Amusement Machine Servicers and Repairers salaries in Albany-Schenectady-Troy, NY have shown healthy growth of 17.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Coin, Vending, and Amusement Machine Servicers and Repairers Salary Distribution in Albany-Schenectady-Troy, NY
The earning potential for Coin, Vending, and Amusement Machine Servicers and Repairerss in Albany-Schenectady-Troy, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $40,280, while highly experienced professionals can command wages upwards of $72,550.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $40,280 | $19.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $40,140 | $19.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $50,700 | $24.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $66,900 | $32.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $72,550 | $34.9 |
Detailed Coin, Vending, and Amusement Machine Servicers and Repairers Market Analysis
Relocation Context
Nominal Salary
$53,520
Gross Pay
Real Wage (Purchasing Power)
$53,520
Adjusted for COL (100)
In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $53,520 to $53,520.
Job Market Context
70
Total Jobs
0.161
Per 1K Jobs
0.88
Location Quotient
Albany-Schenectady-Troy, NY has 0.88x the national average concentration of Coin, Vending, and Amusement Machine Servicers and Repairers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
70 people work as Coin, Vending, and Amusement Machine Servicers and Repairers in Albany-Schenectady-Troy, NY.
Only 0.161 out of every 1,000 local jobs are Coin, Vending, and Amusement Machine Servicers and Repairers roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Coin, Vending, and Amusement Machine Servicers and Repairers
| City | Salary | Dist. |
|---|---|---|
| Southwest New York nonmetropolitan area Coin, Vending, and Amusement Machine Servicers and Repairers Salary | $51,060↓ 5% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Coin, Vending, and Amusement Machine Servicers and Repairerss?
Frequently Asked Questions
How much does a Coin, Vending, and Amusement Machine Servicers and Repairers make in Albany-Schenectady-Troy, NY?
The median annual salary for a Coin, Vending, and Amusement Machine Servicers and Repairers in Albany-Schenectady-Troy, NY is $53,520. This typically ranges from $40,280 for entry-level positions to $72,550 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 12.2% higher than the national median of $47,700.
Is Albany-Schenectady-Troy, NY a good place for Coin, Vending, and Amusement Machine Servicers and Repairerss?
Yes, Albany-Schenectady-Troy, NY is financially attractive for Coin, Vending, and Amusement Machine Servicers and Repairerss. The average salary of $53,520 exceeds the national average. See distinct detailed breakdown below.
Is Albany-Schenectady-Troy, NY a good place to live for Coin, Vending, and Amusement Machine Servicers and Repairers?
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 ($51,060) and others.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.161 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Coin, Vending, and Amusement Machine Servicers and Repairers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY