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Average Computer and Information Systems Managers Salary in Binghamton, NY

In Binghamton, NY, Computer and Information Systems Managers earn an average annual salary of $178,890. This figure is notably below the national average of $192,070, suggesting that local market dynamics and potentially a lower cost of living contribute to this compensation difference. Understanding these local factors is crucial for IT management professionals in the region.

Executive Summary

  • Average Salary: $178,890 per year.
  • Growth Trend: Salaries have shifted 3.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $268,335.
  • Outlook: The Binghamton, NY market for Computer and Information Systems Managers, while not as concentrated as the national average with a Location Quotient of 0.52, still represents a stable presence with 2.186 jobs per 1,000 workers. The total local workforce of 210 indicates a defined, albeit smaller, pool of these specialized roles, suggesting consistent demand within the existing business infrastructure.
2024 Market Data

Salary Overview

$178,890

The average Computer and Information Systems Managers in Binghamton, NY earns-6.9%below the national average.

BreakdownBased on 40h/week
Hourly

$86

Weekly

$3,440

Monthly

$14,908

Computer and Information Systems Managers Salary Distribution in Binghamton, NY

Salary progression for Computer and Information Systems Managers in Binghamton, NY, is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior managers with extensive experience and proven leadership skills can expect compensation towards the higher percentiles. The gap between entry-level and senior roles highlights the substantial career advancement and earning potential within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$100,190$48.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$134,168$64.5
ManagerOversees team, compliance, and project delivery.50% (Median)$171,880$82.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$223,613$107.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$268,335$129

Detailed Computer and Information Systems Managers Market Analysis

Relocation Context

Nominal Salary

$178,890

Gross Pay

Real Wage (Purchasing Power)

$178,890

Adjusted for COL (100)

The average annual salary of $178,890 in Binghamton, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an IT Manager's salary in Binghamton is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.

Job Market Context

210

Total Jobs

2.186

Per 1K Jobs

0.52

Location Quotient

Below Average

Binghamton, NY has 0.52x the national average concentration of Computer and Information Systems Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.52, Binghamton, NY, has a lower concentration of Computer and Information Systems Managers compared to the national average. This suggests that while the roles exist and are filled, the market is less saturated, potentially offering a more accessible entry point for qualified professionals or indicating a specialized local demand rather than widespread abundance.

Nearby Job Markets

Hiring Computer and Information Systems Managerss?

Frequently Asked Questions

How much does a Computer and Information Systems Managers make in Binghamton, NY?

The median annual salary for a Computer and Information Systems Managers in Binghamton, NY is $178,890. This typically ranges from $100,190 for entry-level positions to $268,335 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 6.9% lower than the national median of $192,070.

Is Binghamton, NY a lucrative place for Computer and Information Systems Managerss?

No, not exceptionally lucrative compared to the national average.While the average salary of $178,890 is substantial, it falls below the national average of $192,070. However, the cost of living being at the national average means the salary's purchasing power is equivalent.

Is Binghamton, NY a good place to live for Computer and Information Systems Managers?

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

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Ithaca, NY ($172,490) and Elmira, NY.

How does Binghamton's IT Manager salary compare to the national average?

The average salary for Computer and Information Systems Managers in Binghamton, NY is $178,890, which is approximately 6.8% lower than the national average of $192,070.

What is the concentration of IT Managers in Binghamton, NY?

Binghamton has a lower concentration of these roles, indicated by a Location Quotient of 0.52, meaning there are fewer IT Managers per worker relative to the national average.

How does the Cost of Living in Binghamton affect salary perception?

With a Cost of Living Index of 100, Binghamton's cost of living is exactly at the national average. Therefore, the $178,890 salary offers purchasing power equivalent to the national average salary.

What does the job market size suggest for IT Managers in Binghamton?

The local workforce of 210 IT Managers and 2.186 jobs per 1,000 workers indicates a niche but present market, suggesting steady opportunities for those in the field.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Binghamton, NY area with a job density of 2.186 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.