Average Computer and Mathematical Occupations Salary in Albany-Schenectady-Troy, NY
In the Albany-Schenectady-Troy, NY metropolitan area, professionals in Computer and Mathematical Occupations earn an average annual salary of $97,270. This figure is notably below the national average of $119,220, suggesting that local market dynamics, industry concentration, and potentially the cost of doing business influence compensation within this sector.
Executive Summary
- Average Salary: $97,270 per year.
- Growth Trend: Salaries have shifted 16.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $149,350.
- Outlook: The Albany-Schenectady-Troy region supports a substantial workforce of 15,050 individuals in Computer and Mathematical Occupations. With a Location Quotient of 1.01, the concentration of these roles is nearly on par with the national average, indicating a stable and established presence of tech and data-related jobs within the local economy.
Salary Overview
The average Computer and Mathematical Occupations in Albany-Schenectady-Troy, NY earns-18.4%below the national average.
$46.8
$1,871
$8,106
Computer and Mathematical Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that the Computer and Mathematical Occupations sector in Albany-Schenectady-Troy has experienced growth over the past four years, mirroring national trends. This growth likely translates to increased demand for skilled professionals and potentially upward pressure on average salaries, though regional economic factors can moderate this effect.
Computer and Mathematical Occupations Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression within Computer and Mathematical Occupations is significantly influenced by experience and specialization. Entry-level positions typically command lower salaries, while senior roles, requiring advanced skills and a proven track record, can reach much higher compensation levels. The gap between the 25th and 75th percentiles often signifies the potential for career advancement and increased earning power.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $54,890 | $26.4 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $72,953 | $35.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $90,610 | $43.6 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $121,588 | $58.5 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $149,350 | $71.8 |
Detailed Computer and Mathematical Occupations Market Analysis
Relocation Context
Nominal Salary
$97,270
Gross Pay
Real Wage (Purchasing Power)
$97,270
Adjusted for COL (100)
The average annual salary of $97,270 in Albany-Schenectady-Troy aligns perfectly with the national Cost of Living Index of 100. This means that, on average, the purchasing power of a salary in this region is equivalent to the national average, making it neither exceptionally expensive nor remarkably affordable from a cost-of-living perspective.
Job Market Context
15,050
Total Jobs
33.964
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Computer and Mathematical Occupations roles compared to the national norm.
A Location Quotient of 1.01 for Computer and Mathematical Occupations in Albany-Schenectady-Troy suggests a job market that is closely aligned with the national average in terms of industry concentration. This indicates a balanced market where the demand for these professionals is present and consistent with broader economic trends, without being overly saturated or exceptionally scarce.
Nearby Job Markets
Nearby Cities for Computer and Mathematical Occupations
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Computer and Mathematical Occupations Salary | $114,250↑ 17% | 31 mi |
| Kingston, NY Computer and Mathematical Occupations Salary | $97,180↓ 0% | 52 mi |
| Southwest New York nonmetropolitan area Computer and Mathematical Occupations Salary | $91,080↓ 6% | 68 mi |
| Central East New York nonmetropolitan area Computer and Mathematical Occupations Salary | $88,890↓ 9% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Computer and Mathematical Occupationss?
Frequently Asked Questions
How much does a Computer and Mathematical Occupations make in Albany-Schenectady-Troy, NY?
The median annual salary for a Computer and Mathematical Occupations in Albany-Schenectady-Troy, NY is $97,270. This typically ranges from $54,890 for entry-level positions to $149,350 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 18.4% lower than the national median of $119,220.
Is Albany-Schenectady-Troy, NY a lucrative place for Computer and Mathematical Occupationss?
No, not exceptionally lucrative compared to the national average.While the average salary of $97,270 is substantial, it falls below the national average of $119,220. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Albany-Schenectady-Troy, NY a good place to live for Computer and Mathematical Occupations?
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 ($114,250) and Kingston, NY.
How does the Albany-Schenectady-Troy salary compare to the national average?
The average salary for Computer and Mathematical Occupations in Albany-Schenectady-Troy is $97,270, which is $22,000 less than the national average of $119,220.
What is the concentration of Computer and Mathematical Occupations jobs in Albany-Schenectady-Troy?
The concentration, measured by the Location Quotient, is 1.01, indicating that the presence of these jobs is almost exactly at the national average level.
How does the cost of living affect the salary in Albany-Schenectady-Troy?
With a Cost of Living Index of 100, the salary of $97,270 has the same purchasing power as the national average salary, meaning it is neither significantly boosted nor diminished by local living expenses.
How many Computer and Mathematical Occupations jobs are there per 1,000 workers in Albany-Schenectady-Troy?
There are approximately 33.964 jobs per 1,000 workers in Computer and Mathematical Occupations in the Albany-Schenectady-Troy area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,050 employees in the Albany-Schenectady-Troy, NY area with a job density of 33.964 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Computer and Mathematical Occupations • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY