Average Computer and Mathematical Occupations Salary in Binghamton, NY
In Binghamton, NY, professionals in Computer and Mathematical Occupations earn an average annual salary of $103,640. This figure is below the national average of $119,220, reflecting a localized market dynamic. Factors such as the regional demand for specialized tech skills and the overall economic landscape of the area contribute to this salary differential.
Executive Summary
- Average Salary: $103,640 per year.
- Growth Trend: Salaries have shifted 17.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,760.
- Outlook: Binghamton, NY supports a local workforce of 2,740 individuals in Computer and Mathematical Occupations. With a Location Quotient of 0.84, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated market. The presence of nearly 28.4 jobs per 1,000 workers indicates a consistent demand for talent within this sector in the region.
Salary Overview
The average Computer and Mathematical Occupations in Binghamton, NY earns-13.1%below the national average.
$49.8
$1,993
$8,637
Computer and Mathematical Occupations Salary Trends (2020-2024)
While specific historical data for Binghamton's Computer and Mathematical Occupations is not provided, it is reasonable to assume a trend of salary growth mirroring national patterns over the past four years. Economic shifts and increasing demand for tech expertise typically drive upward salary adjustments, even in localized markets, suggesting that compensation for these roles has likely seen incremental increases.
Computer and Mathematical Occupations Salary Distribution in Binghamton, NY
Salary progression within Computer and Mathematical Occupations in Binghamton, NY, is significantly influenced by experience. Entry-level positions typically command lower salaries, while senior roles with extensive expertise and specialized skills can earn considerably more, potentially reaching higher percentiles of the salary range. The widening gap between entry-level and senior salaries signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $48,900 | $23.5 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $77,730 | $37.4 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $100,460 | $48.3 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $129,550 | $62.3 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $165,760 | $79.7 |
Detailed Computer and Mathematical Occupations Market Analysis
Relocation Context
Nominal Salary
$103,640
Gross Pay
Real Wage (Purchasing Power)
$103,640
Adjusted for COL (100)
The average annual salary of $103,640 in Binghamton, NY, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering a balanced lifestyle without the premium often associated with higher cost-of-living areas. Residents can expect their earnings to cover standard expenses at a rate comparable to the rest of the country.
Job Market Context
2,740
Total Jobs
28.416
Per 1K Jobs
0.84
Location Quotient
Binghamton, NY has 0.84x the national average concentration of Computer and Mathematical Occupations 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 0.84, Binghamton, NY, exhibits a slightly lower concentration of Computer and Mathematical Occupations compared to the national average. This suggests that while the field is present and active, it is not as dominant a sector as it might be in other regions. The market is moderately competitive, with opportunities available but perhaps fewer than in major tech hubs, offering a potentially more stable employment environment.
Nearby Job Markets
Nearby Cities for Computer and Mathematical Occupations
| City | Salary | Dist. |
|---|---|---|
| Ithaca, NY Computer and Mathematical Occupations Salary | $99,070↓ 4% | 39 mi |
| Elmira, NY Computer and Mathematical Occupations Salary | $83,150↓ 20% | 46 mi |
| Southwest New York nonmetropolitan area Computer and Mathematical Occupations Salary | $91,080↓ 12% | 49 mi |
| Central East New York nonmetropolitan area Computer and Mathematical Occupations Salary | $88,890↓ 14% | 49 mi |
| Capital/Northern New York nonmetropolitan area Computer and Mathematical Occupations Salary | $78,730↓ 24% | 49 mi |
Comparing salaries near Binghamton, NY
Hiring Computer and Mathematical Occupationss?
Frequently Asked Questions
How much does a Computer and Mathematical Occupations make in Binghamton, NY?
The median annual salary for a Computer and Mathematical Occupations in Binghamton, NY is $103,640. This typically ranges from $48,900 for entry-level positions to $165,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 13.1% lower than the national median of $119,220.
Is Binghamton, NY a lucrative place for Computer and Mathematical Occupationss?
No, not exceptionally lucrative compared to the national average.While the average salary of $103,640 is substantial, it falls below the national average of $119,220. However, the cost of living is at the national average, making the salary's purchasing power comparable.
Is Binghamton, NY a good place to live for Computer and Mathematical Occupations?
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 ($99,070) and Elmira, NY.
How does Binghamton's salary compare to the national average for Computer and Mathematical Occupations?
The average annual salary in Binghamton, NY, is $103,640, which is lower than the national average of $119,220 for Computer and Mathematical Occupations.
What is the cost of living in Binghamton, NY, relative to the national average?
Binghamton, NY, has a cost of living index of 100, which is exactly the national average. This means expenses for goods and services are comparable to the rest of the country.
How concentrated are Computer and Mathematical Occupations jobs in Binghamton, NY?
The concentration of these jobs in Binghamton, NY, is indicated by a Location Quotient of 0.84, meaning it is slightly less concentrated than the national average.
What is the total number of people employed in Computer and Mathematical Occupations in Binghamton, NY?
There are approximately 2,740 individuals employed in Computer and Mathematical Occupations in Binghamton, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,740 employees in the Binghamton, NY area with a job density of 28.416 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 Binghamton, NY