Average Computer Occupations, All Other Salary in Albany-Schenectady-Troy, NY
In Albany-Schenectady-Troy, NY, Computer Occupations, All Other professionals earn an average annual salary of $98,430. This figure is notably below the national average of $116,810, suggesting that local market dynamics and potentially a different demand-supply balance influence compensation in this region. While the nominal salary is lower, the cost of living parity offers a unique perspective on purchasing power.
Executive Summary
- Average Salary: $98,430 per year.
- Growth Trend: Salaries have shifted 51.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $158,490.
- Outlook: The local job market for Computer Occupations, All Other in Albany-Schenectady-Troy, NY, comprises approximately 670 workers. With a Location Quotient of 0.53, the concentration of these roles is below the national average, indicating a less specialized local market compared to national trends. The presence of 1.52 jobs per 1,000 workers suggests a moderate but not exceptionally high demand for these specialized IT roles within the area.
Salary Overview
The average Computer Occupations, All Other in Albany-Schenectady-Troy, NY earns-15.7%below the national average.
$47.3
$1,893
$8,203
Computer Occupations, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the tech sector, including 'Computer Occupations, All Other,' has experienced consistent salary growth over the past four years across most US metropolitan areas. This trend is driven by increasing digitalization, evolving technological landscapes, and a persistent demand for skilled IT professionals, which likely also applies to the Albany-Schenectady-Troy region, albeit potentially at a different rate than the national average.
Computer Occupations, All Other Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for 'Computer Occupations, All Other' typically scales significantly with experience. Entry-level positions will command lower salaries, while senior roles, requiring specialized skills and extensive project management, can see substantial increases. The percentile gaps between junior and senior roles highlight clear career progression pathways and the increasing value placed on expertise and leadership within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $52,610 | $25.3 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $73,823 | $35.5 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $89,610 | $43.1 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $123,038 | $59.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $158,490 | $76.2 |
Detailed Computer Occupations, All Other Market Analysis
Relocation Context
Nominal Salary
$98,430
Gross Pay
Real Wage (Purchasing Power)
$98,430
Adjusted for COL (100)
The average annual salary of $98,430 in Albany-Schenectady-Troy, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned by professionals in this field holds its purchasing power directly against the national standard, offering a stable financial standing without the immediate pressure of higher or lower living expenses compared to the rest of the country.
Job Market Context
670
Total Jobs
1.52
Per 1K Jobs
0.53
Location Quotient
Albany-Schenectady-Troy, NY has 0.53x the national average concentration of Computer Occupations, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.53 for 'Computer Occupations, All Other' in Albany-Schenectady-Troy, NY, indicates that this sector is less concentrated locally than the national average. This suggests that while opportunities exist, the market may not be saturated, potentially offering a competitive environment for skilled professionals seeking roles. It implies that employers might need to actively recruit talent from outside the immediate region to fill specialized positions.
Nearby Job Markets
Nearby Cities for Computer Occupations, All Other
| City | Salary | Dist. |
|---|---|---|
| Kingston, NY Computer Occupations, All Other Salary | $86,830↓ 12% | 52 mi |
| Southwest New York nonmetropolitan area Computer Occupations, All Other Salary | $85,820↓ 13% | 68 mi |
| Central East New York nonmetropolitan area Computer Occupations, All Other Salary | $86,460↓ 12% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Computer Occupations, All Others?
Frequently Asked Questions
How much does a Computer Occupations, All Other make in Albany-Schenectady-Troy, NY?
The median annual salary for a Computer Occupations, All Other in Albany-Schenectady-Troy, NY is $98,430. This typically ranges from $52,610 for entry-level positions to $158,490 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 15.7% lower than the national median of $116,810.
Is Albany-Schenectady-Troy, NY a lucrative place for Computer Occupations, All Others?
No, not exceptionally lucrative compared to the national average.The average salary of $98,430 is below the national average of $116,810, although the cost of living is on par with the national average.
Is Albany-Schenectady-Troy, NY a good place to live for Computer Occupations, All Others?
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 Kingston, NY ($86,830) and Southwest New York nonmetropolitan area.
How does the local workforce size affect job prospects?
With 670 workers in 'Computer Occupations, All Other,' the local workforce is of a moderate size. This suggests a stable, but not rapidly expanding, job market for these roles within Albany-Schenectady-Troy, NY.
What does a Location Quotient of 0.53 signify?
A Location Quotient of 0.53 means that 'Computer Occupations, All Other' are less concentrated in Albany-Schenectady-Troy, NY, than they are nationally. This could imply fewer specialized roles but potentially less competition for certain positions.
How does the Cost of Living in Albany-Schenectady-Troy compare nationally?
The Cost of Living Index is 100, which is exactly the national average. This means that the expenses for housing, goods, and services in Albany-Schenectady-Troy are comparable to the typical US metropolitan area.
Are there many 'Computer Occupations, All Other' jobs per capita in this area?
There are 1.52 jobs per 1,000 workers in this category. This indicates a moderate presence of these roles within the local labor force, neither exceptionally high nor low.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 670 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.52 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 Occupations, All Other • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY