Average Construction and Extraction Occupations Salary in Glens Falls, NY
In Glens Falls, NY, professionals in Construction and Extraction Occupations can expect an average annual salary of $63,960. This figure is remarkably close to the national average of $64,030, indicating a stable and competitive compensation landscape. The slight parity suggests that local economic factors and demand are closely aligned with national trends for these essential roles.
Executive Summary
- Average Salary: $63,960 per year.
- Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,400.
- Outlook: With a local workforce of 2,250 individuals in Construction and Extraction Occupations, Glens Falls demonstrates a significant concentration of these roles, as evidenced by a Location Quotient of 1.09. This suggests that the industry is slightly more prevalent in Glens Falls compared to the national average, pointing towards a robust and potentially growing job market for skilled tradespeople in the region.
Salary Overview
The average Construction and Extraction Occupations in Glens Falls, NY earns-0.1%below the national average.
$30.8
$1,230
$5,330
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Construction and Extraction Occupations in Glens Falls, NY, have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by factors such as inflation, increased demand for infrastructure and housing, and the rising cost of skilled labor, ensuring that compensation remains competitive.
Construction and Extraction Occupations Salary Distribution in Glens Falls, NY
Within the Construction and Extraction Occupations sector in Glens Falls, NY, salary progression is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and supervisory experience can expect significantly higher earnings. The variance in pay across different experience levels, often reflected in salary percentiles, clearly delineates pathways for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $41,460 | $19.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $47,970 | $23.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $57,840 | $27.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $79,950 | $38.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $102,400 | $49.2 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$63,960
Gross Pay
Real Wage (Purchasing Power)
$63,960
Adjusted for COL (100)
The average annual salary of $63,960 in Glens Falls, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering residents a stable financial footing without the premium often associated with higher cost-of-living areas. For those considering a move, Glens Falls presents a balanced economic environment where wages effectively match living expenses.
Job Market Context
2,250
Total Jobs
44.823
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Glens Falls, NY has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.
The Location Quotient of 1.09 for Construction and Extraction Occupations in Glens Falls, NY, indicates a slightly higher concentration of these jobs compared to the national average. This suggests a healthy demand for these roles within the local economy, making the market competitive but also offering good opportunities for skilled workers. The presence of 44.823 jobs per 1,000 workers further reinforces the notion that this sector is a significant employer in the area.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Albany-Schenectady-Troy, NY Construction and Extraction Occupations Salary | $70,070↑ 10% | 45 mi |
| Pittsfield, MA Construction and Extraction Occupations Salary | $68,040↑ 6% | 62 mi |
| Northern Vermont nonmetropolitan area Construction and Extraction Occupations Salary | $58,250↓ 9% | 69 mi |
| Southern Vermont nonmetropolitan area Construction and Extraction Occupations Salary | $57,590↓ 10% | 69 mi |
| Utica-Rome, NY Construction and Extraction Occupations Salary | $60,630↓ 5% | 81 mi |
Comparing salaries near Glens Falls, NY
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Glens Falls, NY?
The median annual salary for a Construction and Extraction Occupations in Glens Falls, NY is $63,960. This typically ranges from $41,460 for entry-level positions to $102,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Glens Falls, NY is 0.1% lower than the national median of $64,030.
Is Glens Falls, NY a lucrative place for Construction and Extraction Occupationss?
Yes, Glens Falls, NY offers a competitive compensation landscape for Construction and Extraction Occupations.The average salary is nearly identical to the national average, and the cost of living is also at the national benchmark, indicating strong purchasing power for these roles.
Is Glens Falls, NY a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Glens Falls, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Glens Falls, NY?
Some top paying nearby cities include Albany-Schenectady-Troy, NY ($70,070) and Pittsfield, MA.
How does the Glens Falls salary compare to the national average?
The average annual salary for Construction and Extraction Occupations in Glens Falls, NY, is $63,960, which is very close to the national average of $64,030, suggesting comparable earning potential.
What is the significance of the Location Quotient in Glens Falls?
A Location Quotient of 1.09 indicates that Construction and Extraction Occupations are slightly more concentrated in Glens Falls than the national average, suggesting a strong local presence and demand for these jobs.
Does the Cost of Living affect the value of the salary in Glens Falls?
No, the Cost of Living Index in Glens Falls is 100, matching the national average. This means the $63,960 salary has the same purchasing power as the national average salary.
How large is the Construction and Extraction workforce in Glens Falls?
There are approximately 2,250 individuals employed in Construction and Extraction Occupations in Glens Falls, NY, representing a notable segment of the local labor market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,250 employees in the Glens Falls, NY area with a job density of 44.823 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Construction and Extraction Occupations • Data source: BLS OEWS 2024 •Jobs in Glens Falls, NY