Average Construction Managers Salary in Albany-Schenectady-Troy, NY
Construction Managers in the Albany-Schenectady-Troy, NY area earn an impressive average annual salary of $145,960, significantly exceeding the national average of $119,770. This elevated compensation is often driven by the specific demands of regional infrastructure projects, the need for specialized construction expertise, and the overall economic landscape of the Capital Region.
Executive Summary
- Average Salary: $145,960 per year.
- Growth Trend: Salaries have shifted 47.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $213,110.
- Outlook: With a local workforce of 490 Construction Managers, the Albany-Schenectady-Troy area demonstrates a stable, albeit not hyper-concentrated, demand for these professionals. The Location Quotient of 0.49 suggests that while the profession is present, it is not disproportionately represented compared to the national average, indicating a balanced job market with consistent opportunities for skilled individuals.
Salary Overview
The average Construction Managers in Albany-Schenectady-Troy, NY earns+21.9%above the national average.
$70.2
$2,807
$12,163
Construction Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Construction Managers in Albany-Schenectady-Troy have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased construction costs, and a persistent demand for infrastructure development likely contribute to an upward trajectory in compensation for experienced professionals in this field.
Construction Managers Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for Construction Managers in Albany-Schenectady-Troy is strongly tied to experience and demonstrated project leadership. Entry-level positions typically command lower salaries, while senior roles, requiring extensive project management expertise and a proven track record, can reach significantly higher compensation levels, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $81,450 | $39.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $109,470 | $52.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $127,990 | $61.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $182,450 | $87.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $213,110 | $102.5 |
Detailed Construction Managers Market Analysis
Relocation Context
Nominal Salary
$145,960
Gross Pay
Real Wage (Purchasing Power)
$145,960
Adjusted for COL (100)
The average annual salary of $145,960 in Albany-Schenectady-Troy aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Construction Manager's salary in this region is equivalent to the national average, offering a stable financial standing without the immediate pressure of a significantly higher or lower cost of living.
Job Market Context
490
Total Jobs
1.112
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Albany-Schenectady-Troy, NY has a notably lower concentration of Construction Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.49 indicates that Construction Managers are less concentrated in the Albany-Schenectady-Troy area compared to the national average. This suggests that while there is a solid presence of these professionals, the market may not be saturated, potentially offering good opportunities for skilled individuals entering or advancing within the local construction management sector.
Nearby Job Markets
Nearby Cities for Construction Managers
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Construction Managers Salary | $129,040↓ 12% | 31 mi |
| Kingston, NY Construction Managers Salary | $103,960↓ 29% | 52 mi |
| Southwest New York nonmetropolitan area Construction Managers Salary | $106,530↓ 27% | 68 mi |
| Central East New York nonmetropolitan area Construction Managers Salary | $159,330↑ 9% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Construction Managerss?
Frequently Asked Questions
How much does a Construction Managers make in Albany-Schenectady-Troy, NY?
The median annual salary for a Construction Managers in Albany-Schenectady-Troy, NY is $145,960. This typically ranges from $81,450 for entry-level positions to $213,110 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 21.9% higher than the national median of $119,770.
Is Albany-Schenectady-Troy, NY a lucrative place for Construction Managers?
Yes, it is a lucrative place for Construction Managers.Construction Managers in this region earn substantially more than the national average, and the cost of living is on par with the national average, enhancing their effective earning potential.
Is Albany-Schenectady-Troy, NY a good place to live for Construction Managers?
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 ($129,040) and Kingston, NY.
How does the Albany-Schenectady-Troy salary compare to the national average?
The average annual salary of $145,960 in Albany-Schenectady-Troy is significantly higher than the national average of $119,770, representing a notable premium for professionals in this region.
What is the concentration of Construction Managers in this area?
The Location Quotient of 0.49 indicates that Construction Managers are less concentrated in Albany-Schenectady-Troy compared to the national average, suggesting a potentially less competitive job market.
Does the cost of living affect the value of the salary?
No, the Cost of Living Index is 100, matching the national average. This means the $145,960 salary offers purchasing power equivalent to the national average.
How many Construction Managers work in Albany-Schenectady-Troy?
There are approximately 490 Construction Managers employed in the Albany-Schenectady-Troy, NY area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.112 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 Managers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY