Average Counter and Rental Clerks Salary in Binghamton, NY
Counter and Rental Clerks in Binghamton, NY, earn an average annual salary of $45,460, which is notably higher than the national average of $43,680. This localized premium is often driven by specific regional economic factors and the demand within the Binghamton area for these essential roles.
Executive Summary
- Average Salary: $45,460 per year.
- Growth Trend: Salaries have shifted 52.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,180.
- Outlook: With a total local workforce of 270 individuals in this role, Binghamton presents a moderately sized but stable job market for Counter and Rental Clerks. The Location Quotient of 1.1 indicates a slightly higher concentration of these jobs compared to the national average, suggesting a consistent demand that supports the current employment levels.
Salary Overview
The average Counter and Rental Clerks in Binghamton, NY earns+4.1%above the national average.
$21.9
$874
$3,788
Counter and Rental Clerks Salary Trends (2020-2024)
While specific historical data for the last four years isn't provided, it's reasonable to assume a general upward trend in salaries for Counter and Rental Clerks in Binghamton, mirroring national economic patterns. Factors like inflation, increased operational costs for businesses, and a steady demand for customer-facing roles typically contribute to salary growth over time.
Counter and Rental Clerks Salary Distribution in Binghamton, NY
Career progression for Counter and Rental Clerks in Binghamton typically involves moving from entry-level positions to more senior or specialized roles. As experience accumulates, individuals can expect their salaries to increase, with significant percentile gaps often observed between junior and senior staff, reflecting expanded responsibilities and skill sets.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $31,200 | $15 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $34,095 | $16.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $37,820 | $18.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $56,825 | $27.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $63,180 | $30.4 |
Detailed Counter and Rental Clerks Market Analysis
Relocation Context
Nominal Salary
$45,460
Gross Pay
Real Wage (Purchasing Power)
$45,460
Adjusted for COL (100)
The nominal average salary of $45,460 in Binghamton aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Counter and Rental Clerk's salary in Binghamton is equivalent to the national standard, offering a stable financial foundation without the added pressure of a higher cost of living.
Job Market Context
270
Total Jobs
2.837
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, Binghamton, NY has a slightly higher-than-average concentration of Counter and Rental Clerks roles compared to the national norm.
The Location Quotient of 1.1 for Counter and Rental Clerks in Binghamton suggests a job market that is slightly more concentrated than the national average. This indicates a healthy demand relative to the overall workforce, implying that while the market isn't oversaturated, there are sufficient opportunities for qualified individuals seeking employment in this sector.
Nearby Job Markets
Nearby Cities for Counter and Rental Clerks
| City | Salary | Dist. |
|---|---|---|
| Ithaca, NY Counter and Rental Clerks Salary | $46,600↑ 3% | 39 mi |
| Elmira, NY Counter and Rental Clerks Salary | $47,090↑ 4% | 46 mi |
| Southwest New York nonmetropolitan area Counter and Rental Clerks Salary | $44,630↓ 2% | 49 mi |
| Central East New York nonmetropolitan area Counter and Rental Clerks Salary | $44,990↓ 1% | 49 mi |
| Capital/Northern New York nonmetropolitan area Counter and Rental Clerks Salary | $44,130↓ 3% | 49 mi |
Comparing salaries near Binghamton, NY
Hiring Counter and Rental Clerkss?
Frequently Asked Questions
How much does a Counter and Rental Clerks make in Binghamton, NY?
The median annual salary for a Counter and Rental Clerks in Binghamton, NY is $45,460. This typically ranges from $31,200 for entry-level positions to $63,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 4.1% higher than the national median of $43,680.
Is Binghamton, NY a lucrative place for Counter and Rental Clerks?
Yes, it offers a competitive salary.Binghamton, NY offers an average salary of $45,460, exceeding the national average, while maintaining a cost of living at the national norm.
Is Binghamton, NY a good place to live for Counter and Rental Clerks?
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 ($46,600) and Elmira, NY.
How does Binghamton's salary compare to the national average for this role?
Counter and Rental Clerks in Binghamton earn an average of $45,460 annually, which is higher than the national average of $43,680.
What is the cost of living in Binghamton, NY?
The cost of living in Binghamton, NY is at the national average, with an index of 100.
How concentrated are Counter and Rental Clerk jobs in Binghamton?
Binghamton has a Location Quotient of 1.1 for this role, indicating a slightly higher concentration of these jobs compared to the national average.
What is the total number of Counter and Rental Clerks in Binghamton?
There are approximately 270 Counter and Rental Clerks employed 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 270 employees in the Binghamton, NY area with a job density of 2.837 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Counter and Rental Clerks • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY