Average Data Scientists Salary in Albany-Schenectady-Troy, NY
In Albany-Schenectady-Troy, NY, Data Scientists can expect an average annual salary of $108,880. This figure is notably below the national average of $126,010, reflecting regional economic factors and the specific demand dynamics within the Capital Region's tech landscape. While the nominal salary is lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $108,880 per year.
- Growth Trend: Salaries have shifted 6.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,080.
- Outlook: The Albany-Schenectady-Troy area supports a local workforce of 550 Data Scientists, indicating a moderate presence in the job market. With a Location Quotient of 0.81, the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding demand. The presence of 1.231 jobs per 1,000 workers further underscores a consistent need for data science expertise within the region.
Salary Overview
The average Data Scientists in Albany-Schenectady-Troy, NY earns-13.6%below the national average.
$52.4
$2,094
$9,073
Data Scientists Salary Trends (2020-2024)
While specific historical data for this localized segment isn't provided, it's reasonable to assume that Data Scientist salaries in Albany-Schenectady-Troy have experienced growth over the past four years, mirroring national trends. Factors such as increasing data utilization across industries and a growing need for advanced analytical skills likely contribute to upward salary pressure, even if the pace differs from more concentrated tech hubs.
Data Scientists Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for Data Scientists in Albany-Schenectady-Troy typically scales with experience. Entry-level positions might start closer to the lower percentiles, while senior roles commanding higher salaries reflect accumulated expertise and responsibility. The widening gap between entry-level and senior salaries signifies clear career progression pathways and the increasing value placed on seasoned professionals within the local market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $63,250 | $30.4 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $81,660 | $39.3 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $102,200 | $49.1 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $136,100 | $65.4 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $165,080 | $79.4 |
Detailed Data Scientists Market Analysis
Relocation Context
Nominal Salary
$108,880
Gross Pay
Real Wage (Purchasing Power)
$108,880
Adjusted for COL (100)
The average Data Scientist salary of $108,880 in Albany-Schenectady-Troy aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Data Scientist's salary in this region is equivalent to the national average, offering a stable financial foundation without the premium often associated with high-cost-of-living areas.
Job Market Context
550
Total Jobs
1.231
Per 1K Jobs
0.81
Location Quotient
Albany-Schenectady-Troy, NY has 0.81x the national average concentration of Data Scientists 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 0.81 suggests that Data Scientist roles are slightly less concentrated in Albany-Schenectady-Troy compared to the national average. This indicates a healthy, albeit not hyper-competitive, job market where demand is present but perhaps not saturated. Professionals may find a good balance between job availability and less intense competition when seeking opportunities in this region.
Nearby Job Markets
Nearby Cities for Data Scientists
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Data Scientists Salary | $136,020↑ 25% | 31 mi |
| Kingston, NY Data Scientists Salary | $108,210↓ 1% | 52 mi |
| Southwest New York nonmetropolitan area Data Scientists Salary | $92,790↓ 15% | 68 mi |
| Central East New York nonmetropolitan area Data Scientists Salary | $104,650↓ 4% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Data Scientistss?
Frequently Asked Questions
How much does a Data Scientists make in Albany-Schenectady-Troy, NY?
The median annual salary for a Data Scientists in Albany-Schenectady-Troy, NY is $108,880. This typically ranges from $63,250 for entry-level positions to $165,080 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 13.6% lower than the national median of $126,010.
Is Albany-Schenectady-Troy, NY a lucrative place for Data Scientists?
Moderately lucrative, with excellent cost of living alignment.While the average salary of $108,880 is below the national average, the cost of living is also at the national average, making the salary's purchasing power comparable. The stable job market offers consistent opportunities.
Is Albany-Schenectady-Troy, NY a good place to live for Data Scientists?
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 ($136,020) and Kingston, NY.
How does the Albany-Schenectady-Troy Data Scientist salary compare to the national average?
The average salary of $108,880 in Albany-Schenectady-Troy is approximately 13.6% lower than the national average of $126,010.
What is the concentration of Data Scientists in Albany-Schenectady-Troy?
The concentration, measured by the Location Quotient, is 0.81, indicating slightly fewer Data Scientists per worker compared to the national average.
How does the cost of living affect the Data Scientist salary in Albany?
The cost of living in Albany-Schenectady-Troy is exactly at the national average (100), meaning the $108,880 salary offers purchasing power equivalent to the national average.
What is the total number of Data Scientists in the Albany-Schenectady-Troy area?
There are approximately 550 Data Scientists employed within the Albany-Schenectady-Troy metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.231 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Data Scientists • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY