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Average Data Scientists Salary in New York

Data Scientists in New York earn an impressive average annual salary of $133,450, surpassing the national average of $126,010. This elevated compensation is largely driven by the state's robust technological infrastructure, high demand for advanced analytical skills, and the concentration of major industries that rely heavily on data-driven decision-making.

Executive Summary

  • Average Salary: $133,450 per year.
  • Growth Trend: Salaries have shifted 8.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $211,860.
  • Outlook: New York boasts a substantial Data Scientist workforce of 20,070 professionals, indicating a significant presence in the state's economy. With a Location Quotient of 1.39, Data Scientists are more concentrated in New York than the national average, suggesting a strong and potentially growing demand for their specialized skills within the local job market.
2024 Market Data

Salary Overview

$133,450

The average Data Scientists in New York earns+5.9%above the national average.

BreakdownBased on 40h/week
Hourly

$64.2

Weekly

$2,566

Monthly

$11,121

Data Scientists Salary Distribution in New York

Salary progression for Data Scientists in New York typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior Data Scientists with extensive experience and specialized expertise can command salaries well into the six figures, often exceeding the average. The widening gap between entry-level and senior salaries highlights clear career progression pathways and the increasing value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$65,150$31.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$100,088$48.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$125,400$60.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$166,813$80.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$211,860$101.9

Detailed Data Scientists Market Analysis

Relocation Context

Nominal Salary

$133,450

Gross Pay

Real Wage (Purchasing Power)

$106,675

Adjusted for COL (125.1)

The average annual salary of $133,450 in New York presents a solid income, but it must be considered against the state's Cost of Living Index of 125.1. This index indicates that living expenses are approximately 25.1% higher than the national average. Therefore, while the nominal salary is high, the purchasing power needs careful evaluation to understand the true financial benefit of working as a Data Scientist in New York.

Job Market Context

20,070

Total Jobs

2.103

Per 1K Jobs

1.39

Location Quotient

Above Average

With a location quotient of 1.39, New York has a slightly higher-than-average concentration of Data Scientists roles compared to the national norm.

A Location Quotient of 1.39 signifies that Data Scientists are 39% more concentrated in New York than in the average U.S. state. This suggests a robust and active job market with a higher density of opportunities relative to the general workforce, indicating a competitive environment where demand for talent is strong.

Nearby Job Markets

Nearby Cities for Data Scientists

CitySalaryDist.
Binghamton, NY Data Scientists Salary$93,710↓ 30%49 mi
Kingston, NY Data Scientists Salary$108,210↓ 19%51 mi
Scranton--Wilkes-Barre, PA Data Scientists Salary$94,160↓ 29%64 mi
Utica-Rome, NY Data Scientists Salary$92,780↓ 30%66 mi
Albany-Schenectady-Troy, NY Data Scientists Salary$108,880↓ 18%68 mi

Comparing salaries near New York

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Frequently Asked Questions

How much does a Data Scientists make in New York?

The median annual salary for a Data Scientists in New York is $133,450. This typically ranges from $65,150 for entry-level positions to $211,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 5.9% higher than the national median of $126,010.

Is New York a lucrative place for Data Scientists?

Yes, New York is a highly lucrative place for Data Scientists.The average salary of $133,450 significantly exceeds the national average, and the high concentration of Data Scientists (LQ 1.39) points to strong market demand.

Is New York a good place to live for Data Scientists?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York?

Some top paying nearby cities include Binghamton, NY ($93,710) and Kingston, NY.

How does the New York Data Scientist salary compare to the national average?

Data Scientists in New York earn an average of $133,450 annually, which is $7,440 more than the national average of $126,010.

What is the concentration of Data Scientists in New York?

New York has a Location Quotient of 1.39 for Data Scientists, meaning they are 39% more concentrated there than the national average.

How does the cost of living affect the Data Scientist salary in New York?

With a Cost of Living Index of 125.1, New York is about 25% more expensive than the national average, which impacts the real purchasing power of the $133,450 salary.

How many Data Scientists are employed in New York?

There are approximately 20,070 Data Scientists employed in New York, indicating a substantial presence in the state's workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 20,070 employees in the New York area with a job density of 2.103 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Data Scientists • Data source: BLS OEWS 2024 •Jobs in New York