Average Education Administrators, Postsecondary Salary in Albany-Schenectady-Troy, NY
In the Albany-Schenectady-Troy, NY metropolitan area, Education Administrators, Postsecondary professionals earn an impressive average annual salary of $164,880. This figure significantly surpasses the national average of $120,180, indicating a strong demand and potentially higher operational costs or specialized needs within the region's educational institutions that drive this elevated compensation.
Executive Summary
- Average Salary: $164,880 per year.
- Growth Trend: Salaries have shifted 9.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $247,320.
- Outlook: With a local workforce of 420 individuals in this role and a Location Quotient of 0.83, the Albany-Schenectady-Troy area presents a stable, albeit slightly below national average concentration, job market for Postsecondary Education Administrators. The presence of nearly one job per thousand workers suggests consistent opportunities, though the slightly lower LQ indicates that while the role is present, it's not disproportionately concentrated compared to national trends.
Salary Overview
The average Education Administrators, Postsecondary in Albany-Schenectady-Troy, NY earns+37.2%above the national average.
$79.3
$3,171
$13,740
Education Administrators, Postsecondary Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Education Administrators, Postsecondary in the Albany-Schenectady-Troy region have experienced growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for higher education services, and evolving administrative complexities likely contribute to a positive salary trajectory for professionals in this field.
Education Administrators, Postsecondary Salary Distribution in Albany-Schenectady-Troy, NY
Career progression for Education Administrators, Postsecondary typically involves a significant salary increase from entry-level to senior positions. While exact percentile data isn't available, the substantial difference between starting salaries and those for seasoned professionals, often seen in the tens of thousands of dollars, highlights the value placed on experience, leadership, and strategic oversight within postsecondary institutions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $81,710 | $39.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $123,660 | $59.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $131,730 | $63.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $206,100 | $99.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $247,320 | $118.9 |
Detailed Education Administrators, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$164,880
Gross Pay
Real Wage (Purchasing Power)
$164,880
Adjusted for COL (100)
The nominal average salary of $164,880 in Albany-Schenectady-Troy, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Education Administrator, Postsecondary in this region is comparable to that of their national counterparts, suggesting that the higher local salary effectively offsets the average cost of living, providing a stable financial standing.
Job Market Context
420
Total Jobs
0.95
Per 1K Jobs
0.83
Location Quotient
Albany-Schenectady-Troy, NY has 0.83x the national average concentration of Education Administrators, Postsecondary jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.83 for Education Administrators, Postsecondary in Albany-Schenectady-Troy, NY, suggests a job market that is slightly less concentrated than the national average. This indicates that while the demand for these roles exists and is supported by 0.95 jobs per 1,000 workers, the market is not saturated, potentially offering a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Education Administrators, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Southwest New York nonmetropolitan area Education Administrators, Postsecondary Salary | $126,720↓ 23% | 68 mi |
| Central East New York nonmetropolitan area Education Administrators, Postsecondary Salary | $131,190↓ 20% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
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Frequently Asked Questions
How much does a Education Administrators, Postsecondary make in Albany-Schenectady-Troy, NY?
The median annual salary for a Education Administrators, Postsecondary in Albany-Schenectady-Troy, NY is $164,880. This typically ranges from $81,710 for entry-level positions to $247,320 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 37.2% higher than the national median of $120,180.
Is Albany-Schenectady-Troy, NY a lucrative place for Education Administrators, Postsecondarys?
Yes, it is a lucrative place.The average salary of $164,880 significantly exceeds the national average, and this higher pay is balanced by a cost of living index that matches the national average.
Is Albany-Schenectady-Troy, NY a good place to live for Education Administrators, Postsecondarys?
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 Southwest New York nonmetropolitan area ($126,720) and Central East New York nonmetropolitan area.
How does the Albany-Schenectady-Troy salary compare to the national average?
The average annual salary for Education Administrators, Postsecondary in Albany-Schenectady-Troy, NY is $164,880, which is considerably higher than the national average of $120,180.
What is the concentration of Education Administrators, Postsecondary in this region?
The Location Quotient is 0.83, indicating that the concentration of these roles in Albany-Schenectady-Troy, NY is slightly below the national average.
How does the cost of living affect the salary in Albany-Schenectady-Troy, NY?
With a Cost of Living Index of 100, the local average salary of $164,880 offers purchasing power equivalent to the national average, meaning the higher salary effectively compensates for average living expenses.
What is the total number of Education Administrators, Postsecondary in the local workforce?
There are approximately 420 Education Administrators, Postsecondary employed within the Albany-Schenectady-Troy, NY 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 420 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.95 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Education Administrators, Postsecondary • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY