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Average Education Teachers, Postsecondary Salary in Albany-Schenectady-Troy, NY

Education Teachers, Postsecondary professionals in the Albany-Schenectady-Troy, NY area earn an impressive average annual salary of $80,670. This figure significantly surpasses the national average of $74,560, indicating a strong local demand and potentially higher compensation structures for educators in this region. The specialized nature of postsecondary education and the specific economic drivers within the Albany metropolitan area likely contribute to this elevated pay scale.

Executive Summary

  • Average Salary: $80,670 per year.
  • Growth Trend: Salaries have shifted 3.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $123,140.
  • Outlook: The job market for Education Teachers, Postsecondary in Albany-Schenectady-Troy, NY, appears robust, characterized by a local workforce of 290 individuals. The Location Quotient of 1.68 suggests a concentration of these roles that is 68% higher than the national average, signaling a strong demand and a potentially favorable environment for job seekers in this specialized field.
2024 Market Data

Salary Overview

$80,670

The average Education Teachers, Postsecondary in Albany-Schenectady-Troy, NY earns+8.2%above the national average.

BreakdownBased on 40h/week
Hourly

$38.8

Weekly

$1,551

Monthly

$6,723

Education Teachers, Postsecondary Salary Distribution in Albany-Schenectady-Troy, NY

Within the Education Teachers, Postsecondary profession in Albany-Schenectady-Troy, NY, salary progression is typically tied to experience and specialization. Entry-level positions will command lower salaries, while senior faculty, researchers, and those with advanced degrees or specialized expertise will earn significantly more. The widening gap between entry-level and senior-level salaries reflects the career advancement opportunities and the increasing value placed on experience and academic achievement.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$38,120$18.3
Tenured / ProProfessional status. Curriculum development.25% (Junior)$60,503$29.1
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$77,300$37.2
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$100,838$48.5
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$123,140$59.2

Detailed Education Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$80,670

Gross Pay

Real Wage (Purchasing Power)

$80,670

Adjusted for COL (100)

An average annual salary of $80,670 in Albany-Schenectady-Troy, NY, is particularly advantageous given the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of an educator's salary in this region is equivalent to the national standard, allowing for a comfortable lifestyle without the added financial strain often associated with higher cost-of-living areas.

Job Market Context

290

Total Jobs

0.645

Per 1K Jobs

1.68

Location Quotient

Major Hub

Albany-Schenectady-Troy, NY has 1.7x the national concentration of Education Teachers, Postsecondary jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 1.68 for Education Teachers, Postsecondary in Albany-Schenectady-Troy, NY, indicates a significant concentration of these roles compared to the national landscape. This suggests that the region is a hub for postsecondary education, potentially offering more job opportunities and a more competitive market for specialized educators.

Nearby Job Markets

Nearby Cities for Education Teachers, Postsecondary

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring Education Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Education Teachers, Postsecondary make in Albany-Schenectady-Troy, NY?

The median annual salary for a Education Teachers, Postsecondary in Albany-Schenectady-Troy, NY is $80,670. This typically ranges from $38,120 for entry-level positions to $123,140 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 8.2% higher than the national median of $74,560.

Is Albany-Schenectady-Troy, NY a lucrative place for Education Teachers, Postsecondarys?

Yes, it is a lucrative place for Education Teachers, Postsecondary.The average salary of $80,670 significantly exceeds the national average, and the cost of living is on par with the national average, enhancing earning potential.

Is Albany-Schenectady-Troy, NY a good place to live for Education Teachers, 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 ($65,250) and Central East New York nonmetropolitan area.

How does the Albany-Schenectady-Troy, NY salary compare to the national average for Postsecondary Teachers?

The average annual salary for Postsecondary Teachers in Albany-Schenectady-Troy, NY, is $80,670, which is notably higher than the national average of $74,560.

What is the significance of the Location Quotient (LQ) for this role in Albany?

An LQ of 1.68 means that the concentration of Education Teachers, Postsecondary in Albany-Schenectady-Troy, NY, is 68% higher than the national average, indicating a strong local presence and demand for these professionals.

How does the cost of living in Albany-Schenectady-Troy, NY affect the salary?

With a Cost of Living Index of 100, which matches the national average, the $80,670 salary in Albany offers strong purchasing power, making it financially advantageous compared to higher cost-of-living areas.

What does the total local workforce number imply for job availability?

A local workforce of 290 suggests a stable, albeit specialized, job market for Education Teachers, Postsecondary in the region, with a notable concentration relative to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.645 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.