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Average Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary in Binghamton, NY

In Binghamton, NY, Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers earn an average annual salary of $44,330. This figure is slightly below the national average of $45,940, indicating localized market dynamics may influence compensation. Factors such as regional industry demand and the cost of doing business in Binghamton contribute to this specific pay scale.

Executive Summary

  • Average Salary: $44,330 per year.
  • Growth Trend: Salaries have shifted 45.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $57,590.
  • Outlook: Binghamton, NY presents a robust employment landscape for Electrical, Electronic, and Electromechanical Assemblers, with a total local workforce of 720 individuals in this role. The location quotient of 4.41 significantly surpasses the national average, suggesting a strong concentration of these specialized jobs within the region. This high concentration, coupled with 7.464 jobs per 1,000 workers, points to a healthy and potentially growing demand for these skilled professionals.
2024 Market Data

Salary Overview

$44,330

The average Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Binghamton, NY earns-3.5%below the national average.

BreakdownBased on 40h/week
Hourly

$21.3

Weekly

$853

Monthly

$3,694

Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary Distribution in Binghamton, NY

Career progression for Electrical, Electronic, and Electromechanical Assemblers in Binghamton, NY, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior assemblers with specialized skills and extensive experience can command salaries well above the average. The percentile gaps in salary distribution clearly signify the value placed on expertise and tenure within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$35,580$17.1
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$33,248$16
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$40,900$19.7
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$55,413$26.6
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$57,590$27.7

Detailed Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Market Analysis

Relocation Context

Nominal Salary

$44,330

Gross Pay

Real Wage (Purchasing Power)

$44,330

Adjusted for COL (100)

The average annual salary of $44,330 in Binghamton, NY, aligns precisely with the national average cost of living index of 100. This means that the purchasing power of an Electrical, Electronic, and Electromechanical Assembler's salary in Binghamton is comparable to the national average. Consequently, relocating to Binghamton for this role does not present an immediate advantage or disadvantage in terms of cost of living relative to income.

Job Market Context

720

Total Jobs

7.464

Per 1K Jobs

4.41

Location Quotient

Major Hub

Binghamton, NY has 4.4x the national concentration of Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

Binghamton, NY exhibits a highly concentrated market for Electrical, Electronic, and Electromechanical Assemblers, as evidenced by a location quotient of 4.41. This indicates that the proportion of these jobs in Binghamton is more than four times the national average. Such a high concentration suggests a specialized regional industry and potentially a competitive environment for both employers seeking talent and individuals looking for employment in this niche.

Nearby Job Markets

Nearby Cities for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers

CitySalaryDist.
Ithaca, NY Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary$45,920↑ 4%39 mi
Elmira, NY Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary$46,010↑ 4%46 mi
Southwest New York nonmetropolitan area Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary$40,110↓ 10%49 mi
Central East New York nonmetropolitan area Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary$44,440↑ 0%49 mi
Capital/Northern New York nonmetropolitan area Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary$39,420↓ 11%49 mi

Comparing salaries near Binghamton, NY

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Frequently Asked Questions

How much does a Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers make in Binghamton, NY?

The median annual salary for a Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Binghamton, NY is $44,330. This typically ranges from $35,580 for entry-level positions to $57,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 3.5% lower than the national median of $45,940.

Is Binghamton, NY a lucrative place for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finisherss?

Yes, with a strong concentration of jobs.While the average salary is slightly below the national average, the exceptionally high location quotient of 4.41 indicates a significant regional demand and concentration of these roles, suggesting good career prospects.

Is Binghamton, NY a good place to live for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers?

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 ($45,920) and Elmira, NY.

How does the Binghamton salary compare to the national average?

The average annual salary for Electrical, Electronic, and Electromechanical Assemblers in Binghamton, NY is $44,330, which is slightly lower than the national average of $45,940.

What does the location quotient of 4.41 mean for this job in Binghamton?

A location quotient of 4.41 signifies that Binghamton has a much higher concentration of Electrical, Electronic, and Electromechanical Assemblers compared to the national average, indicating strong regional specialization and demand.

Is the cost of living in Binghamton a factor for this salary?

The cost of living in Binghamton is at the national average (100), meaning the $44,330 salary offers purchasing power equivalent to the national average, making it neither exceptionally high nor low in that regard.

How many of these jobs are there in Binghamton?

There are approximately 720 Electrical, Electronic, and Electromechanical Assemblers in Binghamton, NY, representing 7.464 jobs per 1,000 workers in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Binghamton, NY area with a job density of 7.464 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Explore Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salaries by State

Semantic Salary Analysis for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY