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Average Electricians Salary in Binghamton, NY

Electricians in Binghamton, NY, earn an impressive average annual salary of $73,200, surpassing the national average of $69,280. This elevated compensation is often influenced by local demand, the specific skill sets required within the region, and the overall economic landscape of upstate New York.

Executive Summary

  • Average Salary: $73,200 per year.
  • Growth Trend: Salaries have shifted 17.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $100,610.
  • Outlook: Binghamton, NY presents a stable employment environment for electricians, with a total local workforce of 360 individuals in this trade. The location quotient of 0.78 suggests a slightly lower concentration of electricians compared to the national average, indicating a steady, rather than saturated, demand for skilled professionals in the area.
2024 Market Data

Salary Overview

$73,200

The average Electricians in Binghamton, NY earns+5.7%above the national average.

BreakdownBased on 40h/week
Hourly

$35.2

Weekly

$1,408

Monthly

$6,100

Electricians Salary Distribution in Binghamton, NY

The career trajectory for electricians in Binghamton, NY, shows significant earning potential as experience is gained. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized certifications and extensive experience can command salaries well above the average, reflecting the value of their expertise and problem-solving capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$38,690$18.6
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$54,900$26.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$78,470$37.7
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$91,500$44
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$100,610$48.4

Detailed Electricians Market Analysis

Relocation Context

Nominal Salary

$73,200

Gross Pay

Real Wage (Purchasing Power)

$73,200

Adjusted for COL (100)

With an average electrician salary of $73,200 and a cost of living index precisely at the national average of 100, Binghamton, NY, offers a balanced financial proposition. The nominal salary provides a purchasing power equivalent to the national average, making it a stable choice for those considering a move.

Job Market Context

360

Total Jobs

3.78

Per 1K Jobs

0.78

Location Quotient

Below Average

Binghamton, NY has 0.78x the national average concentration of Electricians 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 0.78 for electricians in Binghamton, NY, indicates that the profession is slightly less concentrated than the national average. This suggests that while the market is not oversaturated, there is a consistent need for qualified electricians, potentially leading to competitive opportunities for those entering or established in the field.

Nearby Job Markets

Nearby Cities for Electricians

Comparing salaries near Binghamton, NY

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Frequently Asked Questions

How much does a Electricians make in Binghamton, NY?

The median annual salary for a Electricians in Binghamton, NY is $73,200. This typically ranges from $38,690 for entry-level positions to $100,610 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 5.7% higher than the national median of $69,280.

Is Binghamton, NY a lucrative place for Electricians?

Yes, Binghamton, NY offers competitive earnings for electricians.Electricians in Binghamton earn above the national average salary, and with a cost of living at the national average, their income provides strong purchasing power.

Is Binghamton, NY a good place to live for Electricians?

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 ($71,190) and Elmira, NY.

What is the average salary for an electrician in Binghamton, NY?

The average annual salary for an electrician in Binghamton, NY, is $73,200.

How does Binghamton's electrician salary compare to the national average?

Electricians in Binghamton, NY, earn approximately $3,920 more annually than the national average salary of $69,280.

What is the cost of living in Binghamton, NY?

Binghamton, NY has a cost of living index of 100, which is exactly the national average.

How many electricians are there in Binghamton, NY?

There are approximately 360 electricians employed in the Binghamton, NY area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Binghamton, NY area with a job density of 3.78 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.