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Average Engineers, All Other Salary in Albany-Schenectady-Troy, NY

Engineers, All Other in the Albany-Schenectady-Troy, NY area command an impressive average annual salary of $126,220. This figure significantly surpasses the national average of $117,730, indicating a strong local demand for these specialized skills. The higher compensation is likely driven by the region's specific industrial needs and the concentration of engineering talent.

Executive Summary

  • Average Salary: $126,220 per year.
  • Growth Trend: Salaries have shifted 16.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $170,760.
  • Outlook: The Albany-Schenectady-Troy region boasts a robust job market for Engineers, All Other, with a total local workforce of 660 individuals. The Location Quotient of 1.53 suggests that this profession is more concentrated here than the national average, pointing to a sustained and potentially growing demand for engineering expertise within the area.
2024 Market Data

Salary Overview

$126,220

The average Engineers, All Other in Albany-Schenectady-Troy, NY earns+7.2%above the national average.

BreakdownBased on 40h/week
Hourly

$60.7

Weekly

$2,427

Monthly

$10,518

Engineers, All Other Salary Distribution in Albany-Schenectady-Troy, NY

The salary spectrum for Engineers, All Other in Albany-Schenectady-Troy likely shows a significant increase from entry-level to senior positions. While exact percentile data isn't available, the typical progression sees substantial salary jumps as experience and specialized skills are acquired, with senior engineers earning considerably more than their junior counterparts, reflecting the value of accumulated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$79,690$38.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$94,665$45.5
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$131,900$63.4
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$157,775$75.9
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$170,760$82.1

Detailed Engineers, All Other Market Analysis

Relocation Context

Nominal Salary

$126,220

Gross Pay

Real Wage (Purchasing Power)

$126,220

Adjusted for COL (100)

The average annual salary of $126,220 in Albany-Schenectady-Troy, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that the higher nominal salary translates directly into strong purchasing power, allowing engineers in this region to maintain a lifestyle comparable to, or even better than, those in higher cost-of-living areas earning similar nominal wages.

Job Market Context

660

Total Jobs

1.498

Per 1K Jobs

1.53

Location Quotient

Major Hub

Albany-Schenectady-Troy, NY has 1.5x the national concentration of Engineers, All Other jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.53, the Albany-Schenectady-Troy metropolitan area exhibits a notable concentration of Engineers, All Other compared to the national landscape. This suggests a competitive yet potentially abundant job market, where employers actively seek out this talent, and professionals have a good opportunity to find suitable roles within their field.

Nearby Job Markets

Nearby Cities for Engineers, All Other

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring Engineers, All Others?

Frequently Asked Questions

How much does a Engineers, All Other make in Albany-Schenectady-Troy, NY?

The median annual salary for a Engineers, All Other in Albany-Schenectady-Troy, NY is $126,220. This typically ranges from $79,690 for entry-level positions to $170,760 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 7.2% higher than the national median of $117,730.

Is Albany-Schenectady-Troy, NY a lucrative place for Engineers, All Others?

Yes, it is a lucrative place for Engineers, All Others.The average salary of $126,220 is significantly higher than the national average, and the Cost of Living Index is at the national average, making your earnings go further.

Is Albany-Schenectady-Troy, NY a good place to live for Engineers, All Others?

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 Pittsfield, MA ($114,720) and Southwest New York nonmetropolitan area.

How does the local salary compare to the national average?

Engineers, All Other in Albany-Schenectady-Troy earn an average of $126,220 annually, which is $8,490 more than the national average of $117,730.

What is the concentration of Engineers, All Other in this region?

The Location Quotient of 1.53 indicates that Engineers, All Other are 53% more concentrated in Albany-Schenectady-Troy than the national average, suggesting strong regional demand.

How does the Cost of Living affect the salary?

With a Cost of Living Index of 100, the national average, the higher salary of $126,220 provides excellent purchasing power for residents in Albany-Schenectady-Troy.

What does the number of jobs per 1,000 workers signify?

The 1.498 jobs per 1,000 workers metric shows a healthy presence of engineering roles relative to the overall workforce in the Albany-Schenectady-Troy area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.498 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.