Average Facilities Managers Salary in Albany-Schenectady-Troy, NY
Facilities Managers in the Albany-Schenectady-Troy, NY area command an impressive average annual salary of $128,380. This figure significantly surpasses the national average of $116,350, indicating a strong local demand for these essential professionals. The higher compensation reflects the specific economic drivers and operational needs within this New York metropolitan region.
Executive Summary
- Average Salary: $128,380 per year.
- Growth Trend: Salaries have shifted 11.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $181,940.
- Outlook: With a total local workforce of 510 Facilities Managers, the Albany-Schenectady-Troy area demonstrates a notable concentration of these roles. The Location Quotient of 1.27 suggests that this profession is more prevalent here than the national average, implying a robust and potentially growing job market for skilled Facilities Managers.
Salary Overview
The average Facilities Managers in Albany-Schenectady-Troy, NY earns+10.3%above the national average.
$61.7
$2,469
$10,698
Facilities Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Facilities Manager salaries in Albany-Schenectady-Troy have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for skilled facility oversight, and evolving workplace complexities likely contribute to an upward trajectory in compensation.
Facilities Managers Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for Facilities Managers is strongly tied to experience. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive expertise and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and the value placed on accumulated knowledge and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $77,610 | $37.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $96,285 | $46.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $125,880 | $60.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $160,475 | $77.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $181,940 | $87.5 |
Detailed Facilities Managers Market Analysis
Relocation Context
Nominal Salary
$128,380
Gross Pay
Real Wage (Purchasing Power)
$128,380
Adjusted for COL (100)
The average annual salary of $128,380 in Albany-Schenectady-Troy, NY, presents a highly favorable financial outlook, especially considering the local Cost of Living Index is exactly at the national average of 100. This means that the higher nominal income translates directly into strong purchasing power, allowing professionals to maintain or improve their standard of living without the added financial strain often associated with higher-paying metropolitan areas.
Job Market Context
510
Total Jobs
1.163
Per 1K Jobs
1.27
Location Quotient
With a location quotient of 1.27, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Facilities Managers roles compared to the national norm.
The Location Quotient of 1.27 for Facilities Managers in Albany-Schenectady-Troy, NY, indicates a job market with a higher concentration of these roles compared to the national landscape. This suggests a competitive environment where employers may actively seek out qualified candidates, but also signifies a healthy demand that supports the elevated salary levels observed in the region.
Nearby Job Markets
Nearby Cities for Facilities Managers
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Facilities Managers Salary | $107,680↓ 16% | 31 mi |
| Glens Falls, NY Facilities Managers Salary | $104,890↓ 18% | 45 mi |
| Kingston, NY Facilities Managers Salary | $107,760↓ 16% | 52 mi |
| Southwest New York nonmetropolitan area Facilities Managers Salary | $102,580↓ 20% | 68 mi |
| Central East New York nonmetropolitan area Facilities Managers Salary | $110,990↓ 14% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Facilities Managerss?
Frequently Asked Questions
How much does a Facilities Managers make in Albany-Schenectady-Troy, NY?
The median annual salary for a Facilities Managers in Albany-Schenectady-Troy, NY is $128,380. This typically ranges from $77,610 for entry-level positions to $181,940 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 10.3% higher than the national median of $116,350.
Is Albany-Schenectady-Troy, NY a lucrative place for Facilities Managerss?
Yes, Albany-Schenectady-Troy, NY is a lucrative location for Facilities Managers.Facilities Managers earn significantly above the national average salary, and the cost of living is on par with the national average, maximizing earning potential.
Is Albany-Schenectady-Troy, NY a good place to live for Facilities Managers?
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 ($107,680) and Glens Falls, NY.
How does the Facilities Manager salary in Albany compare to the national average?
The average annual salary for Facilities Managers in Albany-Schenectady-Troy, NY is $128,380, which is notably higher than the national average of $116,350.
What is the significance of the Location Quotient (LQ) for Facilities Managers in this area?
An LQ of 1.27 means Facilities Managers are 27% more concentrated in Albany-Schenectady-Troy than the national average, suggesting higher demand and potentially more job opportunities relative to other locations.
Does the cost of living in Albany affect the purchasing power of a Facilities Manager's salary?
No, the cost of living in Albany-Schenectady-Troy is at the national average (100), meaning the higher salary of $128,380 offers excellent purchasing power without being offset by increased living expenses.
How many Facilities Managers are employed in the Albany-Schenectady-Troy, NY area?
There are approximately 510 Facilities Managers 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 510 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.163 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Facilities Managers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY