Average Financial Clerks, All Other Salary in Albany-Schenectady-Troy, NY
The average salary for Financial Clerks, All Others in Albany-Schenectady-Troy, NY is $41,890. While this is lower than the national average, the cost of living in Albany-Schenectady-Troy, NY may offset the difference, preserving real purchasing power. Notably, Albany-Schenectady-Troy, NY is a key hub for this profession, with a job concentration 1.24x higher than average.
Executive Summary
- Average Salary: $41,890 per year.
- Growth Trend: Salaries have shifted 9.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,410.
- Outlook: The current demand for Financial Clerks, All Others is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
Salary Overview
The average Financial Clerks, All Other in Albany-Schenectady-Troy, NY earns-25.1%below the national average.
$20.1
$806
$3,491
Financial Clerks, All Other Salary Trends (2020-2024)
Over the past 4 years, Financial Clerks, All Other salaries in Albany-Schenectady-Troy, NY have remained stable with a modest increase of 9.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Clerks, All Other Salary Distribution in Albany-Schenectady-Troy, NY
The earning potential for Financial Clerks, All Others in Albany-Schenectady-Troy, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $35,500, while highly experienced professionals can command wages upwards of $54,410.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,500 | $17.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,418 | $15.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $35,500 | $17.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,363 | $25.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $54,410 | $26.2 |
Detailed Financial Clerks, All Other Market Analysis
Relocation Context
Nominal Salary
$41,890
Gross Pay
Real Wage (Purchasing Power)
$41,890
Adjusted for COL (100)
In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $41,890 to $41,890.
Job Market Context
130
Total Jobs
0.297
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Financial Clerks, All Other roles compared to the national norm.
130 people work as Financial Clerks, All Other in Albany-Schenectady-Troy, NY.
Only 0.297 out of every 1,000 local jobs are Financial Clerks, All Other roles — this is a niche profession in the area.
Nearby Job Markets
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Frequently Asked Questions
How much does a Financial Clerks, All Other make in Albany-Schenectady-Troy, NY?
The median annual salary for a Financial Clerks, All Other in Albany-Schenectady-Troy, NY is $41,890. This typically ranges from $35,500 for entry-level positions to $54,410 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 25.1% lower than the national median of $55,930.
Is Albany-Schenectady-Troy, NY a good place for Financial Clerks, All Others?
Yes, Albany-Schenectady-Troy, NY is highly recommended due to strong job demand. While salaries are competitive ($41,890), the area is particularly notable for its high job density for Financial Clerks, All Others. See distinct detailed breakdown below.
Is Albany-Schenectady-Troy, NY a good place to live for Financial Clerks, All Others?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.297 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Financial Clerks, All Other • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY