Average Financial Specialists, All Other Salary in Albany-Schenectady-Troy, NY
The average salary for a Financial Specialists, All Other in Albany-Schenectady-Troy, NY is $90,410. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $90,410 per year.
- Growth Trend: Salaries have shifted 18.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $153,210.
- Outlook: The current demand for Financial Specialists, All Others is stable, with a local workforce of approximately 150 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
Salary Overview
The average Financial Specialists, All Other in Albany-Schenectady-Troy, NY earns-4.1%below the national average.
$43.5
$1,739
$7,534
Financial Specialists, All Other Salary Trends (2020-2024)
Over the past 3 years, Financial Specialists, All Other salaries in Albany-Schenectady-Troy, NY have shown healthy growth of 18.6%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Specialists, All Other Salary Distribution in Albany-Schenectady-Troy, NY
The earning potential for Financial Specialists, All Others in Albany-Schenectady-Troy, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $48,280, while highly experienced professionals can command wages upwards of $153,210.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,280 | $23.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $67,808 | $32.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,670 | $35.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $113,013 | $54.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $153,210 | $73.7 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$90,410
Gross Pay
Real Wage (Purchasing Power)
$90,410
Adjusted for COL (100)
In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $90,410 to $90,410.
Job Market Context
150
Total Jobs
0.346
Per 1K Jobs
0.42
Location Quotient
At 0.42x, Albany-Schenectady-Troy, NY has a notably lower concentration of Financial Specialists, All Other jobs than the national average. Opportunities in this area are relatively scarce for this profession.
150 people work as Financial Specialists, All Other in Albany-Schenectady-Troy, NY.
Only 0.346 out of every 1,000 local jobs are Financial Specialists, All Other roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Albany-Schenectady-Troy, NY?
The median annual salary for a Financial Specialists, All Other in Albany-Schenectady-Troy, NY is $90,410. This typically ranges from $48,280 for entry-level positions to $153,210 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 4.1% lower than the national median of $94,320.
Is Albany-Schenectady-Troy, NY a good place for Financial Specialists, All Others?
It depends on your priorities. While the average Financial Specialists, All Other salary in Albany-Schenectady-Troy, NY is $90,410 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Albany-Schenectady-Troy, NY. See distinct detailed breakdown below.
Is Albany-Schenectady-Troy, NY a good place to live for Financial Specialists, 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 150 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.346 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 Specialists, All Other • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY