SalaryNode

Average Food Preparation and Serving Related Occupations Salary in Binghamton, NY

In Binghamton, NY, professionals in Food Preparation and Serving Related Occupations earn an average annual salary of $40,550. This figure notably surpasses the national average of $35,960, indicating a localized premium for these roles. Factors such as regional demand and the specific economic landscape of Binghamton likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $40,550 per year.
  • Growth Trend: Salaries have shifted 33.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,390.
  • Outlook: With a substantial local workforce of 8,640 individuals in Food Preparation and Serving Related Occupations, Binghamton demonstrates a significant presence in this sector. The Location Quotient of 1.02 suggests that this field is slightly more concentrated in Binghamton than the national average, implying a stable and potentially growing demand for skilled workers in this industry.
2024 Market Data

Salary Overview

$40,550

The average Food Preparation and Serving Related Occupations in Binghamton, NY earns+12.8%above the national average.

BreakdownBased on 40h/week
Hourly

$19.5

Weekly

$780

Monthly

$3,379

Food Preparation and Serving Related Occupations Salary Distribution in Binghamton, NY

Career progression within Food Preparation and Serving Related Occupations in Binghamton typically leads to increased earning potential. Entry-level positions may start closer to the lower end of the pay scale, while experienced chefs, managers, and specialized roles command higher salaries. The salary distribution, with significant gaps between entry-level and senior positions, signifies clear opportunities for career advancement and increased income.

Experience LevelMarket PercentileAnnual WageHourly Rate
Commis ChefPrep work, learning stations, basic knife skills.10% (Entry)$31,200$15
Chef de PartieStation chef (Grill, Sauté). Runs a section.25% (Junior)$30,413$14.6
Sous ChefSecond in command. Managing staff & inventory.50% (Median)$34,970$16.8
Executive ChefMenu creation, costing, kitchen management.75% (Senior)$50,688$24.4
Chef OwnerRestaurateur. Multi-venue operations.90% (Expert)$59,390$28.6

Detailed Food Preparation and Serving Related Occupations Market Analysis

Relocation Context

Nominal Salary

$40,550

Gross Pay

Real Wage (Purchasing Power)

$40,550

Adjusted for COL (100)

The average annual salary of $40,550 in Binghamton aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Binghamton salary for these roles is equivalent to the national average, offering a stable financial environment for residents without the added pressure of higher living expenses.

Job Market Context

8,640

Total Jobs

89.697

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Binghamton, NY has a slightly higher-than-average concentration of Food Preparation and Serving Related Occupations roles compared to the national norm.

A Location Quotient of 1.02 indicates that Food Preparation and Serving Related Occupations are only marginally more concentrated in Binghamton compared to the rest of the United States. This suggests a balanced job market where demand and supply are relatively stable, offering moderate competition for job seekers and a consistent availability of opportunities.

Nearby Job Markets

Frequently Asked Questions

How much does a Food Preparation and Serving Related Occupations make in Binghamton, NY?

The median annual salary for a Food Preparation and Serving Related Occupations in Binghamton, NY is $40,550. This typically ranges from $31,200 for entry-level positions to $59,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 12.8% higher than the national median of $35,960.

Is Binghamton, NY a lucrative place for Food Preparation and Serving Related Occupationss?

Yes, Binghamton offers a slightly above-average earning potential for these roles.The average salary of $40,550 in Binghamton exceeds the national average, and with a cost of living at the national average, your earnings hold strong purchasing power.

Is Binghamton, NY a good place to live for Food Preparation and Serving Related Occupations?

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 ($42,070) and Elmira, NY.

How does Binghamton's salary compare to the national average for Food Preparation and Serving Related Occupations?

Professionals in Binghamton earn approximately $4,590 more annually than the national average for this occupation, with a salary of $40,550 compared to the national $35,960.

What is the significance of the Location Quotient in Binghamton?

A Location Quotient of 1.02 suggests that Food Preparation and Serving Related Occupations are slightly more prevalent in Binghamton than the national average, indicating a stable job market for these roles.

How does the Cost of Living in Binghamton affect the salary?

With a Cost of Living Index of 100, Binghamton's expenses are on par with the national average. This means the $40,550 salary offers purchasing power equivalent to the national average.

What is the total number of Food Preparation and Serving Related Occupations jobs in Binghamton?

There are approximately 8,640 individuals employed in Food Preparation and Serving Related Occupations within the Binghamton area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,640 employees in the Binghamton, NY area with a job density of 89.697 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.