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Average Food Service Managers Salary in Albany-Schenectady-Troy, NY

Food Service Managers in Albany-Schenectady-Troy, NY, command an impressive average annual salary of $80,260, significantly exceeding the national average of $72,020. This elevated compensation is likely influenced by a combination of local economic factors and the specific demands of the region's hospitality sector, which may necessitate higher pay to attract and retain skilled professionals.

Executive Summary

  • Average Salary: $80,260 per year.
  • Growth Trend: Salaries have shifted 32.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $109,200.
  • Outlook: With a local workforce of 450 Food Service Managers, the Albany-Schenectady-Troy area presents a moderately concentrated job market, indicated by a Location Quotient of 0.64. While this suggests a slightly lower concentration compared to the national average, the presence of over 1,000 jobs per 1,000 workers points to a stable demand for these professionals within the region.
2024 Market Data

Salary Overview

$80,260

The average Food Service Managers in Albany-Schenectady-Troy, NY earns+11.4%above the national average.

BreakdownBased on 40h/week
Hourly

$38.6

Weekly

$1,543

Monthly

$6,688

Food Service Managers Salary Distribution in Albany-Schenectady-Troy, NY

Career progression for Food Service Managers in Albany-Schenectady-Troy typically involves a significant salary increase from entry-level to senior positions. While exact figures vary, experienced professionals can expect to earn substantially more than their less experienced counterparts, with higher percentile earnings reflecting greater responsibility, specialized skills, and proven leadership capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$57,790$27.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$60,195$28.9
ManagerOversees team, compliance, and project delivery.50% (Median)$76,020$36.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$100,325$48.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$109,200$52.5

Detailed Food Service Managers Market Analysis

Relocation Context

Nominal Salary

$80,260

Gross Pay

Real Wage (Purchasing Power)

$80,260

Adjusted for COL (100)

The average annual salary of $80,260 in Albany-Schenectady-Troy aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary earned by Food Service Managers in this region holds its purchasing power directly in line with the rest of the country, offering a stable financial standing.

Job Market Context

450

Total Jobs

1.017

Per 1K Jobs

0.64

Location Quotient

Below Average

Albany-Schenectady-Troy, NY has 0.64x the national average concentration of Food Service Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.64 for Food Service Managers in Albany-Schenectady-Troy indicates that this profession is less concentrated in this metropolitan area compared to the national average. This suggests that while there is a consistent demand, the market may not be oversaturated, potentially offering good opportunities for skilled individuals entering or advancing within the field.

Nearby Job Markets

Nearby Cities for Food Service Managers

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring Food Service Managerss?

Frequently Asked Questions

How much does a Food Service Managers make in Albany-Schenectady-Troy, NY?

The median annual salary for a Food Service Managers in Albany-Schenectady-Troy, NY is $80,260. This typically ranges from $57,790 for entry-level positions to $109,200 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 11.4% higher than the national median of $72,020.

Is Albany-Schenectady-Troy, NY a lucrative place for Food Service Managers?

Yes, it is a lucrative place for Food Service Managers.Food Service Managers in Albany-Schenectady-Troy earn an average of $80,260, which is notably higher than the national average. Coupled with a cost of living that matches the national average, this salary offers strong purchasing power.

Is Albany-Schenectady-Troy, NY a good place to live for Food Service 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 ($77,800) and Glens Falls, NY.

How does the Albany-Schenectady-Troy salary compare to the national average?

Food Service Managers in Albany-Schenectady-Troy earn an average of $80,260 annually, which is $8,240 more than the national average of $72,020.

What is the cost of living in Albany-Schenectady-Troy, NY?

The cost of living in Albany-Schenectady-Troy, NY, is exactly at the national average, with a Cost of Living Index of 100.

How concentrated is the Food Service Manager job market in Albany-Schenectady-Troy?

The job market for Food Service Managers in Albany-Schenectady-Troy is less concentrated than the national average, with a Location Quotient of 0.64.

What is the total number of Food Service Managers in the Albany-Schenectady-Troy area?

There are approximately 450 Food Service Managers employed in the Albany-Schenectady-Troy 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 450 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.017 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.