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Average Gambling Dealers Salary in New York

Gambling Dealers in New York earn an impressive average annual salary of $46,500, significantly surpassing the national average of $39,000. This elevated compensation is directly influenced by New York's dynamic economic landscape and the specialized demands of the state's gaming industry, which often requires a higher caliber of service and regulatory compliance.

Executive Summary

  • Average Salary: $46,500 per year.
  • Growth Trend: Salaries have shifted 30.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $84,910.
  • Outlook: With a local workforce of 1,880 Gambling Dealers, New York presents a substantial, albeit niche, employment sector. The Location Quotient of 0.37 indicates that while the profession is present, it is less concentrated than the national average, suggesting a potentially stable demand for skilled professionals within this specific market.
2024 Market Data

Salary Overview

$46,500

The average Gambling Dealers in New York earns+19.2%above the national average.

BreakdownBased on 40h/week
Hourly

$22.4

Weekly

$894

Monthly

$3,875

Gambling Dealers Salary Distribution in New York

The salary progression for Gambling Dealers in New York typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The gap between entry-level and senior roles, often reflected in salary percentiles, highlights the substantial career advancement opportunities available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$31,200$15
ExperiencedProficient professional working independently.25% (Junior)$34,875$16.8
Mid-LevelEstablished expert. Standard market value.50% (Median)$34,660$16.7
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$58,125$27.9
Top TierIndustry leader / Executive level compensation.90% (Expert)$84,910$40.8

Detailed Gambling Dealers Market Analysis

Relocation Context

Nominal Salary

$46,500

Gross Pay

Real Wage (Purchasing Power)

$37,170

Adjusted for COL (125.1)

A nominal salary of $46,500 in New York must be viewed through the lens of its Cost of Living Index, which stands at 125.1. This means that living expenses are approximately 25.1% higher than the national average. Consequently, while the gross salary is attractive, the actual purchasing power requires careful budgeting and financial planning.

Job Market Context

1,880

Total Jobs

0.197

Per 1K Jobs

0.37

Location Quotient

Low Concentration

At 0.37x, New York has a notably lower concentration of Gambling Dealers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.37 for Gambling Dealers in New York suggests that the profession is not as densely populated as it is nationally. This lower concentration could imply less intense competition for available positions, potentially offering a more favorable job market for qualified individuals seeking employment in this field within the state.

Nearby Job Markets

Hiring Gambling Dealerss?

Frequently Asked Questions

How much does a Gambling Dealers make in New York?

The median annual salary for a Gambling Dealers in New York is $46,500. This typically ranges from $31,200 for entry-level positions to $84,910 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 19.2% higher than the national median of $39,000.

Is New York a lucrative place for Gambling Dealerss?

Yes, with caveats.New York offers a higher average salary for Gambling Dealers than the national average. However, the significantly higher cost of living means that the real disposable income may not be as substantial as the nominal salary suggests.

Is New York a good place to live for Gambling Dealers?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

What is the average salary for a Gambling Dealer in New York?

The average annual salary for a Gambling Dealer in New York is $46,500.

How does New York's salary for Gambling Dealers compare to the national average?

Gambling Dealers in New York earn approximately $7,500 more per year on average compared to the national average salary of $39,000.

What is the Cost of Living Index in New York?

New York has a Cost of Living Index of 125.1, indicating that it is 25.1% more expensive to live there than the national average.

How concentrated is the job market for Gambling Dealers in New York?

The job market for Gambling Dealers in New York is less concentrated than the national average, with a Location Quotient of 0.37.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,880 employees in the New York area with a job density of 0.197 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.