Average General and Operations Managers Salary in Binghamton, NY
General and Operations Managers in Binghamton, NY, command an average annual salary of $122,610. This figure is slightly below the national average of $132,920, a common occurrence in markets where local economic factors and industry concentrations influence compensation structures. Binghamton's specific economic landscape shapes this pay scale.
Executive Summary
- Average Salary: $122,610 per year.
- Growth Trend: Salaries have shifted 6.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $221,570.
- Outlook: With a local workforce of 1,800 General and Operations Managers, Binghamton presents a stable, albeit not hyper-concentrated, job market. The Location Quotient of 0.8 indicates a presence that is slightly less concentrated than the national average, suggesting a steady demand rather than an overwhelming surplus of opportunities. The 18.633 jobs per 1,000 workers metric reinforces this outlook, pointing to consistent employment availability for skilled professionals in this sector.
Salary Overview
The average General and Operations Managers in Binghamton, NY earns-7.8%below the national average.
$59
$2,358
$10,218
General and Operations Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for General and Operations Managers in Binghamton, NY, have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for experienced management professionals typically drive upward salary adjustments in most metropolitan areas.
General and Operations Managers Salary Distribution in Binghamton, NY
Career progression for General and Operations Managers in Binghamton, NY, is typically marked by significant salary increases. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and a proven track record can command salaries in the higher percentiles, often exceeding $150,000. These percentile gaps clearly signify the value placed on experience and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,330 | $23.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $91,958 | $44.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,940 | $44.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $153,263 | $73.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $221,570 | $106.5 |
Detailed General and Operations Managers Market Analysis
Relocation Context
Nominal Salary
$122,610
Gross Pay
Real Wage (Purchasing Power)
$122,610
Adjusted for COL (100)
The nominal average salary of $122,610 in Binghamton, NY, is particularly attractive when considered against the local Cost of Living Index of 100. This index signifies that Binghamton's cost of living is precisely at the national average. Therefore, the purchasing power of a General and Operations Manager's salary in Binghamton is equivalent to the national average, making it a financially stable location for these professionals.
Job Market Context
1,800
Total Jobs
18.633
Per 1K Jobs
0.8
Location Quotient
Binghamton, NY has 0.80x the national average concentration of General and Operations Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.8 for General and Operations Managers in Binghamton, NY, suggests that the concentration of these roles is slightly lower than the national average. This indicates a moderately competitive job market where opportunities exist, but perhaps not at the same density found in larger, more industry-heavy metropolitan areas. Professionals may find a balanced environment with steady demand.
Nearby Job Markets
Nearby Cities for General and Operations Managers
| City | Salary | Dist. |
|---|---|---|
| Ithaca, NY General and Operations Managers Salary | $123,450↑ 1% | 39 mi |
| Elmira, NY General and Operations Managers Salary | $122,430↓ 0% | 46 mi |
| Southwest New York nonmetropolitan area General and Operations Managers Salary | $115,000↓ 6% | 49 mi |
| Central East New York nonmetropolitan area General and Operations Managers Salary | $115,290↓ 6% | 49 mi |
| Capital/Northern New York nonmetropolitan area General and Operations Managers Salary | $114,240↓ 7% | 49 mi |
Comparing salaries near Binghamton, NY
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Frequently Asked Questions
How much does a General and Operations Managers make in Binghamton, NY?
The median annual salary for a General and Operations Managers in Binghamton, NY is $122,610. This typically ranges from $49,330 for entry-level positions to $221,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 7.8% lower than the national median of $132,920.
Is Binghamton, NY a lucrative place for General and Operations Managerss?
Yes, Binghamton, NY offers a financially stable environment for General and Operations Managers.While the average salary is slightly below the national average, the cost of living is also at the national average, meaning your earnings have equivalent purchasing power. The stable job market ensures consistent opportunities.
Is Binghamton, NY a good place to live for General and Operations Managers?
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 ($123,450) and Elmira, NY.
How does Binghamton's cost of living compare to the national average for managers?
Binghamton's cost of living index is 100, which is exactly the national average. This means that the $122,610 average salary for General and Operations Managers in Binghamton offers purchasing power equivalent to the national average.
What is the concentration of General and Operations Managers in Binghamton?
The Location Quotient for General and Operations Managers in Binghamton is 0.8, indicating that the concentration of these roles is slightly lower than the national average. This suggests a stable but not overly saturated job market.
How many General and Operations Manager jobs are there per 1,000 workers in Binghamton?
There are approximately 18.633 jobs per 1,000 workers for General and Operations Managers in Binghamton, NY, reflecting a consistent level of employment in this field within the local economy.
What is the total number of General and Operations Managers in Binghamton?
The total local workforce for General and Operations Managers in Binghamton, NY, is estimated to be 1,800 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,800 employees in the Binghamton, NY area with a job density of 18.633 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for General and Operations Managers • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY