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Average Hairdressers, Hairstylists, and Cosmetologists Salary in Albany-Schenectady-Troy, NY

Hairdressers, Hairstylists, and Cosmetologists in the Albany-Schenectady-Troy, NY area earn an average annual salary of $41,900. This figure is slightly below the national average of $43,460, reflecting a localized market dynamic. Factors such as regional demand, local economic conditions, and the cost of doing business in the Capital Region contribute to this specific compensation level.

Executive Summary

  • Average Salary: $41,900 per year.
  • Growth Trend: Salaries have shifted 29.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,600.
  • Outlook: The Albany-Schenectady-Troy region supports a workforce of approximately 650 Hairdressers, Hairstylists, and Cosmetologists. With a Location Quotient of 0.77, the concentration of these professionals is slightly below the national average, suggesting a stable but not overly saturated job market. The presence of 1.467 jobs per 1,000 workers indicates a consistent demand for skilled individuals in this sector within the area.
2024 Market Data

Salary Overview

$41,900

The average Hairdressers, Hairstylists, and Cosmetologists in Albany-Schenectady-Troy, NY earns-3.6%below the national average.

BreakdownBased on 40h/week
Hourly

$20.2

Weekly

$806

Monthly

$3,492

Hairdressers, Hairstylists, and Cosmetologists Salary Distribution in Albany-Schenectady-Troy, NY

Career progression for Hairdressers, Hairstylists, and Cosmetologists typically involves moving from entry-level positions to senior or specialized roles. As professionals gain experience, refine their skills, and build a clientele, their earning potential significantly increases. Salary differences between the lower and upper percentiles often represent this growth, with senior stylists commanding higher rates due to their expertise and established reputation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$31,200$15
ExperiencedProficient professional working independently.25% (Junior)$31,425$15.1
Mid-LevelEstablished expert. Standard market value.50% (Median)$33,590$16.1
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$52,375$25.2
Top TierIndustry leader / Executive level compensation.90% (Expert)$58,600$28.2

Detailed Hairdressers, Hairstylists, and Cosmetologists Market Analysis

Relocation Context

Nominal Salary

$41,900

Gross Pay

Real Wage (Purchasing Power)

$41,900

Adjusted for COL (100)

The average annual salary of $41,900 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 offers purchasing power equivalent to the national average, indicating a balanced economic environment where earnings are neither significantly strained nor exceptionally amplified by living expenses.

Job Market Context

650

Total Jobs

1.467

Per 1K Jobs

0.77

Location Quotient

Below Average

Albany-Schenectady-Troy, NY has 0.77x the national average concentration of Hairdressers, Hairstylists, and Cosmetologists 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 0.77 for Hairdressers, Hairstylists, and Cosmetologists in Albany-Schenectady-Troy indicates that this profession is slightly less concentrated than the national average. This suggests that while the demand is present, the market is not saturated with professionals, potentially offering good opportunities for skilled individuals entering or already established in the field.

Nearby Job Markets

Hiring Hairdressers, Hairstylists, and Cosmetologistss?

Frequently Asked Questions

How much does a Hairdressers, Hairstylists, and Cosmetologists make in Albany-Schenectady-Troy, NY?

The median annual salary for a Hairdressers, Hairstylists, and Cosmetologists in Albany-Schenectady-Troy, NY is $41,900. This typically ranges from $31,200 for entry-level positions to $58,600 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 3.6% lower than the national median of $43,460.

Is Albany-Schenectady-Troy, NY a lucrative place for Hairdressers, Hairstylists, and Cosmetologists?

No, it is not exceptionally lucrative compared to the national average.The average salary of $41,900 is slightly below the national average, though the cost of living is also at the national average, making the purchasing power comparable.

Is Albany-Schenectady-Troy, NY a good place to live for Hairdressers, Hairstylists, and Cosmetologists?

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 ($47,060) and Kingston, NY.

How does the Albany hairdresser salary compare to the national average?

The average annual salary for Hairdressers, Hairstylists, and Cosmetologists in Albany-Schenectady-Troy is $41,900, which is slightly lower than the national average of $43,460.

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

The Cost of Living Index for Albany-Schenectady-Troy is 100, which is exactly the national average, indicating that the general cost of goods and services is on par with the rest of the country.

How many Hairdressers, Hairstylists, and Cosmetologists work in the Albany area?

There are approximately 650 Hairdressers, Hairstylists, and Cosmetologists employed in the Albany-Schenectady-Troy metropolitan area.

Is the job market for hairdressers competitive in Albany?

With a Location Quotient of 0.77, the market is slightly less concentrated than the national average, suggesting a moderate level of competition and consistent demand for professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 650 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.467 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.