Average Hairdressers, Hairstylists, and Cosmetologists Salary in Binghamton, NY
Hairdressers, Hairstylists, and Cosmetologists in Binghamton, NY, earn an average annual salary of $36,000. This figure is notably below the national average of $43,460, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. The specific economic landscape of Binghamton plays a crucial role in shaping the earning potential for these beauty professionals.
Executive Summary
- Average Salary: $36,000 per year.
- Growth Trend: Salaries have shifted 13.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,230.
- Outlook: Binghamton, NY, supports a local workforce of 220 Hairdressers, Hairstylists, and Cosmetologists. With a Location Quotient of 1.21, the concentration of these professionals in Binghamton is slightly higher than the national average, indicating a stable, albeit not booming, demand for their services within the region. The presence of 2.324 jobs per 1,000 workers further solidifies the presence of this occupational group in the local economy.
Salary Overview
The average Hairdressers, Hairstylists, and Cosmetologists in Binghamton, NY earns-17.2%below the national average.
$17.3
$692
$3,000
Hairdressers, Hairstylists, and Cosmetologists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Hairdressers, Hairstylists, and Cosmetologists in Binghamton have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This upward trajectory, though potentially modest, reflects an evolving market and a continued need for skilled beauty professionals.
Hairdressers, Hairstylists, and Cosmetologists Salary Distribution in Binghamton, NY
Career progression for Hairdressers, Hairstylists, and Cosmetologists in Binghamton typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with established clientele and advanced skills can command significantly higher earnings. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $31,200 | $15 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $27,000 | $13 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $31,200 | $15 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $45,000 | $21.6 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $46,230 | $22.2 |
Detailed Hairdressers, Hairstylists, and Cosmetologists Market Analysis
Relocation Context
Nominal Salary
$36,000
Gross Pay
Real Wage (Purchasing Power)
$36,000
Adjusted for COL (100)
The average annual salary of $36,000 in Binghamton, NY, aligns precisely with the national average Cost of Living Index of 100. This means that the nominal income earned by hairdressers in Binghamton has the same purchasing power as the national average, indicating a balanced economic environment where salaries are commensurate with the general cost of goods and services.
Job Market Context
220
Total Jobs
2.324
Per 1K Jobs
1.21
Location Quotient
With a location quotient of 1.21, Binghamton, NY has a slightly higher-than-average concentration of Hairdressers, Hairstylists, and Cosmetologists roles compared to the national norm.
A Location Quotient of 1.21 for Hairdressers, Hairstylists, and Cosmetologists in Binghamton suggests a slightly more concentrated presence of this profession compared to the national average. This indicates a healthy, competitive market where demand is present and potentially growing, offering opportunities for both new entrants and established professionals to find employment.
Nearby Job Markets
Nearby Cities for Hairdressers, Hairstylists, and Cosmetologists
Comparing salaries near Binghamton, NY
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Frequently Asked Questions
How much does a Hairdressers, Hairstylists, and Cosmetologists make in Binghamton, NY?
The median annual salary for a Hairdressers, Hairstylists, and Cosmetologists in Binghamton, NY is $36,000. This typically ranges from $31,200 for entry-level positions to $46,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 17.2% lower than the national median of $43,460.
Is Binghamton, NY a lucrative place for Hairdressers, Hairstylists, and Cosmetologists?
No, not particularly lucrative compared to the national average.While the cost of living is average, the average salary of $36,000 is significantly lower than the national average of $43,460. This suggests that while the cost of living is manageable, the earning potential is somewhat constrained.
Is Binghamton, NY a good place to live for Hairdressers, Hairstylists, and Cosmetologists?
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 ($41,260) and Southwest New York nonmetropolitan area.
How does Binghamton's hairdresser salary compare to the national average?
The average annual salary for hairdressers in Binghamton, NY, is $36,000, which is below the national average of $43,460.
What is the concentration of hairdressers in Binghamton compared to the rest of the US?
Binghamton has a Location Quotient of 1.21 for hairdressers, indicating a slightly higher concentration of these professionals than the national average.
Does the cost of living in Binghamton affect hairdresser salaries?
The cost of living in Binghamton is at the national average (100), meaning the $36,000 salary has average purchasing power, but the salary itself is lower than the national average.
How many hairdressers are employed in Binghamton?
There are approximately 220 Hairdressers, Hairstylists, and Cosmetologists employed in Binghamton, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Binghamton, NY area with a job density of 2.324 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Hairdressers, Hairstylists, and Cosmetologists • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY