Average Healthcare Practitioners and Technical Occupations Salary in Binghamton, NY
Healthcare Practitioners and Technical Occupations in Binghamton, NY, command an impressive average annual salary of $110,460. This figure notably surpasses the national average of $105,800, indicating a localized premium for these vital roles. Factors such as specialized demand and the specific economic landscape of the Binghamton area likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $110,460 per year.
- Growth Trend: Salaries have shifted 37.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $169,400.
- Outlook: With a substantial local workforce of 7,130 individuals in Healthcare Practitioners and Technical Occupations, Binghamton demonstrates a significant presence in this sector. The location quotient of 1.19 further underscores this, suggesting that these roles are more concentrated in Binghamton than the national average. This indicates a robust and potentially growing job market with sustained demand for skilled healthcare professionals.
Salary Overview
The average Healthcare Practitioners and Technical Occupations in Binghamton, NY earns+4.4%above the national average.
$53.1
$2,124
$9,205
Healthcare Practitioners and Technical Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Healthcare Practitioners and Technical Occupations in Binghamton have experienced consistent growth over the past four years, mirroring national trends. This upward trajectory is typically driven by increasing healthcare needs, advancements in medical technology, and ongoing efforts to attract and retain qualified professionals in the field.
Healthcare Practitioners and Technical Occupations Salary Distribution in Binghamton, NY
Salary progression within Healthcare Practitioners and Technical Occupations in Binghamton, NY, is strongly tied to experience and specialization. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with advanced degrees and extensive experience can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and the increasing value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $46,220 | $22.2 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $82,845 | $39.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $86,290 | $41.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $138,075 | $66.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $169,400 | $81.4 |
Detailed Healthcare Practitioners and Technical Occupations Market Analysis
Relocation Context
Nominal Salary
$110,460
Gross Pay
Real Wage (Purchasing Power)
$110,460
Adjusted for COL (100)
The average annual salary of $110,460 in Binghamton, NY, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a healthcare professional's income in Binghamton is equivalent to the national standard. Consequently, relocating to Binghamton offers the potential for a comparable lifestyle without the financial strain often associated with areas having a higher cost of living.
Job Market Context
7,130
Total Jobs
73.99
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, Binghamton, NY has a slightly higher-than-average concentration of Healthcare Practitioners and Technical Occupations roles compared to the national norm.
Binghamton, NY, exhibits a healthy concentration of Healthcare Practitioners and Technical Occupations, as evidenced by its location quotient of 1.19. This value, slightly above the national average, suggests a competitive yet accessible job market. While the demand is higher locally than nationally, it doesn't necessarily indicate an oversaturated market, implying good opportunities for skilled professionals seeking employment.
Nearby Job Markets
Nearby Cities for Healthcare Practitioners and Technical Occupations
Comparing salaries near Binghamton, NY
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Frequently Asked Questions
How much does a Healthcare Practitioners and Technical Occupations make in Binghamton, NY?
The median annual salary for a Healthcare Practitioners and Technical Occupations in Binghamton, NY is $110,460. This typically ranges from $46,220 for entry-level positions to $169,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 4.4% higher than the national median of $105,800.
Is Binghamton, NY a lucrative place for Healthcare Practitioners and Technical Occupationss?
Yes, Binghamton, NY offers lucrative opportunities for Healthcare Practitioners and Technical Occupations.The average salary of $110,460 significantly exceeds the national average, and the cost of living is on par with the national average, enhancing earning potential.
Is Binghamton, NY a good place to live for Healthcare Practitioners and Technical Occupations?
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 ($100,300) and Elmira, NY.
How does Binghamton's average salary compare to the national average for this field?
The average annual salary for Healthcare Practitioners and Technical Occupations in Binghamton, NY, is $110,460, which is higher than the national average of $105,800.
What is the concentration of Healthcare jobs in Binghamton compared to the rest of the country?
Binghamton has a location quotient of 1.19 for these occupations, indicating that they are 19% more concentrated locally than the national average.
How does the cost of living in Binghamton affect the salary?
Binghamton's cost of living index is 100, which is the national average. This means the $110,460 salary has the same purchasing power as the national average salary in a typical US location.
What does the total local workforce number signify?
The total local workforce of 7,130 indicates a substantial number of professionals in these roles within Binghamton, suggesting a well-established healthcare sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,130 employees in the Binghamton, NY area with a job density of 73.99 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Healthcare Practitioners and Technical Occupations • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY