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Average Heating, Air Conditioning, and Refrigeration Mechanics and Installers Salary in Albany-Schenectady-Troy, NY

Heating, Air Conditioning, and Refrigeration Mechanics and Installers in the Albany-Schenectady-Troy, NY area earn an impressive average annual salary of $66,670. This figure notably surpasses the national average of $62,480, indicating a localized premium for these essential services. The demand for skilled HVAC professionals in this region, coupled with specific market dynamics, likely contributes to this elevated compensation.

Executive Summary

  • Average Salary: $66,670 per year.
  • Growth Trend: Salaries have shifted 6.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $95,540.
  • Outlook: The Albany-Schenectady-Troy region boasts a robust job market for HVAC professionals, with a total local workforce of 1,400 individuals in this field. The Location Quotient of 1.23 suggests a concentration of these jobs that is 23% higher than the national average, signaling strong demand and a healthy employment landscape for mechanics and installers.
2024 Market Data

Salary Overview

$66,670

The average Heating, Air Conditioning, and Refrigeration Mechanics and Installers in Albany-Schenectady-Troy, NY earns+6.7%above the national average.

BreakdownBased on 40h/week
Hourly

$32.1

Weekly

$1,282

Monthly

$5,556

Heating, Air Conditioning, and Refrigeration Mechanics and Installers Salary Distribution in Albany-Schenectady-Troy, NY

Salary progression for Heating, Air Conditioning, and Refrigeration Mechanics and Installers is significantly influenced by experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and certifications can command substantially higher salaries. The percentile gaps in earnings clearly signify career progression opportunities, rewarding accumulated expertise and advanced skill sets.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$46,740$22.5
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$50,003$24
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$62,480$30
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$83,338$40.1
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$95,540$45.9

Detailed Heating, Air Conditioning, and Refrigeration Mechanics and Installers Market Analysis

Relocation Context

Nominal Salary

$66,670

Gross Pay

Real Wage (Purchasing Power)

$66,670

Adjusted for COL (100)

The average annual salary of $66,670 in Albany-Schenectady-Troy aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an HVAC professional's salary in this area is equivalent to the national standard, offering a stable financial environment without the added pressure of a higher cost of living.

Job Market Context

1,400

Total Jobs

3.16

Per 1K Jobs

1.23

Location Quotient

Above Average

With a location quotient of 1.23, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Heating, Air Conditioning, and Refrigeration Mechanics and Installers roles compared to the national norm.

With a Location Quotient of 1.23, the Albany-Schenectady-Troy metropolitan area demonstrates a higher concentration of Heating, Air Conditioning, and Refrigeration Mechanics and Installers compared to the national average. This suggests a competitive yet abundant job market, where demand is consistently present, and there are ample opportunities for skilled professionals to find employment.

Nearby Job Markets

Hiring Heating, Air Conditioning, and Refrigeration Mechanics and Installerss?

Frequently Asked Questions

How much does a Heating, Air Conditioning, and Refrigeration Mechanics and Installers make in Albany-Schenectady-Troy, NY?

The median annual salary for a Heating, Air Conditioning, and Refrigeration Mechanics and Installers in Albany-Schenectady-Troy, NY is $66,670. This typically ranges from $46,740 for entry-level positions to $95,540 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 6.7% higher than the national median of $62,480.

Is Albany-Schenectady-Troy, NY a lucrative place for Heating, Air Conditioning, and Refrigeration Mechanics and Installerss?

Yes, Albany-Schenectady-Troy offers a lucrative environment for HVAC professionals.The average salary of $66,670 exceeds the national average, and the cost of living is on par with the national index, indicating strong earning potential and good purchasing power.

Is Albany-Schenectady-Troy, NY a good place to live for Heating, Air Conditioning, and Refrigeration Mechanics and Installers?

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 ($70,090) and Glens Falls, NY.

How does the local HVAC job market compare to the national average?

The local job market in Albany-Schenectady-Troy is more concentrated than the national average, with a Location Quotient of 1.23, suggesting a higher demand for HVAC professionals relative to the general workforce.

What is the average number of HVAC jobs per 1,000 workers in Albany-Schenectady-Troy?

There are approximately 3.16 jobs per 1,000 workers for Heating, Air Conditioning, and Refrigeration Mechanics and Installers in the Albany-Schenectady-Troy area.

Does the cost of living affect the value of an HVAC salary in Albany-Schenectady-Troy?

No, the cost of living in Albany-Schenectady-Troy is exactly at the national average (100), meaning the $66,670 salary has the same purchasing power as the national average salary.

How many HVAC professionals are employed in the Albany-Schenectady-Troy area?

The total local workforce for Heating, Air Conditioning, and Refrigeration Mechanics and Installers in the Albany-Schenectady-Troy region is approximately 1,400 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,400 employees in the Albany-Schenectady-Troy, NY area with a job density of 3.16 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.