Average Human Resources Managers Salary in Albany-Schenectady-Troy, NY
Human Resources Managers in the Albany-Schenectady-Troy, NY area earn an average annual salary of $134,560. This figure is notably below the national average of $164,620, suggesting that while the demand is present, local market dynamics and potentially a lower cost of living contribute to this compensation difference.
Executive Summary
- Average Salary: $134,560 per year.
- Growth Trend: Salaries have shifted 26.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $208,460.
- Outlook: With a local workforce of 920 Human Resources Managers and a Location Quotient of 1.49, the Albany-Schenectady-Troy region demonstrates a significant concentration of these professionals relative to the national average. This indicates a robust and established market for HR talent, suggesting stable demand and opportunities within the area.
Salary Overview
The average Human Resources Managers in Albany-Schenectady-Troy, NY earns-18.3%below the national average.
$64.7
$2,588
$11,213
Human Resources Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Human Resources Managers in Albany-Schenectady-Troy have seen a steady upward trend over the past four years, mirroring national patterns of salary growth driven by inflation, increased demand for HR expertise, and evolving workplace regulations.
Human Resources Managers Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for Human Resources Managers in Albany-Schenectady-Troy typically scales with experience. Entry-level positions may start at lower percentiles, while senior HR leaders with extensive experience and specialized skills can command salaries in the upper percentiles, reflecting a clear career trajectory and the value placed on seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $79,620 | $38.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $100,920 | $48.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $120,840 | $58.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $168,200 | $80.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $208,460 | $100.2 |
Detailed Human Resources Managers Market Analysis
Relocation Context
Nominal Salary
$134,560
Gross Pay
Real Wage (Purchasing Power)
$134,560
Adjusted for COL (100)
The average annual salary of $134,560 in Albany-Schenectady-Troy aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of an HR Manager's salary in this region is equivalent to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.
Job Market Context
920
Total Jobs
2.084
Per 1K Jobs
1.49
Location Quotient
With a location quotient of 1.49, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Human Resources Managers roles compared to the national norm.
A Location Quotient of 1.49 signifies that Human Resources Managers are 49% more concentrated in the Albany-Schenectady-Troy area than the national average. This suggests a competitive yet well-established job market, where employers actively seek HR expertise, and professionals have a good chance of finding relevant opportunities.
Nearby Job Markets
Nearby Cities for Human Resources Managers
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Human Resources Managers Salary | $164,490↑ 22% | 31 mi |
| Glens Falls, NY Human Resources Managers Salary | $167,540↑ 25% | 45 mi |
| Kingston, NY Human Resources Managers Salary | $136,710↑ 2% | 52 mi |
| Southwest New York nonmetropolitan area Human Resources Managers Salary | $167,370↑ 24% | 68 mi |
| Central East New York nonmetropolitan area Human Resources Managers Salary | $153,570↑ 14% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Human Resources Managerss?
Frequently Asked Questions
How much does a Human Resources Managers make in Albany-Schenectady-Troy, NY?
The median annual salary for a Human Resources Managers in Albany-Schenectady-Troy, NY is $134,560. This typically ranges from $79,620 for entry-level positions to $208,460 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 18.3% lower than the national median of $164,620.
Is Albany-Schenectady-Troy, NY a lucrative place for Human Resources Managers?
No, not when compared to the national average.While the average salary of $134,560 is substantial, it falls below the national average of $164,620. However, the cost of living being at the national average indicates that the salary's purchasing power is equivalent.
Is Albany-Schenectady-Troy, NY a good place to live for Human Resources Managers?
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 ($164,490) and Glens Falls, NY.
How does the local HR manager workforce compare to the national average?
The Albany-Schenectady-Troy area has a higher concentration of Human Resources Managers, with a Location Quotient of 1.49, indicating 49% more HR managers per capita than the national average.
What is the total number of HR managers in the Albany-Schenectady-Troy area?
There are approximately 920 Human Resources Managers employed within the Albany-Schenectady-Troy, NY metropolitan area.
Does experience significantly impact HR manager salaries in this region?
Yes, as with most professions, experience plays a crucial role in salary determination, with senior HR managers earning considerably more than those in entry-level or mid-career positions.
How does the cost of living in Albany-Schenectady-Troy affect the salary?
The cost of living in Albany-Schenectady-Troy is exactly at the national average (100), meaning the $134,560 salary offers purchasing power equivalent to the national average salary in a national average cost of living area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 920 employees in the Albany-Schenectady-Troy, NY area with a job density of 2.084 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Human Resources Managers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY