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Average Human Resources Specialists Salary in Albany-Schenectady-Troy, NY

Human Resources Specialists in the Albany-Schenectady-Troy, NY area earn an average annual salary of $79,430. This figure is slightly above the national average of $79,090, indicating a competitive compensation landscape. Local economic factors and the specific demand within the region contribute to this slightly elevated pay.

Executive Summary

  • Average Salary: $79,430 per year.
  • Growth Trend: Salaries have shifted 13.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $114,880.
  • Outlook: With a local workforce of 2,770 Human Resources Specialists, the Albany-Schenectady-Troy region demonstrates a solid presence in this field. The Location Quotient of 1.05 suggests a concentration of these roles that is marginally higher than the national average, implying a stable and potentially growing demand for HR expertise within the area.
2024 Market Data

Salary Overview

$79,430

The average Human Resources Specialists in Albany-Schenectady-Troy, NY earns+0.4%above the national average.

BreakdownBased on 40h/week
Hourly

$38.2

Weekly

$1,528

Monthly

$6,619

Human Resources Specialists Salary Distribution in Albany-Schenectady-Troy, NY

Career progression for Human Resources Specialists in Albany-Schenectady-Troy typically sees significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries well into the upper percentiles, reflecting a clear path for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,180$24.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$59,573$28.6
ManagerOversees team, compliance, and project delivery.50% (Median)$75,020$36.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$99,288$47.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$114,880$55.2

Detailed Human Resources Specialists Market Analysis

Relocation Context

Nominal Salary

$79,430

Gross Pay

Real Wage (Purchasing Power)

$79,430

Adjusted for COL (100)

The average annual salary of $79,430 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, providing a stable financial foundation for residents.

Job Market Context

2,770

Total Jobs

6.246

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Human Resources Specialists roles compared to the national norm.

A Location Quotient of 1.05 indicates that Human Resources Specialists are slightly more concentrated in the Albany-Schenectady-Troy area compared to the national average. This suggests a healthy job market where demand is at least on par with, or slightly exceeding, the national distribution, making it a moderately competitive environment for HR professionals.

Nearby Job Markets

Nearby Cities for Human Resources Specialists

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring Human Resources Specialistss?

Frequently Asked Questions

How much does a Human Resources Specialists make in Albany-Schenectady-Troy, NY?

The median annual salary for a Human Resources Specialists in Albany-Schenectady-Troy, NY is $79,430. This typically ranges from $50,180 for entry-level positions to $114,880 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 0.4% higher than the national median of $79,090.

Is Albany-Schenectady-Troy, NY a lucrative place for Human Resources Specialists?

Yes, it offers competitive compensation.The average salary of $79,430 is slightly above the national average, and the cost of living is exactly at the national average, indicating good purchasing power.

Is Albany-Schenectady-Troy, NY a good place to live for Human Resources Specialists?

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 ($79,680) and Glens Falls, NY.

How does the number of HR Specialists in Albany compare nationally?

Albany-Schenectady-Troy has 2,770 Human Resources Specialists, with 6.246 jobs per 1,000 workers, indicating a notable presence in the field.

What does a Location Quotient of 1.05 mean for HR Specialists?

A Location Quotient of 1.05 signifies that HR Specialists are slightly more concentrated in this region than the national average, suggesting a healthy local demand.

How does the cost of living affect the HR Specialist salary in Albany?

With a Cost of Living Index of 100, the national average, the $79,430 salary provides purchasing power equivalent to the national average, making it stable.

What is the overall job market like for HR Specialists in this area?

The market is stable with a slight concentration of HR roles, indicating consistent opportunities for skilled professionals in Albany-Schenectady-Troy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,770 employees in the Albany-Schenectady-Troy, NY area with a job density of 6.246 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.