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Average Human Resources Specialists Salary in Binghamton, NY

Human Resources Specialists in Binghamton, NY, earn an average annual salary of $76,030. This figure is slightly below the national average of $79,090, a common occurrence in markets where local economic factors and industry concentration can influence compensation levels. The specific pay in Binghamton reflects a balance between the demand for HR expertise and the prevailing economic conditions within the region.

Executive Summary

  • Average Salary: $76,030 per year.
  • Growth Trend: Salaries have shifted 13.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $113,470.
  • Outlook: The Binghamton, NY market for Human Resources Specialists shows a moderate level of concentration, indicated by a Location Quotient of 0.56. While this suggests a lower density of HR specialists compared to the national average, the presence of 320 professionals and 3.345 jobs per 1,000 workers points to a stable, albeit not hyper-competitive, job market. This environment offers consistent opportunities for skilled HR professionals.
2024 Market Data

Salary Overview

$76,030

The average Human Resources Specialists in Binghamton, NY earns-3.9%below the national average.

BreakdownBased on 40h/week
Hourly

$36.6

Weekly

$1,462

Monthly

$6,336

Human Resources Specialists Salary Distribution in Binghamton, NY

Salary progression for Human Resources Specialists in Binghamton, NY, typically scales with experience. Entry-level positions often start in the lower percentiles, while seasoned professionals with extensive expertise and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential as one gains experience.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,340$21.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$57,023$27.4
ManagerOversees team, compliance, and project delivery.50% (Median)$68,960$33.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$95,038$45.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$113,470$54.6

Detailed Human Resources Specialists Market Analysis

Relocation Context

Nominal Salary

$76,030

Gross Pay

Real Wage (Purchasing Power)

$76,030

Adjusted for COL (100)

For Human Resources Specialists considering a move to Binghamton, NY, the nominal salary of $76,030 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of an HR Specialist's salary in Binghamton is equivalent to the national average, offering a stable financial foundation without the premium often associated with higher cost-of-living areas.

Job Market Context

320

Total Jobs

3.345

Per 1K Jobs

0.56

Location Quotient

Below Average

Binghamton, NY has 0.56x the national average concentration of Human Resources Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.56, Binghamton, NY, has a lower concentration of Human Resources Specialists relative to the national average. This suggests that the market is less saturated, potentially offering more opportunities for individuals entering the field or those seeking specialized roles. While not a hub of HR activity, the steady presence of professionals indicates a consistent demand for these vital services.

Nearby Job Markets

Hiring Human Resources Specialistss?

Frequently Asked Questions

How much does a Human Resources Specialists make in Binghamton, NY?

The median annual salary for a Human Resources Specialists in Binghamton, NY is $76,030. This typically ranges from $45,340 for entry-level positions to $113,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 3.9% lower than the national median of $79,090.

Is Binghamton, NY a lucrative place for Human Resources Specialists?

No, it is not exceptionally lucrative compared to the national average.The average salary of $76,030 is below the national average of $79,090, although the cost of living is at the national average, making the effective purchasing power comparable.

Is Binghamton, NY a good place to live for Human Resources Specialists?

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 ($81,470) and Elmira, NY.

How does Binghamton's HR Specialist salary compare to the national average?

The average annual salary for Human Resources Specialists in Binghamton, NY is $76,030, which is slightly lower than the national average of $79,090.

What is the cost of living in Binghamton, NY for HR Specialists?

Binghamton, NY has a Cost of Living Index of 100, which is exactly the national average, meaning the cost of goods and services is comparable nationwide.

How concentrated is the HR Specialist job market in Binghamton, NY?

The job market for HR Specialists in Binghamton has a Location Quotient of 0.56, indicating a lower concentration compared to the national average.

How many HR Specialists are there in Binghamton, NY?

There are approximately 320 Human Resources Specialists working in Binghamton, NY, with 3.345 jobs per 1,000 workers in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Binghamton, NY area with a job density of 3.345 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.