Industrial Engineering Technologists and Technicians in Albany-Schenectady-Troy, NY earn an impressive average annual salary of $83,500. This figure significantly surpasses the national average of $69,540, indicating a strong local demand for these specialized roles. The higher compensation in this region is likely driven by a combination of industry needs and the specific economic landscape of the Capital District.
Executive Summary
- Average Salary: $83,500 per year.
- Growth Trend: Salaries have shifted 35.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,920.
- Outlook: The job market for Industrial Engineering Technologists and Technicians in Albany-Schenectady-Troy, NY, appears robust. With a local workforce of 410 individuals in this profession, and a Location Quotient of 1.96, the concentration of these roles is nearly double the national average. This suggests a healthy and potentially growing demand for skilled professionals in this sector within the region.
Salary Overview
The average Industrial Engineering Technologists and Technicians in Albany-Schenectady-Troy, NY earns+20.1%above the national average.
$40.1
$1,606
$6,958
Industrial Engineering Technologists and Technicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Industrial Engineering Technologists and Technicians in Albany-Schenectady-Troy, NY, have experienced growth over the past four years, mirroring national trends. Economic development and increased industrial activity often lead to upward pressure on wages for in-demand technical roles.
Industrial Engineering Technologists and Technicians Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for Industrial Engineering Technologists and Technicians is typically tied to experience and skill specialization. Entry-level positions will naturally command lower salaries, while senior engineers with extensive experience and proven track records can expect to earn significantly more. The percentile gaps in salary distributions reflect these opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $50,740 | $24.4 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $62,625 | $30.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $83,960 | $40.4 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $104,375 | $50.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $107,920 | $51.9 |
Detailed Industrial Engineering Technologists and Technicians Market Analysis
Relocation Context
Nominal Salary
$83,500
Gross Pay
Real Wage (Purchasing Power)
$83,500
Adjusted for COL (100)
The average annual salary of $83,500 in Albany-Schenectady-Troy, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Industrial Engineering Technologist's salary in this area is equivalent to the national average, offering a stable financial foundation without the added pressure of a higher cost of living.
Job Market Context
410
Total Jobs
0.932
Per 1K Jobs
1.96
Location Quotient
Albany-Schenectady-Troy, NY has 2.0x the national concentration of Industrial Engineering Technologists and Technicians jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.96 for Industrial Engineering Technologists and Technicians in Albany-Schenectady-Troy, NY, signifies a market that is more than 90% more concentrated than the national average. This indicates a strong presence and potentially high demand for these professionals, suggesting a competitive yet opportunity-rich environment for those in the field.
Nearby Job Markets
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Comparing salaries near Albany-Schenectady-Troy, NY
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Frequently Asked Questions
How much does a Industrial Engineering Technologists and Technicians make in Albany-Schenectady-Troy, NY?
The median annual salary for a Industrial Engineering Technologists and Technicians in Albany-Schenectady-Troy, NY is $83,500. This typically ranges from $50,740 for entry-level positions to $107,920 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 20.1% higher than the national median of $69,540.
Is Albany-Schenectady-Troy, NY a lucrative place for Industrial Engineering Technologists and Technicianss?
Yes, it is a lucrative place.The average salary of $83,500 is substantially higher than the national average, and the concentration of these jobs (LQ of 1.96) suggests strong local demand.
Is Albany-Schenectady-Troy, NY a good place to live for Industrial Engineering Technologists and Technicians?
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 ($81,710) and Glens Falls, NY.
How does the Albany-Schenectady-Troy, NY salary compare to the national average?
The average salary of $83,500 in Albany-Schenectady-Troy, NY, is approximately 20% higher than the national average of $69,540 for Industrial Engineering Technologists and Technicians.
What does the Location Quotient of 1.96 mean for job seekers?
A Location Quotient of 1.96 indicates that Industrial Engineering Technologists and Technicians are more than twice as concentrated in Albany-Schenectady-Troy, NY, compared to the national average, suggesting a higher prevalence and potentially greater demand for these roles.
Is the cost of living a factor for Industrial Engineering Technologists in Albany-Schenectady-Troy, NY?
No, the cost of living in Albany-Schenectady-Troy, NY, is at the national average (100), meaning the higher salary of $83,500 offers equivalent purchasing power to the national average salary.
How many Industrial Engineering Technologists and Technicians work in Albany-Schenectady-Troy, NY?
There are approximately 410 Industrial Engineering Technologists and Technicians employed within the Albany-Schenectady-Troy, NY metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.932 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Industrial Engineering Technologists and Technicians • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY