Average Industrial Machinery Mechanics Salary in Albany-Schenectady-Troy, NY
Industrial Machinery Mechanics in the Albany-Schenectady-Troy, NY area command an impressive average annual salary of $71,570. This figure notably surpasses the national average of $66,990, suggesting that regional economic factors and specific industry demands within the Capital Region contribute to higher compensation for these skilled professionals.
Executive Summary
- Average Salary: $71,570 per year.
- Growth Trend: Salaries have shifted 23.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $89,350.
- Outlook: With a local workforce of 870 Industrial Machinery Mechanics, the Albany-Schenectady-Troy, NY region demonstrates a stable, albeit not exceptionally concentrated, presence of this vital occupation. The Location Quotient of 0.72 indicates a slightly lower concentration compared to the national average, implying a steady demand that is met by the existing workforce without significant oversupply.
Salary Overview
The average Industrial Machinery Mechanics in Albany-Schenectady-Troy, NY earns+6.8%above the national average.
$34.4
$1,376
$5,964
Industrial Machinery Mechanics Salary Trends (2020-2024)
While specific historical data for this role in Albany is not provided, it is reasonable to assume that salaries for Industrial Machinery Mechanics have experienced consistent growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for skilled trades, and the evolving complexity of industrial machinery.
Industrial Machinery Mechanics Salary Distribution in Albany-Schenectady-Troy, NY
The career trajectory for an Industrial Machinery Mechanic typically involves significant salary increases with experience. Entry-level positions might start at a lower percentile, but as mechanics gain expertise, hone their diagnostic skills, and take on more complex repair and maintenance tasks, their earning potential escalates considerably, reaching higher percentiles for senior and specialized roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $51,390 | $24.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $53,678 | $25.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $70,310 | $33.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $89,463 | $43 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $89,350 | $43 |
Detailed Industrial Machinery Mechanics Market Analysis
Relocation Context
Nominal Salary
$71,570
Gross Pay
Real Wage (Purchasing Power)
$71,570
Adjusted for COL (100)
The average annual salary of $71,570 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 Machinery Mechanic's salary in this region is equivalent to the national average, offering a stable financial standing without the premium often associated with higher living expenses.
Job Market Context
870
Total Jobs
1.964
Per 1K Jobs
0.72
Location Quotient
Albany-Schenectady-Troy, NY has 0.72x the national average concentration of Industrial Machinery Mechanics jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.72 for Industrial Machinery Mechanics in Albany-Schenectady-Troy, NY suggests that this occupation is slightly less concentrated than the national average. This indicates a healthy job market where demand is present but not saturated, potentially offering good opportunities for skilled mechanics seeking employment without facing intense competition.
Nearby Job Markets
Nearby Cities for Industrial Machinery Mechanics
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Industrial Machinery Mechanics Salary | $72,360↑ 1% | 31 mi |
| Glens Falls, NY Industrial Machinery Mechanics Salary | $66,940↓ 6% | 45 mi |
| Kingston, NY Industrial Machinery Mechanics Salary | $66,890↓ 7% | 52 mi |
| Southwest New York nonmetropolitan area Industrial Machinery Mechanics Salary | $67,620↓ 6% | 68 mi |
| Central East New York nonmetropolitan area Industrial Machinery Mechanics Salary | $63,410↓ 11% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Industrial Machinery Mechanicss?
Frequently Asked Questions
How much does a Industrial Machinery Mechanics make in Albany-Schenectady-Troy, NY?
The median annual salary for a Industrial Machinery Mechanics in Albany-Schenectady-Troy, NY is $71,570. This typically ranges from $51,390 for entry-level positions to $89,350 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 6.8% higher than the national median of $66,990.
Is Albany-Schenectady-Troy, NY a lucrative place for Industrial Machinery Mechanics?
Yes, it is a lucrative place for Industrial Machinery Mechanics.The average salary of $71,570 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Albany-Schenectady-Troy, NY a good place to live for Industrial Machinery Mechanics?
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 ($72,360) and Glens Falls, NY.
How does the local salary compare to the national average?
Industrial Machinery Mechanics in Albany-Schenectady-Troy, NY earn an average of $71,570 annually, which is higher than the national average of $66,990.
What is the job concentration for this role in the region?
The region has a Location Quotient of 0.72, meaning the concentration of Industrial Machinery Mechanics is slightly below the national average.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local salary of $71,570 offers purchasing power equivalent to the national average, making it financially stable.
What is the total number of Industrial Machinery Mechanics in the area?
There are approximately 870 Industrial Machinery Mechanics employed in 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 870 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.964 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 Machinery Mechanics • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY