Average Industrial Production Managers Salary in Albany-Schenectady-Troy, NY
Industrial Production Managers in the Albany-Schenectady-Troy, NY area earn an impressive average annual salary of $158,250. This figure significantly surpasses the national average of $129,180, indicating a strong demand and potentially higher operational complexities or industry presence within the region that justifies this elevated compensation.
Executive Summary
- Average Salary: $158,250 per year.
- Growth Trend: Salaries have shifted 13.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $228,780.
- Outlook: With a local workforce of 480 Industrial Production Managers, the Albany-Schenectady-Troy area demonstrates a stable, albeit not overwhelmingly concentrated, presence of these professionals. The Location Quotient of 0.72 suggests that while the role is present, it is slightly less concentrated than the national average, implying a balanced job market where experienced professionals can find opportunities without extreme competition.
Salary Overview
The average Industrial Production Managers in Albany-Schenectady-Troy, NY earns+22.5%above the national average.
$76.1
$3,043
$13,188
Industrial Production Managers Salary Trends (2020-2024)
While specific historical data for this localized role isn't provided, it's reasonable to assume that salaries for Industrial Production Managers in Albany-Schenectady-Troy have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for efficient production, and the need for skilled management in manufacturing sectors likely contribute to this upward salary trajectory.
Industrial Production Managers Salary Distribution in Albany-Schenectady-Troy, NY
Career progression for Industrial Production Managers typically involves a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, the difference between starting salaries and those commanded by seasoned professionals with extensive experience in optimizing production lines and managing large teams can be substantial, often representing a 30-50% or more increase in earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $88,170 | $42.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $118,688 | $57.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $139,200 | $66.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $197,813 | $95.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $228,780 | $110 |
Detailed Industrial Production Managers Market Analysis
Relocation Context
Nominal Salary
$158,250
Gross Pay
Real Wage (Purchasing Power)
$158,250
Adjusted for COL (100)
The average annual salary of $158,250 in Albany-Schenectady-Troy, NY, is particularly attractive given the local Cost of Living Index stands precisely at the national average of 100. This means that the purchasing power of an Industrial Production Manager's salary in this region is equivalent to the national average, allowing for a comfortable lifestyle without the added financial strain often associated with higher-paying, high-cost-of-living areas.
Job Market Context
480
Total Jobs
1.093
Per 1K Jobs
0.72
Location Quotient
Albany-Schenectady-Troy, NY has 0.72x the national average concentration of Industrial Production Managers 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 Production Managers in Albany-Schenectady-Troy indicates a market that is slightly less concentrated than the national average. This suggests that while the demand for these roles is present, the supply of qualified candidates might be more balanced, potentially offering good opportunities for those seeking employment without facing the intense competition found in more saturated markets.
Nearby Job Markets
Nearby Cities for Industrial Production Managers
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Industrial Production Managers Salary | $142,640↓ 10% | 31 mi |
| Glens Falls, NY Industrial Production Managers Salary | $131,490↓ 17% | 45 mi |
| Kingston, NY Industrial Production Managers Salary | $132,060↓ 17% | 52 mi |
| Southwest New York nonmetropolitan area Industrial Production Managers Salary | $130,060↓ 18% | 68 mi |
| Central East New York nonmetropolitan area Industrial Production Managers Salary | $126,940↓ 20% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
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Frequently Asked Questions
How much does a Industrial Production Managers make in Albany-Schenectady-Troy, NY?
The median annual salary for a Industrial Production Managers in Albany-Schenectady-Troy, NY is $158,250. This typically ranges from $88,170 for entry-level positions to $228,780 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 22.5% higher than the national median of $129,180.
Is Albany-Schenectady-Troy, NY a lucrative place for Industrial Production Managers?
Yes, it is a lucrative place for Industrial Production Managers.The average salary of $158,250 significantly exceeds the national average, and the cost of living is at the national benchmark, making it a financially advantageous location.
Is Albany-Schenectady-Troy, NY a good place to live for Industrial Production 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 ($142,640) and Glens Falls, NY.
How does the Albany-Schenectady-Troy salary compare to the national average?
The average salary of $158,250 in Albany-Schenectady-Troy is approximately $29,070 higher than the national average of $129,180 for Industrial Production Managers.
What is the job market like for Industrial Production Managers in this area?
The job market appears stable with a local workforce of 480 and a Location Quotient of 0.72, indicating a presence that is slightly less concentrated than the national average, suggesting a balanced demand and supply.
Does the cost of living affect the value of the salary?
No, the cost of living in Albany-Schenectady-Troy is exactly at the national average (100), meaning the $158,250 salary offers purchasing power equivalent to the national average.
How many Industrial Production Managers are there in Albany-Schenectady-Troy?
There are approximately 480 Industrial Production Managers employed in the Albany-Schenectady-Troy 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 480 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.093 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 Production Managers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY