Average Installation, Maintenance, and Repair Occupations Salary in Albany-Schenectady-Troy, NY
In the Albany-Schenectady-Troy, NY metropolitan area, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $63,280. This figure slightly surpasses the national average of $61,410, indicating a localized demand and compensation structure that reflects the region's economic dynamics. Factors such as the cost of doing business, local industry needs, and the availability of skilled labor contribute to this competitive pay.
Executive Summary
- Average Salary: $63,280 per year.
- Growth Trend: Salaries have shifted 15.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $95,790.
- Outlook: The Albany-Schenectady-Troy region supports a substantial workforce of 16,640 individuals in Installation, Maintenance, and Repair Occupations. With a Location Quotient of 0.96, the concentration of these roles is nearly on par with the national average, suggesting a stable and consistent demand for these essential services. The presence of nearly 38 jobs per 1,000 workers further underscores the robustness of this sector within the local economy.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Albany-Schenectady-Troy, NY earns+3.0%above the national average.
$30.4
$1,217
$5,273
Installation, Maintenance, and Repair Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Installation, Maintenance, and Repair Occupations in the Albany-Schenectady-Troy area have experienced steady growth over the past four years. This trend is generally observed across many skilled trades, driven by inflation, increasing demand for services, and the need to attract and retain qualified personnel in a competitive labor market.
Installation, Maintenance, and Repair Occupations Salary Distribution in Albany-Schenectady-Troy, NY
Career progression in Installation, Maintenance, and Repair Occupations typically leads to significant salary increases. Entry-level positions may start at a lower percentile, but with acquired experience, specialized skills, and demonstrated reliability, professionals can advance to senior roles commanding higher compensation. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, directly reflects this career trajectory and the value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $38,120 | $18.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $47,460 | $22.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,660 | $28.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $79,100 | $38 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $95,790 | $46.1 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$63,280
Gross Pay
Real Wage (Purchasing Power)
$63,280
Adjusted for COL (100)
The average annual salary of $63,280 in Albany-Schenectady-Troy aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national standard, making relocation financially neutral from a cost-of-living perspective. Residents can expect their earnings to cover typical expenses without facing a premium or discount compared to the rest of the country.
Job Market Context
16,640
Total Jobs
37.56
Per 1K Jobs
0.96
Location Quotient
Albany-Schenectady-Troy, NY has 0.96x the national average concentration of Installation, Maintenance, and Repair Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.96 for Installation, Maintenance, and Repair Occupations in Albany-Schenectady-Troy indicates that the concentration of these jobs in the region is very close to the national average. This suggests a balanced job market where demand and supply are relatively well-matched, without significant oversupply or undersupply of workers. It implies a competitive but accessible market for both employers seeking talent and individuals looking for employment in this field.
Nearby Job Markets
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Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Albany-Schenectady-Troy, NY?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Albany-Schenectady-Troy, NY is $63,280. This typically ranges from $38,120 for entry-level positions to $95,790 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 3.0% higher than the national median of $61,410.
Is Albany-Schenectady-Troy, NY a lucrative place for Installation, Maintenance, and Repair Occupationss?
Yes, it offers competitive compensation.The average salary of $63,280 slightly exceeds the national average, and the cost of living is exactly at the national average, providing good purchasing power for these roles.
Is Albany-Schenectady-Troy, NY a good place to live for Installation, Maintenance, and Repair Occupations?
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 ($62,470) and Glens Falls, NY.
How does the Albany-Schenectady-Troy salary compare to the national average?
The average annual salary in Albany-Schenectady-Troy is $63,280, which is higher than the national average of $61,410 for Installation, Maintenance, and Repair Occupations.
What is the concentration of Installation, Maintenance, and Repair jobs in Albany-Schenectady-Troy?
The Location Quotient is 0.96, meaning the concentration of these jobs is very close to the national average, indicating a stable market presence.
How does the cost of living affect the salary in Albany-Schenectady-Troy?
With a Cost of Living Index of 100, the salary of $63,280 holds its value effectively, matching the national average purchasing power.
What is the size of the workforce for these occupations in the region?
Albany-Schenectady-Troy has a local workforce of 16,640 individuals employed in Installation, Maintenance, and Repair Occupations.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 16,640 employees in the Albany-Schenectady-Troy, NY area with a job density of 37.56 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Installation, Maintenance, and Repair Occupations • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY