SalaryNode

Average Interviewers, Except Eligibility and Loan Salary in Albany-Schenectady-Troy, NY

In the Albany-Schenectady-Troy, NY metropolitan area, Interviewers, Except Eligibility and Loan professionals earn an average annual salary of $44,100. This figure is slightly below the national average of $45,050, indicating a modest difference in compensation within this specific region. Local economic factors and the demand for these specialized roles likely contribute to this pay scale.

Executive Summary

  • Average Salary: $44,100 per year.
  • Growth Trend: Salaries have shifted 12.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $54,400.
  • Outlook: The Albany-Schenectady-Troy region supports a local workforce of 660 Interviewers, Except Eligibility and Loan professionals. With a Location Quotient of 1.47, this role is more concentrated here than the national average, suggesting a robust and potentially growing demand for these positions within the local job market.
2024 Market Data

Salary Overview

$44,100

The average Interviewers, Except Eligibility and Loan in Albany-Schenectady-Troy, NY earns-2.1%below the national average.

BreakdownBased on 40h/week
Hourly

$21.2

Weekly

$848

Monthly

$3,675

Interviewers, Except Eligibility and Loan Salary Distribution in Albany-Schenectady-Troy, NY

Career progression for Interviewers, Except Eligibility and Loan typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while senior roles command higher earnings, reflecting increased responsibility and expertise. The variance between salary percentiles signifies clear opportunities for advancement within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,790$17.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,075$15.9
ManagerOversees team, compliance, and project delivery.50% (Median)$41,160$19.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,125$26.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$54,400$26.2

Detailed Interviewers, Except Eligibility and Loan Market Analysis

Relocation Context

Nominal Salary

$44,100

Gross Pay

Real Wage (Purchasing Power)

$44,100

Adjusted for COL (100)

The average annual salary of $44,100 in Albany-Schenectady-Troy aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering no significant advantage or disadvantage in terms of real income for those relocating.

Job Market Context

660

Total Jobs

1.501

Per 1K Jobs

1.47

Location Quotient

Above Average

With a location quotient of 1.47, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Interviewers, Except Eligibility and Loan roles compared to the national norm.

A Location Quotient of 1.47 for Interviewers, Except Eligibility and Loan in Albany-Schenectady-Troy signifies a higher concentration of these jobs compared to the national average. This suggests that the job market in this area is relatively more abundant or in higher demand for this specific occupation than in many other regions across the country.

Nearby Job Markets

Hiring Interviewers, Except Eligibility and Loans?

Frequently Asked Questions

How much does a Interviewers, Except Eligibility and Loan make in Albany-Schenectady-Troy, NY?

The median annual salary for a Interviewers, Except Eligibility and Loan in Albany-Schenectady-Troy, NY is $44,100. This typically ranges from $36,790 for entry-level positions to $54,400 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 2.1% lower than the national median of $45,050.

Is Albany-Schenectady-Troy, NY a lucrative place for Interviewers, Except Eligibility and Loans?

No, not significantly more lucrative than the national average.While the concentration of these roles is higher than the national average, the salary is slightly below the national average, and the cost of living is exactly at the national average.

Is Albany-Schenectady-Troy, NY a good place to live for Interviewers, Except Eligibility and Loans?

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 ($52,020) and Glens Falls, NY.

How does the local salary compare to the national average?

The average annual salary for Interviewers, Except Eligibility and Loan in Albany-Schenectady-Troy is $44,100, which is slightly lower than the national average of $45,050.

What does the Location Quotient of 1.47 mean for job seekers?

A Location Quotient of 1.47 indicates that there are more Interviewer, Except Eligibility and Loan jobs per capita in Albany-Schenectady-Troy than the national average, suggesting a potentially stronger local job market for this role.

How does the cost of living affect the salary in Albany-Schenectady-Troy?

With a Cost of Living Index of 100, the local cost of living matches the national average. Therefore, the $44,100 salary has the same purchasing power as the national average salary.

What is the total number of Interviewers, Except Eligibility and Loan in the area?

The Albany-Schenectady-Troy region employs approximately 660 Interviewers, Except Eligibility and Loan professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.501 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.