Average Jewelers and Precious Stone and Metal Workers Salary in Albany-Schenectady-Troy, NY
The average salary for a Jewelers and Precious Stone and Metal Workers in Albany-Schenectady-Troy, NY is $53,980. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $53,980 per year.
- Growth Trend: Salaries have shifted 24.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $79,050.
- Outlook: The current demand for Jewelers and Precious Stone and Metal Workerss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
Salary Overview
The average Jewelers and Precious Stone and Metal Workers in Albany-Schenectady-Troy, NY earns-1.9%below the national average.
$26
$1,038
$4,498
Jewelers and Precious Stone and Metal Workers Salary Trends (2020-2024)
Over the past 4 years, Jewelers and Precious Stone and Metal Workers salaries in Albany-Schenectady-Troy, NY have experienced a rapid surge, growing by 24.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Jewelers and Precious Stone and Metal Workers Salary Distribution in Albany-Schenectady-Troy, NY
The earning potential for Jewelers and Precious Stone and Metal Workerss in Albany-Schenectady-Troy, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $31,200, while highly experienced professionals can command wages upwards of $79,050.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $31,200 | $15 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $40,485 | $19.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,210 | $21.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $67,475 | $32.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $79,050 | $38 |
Detailed Jewelers and Precious Stone and Metal Workers Market Analysis
Relocation Context
Nominal Salary
$53,980
Gross Pay
Real Wage (Purchasing Power)
$53,980
Adjusted for COL (100)
In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $53,980 to $53,980.
Job Market Context
50
Total Jobs
0.113
Per 1K Jobs
0.74
Location Quotient
Albany-Schenectady-Troy, NY has 0.74x the national average concentration of Jewelers and Precious Stone and Metal Workers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
50 people work as Jewelers and Precious Stone and Metal Workers in Albany-Schenectady-Troy, NY.
Only 0.113 out of every 1,000 local jobs are Jewelers and Precious Stone and Metal Workers roles — this is a niche profession in the area.
Nearby Job Markets
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Frequently Asked Questions
How much does a Jewelers and Precious Stone and Metal Workers make in Albany-Schenectady-Troy, NY?
The median annual salary for a Jewelers and Precious Stone and Metal Workers in Albany-Schenectady-Troy, NY is $53,980. This typically ranges from $31,200 for entry-level positions to $79,050 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 1.9% lower than the national median of $55,030.
Is Albany-Schenectady-Troy, NY a good place for Jewelers and Precious Stone and Metal Workerss?
It depends on your priorities. While the average Jewelers and Precious Stone and Metal Workers salary in Albany-Schenectady-Troy, NY is $53,980 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Albany-Schenectady-Troy, NY. See distinct detailed breakdown below.
Is Albany-Schenectady-Troy, NY a good place to live for Jewelers and Precious Stone and Metal Workers?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.113 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Jewelers and Precious Stone and Metal Workers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY