SalaryNode

Average Jewelers and Precious Stone and Metal Workers Salary in New York

Jewelers and Precious Stone and Metal Workers in New York earn an impressive average annual salary of $63,710, significantly surpassing the national average of $55,030. This elevated compensation is largely driven by New York's robust luxury market and the specialized skills required for intricate craftsmanship in precious materials.

Executive Summary

  • Average Salary: $63,710 per year.
  • Growth Trend: Salaries have shifted 2.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,870.
  • Outlook: With a substantial local workforce of 4,750 professionals and a Location Quotient of 3.28, New York demonstrates a strong and concentrated demand for Jewelers and Precious Stone and Metal Workers. This high concentration suggests a thriving industry that actively seeks and retains skilled artisans, indicating a robust job market for this profession within the state.
2024 Market Data

Salary Overview

$63,710

The average Jewelers and Precious Stone and Metal Workers in New York earns+15.8%above the national average.

BreakdownBased on 40h/week
Hourly

$30.6

Weekly

$1,225

Monthly

$5,309

Jewelers and Precious Stone and Metal Workers Salary Distribution in New York

Career progression for Jewelers and Precious Stone and Metal Workers in New York typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized expertise and a proven track record can command salaries in the upper percentiles, reflecting their advanced skills and value to employers.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$35,990$17.3
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$47,783$23
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$50,890$24.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$79,638$38.3
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$98,870$47.5

Detailed Jewelers and Precious Stone and Metal Workers Market Analysis

Relocation Context

Nominal Salary

$63,710

Gross Pay

Real Wage (Purchasing Power)

$50,927

Adjusted for COL (125.1)

The average annual salary of $63,710 in New York presents a mixed picture when considering the state's Cost of Living Index of 125.1. While the nominal salary is considerably higher than the national average, the elevated cost of living means that the purchasing power of this salary may be somewhat diminished compared to living in a more affordable region.

Job Market Context

4,750

Total Jobs

0.498

Per 1K Jobs

3.28

Location Quotient

Major Hub

New York has 3.3x the national concentration of Jewelers and Precious Stone and Metal Workers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 3.28 indicates that New York has a significantly higher concentration of Jewelers and Precious Stone and Metal Workers compared to the national average. This suggests a highly specialized and competitive market, where demand for these skilled professionals is robust, potentially leading to more opportunities but also requiring a higher level of expertise.

Nearby Job Markets

Nearby Cities for Jewelers and Precious Stone and Metal Workers

CitySalaryDist.
Albany-Schenectady-Troy, NY Jewelers and Precious Stone and Metal Workers Salary$53,980↓ 15%68 mi

Comparing salaries near New York

Hiring Jewelers and Precious Stone and Metal Workerss?

Frequently Asked Questions

How much does a Jewelers and Precious Stone and Metal Workers make in New York?

The median annual salary for a Jewelers and Precious Stone and Metal Workers in New York is $63,710. This typically ranges from $35,990 for entry-level positions to $98,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 15.8% higher than the national median of $55,030.

Is New York a lucrative place for Jewelers and Precious Stone and Metal Workerss?

Yes, New York is a lucrative place for Jewelers and Precious Stone and Metal Workers.The average salary of $63,710 is substantially higher than the national average, and the high Location Quotient indicates strong industry demand.

Is New York a good place to live for Jewelers and Precious Stone and Metal Workers?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York?

Some top paying nearby cities include Albany-Schenectady-Troy, NY ($53,980) and others.

What is the average salary for Jewelers in New York?

The average annual salary for Jewelers and Precious Stone and Metal Workers in New York is $63,710.

How does New York's salary compare to the national average?

New York's average salary of $63,710 is significantly higher than the national average of $55,030 for this profession.

What does the Location Quotient of 3.28 mean for Jewelers in New York?

A Location Quotient of 3.28 signifies that New York has a much higher concentration of Jewelers and Precious Stone and Metal Workers than the national average, indicating a strong and specialized local market.

How does the cost of living affect the salary for Jewelers in New York?

With a Cost of Living Index of 125.1, the higher nominal salary in New York is somewhat offset by the increased expenses associated with living in the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,750 employees in the New York area with a job density of 0.498 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Jewelers and Precious Stone and Metal Workers • Data source: BLS OEWS 2024 •Jobs in New York