SalaryNode

Average Laborers and Freight, Stock, and Material Movers, Hand Salary in Albany-Schenectady-Troy, NY

In the Albany-Schenectady-Troy, NY metropolitan area, Laborers and Freight, Stock, and Material Movers, Hand earn an average annual salary of $45,930. This figure is notably higher than the national average of $41,390, suggesting that local economic factors and demand contribute to a more favorable compensation landscape for these essential workers.

Executive Summary

  • Average Salary: $45,930 per year.
  • Growth Trend: Salaries have shifted 23.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,150.
  • Outlook: The Albany-Schenectady-Troy region supports a substantial workforce of 7,320 individuals in Laborer and Material Mover roles. With a Location Quotient of 0.85, the concentration of these jobs is slightly below the national average, indicating a stable but not overly saturated market. The rate of 16.518 jobs per 1,000 workers further underscores the consistent presence and demand for these positions within the local economy.
2024 Market Data

Salary Overview

$45,930

The average Laborers and Freight, Stock, and Material Movers, Hand in Albany-Schenectady-Troy, NY earns+11.0%above the national average.

BreakdownBased on 40h/week
Hourly

$22.1

Weekly

$883

Monthly

$3,828

Laborers and Freight, Stock, and Material Movers, Hand Salary Distribution in Albany-Schenectady-Troy, NY

Career progression for Laborers and Freight, Stock, and Material Movers, Hand typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command significantly higher salaries. The percentile gaps in earnings clearly signify the potential for career advancement and increased earning power as one accumulates experience and expertise in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$35,490$17.1
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$34,448$16.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$44,990$21.6
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$57,413$27.6
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$59,150$28.4

Detailed Laborers and Freight, Stock, and Material Movers, Hand Market Analysis

Relocation Context

Nominal Salary

$45,930

Gross Pay

Real Wage (Purchasing Power)

$45,930

Adjusted for COL (100)

The average annual salary of $45,930 in Albany-Schenectady-Troy aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, making it neither exceptionally advantageous nor disadvantageous for individuals considering relocation. The nominal salary effectively translates to a standard lifestyle in this region.

Job Market Context

7,320

Total Jobs

16.518

Per 1K Jobs

0.85

Location Quotient

Below Average

Albany-Schenectady-Troy, NY has 0.85x the national average concentration of Laborers and Freight, Stock, and Material Movers, Hand jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.85, the Albany-Schenectady-Troy area has a slightly lower concentration of Laborers and Freight, Stock, and Material Movers, Hand compared to the national average. This suggests that while the job market is robust and offers consistent opportunities, it is not disproportionately dominated by these roles. The market is competitive, but there is ample room for skilled individuals to find employment.

Nearby Job Markets

Hiring Laborers and Freight, Stock, and Material Movers, Hands?

Frequently Asked Questions

How much does a Laborers and Freight, Stock, and Material Movers, Hand make in Albany-Schenectady-Troy, NY?

The median annual salary for a Laborers and Freight, Stock, and Material Movers, Hand in Albany-Schenectady-Troy, NY is $45,930. This typically ranges from $35,490 for entry-level positions to $59,150 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 11.0% higher than the national median of $41,390.

Is Albany-Schenectady-Troy, NY a lucrative place for Laborers and Freight, Stock, and Material Movers, Hands?

Yes, with a salary above the national average.The average salary of $45,930 is higher than the national average of $41,390, and the cost of living is at the national average, indicating good earning potential.

Is Albany-Schenectady-Troy, NY a good place to live for Laborers and Freight, Stock, and Material Movers, Hands?

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 ($41,620) and Glens Falls, NY.

How does the local job market compare to the national average for this role?

The job market in Albany-Schenectady-Troy has a Location Quotient of 0.85, indicating a slightly lower concentration of these jobs than the national average, suggesting a stable but not overly saturated market.

What is the average number of these jobs per 1,000 workers in Albany-Schenectady-Troy?

There are approximately 16.518 jobs per 1,000 workers for Laborers and Freight, Stock, and Material Movers, Hand in the Albany-Schenectady-Troy area.

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

The Cost of Living Index is 100, which is the national average. This means the $45,930 salary offers purchasing power equivalent to the national average, providing a standard cost of living.

What is the total number of Laborers and Freight, Stock, and Material Movers, Hand in the region?

The Albany-Schenectady-Troy metropolitan area employs a total of 7,320 individuals in Laborer and Material Mover roles.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,320 employees in the Albany-Schenectady-Troy, NY area with a job density of 16.518 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.