SalaryNode

Average Lawyers Salary in Albany-Schenectady-Troy, NY

Lawyers in the Albany-Schenectady-Troy, NY area earn an average annual salary of $139,090. This figure is notably below the national average of $194,940, suggesting that while the demand for legal professionals exists, the compensation may be influenced by regional economic factors and the overall cost of living within the state capital region.

Executive Summary

  • Average Salary: $139,090 per year.
  • Growth Trend: Salaries have shifted 21.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $214,670.
  • Outlook: The Albany-Schenectady-Troy region supports a robust legal workforce of 3,370 professionals. With a Location Quotient of 1.57, indicating a concentration of lawyers 57% higher than the national average, the job market demonstrates a significant presence and sustained demand for legal expertise within this metropolitan area.
2024 Market Data

Salary Overview

$139,090

The average Lawyers in Albany-Schenectady-Troy, NY earns-28.6%below the national average.

BreakdownBased on 40h/week
Hourly

$66.9

Weekly

$2,675

Monthly

$11,591

Lawyers Salary Distribution in Albany-Schenectady-Troy, NY

The career path for lawyers in Albany-Schenectady-Troy typically involves significant salary progression based on experience. Entry-level positions will command lower salaries, while seasoned attorneys with extensive experience and specialized skills can expect to earn substantially more, potentially reaching into the upper percentiles of the $139,090 average. The widening gap between entry-level and senior salaries reflects the value placed on accumulated expertise and proven success in the legal field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Legal AssistantResearch, drafting documents, case support.10% (Entry)$77,030$37
AssociateHandling depositions, smaller cases independently.25% (Junior)$104,318$50.2
Senior AssociateLead on cases, client management, trial experience.50% (Median)$123,590$59.4
Counsel / PartnerBusiness development, specialized high-stakes cases.75% (Senior)$173,863$83.6
Managing PartnerFirm leadership. Executive strategy.90% (Expert)$214,670$103.2

Detailed Lawyers Market Analysis

Relocation Context

Nominal Salary

$139,090

Gross Pay

Real Wage (Purchasing Power)

$139,090

Adjusted for COL (100)

The average annual salary of $139,090 for lawyers in Albany-Schenectady-Troy aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a lawyer's salary in this region is equivalent to the national average, offering a stable financial environment without the added pressure of higher or lower living expenses.

Job Market Context

3,370

Total Jobs

7.612

Per 1K Jobs

1.57

Location Quotient

Major Hub

Albany-Schenectady-Troy, NY has 1.6x the national concentration of Lawyers 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 1.57 signifies that lawyers are more concentrated in the Albany-Schenectady-Troy area than in the nation overall. This suggests a competitive yet stable job market where legal services are in higher demand relative to the general workforce, presenting ample opportunities for both new entrants and experienced practitioners.

Nearby Job Markets

Nearby Cities for Lawyers

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring Lawyerss?

Frequently Asked Questions

How much does a Lawyers make in Albany-Schenectady-Troy, NY?

The median annual salary for a Lawyers in Albany-Schenectady-Troy, NY is $139,090. This typically ranges from $77,030 for entry-level positions to $214,670 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 28.6% lower than the national median of $194,940.

Is Albany-Schenectady-Troy, NY a lucrative place for Lawyerss?

Yes, with caveats.While the average salary of $139,090 is below the national average, the strong concentration of legal jobs (LQ 1.57) and a national average cost of living indicate a stable and opportunity-rich market.

Is Albany-Schenectady-Troy, NY a good place to live for Lawyers?

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 ($146,130) and Kingston, NY.

How does the Albany lawyer salary compare to the national average?

Lawyers in Albany-Schenectady-Troy earn an average of $139,090 annually, which is $55,850 less than the national average of $194,940.

What is the job market like for lawyers in Albany-Schenectady-Troy?

The job market is robust, with a higher concentration of lawyers (LQ 1.57) than the national average, indicating strong demand and a significant presence of legal professionals.

Does the cost of living affect the value of a lawyer's salary in Albany?

No, the local cost of living index is 100, matching the national average. This means the $139,090 salary has the same purchasing power as it would nationally.

How many lawyers are employed in the Albany-Schenectady-Troy area?

There are approximately 3,370 lawyers employed in the Albany-Schenectady-Troy, NY region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,370 employees in the Albany-Schenectady-Troy, NY area with a job density of 7.612 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.