SalaryNode

Average Lodging Managers Salary in New York

Lodging Managers in New York can expect an average annual salary of $88,470, significantly surpassing the national average of $77,320. This elevated compensation is largely driven by New York's dynamic hospitality sector and the higher operational costs associated with managing properties in a major economic hub.

Executive Summary

  • Average Salary: $88,470 per year.
  • Growth Trend: Salaries have shifted 1.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $149,330.
  • Outlook: With a local workforce of 3,130 Lodging Managers, New York demonstrates a notable concentration of this profession, indicated by a Location Quotient of 1.22. This suggests a robust demand and a well-established market for skilled lodging management professionals within the state.
2024 Market Data

Salary Overview

$88,470

The average Lodging Managers in New York earns+14.4%above the national average.

BreakdownBased on 40h/week
Hourly

$42.5

Weekly

$1,701

Monthly

$7,373

Lodging Managers Salary Distribution in New York

Career progression for Lodging Managers in New York typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles and executive management positions command salaries in the upper percentiles, reflecting expanded responsibilities and proven leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,850$20.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$66,353$31.9
ManagerOversees team, compliance, and project delivery.50% (Median)$76,740$36.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$110,588$53.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$149,330$71.8

Detailed Lodging Managers Market Analysis

Relocation Context

Nominal Salary

$88,470

Gross Pay

Real Wage (Purchasing Power)

$70,719

Adjusted for COL (125.1)

The average annual salary of $88,470 in New York presents a mixed picture when considering the state's Cost of Living Index of 125.1. While the nominal salary is higher than the national average, the increased cost of living means that the purchasing power of this salary may be less than it appears when compared to areas with a lower cost of living.

Job Market Context

3,130

Total Jobs

0.328

Per 1K Jobs

1.22

Location Quotient

Above Average

With a location quotient of 1.22, New York has a slightly higher-than-average concentration of Lodging Managers roles compared to the national norm.

A Location Quotient of 1.22 indicates that Lodging Managers are more concentrated in New York than the national average. This suggests a competitive market where employers may seek experienced professionals, but also signifies a strong presence and ongoing demand for these roles within the state's hospitality industry.

Nearby Job Markets

Nearby Cities for Lodging Managers

Comparing salaries near New York

Hiring Lodging Managerss?

Frequently Asked Questions

How much does a Lodging Managers make in New York?

The median annual salary for a Lodging Managers in New York is $88,470. This typically ranges from $42,850 for entry-level positions to $149,330 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 14.4% higher than the national median of $77,320.

Is New York a lucrative place for Lodging Managers?

Yes, but with caveats.New York offers a higher average salary for Lodging Managers compared to the national average. However, the significantly higher cost of living in the state must be factored into its true lucrativeness.

Is New York a good place to live for Lodging Managers?

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 Binghamton, NY ($71,250) and Kingston, NY.

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

Lodging Managers in New York earn an average of $88,470 annually, which is approximately $11,150 more than the national average of $77,320.

What is the significance of the Location Quotient for Lodging Managers in New York?

A Location Quotient of 1.22 means that Lodging Managers are 22% more concentrated in New York than the national average, indicating a stronger presence and potentially higher demand for these roles.

How does the Cost of Living Index affect the Lodging Manager salary in New York?

With a Cost of Living Index of 125.1, New York is 25.1% more expensive than the national average. This means the higher salary is partially offset by increased living expenses.

What is the total number of Lodging Managers in New York?

There are approximately 3,130 Lodging Managers employed in New York State.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,130 employees in the New York area with a job density of 0.328 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.