Average Machinists Salary in Albany-Schenectady-Troy, NY
Machinists in the Albany-Schenectady-Troy, NY area earn an impressive average annual salary of $66,910, significantly surpassing the national average of $57,000. This elevated compensation reflects the specialized skills required for the role and potentially the specific industrial demands within the region that necessitate higher pay to attract and retain qualified talent.
Executive Summary
- Average Salary: $66,910 per year.
- Growth Trend: Salaries have shifted 34.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $89,320.
- Outlook: The Albany-Schenectady-Troy, NY metropolitan area supports a dedicated workforce of 560 Machinists. With a Location Quotient of 0.66, the concentration of these professionals is slightly below the national average, suggesting a stable but not oversaturated market. The presence of 1.275 jobs per 1,000 workers indicates a consistent demand for skilled Machinists within this locality.
Salary Overview
The average Machinists in Albany-Schenectady-Troy, NY earns+17.4%above the national average.
$32.2
$1,287
$5,576
Machinists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary landscape for Machinists in Albany-Schenectady-Troy, NY has experienced growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for precision manufacturing, and the need for specialized expertise likely contribute to a positive salary trajectory for this skilled trade.
Machinists Salary Distribution in Albany-Schenectady-Troy, NY
Career progression for Machinists typically involves a clear salary scaling from entry-level to senior positions. Junior Machinists might start at the lower percentiles, while seasoned professionals with extensive experience and advanced certifications command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $47,430 | $22.8 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $50,183 | $24.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $64,080 | $30.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $83,638 | $40.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $89,320 | $42.9 |
Detailed Machinists Market Analysis
Relocation Context
Nominal Salary
$66,910
Gross Pay
Real Wage (Purchasing Power)
$66,910
Adjusted for COL (100)
For Machinists considering a move to Albany-Schenectady-Troy, NY, the average annual salary of $66,910 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the Machinist salary in this area is equivalent to the national average, offering a stable financial environment without the pressure of higher living expenses.
Job Market Context
560
Total Jobs
1.275
Per 1K Jobs
0.66
Location Quotient
Albany-Schenectady-Troy, NY has 0.66x the national average concentration of Machinists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.66 for Machinists in Albany-Schenectady-Troy, NY indicates that the profession is less concentrated here compared to the national average. This suggests that while there is a solid base of employment, the market may not be saturated, potentially offering good opportunities for skilled individuals seeking employment without facing intense competition from a disproportionately large pool of local professionals.
Nearby Job Markets
Nearby Cities for Machinists
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Machinists Salary | $58,910↓ 12% | 31 mi |
| Glens Falls, NY Machinists Salary | $60,330↓ 10% | 45 mi |
| Kingston, NY Machinists Salary | $59,820↓ 11% | 52 mi |
| Southwest New York nonmetropolitan area Machinists Salary | $59,560↓ 11% | 68 mi |
| Central East New York nonmetropolitan area Machinists Salary | $59,390↓ 11% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Machinistss?
Frequently Asked Questions
How much does a Machinists make in Albany-Schenectady-Troy, NY?
The median annual salary for a Machinists in Albany-Schenectady-Troy, NY is $66,910. This typically ranges from $47,430 for entry-level positions to $89,320 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 17.4% higher than the national median of $57,000.
Is Albany-Schenectady-Troy, NY a lucrative place for Machinists?
Yes, it is a lucrative place for Machinists.Machinists in this area earn significantly above the national average salary. Furthermore, the cost of living is on par with the national average, meaning their higher earnings translate to strong purchasing power.
Is Albany-Schenectady-Troy, NY a good place to live for Machinists?
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 ($58,910) and Glens Falls, NY.
How does the Machinist salary in Albany compare to the national average?
The average annual salary for Machinists in Albany-Schenectady-Troy, NY is $66,910, which is considerably higher than the national average of $57,000.
What is the Cost of Living in Albany-Schenectady-Troy, NY for Machinists?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100, which is exactly the national average. This means that the salary earned by Machinists here has the same purchasing power as the national average.
How concentrated is the Machinist job market in Albany-Schenectady-Troy, NY?
The Machinist job market in Albany-Schenectady-Troy, NY has a Location Quotient of 0.66, indicating it is less concentrated than the national average. This suggests a potentially less competitive job market.
What is the total number of Machinists in the Albany-Schenectady-Troy, NY area?
There are approximately 560 Machinists employed in the Albany-Schenectady-Troy, NY metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.275 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Machinists Salaries by State
Top Jobs in Albany-Schenectady-Troy, NY
- All Occupations Salary in Albany-Schenectady-Troy, NY
- Office and Administrative Support Occupations Salary in Albany-Schenectady-Troy, NY
- Business and Financial Operations Occupations Salary in Albany-Schenectady-Troy, NY
- Sales and Related Occupations Salary in Albany-Schenectady-Troy, NY
- Educational Instruction and Library Occupations Salary in Albany-Schenectady-Troy, NY
- Food Preparation and Serving Related Occupations Salary in Albany-Schenectady-Troy, NY
- Transportation and Material Moving Occupations Salary in Albany-Schenectady-Troy, NY
- Management Occupations Salary in Albany-Schenectady-Troy, NY
- Healthcare Practitioners and Technical Occupations Salary in Albany-Schenectady-Troy, NY
- Healthcare Support Occupations Salary in Albany-Schenectady-Troy, NY
- Browse All Jobs in Albany-Schenectady-Troy, NY →
Semantic Salary Analysis for Machinists • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY