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Average Management Occupations Salary in Albany-Schenectady-Troy, NY

In the Albany-Schenectady-Troy, NY metropolitan area, professionals in Management Occupations earn an average annual salary of $139,810. This figure is slightly below the national average of $143,930, suggesting a localized compensation structure influenced by regional economic factors and industry demand. The cost of living in this area aligns perfectly with the national average, making the salary highly competitive in real terms.

Executive Summary

  • Average Salary: $139,810 per year.
  • Growth Trend: Salaries have shifted 15.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $223,380.
  • Outlook: The Albany-Schenectady-Troy region supports a substantial workforce of 29,110 individuals in Management Occupations. With a Location Quotient of 0.92, the concentration of these roles is nearly on par with the national average, indicating a stable and established market for management talent. The presence of 65.718 management jobs per 1,000 workers underscores the consistent demand for leadership and strategic oversight within the local economy.
2024 Market Data

Salary Overview

$139,810

The average Management Occupations in Albany-Schenectady-Troy, NY earns-2.9%below the national average.

BreakdownBased on 40h/week
Hourly

$67.2

Weekly

$2,689

Monthly

$11,651

Management Occupations Salary Distribution in Albany-Schenectady-Troy, NY

Within the Management Occupations field, salary progression is strongly tied to experience and responsibility. Entry-level positions typically command lower salaries, while senior and executive roles, requiring extensive expertise and decision-making authority, can significantly exceed the average. The widening salary gap between junior and senior professionals reflects the substantial value placed on seasoned leadership and strategic acumen.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$63,410$30.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$104,858$50.4
ManagerOversees team, compliance, and project delivery.50% (Median)$123,850$59.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$174,763$84
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$223,380$107.4

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$139,810

Gross Pay

Real Wage (Purchasing Power)

$139,810

Adjusted for COL (100)

The average annual salary of $139,810 in Albany-Schenectady-Troy, NY, is particularly noteworthy given the local Cost of Living Index of 100, which is precisely the national average. This alignment means that the nominal salary translates directly into purchasing power equivalent to the national standard, making the region an attractive location for management professionals seeking stable financial footing.

Job Market Context

29,110

Total Jobs

65.718

Per 1K Jobs

0.92

Location Quotient

Below Average

Albany-Schenectady-Troy, NY has 0.92x the national average concentration of Management Occupations 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 0.92, the Albany-Schenectady-Troy metropolitan area demonstrates a management occupations market that is closely aligned with national employment patterns. This indicates a healthy and balanced job market where demand for management professionals is consistent with the overall U.S. landscape, suggesting moderate competition and ample opportunities for qualified candidates.

Nearby Job Markets

Nearby Cities for Management Occupations

CitySalaryDist.
Pittsfield, MA Management Occupations Salary$128,240↓ 8%31 mi
Glens Falls, NY Management Occupations Salary$131,470↓ 6%45 mi
Kingston, NY Management Occupations Salary$124,180↓ 11%52 mi
Southwest New York nonmetropolitan area Management Occupations Salary$122,660↓ 12%68 mi
Central East New York nonmetropolitan area Management Occupations Salary$124,470↓ 11%68 mi

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring Management Occupationss?

Frequently Asked Questions

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

The median annual salary for a Management Occupations in Albany-Schenectady-Troy, NY is $139,810. This typically ranges from $63,410 for entry-level positions to $223,380 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 2.9% lower than the national median of $143,930.

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

Yes, it is a financially stable location for Management Occupations.The average salary of $139,810 is competitive, especially since the local cost of living matches the national average. This indicates strong purchasing power for management professionals in the region.

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

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 ($128,240) and Glens Falls, NY.

How does the Albany-Schenectady-Troy management salary compare to the national average?

The average salary for Management Occupations in Albany-Schenectady-Troy is $139,810, which is slightly lower than the national average of $143,930.

What is the significance of the Location Quotient (LQ) for management roles in this area?

An LQ of 0.92 suggests that management occupations are slightly less concentrated in Albany-Schenectady-Troy compared to the national average, indicating a market that is neither oversaturated nor unusually scarce.

How does the cost of living affect the perceived value of the management salary?

With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $139,810 salary offers purchasing power equivalent to the national median, making it a fair compensation.

What does the total local workforce size imply for management job seekers?

A total local workforce of 29,110 in management occupations indicates a significant presence and a robust job market, offering a good number of opportunities for professionals in this field.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 29,110 employees in the Albany-Schenectady-Troy, NY area with a job density of 65.718 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Albany-Schenectady-Troy, NY

Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY