Average Managers, All Other Salary in Albany-Schenectady-Troy, NY
Managers, All Other in the Albany-Schenectady-Troy, NY area earn an average annual salary of $126,920. This figure is notably below the national average of $155,520, suggesting that local market dynamics and potentially a different industry mix influence compensation in this region. While the nominal salary is substantial, understanding its local purchasing power is key.
Executive Summary
- Average Salary: $126,920 per year.
- Growth Trend: Salaries have shifted 18.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $181,320.
- Outlook: The Albany-Schenectady-Troy region supports a local workforce of 1,020 individuals in 'Managers, All Other' roles, representing 2.298 jobs per 1,000 workers. The Location Quotient of 0.56 indicates that this profession is less concentrated here compared to the national average. This suggests a moderate demand, with opportunities present but not overwhelmingly abundant, offering a stable yet competitive job market for these managers.
Salary Overview
The average Managers, All Other in Albany-Schenectady-Troy, NY earns-18.4%below the national average.
$61
$2,441
$10,577
Managers, All Other Salary Trends (2020-2024)
While specific historical data for this precise role in Albany-Schenectady-Troy isn't provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for managerial expertise, and evolving industry landscapes likely contribute to a gradual upward trajectory in compensation for 'Managers, All Other' within the region.
Managers, All Other Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for 'Managers, All Other' typically scales significantly with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive leadership experience and specialized skills can command salaries well into the higher percentiles. The widening gap between entry-level and senior-level salaries signifies clear career advancement opportunities and the increasing value placed on accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $73,900 | $35.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $95,190 | $45.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $114,430 | $55 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $158,650 | $76.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $181,320 | $87.2 |
Detailed Managers, All Other Market Analysis
Relocation Context
Nominal Salary
$126,920
Gross Pay
Real Wage (Purchasing Power)
$126,920
Adjusted for COL (100)
The average annual salary of $126,920 in Albany-Schenectady-Troy aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a manager's salary in this area is equivalent to the national average. While the salary is lower than the national average for this role, the cost of living parity suggests that the take-home pay should maintain a comparable standard of living.
Job Market Context
1,020
Total Jobs
2.298
Per 1K Jobs
0.56
Location Quotient
Albany-Schenectady-Troy, NY has 0.56x the national average concentration of Managers, All Other 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 0.56, the Albany-Schenectady-Troy metropolitan area has a lower concentration of 'Managers, All Other' compared to the national average. This suggests that while the role exists and is filled by a local workforce of 1,020, it is not a primary hub for this specific management category. Consequently, the job market might be less saturated with candidates, potentially offering a slight advantage to skilled individuals seeking employment.
Nearby Job Markets
Nearby Cities for Managers, All Other
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Managers, All Other Salary | $148,820↑ 17% | 31 mi |
| Glens Falls, NY Managers, All Other Salary | $127,300↑ 0% | 45 mi |
| Kingston, NY Managers, All Other Salary | $112,100↓ 12% | 52 mi |
| Southwest New York nonmetropolitan area Managers, All Other Salary | $139,630↑ 10% | 68 mi |
| Central East New York nonmetropolitan area Managers, All Other Salary | $126,110↓ 1% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Managers, All Others?
Frequently Asked Questions
How much does a Managers, All Other make in Albany-Schenectady-Troy, NY?
The median annual salary for a Managers, All Other in Albany-Schenectady-Troy, NY is $126,920. This typically ranges from $73,900 for entry-level positions to $181,320 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 18.4% lower than the national median of $155,520.
Is Albany-Schenectady-Troy, NY a lucrative place for Managers, All Others?
No, not compared to the national average.While the average salary of $126,920 is substantial, it falls below the national average of $155,520 for 'Managers, All Other'. However, the cost of living is at the national average, meaning the salary's purchasing power is equivalent.
Is Albany-Schenectady-Troy, NY a good place to live for Managers, All Others?
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 ($148,820) and Glens Falls, NY.
How does the local workforce size impact job prospects for Managers, All Other in Albany?
The local workforce of 1,020 'Managers, All Other' indicates a stable presence of these roles. While not a massive concentration, it suggests consistent opportunities exist within the region's economic structure.
What does a Location Quotient of 0.56 mean for this job title in Albany?
A Location Quotient of 0.56 signifies that 'Managers, All Other' are less concentrated in Albany-Schenectady-Troy than the national average. This implies fewer specialized roles or a broader distribution of management functions across different industries locally.
How does the cost of living in Albany compare to the national average?
Albany-Schenectady-Troy has a Cost of Living Index of 100, which is exactly the national average. This means that the general expenses for housing, utilities, groceries, and transportation are on par with the rest of the country.
Are there many 'Managers, All Other' jobs per capita in Albany?
With 2.298 jobs per 1,000 workers, Albany-Schenectady-Troy has a moderate number of 'Managers, All Other' roles relative to its population, aligning with the national trend for this specific job category.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,020 employees in the Albany-Schenectady-Troy, NY area with a job density of 2.298 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Managers, All Other • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY