Average Materials Scientists Salary in Albany-Schenectady-Troy, NY
Materials Scientists in Albany-Schenectady-Troy, NY, command an impressive average annual salary of $132,030. This figure significantly outpaces the national average of $113,300, suggesting that specialized demand or unique industry factors within the region contribute to this elevated compensation. The concentration of this role in the area plays a key part in driving these higher pay rates.
Executive Summary
- Average Salary: $132,030 per year.
- Growth Trend: Salaries have shifted 46.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $167,540.
- Outlook: The local job market for Materials Scientists in Albany-Schenectady-Troy, NY, appears robust, evidenced by a substantial total local workforce of 210 individuals. The exceptionally high Location Quotient of 8.66 indicates a significantly higher concentration of these professionals compared to the national average, signaling strong local demand and a specialized industry presence.
Salary Overview
The average Materials Scientists in Albany-Schenectady-Troy, NY earns+16.5%above the national average.
$63.5
$2,539
$11,003
Materials Scientists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Materials Scientists in Albany-Schenectady-Troy, NY, have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for advanced materials, and technological advancements likely contribute to a steady upward trajectory in compensation for this specialized field.
Materials Scientists Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for Materials Scientists is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive expertise and a proven track record can command significantly higher salaries. The substantial percentile gaps observed in salary distributions reflect this career ladder, rewarding accumulated knowledge and specialized skills.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $83,620 | $40.2 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $99,023 | $47.6 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $126,950 | $61 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $165,038 | $79.3 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $167,540 | $80.5 |
Detailed Materials Scientists Market Analysis
Relocation Context
Nominal Salary
$132,030
Gross Pay
Real Wage (Purchasing Power)
$132,030
Adjusted for COL (100)
An average annual salary of $132,030 in Albany-Schenectady-Troy, NY, is particularly attractive given the local Cost of Living Index is exactly at the national average of 100. This means that the higher nominal earnings translate directly into strong purchasing power, allowing professionals in this field to maintain a comparable or even improved standard of living compared to their counterparts in higher-cost regions.
Job Market Context
210
Total Jobs
0.468
Per 1K Jobs
8.66
Location Quotient
Albany-Schenectady-Troy, NY has 8.7x the national concentration of Materials Scientists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 8.66 for Materials Scientists in Albany-Schenectady-Troy, NY, is exceptionally high, indicating a market that is over 8.5 times more concentrated than the national average. This suggests a deep pool of specialized talent and a significant industry presence, making it a prime location for both hiring and career opportunities within this field.
Nearby Job Markets
Hiring Materials Scientistss?
Frequently Asked Questions
How much does a Materials Scientists make in Albany-Schenectady-Troy, NY?
The median annual salary for a Materials Scientists in Albany-Schenectady-Troy, NY is $132,030. This typically ranges from $83,620 for entry-level positions to $167,540 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 16.5% higher than the national median of $113,300.
Is Albany-Schenectady-Troy, NY a lucrative place for Materials Scientists?
Yes, it is a highly lucrative place for Materials Scientists.The average salary of $132,030 is substantially higher than the national average, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Albany-Schenectady-Troy, NY a good place to live for Materials Scientists?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
How does the Materials Scientist job market compare nationally?
With a Location Quotient of 8.66, Albany-Schenectady-Troy, NY, has a significantly higher concentration of Materials Scientists than the national average, indicating a robust local demand.
What is the average salary for a Materials Scientist in this region?
The average annual salary for a Materials Scientist in Albany-Schenectady-Troy, NY, is $132,030, which is considerably higher than the national average.
How does the cost of living affect the Materials Scientist salary in Albany?
The cost of living in Albany-Schenectady-Troy, NY, is at the national average (100), meaning the higher salary of $132,030 offers strong real purchasing power.
What does the total local workforce number imply for Materials Scientists?
A local workforce of 210 Materials Scientists suggests a well-established and concentrated professional community within the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.468 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Materials Scientists • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY