SalaryNode

Average Medical Secretaries and Administrative Assistants Salary in Binghamton, NY

In Binghamton, NY, Medical Secretaries and Administrative Assistants earn an average annual salary of $42,080. This figure is slightly below the national average of $45,380, reflecting localized economic conditions and demand within the region. The specific pay rates in Binghamton are influenced by the local job market dynamics and the overall economic landscape of New York State.

Executive Summary

  • Average Salary: $42,080 per year.
  • Growth Trend: Salaries have shifted 28.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,360.
  • Outlook: Binghamton supports a dedicated workforce of 480 Medical Secretaries and Administrative Assistants, indicating a stable presence in the local job market. With a Location Quotient of 0.92, the concentration of these roles is nearly on par with the national average, suggesting a consistent, albeit not exceptionally high, demand for these administrative professionals within the area.
2024 Market Data

Salary Overview

$42,080

The average Medical Secretaries and Administrative Assistants in Binghamton, NY earns-7.3%below the national average.

BreakdownBased on 40h/week
Hourly

$20.2

Weekly

$809

Monthly

$3,507

Medical Secretaries and Administrative Assistants Salary Distribution in Binghamton, NY

Career progression for Medical Secretaries and Administrative Assistants in Binghamton typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average, often reaching into higher percentiles, signifying substantial career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,590$17.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,560$15.2
ManagerOversees team, compliance, and project delivery.50% (Median)$39,870$19.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,600$25.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$47,360$22.8

Detailed Medical Secretaries and Administrative Assistants Market Analysis

Relocation Context

Nominal Salary

$42,080

Gross Pay

Real Wage (Purchasing Power)

$42,080

Adjusted for COL (100)

The average annual salary of $42,080 in Binghamton aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a Medical Secretary's salary in Binghamton is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services in the area.

Job Market Context

480

Total Jobs

4.93

Per 1K Jobs

0.92

Location Quotient

Below Average

Binghamton, NY has 0.92x the national average concentration of Medical Secretaries and Administrative Assistants 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, Binghamton's market for Medical Secretaries and Administrative Assistants is closely aligned with the national average in terms of job concentration. This suggests a balanced job market where the number of professionals in this field is neither significantly oversupplied nor undersupplied relative to the national distribution, indicating moderate competition and availability.

Nearby Job Markets

Frequently Asked Questions

How much does a Medical Secretaries and Administrative Assistants make in Binghamton, NY?

The median annual salary for a Medical Secretaries and Administrative Assistants in Binghamton, NY is $42,080. This typically ranges from $36,590 for entry-level positions to $47,360 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 7.3% lower than the national median of $45,380.

Is Binghamton, NY a lucrative place for Medical Secretaries and Administrative Assistants?

No, Binghamton, NY is not considered a particularly lucrative place for Medical Secretaries and Administrative Assistants.The average salary of $42,080 is below the national average, and while the cost of living is also at the national average, there isn't a significant financial advantage to working in this role in Binghamton compared to other areas.

Is Binghamton, NY a good place to live for Medical Secretaries and Administrative Assistants?

The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Ithaca, NY ($45,130) and Elmira, NY.

How does the number of jobs per 1,000 workers compare nationally?

With 4.93 jobs per 1,000 workers, Binghamton's rate for Medical Secretaries and Administrative Assistants is slightly below the national average, indicating a moderate level of employment opportunities in this sector.

What is the total number of Medical Secretaries and Administrative Assistants in Binghamton?

There are approximately 480 Medical Secretaries and Administrative Assistants employed in Binghamton, NY, forming a stable segment of the local administrative workforce.

Does experience significantly impact salary for this role in Binghamton?

Yes, experience is a key factor in salary determination. Senior Medical Secretaries and Administrative Assistants with extensive backgrounds can expect to earn considerably more than the average salary, reflecting their value and expertise.

How does Binghamton's job market for this role compare to the national average in terms of concentration?

Binghamton's Location Quotient of 0.92 indicates that the concentration of Medical Secretaries and Administrative Assistants is very close to the national average, suggesting a comparable presence of these roles within the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 480 employees in the Binghamton, NY area with a job density of 4.93 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.