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Average Miscellaneous Assemblers and Fabricators Salary in Albany-Schenectady-Troy, NY

In Albany-Schenectady-Troy, NY, Miscellaneous Assemblers and Fabricators earn an average annual salary of $44,710. This figure is remarkably close to the national average of $44,850, indicating a stable compensation landscape for this role within the region. Local economic factors and industry demand in the Capital District play a significant role in aligning these wages with national benchmarks.

Executive Summary

  • Average Salary: $44,710 per year.
  • Growth Trend: Salaries have shifted 26.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,720.
  • Outlook: The job market for Miscellaneous Assemblers and Fabricators in Albany-Schenectady-Troy, NY, shows a moderate presence, with a total local workforce of 1,450 individuals. The Location Quotient of 0.35 suggests that this profession is less concentrated here compared to the national average, implying a potentially less saturated but still present demand for these skilled workers within the region's manufacturing and industrial sectors.
2024 Market Data

Salary Overview

$44,710

The average Miscellaneous Assemblers and Fabricators in Albany-Schenectady-Troy, NY earns-0.3%below the national average.

BreakdownBased on 40h/week
Hourly

$21.5

Weekly

$860

Monthly

$3,726

Miscellaneous Assemblers and Fabricators Salary Distribution in Albany-Schenectady-Troy, NY

Experience is a key driver in salary progression for Miscellaneous Assemblers and Fabricators. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential as one accumulates expertise and takes on more complex responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$33,560$16.1
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$33,533$16.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$40,520$19.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$55,888$26.9
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$60,720$29.2

Detailed Miscellaneous Assemblers and Fabricators Market Analysis

Relocation Context

Nominal Salary

$44,710

Gross Pay

Real Wage (Purchasing Power)

$44,710

Adjusted for COL (100)

The average annual salary of $44,710 in Albany-Schenectady-Troy, NY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal income earned by a Miscellaneous Assembler and Fabricator in this region holds its purchasing power directly in line with the rest of the country, suggesting a balanced economic environment where wages effectively meet the cost of everyday expenses.

Job Market Context

1,450

Total Jobs

3.263

Per 1K Jobs

0.35

Location Quotient

Low Concentration

At 0.35x, Albany-Schenectady-Troy, NY has a notably lower concentration of Miscellaneous Assemblers and Fabricators jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.35, the Albany-Schenectady-Troy, NY, market for Miscellaneous Assemblers and Fabricators is less concentrated than the national average. This suggests that while the profession is present, it is not a dominant industry sector within the region. This could translate to fewer job openings compared to more concentrated areas, but also potentially less competition for skilled individuals seeking employment.

Nearby Job Markets

Hiring Miscellaneous Assemblers and Fabricatorss?

Frequently Asked Questions

How much does a Miscellaneous Assemblers and Fabricators make in Albany-Schenectady-Troy, NY?

The median annual salary for a Miscellaneous Assemblers and Fabricators in Albany-Schenectady-Troy, NY is $44,710. This typically ranges from $33,560 for entry-level positions to $60,720 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 0.3% lower than the national median of $44,850.

Is Albany-Schenectady-Troy, NY a lucrative place for Miscellaneous Assemblers and Fabricatorss?

No, not significantly more lucrative than the national average.The average salary of $44,710 is nearly identical to the national average of $44,850, and the cost of living is also at the national average. This indicates standard earning potential rather than exceptional lucrativeness.

Is Albany-Schenectady-Troy, NY a good place to live for Miscellaneous Assemblers and Fabricators?

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 ($44,010) and Glens Falls, NY.

How does the local workforce size affect job prospects?

A local workforce of 1,450 for Miscellaneous Assemblers and Fabricators suggests a stable, albeit not massive, employment base. This size indicates consistent opportunities but perhaps fewer than in larger industrial hubs.

What does a Location Quotient of 0.35 mean for job seekers?

A Location Quotient of 0.35 signifies that this profession is less common in Albany-Schenectady-Troy, NY, compared to the national average. Job seekers might face less competition but also potentially fewer specialized roles.

How does the cost of living impact the $44,710 salary?

With a Cost of Living Index of 100, the $44,710 salary provides purchasing power equivalent to the national average. This means the salary is neither significantly strained nor exceptionally comfortable relative to typical expenses.

Are there many jobs per 1,000 workers for this role in Albany?

With 3.263 jobs per 1,000 workers, this role represents a small but consistent segment of the local employment landscape in Albany-Schenectady-Troy, NY.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,450 employees in the Albany-Schenectady-Troy, NY area with a job density of 3.263 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.