Average Natural Sciences Managers Salary in Albany-Schenectady-Troy, NY
Natural Sciences Managers in the Albany-Schenectady-Troy, NY area earn an average annual salary of $164,110. This figure is notably below the national average of $185,920, suggesting that while the role is present, local market dynamics or industry concentrations may influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $164,110 per year.
- Growth Trend: Salaries have shifted 17.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $224,440.
- Outlook: With a local workforce of 290 Natural Sciences Managers and a Location Quotient of 1.01, the job market in Albany-Schenectady-Troy exhibits a concentration very close to the national average. This indicates a stable, albeit not exceptionally high, demand for these professionals, suggesting a consistent need for their expertise within the region's scientific and research sectors.
Salary Overview
The average Natural Sciences Managers in Albany-Schenectady-Troy, NY earns-11.7%below the national average.
$78.9
$3,156
$13,676
Natural Sciences Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Natural Sciences Managers have seen a steady upward trend over the past four years, mirroring broader economic growth and increasing demand for specialized scientific leadership. This growth is likely driven by advancements in research, development, and the increasing complexity of scientific endeavors across various industries.
Natural Sciences Managers Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for Natural Sciences Managers typically scales significantly with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive research, management, and project leadership experience can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects the accumulated expertise, strategic oversight, and proven track record expected of experienced managers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $94,720 | $45.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $123,083 | $59.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $149,000 | $71.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $205,138 | $98.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $224,440 | $107.9 |
Detailed Natural Sciences Managers Market Analysis
Relocation Context
Nominal Salary
$164,110
Gross Pay
Real Wage (Purchasing Power)
$164,110
Adjusted for COL (100)
The average annual salary of $164,110 in Albany-Schenectady-Troy aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Natural Sciences Manager's salary in this region is equivalent to the national average, offering a balanced financial landscape where nominal earnings translate directly to real-world affordability.
Job Market Context
290
Total Jobs
0.662
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Natural Sciences Managers roles compared to the national norm.
The Location Quotient of 1.01 for Natural Sciences Managers in Albany-Schenectady-Troy signifies a job market that is almost perfectly aligned with the national average in terms of concentration. This suggests that the region offers a competitive yet stable environment for these professionals, with opportunities available but without an overwhelming surplus or scarcity of talent compared to the rest of the country.
Nearby Job Markets
Nearby Cities for Natural Sciences Managers
| City | Salary | Dist. |
|---|---|---|
| Southwest New York nonmetropolitan area Natural Sciences Managers Salary | $161,070↓ 2% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Natural Sciences Managerss?
Frequently Asked Questions
How much does a Natural Sciences Managers make in Albany-Schenectady-Troy, NY?
The median annual salary for a Natural Sciences Managers in Albany-Schenectady-Troy, NY is $164,110. This typically ranges from $94,720 for entry-level positions to $224,440 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 11.7% lower than the national median of $185,920.
Is Albany-Schenectady-Troy, NY a lucrative place for Natural Sciences Managers?
No, it is not exceptionally lucrative compared to the national average.While the average salary of $164,110 is substantial, it falls below the national average of $185,920. However, the cost of living is also at the national average, meaning the salary's purchasing power is standard.
Is Albany-Schenectady-Troy, NY a good place to live for Natural Sciences Managers?
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 Southwest New York nonmetropolitan area ($161,070) and others.
What is the average salary for a Natural Sciences Manager in Albany-Schenectady-Troy, NY?
The average annual salary for a Natural Sciences Manager in the Albany-Schenectady-Troy, NY area is $164,110.
How does the Albany-Schenectady-Troy salary compare to the national average?
The average salary in Albany-Schenectady-Troy ($164,110) is lower than the national average of $185,920 for Natural Sciences Managers.
What is the cost of living in Albany-Schenectady-Troy, NY?
The cost of living in Albany-Schenectady-Troy, NY is exactly at the national average, indicated by a Cost of Living Index of 100.
How concentrated is the job market for Natural Sciences Managers in this region?
The job market is slightly more concentrated than the national average, with a Location Quotient of 1.01, indicating a stable presence of these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.662 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Natural Sciences Managers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY