Average Operating Engineers and Other Construction Equipment Operators Salary in Binghamton, NY
Operating Engineers and Other Construction Equipment Operators in Binghamton, NY, command an impressive average annual salary of $83,180. This figure significantly surpasses the national average of $66,680, indicating a strong local demand or specialized skill requirements that drive higher compensation in the region. The economic landscape of Binghamton appears to favor these skilled professionals.
Executive Summary
- Average Salary: $83,180 per year.
- Growth Trend: Salaries have shifted 7.7% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $139,360.
- Outlook: With a local workforce of 270 Operating Engineers and Other Construction Equipment Operators, Binghamton presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.94 suggests that the concentration of these roles is nearly on par with the national average, implying a steady demand that aligns with broader industry trends. The presence of 2.849 jobs per 1,000 workers further underscores a consistent need for these essential construction roles.
Salary Overview
The average Operating Engineers and Other Construction Equipment Operators in Binghamton, NY earns+24.7%above the national average.
$40
$1,600
$6,932
Operating Engineers and Other Construction Equipment Operators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Operating Engineers and Other Construction Equipment Operators in Binghamton have experienced a positive growth trajectory over the past four years, mirroring national trends of increasing wages in skilled trades. This upward movement is likely driven by inflation, increased project scopes, and a sustained demand for infrastructure development and maintenance.
Operating Engineers and Other Construction Equipment Operators Salary Distribution in Binghamton, NY
Career progression for Operating Engineers and Other Construction Equipment Operators in Binghamton is typically marked by a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized certifications and extensive experience can command salaries well above the average. The percentile gaps in earnings clearly signify the value placed on expertise and tenure within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $47,130 | $22.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $62,385 | $30 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $73,740 | $35.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $103,975 | $50 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $139,360 | $67 |
Detailed Operating Engineers and Other Construction Equipment Operators Market Analysis
Relocation Context
Nominal Salary
$83,180
Gross Pay
Real Wage (Purchasing Power)
$83,180
Adjusted for COL (100)
The average annual salary of $83,180 in Binghamton, NY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Operating Engineer's salary in Binghamton is equivalent to the national average, offering a stable financial standing without the added pressure of a higher cost of living.
Job Market Context
270
Total Jobs
2.849
Per 1K Jobs
0.94
Location Quotient
Binghamton, NY has 0.94x the national average concentration of Operating Engineers and Other Construction Equipment Operators jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.94 for Operating Engineers and Other Construction Equipment Operators in Binghamton indicates a job market that is closely aligned with the national average in terms of concentration. This suggests a competitive but accessible market, where the number of available professionals is proportionate to the demand, offering good opportunities for skilled individuals without being overly saturated.
Nearby Job Markets
Nearby Cities for Operating Engineers and Other Construction Equipment Operators
Comparing salaries near Binghamton, NY
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Frequently Asked Questions
How much does a Operating Engineers and Other Construction Equipment Operators make in Binghamton, NY?
The median annual salary for a Operating Engineers and Other Construction Equipment Operators in Binghamton, NY is $83,180. This typically ranges from $47,130 for entry-level positions to $139,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 24.7% higher than the national median of $66,680.
Is Binghamton, NY a lucrative place for Operating Engineers and Other Construction Equipment Operatorss?
Yes, Binghamton, NY offers lucrative opportunities for Operating Engineers and Other Construction Equipment Operators.The average salary of $83,180 significantly exceeds the national average, and the cost of living remains at the national benchmark, providing strong purchasing power.
Is Binghamton, NY a good place to live for Operating Engineers and Other Construction Equipment Operators?
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 ($59,400) and Elmira, NY.
How does Binghamton's salary for this role compare to the national average?
Operating Engineers and Other Construction Equipment Operators in Binghamton earn an average of $83,180 annually, which is substantially higher than the national average of $66,680.
What is the cost of living in Binghamton, NY for these professionals?
The cost of living in Binghamton, NY is at the national average, indicated by an index of 100. This means your salary has average purchasing power compared to the rest of the country.
How concentrated is the job market for Operating Engineers in Binghamton?
The job market concentration, measured by a Location Quotient of 0.94, is very close to the national average, suggesting a balanced supply and demand for these roles.
What does the number of jobs per 1,000 workers suggest about the market?
With 2.849 jobs per 1,000 workers, Binghamton shows a steady presence of Operating Engineer roles, indicating consistent employment opportunities within the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Binghamton, NY area with a job density of 2.849 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Operating Engineers and Other Construction Equipment Operators • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY