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Average Operations Research Analysts Salary in Albany-Schenectady-Troy, NY

Operations Research Analysts in the Albany-Schenectady-Troy, NY area earn an average annual salary of $81,670. This figure is notably below the national average of $99,860, suggesting that local market dynamics, such as industry demand and the cost of doing business, play a significant role in compensation levels within this region.

Executive Summary

  • Average Salary: $81,670 per year.
  • Growth Trend: Salaries have shifted 3.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $112,690.
  • Outlook: The Albany-Schenectady-Troy region supports a dedicated workforce of 380 Operations Research Analysts. With a Location Quotient of 1.22, indicating a concentration slightly above the national average, the job market demonstrates a stable, albeit not rapidly expanding, demand for these analytical professionals. The presence of nearly one analyst per thousand workers suggests a consistent need for their specialized skills within the local economy.
2024 Market Data

Salary Overview

$81,670

The average Operations Research Analysts in Albany-Schenectady-Troy, NY earns-18.2%below the national average.

BreakdownBased on 40h/week
Hourly

$39.3

Weekly

$1,571

Monthly

$6,806

Operations Research Analysts Salary Distribution in Albany-Schenectady-Troy, NY

The career trajectory for Operations Research Analysts typically involves significant salary progression with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with advanced degrees and a proven track record can command salaries in the higher percentiles. The widening gap between starting and senior salaries reflects the increasing value placed on expertise and strategic problem-solving capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$45,070$21.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$61,253$29.4
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$82,000$39.4
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$102,088$49.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$112,690$54.2

Detailed Operations Research Analysts Market Analysis

Relocation Context

Nominal Salary

$81,670

Gross Pay

Real Wage (Purchasing Power)

$81,670

Adjusted for COL (100)

The average annual salary of $81,670 for Operations Research Analysts in Albany-Schenectady-Troy aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial standing for residents without the added burden of higher living expenses.

Job Market Context

380

Total Jobs

0.854

Per 1K Jobs

1.22

Location Quotient

Above Average

With a location quotient of 1.22, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Operations Research Analysts roles compared to the national norm.

A Location Quotient of 1.22 signifies that Operations Research Analysts are 22% more concentrated in the Albany-Schenectady-Troy area than the national average. This suggests a slightly more robust job market for these specialists compared to other professions nationwide, indicating a healthy demand and a competitive environment for talent within the region.

Nearby Job Markets

Hiring Operations Research Analystss?

Frequently Asked Questions

How much does a Operations Research Analysts make in Albany-Schenectady-Troy, NY?

The median annual salary for a Operations Research Analysts in Albany-Schenectady-Troy, NY is $81,670. This typically ranges from $45,070 for entry-level positions to $112,690 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 18.2% lower than the national median of $99,860.

Is Albany-Schenectady-Troy, NY a lucrative place for Operations Research Analysts?

No, but it offers good value.While the average salary of $81,670 is below the national average, the cost of living is also at the national average, meaning your earnings have equivalent purchasing power.

Is Albany-Schenectady-Troy, NY a good place to live for Operations Research Analysts?

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 Albany-Schenectady-Troy salary compare to the national average?

The average salary for Operations Research Analysts in Albany-Schenectady-Troy is $81,670, which is lower than the national average of $99,860.

What is the concentration of Operations Research Analysts in this area?

The concentration, measured by the Location Quotient, is 1.22, indicating a slightly higher presence of these professionals compared to the national average.

How does the cost of living affect the salary?

The cost of living in Albany-Schenectady-Troy is exactly at the national average (100), meaning the $81,670 salary has the same purchasing power as the national average salary.

What is the total number of Operations Research Analysts in the region?

There are approximately 380 Operations Research Analysts employed in the Albany-Schenectady-Troy metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.854 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Albany-Schenectady-Troy, NY

Semantic Salary Analysis for Operations Research Analysts • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY