Average Physical Scientists, All Other Salary in Albany-Schenectady-Troy, NY
Physical Scientists, All Other in the Albany-Schenectady-Troy, NY area earn an average annual salary of $103,990. This figure is notably below the national average of $138,050, suggesting that local market dynamics and potentially a different industry focus influence compensation in this region. The specific economic landscape of Albany-Schenectady-Troy likely plays a significant role in shaping these salary expectations for this specialized scientific field.
Executive Summary
- Average Salary: $103,990 per year.
- Growth Trend: Salaries have shifted 4.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $150,600.
- Outlook: The Albany-Schenectady-Troy region supports a local workforce of 690 Physical Scientists, All Other, indicating a stable, albeit not overwhelmingly large, segment of the employment market. With a jobs-per-1,000-workers ratio of 1.564, the presence of these professionals is more concentrated than the national average, suggesting a consistent demand for their specialized skills within the area's economic structure.
Salary Overview
The average Physical Scientists, All Other in Albany-Schenectady-Troy, NY earns-24.7%below the national average.
$50
$2,000
$8,666
Physical Scientists, All Other Salary Trends (2020-2024)
While specific historical data for this niche role in Albany-Schenectady-Troy is not provided, it is generally assumed that salaries for Physical Scientists, All Other have experienced steady growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is typically driven by increasing demand for scientific expertise, advancements in research and development, and the need for skilled professionals across various industries.
Physical Scientists, All Other Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for Physical Scientists, All Other in Albany-Schenectady-Troy, NY, typically scales significantly with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries in the higher percentiles. The widening gap between entry-level and senior-level compensation underscores the value placed on accumulated knowledge, specialized skills, and leadership capabilities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $65,260 | $31.4 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $77,993 | $37.5 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $98,240 | $47.2 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $129,988 | $62.5 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $150,600 | $72.4 |
Detailed Physical Scientists, All Other Market Analysis
Relocation Context
Nominal Salary
$103,990
Gross Pay
Real Wage (Purchasing Power)
$103,990
Adjusted for COL (100)
The nominal average salary of $103,990 in Albany-Schenectady-Troy, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Physical Scientist's salary in this region is equivalent to that of a scientist in a typical U.S. location. Therefore, relocating to Albany-Schenectady-Troy for this role does not present a significant advantage or disadvantage in terms of overall cost of living relative to income.
Job Market Context
690
Total Jobs
1.564
Per 1K Jobs
10.68
Location Quotient
Albany-Schenectady-Troy, NY has 10.7x the national concentration of Physical Scientists, All Other jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 10.68, the Albany-Schenectady-Troy metropolitan area exhibits a significantly higher concentration of Physical Scientists, All Other compared to the national average. This robust concentration indicates a specialized and potentially thriving job market for these professionals, suggesting that local industries have a strong demand for their expertise, making it a more prominent sector within the regional economy than it is nationally.
Nearby Job Markets
Hiring Physical Scientists, All Others?
Frequently Asked Questions
How much does a Physical Scientists, All Other make in Albany-Schenectady-Troy, NY?
The median annual salary for a Physical Scientists, All Other in Albany-Schenectady-Troy, NY is $103,990. This typically ranges from $65,260 for entry-level positions to $150,600 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 24.7% lower than the national median of $138,050.
Is Albany-Schenectady-Troy, NY a lucrative place for Physical Scientists, All Others?
No, not when compared to the national average salary.While the average salary of $103,990 is substantial, it falls considerably short of the national average of $138,050. However, the cost of living is on par with the national average, making the salary's purchasing power comparable.
Is Albany-Schenectady-Troy, NY a good place to live for Physical Scientists, All Others?
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 local salary compare to the national average?
The average annual salary for Physical Scientists, All Other in Albany-Schenectady-Troy, NY is $103,990, which is lower than the national average of $138,050.
What is the concentration of Physical Scientists, All Other in Albany-Schenectady-Troy, NY?
The region has a Location Quotient of 10.68, indicating that Physical Scientists, All Other are more than ten times more concentrated in this area than the national average.
How does the cost of living affect the salary in Albany-Schenectady-Troy, NY?
The Cost of Living Index is 100, meaning it is exactly average. Therefore, the $103,990 salary has the same purchasing power as the national average salary in a typical U.S. location.
What is the total number of Physical Scientists, All Other in the local workforce?
There are approximately 690 Physical Scientists, All Other employed within the Albany-Schenectady-Troy, NY 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 690 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.564 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physical Scientists, All Other • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY