SalaryNode

Average Physical Scientists, All Other Salary in New York

Physical Scientists, All Other in New York earn an average annual salary of $120,040, which is below the national average of $138,050. This regional disparity is often influenced by the state's unique economic landscape, industry demands, and the concentration of specialized research institutions that may shape compensation benchmarks.

Executive Summary

  • Average Salary: $120,040 per year.
  • Growth Trend: Salaries have shifted 14.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $177,050.
  • Outlook: With a local workforce of 1,600 individuals in this specialized field, the presence of Physical Scientists, All Other in New York is notable. The Location Quotient of 1.15 suggests a slightly higher concentration of these professionals compared to the national average, indicating a stable and potentially growing demand for their expertise within the state's economy.
2024 Market Data

Salary Overview

$120,040

The average Physical Scientists, All Other in New York earns-13.0%below the national average.

BreakdownBased on 40h/week
Hourly

$57.7

Weekly

$2,308

Monthly

$10,003

Physical Scientists, All Other Salary Distribution in New York

Salary progression for Physical Scientists, All Other typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while senior scientists with extensive research, project management, and publication records can command salaries in the upper percentiles, reflecting their accumulated expertise and contributions.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$65,260$31.4
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$90,030$43.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$114,430$55
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$150,050$72.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$177,050$85.1

Detailed Physical Scientists, All Other Market Analysis

Relocation Context

Nominal Salary

$120,040

Gross Pay

Real Wage (Purchasing Power)

$95,955

Adjusted for COL (125.1)

While the nominal average salary in New York stands at $120,040, the state's Cost of Living Index of 125.1 means that this income is worth approximately 20% less than the national average in terms of purchasing power. Prospective professionals should carefully consider this when evaluating the true financial implications of working in New York.

Job Market Context

1,600

Total Jobs

0.168

Per 1K Jobs

1.15

Location Quotient

Above Average

With a location quotient of 1.15, New York has a slightly higher-than-average concentration of Physical Scientists, All Other roles compared to the national norm.

The Location Quotient of 1.15 indicates that New York has a slightly higher concentration of Physical Scientists, All Other than the national average. This suggests a moderately competitive market where employers may have access to a good pool of talent, but specialized skills are still valued.

Nearby Job Markets

Nearby Cities for Physical Scientists, All Other

CitySalaryDist.
Albany-Schenectady-Troy, NY Physical Scientists, All Other Salary$103,990↓ 13%68 mi

Comparing salaries near New York

Hiring Physical Scientists, All Others?

Frequently Asked Questions

How much does a Physical Scientists, All Other make in New York?

The median annual salary for a Physical Scientists, All Other in New York is $120,040. This typically ranges from $65,260 for entry-level positions to $177,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 13.0% lower than the national median of $138,050.

Is New York a lucrative place for Physical Scientists, All Others?

Yes, but with caveats.New York offers a substantial average salary of $120,040, though it falls short of the national average. However, the high cost of living requires careful financial planning to maximize its lucrativeness.

Is New York a good place to live for Physical Scientists, All Others?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York?

Some top paying nearby cities include Albany-Schenectady-Troy, NY ($103,990) and others.

How does the New York salary compare to the national average?

The average salary for Physical Scientists, All Other in New York is $120,040, which is $18,010 less than the national average of $138,050.

What is the concentration of Physical Scientists, All Other in New York?

New York has a Location Quotient of 1.15 for this role, indicating a slightly higher concentration of these professionals than the national average.

How many Physical Scientists, All Other work in New York?

There are approximately 1,600 Physical Scientists, All Other employed in New York State.

How does the cost of living affect the salary in New York?

With a Cost of Living Index of 125.1, the $120,040 salary in New York has less purchasing power compared to the national average, due to expenses being about 25% higher.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,600 employees in the New York area with a job density of 0.168 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Physical Scientists, All Other • Data source: BLS OEWS 2024 •Jobs in New York