Average Physician Assistants Salary in Albany-Schenectady-Troy, NY
Physician Assistants in the Albany-Schenectady-Troy, NY area earn an average annual salary of $132,980. This figure is slightly below the national average of $136,910, but local market dynamics and demand play a significant role in compensation. The specific economic conditions and healthcare needs within this metropolitan region contribute to the prevailing wage structure for these vital healthcare professionals.
Executive Summary
- Average Salary: $132,980 per year.
- Growth Trend: Salaries have shifted 15.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $163,350.
- Outlook: The Albany-Schenectady-Troy region supports a robust workforce of approximately 700 Physician Assistants. With a Location Quotient of 1.56, this indicates a notable concentration of these professionals compared to the national average, suggesting a healthy and active job market. The presence of 1.576 jobs per 1,000 workers further underscores the consistent demand and employment opportunities available for Physician Assistants in this area.
Salary Overview
The average Physician Assistants in Albany-Schenectady-Troy, NY earns-2.9%below the national average.
$63.9
$2,557
$11,082
Physician Assistants Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Physician Assistants in Albany-Schenectady-Troy have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare demand, evolving scope of practice, and inflation likely contribute to an upward trajectory in compensation, ensuring that the profession remains competitive within the local economy.
Physician Assistants Salary Distribution in Albany-Schenectady-Troy, NY
Career progression for Physician Assistants in Albany-Schenectady-Troy typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive clinical experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $107,490 | $51.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $99,735 | $47.9 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $132,730 | $63.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $166,225 | $79.9 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $163,350 | $78.5 |
Detailed Physician Assistants Market Analysis
Relocation Context
Nominal Salary
$132,980
Gross Pay
Real Wage (Purchasing Power)
$132,980
Adjusted for COL (100)
The average annual salary of $132,980 for Physician Assistants in Albany-Schenectady-Troy aligns precisely with the national average cost of living (100). This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial environment for professionals considering relocation. The absence of a cost of living premium or discount suggests that the nominal salary provides a comparable standard of living to the rest of the country.
Job Market Context
700
Total Jobs
1.576
Per 1K Jobs
1.56
Location Quotient
Albany-Schenectady-Troy, NY has 1.6x the national concentration of Physician Assistants 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 1.56, the Albany-Schenectady-Troy metropolitan area exhibits a higher concentration of Physician Assistants than the national average. This suggests a competitive yet abundant job market, where opportunities are readily available, but professionals may also encounter a larger pool of qualified candidates. The strong presence indicates a well-established demand for these healthcare providers within the region's healthcare infrastructure.
Nearby Job Markets
Nearby Cities for Physician Assistants
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Physician Assistants Salary | $134,950↑ 1% | 31 mi |
| Glens Falls, NY Physician Assistants Salary | $123,960↓ 7% | 45 mi |
| Kingston, NY Physician Assistants Salary | $123,860↓ 7% | 52 mi |
| Southwest New York nonmetropolitan area Physician Assistants Salary | $125,080↓ 6% | 68 mi |
| Central East New York nonmetropolitan area Physician Assistants Salary | $136,770↑ 3% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
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Frequently Asked Questions
How much does a Physician Assistants make in Albany-Schenectady-Troy, NY?
The median annual salary for a Physician Assistants in Albany-Schenectady-Troy, NY is $132,980. This typically ranges from $107,490 for entry-level positions to $163,350 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 2.9% lower than the national median of $136,910.
Is Albany-Schenectady-Troy, NY a lucrative place for Physician Assistants?
Yes, it offers competitive compensation.Physician Assistants in this region earn $132,980 annually, slightly below the national average, but the cost of living is also at the national average, making it financially comparable. The strong concentration of PAs (LQ 1.56) indicates robust demand and ample opportunities.
Is Albany-Schenectady-Troy, NY a good place to live for Physician Assistants?
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 Pittsfield, MA ($134,950) and Glens Falls, NY.
How does the Albany-Schenectady-Troy Physician Assistant salary compare to the national average?
The average annual salary for Physician Assistants in Albany-Schenectady-Troy is $132,980, which is slightly lower than the national average of $136,910.
What is the cost of living in Albany-Schenectady-Troy, NY?
The cost of living index in Albany-Schenectady-Troy is 100, which is exactly the national average. This means that the purchasing power of salaries in this area is comparable to the national standard.
How concentrated are Physician Assistants in the Albany-Schenectady-Troy job market?
The Location Quotient (LQ) for Physician Assistants in this area is 1.56, indicating that they are 56% more concentrated than the national average, suggesting a strong presence and demand for the profession.
What does the number of jobs per 1,000 workers signify for Physician Assistants in Albany?
With 1.576 jobs per 1,000 workers, this metric suggests a healthy employment landscape for Physician Assistants, indicating a consistent need for their services 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 700 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.576 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physician Assistants • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY