Average Physicists Salary in Albany-Schenectady-Troy, NY
The average salary for a Physicists in Albany-Schenectady-Troy, NY is $163,640. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Albany-Schenectady-Troy, NY is a key hub for this profession, with a job concentration 1.33x higher than average.
Executive Summary
- Average Salary: $163,640 per year.
- Growth Trend: Salaries have shifted 9.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $226,300.
- Outlook: The current demand for Physicistss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
Salary Overview
The average Physicists in Albany-Schenectady-Troy, NY earns-7.7%below the national average.
$78.7
$3,147
$13,637
Physicists Salary Trends (2020-2024)
Over the past 4 years, Physicists salaries in Albany-Schenectady-Troy, NY have remained stable with a modest increase of 9.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Physicists Salary Distribution in Albany-Schenectady-Troy, NY
The earning potential for Physicistss in Albany-Schenectady-Troy, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $115,320, while highly experienced professionals can command wages upwards of $226,300.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $115,320 | $55.4 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $122,730 | $59 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $166,400 | $80 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $204,550 | $98.3 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $226,300 | $108.8 |
Detailed Physicists Market Analysis
Relocation Context
Nominal Salary
$163,640
Gross Pay
Real Wage (Purchasing Power)
$163,640
Adjusted for COL (100)
In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $163,640 to $163,640.
Job Market Context
80
Total Jobs
0.184
Per 1K Jobs
1.33
Location Quotient
With a location quotient of 1.33, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Physicists roles compared to the national norm.
80 people work as Physicists in Albany-Schenectady-Troy, NY.
Only 0.184 out of every 1,000 local jobs are Physicists roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Physicistss?
Frequently Asked Questions
How much does a Physicists make in Albany-Schenectady-Troy, NY?
The median annual salary for a Physicists in Albany-Schenectady-Troy, NY is $163,640. This typically ranges from $115,320 for entry-level positions to $226,300 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 7.7% lower than the national median of $177,260.
Is Albany-Schenectady-Troy, NY a good place for Physicistss?
Yes, Albany-Schenectady-Troy, NY is highly recommended due to strong job demand. While salaries are competitive ($163,640), the area is particularly notable for its high job density for Physicistss. See distinct detailed breakdown below.
Is Albany-Schenectady-Troy, NY a good place to live for Physicists?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.184 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physicists • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY