Average Production Occupations Salary in Binghamton, NY
In Binghamton, NY, professionals in Production Occupations can expect an average annual salary of $48,580. This figure is slightly below the national average of $49,710, indicating localized market dynamics and potentially different regional economic factors influencing compensation for these roles. The specific economic landscape and demand within the Binghamton area contribute to this nuanced salary structure.
Executive Summary
- Average Salary: $48,580 per year.
- Growth Trend: Salaries have shifted 26.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $67,390.
- Outlook: Binghamton's production sector is supported by a local workforce of 5,150 individuals. With a Location Quotient of 0.94, the concentration of production jobs in Binghamton is nearly on par with the national average, suggesting a stable and established presence in the region. The rate of 53.489 jobs per 1,000 workers further underscores a consistent demand for production talent within the local economy.
Salary Overview
The average Production Occupations in Binghamton, NY earns-2.3%below the national average.
$23.4
$934
$4,048
Production Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Production Occupations in Binghamton have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive modest annual increases in compensation for skilled labor, ensuring that the average salary remains competitive within the local context.
Production Occupations Salary Distribution in Binghamton, NY
Career progression within Production Occupations in Binghamton typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles and specialized skills command higher salaries, potentially reaching into the upper percentiles. These percentile gaps are crucial indicators of the career ladder and the financial rewards associated with advancing expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $32,420 | $15.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $36,435 | $17.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $44,920 | $21.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $60,725 | $29.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $67,390 | $32.4 |
Detailed Production Occupations Market Analysis
Relocation Context
Nominal Salary
$48,580
Gross Pay
Real Wage (Purchasing Power)
$48,580
Adjusted for COL (100)
The average annual salary of $48,580 in Binghamton, NY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a production worker's salary in Binghamton is equivalent to the national standard, offering a stable financial environment for residents without the added pressure of a higher cost of living.
Job Market Context
5,150
Total Jobs
53.489
Per 1K Jobs
0.94
Location Quotient
Binghamton, NY has 0.94x the national average concentration of Production Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.94 for Production Occupations in Binghamton indicates that the industry's presence is very close to the national average concentration. This suggests a balanced job market where demand and supply are relatively stable, without significant over- or under-saturation. It implies a healthy competitive environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Production Occupations
| City | Salary | Dist. |
|---|---|---|
| Ithaca, NY Production Occupations Salary | $54,860↑ 13% | 39 mi |
| Elmira, NY Production Occupations Salary | $50,430↑ 4% | 46 mi |
| Southwest New York nonmetropolitan area Production Occupations Salary | $52,100↑ 7% | 49 mi |
| Central East New York nonmetropolitan area Production Occupations Salary | $49,750↑ 2% | 49 mi |
| Capital/Northern New York nonmetropolitan area Production Occupations Salary | $49,960↑ 3% | 49 mi |
Comparing salaries near Binghamton, NY
Hiring Production Occupationss?
Frequently Asked Questions
How much does a Production Occupations make in Binghamton, NY?
The median annual salary for a Production Occupations in Binghamton, NY is $48,580. This typically ranges from $32,420 for entry-level positions to $67,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 2.3% lower than the national median of $49,710.
Is Binghamton, NY a lucrative place for Production Occupationss?
No, but it is stable.While the average salary of $48,580 is slightly below the national average, the cost of living matching the national average provides stable purchasing power. The market is neither exceptionally lucrative nor significantly lacking.
Is Binghamton, NY a good place to live for Production Occupations?
The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Binghamton, NY?
Some top paying nearby cities include Ithaca, NY ($54,860) and Elmira, NY.
How does Binghamton's production job market compare nationally?
Binghamton's production job market is very similar to the national average, with a Location Quotient of 0.94, indicating a comparable concentration of these jobs relative to its workforce size.
What is the average salary for Production Occupations in Binghamton, NY?
The average annual salary for Production Occupations in Binghamton, NY, is $48,580.
How does the cost of living in Binghamton affect salary perception?
With a Cost of Living Index of 100, Binghamton's cost of living is exactly at the national average. This means the $48,580 salary offers purchasing power equivalent to the national median.
Is there strong demand for production workers in Binghamton?
The data suggests a stable demand, with 53.489 production jobs per 1,000 workers and a Location Quotient near the national average, indicating a consistent presence of these roles in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,150 employees in the Binghamton, NY area with a job density of 53.489 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Production Occupations Salaries by State
Top Jobs in Binghamton, NY
- All Occupations Salary in Binghamton, NY
- Office and Administrative Support Occupations Salary in Binghamton, NY
- Food Preparation and Serving Related Occupations Salary in Binghamton, NY
- Transportation and Material Moving Occupations Salary in Binghamton, NY
- Educational Instruction and Library Occupations Salary in Binghamton, NY
- Sales and Related Occupations Salary in Binghamton, NY
- Healthcare Practitioners and Technical Occupations Salary in Binghamton, NY
- Production Occupations Salary in Binghamton, NY
- Healthcare Support Occupations Salary in Binghamton, NY
- Business and Financial Operations Occupations Salary in Binghamton, NY
- Browse All Jobs in Binghamton, NY →
Semantic Salary Analysis for Production Occupations • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY