Average Psychologists, All Other Salary in Albany-Schenectady-Troy, NY
Yes, Albany-Schenectady-Troy, NY is a highly lucrative market for Psychologists, All Others. With an average annual salary of $126,850, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $126,850 per year.
- Growth Trend: Salaries have shifted 32.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,290.
- Outlook: The current demand for Psychologists, All Others is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
Salary Overview
The average Psychologists, All Other in Albany-Schenectady-Troy, NY earns+33.3%above the national average.
$61
$2,439
$10,571
Psychologists, All Other Salary Trends (2020-2024)
Over the past 4 years, Psychologists, All Other salaries in Albany-Schenectady-Troy, NY have experienced a rapid surge, growing by 32.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Psychologists, All Other Salary Distribution in Albany-Schenectady-Troy, NY
The earning potential for Psychologists, All Others 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 $77,620, while highly experienced professionals can command wages upwards of $162,290.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $77,620 | $37.3 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $95,138 | $45.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $131,450 | $63.2 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $158,563 | $76.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $162,290 | $78 |
Detailed Psychologists, All Other Market Analysis
Relocation Context
Nominal Salary
$126,850
Gross Pay
Real Wage (Purchasing Power)
$126,850
Adjusted for COL (100)
In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $126,850 to $126,850.
Job Market Context
50
Total Jobs
0.12
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Psychologists, All Other roles compared to the national norm.
50 people work as Psychologists, All Other in Albany-Schenectady-Troy, NY.
Only 0.12 out of every 1,000 local jobs are Psychologists, All Other roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Psychologists, All Others?
Frequently Asked Questions
How much does a Psychologists, All Other make in Albany-Schenectady-Troy, NY?
The median annual salary for a Psychologists, All Other in Albany-Schenectady-Troy, NY is $126,850. This typically ranges from $77,620 for entry-level positions to $162,290 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 33.3% higher than the national median of $95,160.
Is Albany-Schenectady-Troy, NY a good place for Psychologists, All Others?
Yes, Albany-Schenectady-Troy, NY is financially attractive for Psychologists, All Others. The average salary of $126,850 exceeds the national average. See distinct detailed breakdown below.
Is Albany-Schenectady-Troy, NY a good place to live for Psychologists, All Others?
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 50 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.12 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Psychologists, All Other • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY