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Average Purchasing Managers Salary in Albany-Schenectady-Troy, NY

Purchasing Managers in the Albany-Schenectady-Troy, NY area earn an average annual salary of $125,430. This figure is notably below the national average of $152,540, suggesting that local market dynamics, such as industry concentration and regional demand, play a significant role in compensation levels.

Executive Summary

  • Average Salary: $125,430 per year.
  • Growth Trend: Salaries have shifted 24.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $205,250.
  • Outlook: The Albany-Schenectady-Troy region supports a dedicated workforce of 580 Purchasing Managers, indicating a stable, albeit not exceptionally large, professional community. With a Location Quotient of 2.5, this area exhibits a concentration of these roles significantly above the national average, pointing to a robust and specialized demand for purchasing expertise within the local economy.
2024 Market Data

Salary Overview

$125,430

The average Purchasing Managers in Albany-Schenectady-Troy, NY earns-17.8%below the national average.

BreakdownBased on 40h/week
Hourly

$60.3

Weekly

$2,412

Monthly

$10,453

Purchasing Managers Salary Distribution in Albany-Schenectady-Troy, NY

Career progression for Purchasing Managers in Albany-Schenectady-Troy typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while senior roles, commanding higher salaries, are found in the upper percentiles, reflecting the accumulation of expertise, strategic responsibility, and leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$81,690$39.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$94,073$45.2
ManagerOversees team, compliance, and project delivery.50% (Median)$103,340$49.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$156,788$75.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$205,250$98.7

Detailed Purchasing Managers Market Analysis

Relocation Context

Nominal Salary

$125,430

Gross Pay

Real Wage (Purchasing Power)

$125,430

Adjusted for COL (100)

The average annual salary of $125,430 for Purchasing Managers in Albany-Schenectady-Troy aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a balanced financial landscape for professionals considering relocation to this area.

Job Market Context

580

Total Jobs

1.318

Per 1K Jobs

2.5

Location Quotient

Major Hub

Albany-Schenectady-Troy, NY has 2.5x the national concentration of Purchasing Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 2.5 for Purchasing Managers in Albany-Schenectady-Troy signifies a market that is 2.5 times more concentrated than the national average. This indicates a highly specialized and potentially competitive job market where demand for these professionals is significantly elevated compared to other regions.

Nearby Job Markets

Nearby Cities for Purchasing Managers

CitySalaryDist.
Southwest New York nonmetropolitan area Purchasing Managers Salary$135,990↑ 8%68 mi
Central East New York nonmetropolitan area Purchasing Managers Salary$163,870↑ 31%68 mi

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring Purchasing Managerss?

Frequently Asked Questions

How much does a Purchasing Managers make in Albany-Schenectady-Troy, NY?

The median annual salary for a Purchasing Managers in Albany-Schenectady-Troy, NY is $125,430. This typically ranges from $81,690 for entry-level positions to $205,250 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 17.8% lower than the national median of $152,540.

Is Albany-Schenectady-Troy, NY a lucrative place for Purchasing Managers?

Yes, with a caveat regarding the national average.While the average salary is below the national average, the high concentration of roles (LQ 2.5) and a cost of living at the national average suggest strong local demand and stable purchasing power for Purchasing Managers.

Is Albany-Schenectady-Troy, NY a good place to live for Purchasing Managers?

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 Southwest New York nonmetropolitan area ($135,990) and Central East New York nonmetropolitan area.

How does the local salary compare to the national average?

Purchasing Managers in Albany-Schenectady-Troy earn $125,430 annually, which is less than the national average of $152,540.

What is the concentration of Purchasing Managers in this area?

The Location Quotient (LQ) is 2.5, meaning this area has 2.5 times the concentration of Purchasing Managers compared to the national average.

How does the cost of living affect the salary?

The cost of living in Albany-Schenectady-Troy is 100, which is the national average, meaning the $125,430 salary has average purchasing power.

How many Purchasing Managers work in Albany-Schenectady-Troy?

There are approximately 580 Purchasing Managers employed in the Albany-Schenectady-Troy metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.318 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Albany-Schenectady-Troy, NY

Semantic Salary Analysis for Purchasing Managers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY