Average Sales and Related Occupations Salary in Albany-Schenectady-Troy, NY
In the Albany-Schenectady-Troy, NY metropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $55,000. This figure slightly surpasses the national average of $54,110, indicating a competitive market. Local economic factors and industry demand within the region contribute to this favorable compensation.
Executive Summary
- Average Salary: $55,000 per year.
- Growth Trend: Salaries have shifted 16.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $97,670.
- Outlook: The Albany-Schenectady-Troy region boasts a substantial workforce of 34,580 individuals in Sales and Related Occupations. With a Location Quotient of 0.9, the concentration of these roles is nearly on par with the national average, suggesting a stable and established demand for sales professionals. The presence of nearly 78 sales jobs per 1,000 workers underscores the ongoing need for talent in this sector.
Salary Overview
The average Sales and Related Occupations in Albany-Schenectady-Troy, NY earns+1.6%above the national average.
$26.4
$1,058
$4,583
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Sales and Related Occupations in Albany-Schenectady-Troy have experienced steady growth over the past four years, mirroring national trends. Economic expansion and evolving sales strategies likely contribute to an upward trajectory in compensation for skilled professionals in this field.
Sales and Related Occupations Salary Distribution in Albany-Schenectady-Troy, NY
Career progression in Sales and Related Occupations within Albany-Schenectady-Troy typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with proven track records and specialized skills can command significantly higher salaries, potentially reaching well into the six figures. The widening percentile gaps clearly signify opportunities for substantial career and financial advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $31,200 | $15 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $41,250 | $19.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $37,110 | $17.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $68,750 | $33.1 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $97,670 | $47 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$55,000
Gross Pay
Real Wage (Purchasing Power)
$55,000
Adjusted for COL (100)
The average annual salary of $55,000 in Albany-Schenectady-Troy aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a sales professional's income in this area is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
34,580
Total Jobs
78.06
Per 1K Jobs
0.9
Location Quotient
Albany-Schenectady-Troy, NY has 0.90x the national average concentration of Sales and Related Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.9, the Albany-Schenectady-Troy market for Sales and Related Occupations is very close to the national average in terms of concentration. This suggests a healthy and balanced job market where demand is consistent with national patterns, neither overly saturated nor exceptionally scarce. Professionals can expect a competitive but accessible environment for sales roles.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Sales and Related Occupations Salary | $50,590↓ 8% | 31 mi |
| Glens Falls, NY Sales and Related Occupations Salary | $49,940↓ 9% | 45 mi |
| Kingston, NY Sales and Related Occupations Salary | $48,470↓ 12% | 52 mi |
| Southwest New York nonmetropolitan area Sales and Related Occupations Salary | $45,740↓ 17% | 68 mi |
| Central East New York nonmetropolitan area Sales and Related Occupations Salary | $47,780↓ 13% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
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Frequently Asked Questions
How much does a Sales and Related Occupations make in Albany-Schenectady-Troy, NY?
The median annual salary for a Sales and Related Occupations in Albany-Schenectady-Troy, NY is $55,000. This typically ranges from $31,200 for entry-level positions to $97,670 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 1.6% higher than the national median of $54,110.
Is Albany-Schenectady-Troy, NY a lucrative place for Sales and Related Occupationss?
Yes, it offers competitive compensation.The average salary of $55,000 slightly exceeds the national average, and the cost of living is exactly at the national average, indicating good purchasing power for sales professionals.
Is Albany-Schenectady-Troy, NY a good place to live for Sales and Related Occupations?
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 ($50,590) and Glens Falls, NY.
How does the Albany-Schenectady-Troy sales job market compare to the national average?
The market is very similar, with a Location Quotient of 0.9 indicating a concentration of sales jobs that is just below the national average, suggesting a balanced and stable job market.
What is the average number of sales jobs per 1,000 workers in Albany-Schenectady-Troy?
There are approximately 78.06 jobs per 1,000 workers in Sales and Related Occupations in the Albany-Schenectady-Troy area, reflecting a solid presence of these roles.
How does the cost of living affect the $55,000 salary in Albany-Schenectady-Troy?
With a Cost of Living Index of 100, the $55,000 salary has the same purchasing power as the national average, meaning your earnings will go as far as they would in a typical U.S. city.
What is the total number of people employed in Sales and Related Occupations in Albany-Schenectady-Troy?
The total local workforce for Sales and Related Occupations in the Albany-Schenectady-Troy metropolitan area is 34,580 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 34,580 employees in the Albany-Schenectady-Troy, NY area with a job density of 78.06 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Sales and Related Occupations • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY