Average Sales Managers Salary in Albany-Schenectady-Troy, NY
Sales Managers in the Albany-Schenectady-Troy, NY area command an impressive average annual salary of $183,660. This figure significantly surpasses the national average of $161,040, indicating a premium placed on sales leadership within this specific metropolitan region. Local economic factors and industry demand likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $183,660 per year.
- Growth Trend: Salaries have shifted 28.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $275,490.
- Outlook: With a local workforce of 930 Sales Managers and a Location Quotient of 0.54, the Albany-Schenectady-Troy area presents a moderately concentrated job market for this role. While not as densely populated with Sales Managers as the national average, the presence of over 2 jobs per 1,000 workers suggests a stable and consistent demand for experienced professionals in sales leadership.
Salary Overview
The average Sales Managers in Albany-Schenectady-Troy, NY earns+14.0%above the national average.
$88.3
$3,532
$15,305
Sales Managers Salary Trends (2020-2024)
While specific historical data for this region isn't provided, it's reasonable to assume that salaries for Sales Managers in Albany-Schenectady-Troy have experienced steady growth over the past four years, mirroring national trends. Economic expansion, evolving sales strategies, and the increasing importance of effective sales management likely contribute to upward pressure on compensation.
Sales Managers Salary Distribution in Albany-Schenectady-Troy, NY
The career trajectory for Sales Managers typically involves significant salary growth with experience. Entry-level positions might start considerably lower than the average, while senior-level managers, those with extensive experience and proven track records, can command salaries well above the $183,660 mark. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $78,430 | $37.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $137,745 | $66.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $156,070 | $75 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $229,575 | $110.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $275,490 | $132.4 |
Detailed Sales Managers Market Analysis
Relocation Context
Nominal Salary
$183,660
Gross Pay
Real Wage (Purchasing Power)
$183,660
Adjusted for COL (100)
The average annual salary of $183,660 in Albany-Schenectady-Troy aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Sales Manager's salary in this region is equivalent to the national average, offering a stable financial environment without the added expense or savings typically associated with higher or lower cost-of-living areas.
Job Market Context
930
Total Jobs
2.106
Per 1K Jobs
0.54
Location Quotient
Albany-Schenectady-Troy, NY has 0.54x the national average concentration of Sales Managers 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 0.54 indicates that Sales Managers are less concentrated in Albany-Schenectady-Troy compared to the national average. This suggests that while the demand is present (evidenced by 2.106 jobs per 1,000 workers), the market may be less saturated, potentially offering more opportunities for skilled professionals to secure positions without facing intense competition from a disproportionately large pool of candidates.
Nearby Job Markets
Nearby Cities for Sales Managers
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Sales Managers Salary | $150,700↓ 18% | 31 mi |
| Glens Falls, NY Sales Managers Salary | $188,770↑ 3% | 45 mi |
| Southwest New York nonmetropolitan area Sales Managers Salary | $162,450↓ 12% | 68 mi |
| Central East New York nonmetropolitan area Sales Managers Salary | $171,970↓ 6% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Sales Managerss?
Frequently Asked Questions
How much does a Sales Managers make in Albany-Schenectady-Troy, NY?
The median annual salary for a Sales Managers in Albany-Schenectady-Troy, NY is $183,660. This typically ranges from $78,430 for entry-level positions to $275,490 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 14.0% higher than the national median of $161,040.
Is Albany-Schenectady-Troy, NY a lucrative place for Sales Managers?
Yes, it is a lucrative place for Sales Managers.Sales Managers in this region earn a substantial $183,660 annually, significantly above the national average. Coupled with a national average cost of living, this makes the area financially attractive for the profession.
Is Albany-Schenectady-Troy, NY a good place to live for Sales 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 Pittsfield, MA ($150,700) and Glens Falls, NY.
How does the Albany-Schenectady-Troy salary compare to the national average?
The average annual salary for Sales Managers in Albany-Schenectady-Troy is $183,660, which is notably higher than the national average of $161,040.
What is the job market like for Sales Managers in this area?
The job market is moderately concentrated, with 930 Sales Managers employed locally and 2.106 jobs per 1,000 workers, indicating consistent demand.
Does the cost of living affect the value of the salary?
No, the cost of living in Albany-Schenectady-Troy is exactly at the national average (100), meaning the $183,660 salary offers purchasing power equivalent to the national median.
Are there many Sales Manager jobs in Albany-Schenectady-Troy relative to other areas?
With a Location Quotient of 0.54, Sales Managers are less concentrated here than the national average, suggesting a potentially less competitive but still active job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 930 employees in the Albany-Schenectady-Troy, NY area with a job density of 2.106 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 Managers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY