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Average School Psychologists Salary in Albany-Schenectady-Troy, NY

School Psychologists in the Albany-Schenectady-Troy, NY area earn an average annual salary of $88,730. This figure is below the national average of $97,890, suggesting that local market dynamics and potentially regional demand influence compensation. While the nominal salary is lower, the cost of living in this metropolitan area is precisely at the national average, which provides important context for purchasing power.

Executive Summary

  • Average Salary: $88,730 per year.
  • Growth Trend: Salaries have shifted 18.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $121,440.
  • Outlook: The Albany-Schenectady-Troy region supports a local workforce of 310 School Psychologists. With a Location Quotient of 1.71, indicating a concentration significantly higher than the national average, there is a robust local demand for these specialized professionals. This elevated quotient suggests that the area values and actively employs School Psychologists at a rate exceeding national trends, pointing towards a stable job market.
2024 Market Data

Salary Overview

$88,730

The average School Psychologists in Albany-Schenectady-Troy, NY earns-9.4%below the national average.

BreakdownBased on 40h/week
Hourly

$42.7

Weekly

$1,706

Monthly

$7,394

School Psychologists Salary Distribution in Albany-Schenectady-Troy, NY

Salary progression for School Psychologists in Albany-Schenectady-Troy typically scales with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while seasoned professionals with advanced degrees and extensive experience can expect to earn significantly more, potentially reaching the higher percentiles. The gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$59,280$28.5
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$66,548$32
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$77,780$37.4
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$110,913$53.3
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$121,440$58.4

Detailed School Psychologists Market Analysis

Relocation Context

Nominal Salary

$88,730

Gross Pay

Real Wage (Purchasing Power)

$88,730

Adjusted for COL (100)

The average annual salary of $88,730 for School Psychologists in Albany-Schenectady-Troy aligns perfectly with the national average cost of living index of 100. This means that the nominal salary holds its purchasing power relative to the rest of the country. While not offering a cost-of-living advantage, the salary is sufficient to maintain a standard of living comparable to the national average.

Job Market Context

310

Total Jobs

0.71

Per 1K Jobs

1.71

Location Quotient

Major Hub

Albany-Schenectady-Troy, NY has 1.7x the national concentration of School Psychologists 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 1.71 for School Psychologists in Albany-Schenectady-Troy signifies a market that is 71% more concentrated than the national average. This indicates a strong presence and potentially higher demand for these professionals relative to the overall workforce size. While not necessarily indicating intense competition, it suggests a healthy and established market for School Psychologist roles.

Nearby Job Markets

Nearby Cities for School Psychologists

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring School Psychologistss?

Frequently Asked Questions

How much does a School Psychologists make in Albany-Schenectady-Troy, NY?

The median annual salary for a School Psychologists in Albany-Schenectady-Troy, NY is $88,730. This typically ranges from $59,280 for entry-level positions to $121,440 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 9.4% lower than the national median of $97,890.

Is Albany-Schenectady-Troy, NY a lucrative place for School Psychologists?

Moderately lucrative, with strong local demand.While the average salary of $88,730 is below the national average, the high concentration of School Psychologists (LQ 1.71) suggests robust local demand. The cost of living being at the national average means the salary offers standard purchasing power.

Is Albany-Schenectady-Troy, NY a good place to live for School Psychologists?

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 ($103,970) and Glens Falls, NY.

How does the Albany-Schenectady-Troy salary compare to the national average?

The average salary of $88,730 in Albany-Schenectady-Troy is approximately 9.3% lower than the national average of $97,890 for School Psychologists.

What is the significance of the Location Quotient (LQ) of 1.71?

An LQ of 1.71 means that School Psychologists are employed in the Albany-Schenectady-Troy area at a rate 71% higher than the national average, indicating a strong local presence and demand for the profession.

Does the cost of living affect the real value of a School Psychologist's salary in this area?

No, the cost of living index is exactly 100, which is the national average. Therefore, the $88,730 salary has purchasing power equivalent to the national average.

How many School Psychologists work in the Albany-Schenectady-Troy area?

There are approximately 310 School Psychologists employed within 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 310 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.71 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.