Average Terrazzo Workers and Finishers Salary in New York
Terrazzo Workers and Finishers in New York earn a substantial average annual salary of $75,640, significantly outpacing the national average of $62,280. This elevated compensation is largely driven by New York's robust construction sector and the specialized skills required for intricate terrazzo work, which commands a premium in this high-demand market.
Executive Summary
- Average Salary: $75,640 per year.
- Growth Trend: Salaries have shifted 12.5% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,050.
- Outlook: With a local workforce of approximately 200 Terrazzo Workers and Finishers, New York demonstrates a notable concentration of this specialized trade, as indicated by a Location Quotient of 2.24. This suggests that the demand for these skilled professionals is more than double the national average, pointing towards a stable and potentially growing job market for those in this field within the state.
Salary Overview
The average Terrazzo Workers and Finishers in New York earns+21.5%above the national average.
$36.4
$1,455
$6,303
Terrazzo Workers and Finishers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Terrazzo Workers and Finishers in New York have experienced consistent growth over the past four years, mirroring broader trends in the construction industry. Factors such as inflation, increased demand for skilled trades, and the rising complexity of architectural projects likely contribute to upward salary adjustments.
Terrazzo Workers and Finishers Salary Distribution in New York
The career trajectory for Terrazzo Workers and Finishers typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive portfolios and specialized techniques can command salaries well above the average. The percentile gaps in earnings clearly signify the value placed on accumulated expertise and advanced craftsmanship in this trade.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $54,070 | $26 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $56,730 | $27.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $72,570 | $34.9 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $94,550 | $45.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $115,050 | $55.3 |
Detailed Terrazzo Workers and Finishers Market Analysis
Relocation Context
Nominal Salary
$75,640
Gross Pay
Real Wage (Purchasing Power)
$60,464
Adjusted for COL (125.1)
While the average annual salary of $75,640 in New York is attractive, it's crucial to consider the local cost of living. With an index of 125.1, New York is approximately 25% more expensive than the national average. Therefore, the purchasing power of the $75,640 salary, while still strong, is somewhat tempered by these higher living expenses, requiring careful budgeting.
Job Market Context
200
Total Jobs
0.021
Per 1K Jobs
2.24
Location Quotient
New York has 2.2x the national concentration of Terrazzo Workers and Finishers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 2.24 for Terrazzo Workers and Finishers in New York signifies a highly concentrated market, indicating that this profession is significantly more prevalent in New York than the national average. This suggests a robust demand and a specialized talent pool, making it a competitive yet potentially rewarding environment for skilled workers.
Nearby Job Markets
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Frequently Asked Questions
How much does a Terrazzo Workers and Finishers make in New York?
The median annual salary for a Terrazzo Workers and Finishers in New York is $75,640. This typically ranges from $54,070 for entry-level positions to $115,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 21.5% higher than the national median of $62,280.
Is New York a lucrative place for Terrazzo Workers and Finisherss?
Yes, New York offers a lucrative environment for Terrazzo Workers and Finishers.The average salary significantly exceeds the national average, and the high concentration of professionals indicates strong market demand. While the cost of living is higher, the nominal salary provides substantial earning potential.
Is New York a good place to live for Terrazzo Workers and Finishers?
The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.
How does the New York salary compare to the national average?
Terrazzo Workers and Finishers in New York earn an average of $75,640 annually, which is considerably higher than the national average of $62,280.
What does the Location Quotient of 2.24 mean for this profession in New York?
A Location Quotient of 2.24 indicates that Terrazzo Workers and Finishers are more than twice as concentrated in New York compared to the national average, suggesting a strong local demand and a specialized job market.
How does the cost of living in New York affect the salary?
New York's cost of living index is 125.1, meaning it is 25.1% more expensive than the national average. While the $75,640 salary is high, a portion of it will be allocated to higher living expenses.
What is the size of the Terrazzo Worker and Finisher workforce in New York?
The total local workforce for Terrazzo Workers and Finishers in New York is approximately 200 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the New York area with a job density of 0.021 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Terrazzo Workers and Finishers • Data source: BLS OEWS 2024 •Jobs in New York