SalaryNode

Average Training and Development Managers Salary in Albany-Schenectady-Troy, NY

The average salary for Training and Development Managerss in Albany-Schenectady-Troy, NY is $127,850. While this is lower than the national average, the cost of living in Albany-Schenectady-Troy, NY may offset the difference, preserving real purchasing power. Notably, Albany-Schenectady-Troy, NY is a key hub for this profession, with a job concentration 1.32x higher than average.

Executive Summary

  • Average Salary: $127,850 per year.
  • Growth Trend: Salaries have shifted 7.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $166,560.
  • Outlook: The current demand for Training and Development Managerss is stable, with a local workforce of approximately 170 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
2024 Market Data

Salary Overview

$127,850

The average Training and Development Managers in Albany-Schenectady-Troy, NY earns-10.7%below the national average.

BreakdownBased on 40h/week
Hourly

$61.5

Weekly

$2,459

Monthly

$10,654

Training and Development Managers Salary Distribution in Albany-Schenectady-Troy, NY

The earning potential for Training and Development Managerss in Albany-Schenectady-Troy, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $93,360, while highly experienced professionals can command wages upwards of $166,560.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$93,360$44.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$95,888$46.1
ManagerOversees team, compliance, and project delivery.50% (Median)$123,750$59.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$159,813$76.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$166,560$80.1

Detailed Training and Development Managers Market Analysis

Relocation Context

Nominal Salary

$127,850

Gross Pay

Real Wage (Purchasing Power)

$127,850

Adjusted for COL (100)

In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $127,850 to $127,850.

Job Market Context

170

Total Jobs

0.384

Per 1K Jobs

1.32

Location Quotient

Above Average

With a location quotient of 1.32, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Training and Development Managers roles compared to the national norm.

170 people work as Training and Development Managers in Albany-Schenectady-Troy, NY.

Only 0.384 out of every 1,000 local jobs are Training and Development Managers roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Training and Development Managerss?

Frequently Asked Questions

How much does a Training and Development Managers make in Albany-Schenectady-Troy, NY?

The median annual salary for a Training and Development Managers in Albany-Schenectady-Troy, NY is $127,850. This typically ranges from $93,360 for entry-level positions to $166,560 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 10.7% lower than the national median of $143,190.

Is Albany-Schenectady-Troy, NY a good place for Training and Development Managerss?

Yes, Albany-Schenectady-Troy, NY is highly recommended due to strong job demand. While salaries are competitive ($127,850), the area is particularly notable for its high job density for Training and Development Managerss. See distinct detailed breakdown below.

Is Albany-Schenectady-Troy, NY a good place to live for Training and Development Managers?

The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 170 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.384 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.