The annual salary statistics of construction laborers in Albany-Schenectady-Troy, New York is shown in Table 1. The wage statistics of construction laborers in Albany-Schenectady-Troy is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $34,430 |
| 25th Percentile Wage | $39,520 |
| 50th Percentile Wage | $48,580 |
| 75th Percentile Wage | $65,980 |
| 90th Percentile Wage | $79,920 |
Table 1 shows the average annual salary for construction laborers in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $79,920. The median (50th percentile) annual salary is $48,580. The average annual salary for the bottom 10 percent earners is $34,430.
The table and chart below show the trend of the median salary of construction laborers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $48,580 | 0.39% | 27.21% |
| 2021 | $48,390 | 5.83% | - |
| 2020 | $45,570 | 8.21% | - |
| 2019 | $41,830 | 4.85% | - |
| 2018 | $39,800 | 2.29% | - |
| 2017 | $38,890 | 3.60% | - |
| 2016 | $37,490 | 0.64% | - |
| 2015 | $37,250 | 0.72% | - |
| 2014 | $36,980 | 1.51% | - |
| 2013 | $36,420 | 2.91% | - |
| 2012 | $35,360 | - | - |
From Table 3 we note that the median annual salary of $48,580 in Albany-Schenectady-Troy is in the middle of salary range for construction laborers in state of New York. In comparison, the annual salary of construction laborers in Albany-Schenectady-Troy is 16.3 percent (16.3%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 36.1 percent (36.1%) higher than that in the lowest paying East Central New York nonmetropolitan area.