The annual salary statistics of industrial machinery mechanics in Albany-Schenectady-Troy, New York is shown in Table 1. The wage statistics of industrial machinery mechanics 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 | $47,020 |
| 25th Percentile Wage | $53,480 |
| 50th Percentile Wage | $63,760 |
| 75th Percentile Wage | $80,350 |
| 90th Percentile Wage | $83,920 |
Table 1 shows the average annual salary for industrial machinery mechanics 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 $83,920. The median (50th percentile) annual salary is $63,760. The average annual salary for the bottom 10 percent earners is $47,020.
The table and chart below show the trend of the median salary of industrial machinery mechanics from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $63,760 | 4.44% | 17.03% |
| 2021 | $60,930 | 8.35% | - |
| 2020 | $55,840 | 4.87% | - |
| 2019 | $53,120 | 0.88% | - |
| 2018 | $52,650 | -12.25% | - |
| 2017 | $59,100 | 2.20% | - |
| 2016 | $57,800 | 3.82% | - |
| 2015 | $55,590 | 3.06% | - |
| 2014 | $53,890 | 2.63% | - |
| 2013 | $52,470 | -0.82% | - |
| 2012 | $52,900 | - | - |
From Table 3 we note that the median annual salary of $63,760 in Albany-Schenectady-Troy is in the middle of salary range for industrial machinery mechanics in state of New York. In comparison, the annual salary of industrial machinery mechanics in Albany-Schenectady-Troy is 1.4 percent (1.4%) lower than that in the highest paying Syracuse and 21.0 percent (21.0%) higher than that in the lowest paying Watertown-Fort Drum.