Elevator Installer/Repairer Salary in Albany, NY
How much does a elevator installer/repairer make in Albany? Explore median, entry-level, and senior salaries adjusted for Albany's cost of living.
Salary Breakdown by Experience Level
See how elevator installer/repairer salaries break down across different pay periods in Albany.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $82,812 | $163,900 | $227,734 |
| Monthly | $6,901 | $13,658 | $18,978 |
| Biweekly | $3,185 | $6,304 | $8,759 |
| Weekly | $1,593 | $3,152 | $4,380 |
| Hourly | $40 | $79 | $109 |
Albany vs National Average
How Albany's elevator installer/repairer salaries compare to national figures.
Cost of Living in Albany
About Elevator Installer/Repairer
Overview
Install, repair, and maintain elevators and escalators.
Education
High school diploma; apprenticeship and licensure required
Key Skills
Growth Rate
Expected job growth: +13% over the next decade
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Elevator Installer/Repairer Salary in Albany, NY — Complete Guide
Median Salary Overview
The median salary for a elevator installer/repairer in Albany, NY is $163,900 per year, adjusted for the local cost of living index of 110. This figure reflects typical earnings for experienced professionals in this role, considering Albany's unique economic conditions.
Salary Range and Experience Levels
Entry-level elevator installer/repairer professionals in Albany can expect to earn around $82,812 annually. As professionals gain experience, salaries typically increase, with senior-level elevator installer/repairers earning approximately $227,734 per year. This represents a 175% increase from entry to senior level.
Cost of Living Adjustment
Albany's cost of living index of 110 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Albany are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $119,200, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a elevator installer/repairer's salary in Albany typically goes toward housing. With a 1-bedroom apartment averaging $1,550 per month, housing represents about 11.3% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Elevator Installer/Repairers are in growing demand across the United States, with an expected job growth of 13% over the next decade. In Albany, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.