Policy Modeling Expert Salary in New York

Annual Median: $99,480
Hourly Median: $47.83

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Annual and Hourly Policy Modeling Expert undefined, New York Salary Table:

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
PercentileAnnual SalaryHourly Wage
10th$56,430$27.13
25th$73,270$35.23
Median$99,480$47.83
75th$139,260$66.95
90th$184,020$88.47

Best Schools to become a Policy Modeling Expert in New York 2024

Columbia University in the City of New York

New York, NY

In-State Tuition:$61,989
Out-of-State Tuition:$61,989
Admission Rate:4%
Graduation Rate:95%
Total Enrollment:34,782

New York University

New York, NY

In-State Tuition:$55,384
Out-of-State Tuition:$55,384
Admission Rate:12%
Graduation Rate:87%
Total Enrollment:59,144

Stony Brook University

Stony Brook, NY

In-State Tuition:$7,070
Out-of-State Tuition:$24,990
Admission Rate:49%
Graduation Rate:78%
Total Enrollment:25,710

Cornell University

Ithaca, NY

In-State Tuition:$62,456
Out-of-State Tuition:$62,456
Admission Rate:7%
Graduation Rate:95%
Total Enrollment:25,898

SUNY at Albany

Albany, NY

In-State Tuition:$7,070
Out-of-State Tuition:$24,910
Admission Rate:68%
Graduation Rate:66%
Total Enrollment:16,658

Fordham University

Bronx, NY

In-State Tuition:$56,920
Out-of-State Tuition:$56,920
Admission Rate:54%
Graduation Rate:83%
Total Enrollment:16,556

Policy Modeling Expert Salary in New York FAQs

  • What factors influence the salary of a Policy Modeling Expert in New York?
    Several factors can impact your salary as a Policy Modeling Expert. These include your level of education, years of experience, specific skill sets (such as proficiency in data analysis tools), and your knowledge of relevant policies. Additionally, the type of organization you work for—be it government, non-profit, or private sector—can also affect compensation levels.

  • Is there a demand for Policy Modeling Experts in New York?
    Yes, there is a growing demand for Policy Modeling Experts in New York. As organizations increasingly rely on data-driven insights to guide decision-making, the need for professionals who can model and analyze policy implications is on the rise. This trend is expected to continue as data analytics and policy development become more intertwined.

  • What skills are highly valued in this field?
    Key skills that enhance your value as a Policy Modeling Expert include:

    • Advanced quantitative analysis and statistical modeling
    • Familiarity with programming languages (such as R, Python, or SQL)
    • Proficiency in data visualization tools
    • Strong problem-solving abilities
    • Excellent communication skills for presenting complex data
  • How does a Policy Modeling Expert’s salary compare to similar roles?
    When compared to similar roles, such as data analysts or policy analysts, the salary of a Policy Modeling Expert may vary based on the specific focus of your work. Generally, positions that require advanced modeling and predictive analytics tend to offer higher salaries due to the specialized skill set needed.

  • What are the job outlook and career advancement opportunities in this field?
    The job outlook for Policy Modeling Experts is positive, with many avenues for career advancement. With experience, you can move into senior analyst positions, project management roles, or specialized advisory roles. Furthermore, gaining additional credentials or certifications in data science or public policy can enhance your career trajectory.

  • What is the typical work environment for a Policy Modeling Expert?
    Policy Modeling Experts typically work in an office setting, although remote opportunities are becoming more common. You might be employed by government agencies, think tanks, consulting firms, or non-profits. Collaborative environments are typical, as working alongside other analysts, economists, and policy makers is often required.

  • Are there professional organizations or networks relevant to Policy Modeling Experts?
    Yes, there are several professional organizations that can provide networking opportunities, resources, and professional development. Organizations such as the American Economic Association, the Public Policy Institute, and industry-specific groups often host events and provide access to valuable information for professionals in this field.

  • How can I increase my earning potential as a Policy Modeling Expert?
    Increasing your earning potential involves a combination of gaining experience, expanding your skill set, and pursuing higher education or specialized training. Engaging in ongoing professional development, staying abreast of industry trends, and seeking certifications in relevant tools and methodologies can also enhance your marketability and salary prospects.