Average Nanny Salaries in New York 2023
April 1st, 2023
by A Nanny Match
New York City is known for its high cost of living, and this is certainly true when it comes to nanny salaries. As one of the most expensive cities in the world, it's no surprise that nanny salaries in NYC are among the highest in the country.
In 2023, the average nanny salary in New York is estimated at around $60,000-$80,000 + per year, depending on how many hours are worked per week, with an average hourly rate of about $32.00 per hour with 82-93% of those surveyed by the International Nanny Association being paid legally, on a W-2.
Factors That Affect Nanny Salaries in NYC
Several factors impact nanny salaries in NYC, including:
Schedule: According to New York State labor laws, domestic household workers are to be paid for each hour worked. Overtime kicks in after 40 hours and is 1.5 times the regular pay rate. The more hours a nanny is scheduled to work weekly, the higher the annual salary.
Experience: The more experience a nanny has, the higher their salary is likely to be. An experienced nanny with several years of experience can expect to earn a higher salary than someone just starting out.
Education: Nannies with higher levels of education, such as early childhood education degrees or certifications, may also command higher salaries.
Family Needs: The needs of the family can also impact nanny salaries. For example, a nanny who is responsible for caring for multiple children or has specific responsibilities, such as summer or regular travel or family assistant responsibilities, may earn a higher salary.
Location: The cost of living in different areas of NYC can also impact nanny salaries. For example, nanny salaries may be higher in more affluent neighborhoods like the Upper East Side or Tribeca.
How to Negotiate a Nanny Salary in NYC
When negotiating a nanny salary in NYC, it's important to be cognizant of the factors that impact it. You may want to consider the following when negotiating:
- Your experience and education
- Your responsibilities and duties
- The cost of living in the area where the family resides
- The family's budget
It's also important to be flexible and open to compromise. For example, a family may be willing to offer higher hourly pay in exchange for fewer guaranteed work hours per week.
More nannies are using local placement agencies (46%) for finding positions than online recruiting sites (2022 INA Survey). A reputable agency such as A Nanny Match will help candidates and families alike navigate the hiring process and understand current market trends and industry standards.
In conclusion, nanny salaries in NYC can vary greatly, and given the high cost of living, nannies need to earn salaries that are fair and commensurate with their job responsibilities.
*Stats taken from the 2022 INA Salary and Benefits Survey