SalaryNode

Average Aerospace Engineers Salary in New Jersey

Aerospace Engineers in New Jersey command an impressive average annual salary of $142,110, slightly surpassing the national average of $141,460. This competitive compensation reflects the state's robust industrial base and its strategic importance in sectors that heavily rely on aerospace innovation and development.

Executive Summary

  • Average Salary: $142,110 per year.
  • Growth Trend: Salaries have shifted 18.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $169,830.
  • Outlook: With a local workforce of 1,550 Aerospace Engineers, New Jersey demonstrates a significant concentration of talent. The Location Quotient of 0.82 suggests a market that is nearly on par with the national average in terms of concentration, indicating a stable and substantial demand for these specialized professionals within the state's economy.
2024 Market Data

Salary Overview

$142,110

The average Aerospace Engineers in New Jersey earns+0.5%above the national average.

BreakdownBased on 40h/week
Hourly

$68.3

Weekly

$2,733

Monthly

$11,843

Aerospace Engineers Salary Distribution in New Jersey

Salary progression for Aerospace Engineers in New Jersey is strongly tied to experience and expertise. Entry-level positions typically start at lower percentiles, while seasoned professionals with advanced degrees and specialized skills can command salaries in the upper percentiles, reflecting significant career growth and increased responsibility over time.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$107,580$51.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$106,583$51.2
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$128,400$61.7
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$177,638$85.4
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$169,830$81.6

Detailed Aerospace Engineers Market Analysis

Relocation Context

Nominal Salary

$142,110

Gross Pay

Real Wage (Purchasing Power)

$126,432

Adjusted for COL (112.4)

The average annual salary of $142,110 in New Jersey must be considered alongside its Cost of Living Index of 112.4. While the nominal salary is favorable, the higher cost of living means that the purchasing power of this salary is slightly reduced compared to areas with a national average cost of living.

Job Market Context

1,550

Total Jobs

0.366

Per 1K Jobs

0.82

Location Quotient

Below Average

New Jersey has 0.82x the national average concentration of Aerospace Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.82 indicates that Aerospace Engineers are slightly less concentrated in New Jersey compared to the national average. This suggests a healthy, though not overwhelmingly saturated, job market where demand for skilled engineers is present, but perhaps not as intensely concentrated as in some other key aerospace hubs.

Nearby Job Markets

Nearby Cities for Aerospace Engineers

CitySalaryDist.
New York-Newark-Jersey City, NY-NJ Aerospace Engineers Salary$145,580↑ 2%39 mi
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Aerospace Engineers Salary$133,290↓ 6%42 mi

Comparing salaries near New Jersey

Hiring Aerospace Engineerss?

Frequently Asked Questions

How much does a Aerospace Engineers make in New Jersey?

The median annual salary for a Aerospace Engineers in New Jersey is $142,110. This typically ranges from $107,580 for entry-level positions to $169,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Jersey is 0.5% higher than the national median of $141,460.

Is New Jersey a lucrative place for Aerospace Engineers?

Yes, New Jersey offers a lucrative environment for Aerospace Engineers.The average salary of $142,110 is above the national average, and the state's significant industrial presence supports strong demand for these professionals.

Is New Jersey a good place to live for Aerospace Engineers?

The Cost of Living Index in New Jersey is 112.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Jersey?

Some top paying nearby cities include New York-Newark-Jersey City, NY-NJ ($145,580) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

How does the New Jersey Aerospace Engineer salary compare to the national average?

Aerospace Engineers in New Jersey earn an average of $142,110 annually, which is slightly higher than the national average of $141,460.

What is the concentration of Aerospace Engineers in New Jersey?

New Jersey has a Location Quotient of 0.82 for Aerospace Engineers, indicating a concentration that is slightly below the national average.

How does the cost of living affect an Aerospace Engineer's salary in New Jersey?

With a Cost of Living Index of 112.4, New Jersey is more expensive than the national average, meaning the $142,110 salary has slightly less purchasing power than it would in a lower cost-of-living area.

What is the total number of Aerospace Engineers in New Jersey?

There are approximately 1,550 Aerospace Engineers employed in New Jersey.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,550 employees in the New Jersey area with a job density of 0.366 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Aerospace Engineers • Data source: BLS OEWS 2024 •Jobs in New Jersey