Average Agents and Business Managers of Artists, Performers, and Athletes Salary in New Jersey
Agents and Business Managers of Artists, Performers, and Athletes in New Jersey earn an average annual salary of $138,640. This figure is notably below the national average of $165,620, suggesting that while the state offers opportunities, compensation may not reach the highest national benchmarks. Local market dynamics and the specific concentration of talent agencies within New Jersey likely influence this salary differential.
Executive Summary
- Average Salary: $138,640 per year.
- Growth Trend: Salaries have shifted 106.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $180,780.
- Outlook: With a total local workforce of 300 individuals in this specialized field, New Jersey presents a moderately sized market for agents and business managers. The Location Quotient of 0.76 indicates a slightly lower concentration of these professionals compared to the national average. This suggests a stable, albeit not exceptionally dense, job market where demand is present but not overwhelmingly high, implying steady career prospects for skilled individuals.
Salary Overview
The average Agents and Business Managers of Artists, Performers, and Athletes in New Jersey earns-16.3%below the national average.
$66.7
$2,666
$11,553
Agents and Business Managers of Artists, Performers, and Athletes Salary Trends (2020-2024)
While specific historical data for this niche role in New Jersey is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring broader economic growth and increasing demand for skilled representation in the entertainment and sports industries. Factors such as inflation, increased industry revenue, and a growing need for expert management likely contribute to salary appreciation for these professionals.
Agents and Business Managers of Artists, Performers, and Athletes Salary Distribution in New Jersey
Career progression for Agents and Business Managers of Artists, Performers, and Athletes typically involves a significant salary increase with experience. Entry-level positions may start considerably lower than the average, while senior roles, particularly those managing high-profile clients, can command salaries well above the $138,640 mark. The percentile gaps in salary distribution clearly signify the substantial earning potential and career advancement available to those who build a strong track record and client portfolio.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $63,160 | $30.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $103,980 | $50 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,410 | $40.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $173,300 | $83.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $180,780 | $86.9 |
Detailed Agents and Business Managers of Artists, Performers, and Athletes Market Analysis
Relocation Context
Nominal Salary
$138,640
Gross Pay
Real Wage (Purchasing Power)
$123,345
Adjusted for COL (112.4)
The average annual salary of $138,640 in New Jersey must be considered in light of the state's Cost of Living Index of 112.4. With a cost of living that is 12.4% higher than the national average, the purchasing power of this salary is somewhat diminished. While the nominal income is substantial, individuals relocating to New Jersey may find that their effective disposable income is less than what a similar salary would provide in a more affordable state.
Job Market Context
300
Total Jobs
0.07
Per 1K Jobs
0.76
Location Quotient
New Jersey has 0.76x the national average concentration of Agents and Business Managers of Artists, Performers, and Athletes 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 0.76 for Agents and Business Managers of Artists, Performers, and Athletes in New Jersey indicates that this profession is slightly less concentrated in the state compared to the national average. This suggests that while the market is established, it may not be as saturated with talent as other regions. This could translate to potentially more opportunities for skilled professionals to stand out and secure representation roles, though the overall job volume remains modest.
Nearby Job Markets
Nearby Cities for Agents and Business Managers of Artists, Performers, and Athletes
Comparing salaries near New Jersey
Hiring Agents and Business Managers of Artists, Performers, and Athletess?
Frequently Asked Questions
How much does a Agents and Business Managers of Artists, Performers, and Athletes make in New Jersey?
The median annual salary for a Agents and Business Managers of Artists, Performers, and Athletes in New Jersey is $138,640. This typically ranges from $63,160 for entry-level positions to $180,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Jersey is 16.3% lower than the national median of $165,620.
Is New Jersey a lucrative place for Agents and Business Managers of Artists, Performers, and Athletes?
Moderately so, with caveats.While the average salary of $138,640 is substantial, it falls below the national average, and the state's higher cost of living impacts purchasing power. The market is stable but not exceptionally concentrated.
Is New Jersey a good place to live for Agents and Business Managers of Artists, Performers, and Athletes?
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 ($161,040) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.
How does New Jersey's salary for this role compare to the national average?
The average salary in New Jersey is $138,640, which is lower than the national average of $165,620.
What is the concentration of this job in New Jersey?
New Jersey has a Location Quotient of 0.76, meaning the concentration of these professionals is slightly below the national average.
How does the cost of living affect the salary in New Jersey?
With a Cost of Living Index of 112.4, New Jersey is more expensive than the national average, meaning the $138,640 salary has less purchasing power than it would in a lower-cost area.
What is the total number of these professionals in New Jersey?
There are approximately 300 Agents and Business Managers of Artists, Performers, and Athletes working 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 300 employees in the New Jersey area with a job density of 0.07 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Agents and Business Managers of Artists, Performers, and Athletes • Data source: BLS OEWS 2024 •Jobs in New Jersey