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Average All Occupations Salary in New Jersey

In New Jersey, the average annual salary for All Occupations stands at a robust $76,320, significantly exceeding the national average of $67,140. This higher compensation is often dictated by the state's dynamic economic landscape, strong industrial base, and a higher cost of living that necessitates greater earning potential for its workforce.

Executive Summary

  • Average Salary: $76,320 per year.
  • Growth Trend: Salaries have shifted 19.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $137,680.
  • Outlook: New Jersey boasts a substantial workforce of 4,250,430 individuals, indicating a large and active labor market. With a Location Quotient of 1, the concentration of All Occupations roles in New Jersey mirrors the national average, suggesting a stable and consistent demand for these positions within the state's economy.
2024 Market Data

Salary Overview

$76,320

The average All Occupations in New Jersey earns+13.7%above the national average.

BreakdownBased on 40h/week
Hourly

$36.7

Weekly

$1,468

Monthly

$6,360

All Occupations Salary Distribution in New Jersey

Salary progression for All Occupations in New Jersey typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior roles command salaries in the upper percentiles. The widening gap between entry-level and senior salaries signifies clear career progression pathways and the increasing value placed on specialized skills and extensive experience.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$33,010$15.9
ExperiencedProficient professional working independently.25% (Junior)$57,240$27.5
Mid-LevelEstablished expert. Standard market value.50% (Median)$57,230$27.5
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$95,400$45.9
Top TierIndustry leader / Executive level compensation.90% (Expert)$137,680$66.2

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$76,320

Gross Pay

Real Wage (Purchasing Power)

$67,900

Adjusted for COL (112.4)

The average annual salary of $76,320 in New Jersey must be considered in light of its Cost of Living Index of 112.4. While the nominal salary is higher than the national average, the increased cost of goods and services means that the purchasing power of this salary is somewhat moderated compared to states with a lower cost of living.

Job Market Context

4,250,430

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, New Jersey has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A Location Quotient of 1 for All Occupations in New Jersey indicates that the proportion of these jobs within the state is exactly in line with the national average. This suggests a balanced job market where the supply and demand for All Occupations are relatively stable and not disproportionately concentrated or scarce compared to the rest of the country.

Nearby Job Markets

Nearby Cities for All Occupations

CitySalaryDist.
Trenton-Princeton, NJ All Occupations Salary$80,810↑ 6%14 mi
New York-Newark-Jersey City, NY-NJ All Occupations Salary$84,560↑ 11%39 mi
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD All Occupations Salary$69,620↓ 9%42 mi
Allentown-Bethlehem-Easton, PA-NJ All Occupations Salary$61,980↓ 19%54 mi
Vineland, NJ All Occupations Salary$60,300↓ 21%63 mi

Comparing salaries near New Jersey

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in New Jersey?

The median annual salary for a All Occupations in New Jersey is $76,320. This typically ranges from $33,010 for entry-level positions to $137,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Jersey is 13.7% higher than the national median of $67,140.

Is New Jersey a lucrative place for All Occupationss?

Yes, New Jersey offers a lucrative environment for All Occupations.The average salary of $76,320 significantly surpasses the national average, providing a strong earning potential despite a higher cost of living.

Is New Jersey a good place to live for All Occupations?

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 Trenton-Princeton, NJ ($80,810) and New York-Newark-Jersey City, NY-NJ.

How does New Jersey's average salary compare to the national average?

The average annual salary for All Occupations in New Jersey is $76,320, which is notably higher than the national average of $67,140.

What is the total workforce size in New Jersey for All Occupations?

New Jersey supports a substantial workforce of 4,250,430 individuals across all occupations.

How does the cost of living in New Jersey affect salary perception?

With a Cost of Living Index of 112.4, New Jersey is more expensive than the national average, meaning the higher salary of $76,320 has slightly reduced purchasing power compared to lower-cost states.

Is the concentration of All Occupations jobs high in New Jersey?

The Location Quotient of 1 indicates that the concentration of All Occupations jobs in New Jersey is exactly at the national average, suggesting a balanced job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,250,430 employees in the New Jersey area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in New Jersey