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Average Cargo and Freight Agents Salary in New York-Newark-Jersey City, NY-NJ

Cargo and Freight Agents in the New York-Newark-Jersey City, NY-NJ metropolitan area command an impressive average annual salary of $65,660. This figure significantly surpasses the national average of $55,390, indicating a robust demand and higher compensation for professionals in this vital economic region. The strategic importance of the New York-Newark-Jersey City area as a major transportation and trade hub directly influences this elevated pay scale.

Executive Summary

  • Average Salary: $65,660 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $87,510.
  • Outlook: The local job market for Cargo and Freight Agents in New York-Newark-Jersey City appears robust, evidenced by a total local workforce of 7,020 individuals. With a Location Quotient of 1.18, the concentration of these roles in the area is 18% higher than the national average, suggesting a strong and potentially growing demand for skilled professionals in this sector.
2024 Market Data

Salary Overview

$65,660

The average Cargo and Freight Agents in New York-Newark-Jersey City, NY-NJ earns+18.5%above the national average.

BreakdownBased on 40h/week
Hourly

$31.6

Weekly

$1,263

Monthly

$5,472

Cargo and Freight Agents Salary Distribution in New York-Newark-Jersey City, NY-NJ

Career progression for Cargo and Freight Agents typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in salary distribution clearly signify the substantial career advancement and earning potential available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,490$20.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$49,245$23.7
ManagerOversees team, compliance, and project delivery.50% (Median)$62,590$30.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$82,075$39.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$87,510$42.1

Detailed Cargo and Freight Agents Market Analysis

Relocation Context

Nominal Salary

$65,660

Gross Pay

Real Wage (Purchasing Power)

$65,660

Adjusted for COL (100)

The average annual salary of $65,660 for Cargo and Freight Agents in the New York-Newark-Jersey City area aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is comparable to the national standard, offering a balanced financial landscape for residents.

Job Market Context

7,020

Total Jobs

0.75

Per 1K Jobs

1.18

Location Quotient

Above Average

With a location quotient of 1.18, New York-Newark-Jersey City, NY-NJ has a slightly higher-than-average concentration of Cargo and Freight Agents roles compared to the national norm.

A Location Quotient of 1.18 indicates that Cargo and Freight Agents are more concentrated in the New York-Newark-Jersey City area than the national average. This suggests a healthy and competitive job market where demand for these professionals is slightly elevated, offering good opportunities for both new entrants and experienced individuals.

Nearby Job Markets

Nearby Cities for Cargo and Freight Agents

Comparing salaries near New York-Newark-Jersey City, NY-NJ

Hiring Cargo and Freight Agentss?

Frequently Asked Questions

How much does a Cargo and Freight Agents make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Cargo and Freight Agents in New York-Newark-Jersey City, NY-NJ is $65,660. This typically ranges from $43,490 for entry-level positions to $87,510 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York-Newark-Jersey City, NY-NJ is 18.5% higher than the national median of $55,390.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Cargo and Freight Agentss?

Yes, it is a lucrative place for Cargo and Freight Agents.Cargo and Freight Agents in this region earn a higher average salary than the national average, and the concentration of these jobs is above the national norm.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Cargo and Freight Agents?

The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?

Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($58,470) and Trenton-Princeton, NJ.

How does the local salary compare to the national average?

The average annual salary for Cargo and Freight Agents in New York-Newark-Jersey City is $65,660, which is notably higher than the national average of $55,390.

What is the job concentration for Cargo and Freight Agents in this area?

The job concentration, measured by the Location Quotient, is 1.18, indicating that Cargo and Freight Agents are 18% more prevalent in this region compared to the national average.

How does the cost of living affect the salary?

The Cost of Living Index in New York-Newark-Jersey City is 100, matching the national average. Therefore, the higher nominal salary of $65,660 offers a purchasing power equivalent to the national average.

What is the total number of Cargo and Freight Agents in the local workforce?

There are approximately 7,020 Cargo and Freight Agents employed within the New York-Newark-Jersey City metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,020 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.75 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.