SalaryNode

Average Computer Hardware Engineers Salary in New York-Newark-Jersey City, NY-NJ

Computer Hardware Engineers in the New York-Newark-Jersey City, NY-NJ area earn an average annual salary of $140,050. This figure is notably below the national average of $158,430, suggesting that while the region offers significant opportunities, compensation may be influenced by local market dynamics and the specific industry concentration of hardware engineering roles.

Executive Summary

  • Average Salary: $140,050 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $209,710.
  • Outlook: The local workforce for Computer Hardware Engineers comprises 1,390 professionals, with a Location Quotient of 0.3, indicating a lower concentration compared to the national average. This suggests that while the absolute number of engineers is substantial, the field is less specialized within this metropolitan area relative to the rest of the country, potentially impacting demand and salary benchmarks.
2024 Market Data

Salary Overview

$140,050

The average Computer Hardware Engineers in New York-Newark-Jersey City, NY-NJ earns-11.6%below the national average.

BreakdownBased on 40h/week
Hourly

$67.3

Weekly

$2,693

Monthly

$11,671

Computer Hardware Engineers Salary Distribution in New York-Newark-Jersey City, NY-NJ

Salary progression for Computer Hardware Engineers typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior engineers with specialized skills and extensive project portfolios can command salaries well into the upper percentiles, reflecting their expertise and contribution to complex hardware development projects. The gap between entry-level and senior roles highlights clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$85,870$41.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$105,038$50.5
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$136,330$65.5
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$175,063$84.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$209,710$100.8

Detailed Computer Hardware Engineers Market Analysis

Relocation Context

Nominal Salary

$140,050

Gross Pay

Real Wage (Purchasing Power)

$140,050

Adjusted for COL (100)

The average annual salary of $140,050 in the New York-Newark-Jersey City area aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Computer Hardware Engineer's salary in this region is equivalent to that of their national counterparts, offering a balanced financial landscape despite the potentially higher costs associated with urban living.

Job Market Context

1,390

Total Jobs

0.148

Per 1K Jobs

0.3

Location Quotient

Low Concentration

At 0.30x, New York-Newark-Jersey City, NY-NJ has a notably lower concentration of Computer Hardware Engineers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.3, the Computer Hardware Engineer job market in New York-Newark-Jersey City is less concentrated than the national average. This suggests that while there are a considerable number of professionals in the field, it is not a primary hub for this specific specialization. Consequently, the market may be less competitive in terms of sheer numbers of applicants for specialized roles, but potentially more so for generalist positions.

Nearby Job Markets

Nearby Cities for Computer Hardware Engineers

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

Hiring Computer Hardware Engineerss?

Frequently Asked Questions

How much does a Computer Hardware Engineers make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Computer Hardware Engineers in New York-Newark-Jersey City, NY-NJ is $140,050. This typically ranges from $85,870 for entry-level positions to $209,710 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 11.6% lower than the national median of $158,430.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Computer Hardware Engineers?

No, not as lucrative as the national average.The average salary of $140,050 is below the national average of $158,430, indicating lower nominal pay. However, the cost of living matches the national average, making the purchasing power comparable.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Computer Hardware Engineers?

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 Trenton-Princeton, NJ ($127,450) and Bridgeport-Stamford-Danbury, CT.

How does the local workforce size compare nationally?

The local workforce of 1,390 Computer Hardware Engineers is part of a larger national pool, but the Location Quotient of 0.3 signifies a lower concentration of these professionals in the New York-Newark-Jersey City area compared to the national average.

What is the job availability like for Computer Hardware Engineers in this area?

With 0.148 jobs per 1,000 workers, the availability is relatively modest, reflecting the lower concentration (LQ of 0.3) compared to national averages, suggesting a niche market.

Does experience significantly impact salary for Computer Hardware Engineers in NY-NJ?

Yes, experience is a major factor. Entry-level engineers will earn less, while senior engineers with specialized skills and a proven track record can command significantly higher salaries, moving into the upper salary percentiles.

How does the cost of living affect the $140,050 salary?

The cost of living index is 100, which is the national average. This means the $140,050 salary has the same purchasing power as the national average salary, making it neither exceptionally high nor low in real terms.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,390 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.148 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.