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Average Counter and Rental Clerks Salary in New Jersey

Counter and Rental Clerks in New Jersey earn an average annual salary of $47,210, surpassing the national average of $43,680. This higher compensation is often a reflection of New Jersey's robust economic landscape and the specific demands of its local industries, which necessitate a competitive wage to attract and retain qualified personnel.

Executive Summary

  • Average Salary: $47,210 per year.
  • Growth Trend: Salaries have shifted 29.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,020.
  • Outlook: With a local workforce of 10,430 Counter and Rental Clerks, New Jersey demonstrates a significant presence in this sector. The location quotient of 0.95 suggests that the concentration of these roles in New Jersey is nearly on par with the national average, indicating a stable and consistent demand for these services within the state's economy.
2024 Market Data

Salary Overview

$47,210

The average Counter and Rental Clerks in New Jersey earns+8.1%above the national average.

BreakdownBased on 40h/week
Hourly

$22.7

Weekly

$908

Monthly

$3,934

Counter and Rental Clerks Salary Distribution in New Jersey

Career progression for Counter and Rental Clerks typically involves a 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 significantly above the average, reflecting their increased value and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$31,920$15.3
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$35,408$17
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$45,260$21.8
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$59,013$28.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$63,020$30.3

Detailed Counter and Rental Clerks Market Analysis

Relocation Context

Nominal Salary

$47,210

Gross Pay

Real Wage (Purchasing Power)

$42,002

Adjusted for COL (112.4)

The average annual salary of $47,210 in New Jersey needs to be considered alongside its Cost of Living Index of 112.4. This index, which is 12.4% higher than the national average, means that while the nominal salary is higher, the purchasing power of that income is somewhat diminished due to the increased cost of goods and services in the state.

Job Market Context

10,430

Total Jobs

2.453

Per 1K Jobs

0.95

Location Quotient

Below Average

New Jersey has 0.95x the national average concentration of Counter and Rental Clerks 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 0.95 indicates that Counter and Rental Clerk positions are present in New Jersey at a rate very close to the national average. This suggests a balanced job market where opportunities exist but are not overwhelmingly concentrated, implying a moderate level of competition for available roles.

Nearby Job Markets

Hiring Counter and Rental Clerkss?

Frequently Asked Questions

How much does a Counter and Rental Clerks make in New Jersey?

The median annual salary for a Counter and Rental Clerks in New Jersey is $47,210. This typically ranges from $31,920 for entry-level positions to $63,020 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Jersey is 8.1% higher than the national median of $43,680.

Is New Jersey a lucrative place for Counter and Rental Clerks?

Yes, with caveats.Counter and Rental Clerks in New Jersey earn more than the national average, but the higher cost of living means the increased salary doesn't stretch as far.

Is New Jersey a good place to live for Counter and Rental Clerks?

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 ($45,290) and New York-Newark-Jersey City, NY-NJ.

How does the number of jobs per 1,000 workers compare nationally?

New Jersey has 2.453 jobs per 1,000 workers for Counter and Rental Clerks, which is slightly below the national average, suggesting a stable but not exceptionally high density of these roles.

What is the significance of the Location Quotient being 0.95?

A Location Quotient of 0.95 means that Counter and Rental Clerk jobs are slightly less concentrated in New Jersey compared to the national average. This indicates a market that is close to the national norm in terms of job availability relative to the workforce.

How does the Cost of Living in New Jersey affect the salary?

The Cost of Living Index of 112.4 means that everyday expenses are higher in New Jersey than the national average. Therefore, the higher salary of $47,210 is necessary to maintain a comparable standard of living.

What does the total local workforce size of 10,430 imply?

A workforce of 10,430 Counter and Rental Clerks signifies a substantial presence of this profession within New Jersey, indicating a consistent demand for these services across various industries in the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,430 employees in the New Jersey area with a job density of 2.453 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.