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Average Data Scientists Salary in Trenton-Princeton, NJ

Data Scientists in the Trenton-Princeton, NJ area earn an impressive average annual salary of $131,860, slightly surpassing the national average of $126,010. This localized premium is often driven by the specific industry demands and the concentration of specialized roles within the region, necessitating a competitive compensation structure to attract and retain top talent.

Executive Summary

  • Average Salary: $131,860 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $193,750.
  • Outlook: With a local workforce of 370 Data Scientists and a Location Quotient of 1.02, the job market in Trenton-Princeton, NJ, indicates a stable and slightly above-average concentration of these professionals. This suggests a healthy demand for data science expertise, with the number of jobs per 1,000 workers at 1.54, reflecting a consistent need for analytical talent within the local economic landscape.
2024 Market Data

Salary Overview

$131,860

The average Data Scientists in Trenton-Princeton, NJ earns+4.6%above the national average.

BreakdownBased on 40h/week
Hourly

$63.4

Weekly

$2,536

Monthly

$10,988

Data Scientists Salary Distribution in Trenton-Princeton, NJ

Salary progression for Data Scientists in Trenton-Princeton, NJ, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles underscores the substantial career advancement and earning potential available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$75,290$36.2
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$98,895$47.5
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$130,590$62.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$164,825$79.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$193,750$93.1

Detailed Data Scientists Market Analysis

Relocation Context

Nominal Salary

$131,860

Gross Pay

Real Wage (Purchasing Power)

$131,860

Adjusted for COL (100)

The average annual salary of $131,860 in Trenton-Princeton, NJ, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Data Scientist's salary in this region is equivalent to the national average, offering a stable financial standing without the added pressure of a significantly higher cost of living.

Job Market Context

370

Total Jobs

1.54

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Trenton-Princeton, NJ has a slightly higher-than-average concentration of Data Scientists roles compared to the national norm.

A Location Quotient of 1.02 for Data Scientists in Trenton-Princeton, NJ, signifies that the concentration of these professionals is just slightly above the national average. This indicates a competitive yet accessible job market, where demand is present and slightly more concentrated than in many other areas, suggesting good opportunities for skilled individuals.

Nearby Job Markets

Nearby Cities for Data Scientists

Comparing salaries near Trenton-Princeton, NJ

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Frequently Asked Questions

How much does a Data Scientists make in Trenton-Princeton, NJ?

The median annual salary for a Data Scientists in Trenton-Princeton, NJ is $131,860. This typically ranges from $75,290 for entry-level positions to $193,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Trenton-Princeton, NJ is 4.6% higher than the national median of $126,010.

Is Trenton-Princeton, NJ a lucrative place for Data Scientists?

Yes, Trenton-Princeton, NJ is a lucrative place for Data Scientists.The average salary of $131,860 is higher than the national average, and the cost of living is on par with the national average, offering excellent purchasing power.

Is Trenton-Princeton, NJ a good place to live for Data Scientists?

The Cost of Living Index in Trenton-Princeton, NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Trenton-Princeton, NJ?

Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($118,310) and Allentown-Bethlehem-Easton, PA-NJ.

How does the Data Scientist salary in Trenton-Princeton compare to the national average?

The average annual salary for Data Scientists in Trenton-Princeton, NJ is $131,860, which is slightly higher than the national average of $126,010.

What is the Cost of Living in Trenton-Princeton, NJ for Data Scientists?

The Cost of Living Index in Trenton-Princeton, NJ is 100, which is exactly the national average, meaning your salary has average purchasing power.

How concentrated is the Data Scientist job market in Trenton-Princeton, NJ?

The job market is slightly more concentrated than the national average, with a Location Quotient of 1.02, indicating a healthy presence of Data Scientist roles.

What is the total number of Data Scientists employed in Trenton-Princeton, NJ?

There are approximately 370 Data Scientists employed in the Trenton-Princeton, NJ area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Trenton-Princeton, NJ area with a job density of 1.54 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.