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Average Financial Specialists, All Other Salary in Trenton-Princeton, NJ

Financial Specialists, All Other in the Trenton-Princeton, NJ area earn an average annual salary of $90,250. This figure is slightly below the national average of $94,320, suggesting a localized market dynamic that influences compensation. Factors such as regional economic conditions and the specific demand within the Trenton-Princeton metropolitan area likely contribute to this pay scale.

Executive Summary

  • Average Salary: $90,250 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $123,410.
  • Outlook: The Trenton-Princeton area demonstrates a robust concentration of Financial Specialists, All Other, with a Location Quotient of 4.85, indicating a significantly higher presence than the national average. The local workforce comprises 960 professionals in this role, translating to 4.005 jobs per 1,000 workers, underscoring a strong and established demand for these financial experts within the region.
2024 Market Data

Salary Overview

$90,250

The average Financial Specialists, All Other in Trenton-Princeton, NJ earns-4.3%below the national average.

BreakdownBased on 40h/week
Hourly

$43.4

Weekly

$1,736

Monthly

$7,521

Financial Specialists, All Other Salary Distribution in Trenton-Princeton, NJ

Salary progression for Financial Specialists, All Other in Trenton-Princeton typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive expertise and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and the value placed on accumulated knowledge and proven performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$59,780$28.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,688$32.5
ManagerOversees team, compliance, and project delivery.50% (Median)$86,540$41.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$112,813$54.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$123,410$59.3

Detailed Financial Specialists, All Other Market Analysis

Relocation Context

Nominal Salary

$90,250

Gross Pay

Real Wage (Purchasing Power)

$90,250

Adjusted for COL (100)

For professionals considering a move to Trenton-Princeton, the average salary of $90,250 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering a stable financial foundation without the added pressure of higher or lower living expenses.

Job Market Context

960

Total Jobs

4.005

Per 1K Jobs

4.85

Location Quotient

Major Hub

Trenton-Princeton, NJ has 4.8x the national concentration of Financial Specialists, All Other jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The exceptionally high Location Quotient of 4.85 for Financial Specialists, All Other in Trenton-Princeton signifies a highly concentrated job market. This suggests that the region is a significant hub for this profession, potentially offering abundant opportunities but also indicating a competitive environment where specialized skills are highly valued.

Nearby Job Markets

Nearby Cities for Financial Specialists, All Other

CitySalaryDist.
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Financial Specialists, All Other Salary$100,040↑ 11%28 mi
Allentown-Bethlehem-Easton, PA-NJ Financial Specialists, All Other Salary$85,790↓ 5%45 mi
New York-Newark-Jersey City, NY-NJ Financial Specialists, All Other Salary$152,750↑ 69%52 mi
Vineland, NJ Financial Specialists, All Other Salary$90,560↑ 0%54 mi
Atlantic City-Hammonton, NJ Financial Specialists, All Other Salary$91,060↑ 1%61 mi

Comparing salaries near Trenton-Princeton, NJ

Hiring Financial Specialists, All Others?

Frequently Asked Questions

How much does a Financial Specialists, All Other make in Trenton-Princeton, NJ?

The median annual salary for a Financial Specialists, All Other in Trenton-Princeton, NJ is $90,250. This typically ranges from $59,780 for entry-level positions to $123,410 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Trenton-Princeton, NJ is 4.3% lower than the national median of $94,320.

Is Trenton-Princeton, NJ a lucrative place for Financial Specialists, All Others?

Yes, with a caveat.The average salary is competitive, and the cost of living is at the national average, making it financially stable. However, it is slightly below the national salary average for this role.

Is Trenton-Princeton, NJ a good place to live for Financial Specialists, All Others?

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 ($100,040) and Allentown-Bethlehem-Easton, PA-NJ.

How does the local salary compare to the national average?

The average annual salary for Financial Specialists, All Other in Trenton-Princeton is $90,250, which is slightly lower than the national average of $94,320.

What is the concentration of Financial Specialists in Trenton-Princeton?

Trenton-Princeton has a high concentration of Financial Specialists, All Other, indicated by a Location Quotient of 4.85, meaning the area has nearly five times the national average presence of these professionals.

How does the cost of living affect the salary in Trenton-Princeton?

The Cost of Living Index in Trenton-Princeton is 100, which is the national average. This means the $90,250 salary has the same purchasing power as the national average salary in a national average cost of living area.

What does the total local workforce number mean for job seekers?

With 960 Financial Specialists, All Other in the local workforce, it indicates a substantial pool of professionals, suggesting a mature market with potential for both opportunities and competition.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 960 employees in the Trenton-Princeton, NJ area with a job density of 4.005 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Financial Specialists, All Other • Data source: BLS OEWS 2024 •Jobs in Trenton-Princeton, NJ