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Average Gambling Change Persons and Booth Cashiers Salary in New Jersey

Gambling Change Persons and Booth Cashiers in New Jersey earn an average annual salary of $37,020, surpassing the national average of $34,340. This elevated compensation is influenced by New Jersey's specific economic landscape and the concentration of the gaming industry within the state, which often commands higher pay rates for specialized roles.

Executive Summary

  • Average Salary: $37,020 per year.
  • Growth Trend: Salaries have shifted 5.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,060.
  • Outlook: The job market for Gambling Change Persons and Booth Cashiers in New Jersey, while modest in size with a total local workforce of 330, shows a notable concentration. The Location Quotient of 0.55 indicates that this role is less prevalent than the national average, suggesting a specialized niche rather than widespread demand, but the existing workforce points to established operational needs within the state's gaming sector.
2024 Market Data

Salary Overview

$37,020

The average Gambling Change Persons and Booth Cashiers in New Jersey earns+7.8%above the national average.

BreakdownBased on 40h/week
Hourly

$17.8

Weekly

$712

Monthly

$3,085

Gambling Change Persons and Booth Cashiers Salary Distribution in New Jersey

Career progression for Gambling Change Persons and Booth Cashiers typically involves moving from entry-level positions to more senior roles, which often come with increased responsibilities and higher pay. While specific percentile data isn't available, the typical salary range allows for significant earning potential as experience and tenure increase, with senior staff commanding salaries well above the average.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$31,470$15.1
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$27,765$13.3
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$36,250$17.4
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$46,275$22.2
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$47,060$22.6

Detailed Gambling Change Persons and Booth Cashiers Market Analysis

Relocation Context

Nominal Salary

$37,020

Gross Pay

Real Wage (Purchasing Power)

$32,936

Adjusted for COL (112.4)

The nominal average salary of $37,020 in New Jersey for this role must be considered alongside the local Cost of Living Index of 112.4. This index, which is 12.4% higher than the national average, suggests that while the gross salary is higher than the national average, the purchasing power may be somewhat diminished due to the increased cost of goods and services in the state.

Job Market Context

330

Total Jobs

0.078

Per 1K Jobs

0.55

Location Quotient

Below Average

New Jersey has 0.55x the national average concentration of Gambling Change Persons and Booth Cashiers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.55, the market for Gambling Change Persons and Booth Cashiers in New Jersey is less concentrated than the national average. This suggests that while opportunities exist, they are not as abundant relative to the general workforce compared to other states, indicating a more specialized and potentially competitive environment for job seekers.

Nearby Job Markets

Nearby Cities for Gambling Change Persons and Booth Cashiers

Comparing salaries near New Jersey

Hiring Gambling Change Persons and Booth Cashierss?

Frequently Asked Questions

How much does a Gambling Change Persons and Booth Cashiers make in New Jersey?

The median annual salary for a Gambling Change Persons and Booth Cashiers in New Jersey is $37,020. This typically ranges from $31,470 for entry-level positions to $47,060 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Jersey is 7.8% higher than the national median of $34,340.

Is New Jersey a lucrative place for Gambling Change Persons and Booth Cashierss?

Yes, with caveats.The average salary of $37,020 is higher than the national average, but the cost of living is also above average, requiring careful financial consideration.

Is New Jersey a good place to live for Gambling Change Persons and Booth Cashiers?

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 New York-Newark-Jersey City, NY-NJ ($70,820) and others.

How does the New Jersey salary compare to the national average?

Gambling Change Persons and Booth Cashiers in New Jersey earn approximately $2,680 more annually than their national counterparts, with an average salary of $37,020 compared to the national average of $34,340.

What is the concentration of this job in New Jersey?

The Location Quotient of 0.55 indicates that this profession is less concentrated in New Jersey compared to the national average, suggesting a specialized industry presence.

How does the cost of living affect the salary?

New Jersey's cost of living is 12.4% higher than the national average, meaning the $37,020 salary may offer less purchasing power than it appears when compared to states with a lower cost of living.

What does the total local workforce number signify?

The total local workforce of 330 for this specific role indicates a relatively small but established presence within New Jersey's employment landscape.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the New Jersey area with a job density of 0.078 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.