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Average Gambling Dealers Salary in New Jersey

Gambling Dealers in New Jersey earn an impressive average annual salary of $44,540, significantly outpacing the national average of $39,000. This elevated compensation is directly influenced by the state's robust casino industry and the specialized demand for skilled professionals in this sector.

Executive Summary

  • Average Salary: $44,540 per year.
  • Growth Trend: Salaries have shifted 29.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $72,320.
  • Outlook: With a local workforce of 3,300 Gambling Dealers and a Location Quotient of 1.44, New Jersey demonstrates a strong concentration of these roles compared to the national average. This indicates a healthy and potentially growing job market for individuals in this profession within the state.
2024 Market Data

Salary Overview

$44,540

The average Gambling Dealers in New Jersey earns+14.2%above the national average.

BreakdownBased on 40h/week
Hourly

$21.4

Weekly

$857

Monthly

$3,712

Gambling Dealers Salary Distribution in New Jersey

As with most professions, experience plays a crucial role in a Gambling Dealer's earning potential. Entry-level positions typically offer a lower starting salary, while seasoned dealers with expertise in various games and exceptional customer service skills can command significantly higher pay, reflected in the upper salary percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$31,470$15.1
ExperiencedProficient professional working independently.25% (Junior)$33,405$16.1
Mid-LevelEstablished expert. Standard market value.50% (Median)$36,560$17.6
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$55,675$26.8
Top TierIndustry leader / Executive level compensation.90% (Expert)$72,320$34.8

Detailed Gambling Dealers Market Analysis

Relocation Context

Nominal Salary

$44,540

Gross Pay

Real Wage (Purchasing Power)

$39,626

Adjusted for COL (112.4)

The average annual salary of $44,540 in New Jersey needs to be considered alongside its Cost of Living Index of 112.4. While the salary is above the national average, the higher cost of living means that the purchasing power of this salary will be somewhat diminished compared to areas with a lower cost of living.

Job Market Context

3,300

Total Jobs

0.777

Per 1K Jobs

1.44

Location Quotient

Above Average

With a location quotient of 1.44, New Jersey has a slightly higher-than-average concentration of Gambling Dealers roles compared to the national norm.

A Location Quotient of 1.44 signifies that Gambling Dealer roles are 44% more concentrated in New Jersey than the national average. This suggests a more competitive market for employers seeking talent but also indicates a more abundant opportunity pool for job seekers within the state.

Nearby Job Markets

Nearby Cities for Gambling Dealers

Comparing salaries near New Jersey

Hiring Gambling Dealerss?

Frequently Asked Questions

How much does a Gambling Dealers make in New Jersey?

The median annual salary for a Gambling Dealers in New Jersey is $44,540. This typically ranges from $31,470 for entry-level positions to $72,320 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Jersey is 14.2% higher than the national median of $39,000.

Is New Jersey a lucrative place for Gambling Dealers?

Yes, New Jersey offers a lucrative environment for Gambling Dealers.The average salary significantly exceeds the national average, and the high concentration of these roles indicates strong demand within the state's thriving casino industry.

Is New Jersey a good place to live for Gambling Dealers?

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 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($40,930) and others.

What is the average salary for a Gambling Dealer in New Jersey?

The average annual salary for a Gambling Dealer in New Jersey is $44,540.

How does New Jersey's salary compare to the national average for Gambling Dealers?

Gambling Dealers in New Jersey earn approximately $5,540 more annually than the national average of $39,000.

What does a Location Quotient of 1.44 mean for Gambling Dealers in New Jersey?

A Location Quotient of 1.44 indicates that Gambling Dealer jobs are 44% more concentrated in New Jersey compared to the national average, suggesting a robust local job market.

How does the cost of living in New Jersey affect a Gambling Dealer's salary?

With a Cost of Living Index of 112.4, New Jersey is more expensive than the national average, meaning the $44,540 salary will have slightly less purchasing power than in a lower-cost area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,300 employees in the New Jersey area with a job density of 0.777 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.