Average Human Resources Managers Salary in New York-Newark-Jersey City, NY-NJ
Human Resources Managers in the New York-Newark-Jersey City, NY-NJ metropolitan area command an impressive average annual salary of $199,270. This figure significantly outpaces the national average of $164,620, reflecting the region's robust economic activity and high demand for skilled HR professionals. The concentration of major corporations and diverse industries within this dynamic area directly influences the elevated compensation for these critical roles.
Executive Summary
- Average Salary: $199,270 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $298,905.
- Outlook: The job market for Human Resources Managers in New York-Newark-Jersey City appears robust, supported by a substantial local workforce of 17,240 professionals. A Location Quotient of 1.32 indicates a higher concentration of these roles compared to the national average, suggesting strong and consistent demand. The rate of 1.842 jobs per 1,000 workers further underscores the presence of ample opportunities within this key metropolitan hub.
Salary Overview
The average Human Resources Managers in New York-Newark-Jersey City, NY-NJ earns+21.0%above the national average.
$95.8
$3,832
$16,606
Human Resources Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Human Resources Managers in a major economic center like New York-Newark-Jersey City have experienced consistent growth over the past four years. Factors such as inflation, evolving HR best practices, and increasing demand for strategic HR leadership likely contribute to an upward trend in compensation, mirroring broader economic expansion and the increasing strategic importance of HR functions.
Human Resources Managers Salary Distribution in New York-Newark-Jersey City, NY-NJ
Salary progression for Human Resources Managers in this region typically shows a significant increase with experience. Entry-level positions might start considerably lower than the average, while senior HR leaders, VPs, and Chief Human Resources Officers can command salaries well into the six figures, often exceeding $250,000. The substantial gap between the lower and upper salary percentiles highlights clear career advancement pathways and the significant earning potential for seasoned HR professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $102,510 | $49.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $149,453 | $71.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $176,290 | $84.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $249,088 | $119.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $298,905 | $143.7 |
Detailed Human Resources Managers Market Analysis
Relocation Context
Nominal Salary
$199,270
Gross Pay
Real Wage (Purchasing Power)
$199,270
Adjusted for COL (100)
The average annual salary of $199,270 for Human Resources Managers in the New York-Newark-Jersey City area is particularly attractive when considered against the local Cost of Living Index of 100, which is precisely the national average. This means that the higher nominal salary translates directly into strong purchasing power, allowing professionals to enjoy a comparable standard of living to the national average while earning significantly more.
Job Market Context
17,240
Total Jobs
1.842
Per 1K Jobs
1.32
Location Quotient
With a location quotient of 1.32, New York-Newark-Jersey City, NY-NJ has a slightly higher-than-average concentration of Human Resources Managers roles compared to the national norm.
With a Location Quotient of 1.32, the New York-Newark-Jersey City metropolitan area demonstrates a notable concentration of Human Resources Manager positions relative to the national landscape. This suggests a competitive yet abundant job market where demand for skilled HR professionals is higher than the national average, offering more opportunities and potentially driving up compensation levels for qualified candidates.
Nearby Job Markets
Nearby Cities for Human Resources Managers
| City | Salary | Dist. |
|---|---|---|
| Kiryas Joel-Poughkeepsie-Newburgh, NY Human Resources Managers Salary | $154,940↓ 22% | 44 mi |
| Trenton-Princeton, NJ Human Resources Managers Salary | $172,950↓ 13% | 52 mi |
| Bridgeport-Stamford-Danbury, CT Human Resources Managers Salary | $190,690↓ 4% | 54 mi |
| New Haven, CT Human Resources Managers Salary | $149,490↓ 25% | 70 mi |
| Waterbury-Shelton, CT Human Resources Managers Salary | $140,260↓ 30% | 77 mi |
Comparing salaries near New York-Newark-Jersey City, NY-NJ
Hiring Human Resources Managerss?
Frequently Asked Questions
How much does a Human Resources Managers make in New York-Newark-Jersey City, NY-NJ?
The median annual salary for a Human Resources Managers in New York-Newark-Jersey City, NY-NJ is $199,270. This typically ranges from $102,510 for entry-level positions to $298,905 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 21.0% higher than the national median of $164,620.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Human Resources Managers?
Yes, it is a highly lucrative area for Human Resources Managers.The average salary of $199,270 significantly exceeds the national average, and the cost of living is at the national average, indicating strong earning potential and purchasing power.
Is New York-Newark-Jersey City, NY-NJ a good place to live for Human Resources Managers?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?
Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($154,940) and Trenton-Princeton, NJ.
How does the HR Manager salary in NY-NJ compare to the national average?
The average salary for HR Managers in the NY-NJ area is $199,270, which is approximately $34,650 higher than the national average of $164,620.
What is the significance of the Location Quotient (LQ) for HR Managers in this region?
An LQ of 1.32 indicates that HR Manager roles are 32% more concentrated in the NY-NJ area than the national average, suggesting higher demand and a more robust job market for these professionals.
Does the cost of living in NY-NJ affect the purchasing power of an HR Manager's salary?
No, the cost of living in NY-NJ is at the national average (100), meaning the higher nominal salary of $199,270 offers excellent purchasing power compared to the national standard.
How many HR Managers are employed in the New York-Newark-Jersey City area?
There are approximately 17,240 Human Resources Managers employed within the New York-Newark-Jersey City metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 17,240 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 1.842 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Human Resources Managers • Data source: BLS OEWS 2024 •Jobs in New York-Newark-Jersey City, NY-NJ