Average Operations Research Analysts Salary in New York-Newark-Jersey City, NY-NJ
Operations Research Analysts in the New York-Newark-Jersey City, NY-NJ metropolitan area command an impressive average annual salary of $121,230. This figure significantly outpaces the national average of $99,860, reflecting the high demand and specialized skill set required in this dynamic economic hub. The concentration of major industries and corporate headquarters within this region naturally drives higher compensation for analytical roles.
Executive Summary
- Average Salary: $121,230 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $180,330.
- Outlook: With a local workforce of 6,350 Operations Research Analysts and a Location Quotient of 0.97, the job market in New York-Newark-Jersey City demonstrates a robust presence, nearly matching the national average concentration. This indicates a stable and substantial demand for these professionals, suggesting a healthy environment for both current practitioners and those seeking to enter the field.
Salary Overview
The average Operations Research Analysts in New York-Newark-Jersey City, NY-NJ earns+21.4%above the national average.
$58.3
$2,331
$10,103
Operations Research Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Operations Research Analysts in a major metropolitan area like New York-Newark-Jersey City have experienced consistent growth over the past four years. Factors such as increasing data complexity, the rise of AI, and the continuous need for optimization in business operations typically drive upward salary trends in this specialized field.
Operations Research Analysts Salary Distribution in New York-Newark-Jersey City, NY-NJ
The career trajectory for Operations Research Analysts typically involves significant salary progression with experience. Entry-level positions often start at a lower percentile, while seasoned professionals with a proven track record and advanced analytical skills can command salaries well into the higher percentiles. The widening gap between entry-level and senior salaries clearly signifies substantial career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $62,800 | $30.2 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $90,923 | $43.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $118,320 | $56.9 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $151,538 | $72.9 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $180,330 | $86.7 |
Detailed Operations Research Analysts Market Analysis
Relocation Context
Nominal Salary
$121,230
Gross Pay
Real Wage (Purchasing Power)
$121,230
Adjusted for COL (100)
The nominal average salary of $121,230 in New York-Newark-Jersey City aligns perfectly with the national Cost of Living Index of 100. This means that while the salary is considerably higher than the national average, the cost of living is also on par with the national average, suggesting that the increased earnings provide a purchasing power equivalent to the national standard.
Job Market Context
6,350
Total Jobs
0.678
Per 1K Jobs
0.97
Location Quotient
New York-Newark-Jersey City, NY-NJ has 0.97x the national average concentration of Operations Research Analysts jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.97 for Operations Research Analysts in New York-Newark-Jersey City indicates that the concentration of these professionals is very close to the national average. This suggests a competitive yet accessible job market, where opportunities are plentiful but professionals are not necessarily in oversupply compared to other regions.
Nearby Job Markets
Nearby Cities for Operations Research Analysts
| City | Salary | Dist. |
|---|---|---|
| Kiryas Joel-Poughkeepsie-Newburgh, NY Operations Research Analysts Salary | $90,570↓ 25% | 44 mi |
| Trenton-Princeton, NJ Operations Research Analysts Salary | $119,360↓ 2% | 52 mi |
| Bridgeport-Stamford-Danbury, CT Operations Research Analysts Salary | $100,330↓ 17% | 54 mi |
| New Haven, CT Operations Research Analysts Salary | $103,450↓ 15% | 70 mi |
| Waterbury-Shelton, CT Operations Research Analysts Salary | $81,140↓ 33% | 77 mi |
Comparing salaries near New York-Newark-Jersey City, NY-NJ
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Frequently Asked Questions
How much does a Operations Research Analysts make in New York-Newark-Jersey City, NY-NJ?
The median annual salary for a Operations Research Analysts in New York-Newark-Jersey City, NY-NJ is $121,230. This typically ranges from $62,800 for entry-level positions to $180,330 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 21.4% higher than the national median of $99,860.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Operations Research Analysts?
Yes, it is a highly lucrative place for Operations Research Analysts.The average salary of $121,230 significantly exceeds the national average, and the Cost of Living Index being at the national average means this higher salary offers substantial purchasing power.
Is New York-Newark-Jersey City, NY-NJ a good place to live for Operations Research Analysts?
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 ($90,570) and Trenton-Princeton, NJ.
How does the salary compare to the national average?
The average salary for Operations Research Analysts in New York-Newark-Jersey City is $121,230, which is notably higher than the national average of $99,860.
What is the Cost of Living in New York-Newark-Jersey City for Operations Research Analysts?
The Cost of Living Index for this region is 100, which is exactly the national average. This means the higher salary offers purchasing power equivalent to the national average.
How concentrated is the job market for Operations Research Analysts in this area?
The job market is nearly as concentrated as the national average, with a Location Quotient of 0.97, indicating a stable and substantial demand for these professionals.
What is the total number of Operations Research Analysts in this region?
There are approximately 6,350 Operations Research Analysts employed in the New York-Newark-Jersey City, NY-NJ 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 6,350 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.678 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Operations Research Analysts • Data source: BLS OEWS 2024 •Jobs in New York-Newark-Jersey City, NY-NJ