SalaryNode

Average Ophthalmologists, Except Pediatric Salary in New Jersey

Ophthalmologists, Except Pediatric, in New Jersey earn an impressive average annual salary of $303,160, aligning almost perfectly with the national average of $303,110. While the salaries are comparable, the specific economic landscape and demand within New Jersey likely contribute to maintaining this high compensation level for specialized medical professionals.

Executive Summary

  • Average Salary: $303,160 per year.
  • Growth Trend: Salaries have shifted 36.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $454,740.
  • Outlook: With a total local workforce of 230, the market for Ophthalmologists, Except Pediatric, in New Jersey appears stable, though not heavily concentrated compared to national averages (Location Quotient of 0.69). This suggests a consistent, albeit not exceptionally high, demand for these specialists within the state.
2024 Market Data

Salary Overview

$303,160

The average Ophthalmologists, Except Pediatric in New Jersey earns+0.0%above the national average.

BreakdownBased on 40h/week
Hourly

$145.8

Weekly

$5,830

Monthly

$25,263

Ophthalmologists, Except Pediatric Salary Distribution in New Jersey

Salary progression for Ophthalmologists, Except Pediatric, typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and a strong patient base can expect to reach the higher percentiles, reflecting their accumulated expertise and value.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$125,740$60.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$227,370$109.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$303,160$145.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$378,950$182.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$454,740$218.6

Detailed Ophthalmologists, Except Pediatric Market Analysis

Relocation Context

Nominal Salary

$303,160

Gross Pay

Real Wage (Purchasing Power)

$269,715

Adjusted for COL (112.4)

The nominal average salary of $303,160 in New Jersey is substantial, but it must be considered against the state's Cost of Living Index of 112.4. This indicates that while the gross income is high, the purchasing power may be slightly diminished compared to areas with a lower cost of living, requiring careful financial planning.

Job Market Context

230

Total Jobs

0.054

Per 1K Jobs

0.69

Location Quotient

Below Average

New Jersey has 0.69x the national average concentration of Ophthalmologists, Except Pediatric jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.69 suggests that Ophthalmologists, Except Pediatric, are less concentrated in New Jersey than the national average. This implies that while there is a presence of these professionals, the job market may not be saturated, potentially offering good opportunities for qualified individuals.

Nearby Job Markets

Nearby Cities for Ophthalmologists, Except Pediatric

Comparing salaries near New Jersey

Hiring Ophthalmologists, Except Pediatrics?

Frequently Asked Questions

How much does a Ophthalmologists, Except Pediatric make in New Jersey?

The median annual salary for a Ophthalmologists, Except Pediatric in New Jersey is $303,160. This typically ranges from $125,740 for entry-level positions to $454,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Jersey is 0.0% higher than the national median of $303,110.

Is New Jersey a lucrative place for Ophthalmologists, Except Pediatrics?

Yes, with caveats.New Jersey offers a high average salary for Ophthalmologists, Except Pediatrics, nearly matching the national average. However, the cost of living is above the national average, which should be factored into the overall lucrativeness.

Is New Jersey a good place to live for Ophthalmologists, Except Pediatrics?

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 ($362,770) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

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

The average annual salary for Ophthalmologists, Except Pediatric, in New Jersey is $303,160, which is virtually identical to the national average of $303,110.

What is the concentration of Ophthalmologists, Except Pediatric, in New Jersey?

The concentration, measured by the Location Quotient, is 0.69, indicating that these specialists are less concentrated in New Jersey compared to the national average.

How does the cost of living in New Jersey affect the ophthalmologist salary?

New Jersey's Cost of Living Index is 112.4, meaning it is 12.4% more expensive than the national average. This higher cost of living slightly reduces the effective purchasing power of the $303,160 average salary.

What does the job market look like for Ophthalmologists, Except Pediatric, in New Jersey?

The job market appears stable with a workforce of 230, and a lower-than-average concentration suggests consistent demand without oversaturation.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the New Jersey area with a job density of 0.054 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.