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Average Ship Engineers Salary in New York-Newark-Jersey City, NY-NJ

Ship Engineers in the New York-Newark-Jersey City, NY-NJ metropolitan area earn an impressive average annual salary of $124,990. This figure significantly surpasses the national average of $109,280, indicating a strong demand and higher compensation for these specialized roles within this key economic hub. The concentration of maritime activity and related industries in this region likely drives this elevated pay scale.

Executive Summary

  • Average Salary: $124,990 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $173,590.
  • Outlook: The job market for Ship Engineers in New York-Newark-Jersey City, NY-NJ appears robust, with a local workforce of 680 individuals. The Location Quotient of 1.3 suggests a higher concentration of these professionals compared to the national average, implying sustained demand and a stable job environment for those in this field within the region.
2024 Market Data

Salary Overview

$124,990

The average Ship Engineers in New York-Newark-Jersey City, NY-NJ earns+14.4%above the national average.

BreakdownBased on 40h/week
Hourly

$60.1

Weekly

$2,404

Monthly

$10,416

Ship Engineers Salary Distribution in New York-Newark-Jersey City, NY-NJ

Salary progression for Ship Engineers in New York-Newark-Jersey City, NY-NJ typically scales significantly with experience. Entry-level positions will command lower salaries, while senior engineers with extensive expertise and leadership responsibilities can expect to earn considerably more. The variance in salaries across different experience levels, often reflected in percentile data, highlights the substantial career growth and earning potential available within this profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$79,810$38.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$93,743$45.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$131,650$63.3
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$156,238$75.1
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$173,590$83.5

Detailed Ship Engineers Market Analysis

Relocation Context

Nominal Salary

$124,990

Gross Pay

Real Wage (Purchasing Power)

$124,990

Adjusted for COL (100)

The average annual salary of $124,990 for Ship Engineers in New York-Newark-Jersey City, NY-NJ aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is high, the purchasing power of that salary is equivalent to the national average, suggesting that the higher pay is balanced by the local cost of living.

Job Market Context

680

Total Jobs

0.072

Per 1K Jobs

1.3

Location Quotient

Above Average

With a location quotient of 1.30, New York-Newark-Jersey City, NY-NJ has a slightly higher-than-average concentration of Ship Engineers roles compared to the national norm.

With a Location Quotient of 1.3, the New York-Newark-Jersey City, NY-NJ area exhibits a 30% higher concentration of Ship Engineers than the national average. This indicates a relatively abundant market for these professionals, suggesting that while demand is present, there is also a good supply of talent, potentially leading to a competitive hiring environment for employers and a solid job market for experienced engineers.

Nearby Job Markets

Hiring Ship Engineerss?

Frequently Asked Questions

How much does a Ship Engineers make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Ship Engineers in New York-Newark-Jersey City, NY-NJ is $124,990. This typically ranges from $79,810 for entry-level positions to $173,590 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 14.4% higher than the national median of $109,280.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Ship Engineers?

Yes, it is a lucrative place for Ship Engineers.Ship Engineers in this region earn significantly above the national average salary. The local cost of living being at the national average further enhances the perceived lucrativeness of the compensation.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Ship Engineers?

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.

How does the Ship Engineer salary compare nationally?

The average annual salary for Ship Engineers in New York-Newark-Jersey City, NY-NJ is $124,990, which is notably higher than the national average of $109,280.

What is the concentration of Ship Engineers in this area?

The Location Quotient is 1.3, meaning there is a 30% higher concentration of Ship Engineers in New York-Newark-Jersey City, NY-NJ compared to the national average.

How does the cost of living affect the Ship Engineer salary?

The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100, which is the national average. Therefore, the higher nominal salary of $124,990 offers purchasing power equivalent to the national average.

What is the total number of Ship Engineers in this region?

There are approximately 680 Ship Engineers employed within 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 680 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.072 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in New York-Newark-Jersey City, NY-NJ

Semantic Salary Analysis for Ship Engineers • Data source: BLS OEWS 2024 •Jobs in New York-Newark-Jersey City, NY-NJ