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What is the average salary in Madison, NJ?

The average salary in Madison, NJ is $83,352 per year.

Jobs in Madison, NJ offer a range of salaries depending on the industry and position. The average yearly salary for workers is $83,352. People find jobs in many different areas, from healthcare to business and education. Each job offers its own pay scale. This variety gives job seekers many options.

Here are some salary examples for various jobs in Madison, NJ:

  • Healthcare: $31,840
  • Education: $56,656
  • Business: $81,472
  • Retail: $106,287
  • Finance: $131,103
  • Technology: $155,919
  • Engineering: $180,735
  • Management: $205,551
  • Science: $230,367
  • Law: $255,182
  • Arts: $279,998
  • Media: $304,814
View jobs in Madison, NJ

What are the best paying jobs in Madison, NJ?

Madison, NJ, offers several high-paying job opportunities for skilled professionals. One such role is the Licensed Practical Nurse (LPN), which comes with an average salary of $67,729. This job allows individuals to play a crucial part in patient care while earning a competitive income. The demand for healthcare services ensures job stability and potential for career growth in this field. Seeking a career with both financial rewards and job security? Jobs like Licensed Practical Nursing can meet these goals. In Madison, LPNs enjoy not only a strong salary but also the satisfaction of making a difference in people's lives. The combination of a healthy work environment and attractive compensation makes this a great career choice for many job seekers.
Graph displaying best paying job salaries in Madison, NJ, highlighting Licensed Practical Nurse with the highest at $67,729 and Licensed Practical Nurse with the lowest at $67,729.
  1. Licensed Practical Nurse
    Average Salary: $67,729
    Licensed Practical Nurses (LPNs) work in various healthcare settings, including hospitals, outpatient clinics, and nursing homes. In Madison, NJ, LPNs may find employment with major healthcare providers such as Atlantic Health System and Madison Health Associates. They focus on providing essential patient care, administering medications, and supporting doctors and registered nurses.
    Find Licensed Practical Nurse jobs in Madison, NJ

What are the best paying jobs in Madison, NJ without a degree?

Madison, NJ, offers several high-paying jobs that do not require a college degree. Line cooks, servers, and baristas can all find rewarding positions with competitive salaries. Line cooks in Madison can earn an average of $40,294 per year, while servers and baristas can expect to make around $38,301 and $34,460, respectively. These roles provide opportunities to work in bustling environments and gain valuable experience. Each position offers the chance to develop essential skills and potentially earn tips on top of the base salary. Job seekers looking for a good career without a degree will find these jobs attractive both for their pay and the hands-on experience they provide.
Graph displaying best paying job salaries in Madison, NJ without a degree, highlighting Line Cook with the highest at $40,294 and Barista with the lowest at $34,460.
  1. Line Cook
    Average Salary: $40,294
    This role involves preparing meals under a chef's direction. It requires strong teamwork skills and the ability to work in a fast-paced environment. Opportunities can be found at various restaurants.
    Find Line Cook jobs in Madison, NJ


  2. Server
    Average Salary: $38,301
    Servers welcome and seat guests, take orders, and deliver food and beverages. They need good communication skills to ensure a pleasant dining experience. This role is available in numerous dining establishments.
    Find Server jobs in Madison, NJ


  3. Barista
    Average Salary: $34,460
    Baristas prepare and serve coffee and other beverages. Attention to detail and speed are important. This position can be found in local coffee shops and cafes.
    Find Barista jobs in Madison, NJ

Which companies offer the top salaries in Madison, NJ?

Madison, NJ, offers a range of job opportunities across various sectors, with some companies paying significantly more than others. Bristol Myers Squibb stands out as a top employer, offering an average salary of $216,445. This pharmaceutical giant provides competitive compensation, making it a leading choice for those seeking higher earnings. Other notable employers in Madison include Pine Acres Healthcare and Rehabilitation Center, Fairleigh Dickinson University, and Madison Honda, though they offer lower average salaries. Pine Acres pays around $67,066, Fairleigh Dickinson University around $60,618, and Madison Honda about $50,088. Despite these lower figures, these companies still provide valuable career opportunities for those entering their respective industries.
Graph displaying company salaries in Madison, NJ, highlighting Bristol Myers Squibb with the highest at $216,445 and Madison Honda with the lowest at $50,088.
  1. Bristol Myers Squibb
    Average Salary: $216,445
    Bristol Myers Squibb is a global biopharmaceutical company known for its innovative work in medicine. This company provides a broad range of health care products and services. Its employees enjoy competitive salaries and comprehensive benefits.


  2. Pine Acres Healthcare and Rehabilitation Center
    Average Salary: $67,066
    Pine Acres Healthcare and Rehabilitation Center offers skilled nursing and rehabilitation services. The company is dedicated to providing top-notch care to its residents. It offers a supportive work environment with opportunities for growth.


  3. Fairleigh Dickinson University
    Average Salary: $60,618
    Fairleigh Dickinson University provides a variety of academic programs. The university is committed to student success and offers a range of services and resources. Employees at the university benefit from a collaborative work environment.


  4. Madison Honda
    Average Salary: $50,088
    Madison Honda is a well-known car dealership. The company offers a wide range of vehicles and automotive services. It values its employees and strives to provide a positive workplace.

How does the cost of living in Madison, NJ compare to the national average?

Madison, NJ, displays a higher cost of living across various metrics compared to the nationwide average, which is indexed at 100. Specifically, housing costs in Madison are 50% higher, groceries 20% more expensive, and utilities 10% higher. Transportation costs sit at 5% above the average, while healthcare and miscellaneous expenses are both around 30% higher. This analysis shows that relocating to Madison, NJ, for employment will likely result in increased living expenses. Individuals should budget accordingly for higher housing, groceries, healthcare, and other miscellaneous costs.
Cost of living comparison graph for Madison, NJ vs. Nationwide: housing 50% higher, groceries 20% higher, utilities 10% higher, transportation 5% higher, healthcare 30% higher, miscellaneous 15% higher.

Madison, New Jersey, shows a higher cost of living compared to the nationwide average in several key areas. Housing costs in Madison are 50% higher than the national average, which is set at 100. For someone looking at buying or renting, this means expenses could be significantly higher. Groceries in Madison are also 20% more expensive than the average, making everyday purchases costlier.


Other areas reflect mixed trends. Utilities are 10% above the national average, showing a moderate increase. Transportation costs slightly exceed the average by 5%, while healthcare costs are 30% higher, which can be a significant factor for many people. Miscellaneous expenses show a 15% increase. Overall, Madison's cost of living index paints a picture of higher expenses across various categories, which could impact budget planning for those considering relocating or currently living there.

There are 101 job openings in Madison, NJ, today!

Take a deeper dive into the job market in Madison, NJ

Discover what it's like to work in Madison, NJ. Learn if you need a car, explore popular employers, the job market, and the best neighborhoods to live in.
City
Overview
Madison, NJ
101 Job Openings