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What is the average salary in Newark, NJ?

The average salary in Newark, NJ is $84,398 per year.

In Newark, NJ, the job market offers a range of salary opportunities. Many positions offer competitive pay, with an average yearly salary of $84,398. This figure can change based on experience, skills, and industry. The distribution of salaries shows a good spread across different levels. For instance, about 25% of jobs pay around $32,000 per year. About 17% offer around $50,000, and the top 1% can earn up to $230,000 annually.

The industries in Newark that tend to offer higher salaries include finance, technology, and healthcare. These sectors demand specialized skills and experience, which can lead to higher earnings. Other sectors, such as retail and hospitality, offer entry-level positions that typically pay lower salaries. However, these roles can provide opportunities for growth and advancement. The distribution of salaries helps job seekers understand what they might expect in various industries. This information can guide career choices and salary negotiations.

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What are the best paying jobs in Newark, NJ?

Newark, NJ, offers a range of high-paying jobs across various industries. Job seekers can find rewarding positions with competitive salaries in healthcare, technology, and legal fields. For instance, Owner Operators and Physician Assistants lead the list, with average salaries reaching over $300,000 and $150,000 respectively. Apart from healthcare, tech professionals such as Software Engineers and Solution Architects enjoy attractive pay, often surpassing $140,000 annually. Legal professionals like Attorneys also find lucrative opportunities in Newark. For those interested in travel, Traveling Nurses and Pharmacists can expect annual incomes around $130,000. Each of these careers provides excellent earning potential and a chance to build a stable career.
Graph displaying best paying job salaries in Newark, NJ, highlighting Owner Operator with the highest at $300,172 and Speech Language Pathologist with the lowest at $125,109.
  1. Owner Operator
    Average Salary: $300,172
    Operating a vehicle for a company, managing routes, and delivering goods. Companies like FedEx and UPS offer opportunities in the city. Drivers need a clean record and experience.
    Find Owner Operator jobs in Newark, NJ


  2. Physician Assistant
    Average Salary: $153,628
    Assisting in medical procedures, diagnosing illnesses, and prescribing treatments. Work in hospitals like Newark Beth Israel Medical Center. Requires a master’s degree and passing exams.
    Find Physician Assistant jobs in Newark, NJ


  3. Nurse Practitioner
    Average Salary: $153,573
    Providing primary and specialty care. Job opportunities exist in various healthcare facilities in the city. Requires a master’s degree and license to practice.
    Find Nurse Practitioner jobs in Newark, NJ


  4. Software Engineer
    Average Salary: $146,771
    Designing, developing, and testing software. Work with tech companies like Cognizant and American Express. Requires a bachelor’s degree in computer science or related field.
    Find Software Engineer jobs in Newark, NJ


  5. Solution Architect
    Average Salary: $140,535
    Designing system architecture to meet business needs. Companies like Verizon and Liberty Mutual offer positions. Requires experience and strong problem-solving skills.
    Find Solution Architect jobs in Newark, NJ


  6. Attorney
    Average Salary: $133,643
    Advising clients on legal matters and representing them in court. Opportunities with firms like Gibbons and Holland & Knight. Requires a law degree and passing the bar exam.
    Find Attorney jobs in Newark, NJ


  7. Traveling Nurse
    Average Salary: $130,382
    Providing care in different locations. Work with agencies like AMN Healthcare and Aya Healthcare. Requires a nursing degree and relevant experience.
    Find Traveling Nurse jobs in Newark, NJ


  8. Pharmacist
    Average Salary: $130,178
    Dispensing medications and advising patients on drug use. Opportunities with pharmacies like CVS and Walgreens. Requires a PharmD degree and licensure.
    Find Pharmacist jobs in Newark, NJ


  9. Occupational Therapist
    Average Salary: $129,817
    Helping patients recover from injuries or disabilities. Work in rehabilitation centers like Kessler Institute for Rehabilitation. Requires a master’s degree and licensure.
    Find Occupational Therapist jobs in Newark, NJ


  10. Speech Language Pathologist
    Average Salary: $125,109
    Treating patients with communication disorders. Opportunities with schools and hospitals. Requires a master’s degree and state certification.
    Find Speech Language Pathologist jobs in Newark, NJ

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

Looking for high-paying jobs in Newark, NJ? Several opportunities do not require a college degree. Loaders, restaurant managers, and line cooks top the list of well-paying jobs. Loaders earn an average of $54,769, restaurant managers make about $53,765, and line cooks have a solid average of $42,335 annually. Each of these roles offers good pay and the chance to work in busy environments. Restaurant managers oversee daily operations, line cooks prepare meals, and loaders handle the movement of goods. These jobs demand dedication and can provide a stable income without needing a degree.
Graph displaying best paying job salaries in Newark, NJ without a degree, highlighting Loader with the highest at $54,769 and Barista with the lowest at $36,054.
  1. Loader
    Average Salary: $54,769
    Loaders handle and move products or materials. They work in warehouses or production facilities. Companies such as logistics firms and manufacturing plants seek loaders.
    Find Loader jobs in Newark, NJ


  2. Restaurant Manager
    Average Salary: $53,765
    Restaurant managers oversee daily operations. They coordinate staff and manage customer service. Positions are available with local dining establishments and chains.
    Find Restaurant Manager jobs in Newark, NJ


  3. Line Cook
    Average Salary: $42,335
    Line cooks prepare meals in a fast-paced kitchen. They work in teams to cook and plate food quickly. Many restaurants and cafes in the area hire line cooks.
    Find Line Cook jobs in Newark, NJ


  4. Dishwasher
    Average Salary: $40,348
    Dishwasher roles involve cleaning dishes and kitchen tools. This job requires attention to detail and cleanliness. Opportunities exist in many food service businesses.
    Find Dishwasher jobs in Newark, NJ


  5. Housekeeping
    Average Salary: $39,756
    Housekeepers clean and maintain rooms in hotels and motels. They ensure a tidy and welcoming environment for guests. Many local hotels offer housekeeping positions.
    Find Housekeeping jobs in Newark, NJ


  6. Service Team Member
    Average Salary: $39,405
    Service team members assist customers in various settings. They provide support and ensure a pleasant experience. Many retail and service companies hire service team members.
    Find Service Team Member jobs in Newark, NJ


  7. Console Operator
    Average Salary: $36,333
    Console operators monitor and control machinery. They manage production processes in factories. Manufacturing companies seek skilled console operators.
    Find Console Operator jobs in Newark, NJ


  8. Server
    Average Salary: $36,088
    Servers take orders and serve food and drinks. They ensure a smooth dining experience. Many restaurants and cafes hire servers.
    Find Server jobs in Newark, NJ


  9. Barista
    Average Salary: $36,054
    Baristas make and serve coffee and other beverages. They create specialty drinks and interact with customers. Coffee shops and cafes hire baristas.
    Find Barista jobs in Newark, NJ

Which companies offer the top salaries in Newark, NJ?

Job seekers in Newark, NJ, can find good pay at several companies. Audible leads with an average salary of $161,648. Siemens Healthineers and Apex Healthcare also offer competitive pay, with average salaries around $160,711 and $141,796, respectively. These companies provide valuable opportunities for those looking to secure a higher income in the area. Other notable employers include Mars, Prudential, and Lewis Brisbois Bisgaard & Smith LLP. These companies offer average salaries of $141,235, $139,513, and $134,410, respectively. Choosing any of these employers can help job seekers find rewarding work and attractive compensation in Newark.
Graph displaying company salaries in Newark, NJ, highlighting Audible with the highest at $161,648 and Broadridge with the lowest at $118,803.
  1. Audible
    Average Salary: $161,648
    Audible creates audio versions of books, news, and entertainment. It offers a wide range of audiobooks for subscribers.


  2. Siemens Healthineers
    Average Salary: $160,711
    Siemens Healthineers focuses on medical technology. It provides innovative products and services for healthcare.


  3. Apex Healthcare
    Average Salary: $141,796
    Apex Healthcare specializes in staffing and management services for healthcare facilities. It ensures quality patient care.


  4. Mars
    Average Salary: $141,235
    Mars is a leading manufacturer of pet care products. It offers a wide range of pet food, treats, and toys.


  5. Prudential
    Average Salary: $139,513
    Prudential provides a variety of financial services. It offers insurance, retirement plans, and investment products.


  6. Lewis Brisbois Bisgaard & Smith LLP
    Average Salary: $134,410
    Lewis Brisbois Bisgaard & Smith LLP is a law firm. It offers legal services in various areas, including personal injury and business litigation.


  7. PGIM
    Average Salary: $128,671
    PGIM manages investments for institutions and individuals. It offers retirement plans and other financial products.


  8. Gifted Healthcare
    Average Salary: $122,483
    Gifted Healthcare specializes in healthcare staffing. It places professionals in various healthcare settings.


  9. PSEG
    Average Salary: $121,547
    PSEG provides energy and utility services. It offers electricity, gas, and related services to customers.


  10. Broadridge
    Average Salary: $118,803
    Broadridge offers financial technology services. It provides software and data analytics to the financial industry.

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

Newark, NJ, shows a cost of living index that is notably higher than the nationwide average of 100. Housing costs stand at 125, making them 25% above the national average. This indicates that Newark residents face higher expenses, especially in housing, compared to the average American. Other major expenses also reflect this trend. Groceries in Newark are 10% higher, utilities and miscellaneous costs are both 5% higher, transportation costs are 15% higher, and healthcare costs are 20% higher than the national average. Job seekers should consider these figures when evaluating their relocation to Newark, NJ.
Cost of living comparison graph for Newark, NJ vs. Nationwide: housing 25% higher, groceries 10% higher, utilities 5% higher, transportation 15% higher, healthcare 20% higher, miscellaneous 5% higher.

Newark, New Jersey, shows a cost of living index that varies across different categories compared to the nationwide average. Housing costs in Newark are 25% higher than the national average, with an index of 125. This means residents need to budget more for their homes than the average American. Groceries in Newark also cost more, with an index of 110, indicating a 10% increase over the national average. These higher costs can impact how people manage their finances if they choose to live in Newark.


In addition to housing and groceries, other expenses like utilities, transportation, healthcare, and miscellaneous items also show increases. Utilities in Newark are 5% higher, with an index of 105. Transportation costs follow closely behind at 15% higher, with an index of 115. Healthcare expenses are 20% more, at an index of 120, while miscellaneous costs are just 5% higher, at 105. Altogether, these numbers show that while Newark offers certain benefits, potential residents should prepare for costs that are, on average, 15% higher than the nationwide average. Understanding these figures can help job seekers make informed decisions about relocating to Newark.

There are 1,646 job openings in Newark, NJ, today!

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

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City
Overview
Newark, NJ
1,646 Job Openings