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What is the average salary in Newark, NJ?

The average salary in Newark, NJ is $82,740 per year.

Newark, NJ, offers a variety of job opportunities with competitive salaries. The average yearly salary in Newark is $82,740. This figure reflects the diverse economic landscape of the city, which includes sectors like healthcare, education, and finance.


The salary distribution in Newark shows a wide range of earnings. The top-paying jobs include roles in management, finance, and technology, with salaries reaching up to $240,000 per year. Other notable sectors include healthcare professionals, who earn around $107,000 annually, and educators, who make about $69,000 per year. This variety ensures that job seekers can find positions that match their skills and career goals.

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What are the best paying jobs in Newark, NJ?

Newark, NJ, offers a variety of high-paying jobs for skilled professionals. Among the top earners are Owner Operators, who manage their own businesses and enjoy substantial earnings. Other well-compensated roles include Solar Sales Representatives, Physician Assistants, and Enterprise Architects, all of which require specialized skills and education. These positions provide competitive salaries and opportunities for career growth. For example, Software Engineers and Attorneys also earn above-average wages, reflecting the demand for their expertise in Newark. Nurse Practitioners and Pharmacists, both critical to healthcare, also command strong salaries. Underwriters and Solution Architects, with their technical and analytical skills, are other high-paying roles in the area. Job seekers in Newark can find rewarding careers with excellent compensation in these fields.
Graph displaying best paying job salaries in Newark, NJ, highlighting Owner Operator with the highest at $327,691 and Pharmacist with the lowest at $127,794.
  1. Owner Operator
    Average Salary: $327,691
    This role involves managing a fleet and ensuring smooth operations. Companies like FedEx and UPS offer opportunities. It requires strong business skills and a keen eye for detail.
    Find Owner Operator jobs in Newark, NJ


  2. Solar Sales Representative
    Average Salary: $178,770
    Selling solar energy solutions to businesses and homeowners. Companies like SunPower and Sunrun are hiring. This role needs good communication and sales skills.
    Find Solar Sales Representative jobs in Newark, NJ


  3. Physician Assistant
    Average Salary: $154,798
    Assisting doctors in patient care and minor procedures. Hospitals and clinics in Newark offer many positions. This role demands strong medical knowledge and empathy.
    Find Physician Assistant jobs in Newark, NJ


  4. Enterprise Architect
    Average Salary: $153,964
    Designing and implementing IT systems for a company. Tech firms like Cognizant and IBM are looking for skilled architects. This role requires strong technical and strategic planning skills.
    Find Enterprise Architect jobs in Newark, NJ


  5. Nurse Practitioner
    Average Salary: $149,092
    Providing primary and specialty care to patients. Hospitals and clinics in Newark offer many opportunities. This role needs excellent clinical skills and the ability to manage patient care.
    Find Nurse Practitioner jobs in Newark, NJ


  6. Underwriter
    Average Salary: $141,078
    Evaluating risks for insurance companies. Firms like Prudential and MetLife offer positions. This role requires strong analytical skills and attention to detail.
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  7. Solution Architect
    Average Salary: $139,135
    Developing IT solutions to meet business needs. Companies like Accenture and Deloitte are hiring. This role demands strong technical skills and the ability to communicate complex ideas.
    Find Solution Architect jobs in Newark, NJ


  8. Software Engineer
    Average Salary: $138,495
    Designing and developing software applications. Tech companies like Cognizant and IBM are hiring. This role requires strong programming skills and problem-solving abilities.
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  9. Attorney
    Average Salary: $129,019
    Providing legal advice and representing clients in court. Law firms in Newark offer many opportunities. This role requires strong analytical skills and the ability to communicate effectively.
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  10. Pharmacist
    Average Salary: $127,794
    Dispensing medications and providing health advice to patients. Pharmacies and hospitals in Newark offer many positions. This role requires strong knowledge of pharmaceuticals and patient care skills.
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What are the best paying jobs in Newark, NJ without a degree?

Newark, New Jersey, offers a range of high-paying jobs that do not require a degree. Restaurant managers can earn up to $56,203 annually, overseeing daily operations and ensuring customer satisfaction. Loaders and line cooks also enjoy competitive salaries, with earnings around $55,667 and $41,016, respectively, making these roles attractive for those seeking stable and well-paying employment. Other top-paying positions include servers, groundskeepers, and dishwashers, all offering salaries above $35,000. Service team members, console operators, and housekeeping staff can expect to earn around $37,000, while baristas make about $35,000. These jobs provide excellent opportunities for individuals looking to start or advance their careers without needing a college degree.
Graph displaying best paying job salaries in Newark, NJ without a degree, highlighting Restaurant Manager with the highest at $56,203 and Barista with the lowest at $35,297.
  1. Restaurant Manager
    Average Salary: $56,203
    Manage daily operations at a restaurant. Oversee staff, handle customer service, and ensure smooth service. Work in busy eateries like The Cheesecake Factory or local diners.
    Find Restaurant Manager jobs in Newark, NJ


  2. Loader
    Average Salary: $55,667
    Load and unload goods from trucks. Ensure items are handled safely. Work in warehouses for companies like Amazon or local retail stores.
    Find Loader jobs in Newark, NJ


  3. Line Cook
    Average Salary: $41,016
    Prepare food in a fast-paced kitchen. Follow recipes and ensure quality. Cook in busy restaurants like diners or cafes.
    Find Line Cook jobs in Newark, NJ


  4. Server
    Average Salary: $39,637
    Serve food and drinks to customers. Take orders and ensure satisfaction. Work in restaurants like diners or cafes.
    Find Server jobs in Newark, NJ


  5. Groundskeeper
    Average Salary: $38,749
    Maintain the grounds of parks or properties. Mow lawns, trim trees, and clean areas. Work for city parks or private properties.
    Find Groundskeeper jobs in Newark, NJ


  6. Dishwasher
    Average Salary: $37,435
    Clean dishes and kitchen equipment. Ensure a clean and safe environment. Work in busy restaurants or cafes.
    Find Dishwasher jobs in Newark, NJ


  7. Service Team Member
    Average Salary: $37,209
    Assist customers with their needs. Provide excellent service and support. Work in retail stores or service-oriented businesses.
    Find Service Team Member jobs in Newark, NJ


  8. Console Operator
    Average Salary: $36,500
    Operate machinery to produce goods. Monitor equipment and ensure safety. Work in manufacturing plants or production facilities.
    Find Console Operator jobs in Newark, NJ


  9. Housekeeping
    Average Salary: $35,964
    Clean and maintain rooms in hotels or residential properties. Ensure a tidy and welcoming environment. Work in hotels or apartment complexes.
    Find Housekeeping jobs in Newark, NJ


  10. Barista
    Average Salary: $35,297
    Prepare and serve coffee and other beverages. Interact with customers and ensure a pleasant experience. Work in coffee shops or cafes.
    Find Barista jobs in Newark, NJ

Which companies offer the top salaries in Newark, NJ?

Job seekers in Newark, NJ, have several top-paying companies to consider. Siemens Healthineers leads with an average salary of $161,098. Audible follows closely with an average salary of $142,950. These companies offer competitive compensation packages, making them attractive options for professionals seeking rewarding careers. Other notable companies in Newark include Apex Healthcare, PGIM, and Mars, all offering average salaries above $129,000. Companies like PSEG, Broadridge, and the Federal Bureau of Investigation (FBI) also provide solid compensation, with average salaries ranging from $111,000 to $118,000. These employers provide a range of opportunities for those looking to advance their careers in Newark.
Graph displaying company salaries in Newark, NJ, highlighting Siemens Healthineers with the highest at $161,098 and Quality Wheels Inc with the lowest at $105,683.
  1. Siemens Healthineers
    Average Salary: $161,098
    Siemens Healthineers is a leading medical technology company. They focus on innovative healthcare solutions. Their work improves patient care and outcomes.


  2. Audible
    Average Salary: $142,950
    Audible is a popular audiobook and podcast service. They offer a wide range of content. Their work is creative and exciting.


  3. Apex Healthcare
    Average Salary: $140,537
    Apex Healthcare provides healthcare services. They focus on patient care and well-being. Their work is vital and rewarding.


  4. PGIM
    Average Salary: $129,998
    PGIM is a global investment management firm. They manage investments for institutions and individuals. Their work is financial and strategic.


  5. Mars
    Average Salary: $129,458
    Mars is a leading food and pet care company. They produce popular brands. Their work is diverse and impactful.


  6. PSEG
    Average Salary: $117,789
    PSEG is a utility company. They provide energy services. Their work is essential and reliable.


  7. Broadridge
    Average Salary: $113,445
    Broadridge offers financial technology services. They support the financial industry. Their work is technical and innovative.


  8. Federal Bureau of Investigation (FBI)
    Average Salary: $111,061
    The FBI is a federal law enforcement agency. They protect national security. Their work is critical and challenging.


  9. French & Parrello
    Average Salary: $109,942
    French & Parrello is a law firm. They provide legal services. Their work is professional and impactful.


  10. Quality Wheels Inc
    Average Salary: $105,683
    Quality Wheels Inc manufactures wheels. They focus on quality and durability. Their work is technical and precise.

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

Newark, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Newark stands at 115, which is 15% higher than the national average of 100. This increase is driven by higher expenses in housing, transportation, and miscellaneous costs. Specifically, Newark's housing index is 25% above the national average, while transportation costs are 20% higher. Groceries, utilities, healthcare, and miscellaneous expenses also exceed the national average, though by smaller margins. Job seekers should consider these factors when evaluating their budget and lifestyle in Newark.
Cost of living comparison graph for Newark, NJ vs. Nationwide: housing 25% higher, groceries 10% higher, utilities 5% higher, transportation 20% higher, healthcare 10% higher, miscellaneous 15% higher.

Newark, NJ, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Newark are 25% higher than the national average, with an index of 125. This means that expenses related to renting or buying a home in Newark are significantly more than what one might expect on a national scale.


For groceries, Newark residents face costs that are 10% above the national average, with an index of 110. This indicates that everyday food expenses are somewhat higher than the average. Utilities in Newark are 5% higher than the national average, with an index of 105. This small increase suggests that while energy and other utility costs are not drastically higher, they still add to the overall cost of living. Transportation costs in Newark are 20% higher than the national average, with an index of 120, reflecting the higher expenses for commuting and other transportation needs. Healthcare costs in Newark are also 10% higher than the national average, with an index of 110, indicating that medical expenses are somewhat elevated. Miscellaneous costs, which include items like entertainment and personal care, are 15% higher than the national average, with an index of 115. These factors combined show that the cost of living in Newark, NJ, is notably higher than the nationwide average.

There are 2,033 job openings in Newark, NJ, today!

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City
Overview
Newark, NJ
2,033 Job Openings