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What is the average salary in Parsippany-Troy Hills, NJ?

The average salary in Parsippany-Troy Hills, NJ is $82,442 per year.

Parsippany-Troy Hills, NJ, offers a range of salary opportunities across various industries. The average yearly salary in the area is $82,442. This figure reflects the diverse economic landscape, providing competitive pay across many sectors.


The salary distribution shows a broad spectrum of earnings. The majority of jobs fall between $31,800 and $127,900 annually. This range indicates a mix of entry-level positions and mid-career roles. Higher salaries, up to $208,000, are available for specialized or senior positions. This diversity makes Parsippany-Troy Hills an attractive place for job seekers looking to advance their careers.

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What are the best paying jobs in Parsippany-Troy Hills, NJ?

Parsippany-Troy Hills, NJ, offers a variety of high-paying job opportunities. Among the top-paying roles are Account Manager, Project Engineer, and Technical Project Lead. These positions provide competitive salaries and often come with benefits that enhance job security and career growth. Other well-compensated jobs in the area include Behavior Analyst, Registered Nurse, and Civil Engineer. These roles require specialized skills and education, but they offer rewarding salaries and the chance to make a significant impact. Job seekers in Parsippany-Troy Hills can find attractive career options in these fields.
Graph displaying best paying job salaries in Parsippany-Troy Hills, NJ, highlighting Account Manager with the highest at $117,878 and Licensed Practical Nurse with the lowest at $65,714.
  1. Account Manager
    Average Salary: $117,878
    Manage client accounts and relationships. Work closely with sales teams. Ensure customer satisfaction and retention.
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  2. Project Engineer
    Average Salary: $113,215
    Oversee engineering projects from start to finish. Coordinate with teams and ensure projects meet deadlines. Work closely with architects and construction teams.
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  3. Technical Project Lead
    Average Salary: $110,707
    Lead technical projects and teams. Ensure projects meet technical specifications. Coordinate with stakeholders and manage project timelines.
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  4. Behavior Analyst
    Average Salary: $102,477
    Assess and improve behavioral patterns. Work with clients to develop treatment plans. Collaborate with therapists and educators.
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  5. Registered Nurse
    Average Salary: $95,760
    Provide patient care and support. Administer medications and treatments. Work in a team to ensure patient well-being.
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  6. Civil Engineer
    Average Salary: $91,850
    Design and oversee construction projects. Ensure compliance with regulations. Work with architects and contractors.
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  7. Claims Representative
    Average Salary: $77,012
    Evaluate and process insurance claims. Communicate with policyholders. Ensure claims are handled fairly and efficiently.
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  8. Staff Engineer
    Average Salary: $70,548
    Develop and implement engineering solutions. Work on projects with a team. Ensure projects meet quality standards.
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  9. Staff Accountant
    Average Salary: $70,385
    Manage financial records and reports. Ensure accuracy and compliance. Work with finance teams to prepare budgets.
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  10. Licensed Practical Nurse
    Average Salary: $65,714
    Provide basic patient care. Assist with medical procedures. Work under the supervision of registered nurses and doctors.
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What are the best paying jobs in Parsippany-Troy Hills, NJ without a degree?

Parsippany-Troy Hills offers several high-paying jobs that do not require a college degree. Line cooks earn an average of $37,867 annually, while service team members make around $36,465. Dishwashers and servers also enjoy competitive salaries, with averages of $34,544 and $31,623, respectively. These roles provide good earning potential and valuable work experience. Each of these positions plays a crucial role in the local economy. Line cooks prepare meals in restaurants, service team members assist customers, dishwashers clean dishes, and servers take orders and deliver food. These jobs offer stability and the chance to grow in a dynamic industry.
Graph displaying best paying job salaries in Parsippany-Troy Hills, NJ without a degree, highlighting Line Cook with the highest at $37,867 and Server with the lowest at $31,623.
  1. Line Cook
    Average Salary: $37,867
    Prepare meals in a fast-paced kitchen. Work in teams to ensure timely service. Opportunities exist in local restaurants and cafes.
    Find Line Cook jobs in Parsippany-Troy Hills, NJ


  2. Service Team Member
    Average Salary: $36,465
    Serve customers with a friendly and efficient approach. Handle orders and ensure a clean dining area. Positions are available in various dining establishments.
    Find Service Team Member jobs in Parsippany-Troy Hills, NJ


  3. Dishwasher
    Average Salary: $34,544
    Clean dishes and kitchen equipment. Maintain a clean and organized kitchen area. Work in restaurants and food service locations.
    Find Dishwasher jobs in Parsippany-Troy Hills, NJ


  4. Server
    Average Salary: $31,623
    Take orders and serve food and drinks to customers. Ensure a pleasant dining experience. Opportunities are available in many dining venues.
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Which companies offer the top salaries in Parsippany-Troy Hills, NJ?

Job seekers in Parsippany-Troy Hills, NJ, can find attractive salaries at several top companies. Teva Pharmaceuticals leads with an average salary of $175,360, followed by T-Mobile at $152,122. These companies offer competitive pay and a chance to grow professionally. Other notable employers include HNTB Corporation, Reckitt, and IPG Health, all providing salaries above $100,000. Marotta Controls and ADP also offer strong compensation packages, making them attractive options for skilled professionals. SESI Consulting Engineers, Robert Half, and Avis Budget Group round out the list of top-paying companies in the area.
Graph displaying company salaries in Parsippany-Troy Hills, NJ, highlighting Teva Pharmaceuticals with the highest at $175,360 and Avis Budget Group with the lowest at $94,858.
  1. Teva Pharmaceuticals
    Average Salary: $175,360
    Teva Pharmaceuticals is a global leader in generic medications. They offer a wide range of medical products and are committed to improving health worldwide.


  2. T-Mobile
    Average Salary: $152,122
    T-Mobile is a leading wireless network operator. They provide mobile phone services and are known for their innovative approach to customer service.


  3. HNTB Corporation
    Average Salary: $149,698
    HNTB Corporation is a professional services and consulting firm. They focus on architecture, engineering, and consulting services for various projects.


  4. Reckitt
    Average Salary: $139,284
    Reckitt is a global consumer goods company. They produce well-known brands in health, hygiene, and home care.


  5. IPG Health
    Average Salary: $107,614
    IPG Health is a healthcare communications agency. They specialize in creating marketing strategies for pharmaceutical and healthcare companies.


  6. Marotta Controls
    Average Salary: $101,995
    Marotta Controls designs and manufactures control systems for aerospace and defense. They focus on high-performance solutions.


  7. ADP
    Average Salary: $101,242
    ADP is a leading provider of payroll and human resources services. They help businesses manage their workforce efficiently.


  8. SESI Consulting Engineers
    Average Salary: $100,623
    SESI Consulting Engineers offers civil, structural, and mechanical engineering services. They work on a variety of infrastructure projects.


  9. Robert Half
    Average Salary: $96,121
    Robert Half is a staffing and workforce solutions company. They connect job seekers with opportunities in various industries.


  10. Avis Budget Group
    Average Salary: $94,858
    Avis Budget Group is a car rental company. They provide rental services for cars, trucks, and vans to customers worldwide.

How does the cost of living in Parsippany-Troy Hills, NJ compare to the national average?

Parsippany-Troy Hills, NJ, has a higher cost of living compared to the nationwide average. The cost of living index in Parsippany-Troy Hills stands at 114, which is 14% above the national average of 100. This increase is driven by higher housing costs, which are 25% above the national average, and healthcare costs, which are 20% higher. While other categories like groceries, utilities, transportation, and miscellaneous expenses also exceed the average, they do so to a lesser extent. Groceries are 10% higher, utilities are 5% higher, transportation is 15% higher, and miscellaneous costs are 8% higher than the national average. These figures highlight the need for job seekers to consider the overall cost of living when evaluating job opportunities in Parsippany-Troy Hills.
Cost of living comparison graph for Parsippany-Troy Hills, NJ vs. Nationwide: housing 25% higher, groceries 10% higher, utilities 5% higher, transportation 15% higher, healthcare 20% higher, miscellaneous 8% higher.

Parsippany-Troy Hills, NJ, has a higher cost of living compared to the nationwide average, which is set at 100. The housing index in Parsippany-Troy Hills stands at 125, indicating that housing costs are 25% higher than the national average. This significant increase suggests that potential residents may need to budget more for rent or mortgage payments.


Other expenses also reflect higher costs in Parsippany-Troy Hills. For instance, groceries cost 10% more, with an index of 110. Utilities are 5% higher at 105, while transportation costs are 15% above the average at 115. Healthcare expenses are 20% higher, with an index of 120. Miscellaneous costs, though slightly above the average at 108, are only 8% higher. Overall, these figures show that living in Parsippany-Troy Hills involves higher expenses across several key areas compared to the national average.

There are 665 job openings in Parsippany-Troy Hills, NJ, today!

Take a deeper dive into the job market in Parsippany-Troy Hills, NJ

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City
Overview
Parsippany-Troy Hills, NJ
665 Job Openings