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

The average salary in Parsippany-Troy Hills, NJ is $88,279 per year.

Parsippany-Troy Hills, New Jersey, offers a diverse job market with a variety of salary opportunities. The average yearly salary in this area stands at approximately $88,279. This figure represents a strong earning potential for many job seekers looking to advance their careers.

In Parsippany-Troy Hills, salaries vary across different job sectors. Key industries include finance, healthcare, and technology, which often offer higher pay. Positions in finance and technology can reach upwards of $150,000 per year. On the other hand, roles in retail and hospitality generally pay less, often around $30,000 to $50,000 annually. This range allows for a mix of opportunities suitable for various career stages and financial goals.

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

Parsippany-Troy Hills offers some of the top-paying jobs for professionals in various fields. With roles such as Product Managers and Software Engineers leading the way, the area presents numerous opportunities for high earnings. These positions often demand strong skills and expertise, but the rewards can be significant in terms of salary and career growth. For those seeking a lucrative job, Parsippany-Troy Hills provides a promising environment.
Graph displaying best paying job salaries in Parsippany-Troy Hills, NJ, highlighting Product Manager with the highest at $147,389 and Civil Engineer with the lowest at $100,067.
  1. Product Manager
    Average Salary: $147,389
    Product managers drive the development and success of products, often working with tech companies. They gather and analyze data to improve product features. Roles may involve collaboration with marketing and engineering teams to ensure product success.
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  2. Software Engineer
    Average Salary: $133,075
    Software engineers design and develop applications and systems. They work in tech firms, enhancing user experiences through innovative solutions. These professionals often collaborate with other developers to solve complex problems.
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  3. Marketing Manager
    Average Salary: $129,505
    Marketing managers oversee marketing strategies for companies. They create campaigns to promote products and services. Working in a variety of industries, these managers analyze market trends to drive growth and engagement.
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  4. Account Manager
    Average Salary: $120,048
    Account managers build relationships with clients. They handle client inquiries and ensure satisfaction. This role involves regular communication and problem-solving to maintain strong business ties.
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  5. Project Engineer
    Average Salary: $119,781
    Project engineers oversee the planning and execution of engineering projects. They ensure projects meet specifications and deadlines. Working with cross-functional teams, they manage resources and resolve issues.
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  6. Technical Project Lead
    Average Salary: $119,016
    Technical project leads guide teams through the development of technical projects. They coordinate between engineering and development. These leaders ensure projects meet technical goals and timelines.
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  7. Program Manager
    Average Salary: $116,845
    Program managers oversee multiple projects within an organization. They ensure projects align with business objectives. These professionals coordinate resources and manage budgets to achieve successful outcomes.
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  8. Engineer
    Average Salary: $110,961
    Engineers design, develop, and test systems and products. They work across various industries, solving technical challenges. These professionals use their skills to improve existing processes and create new solutions.
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  9. Behavior Analyst
    Average Salary: $102,903
    Behavior analysts work with individuals to improve behavior. They often collaborate with healthcare providers and educators. This role involves assessing behaviors and developing interventions to support positive change.
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  10. Civil Engineer
    Average Salary: $100,067
    Civil engineers design and oversee construction projects. They ensure projects meet safety and environmental standards. These professionals work on infrastructure projects, enhancing public spaces and utilities.
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What are the best paying jobs in Parsippany-Troy Hills, NJ without a degree?

Looking for a high-paying job in Parsippany-Troy Hills, New Jersey? Some of the top jobs that do not require a degree include Housekeeping, Line Cook, and Service Team Member. These roles offer competitive salaries while demanding practical skills. Housekeeping positions pay an average salary of about $43,891 per year. Line Cook jobs offer around $38,445 annually. Service Team Members also earn a good income of approximately $37,288 each year. These positions provide a great opportunity to start or advance a career without the need for higher education qualifications.
Graph displaying best paying job salaries in Parsippany-Troy Hills, NJ without a degree, highlighting Housekeeping with the highest at $43,891 and Server with the lowest at $27,823.
  1. Housekeeping
    Average Salary: $43,891
    Work involves cleaning rooms and common areas. Duties include making beds, changing linens, and sanitizing surfaces. This job is available in hotels and resorts. Responsibilities can vary, offering flexibility to those willing to learn.
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  2. Line Cook
    Average Salary: $38,445
    Preparing food quickly and efficiently is the main task. The role involves chopping ingredients, cooking, and following recipes. Working in a fast-paced environment is typical. Familiarity with kitchen equipment is needed.
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  3. Service Team Member
    Average Salary: $37,288
    Provide excellent customer service. Duties include greeting guests, taking orders, and ensuring satisfaction. Teamwork is crucial in this role. This position offers opportunities to interact with customers directly.
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  4. Server Assistant
    Average Salary: $36,740
    Support servers by setting tables, clearing dishes, and refilling drinks. This role demands reliability and attention to detail. It allows for working in a dynamic environment with a focus on customer needs.
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  5. Barista
    Average Salary: $36,069
    Prepare and serve coffee and other beverages. Requires knowledge of different drinks and equipment. Interaction with customers is key. This role offers a chance to work in a friendly setting.
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  6. Dishwasher
    Average Salary: $35,369
    Clean dishes and utensils. Duties include washing, drying, and stacking. It requires attention to detail and willingness to work in a fast-paced environment. This role offers steady work in a supportive setting.
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  7. Server
    Average Salary: $27,823
    Provide table service to guests. Duties include taking orders, serving food, and handling payments. Excellent communication skills are needed. This role offers opportunities to interact with people and earn tips.
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Which companies offer the top salaries in Parsippany-Troy Hills, NJ?

Companies in Parsippany-Troy Hills offer competitive salaries, making this area attractive for job seekers. Gilead Sciences leads with an average salary of $209,406, followed closely by HNTB at $156,575. These top employers provide good compensation, which benefits professionals looking to advance their careers. Other notable companies include IQVIA, Zoetis, and T-Mobile, all offering salaries above $140,000. Reckitt and Wonder also stand out with average salaries near $140,000. These companies create opportunities for workers seeking stability and growth in their careers. Job seekers can find rewarding positions in various industries in Parsippany-Troy Hills.
Graph displaying company salaries in Parsippany-Troy Hills, NJ, highlighting Gilead Sciences with the highest at $209,406 and GAF with the lowest at $106,252.
  1. Gilead Sciences
    Average Salary: $209,406
    Gilead Sciences is a biopharmaceutical company that focuses on medicines for unmet medical needs in areas like HIV, liver diseases, and cancer. They offer competitive salaries and benefits.


  2. HNTB
    Average Salary: $156,575
    HNTB is a planning, architecture, and engineering firm. They provide opportunities in various fields including transportation, buildings, and utilities. They value their employees and offer good compensation.


  3. IQVIA
    Average Salary: $155,497
    IQVIA is a leading data and technology company focused on helping the life sciences industry accelerate innovation. They provide high-quality jobs with solid salaries.


  4. Zoetis
    Average Salary: $150,952
    Zoetis is the leading animal health company. They develop and manufacture medicines, vaccines, and other health products. They offer competitive salaries to attract top talent.


  5. T-Mobile
    Average Salary: $142,576
    T-Mobile is a major telecommunications company. They provide wireless network services and mobile devices. They offer attractive compensation packages to their employees.


  6. Reckitt
    Average Salary: $141,147
    Reckitt is a global consumer goods company. They produce well-known brands in health, hygiene, and home care. They offer competitive salaries and benefits to their staff.


  7. Wonder
    Average Salary: $126,545
    Wonder is a company that develops and produces food products. They focus on making delicious and healthy food options. They offer good compensation to their employees.


  8. AIG
    Average Salary: $119,081
    AIG is a leading global insurance organization. They provide a range of insurance products and services. They offer competitive salaries and a supportive work environment.


  9. IPG Health
    Average Salary: $108,476
    IPG Health is a global communications agency for the healthcare industry. They offer services in advertising, public relations, and healthcare marketing. They provide good salaries to their staff.


  10. GAF
    Average Salary: $106,252
    GAF is a leading manufacturer of roofing, waterproofing, and related products. They offer a variety of products for residential and commercial customers. They offer solid compensation to their employees.

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, with housing costs being particularly elevated at 130. Overall, Parsippany-Troy Hills’ cost of living index stands at 111, which is 11% higher than the national average of 100. The other categories show mixed results, with groceries at 105, utilities at 110, transportation at 95, healthcare at 115, and miscellaneous expenses matching the national average at 100.
Cost of living comparison graph for Parsippany-Troy Hills, NJ vs. Nationwide: housing 30% higher, groceries 5% higher, utilities 10% higher, transportation 5% lower, healthcare 15% higher, miscellaneous 0% lower.

The cost of living in Parsippany-Troy Hills, New Jersey, is notably higher than the nationwide average, which is set at 100. Housing costs in this area are particularly steep, standing at 130. This means housing prices are 30% above the national average. For job seekers considering this area, this could significantly impact their budget, especially for those renting or purchasing homes.


Other expenses in Parsippany-Troy Hills also show a higher cost of living compared to the nationwide average. Groceries, for instance, cost 5% more, with an index of 105. Utilities and healthcare also exceed the national average, with indices of 110 and 115, respectively. However, transportation costs are slightly below average at 95, offering some relief. Overall, Parsippany-Troy Hills presents a higher cost of living scenario for many essential expenses, which potential residents should consider carefully.

There are 649 job openings in Parsippany-Troy Hills, NJ, today!

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Parsippany-Troy Hills, NJ
649 Job Openings