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

The average salary in Parsippany-Troy Hills, NJ is $86,494 per year.

Salaries in Parsippany-Troy Hills, NJ, vary across different roles. On average, workers earn about $86,494 each year. This range includes many jobs, from entry-level positions to top management roles. Looking at the figures, many positions fall in the middle range of earnings. This makes it a good place for people to find a career that matches their skills and experience.


The salaries reflect the diverse job market in Parsippany-Troy Hills. For example, those in the 20th percentile earn around $32,200. In contrast, those in the 90th percentile earn about $182,224. This wide range shows that there are many opportunities for people at different career stages. Whether someone is just starting out or has many years of experience, there is a suitable salary level available. This diversity in earnings makes Parsippany-Troy Hills an attractive location for job seekers looking for good compensation.

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

Parsippany-Troy Hills, NJ, offers a range of high-paying job opportunities. Among the top jobs are Software Engineers, with an average salary of over $122,000. Project Engineers and Technical Project Leads also earn well, with salaries around $114,000 and $112,000 respectively. Other high-paying positions include Account Managers and Behavior Analysts, both surpassing $107,000. Health care professionals, like Registered Nurses, also enjoy good compensation, with an average of nearly $96,000. Engineers, particularly Civil and Staff Engineers, have average salaries over $90,000. Claims Representatives, Human Resources Managers, and various other roles also provide competitive pay options.
Graph displaying best paying job salaries in Parsippany-Troy Hills, NJ, highlighting Software Engineer with the highest at $122,121 and Human Resources Manager with the lowest at $73,249.
  1. Software Engineer
    Average Salary: $122,121
    Develop software applications for various industries. Work with leading tech companies. Design, test, and maintain software.
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  2. Project Engineer
    Average Salary: $114,489
    Manage projects for infrastructure development. Collaborate with architects and contractors. Ensure projects meet quality and budget.
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  3. Technical Project Lead
    Average Salary: $112,223
    Oversee technical projects for tech firms. Coordinate teams and resources. Ensure timely and successful project completion.
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  4. Account Manager
    Average Salary: $112,012
    Handle client accounts for financial services firms. Develop relationships with clients. Ensure satisfaction and retention.
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  5. Behavior Analyst
    Average Salary: $107,316
    Work with individuals with behavioral challenges. Design and implement treatment plans. Collaborate with families and educators.
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  6. Registered Nurse
    Average Salary: $95,594
    Provide patient care in various settings. Work in hospitals and clinics. Monitor patient health and administer treatments.
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  7. Civil Engineer
    Average Salary: $91,752
    Design infrastructure projects. Work on roads, bridges, and buildings. Ensure projects comply with regulations.
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  8. Claims Representative
    Average Salary: $78,197
    Handle insurance claims for policyholders. Assess and approve claims. Communicate with clients and adjustors.
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  9. Staff Engineer
    Average Salary: $73,736
    Provide technical support for engineering projects. Work on software and hardware development. Collaborate with teams to solve problems.
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  10. Human Resources Manager
    Average Salary: $73,249
    Manage HR functions for organizations. Handle recruitment, training, and employee relations. Ensure compliance with labor laws.
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What are the best paying jobs in Parsippany-Troy Hills, NJ without a degree?

In Parsippany-Troy Hills, NJ, several high-paying jobs do not require a college degree. A server assistant earns an average of $45,211 per year, making it one of the top-paying positions available. Those interested in culinary work can also find good pay as a line cook, earning about $38,921 annually. These jobs offer competitive salaries and often come with opportunities for growth. A service team member can expect to earn around $36,970 per year, while a barista brings in about $35,019. For those who prefer behind-the-scenes roles, a dishwasher earns around $34,864, and a server makes approximately $30,691. These positions provide a solid starting point for job seekers looking to earn a good income without needing a degree.
Graph displaying best paying job salaries in Parsippany-Troy Hills, NJ without a degree, highlighting Server Assistant with the highest at $45,211 and Server with the lowest at $30,691.
  1. Server Assistant
    Average Salary: $45,211
    Help keep dining areas clean and presentable. Work in local restaurants. Assist servers in providing excellent service. Earn tips, adding to the income.
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  2. Line Cook
    Average Salary: $38,921
    Prepare ingredients and cook food. Work in fast-paced environments. Follow recipes and cooking instructions. Gain skills in a busy kitchen.
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  3. Service Team Member
    Average Salary: $36,970
    Help customers with their orders. Serve food and drinks. Work in casual dining or fast food restaurants. Develop good communication and customer service skills.
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  4. Barista
    Average Salary: $35,019
    Prepare and serve coffee and other drinks. Work in coffee shops. Create drinks to customer specifications. Develop quick and efficient service skills.
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  5. Dishwasher
    Average Salary: $34,864
    Clean dishes and utensils. Work in restaurants and cafeterias. Keep a clean and efficient kitchen. Learn the importance of hygiene and sanitation.
    Find Dishwasher jobs in Parsippany-Troy Hills, NJ


  6. Server
    Average Salary: $30,691
    Take orders and serve food and drinks. Work in a variety of dining settings. Provide excellent customer service. Learn to manage multiple tasks efficiently.
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Which companies offer the top salaries in Parsippany-Troy Hills, NJ?

Job seekers looking for the best paying companies in Parsippany-Troy Hills will find several excellent options. Gilead Sciences leads with an average salary of $213,681, followed closely by Teva Pharmaceuticals at $175,337. These figures suggest strong compensation opportunities in the region. HNTB Corporation, IQVIA, and T-Mobile also offer competitive salaries, ranging from $155,938 to $145,119. Companies like Reckitt, Zoetis, Ferrero, Wonder, and IPG Health provide solid average salaries, making Parsippany-Troy Hills an attractive area for professionals seeking both rewarding work and strong financial compensation.
Graph displaying company salaries in Parsippany-Troy Hills, NJ, highlighting Gilead Sciences with the highest at $213,681 and IPG Health with the lowest at $107,682.
  1. Gilead Sciences
    Average Salary: $213,681
    Gilead Sciences is a biopharmaceutical company known for its innovative medicines in HIV, liver diseases, and cancer.


  2. Teva Pharmaceuticals
    Average Salary: $175,337
    Teva Pharmaceuticals is a global leader in generic medicines, working to improve people’s health by providing access to affordable medications.


  3. HNTB Corporation
    Average Salary: $155,938
    HNTB Corporation offers architecture, engineering, and consulting services. They focus on creating sustainable solutions for clients.


  4. IQVIA
    Average Salary: $147,958
    IQVIA is a leading provider of advanced analytics, technology solutions, and contract research services to the life sciences industry.


  5. T-Mobile
    Average Salary: $145,119
    T-Mobile is a major wireless network operator in the US, offering mobile phone services and digital services to consumers and businesses.


  6. Reckitt
    Average Salary: $140,982
    Reckitt is a global consumer goods company best known for its brands like Vanish, Dettol, and Air Wick.


  7. Zoetis
    Average Salary: $140,427
    Zoetis is the leading animal health company, dedicated to supporting customers and their businesses in more than 100 countries.


  8. Ferrero
    Average Salary: $131,286
    Ferrero is an Italian confectionery company known for brands such as Nutella, Ferrero Rocher, and Tic Tac.


  9. Wonder
    Average Salary: $125,324
    Wonder is a company that creates convenient food solutions and is best known for brands like Pillsbury and Bisquick.


  10. IPG Health
    Average Salary: $107,682
    IPG Health is a global leader in health communications, offering services in marketing, public relations, and patient support.

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 index than the nationwide average of 100. The cost of living in Parsippany-Troy Hills is 10% higher overall, with housing standing at 25% above the national average. Groceries cost 12% more, utilities 5% more, and transportation 10% more. Healthcare and miscellaneous costs remain closer to the national average, at 2% and 2% below, respectively. Prospective residents should consider these variations when planning their budgets. High housing costs may be a significant factor to weigh. Despite this, miscellaneous and healthcare expenses are somewhat competitive with the national average, offering some balance.
Cost of living comparison graph for Parsippany-Troy Hills, NJ vs. Nationwide: housing 25% higher, groceries 12% higher, utilities 5% higher, transportation 10% higher, healthcare 2% lower, miscellaneous 2% higher.

Parsippany-Troy Hills, NJ, features a cost of living index that generally exceeds the nationwide average. Housing costs, for example, sit at 125, indicating that expenses for homes in this area are 25% higher than the national average. This significant increase often reflects the desirability of living in Parsippany-Troy Hills, where the housing market tends to be robust due to its suburban amenities and proximity to major cities.


Other costs also mirror this trend. Groceries in Parsippany-Troy Hills cost 12% more than the national average, while utilities run about 5% higher. Transportation expenses are also 10% above the average, possibly due to the area's location and the need for reliable commuting options. Healthcare costs, however, remain slightly below average at 98, offering a modest relief. Overall, the cost of living in Parsippany-Troy Hills, NJ, is notably higher, with several key expenses surpassing the nationwide benchmark by a meaningful margin.

There are 545 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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Overview
Parsippany-Troy Hills, NJ
545 Job Openings