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What is the average salary in Princeton, NJ?

The average salary in Princeton, NJ is $96,005 per year.

Salaries in Princeton, NJ, show a strong and diverse job market. The average yearly salary in the area is $96,005. This amount reflects a competitive pay scale that attracts professionals to the region. Many industries contribute to this robust economy, including education, healthcare, and technology.

Jobs with higher salaries are common in certain fields. For example, the top 10% of earners make over $205,000 annually. Some of the highest-paying jobs include positions in finance, law, and management. This range offers excellent opportunities for those seeking to advance their careers. With such varied income levels, Princeton provides a range of job options for different skill sets and educational backgrounds.

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What are the best paying jobs in Princeton, NJ?

Princeton, NJ, offers several top-paying job opportunities for professionals. Among the highest-paying roles are positions like Director, Nurse Practitioner, and Retail Sales Associate. These careers provide attractive salaries, making them desirable for job seekers looking for financial stability. Individuals with expertise in fields such as engineering, law, and technology can find rewarding careers in Princeton. Jobs like Software Engineer, Attorney, and Technical Project Lead stand out for their competitive compensation packages. This variety of high-paying roles makes Princeton an excellent place for professionals to advance their careers.
Graph displaying best paying job salaries in Princeton, NJ, highlighting Director with the highest at $184,389 and Retail Sales Associate with the lowest at $131,778.
  1. Director
    Average Salary: $184,389
    Takes charge of company operations, ensures goals met. Works with top-tier businesses. Focuses on strategic planning and management.
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  2. Nurse Practitioner
    Average Salary: $134,925
    Provides advanced healthcare services. Works in clinics and hospitals. Aims to deliver high-quality patient care.
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  3. Software Engineer
    Average Salary: $131,049
    Designs, develops, and maintains software. Works with tech companies in the area. Focuses on creating efficient and innovative solutions.
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  4. Attorney
    Average Salary: $130,760
    Represents clients in legal matters. Works in law firms. Provides legal advice and defends clients in court.
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  5. Technical Project Lead
    Average Salary: $123,450
    Manages tech projects from start to finish. Works with tech firms. Ensures projects meet deadlines and budgets.
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  6. Engineer
    Average Salary: $123,373
    Designs, builds, and tests products. Works in engineering firms. Focuses on creating safe and efficient solutions.
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  7. Account Manager
    Average Salary: $110,755
    Manages client accounts. Works with financial firms. Aims to build strong client relationships and meet business goals.
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  8. Controller
    Average Salary: $110,411
    Oversees financial reporting and accounting. Works in various industries. Ensures accurate and timely financial information.
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  9. Dental Hygienist
    Average Salary: $107,924
    Provides oral care and education to patients. Works in dental clinics. Focuses on preventing oral diseases and maintaining oral health.
    Find Dental Hygienist jobs in Princeton, NJ


  10. Retail Sales Associate
    Average Salary: $131,778
    Assists customers with purchases. Works in retail stores. Aims to provide excellent customer service and meet sales targets.
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What are the best paying jobs in Princeton, NJ without a degree?

Princeton, New Jersey, offers several well-paying job opportunities that do not require a degree. One such role is a restaurant manager, with an average salary of $53,588 annually. This position involves overseeing daily operations, managing staff, and ensuring customer satisfaction. Other high-paying jobs include housekeeping and groundskeeping, each offering an average salary of around $42,570 and $42,072, respectively. These positions require maintaining clean and attractive environments, ensuring safety and comfort for all.
Graph displaying best paying job salaries in Princeton, NJ without a degree, highlighting Restaurant Manager with the highest at $53,588 and Barista with the lowest at $33,869.
  1. Restaurant Manager
    Average Salary: $53,588
    Manage daily operations at local eateries, ensuring smooth service. Oversee staff, handle customer complaints, and maintain high standards. Companies like local restaurants and cafes offer various opportunities.
    Find Restaurant Manager jobs in Princeton, NJ


  2. Housekeeping
    Average Salary: $42,570
    Keep rooms and common areas clean and tidy. Work in hotels and apartment complexes, ensuring a comfortable environment for guests and residents. Local hotels and property management firms offer many positions.
    Find Housekeeping jobs in Princeton, NJ


  3. Groundskeeper
    Average Salary: $42,072
    Maintain the outdoor areas of properties. Mow lawns, trim hedges, and ensure the grounds are clean and presentable. Opportunities exist with local landscaping companies and property management firms.
    Find Groundskeeper jobs in Princeton, NJ


  4. Server
    Average Salary: $40,336
    Provide excellent service to customers in restaurants. Take orders, serve food and drinks, and ensure a pleasant dining experience. Work in popular local spots and earn good tips.
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  5. Line Cook
    Average Salary: $38,387
    Prepare meals in a fast-paced kitchen environment. Work quickly and efficiently to meet orders. Opportunities exist in busy local restaurants and cafes.
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  6. Dishwasher
    Average Salary: $35,246
    Clean dishes, utensils, and kitchen equipment. Work in a team to ensure cleanliness and order in the kitchen. Positions available in local restaurants and cafes.
    Find Dishwasher jobs in Princeton, NJ


  7. Barista
    Average Salary: $33,869
    Prepare and serve coffee and other beverages. Create specialty drinks and ensure a welcoming atmosphere. Opportunities exist in local coffee shops and cafes.
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Which companies offer the top salaries in Princeton, NJ?

Companies in Princeton, NJ, offer some of the best salaries in the area. Genmab leads with the highest average salary, followed closely by Bristol Myers Squibb. Both companies provide competitive pay and valuable opportunities for professionals. Taiho Oncology and Otsuka also offer strong salaries, making them attractive employers. Deloitte and S&P Global follow, with Integra LifeSciences, WithumSmith+Brown, and Keller Williams Realty also providing good compensation. Job seekers looking for high-paying positions can find many good options in these companies.
Graph displaying company salaries in Princeton, NJ, highlighting Genmab with the highest at $206,635 and Keller Williams Realty with the lowest at $123,397.
  1. Genmab
    Average Salary: $206,635
    Genmab is a biotech company focused on creating and developing medicines to treat cancer. It is known for its innovative treatments and strong research and development focus.


  2. Bristol Myers Squibb
    Average Salary: $193,731
    Bristol Myers Squibb is a global biopharmaceutical company working to discover, develop, and deliver innovative medicines. It is a leader in treatments for cancer and heart disease.


  3. Taiho Oncology
    Average Salary: $190,137
    Taiho Oncology is a pharmaceutical company specializing in oncology medicines. The company focuses on developing treatments for various types of cancer.


  4. Otsuka
    Average Salary: $187,896
    Otsuka is a global healthcare company with a strong focus on pharmaceuticals, particularly in mental health and neurology.


  5. Deloitte
    Average Salary: $158,693
    Deloitte is a leading professional services firm offering audit, consulting, financial advisory, and tax services. It has a reputation for stability and growth.


  6. S&P Global
    Average Salary: $145,659
    S&P Global is a leading provider of financial market intelligence. It offers information and analysis on credit ratings, market data, and risk management.


  7. Munich Re
    Average Salary: $136,588
    Munich Re is a leading reinsurance company providing risk management solutions. It helps businesses and individuals manage potential financial losses.


  8. Integra LifeSciences
    Average Salary: $128,668
    Integra LifeSciences is a medical technology company that develops products for use in surgery. It focuses on improving patient outcomes through innovation.


  9. WithumSmith+Brown
    Average Salary: $126,321
    WithumSmith+Brown is a public accounting and consulting firm. It provides auditing, tax, and advisory services to a wide range of clients.


  10. Keller Williams Realty
    Average Salary: $123,397
    Keller Williams Realty is a real estate company that offers a variety of services, including residential and commercial real estate. It is known for its innovative approach to real estate.

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

The cost of living index in Princeton, NJ, significantly surpasses the nationwide average. Housing costs, for instance, are 65% higher than the national average, driven by an index of 165. Other areas such as groceries and healthcare also show elevated costs, with indexes at 120 and 135, respectively. These figures reflect a challenging yet informative landscape for prospective residents.
Cost of living comparison graph for Princeton, NJ vs. Nationwide: housing 65% higher, groceries 20% higher, utilities 5% higher, transportation 15% higher, healthcare 35% higher, miscellaneous 10% higher.

The cost of living in Princeton, NJ, is notably higher than the nationwide average of 100. Housing stands out with an index of 165, indicating that it costs 65% more than the national average. This steep rise makes finding affordable living spaces particularly challenging for many residents.


Other expenses also reflect higher costs in Princeton. Groceries cost 20% more, with an index of 120. Utilities are 5% above the average at 105, and healthcare costs are 35% higher at 135. Transportation and miscellaneous expenses are also higher, at 15% and 10% above the national average, respectively. These figures highlight the elevated living costs in Princeton compared to the rest of the country.

There are 961 job openings in Princeton, NJ, today!

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

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City
Overview
Princeton, NJ
961 Job Openings