Average Accountant Salary in New Jersey
Finance · Updated 2024 · Based on BLS and industry data
Salary Overview
The average Accountant in New Jersey earns $84,900 per year, which is above the national average of $79,880. This translates to approximately $40.82 per hour, $3,265 biweekly, or $7,075 per month before taxes.
The cost of living in New Jersey is 21% above the national average, which explains the higher salary levels needed to maintain purchasing power.
Salary Range
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| Entry Level (25th) | $63,700 | $30.62 |
| Average (50th) | $84,900 | $40.82 |
| Experienced (75th) | $97,600 | $46.94 |
| Top Earners (90th) | $110,400 | $53.08 |
Accountant Salary by City in New Jersey
| City | Average Salary | Monthly |
|---|---|---|
| Newark | $91,700 | $7,642/mo |
| Jersey City | $86,600 | $7,217/mo |
| Trenton | $83,200 | $6,933/mo |
| Edison | $80,700 | $6,725/mo |
| Princeton | $79,000 | $6,583/mo |
Career Quick Facts
| Detail | Information |
|---|---|
| Job Category | Finance |
| Typical Education | Bachelor's degree |
| Job Growth (2022-2032) | 6% (nationwide) |
| State Income Tax | 1.4%-10.75% (7 brackets) |
| State Minimum Wage | $15.13/hr |
| Cost of Living Index | 1.21 (+21% vs national avg) |
Top Employers in New Jersey
Major employers hiring Accountants in New Jersey include Johnson & Johnson, Prudential, Merck, Campbell Soup, and BD (Becton Dickinson). These companies and organizations offer competitive salaries and benefits packages for finance professionals.
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