Average Business Analyst Salary in New Jersey
Business · Updated 2024 · Based on BLS and industry data
Salary Overview
The average Business Analyst in New Jersey earns $98,900 per year, which is above the national average of $93,000. This translates to approximately $47.55 per hour, $3,804 biweekly, or $8,242 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) | $74,200 | $35.67 |
| Average (50th) | $98,900 | $47.55 |
| Experienced (75th) | $113,700 | $54.68 |
| Top Earners (90th) | $128,600 | $61.83 |
Business Analyst Salary by City in New Jersey
| City | Average Salary | Monthly |
|---|---|---|
| Newark | $106,800 | $8,900/mo |
| Jersey City | $100,900 | $8,408/mo |
| Trenton | $96,900 | $8,075/mo |
| Edison | $94,000 | $7,833/mo |
| Princeton | $92,000 | $7,667/mo |
Career Quick Facts
| Detail | Information |
|---|---|
| Job Category | Business |
| Typical Education | Bachelor's degree |
| Job Growth (2022-2032) | 10% (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 Business Analysts 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 business professionals.
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