Business & Finance Newark, NJ Pop. 311,549

Accountant Salary in Newark, New Jersey

The median accountant salary in Newark, NJ is $95,856 per year, which is 20.0% above the national median and 2.4% below the New Jersey state average.

City Median
$95,856
vs State Avg
$-2,396
vs National
+$15,976
Cost of Living
112%

Accountant Pay in Newark: What to Expect (2026)

Newark offers a median accountant salary of $95,856, which is $2,396 below the New Jersey state average of $98,252. Compared to the national median of $79,880, Newark pays above average for this role.

However, Newark's cost of living index is 112%, significantly above the national average. After adjusting for local costs, the $95,856 salary has an effective purchasing power of approximately $85,586. Housing, transportation, and food costs in Newark should be factored into any relocation or job-change decision.

The salary range for accountants in Newark spans from $60,480 at the 10th percentile to $159,360 at the 90th percentile — a $98,880 spread. Entry-level professionals start around $62,400, while senior accountants with 8+ years of experience can earn up to $144,000. With a population of 311,549, Newark is a mid-sized metro with a growing job market.

Accountant Salary in Newark by Experience

In Newark, an entry-level accountant earns around $62,400, while experienced professionals earn up to $144,000 per year. The local cost of living index is 112% of the national average.

Entry Level (0-2 yrs)
$62,400
+$10,400 vs national
Mid Level (3-7 yrs)
$96,000
+$16,000 vs national
Senior Level (8+ yrs)
$144,000
+$24,000 vs national

Salary Percentiles in Newark, NJ

Percentile Newark
10th Percentile $60,480
25th Percentile $75,240
Median (50th) $95,856
75th Percentile $122,880
90th Percentile $159,360

Accountant Salary in Other New Jersey Cities

Jersey City, NJ
$108,637
Pop. 292,449
Edison, NJ
$98,252
Pop. 107,588
Elizabeth, NJ
$92,661
Pop. 137,298
Paterson, NJ
$90,264
Pop. 159,732

How to Become a Accountant in Newark

Education

Most accountant positions require a bachelor's degree. Newark and the surrounding New Jersey area have institutions offering relevant programs.

Key Skills

GAAPTax PreparationFinancial AnalysisQuickBooksExcelAuditing

Job Outlook

Nationally, accountant employment is projected to grow 4% over the next decade (as fast as average). Demand in Newark may vary based on local industry and population growth.

Find Accountant Jobs in Newark

Browse open accountant positions in Newark, NJ:

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Frequently Asked Questions: Accountant Salary in Newark

How much does a Accountant make in Newark, NJ? ▼
The median accountant salary in Newark, New Jersey is $95,856 per year, which is 20.0% above the national median of $79,880. Salaries range from $60,480 (10th percentile) to $159,360 (90th percentile).
How much does a Accountant make per hour in Newark? ▼
Based on the median annual salary of $95,856, a accountant in Newark earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the New Jersey state average for accountant pay? ▼
Newark's median accountant salary of $95,856 is 2.4% below the New Jersey state average of $98,252. The local cost of living index is 112% of the national average.
What is the cost of living in Newark, NJ? ▼
Newark has a cost of living index of 112% compared to the national average. This means a accountant salary of $95,856 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a accountant in Newark? ▼
Most accountant positions in Newark require a bachelor's degree. Key skills include GAAP, Tax Preparation, Financial Analysis, QuickBooks. The job market is projected to grow 4% nationally over the next decade.