Business & Finance Newark, NJ
Pop. 311,549
Claims Adjuster Salary in Newark, New Jersey
The median claims adjuster salary in Newark, NJ is $86,448 per year, which is 20.0% above the national median and 2.4% below the New Jersey state average.
City Median
$86,448
vs State Avg
$-2,161
vs National
+$14,408
Cost of Living
112%
Claims Adjuster Salary in Newark by Experience
In Newark, an entry-level claims adjuster earns around $52,800, while experienced professionals earn up to $132,000 per year. The local cost of living index is 112% of the national average.
Entry Level (0-2 yrs)
$52,800
+$8,800 vs national
Mid Level (3-7 yrs)
$88,800
+$14,800 vs national
Senior Level (8+ yrs)
$132,000
+$22,000 vs national
Salary Percentiles in Newark, NJ
| Percentile | Newark |
|---|---|
| 10th Percentile | $50,400 |
| 25th Percentile | $64,800 |
| Median (50th) | $86,448 |
| 75th Percentile | $110,400 |
| 90th Percentile | $138,000 |
Claims Adjuster Salary in Other New Jersey Cities
How to Become a Claims Adjuster in Newark
Education
Most claims adjuster positions require a bachelor's degree. Newark and the surrounding New Jersey area have institutions offering relevant programs.
Key Skills
Claims InvestigationNegotiationInsurance LawDocumentationAnalysisCustomer Service
Job Outlook
Nationally, claims adjuster employment is projected to grow -3% over the next decade (decline). Demand in Newark may vary based on local industry and population growth.