Business & Finance Newark, NJ
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Financial Analyst Salary in Newark, New Jersey
The median financial analyst salary in Newark, NJ is $114,096 per year, which is 20.0% above the national median and 2.4% below the New Jersey state average.
City Median
$114,096
vs State Avg
$-2,852
vs National
+$19,016
Cost of Living
112%
Financial Analyst Salary in Newark by Experience
In Newark, an entry-level financial analyst earns around $72,000, while experienced professionals earn up to $177,600 per year. The local cost of living index is 112% of the national average.
Entry Level (0-2 yrs)
$72,000
+$12,000 vs national
Mid Level (3-7 yrs)
$115,200
+$19,200 vs national
Senior Level (8+ yrs)
$177,600
+$29,600 vs national
Salary Percentiles in Newark, NJ
| Percentile | Newark |
|---|---|
| 10th Percentile | $68,640 |
| 25th Percentile | $87,360 |
| Median (50th) | $114,096 |
| 75th Percentile | $150,000 |
| 90th Percentile | $199,920 |
Financial Analyst Salary in Other New Jersey Cities
How to Become a Financial Analyst in Newark
Education
Most financial analyst positions require a bachelor's degree. Newark and the surrounding New Jersey area have institutions offering relevant programs.
Key Skills
Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation
Job Outlook
Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Demand in Newark may vary based on local industry and population growth.