Business & Finance Newark, NJ Pop. 311,549

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

Jersey City, NJ
$129,309
Pop. 292,449
Edison, NJ
$116,948
Pop. 107,588
Elizabeth, NJ
$110,293
Pop. 137,298
Paterson, NJ
$107,440
Pop. 159,732

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.

Find Financial Analyst Jobs in Newark

Browse open financial analyst positions in Newark, NJ:

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Frequently Asked Questions: Financial Analyst Salary in Newark

How much does a Financial Analyst make in Newark, NJ? ▼
The median financial analyst salary in Newark, New Jersey is $114,096 per year, which is 20.0% above the national median of $95,080. Salaries range from $68,640 (10th percentile) to $199,920 (90th percentile).
How much does a Financial Analyst make per hour in Newark? ▼
Based on the median annual salary of $114,096, a financial analyst in Newark earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the New Jersey state average for financial analyst pay? ▼
Newark's median financial analyst salary of $114,096 is 2.4% below the New Jersey state average of $116,948. 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 financial analyst salary of $114,096 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Newark? ▼
Most financial analyst positions in Newark require a bachelor's degree. Key skills include Financial Modeling, Excel, Bloomberg Terminal, Valuation. The job market is projected to grow 8% nationally over the next decade.