Business & Finance New Jersey (NJ) Rank #6 of 50

Management Consultant Salary in New Jersey

The median management consultant salary in New Jersey is $122,274 per year, which is 23.0% above the national median of $99,410.

Median Salary
$122,274
vs National
+$22,864
State Rank
#6 of 50
Cost of Living
115%

Management Consultant Salary Overview in New Jersey (2026)

New Jersey ranks #6 out of 50 states for management consultant compensation. This places New Jersey in the top tier nationally, making it one of the best states for management consultants seeking high pay. At $122,274 per year, management consultants in New Jersey earn $22,864 more than the national median of $99,410.

It's worth noting that New Jersey's cost of living is 115% of the national average, which reduces the real purchasing power of the $122,274 salary. After adjusting for cost of living, the effective salary is closer to $106,325.

The salary spread in New Jersey is significant: management consultants at the 10th percentile earn $67,896, while those at the 90th percentile bring home $220,908 — a $153,012 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in New Jersey for this role is Jersey City, where the median reaches $135,198.

Nationally, management consultant employment is projected to grow 10% over the next decade (faster than average). This steady growth indicates stable demand for management consultants across the country.

Management Consultant Salary in New Jersey by Experience

In New Jersey, an entry-level management consultant earns around $73,800, while experienced professionals earn up to $202,950 per year. The cost of living index in New Jersey is 115% of the national average.

Entry Level (0-2 yrs)
$73,800
+$13,800 vs national
Mid Level (3-7 yrs)
$123,000
+$23,000 vs national
Senior Level (8+ yrs)
$202,950
+$37,950 vs national

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Salary Percentiles in New Jersey

Percentile NJ Salary
10th Percentile $67,896
25th Percentile $89,544
Median (50th) $122,274
75th Percentile $168,510
90th Percentile $220,908

Management Consultant Salary by City in New Jersey

The largest employment areas for management consultants in New Jersey include Newark, Jersey City, Paterson, and Elizabeth. Salaries vary by city based on local cost of living and demand.

How to Become a Management Consultant in New Jersey

Education

Most management consultant positions require a bachelor's degree. New Jersey has several accredited institutions offering relevant programs.

Key Skills

Strategic PlanningData AnalysisPresentationChange ManagementProcess ImprovementClient Management

Job Outlook in New Jersey

Nationally, management consultant employment is projected to grow 10% over the next decade (faster than average). New Jersey's demand may vary based on local industry trends.

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Frequently Asked Questions: Management Consultant Salary in New Jersey

How much does a Management Consultant make in New Jersey? ▼
The median management consultant salary in New Jersey is $122,274 per year, which is 23.0% above the national median of $99,410. Salaries range from $67,896 (10th percentile) to $220,908 (90th percentile).
How much does a Management Consultant make per hour in New Jersey? ▼
Based on the median annual salary of $122,274, a management consultant in New Jersey earns approximately $59 per hour assuming a standard 2,080-hour work year.
Is New Jersey a good state for management consultants? ▼
New Jersey ranks #6 out of 50 states for management consultant pay. The cost of living index is 115% of the national average. Entry-level management consultants earn $73,800, while senior professionals earn $202,950.
How does New Jersey compare to other states for management consultant salary? ▼
The highest paying state for management consultants is Hawaii at $168,997. New Jersey's median of $122,274 ranks #6 nationally. Nearby-ranked states include New York ($133,209) and Alaska ($123,268).
What is the entry-level management consultant salary in New Jersey? ▼
An entry-level management consultant in New Jersey earns approximately $73,800 per year. With 3-7 years of experience, pay increases to around $123,000. Senior-level professionals with 8+ years earn up to $202,950.
What city in New Jersey pays management consultants the most? ▼
Jersey City is the highest paying city in New Jersey for management consultants, with a median salary of $135,198. Other cities include Newark and Paterson.