Business & Finance Newark, NJ Pop. 311,549

Management Consultant Salary in Newark, New Jersey

The median management consultant salary in Newark, NJ is $119,292 per year, which is 20.0% above the national median and 2.4% below the New Jersey state average.

City Median
$119,292
vs State Avg
$-2,982
vs National
+$19,882
Cost of Living
112%

Management Consultant Salary in Newark by Experience

In Newark, an entry-level management consultant earns around $72,000, while experienced professionals earn up to $198,000 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)
$120,000
+$20,000 vs national
Senior Level (8+ yrs)
$198,000
+$33,000 vs national

Salary Percentiles in Newark, NJ

Percentile Newark
10th Percentile $66,240
25th Percentile $87,360
Median (50th) $119,292
75th Percentile $164,400
90th Percentile $215,520

Management Consultant Salary in Other New Jersey Cities

Jersey City, NJ
$135,198
Pop. 292,449
Edison, NJ
$122,274
Pop. 107,588
Elizabeth, NJ
$115,316
Pop. 137,298
Paterson, NJ
$112,333
Pop. 159,732

How to Become a Management Consultant in Newark

Education

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

Key Skills

Strategic PlanningData AnalysisPresentationChange ManagementProcess ImprovementClient Management

Job Outlook

Nationally, management consultant employment is projected to grow 10% over the next decade (faster than average). Demand in Newark may vary based on local industry and population growth.

Find Management Consultant Jobs in Newark

Browse open management consultant positions in Newark, NJ:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Management Consultant Salary in Newark

How much does a Management Consultant make in Newark, NJ? ▼
The median management consultant salary in Newark, New Jersey is $119,292 per year, which is 20.0% above the national median of $99,410. Salaries range from $66,240 (10th percentile) to $215,520 (90th percentile).
How much does a Management Consultant make per hour in Newark? ▼
Based on the median annual salary of $119,292, a management consultant in Newark earns approximately $57 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the New Jersey state average for management consultant pay? ▼
Newark's median management consultant salary of $119,292 is 2.4% below the New Jersey state average of $122,274. 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 management consultant salary of $119,292 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a management consultant in Newark? ▼
Most management consultant positions in Newark require a bachelor's degree. Key skills include Strategic Planning, Data Analysis, Presentation, Change Management. The job market is projected to grow 10% nationally over the next decade.