Retail & Sales Newark, NJ Pop. 311,549

Retail Manager Salary in Newark, New Jersey

The median retail manager salary in Newark, NJ is $56,448 per year, which is 12.0% above the national median and 2.6% below the New Jersey state average.

City Median
$56,448
vs State Avg
$-1,512
vs National
+$6,048
Cost of Living
112%

Retail Manager Salary in Newark by Experience

In Newark, an entry-level retail manager earns around $35,840, while experienced professionals earn up to $95,200 per year. The local cost of living index is 112% of the national average.

Entry Level (0-2 yrs)
$35,840
+$3,840 vs national
Mid Level (3-7 yrs)
$58,240
+$6,240 vs national
Senior Level (8+ yrs)
$95,200
+$10,200 vs national

Salary Percentiles in Newark, NJ

Percentile Newark
10th Percentile $33,600
25th Percentile $42,560
Median (50th) $56,448
75th Percentile $78,400
90th Percentile $103,040

Retail Manager Salary in Other New Jersey Cities

Jersey City, NJ
$64,512
Pop. 292,449
Edison, NJ
$57,960
Pop. 107,588
Elizabeth, NJ
$54,432
Pop. 137,298
Paterson, NJ
$52,920
Pop. 159,732

How to Become a Retail Manager in Newark

Education

Most retail manager positions require a high school diploma. Newark and the surrounding New Jersey area have institutions offering relevant programs.

Key Skills

Retail ManagementSalesInventory ManagementCustomer ServiceStaff TrainingVisual Merchandising

Job Outlook

Nationally, retail manager employment is projected to grow 1% over the next decade (slower than average). Demand in Newark may vary based on local industry and population growth.

Find Retail Manager Jobs in Newark

Browse open retail manager positions in Newark, NJ:

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Frequently Asked Questions: Retail Manager Salary in Newark

How much does a Retail Manager make in Newark, NJ? ▼
The median retail manager salary in Newark, New Jersey is $56,448 per year, which is 12.0% above the national median of $50,400. Salaries range from $33,600 (10th percentile) to $103,040 (90th percentile).
How much does a Retail Manager make per hour in Newark? ▼
Based on the median annual salary of $56,448, a retail manager in Newark earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the New Jersey state average for retail manager pay? ▼
Newark's median retail manager salary of $56,448 is 2.6% below the New Jersey state average of $57,960. 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 retail manager salary of $56,448 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a retail manager in Newark? ▼
Most retail manager positions in Newark require a high school diploma. Key skills include Retail Management, Sales, Inventory Management, Customer Service. The job market is projected to grow 1% nationally over the next decade.