What is the average wage in New Jersey?
Data updated January 22, 2025
About $1.2K per week in November 2024, 2.5% higher than a year before. The average weekly wage, the typical earnings that employees bring home for one week of work, is a valuable indicator to assess economic conditions, labor market health, and wage trends. When accounting for the cost of living, New Jersey’s average weekly wage of $1,248 has the purchasing power of $1,146.
Showing data for
$1.2K
average weekly earnings, November 2024
2.5%
higher than a year before (adjusted for inflation)
The Bureau of Labor Statistics (BLS) releases monthly statistics tracking the wages of all employees who don’t work for the government. In November 2024, the average weekly wage in New Jersey was $1,248. That represents the wages of 3.81 million private-sector workers in the state.
As of November 2024, average weekly earnings for workers in New Jersey was higher than the US overall.
12-month rolling average of average weekly earnings, adjusted for inflation
As with other averages, most people earn more or less than the average weekly wage. Pay varies based on industry and occupation.
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In New Jersey, workers in the financial activities sector had the highest average weekly earnings at $1,988 per week, as of September 2024. Leisure and hospitality workers had the lowest average weekly wage at $591.
In New Jersey, financial activities workers had the highest average weekly wage.
Cost of living, which also varies based on location, impacts how far a person’s earnings can go. Someone earning the weekly average will have more or less purchasing power depending on location. In New Jersey, cost of living is higher than the US overall, and the state’s average weekly wage of $1,248 has purchasing power equal to $1,146.
New Jersey’s average weekly wage is above the national average, ranking 7th among states. When accounting for regional cost of living differences, New Jersey ranks 34th among states.
Accounting for cost of living, New Jersey had an average weekly wage of $1,146 in November 2024.
Average weekly wage, November 2024, adjusted with regional price parity (2023)
Among 7 metro areas at least partially located in New Jersey, the Philadelphia, PA area has the highest average weekly wage at $1,172, when accounting for the cost of living.
Among New Jersey metro areas, the Philadelphia, PA area had the highest wages, accounting for cost of living.
Average weekly wage, November 2024, adjusted with regional price parity (2023)
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
U.S. Bureau of Economic Analysis
Regional Data
US Bureau of Labor Statistics
Labor Force Statistics from the Current Population Survey
