When choosing a career path, many professionals think about how much money they could make. There are a lot of jobs and industries where you might make a high salary. When you include commissions, bonuses, and investments you can make even more money.
According to the latest U.S. Bureau of Labor Statistics data, New Jersey’s employment rate grew faster than the national rate in the last quarter. However, the average weekly wage in the state grew at a slower rate.
The New Jersey’s Highest paid in 2018 diversified into several fields and made their money from there. In this article, we outline New Jersey’s highest-paid in 2018. We also have how much a person could comfortably make in 2018. This would help you appreciate the figures that New Jersey’s highest-paid in 2018 earned.
How Much did an Average Person in New Jersey Earn in 2018?
As of August 14, 2018, the average annual pay for jobs in New Jersey that are “comfortable” is $44,252. It comes out to about $21.28 an hour. This is about the same as $851 per week or $3,687 per month.
In 2018, there were salaries as high as $85,475 and as low as $24,637. However, most salaries in the Comfortable jobs category are between $29,162 and $45,754.
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What is the New Jersey County with the Most Money?
We put together a list of New Jersey Counties with the most money. This is to help you understand where New Jersey has the most money inflow.
#1. Morris County
The average salary was $1,582, the 12th highest among the country’s largest counties. Morris also had the highest one-year pay increase, 3.9%, the same as the national average and the 92nd highest percentage increase in the U.S. The number of people working in the county went up by 1.4%, to about 296,000. Morris county is one of the New Jersey counties with the most money.
#2. Somerset County
At $1,568, Somerset had the 13th highest average salary in the U.S., just one spot below Morris. That was only about 0.5 percent more than a year before. About 190,000 people were working in the county, which is a 0.3% rise. It is one of the New Jersey counties with the most money.
#3. Hudson County
The average salary was $1,408, up 3.1% from the year before. This was the second highest increase in the state. Hudson’s pay was the 20th highest in the country because of this. Hudson also had the second-highest job growth rate, at 2.5%, with 268,000 jobs added. It is one of the New Jersey counties with the most money.
#4. Union County
The average salary of $1,385 was up 2.4% from the year before, making Union the 22nd highest paying county in the country. The number of people working went up by 0.7% to almost 225,000. It is one of the New Jersey counties with the most money.
#5. Mercer County
The average salary of $1,355 put the job in the 25th spot in the country. But Mercer was the only large county in New Jersey where the average pay went down, by less than half of 1 percent. The number of jobs went up by 1.3%, to about 254,000. It is one of the New Jersey counties with the most money.
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#6. Essex County
Essex had the 35th highest average salary in the country, which was $1,318. This was 1.8 percent more than the year before. The number of jobs went up by 1.5%, to almost 350,000. It is one of the New Jersey counties with the most money.
#7. Bergen County
The average wage of $1,298 was up 1.2% from 2016, making Bergen the 39th highest-paying county in the country. Bergen has over 458,000 workers, more than any other county in New Jersey. The number of jobs went up by less than 1%. It is one of the New Jersey counties with the most money.
#8. Hunterdon County
On average, people made $1,273. Because there aren’t that many people working in Hunterdon (less than 48,000), the BLS didn’t figure out percent changes or compare it to other counties in the country. It is one of the New Jersey counties with the most money.
#9. Middlesex County
The average pay of $1,259 was just below the state average and went up by 1.9%. Middlesex had 440,000 workers, almost 2% more than the previous year. It had the second most jobs in the state. It is one of the New Jersey counties with the most money.
#10. Burlington County
At $1,105, the average salary was just below the average for the whole country. It went up by 1.7% from the year before. The number of people working in Burlington went up by less than 1% to over 209,000. It is one of the New Jersey counties with the most money.
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What are the Highest paid jobs in New Jersey?
#1. Nurse
Salary: $92,508 per year
Nurses are medical professionals who work in hospitals, doctors’ offices, and long-term care facilities.
They often do simple things like checking a patient’s blood pressure, explaining their conditions, teaching them about their health, and giving them medicine. Nurses talk to doctors and other health care workers who may need help with their patients.
#2. Compensation Manager
Salary: $107,806 per year
Compensation managers are people who work in human resources and decide on pay and benefits for companies. They often write job descriptions, research what other jobs pay, and figure out pay ranges for certain jobs.
The compensation manager may also work with insurance companies depending on the company’s size. They figure out what benefits they could offer to employees.
#3. Finance manager
Salary: $108,692 per year
Finance managers are professionals in charge of a company’s income, expenses, and other financial numbers. These experts might put together regular reports to analyze and share suggestions with a company’s top leaders.
#4. Head of Security
Salary: $111,534 per year
Heads of security decide on the security procedures that a business or place might follow. Depending on their business size, they might be in charge of a team of security officers who patrol the grounds, check IDs, manage employee databases, and do other things that keep a building safe. They might work for companies that do work in office buildings, hospitals, airports, and other places.
#5. Software Engineer
Salary: $114,121 per year
Software engineers’ main jobs are to create and fix computer programs and other applications. These tech pros can work for organizations or on their own as freelancers. Sometimes, an engineer will focus on a certain computer language or type of program. Tasks include making software, testing, releasing, and shutting down programs.
#6. Engineering manager
Salary: $118,205 per year
Engineering managers are in charge of teams of engineers who work on different projects for different customers. Often, they are in charge of their projects’ budgets, assigning tasks, and finding the needed resources.
They may also look into new strategies and development methods as experts in their field. They may also suggest ways their teams could use engineering principles in their work.
#7. Network Security Engineers
Salary: $117,499 per year
Network security engineers’ main jobs are to ensure that a company’s network and data are safe from inside and outside threats, such as malware or hacking. These professionals work to make sure they have the right security protocol. Other tasks could include:
- Fixing problems with the network.
- Researching security options.
- Testing the security features of the network.
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15 New Jersey’s highest-paid in 2018
#1. Duron Harmon
Salary: $650,000
The strong safety for the Patriots went to Rutgers. In 2017, he made $7.25 million in total. Thanks to a contract that gave him a $5 million signing bonus. In his 11 years in the NFL, the 27-year-old picked 11 passes.
#2. Bobby Ryan
Salary: $650,000
The NHL veteran grew up in Collingswood before moving to Canada and California with his family. He is the best-paid hockey player from New Jersey. With the Ottawa Senators, he made $7.25 million. Bobby Ryan was one of New Jersey’s highest-paid in 2018.
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#3. Devin McCourty
Salary: $500,000
Last season, the former Rutgers star made $7 million with the Patriots in all his years. For the first time since college, he will be on the same team as his twin brother, Jason, in New England this season. In 2018, he was one of New Jersey’s highest-paid 2018
#4. Vinny Curry
Salary: $500,000
The man from Neptune helped the Philadelphia Eagles win their first Super Bowl. He made $7 million for his work. He got let go because of the salary cap, and he signed a new three-year deal with Tampa Bay. He was one of New Jersey’s highest-paid in 2018.
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#5. Frazier Todd
Salary: $500,000
The Toms River native and former Rutgers star made just over $7 million. However, he played well enough after getting traded to the Yankees late in the season to earn a bigger salary this offseason with the Mets. Todd Frazier was one of New Jersey’s highest-paid in 2018.
#6. Mark Finkelstein
Salary: $288,207
Mark Finkelstein was the Middlesex County, New Jersey, a chief school administrator for the Educational Services Commission of New Jersey. As of 2018, he went on to earn $288,207. Finkelstein has taught for 26 years and has a master’s degree. Mark Finkelstein was one of New Jersey’s highest-paid in 2018.
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#7. Leigh Byron
Salary: $275,000
Leigh Byron was the head of school administration at the Trenton STEM-to-Civics Charter School. Byron has a Ph.D. and has been working for 39 years. He was one of New Jersey’s highest-paid in 2018.
#8. Frank Gargiulo
Salary: $271,762
Gargiulo was the head of the Hudson County Vocational School District. He worked in the field for 27 years and has a master’s degree. Frank Gargiulo was one of New Jersey’s highest-paid in 2018.
#9. James Doran
Salary: $266,746
James Doran was the director of human resources and personnel for the Harrison School District in Hudson County. Doran has 33 years of experience and a Ph.D. He was one of New Jersey’s highest-paid in 2018.
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#10. Howard Lerner
Salary: $262,274
Howard Lerner was the superintendent of the Bergen County Vocational School District. In 2018, he earned as much as $262,274. He has 23 years of experience and a Ph.D. Howard Lerner was one of New Jersey’s highest-paid in 2018
#11. Diana Lobosco
Salary: $262,000
Diana Lobosco is in charge of the Passaic County Vocational School District. She has worked in the field for 32 years and has a master’s degree. Diana Lobosco was one of New Jersey’s highest-paid in 2018.
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#12. Paschal Gennaro
Salary: $258,000
Paschal Gennaro was the principal of North Bergen High School in Hudson County. He got paid $258,000. He has a master’s degree and has worked in the field for 51 years. Paschal Tennaro was one of New Jersey’s highest-paid in 2018.
#13. Christopher Cerf
Salary: $255,524
Christopher Cerf is the head of the Newark School District in Essex County. In 2018, they paid him $255,524. Cerf used to be the state education commissioner. He has a law degree and has worked in education for two years. Christopher Cerf was one of New Jersey’s highest-paid in 2018.
#14. Joseph Sirangelo
Salary: $253, 386
Joseph Sirangelo was Hudson County Vocational, Director of Planning, Research, and Evaluation. As of 2018, he had 39 years of experience and a Ph.D. Joseph was one of New Jersey’s highest-paid in 2018.
#15. Timothy Mantz
Salary: $248,700
Timothy Manty is a business administrator for Pohatcong School District. He got paid $248,700. Mantz has worked in his field for 13 years and has a master’s degree. He was one of New Jersey’s highest-paid in 2018.
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Summary
You can find jobs that could make you a millionaire in almost any field or location. Most of the time, these jobs don’t pay a million dollars a year. Instead, people who are good at their jobs and make a lot of money can become millionaires with careful planning and smart spending and saving habits.
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Frequently Asked Questions
As of June 28, 2022, the average salary for a Police Lieutenant in New Jersey is $111,611. However, the range is usually between $96,102 and $116,856.
Nurse
Compensation Manager
Finance Manager
Head of security
Software developers
Duron Harmon
Bobby Ryan
Vinny Curry
Frazier Todd
Mark Finkelstein
Leigh Byron
As of August 13, 2022, the average annual pay for jobs in New Jersey that are “comfortable” is $64,252.
In New Jersey, the average salary for an IT specialist is $71,772 per year, plus a $1,000 cash bonus each year.
References
- patch.com– Highest paid state employees in New Jersey in 2018
- njspotlightnews.org– New Jersey’s highest-paid in 2018
- njspotlightnews.org– Highest paid employees in New Jersey
- Image Link
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