How to Become a Economists in New Jersey
Economists in New Jersey earn a median salary of $102,350/year, which is 11% below the national average. New Jersey has a state income tax of ~4.3%. After taxes and rent, a economists takes home approximately $4,921/month. Most positions require Bachelor's degree.
What a economists can afford in New Jersey
Becoming a economists in New Jersey
Meet education requirements
Economists positions in New Jersey typically require Bachelor's degree. Programs are available at colleges and training institutions across New Jersey. Research accredited programs in your area.
Gain required experience
Many economists positions in New Jersey require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain New Jersey licensure or certification
New Jersey may require specific licensing or professional certification for economistss. Requirements vary by state — contact the New Jersey Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in New Jersey
New Jersey employs 110 economists. The highest concentrations are in Trenton-Princeton.
Economists salary by metro area in New Jersey
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Trenton-Princeton | $84K | $40.38/hr | 60 |
Economists salary range in New Jersey
Economists careers in other states
Frequently asked questions
How much does a economists make in New Jersey?▼
The median economists salary in New Jersey is $102,350 per year ($49.21/hr). This is 11% below the national median of $115,440. Salaries range from $61,450 to $187,280.
What are the requirements to become a economists in New Jersey?▼
Economists positions in New Jersey typically require Bachelor's degree. New Jersey may have specific licensing or certification requirements. Check with the New Jersey licensing board or department of labor for current requirements.
Can a economists afford to live in New Jersey?▼
At the median salary of $102,350, a economists in New Jersey would take home approximately $6,333/month after taxes. With median 2-bedroom rent at $1,412/month, that's 22.3% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for economists in New Jersey?▼
The highest paying metro areas for economists in New Jersey are Trenton-Princeton ($83,990). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does New Jersey have state income tax for economists?▼
Yes, New Jersey has a state income tax rate of approximately 4.3%. On a $102,350 salary, this means roughly $4,393/year in state income tax. Use our take-home pay calculator for a detailed breakdown.