Financial Advisor Salary in Newark, NJ — 2026 Guide
Estimated salaries are adjusted for Newark's cost of living (index: 140). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Financial Advisor Salary in Newark — Key Numbers
Cost of Living in Newark
Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.
Job Market in Newark
Newark has a metro population of 310,000, offering a growing job market with opportunities especially in established local industries. The 6.1% unemployment rate is above the national average, which may reflect broader economic conditions in the region.
Financial Calculators for Newark
Other Professions in Newark
Financial Advisor Salary — Other New Jersey Cities
Frequently Asked Questions
How much does a Financial Advisor make in Newark, NJ?
The estimated median salary for a Financial Advisor in Newark is $139,412 per year (2026). This is derived from the national BLS median of $99,580 adjusted by Newark's cost of living index (140). The typical salary range runs from $84,154 (25th percentile) to $230,230 (75th percentile), with top earners reaching $334,880.
Is Newark affordable for a Financial Advisor?
On a $139,412 annual salary, a Financial Advisor in Newark would spend approximately 15.5% of gross monthly income on median rent ($1,800/month). This is well within the 28% affordability threshold, making Newark relatively affordable for this profession. The median home price of $395,000 is 2.8× the annual salary.
How does a Financial Advisor's salary compare to Newark's overall income?
Newark's median household income is $37,200. A Financial Advisor earning the city-adjusted median of $139,412 earns 274.8% more than the typical Newark household — placing them solidly in the middle-to-upper income tier for the city.
Explore More Salary Data
Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.