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Physician Salary in Jersey City, NJ β€” 2026 Guide

Estimated salaries are adjusted for Jersey City's cost of living (index: 155). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Physician Salary in Jersey City β€” Key Numbers

$355,415
Median Salary
$199,702
25th Percentile
$506,757
75th Percentile
$620,000
90th Percentile
National median (Physician)$229,300
vs. National median+55.0%
Jersey City median household income$74,200
vs. City household income+379.0%

Cost of Living in Jersey City

Cost of Living Index
155(100 = avg)
Median Monthly Rent$2,622/mo
Rent-to-Income Ratio8.9%
Annual rent cost$31,464
Median Home Price$580,000
Home Price / Salary1.6Γ—
20% Down Payment$116,000
Years to save (20% rate)1.6 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Jersey City

4.4%
Unemployment Rate
295,000
Metro Population
35 min
Avg Commute
33.2
Median Age

Jersey City has a metro population of 295,000, offering a growing job market with opportunities especially in established local industries. The 4.4% unemployment rate is near the national average.

Physician Salary β€” Other New Jersey Cities

Frequently Asked Questions

How much does a Physician make in Jersey City, NJ?

The estimated median salary for a Physician in Jersey City is $355,415 per year (2026). This is derived from the national BLS median of $229,300 adjusted by Jersey City's cost of living index (155). The typical salary range runs from $199,702 (25th percentile) to $506,757 (75th percentile), with top earners reaching $620,000.

Is Jersey City affordable for a Physician?

On a $355,415 annual salary, a Physician in Jersey City would spend approximately 8.9% of gross monthly income on median rent ($2,622/month). This is well within the 28% affordability threshold, making Jersey City relatively affordable for this profession. The median home price of $580,000 is 1.6Γ— the annual salary.

How does a Physician's salary compare to Jersey City's overall income?

Jersey City's median household income is $74,200. A Physician earning the city-adjusted median of $355,415 earns 379.0% more than the typical Jersey City household β€” placing them solidly in the middle-to-upper income tier for the city.

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.