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Retail Manager Salary in Newark, NJ β€” 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.

Retail Manager Salary in Newark β€” Key Numbers

$67,760
Median Salary
$50,512
25th Percentile
$93,548
75th Percentile
$126,280
90th Percentile
National median (Retail Manager)$48,400
vs. National median+40.0%
Newark median household income$37,200
vs. City household income+82.2%

Cost of Living in Newark

Cost of Living Index
140(100 = avg)
Median Monthly Rent$1,800/mo
Rent-to-Income Ratio31.9%
Annual rent cost$21,600
Median Home Price$395,000
Home Price / Salary5.8Γ—
20% Down Payment$79,000
Years to save (20% rate)5.8 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 Newark

6.1%
Unemployment Rate
310,000
Metro Population
33 min
Avg Commute
33.4
Median Age

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.

Retail Manager Salary β€” Other New Jersey Cities

Frequently Asked Questions

How much does a Retail Manager make in Newark, NJ?

The estimated median salary for a Retail Manager in Newark is $67,760 per year (2026). This is derived from the national BLS median of $48,400 adjusted by Newark's cost of living index (140). The typical salary range runs from $50,512 (25th percentile) to $93,548 (75th percentile), with top earners reaching $126,280.

Is Newark affordable for a Retail Manager?

On a $67,760 annual salary, a Retail Manager in Newark would spend approximately 31.9% of gross monthly income on median rent ($1,800/month). This is approaching the 30–35% cost-burden threshold; careful budgeting is recommended. The median home price of $395,000 is 5.8Γ— the annual salary.

How does a Retail Manager's salary compare to Newark's overall income?

Newark's median household income is $37,200. A Retail Manager earning the city-adjusted median of $67,760 earns 82.2% more than the typical Newark 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.