BLS Official Data · OEWS May 2025

Business Professors in New Jersey

$104,370 / year · average (mean) annual wage
$50.18 per hour

▼ 9.0% below U.S. average34th of 51 states

Source: U.S. Bureau of Labor Statistics Dataset: OEWS May 2025 Published: May 2026 Coverage: All 50 States + DC
Average$104,370per year
Median$85,250per year
Hourly$50.18per hour
10th – 90th percentile$32,220 – $179,290per year

Business Professors Pay Range in New Jersey

Pay distribution across experience levels

  • 10th Percentile — Entry Level$32,220
  • 25th Percentile — Junior$52,750
  • 50th Percentile — Median$85,250
  • 75th Percentile — Senior$137,070
  • 90th Percentile — Top Earners$179,290

Half of Business Professors in New Jersey earn more than $85,250. The top 10% make $179,290 or more, while entry-level workers start around $32,220.

Business Professors in New Jersey: Key Facts

Source: BLS OEWS May 2025

  • New Jersey ranks 34th of 51 states for Business Professors pay, at $104,370 per year (9.0% below the U.S. average of $114,720).
  • 3,190 people work as Business Professors in New Jersey — 3.9% of all U.S. Business Professors jobs.
  • Location quotient 1.41: Business Professors jobs are more concentrated in New Jersey than in the U.S. overall.
  • Pay range: the lowest-paid 10% earn under $32,220; the top 10% earn over $179,290.
  • Hourly equivalent: $50.18 per hour (2,080 hours/year).
  • The highest-paying state is Alaska at $181,700.
  • Among education jobs in New Jersey, Computer Science Professors pays the most ($94,680).

Business Professors Job Market in New Jersey

Key factors affecting compensation

New Jersey's key industries are Pharmaceuticals, Finance, Technology, and its job market is rated strong. Business Professors here earn $104,370 on average, placing the state 34th nationally.

With a cost-of-living index of 1.28 (U.S. = 1.00), a New Jersey salary of $104,370 is roughly equivalent to $81,539 at the national average cost of living.

Compared with nearby states in the pay ranking, Vermont ($107,730), Oregon ($107,330), Iowa ($107,120) are the closest alternatives for Business Professors weighing a move.

U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025

Related career salary benchmarks

Frequently Asked Questions

Common questions about this salary

What is the average Business Professors salary in New Jersey?

The average Business Professors salary in New Jersey is $104,370 per year (median $85,250), which is 9.0% below the national average of $114,720.

How does New Jersey rank for Business Professors pay?

New Jersey ranks 34th out of 51 states. The highest-paying state is Alaska ($181,700/yr).

How much do entry-level Business Professors make in New Jersey?

The lowest-paid 10% of Business Professors in New Jersey earn about $32,220 per year and the 25th percentile is $52,750.

How much do Business Professors make per hour in New Jersey?

About $50.18 per hour, based on the $104,370 annual average and 2,080 working hours per year.

How many Business Professors work in New Jersey?

BLS counts 3,190 Business Professors jobs in New Jersey (OEWS May 2025).

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