Algorithm and Simulation Engineer V Salary in New Jersey

How much does an Algorithm and Simulation Engineer V make in New Jersey?

As of May 18, 2021, the average salary for an Algorithm and Simulation Engineer V in New Jersey is $190,615 per year, which breaks down to an hourly rate of $92.

However, an Algorithm and Simulation Engineer V's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $208,254
  • Majority Range (25th-75th percentile): $182,534 to $199,848
  • Entry-Level (10th percentile): $175,177
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View as table View as graph 25% $182,534 10% $175,177 90% $208,254 75% $199,848 $190,615 50%(Median) Didn’t find job title? Click

Algorithm and Simulation Engineer V Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $199,848 $16,654 $3,843 $96
Average $190,615 $15,885 $3,666 $92
25th Percentile $182,534 $15,211 $3,510 $88
Check out Algorithm and Simulation Engineer V Job Openings in New Jersey
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ZT Systems - Secaucus, NJ

Nuclear Operations Simulation Software Engineer

Public Service Enterprise Group - Hancocks Bridge, NJ

Simulation Engineer

Trident Maritime Systems - High Bridge, NJ

Quantum Inspired Algorithm Research

JPMorganChase - NEW YORK, NY

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Key Factors That Influence Algorithm and Simulation Engineer V Salaries

An Algorithm and Simulation Engineer V's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Algorithm and Simulation Engineer Salaries?

Experience is a primary driver of an Algorithm and Simulation Engineer V's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Algorithm and Simulation Engineer I (0-2 years): $85,896
  • Algorithm and Simulation Engineer II (2-4 years): $102,783
  • Algorithm and Simulation Engineer III (4-7 years): $130,041
  • Algorithm and Simulation Engineer IV (7+ years): $158,436
  • Algorithm and Simulation Engineer V (7-10 years): $190,615
Job Role Years of Experience Average Salary
Algorithm and Simulation Engineer I0-2 years$85,896
Algorithm and Simulation Engineer II2-4 years$102,783
Algorithm and Simulation Engineer III4-7 years$130,041
Algorithm and Simulation Engineer IV7+ years$158,436
Algorithm and Simulation Engineer V7-10 years$190,615
$85,896 Algorithm...
$102,783 Algorithm...
$130,041 Algorithm...
$158,436 Algorithm...
$190,615 Algorithm...
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What Am I Worth?

Top Paying Cities for Algorithm and Simulation Engineer Vs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Maywood: $198,511
  • Teterboro: $198,511
  • Alpine: $198,685

Algorithm and Simulation Engineer V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Algorithm and Simulation Engineer V's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on May 18, 2021
$182,534
Average $190,615/year
$199,848
$15,211
Average $15,885/month
$16,654
$3,510
Average $3,666/week
$3,843
$88
Average $92/hour
$96
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $199,848 $16,654 $3,843 $96
Average $190,615 $15,885 $3,666 $92
25th Percentile $182,534 $15,211 $3,510 $88

Salaries of jobs related to Algorithm and Simulation Engineer V

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