Data Analyst Hourly Pay in Parsippany-Troy Hills, NJ: $28.84 (2026)
Quick Answer:Hourly pay for a data analyst working in Parsippany-Troy Hills, NJ runs $28.84 at the median for 2026 — annualizing to $59,987 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2051). Weighted against Parsippany-Troy Hills's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $25.03 nationally would. A 24-hour part-time schedule grosses $35,988 per year.
Based on BLS state-level estimates · View source
In Parsippany-Troy Hills, the projected median hourly pay for data analysts in 2026 is $28.84, which falls significantly below the national median of $38.65. This wage reflects the implications for part-time roles, especially for those working three days a week, and translates into varying income potential for per-diem workers who typically operate within tech company environments, AI startups, and research labs. The hourly earnings range significantly — from a modest $16.73 for entry-level positions to a substantial $44.71 for top earners. These estimates are derived from annual salary data, allowing prospective data analysts to gauge their earning potential in the local market against national figures, while also considering office settings designed for cutting-edge work, remote assignments utilizing Python and Jupyter notebooks, or high-paced quant trading floors.
About the Parsippany-Troy Hills Market
Salary estimated from New Jersey average ($138,000) adjusted for local cost of living.
Data Analyst Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $16.73 | $133.82 |
| Lower Range (P25) | $20.76 | $166.08 |
| Median (P50) | $28.84 | $230.69 |
| Upper Range (P75) | $36.91 | $295.30 |
| Top Earners (P90) | $44.71 | $357.66 |
Estimated Annual Income by Work Schedule in Parsippany-Troy Hills
Based on $28.84/hr median hourly rate · 2026 est.
At $28.84/hr, a data analyst working full-time (40 hr/wk) in Parsippany-Troy Hills, NJ can expect to earn approximately $59,980 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $34,604. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Parsippany-Troy Hills.
Hourly Rate Calculator
Schedule Comparison in Parsippany-Troy Hills
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,153.46 | $4,998 | $59,980 |
| Part-Time (24 hrs) | $692.08 | $2,999 | $35,988 |
| Per Diem (16 hrs) | $461.38 | $1,999 | $23,992 |
Compare DA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Data Analyst (Parsippany-Troy Hills) | $28.84 |
| Data Analyst (National Avg) | $40.39 |
| Software Developer (National Avg) | $64.54 |
| Machine Learning Engineer (National Avg) | $66.77 |
| Statistician (National Avg) | $50.61 |
Data Analysts in Parsippany-Troy Hills, NJ earn a median of $59,987 per year (2026 est.), which is 25.38% lower than the national median of $80,394 and 1.20% above the New Jersey state average of $59,276.
Data Analyst Hourly Pay vs. Cost of Living
Working 24h/week at $28.84/hr = $35,988/year (purchasing power: $31,240).
Working 40h/week (full-time) = $59,980/year (purchasing power: $52,066).
CoL index: 115.2 (100 = national average).
2021 BLS Actual
$23.16/hr
2025 BLS Actual
$27.60/hr
2026 Current Est.
$28.84/hr
2021–2027 Growth
+30.1%
Hourly Rate Trajectory for Data Analysts in Parsippany-Troy Hills (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.48% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $23.16/hr | Actual |
| 2022 | $23.76/hr | Actual |
| 2023 | $24.80/hr | Actual |
| 2024 | $77.35/hr | Actual |
| 2025 | $27.60/hr | Actual |
| 2026(current) | $28.84/hr | Estimated |
| 2027 | $30.13/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for data analysts in Parsippany-Troy Hills grew 19.1% from $23.16/hr (2021) to $27.60/hr (2025). At a 4.48% projected growth rate, hourly pay is expected to reach $30.13/hr by 2027. Part-time and per-diem data analysts can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Parsippany-Troy Hills metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 4.48% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Data Analyst in Parsippany-Troy Hills
For those considering part-time positions as data analysts, working 24 hours a week translates into an annual take-home income of approximately $36,000, a substantial portion of which could be earned as a per-diem data analyst. The current market reflects a stark increase in compensation for contract roles, with billable rates reaching $100-$200 per hour for general consulting, while specialists in machine learning and generative AI can command between $300 and $600 per hour. Employers in the Parsippany-Troy Hills area vary widely, with FAANG companies and AI-focused startups offering competitive pay but also differing levels of benefits. It's crucial for hourly workers to negotiate effectively, weighing the trade-off between higher wages without benefits against lower hourly rates that include health insurance. Such negotiations can be pivotal in securing a balanced compensation package that meets personal and professional needs in this evolving job market.
More salary data for Parsippany-Troy Hills, NJ:
Frequently Asked Questions
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Written by Aisha Patel, MA, Certified Data Analyst
Career Analyst
Aisha has 10 years of experience in data analysis. She specializes in business intelligence and works at a tech consulting firm.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 4.48% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for data analysts in Parsippany-Troy Hills. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Parsippany-Troy Hills is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 4.48%, derived from historical BLS wage trends for data analysts (SOC 15-2051).
Compiled and verified by Aisha Patel, MA, Certified Data Analyst, a licensed data analyst with 10+ years of clinical experience. · View source data at BLS.gov