Data Analyst Salary in Parsippany-Troy Hills, NJ: $59,987 (2026)
Quick Answer:A full-time data analyst in Parsippany-Troy Hills, NJ earns a median $59,987/year (≈ $28.84/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2051). Once you factor in Parsippany-Troy Hills's price level (15% above national, BEA RPP 115.2), that paycheck buys what $52,072 would nationally. Nominal pay sits 1.2% above the New Jersey state average.
Based on BLS state-level estimates · View source
In 2026, the projected data analyst salary in Parsippany-Troy Hills, NJ, is set at $59,987, which reflects a notable 25.38% decline compared to the national median of $80,394. The local salary landscape ranges significantly, from a low of $34,793 to a high of $92,980, indicating a robust degree of variability in compensation depending on individual qualifications and employer. These figures are derived from BLS state-level data and adjusted for regional cost factors. As data analysts move up the ranking levels, progression from L4 to L5 and ultimately L6 can see substantial jumps in total compensation, making Parsippany-Troy Hills an intriguing area for professionals aiming to elevate their career in data analysis.
About the Parsippany-Troy Hills Market
Salary estimated from New Jersey average ($138,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $34,793 | $16.73 |
| Lower Range (P25) | $43,191 | $20.76 |
| Median (P50)(typical) | $59,987 | $28.84 |
| Upper Range (P75) | $76,783 | $36.91 |
| Top Earners (P90) | $92,980 | $44.71 |
Median Salary Position
25.38% below the national average
2026 Salary Percentile Distribution in Parsippany-Troy Hills
In Parsippany-Troy Hills, NJ, the data analyst salary spread from the 10th to 90th percentile is $58,187 (2026 est.). At $59,987, the local median is 25.38% below the national median of $80,394.
Salary Calculator
At 40 hours/week in Parsippany-Troy Hills: You'd be in the lower-middle range
How Parsippany-Troy Hills Data Analyst Pay Compares
Parsippany-Troy Hills median: $59,987/year (2026)
| Compared To | Median Salary | Parsippany-Troy Hills Pays |
|---|---|---|
| New Jersey Average | $59,276 | +1.20% more |
| National Average | $80,394 | -25.38% less |
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.
Cost-of-Living Adjusted Salary
Parsippany-Troy Hills has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Parsippany-Troy Hills, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $59,987 is competitive, the higher cost of living reduces purchasing power to an effective $52,072 — a 13.19% reduction.
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2021 BLS Actual
$48,189
2025 BLS Actual
$57,415
2026 Current Est.
$59,987
2021–2027 Growth
+30.1%
Salary 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 | Annual Salary | Status |
|---|---|---|
| 2021 | $48,189 | Actual |
| 2022 | $49,426 | Actual |
| 2023 | $51,584 | Actual |
| 2024 | $160,893 | Actual |
| 2025 | $57,415 | Actual |
| 2026(current) | $59,987 | Estimated |
| 2027 | $62,675 | Projected |
Based on 5 years of BLS OEWS data for the Parsippany-Troy Hills metropolitan area, the median data analyst salary grew 19.1% from $48,189 (2021) to $57,415 (2025). At a 4.48% compound annual growth rate, salaries are projected to reach $62,675 by 2027 — a total increase of $14,486 (30.06%) from 2021.
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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $34,793 – $43,191 |
| 3-5 years (Mid Career) | $43,191 – $59,987 |
| 5+ years (Experienced) | $59,987 – $76,783 |
| 10+ years (Top Earner) | $76,783 – $92,980 |
DA salary ranges estimated from BLS percentile data. Individual data analyst compensation varies by employer, certifications, and specialization.
Data Analyst Job Market in Parsippany-Troy Hills
With only eight data analysts currently employed in Parsippany-Troy Hills, the job market shows potential for growth, supported by a 4.48% annual increase in demand projected over the next five years. However, the higher cost of living in the area, marked by a cost of living index of 115.2, affects take-home pay and purchasing power. Major employers, particularly those within the FAANG spectrum or AI-focused startups, tend to offer the most competitive salaries, primarily influenced by the tier of the company, specialty, and the level of expertise required. To maximize pay in Parsippany-Troy Hills, candidates should consider roles in machine learning engineering or those with a focus on advanced analytics, as these positions frequently command better compensation packages due to their technical demands. Networking with leading firms and emphasizing relevant skill sets—like proficiency in machine learning frameworks—can also improve prospects for higher earnings in this competitive environment.
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $57,415 for data analystsin the Parsippany-Troy Hills metropolitan area. A 4.48% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
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