FinanceUpdated Q1 2026

Quantitative Analyst Salary
in Paterson, NJ

Develop mathematical models and algorithms to support financial decision-making. Median salary in Paterson: $241K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$241K
per year
Take-home: $144K

Salary range in Paterson

Entry level (25th)$175,000
Median (50th)$241,000
Senior (75th)$322,000
Top earner (90th)$448,000

Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Paterson, New Jersey.

Key facts for Paterson

Median salary
$241K
annual
Take-home pay
$144K
after fed/state tax
COL index
140
100 = US avg
State income tax
10.75%
annual
Avg 1BR rent
$1,900
per month
YoY growth
+6.2%
salary trend

Salary forecast: Paterson Quantitative Analyst to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $241K by 2030.

Salary trend & forecast β€” Paterson

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Quantitative Analyst salary trend 2019–2030PROJECTED β†’$202K$220K$238K$255K$273K201920212023202520272029
2026
$247K
projected
2027
$253K
projected
2028
$260K
projected
2029
$266K
projected
2030
$273K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$241,000+$0
2028 projected$241,000+$0
2029 projected$241,000+$0
2030 projected$241,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Quantitative Analyst Salary in Paterson, New Jersey: Complete Guide (2026)

The median Quantitative Analyst salary in Paterson, NJ is $241,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Paterson–NJ metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Quantitative Analyst in Paterson

Entry-level Quantitative Analysts in Paterson with 0–2 years of experience typically earn between $175,000 and $241,000 annually. Mid-career professionals with 3–7 years command $241,000 to $322,000, while senior-level practitioners with 8+ years of experience regularly earn $322,000 to $448,000 or more.

Cost of living in Paterson for Quantitative Analysts

Paterson has a cost of living index of 140 compared to the US national average of 100. Paterson's cost of living is above the US average, so the salary figures above reflect local market rates. New Jersey has a 10.75% state income tax rate.

Education requirements for Quantitative Analyst

PhD in Math, Physics, or CS. 50% of these roles offer some remote flexibility.

Quantitative Analyst salary in nearby cities

CityMedian salaryCOL index
Paterson (current)$241K140
Newark$232K155
Jersey City$244K162
Elizabeth$249K145
Edison$237K138