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Algorithm Development Engineer Salary in New Jersey

How much does an Algorithm Development Engineer make in New Jersey? As of October 01, 2026, the average salary for an Algorithm Development Engineer in New Jersey is $120,878 per year, which breaks down to an hourly rate of $58.

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

  • Top Earners (90th percentile): $139,748
  • Majority Range (25th-75th percentile): $111,064 to $130,755
  • Entry-Level (10th percentile): $102,129
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Algorithm Development Engineer Job Openings in New Jersey

Key Factors That Influence Algorithm Development Engineer Salaries

An Algorithm Development Engineer'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 Development Engineer Salaries?

Experience is a primary driver of an Algorithm Development Engineer'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:

  • Entry-Level (less than 1 year): $93,412
  • Early Career (1-2 years): $107,052
  • Mid-Level (2-4 years): $118,820
  • Senior-Level (5-8 years): $145,249
  • Expert (over 8 years): $126,695
Job RoleYears of ExperienceAverage Salary
Process Engineer I less than 1 year $93,412
Process Engineer II 1-2 years $107,052
Algorithm Development Engineer 2-4 years $118,820
Process Engineer IV 5-8 years $145,249
Process Engineering Supervisor over 8 years $126,695

How Do Algorithm Development Engineer Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Algorithm Development Engineers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $123,476.
  • California: $123,008.
  • Massachusetts: $121,368.

Top Paying Cities for Algorithm Development Engineer

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: $126,648
  • Teterboro: $126,697
  • Alpine: $126,647

Algorithm Development Engineer Salary by Industry: Top Paying Sectors

For Algorithm Development Engineer roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Telecom and Healthcare sectors offer the strongest compensation, at 40% above the average. In contrast, Algorithm Development Engineer positions in Transportation or Energy & Utilities typically offer lower base pay, as these industries often view Algorithm Development Engineer as a support function rather than a direct revenue driver.

The top paying industries for an Algorithm Development Engineer

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Telecom $169,229 $81.0 40%
Healthcare $157,141 $76.0 30%
Biotechnology $145,053 $70.0 20%
Pharmaceuticals $139,009 $67.0 15%
Chemicals $132,965 $64.0 10%

Algorithm Development Engineer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Algorithm Development Engineer'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 October 01, 2026
$111,064
Average $120,878/year
$130,755
$9,255
Average $10,073/month
$10,896
$2,136
Average $2,325/week
$2,515
$53
Average $58/hour
$63
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $130,755 $10,896 $2,515 $63
Average $120,878 $10,073 $2,325 $58
25th Percentile $111,064 $9,255 $2,136 $53

Find Your Next Algorithm Development Engineer Job

Ready to take the next step in your career? Browse thousands of current Algorithm Development Engineer job openings on our job board. Use the search bar below to find your perfect match.

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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