Blockchain Developer Average Salary in New Jersey 2024
How much money does a person working as Blockchain Developer make in New Jersey?
LOW
50,400
USD AVERAGE
93,400
USD HIGH
141,000
USD
A person working as Blockchain Developer in New Jersey typically earns around 93,400 USD. Salaries range from 50,400 USD (lowest) to 141,000 USD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Blockchain Developer salaries in New Jersey vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Blockchain Developer Pay Scale and Salaries in New Jersey
Salary Structure and Pay Scale Comparison
83,200 USD or more
74,500 to 83,200 USD
55,400 USD or less
55,400 to 74,500 USD
 50,400 USD |
83,500 USD |
141,000 USD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Blockchain Developer in New Jersey range from 50,400 USD (starting salary) to 141,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 83,500 USD, half of the professionals who work as Blockchain Developer in New Jersey earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Blockchain Developer in New Jersey earn less than 69,900 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 94,200 USD while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Blockchain Developer in New Jersey compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 55,400 USD to 74,500 USD. About 20% of salaries are below the 55,400 USD mark, while 10% fall within the range of 74,500 USD to 83,200 USD. Only 5% of individuals have salaries exceeding 83,200 USD.
Salary Comparison by Years of Experience / Blockchain Developer / New Jersey
How do experience and age affect pay?
| 0 - 2 Years | 58,600 USD | |
| 2 - 5 Years | +26% | 74,000 USD |
| 5 - 10 Years | +32% | 97,500 USD |
| 10 - 15 Years | +18% | 115,000 USD |
| 15 - 20 Years | +11% | 127,000 USD |
| 20+ Years | +6% | 135,000 USD |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Blockchain Developer and this is what we found.
Employees with less than two years of experience earn approximately 58,600 USD.
While someone with an experience level between two and five years is expected to earn 74,000 USD, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 97,500 USD, 32% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 115,000 USD, 18% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 127,000 USD, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 135,000 USD, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Blockchain Developer / New Jersey
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Blockchain Developer.
| Certificate or Diploma | 74,000 USD | |
| Bachelor's Degree | +32% | 97,500 USD |
| Master's Degree | +37% | 134,000 USD |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Blockchain Developer in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 74,000 USD.
Level 2: Bachelor's Degree
At this level, the average salary becomes 97,500 USD, 32% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 134,000 USD, 37% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in United States costs anywhere from 39,600 USD to 119,000 USD and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Blockchain Developer / New Jersey
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Blockchain Developer in United States, the average difference between the salary of male and female employees is 5%.
| Male | 83,500 USD | |
| Female | -5% | 79,700 USD |
Salary Comparison By Gender in United States for all Careers
Average Annual Salary Increment Percentage / Blockchain Developer / New Jersey
How much are annual salary increments in New Jersey for individuals working as Blockchain Developer? How often do employees get salary raises?
Individuals working as Blockchain Developer in United States are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
United States / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Blockchain Developer / United States
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/information-technology/other-it/blockchain-developer/annual-salary-bonus-rate-united-states-blockchain-developer.jpg
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Blockchain Developer / New Jersey
45 USD per hourThe average hourly wage (pay per hour) for individuals working as Blockchain Developer in New Jersey is 45 USD.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Blockchain Developer in New Jersey is 24 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Information Technology |  -100% | |
| A/B Testing Specialist | 87,600 USD | -6% |
| Applications System Specialist | 89,200 USD | -4% |
| Artificial Intelligence / Machine Learning Analyst | 113,000 USD |  +21% |
| Artificial Intelligence / Machine Learning Developer | 107,000 USD | +15% |
| Artificial Intelligence / Machine Learning Ethics Officer | 128,000 USD | +37% |
| Artificial Intelligence / Machine Learning Governance Specialist | 141,000 USD | +51% |
| Artificial Intelligence / Machine Learning Implementation Officer | 143,000 USD | +53% |
| Artificial Intelligence / Machine Learning Lead | 148,000 USD | +58% |
| Artificial Intelligence / Machine Learning Officer | 145,000 USD | +55% |
| Artificial Intelligence / Machine Learning Prompt Specialist | 96,200 USD | +3% |
| Artificial Intelligence / Machine Learning Research Scientist | 135,000 USD | +45% |
| Artificial Intelligence / Machine Learning Sales | 111,000 USD | +19% |
| Artificial Intelligence / Machine Learning Software Engineer | 110,000 USD | +18% |
| Artificial Intelligence / Machine Learning Strategist | 147,000 USD | +57% |
| Artificial Intelligence / Machine Learning Trainer | 105,000 USD | +12% |
| Artificial Intelligence and Machine Learning Specialist | 116,000 USD | +24% |
| Artificial Intelligence Developer | 116,000 USD | +24% |
| Blockchain Associate | 100,000 USD | +7% |
| Blockchain Developer | 93,400 USD | +0% |
| Blockchain Engineer | 104,000 USD | +11% |
| ChatGPT Expert | 93,300 USD | -0% |
| Computer Animator | 88,900 USD | -5% |
| Computer Engineer | 84,700 USD | -9% |
| Computer Hardware Engineer | 84,400 USD | -10% |
| Computer Operator | 69,100 USD | -26% |
| Computer Support Specialist | 76,900 USD | -18% |
| Computer Technician | 79,300 USD | -15% |
| Copy Editor | 84,200 USD | -10% |
| Data Center Specialist | 105,000 USD | +12% |
| Data Center Technician | 89,500 USD | -4% |
| Data Visualization Specialist | 94,900 USD | +2% |
| Deep Learning Developer | 101,000 USD | +8% |
| Digital Ethics Consultant | 111,000 USD | +19% |
| Documentation Specialist | 87,900 USD | -6% |
| Ethical Hacker | 92,100 USD | -1% |
| GIS Analyst | 91,400 USD | -2% |
| Global BI Analyst | 108,000 USD | +16% |
| Hardware Design Engineer | 99,700 USD | +7% |
| Hardware Technician | 79,500 USD | -15% |
| Help Desk Analyst | 96,300 USD | +3% |
| Informatics Optimization Specialist | 105,000 USD | +12% |
| Information Assurance Analyst | 106,000 USD | +13% |
| Information Technology Infrastructure Engineer | 85,200 USD | -9% |
| Information Technology Quality Specialist | 100,000 USD | +7% |
| Information Technology Trainer | 101,000 USD | +8% |
| Interface Designer | 81,200 USD | -13% |
| Microsystems Engineer | 97,900 USD | +5% |
| Mobile Interface Designer | 104,000 USD | +11% |
| Neural Network Engineer | 113,000 USD | +21% |
| Numerical Control Programmer | 83,700 USD | -10% |
| Records Manager | 82,600 USD | -12% |
| Robotic Process Automation Compliance Analyst | 99,300 USD | +6% |
| Scrum Master | 85,000 USD | -9% |
| Software Sales | 89,600 USD | -4% |
| Software Specialist | 90,200 USD | -3% |
| Software Tester | 85,800 USD | -8% |
| Storage Engineer | 85,800 USD | -8% |
| Systems Engineer | 81,300 USD | -13% |
| Systems Integrator | 97,800 USD | +5% |
| Technical Sales | 95,700 USD | +2% |
| Technical Trainer | 101,000 USD | +8% |
| Technical Writer | 87,600 USD | -6% |
| Tester | 82,200 USD | -12% |
| Usability Engineer | 98,100 USD | +5% |
| User Experience Consultant | 102,000 USD | +9% |
| User Experience Design Expert | 107,000 USD | +15% |
| User Experience Researcher | 108,000 USD | +16% |
| User Interface Designer | 97,200 USD | +4% |
| Video Game Designer | 87,000 USD | -7% |
| Virtual / Augmented Reality Architect | 121,000 USD | +30% |
| Virtual / Augmented Reality Compliance Specialist | 118,000 USD | +26% |
| Virtual / Augmented Reality Consultant | 133,000 USD | +42% |
| Virtual / Augmented Reality Designer | 129,000 USD | +38% |
| Virtual / Augmented Reality Developer | 113,000 USD | +21% |
| Virtual / Augmented Reality Engineer | 114,000 USD | +22% |
| Virtual / Augmented Reality Filmmaker | 137,000 USD | +47% |
| Virtual / Augmented Reality Game Developer | 116,000 USD | +24% |
| Virtual / Augmented Reality Marketing Specialist | 123,000 USD | +32% |
| Virtual / Augmented Reality Officer | 148,000 USD | +58% |
| Virtual / Augmented reality Sales Consultant | 149,000 USD | +60% |
| Virtual / Augmented Reality Simulator Operator | 103,000 USD | +10% |
| Virtual / Augmented Reality Specialist | 126,000 USD | +35% |
| Virtual / Augmented Reality Technician | 107,000 USD | +15% |
| Virtual / Augmented Reality Trainer | 138,000 USD | +48% |
| Virtual / Augmented Reality User Experience Designer | 106,000 USD | +13% |
| Visual Information Specialist | 91,400 USD | -2% |
| Voice Interface Designer | 78,900 USD | -16% |
| Writer and Documentor | 85,500 USD | -8% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.
| Private Sector | 92,800 USD | |
| Public Sector | +5% | 97,500 USD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Blockchain Developer in New Jersey?
A good and competitive compensation would range anywhere between 83,500 USD and 94,200 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Blockchain Developer in New Jersey ranges from 50,400 USD to 69,900 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
