Newark vs Union City: Financial Advisor Salary (2026)
Compare financial advisor salaries between Newark, NJ and Union City, NJ. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Newark, NJ | Union City, NJ |
|---|---|---|
| Median Salary | $175,922▲ | $123,314 |
| Hourly Rate | $84.58▲ | $59.28 |
| Entry Level (P10) | $102,035▲ | $71,523 |
| 25th Percentile | $126,663▲ | $88,786 |
| 75th Percentile | $225,181▲ | $157,842 |
| Top Earner (P90) | $272,679▲ | $191,137 |
| Total Employed | 61▲ | 17 |
Verdict
Newark, NJ offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Union City.
The salary gap between Newark and Union City is $52,608 (42.66%). Newark's median is +62.08% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Newark spans $170,644,Union City spans $119,614. Newark has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Newark ($152,710 effective) pays 42.66% more than Union City ($107,043 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Newark if…
- ✓Higher median salary ($175,922/year)
- ✓Better top-earner potential ($272,679)
- ✓Larger job market (61 employed)
- ✓Better purchasing power (CoL-adjusted: $152,710)
- ✓You prefer the New Jersey area and lifestyle
Choose Union City if…
- ✓You prefer the New Jersey area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Newark grew -5.0% from 2024 to 2025, compared to -29.0% growth in Union City over the same period.
Newark, NJ
$179,286 (2024) → $170,302 (2025)
Union City, NJ
$168,150 (2024) → $119,375 (2025)
View Full Salary Data
Newark, NJ
Union City, NJ
Frequently Asked Questions
Which city pays financial advisors more: Newark or Union City?
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Should I relocate from Newark to Union City as a financial advisor?
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Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS , released .
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov