Cherry Hill Hourly Wage & Salary 2026
Cherry Hill, NJ: $38.35/hr median hourly wage, $79,769 median annual salary, cost of living index 119.1, and $15.13/hr minimum wage. Calculate take-home pay with federal and New Jersey taxes.
Cherry Hill Hourly Wage Quick Answer
The median hourly wage in Cherry Hill, NJ is $38.35/hr, equivalent to $79,769 per year at 2,080 work hours. Entry-level pay estimates around $23.78/hr, senior-level pay estimates around $54.46/hr, and the local minimum wage is $15.13/hr.
Median Salary
$79,769
$38.35/hr
Cost of Living
119.1
US avg = 100
Minimum Wage
$15.13
per hour
Unemployment
4.5%
rate
Cherry Hill, NJ Overview
Population
74,553
Median Salary
$79,769
Average Salary
$89,341
Avg Commute
17 min
Median Home Price
$429,000
Median Rent
$1,753/mo
Job Growth
+1.4%
Sales Tax
6.625%
Cherry Hill is located in New Jersey with a population of 74,553. The median household salary is $79,769 per year ($38.35/hour), which is $20,385 above the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +1.4%.
Cherry Hill Salary by Experience Level (2026)
Wage distribution in Cherry Hill, NJ based on BLS percentile breakdown of the $79,769 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $49,457 | $23.78/hr | 0–2 years |
| Mid-Level (Median) | $79,769 | $38.35/hr | 3–7 years |
| Senior-Level | $113,272 | $54.46/hr | 8–15 years |
| Top 10% (90th Percentile) | $141,989 | $68.26/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Cherry Hill Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Cherry Hill, NJ, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$57,792
$4,816.02/month · $2,222.78/biweekly · Effective Rate: 27.6%
Biweekly paycheck estimate: this salary equals about $2,222.78 take-home per paycheck after estimated New Jersey and federal taxes. For the 26-paycheck formula, three-paycheck months, and withholding examples, see the Biweekly Paycheck Calculator.
Gross Pay
$79,769
Federal Tax
-$8,719
State Tax
-$7,155
Local Tax
$0
FICA
-$6,102
Net Pay
$57,792
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $6,647.42 | $79,769.00 |
| Federal Income Tax | -$726.60 | -$8,719.18 |
| New Jersey State Tax (8.97%) | -$596.27 | -$7,155.28 |
| Social Security (6.2%) | -$412.14 | -$4,945.68 |
| Medicare (1.45%) | -$96.39 | -$1,156.65 |
| Net Take-Home Pay | $4,816.02 | $57,792.21 |
Salary Comparison: Cherry Hill vs Other Cities
See how Cherry Hill's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Cherry Hill, NJ | $79,769 | 119.1 | $66,976 |
| National Average | $59,384 | 100 | $59,384 |
| Brick Township, NJ | $79,862 | 119 | $67,111 |
| Gloucester Township, NJ | $79,997 | 116.7 | $68,549 |
| Roswell, GA | $80,000 | 108 | $74,074 |
| New Rochelle, NY | $80,000 | 150 | $53,333 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Cherry Hill
Cherry Hill's cost of living index is 119.1 (national average = 100). Living in Cherry Hill is 19.099999999999994% more expensive than the national average.
Median Home Price
$429,000
Median Monthly Rent
$1,753
Annual Rent Cost
$21,036
Your Salary's Purchasing Power
Your $57,792 annual take-home pay in Cherry Hill has the purchasing power of approximately $48,524 in an average-cost US area. You would need to earn $95,005 in Cherry Hill to match a $79,769 salary in an average-cost city.
Top Industries in Cherry Hill
Cherry Hill's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $79,769.
Salary Tips for Cherry Hill Workers
- Maximize pre-tax deductions. With a 8.97% state income tax rate, maximizing 401(k) contributions (up to $24,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Cherry Hill's top industries include Pharmaceuticals, Finance, Logistics. Targeting roles in these sectors can help you earn above the $79,769 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Cherry Hill salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Cherry Hill-NJ metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Cherry Hill indexed at 119.1.
- Median salary calculation: weighted average of Cherry Hill's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $79,769 annual median.
- Tax burden reflects New Jersey state income tax (8.97%) (no local income tax), sales tax (6.625%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Cherry Hill: 4.5%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Pharmaceuticals, Finance, Logistics — based on QCEW employment concentration data.
- Job growth: 1.4% projected through 2034, derived from BLS Employment Projections program for New Jersey.
- Housing context: median home price $429,000, median rent $1,753/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Cherry Hill, NJ:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Cherry Hill unemployment rate
- U.S. Census Bureau — Cherry Hill QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — New Jersey — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Cherry Hill's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent New Jersey labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the hourly wage in Cherry Hill, NJ?
The median hourly wage in Cherry Hill, NJ is $38.35 per hour. At a standard 2,080-hour work year, that equals about $79,769 per year. Entry-level workers are estimated around $23.78/hr, while senior-level workers are estimated around $54.46/hr before overtime, bonuses, or benefits.
What is the median salary in Cherry Hill, NJ?
The median salary in Cherry Hill, NJ is $79,769 per year, or $38.35 per hour. The average salary is $89,341. This is $20,385 above the national median of $59,384.
What is the cost of living in Cherry Hill, NJ?
Cherry Hill's cost of living index is 119.1 (national average = 100), meaning it is 19.099999999999994% more expensive compared to the national average. The median home price is $429,000 and the median monthly rent is $1,753.
What are the best industries in Cherry Hill?
The top industries in Cherry Hill, NJ include Pharmaceuticals, Finance, Logistics. The city has a job growth rate of 1.4% and an unemployment rate of 4.5%. Workers in these industries often earn above the city's median salary of $79,769.
How does Cherry Hill's salary compare to other cities?
Cherry Hill's median salary of $79,769 is 34.3% above the national median of $59,384. However, when adjusted for cost of living (index: 119.1), the real purchasing power is approximately $66,976.
What is the minimum wage in Cherry Hill, NJ?
The minimum wage in Cherry Hill, NJ is $15.13 per hour. This equals approximately $31,470 per year for a full-time worker (40 hours/week). This is $7.88 above the federal minimum wage of $7.25/hour.