Physician Salary in Newark, NJ
Physician salary data for Newark, NJ — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.
Physician Salary in Newark, NJ — 2026
The median Physician salary in Newark, NJ is $244,950 per year ($20,413/month, $118/hr). This reflects the local cost of living index of 115, which is 15% above the national average.
Physician Take-Home Pay in Newark
Tax Breakdown (Median Salary)
| Gross Annual | $244,950 |
| Federal Tax | -$50,647 |
| State Tax (5.5%) | -$13,546 |
| FICA (SS + Medicare) | -$14,470 |
| Annual Take-Home | $166,287 |
| Monthly Take-Home | $13,857 |
Living Cost Comparison
Physician Requirements
Key Skills
Newark Job Market Overview
Newark, New Jersey has a population of 311,549 and an unemployment rate of 5.0%. The top industries are Transportation, Healthcare, Finance. The local job growth rate is 1.0%, and the average commute time is 35 minutes.
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Physician Salary in Nearby New Jersey Cities
Frequently Asked Questions
What is the average Physician salary in Newark, NJ?
How much does a Physician take home in Newark after taxes?
Is Newark a good city for Physicians?
What skills are needed for a Physician in Newark?
How does Physician salary in Newark compare to the national average?
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Frequently Asked Questions
What is the average Physician salary in Newark, NJ?
The median Physician salary in Newark, NJ is $244,950 per year as of 2026. This is adjusted for the local cost of living index of 115. Entry-level Physicians earn around $200,100, while senior-level professionals can earn $347,300 or more.
How much does a Physician take home in Newark after taxes?
A Physician earning the median salary of $244,950 in Newark, NJ takes home approximately $166,287 per year ($13,857/month) after federal, state, and local taxes. The effective tax rate is 32.1%.
Is Newark a good city for Physicians?
Newark, NJ has a cost of living index of 115 (above national average). Physicians here earn above the city median. The local unemployment rate is 5.0% and top industries include Transportation, Healthcare, Finance.
What skills are needed for a Physician in Newark?
Key skills for Physicians include Diagnosis, Treatment Planning, Patient Communication, Clinical Research, EHR. Typical education requirement is Doctor of Medicine (MD). Valuable certifications include USMLE, Board Certification, State Licensure.
How does Physician salary in Newark compare to the national average?
The national median Physician salary is $213,000. In Newark, the adjusted salary is $244,950, which is 15.0% higher than the national average, reflecting the local cost of living.