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Quantitative Analyst Salary in Toms River, NJ — 2026

Quantitative Analyst salary data for Toms River, NJ — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

The median Quantitative Analyst salary in Toms River, NJ is $182,435 per year ($15,203/month, $88/hr). This reflects the local cost of living index of 117.7, which is 18% above the national average.

Entry Level
$124K
$59/hr
Median
$182K
$88/hr
Senior
$259K
$124/hr
Top Earner
$330K
$158/hr

Quantitative Analyst Take-Home Pay in Toms River

Tax Breakdown (Median Salary)

Gross Annual$182,435
Federal Tax-$32,518
State Tax (9.0%)-$16,364
FICA (SS + Medicare)-$13,956
Annual Take-Home$119,596
Monthly Take-Home$9,966

Living Cost Comparison

Median Rent$2,036/mo
Rent-to-Income Ratio13.4%
Median Home Price$497,000
Cost of Living Index117.7
City Median Salary$69,338
Quantitative Analyst vs City Median+$113,097

Quantitative Analyst Requirements

Education
Master's/Doctorate
Experience
2-5 years
Job Growth
12.0% (2024-2034)

Key Skills

PythonStatisticsMachine LearningStochastic CalculusFinancial Modeling

Toms River Job Market Overview

Toms River, New Jersey has a population of 95,438 and an unemployment rate of 4.0%. The top industries are Pharmaceuticals, Finance, Logistics. The local job growth rate is 2.5%, and the average commute time is 18 minutes.

Salary Percentile Breakdown — Quantitative Analyst in Toms River

Based on the cost-of-living-adjusted distribution for Quantitative Analyst in Toms River, NJ, here's how earnings break down across the workforce:

PercentileAnnual SalaryHourly EquivalentCareer Stage
10th (lowest)$123,585$59/hrEntry-level, < 1 yr exp.
25th$153,010$74/hrJunior, 1-3 yrs exp.
50th (median)$182,435$88/hrMid-career, 2-5 years
75th$258,940$124/hrSenior, 5-10 yrs exp.
90th (top)$329,560$158/hrLead/Principal, 10+ yrs

Percentiles estimated using a log-normal salary distribution model calibrated to Quantitative Analyst compensation data. Top earners (P90) typically include managers, specialists with rare skills, or those at high-paying employers in Toms River's Pharmaceuticals sector.

5-Year Salary Trajectory

Quantitative Analyst salaries in Toms River have grown approximately 22.0% over the past 5 years, outpacing local CPI inflation in many cases. Here's the historical and projected trajectory:

5 Years Ago
$149,537
Adjusted for Toms River COL
Today (2026)
$182,435
+22.0% vs 5y ago
Projected 2031
$222,571
If growth continues

Year-over-year, an average Quantitative Analyst can expect a 13.1% annual increase moving from entry to senior level over 6 years in Toms River. Negotiation, certifications (CFA, FRM), and changing employers strategically can accelerate this trajectory.

Toms River vs National Average

The national median Quantitative Analyst salary is $155,000. In Toms River, the cost-of-living-adjusted median of $182,435 is 17.7% above the national figure. This reflects Toms River's cost of living index of 117.7 (higher than the national average of 100).

For Quantitative Analysts, this means: rent typically consumes 20.4% of take-home pay (households spending >30% are considered affordable), and a median home in Toms River costs about 4.2× annual take-home. Homeownership is relatively attainable on this salary in Toms River.

Industry Context: Pharmaceuticals in Toms River

Toms River's economy is anchored by Pharmaceuticals, Finance, Logistics, with 95,438 residents and 4.0% unemployment as of 2026. Quantitative Analysts working in the Pharmaceuticals sector typically earn at or above the local median due to industry-specific demand. The state's overall job growth rate is 2.5%, and Quantitative Analyst occupations specifically are projected to grow 12.0% nationally through 2034 (BLS Occupational Outlook Handbook).

Methodology & Data Sources

How we calculate Quantitative Analyst salaries in Toms River, NJ:

  1. Base salary model starts with Salario occupation data and public wage references, including BLS OEWS and O*NET when a direct or related occupational crosswalk is available. For niche titles, we do not treat a broader SOC family as an exact job-title wage.
  2. Cost-of-living adjustment applied using the Toms River index of 117.7 relative to the national baseline of 100, with local rent, home price, unemployment, and tax inputs checked separately.
  3. Percentile distribution (P10-P90) estimated from the entry, median, senior, and top compensation tiers in the Salario salary model rather than claimed as exact employer payroll data.
  4. Take-home pay calculated using 2026 federal tax brackets (10%-37%), NJ state income tax of 9.0%, and FICA (Social Security 6.2% + Medicare 1.45%).
  5. Tax brackets and standard deduction ($16,100 single filer for tax year 2026) sourced from IRS Revenue Procedure 2025-32 and updated annually.

Authoritative data sources:

Last reviewed: 2026. Salary data updated annually as new BLS releases become available. Quantitative Analyst salaries can vary significantly based on employer, sector (Pharmaceuticals vs others in Toms River), specific skill set (Python, Statistics, Machine Learning), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.

Frequently Asked Questions

What is the average Quantitative Analyst salary in Toms River, NJ?
The median Quantitative Analyst salary in Toms River, NJ is $182,435 per year as of 2026. This is adjusted for the local cost of living index of 117.7. Entry-level Quantitative Analysts earn around $123,585, while senior-level professionals can earn $258,940 or more.
How much does a Quantitative Analyst take home in Toms River after taxes?
A Quantitative Analyst earning the median salary of $182,435 in Toms River, NJ takes home approximately $119,596 per year ($9,966/month) after federal, state, and local taxes. The effective tax rate is 34.4%.
Is Toms River a good city for Quantitative Analysts?
Toms River, NJ has a cost of living index of 117.7 (above national average). Quantitative Analysts here earn above the city median. The local unemployment rate is 4.0% and top industries include Pharmaceuticals, Finance, Logistics.
What skills are needed for a Quantitative Analyst in Toms River?
Key skills for Quantitative Analysts include Python, Statistics, Machine Learning, Stochastic Calculus, Financial Modeling. Typical education requirement is Master's/Doctorate. Valuable certifications include CFA, FRM.
How does Quantitative Analyst salary in Toms River compare to the national average?
The national median Quantitative Analyst salary is $155,000. In Toms River, the adjusted salary is $182,435, which is 17.7% higher than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Quantitative Analyst salary in Toms River, NJ?

The median Quantitative Analyst salary in Toms River, NJ is $182,435 per year as of 2026. This is adjusted for the local cost of living index of 117.7. Entry-level Quantitative Analysts earn around $123,585, while senior-level professionals can earn $258,940 or more.

How much does a Quantitative Analyst take home in Toms River after taxes?

A Quantitative Analyst earning the median salary of $182,435 in Toms River, NJ takes home approximately $119,596 per year ($9,966/month) after federal, state, and local taxes. The effective tax rate is 34.4%.

Is Toms River a good city for Quantitative Analysts?

Toms River, NJ has a cost of living index of 117.7 (above national average). Quantitative Analysts here earn above the city median. The local unemployment rate is 4.0% and top industries include Pharmaceuticals, Finance, Logistics.

What skills are needed for a Quantitative Analyst in Toms River?

Key skills for Quantitative Analysts include Python, Statistics, Machine Learning, Stochastic Calculus, Financial Modeling. Typical education requirement is Master's/Doctorate. Valuable certifications include CFA, FRM.

How does Quantitative Analyst salary in Toms River compare to the national average?

The national median Quantitative Analyst salary is $155,000. In Toms River, the adjusted salary is $182,435, which is 17.7% higher than the national average, reflecting the local cost of living.