Business Administration Degree in Newark, NJ — Salary & ROI 2026
Business Administration degree analysis for Newark, NJ. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$78K
COL-adjusted
Mid-Career
$119K
COL-adjusted
ROI Payback
4.1 yrs
in Newark
Cost of Living
135
index (100 = avg)
Business Administration in Newark, NJ Overview
Newark, New Jersey (pop. 311,549) has 14 colleges offering Business Administration programs. The local cost of living index of 135 is higher than average, so budget accordingly, with average rent near campus at $1,595/month. Business Administration enrollment is stable nationwide, with steady demand for graduates skilled in Leadership and Strategic Planning. The adjusted starting salary in Newark is approximately $78,300, growing to $118,800 by mid-career.
Category
Business
Local Colleges
14
Public Tuition
$16,507/yr
Private Tuition
$47,742/yr
Room & Board
$15,130/yr
Avg Fin. Aid
$8,623/yr
Unemployment
3.6%
Graduation Rate
74%
Business Administration Salary in Newark (COL-Adjusted)
Salaries adjusted for Newark's cost of living index of 135 (national average = 100).
Note: National average Business Administration salary: $58,000 starting, $88,000 mid-career, $115,000 senior level.Newark adjustment factor: 1.35x based on the local cost of living index.
Business Administration ROI Calculator for Newark
Estimate your return on investment for a Business Administration degree using local Newark tuition and cost of living data.
Public avg: $16,507 | Private avg: $47,742
Newark avg aid: $8,623/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$126,548
tuition + room & board - aid
Annual Earnings Premium
$31,050
vs HS diploma in Newark
ROI Payback Period
4.1 years
to break even
Lifetime Return in Newark
$750,952
Lifetime earnings premium ($877,500) minus total education cost ($126,548)
Student Loan Payoff for Business Administration in Newark
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Newark for Business Administration
Rutgers University-Newark
public
$14,974/yr
$59,896 total
New Jersey Institute of Technology
public
$18,040/yr
$72,160 total
Community Colleges (2-Year Transfer)
Essex County College
$5,040/yr
Top Employers for Business Administration in Newark
Newark offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Business Administration graduates. National top employers in this field include:
Key Newark Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Business Administration Job Titles
Business Administration in Nearby New Jersey Cities
Jersey City, NJ
$74K starting · COL 127
23 colleges
Paterson, NJ
$75K starting · COL 129
5 colleges
Elizabeth, NJ
$67K starting · COL 115.5
6 colleges
Edison, NJ
$69K starting · COL 118.2
5 colleges
Lakewood, NJ
$75K starting · COL 128.8
5 colleges
Woodbridge, NJ
$65K starting · COL 112.5
4 colleges
Toms River, NJ
$68K starting · COL 117.7
4 colleges
Trenton, NJ
$78K starting · COL 134
8 colleges
Other Business Majors in Newark
Business Analytics
$105K starting · 2 yr ROI
Finance
$95K starting · 3.5 yr ROI
Economics
$88K starting · 4 yr ROI
Information Systems
$68K starting · 3.3 yr ROI
Supply Chain Management
$68K starting · 3.5 yr ROI
Operations Management
$68K starting · 3.8 yr ROI
Accounting
$84K starting · 3.8 yr ROI
Real Estate
$68K starting · 4 yr ROI
Business Administration Degree in Newark — FAQ
Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.
Explore More
Compare Business Administration ROI in other cities, or explore other majors in Newark.