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Data Science Degree in Newark, NJ — Salary & ROI 2026

Data Science degree analysis for Newark, NJ. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$111K

COL-adjusted

Mid-Career

$169K

COL-adjusted

ROI Payback

2 yrs

in Newark

Cost of Living

135

index (100 = avg)

Data Science in Newark, NJ Overview

Newark, New Jersey (pop. 311,549) has 14 colleges offering Data Science 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. Data Science has seen growing enrollment nationally, reflecting rising employer demand for Python and Machine Learning skills. The adjusted starting salary in Newark is approximately $110,700, growing to $168,750 by mid-career.

Category

STEM

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%

Data Science Salary in Newark (COL-Adjusted)

Salaries adjusted for Newark's cost of living index of 135 (national average = 100).

Entry Level (0-2 yrs)
$110,700(+$28,700 vs national)
Mid Career (5-9 yrs)
$168,750(+$43,750 vs national)
Senior Level (15+ yrs)
$209,250(+$54,250 vs national)

Note: National average Data Science salary: $82,000 starting, $125,000 mid-career, $155,000 senior level.Newark adjustment factor: 1.35x based on the local cost of living index.

Data Science ROI Calculator for Newark

Estimate your return on investment for a Data Science 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

$63,450

vs HS diploma in Newark

ROI Payback Period

2 years

to break even

Lifetime Return in Newark

$1,358,452

Lifetime earnings premium ($1,485,000) minus total education cost ($126,548)

Student Loan Payoff for Data Science in Newark

Standard Plan (10 years)

Loan Amount$126,548
Monthly Payment$1,437
Total Interest$45,883
% of Monthly Income16%

Aggressive Plan (5 years)

Loan Amount$126,548
Monthly Payment$2,476
Total Interest$22,015
Interest Savings$23,868

Colleges in Newark for Data Science

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 Data Science in Newark

Newark offers opportunities in Tech companies, Research labs, Government agencies for Data Science graduates. National top employers in this field include:

GoogleAmazonMetaIBMMicrosoft

Key Newark Hiring Sectors for STEM

Tech companies

Research labs

Government agencies

Startups

Consulting firms

Common Data Science Job Titles

Data ScientistData AnalystML Engineer

Data Science 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 Data Science ROI in other cities, or explore other majors in Newark.

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