upper level job

Senior Algorithm Engineer Salary in Summit, NJ

How much does a Senior Algorithm Engineer make in Summit, NJ?

As of August 01, 2026, the average salary for a Senior Algorithm Engineer in Summit, NJ is $137,300 per year, which breaks down to an hourly rate of $66.

However, a Senior Algorithm Engineer's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $157,360
  • Majority Range (25th-75th percentile): $129,000 to $147,800
  • Entry-Level (10th percentile): $121,443
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI-Powered Talent
Recruit with AI
View as table View as graph 25% $129,000 10% $121,443 90% $157,360 75% $147,800 $137,300 50%(Median) Didn’t find job title? Click

Senior Algorithm Engineer Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $147,800 $12,317 $2,842 $71
Average $137,300 $11,442 $2,640 $66
25th Percentile $129,000 $10,750 $2,481 $62
Check out Senior Algorithm Engineer Job Openings in Summit, NJ
Senior Software Engineer

Remedy - Summit, NJ

Amazon Warehouse

Amazon - Summit, NJ

Head of Investor Relations

Confidential - Summit, NJ

General Counsel Contracts and HR

Confidential - Summit, NJ

Search More Senior Algorithm Engineer Jobs in Summit, NJ

Key Factors That Influence Senior Algorithm Engineer Salaries

A Senior Algorithm Engineer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills, and company size can directly affect your earning potential.

How Experience Level Affects Senior Algorithm Engineer Salaries?

Experience is a primary driver of a Senior Algorithm Engineer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Algorithm Engineer I (0-2 years): $104,344
  • Algorithm Engineer II (2-4 years): $122,132
  • Senior Algorithm Engineer (4-7 years): $137,259
  • Principal Algorithm Engineer (7+ years): $178,302
  • Lead Algorithm Engineer (7-10 years): $198,308
Job Role Years of Experience Average Salary
Algorithm Engineer I0-2 years$104,344
Algorithm Engineer II2-4 years$122,132
Senior Algorithm Engineer4-7 years$137,259
Principal Algorithm Engineer7+ years$178,302
Lead Algorithm Engineer7-10 years$198,308
$104,344 Algorithm...
$122,132 Algorithm...
$137,259 Senior Al...
$178,302 Principal...
$198,308 Lead Algo...
View as Table
View as Graph

What Am I Worth?

Top Paying Cities for Senior Algorithm Engineers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $153,800
  • San Francisco: $152,100
  • Oakland: $148,900

What Skills Can Increase a Senior Algorithm Engineer's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 2.97% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Data Science (Mentioned in 4.67% Job Postings): Data science is a multi-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data. Data science is the same concept as data mining and big data: "use the most powerful hardware, the most powerful programming systems, and the most efficient algorithms to solve problems". Data science is a "concept to unify statistics, data analysis, machine learning and their related methods" in order to "understand and analyze actual phenomena" with data. It employs techniques and theories drawn from many fields within the context of mathematics, statistics, computer science, and information science. Turing award winner Jim Gray imagined data science as a "fourth paradigm" of science (empirical, theoretical, computational and now data-driven) and asserted that "everything about science is changing because of the impact of information technology" and the data deluge. In 2015, the American Statistical Association identified database management, statistics and machine learning, and distributed and parallel systems as the three emerging foundational professional communities.
  • Artificial Intelligence (Mentioned in 1.5% Job Postings): Artificial intelligence is the simulation of human intelligence processes by machines, especially computer systems. Specific applications of AI include expert systems, natural language processing, speech recognition and machine vision.
See More Skills
Skills Demand Percentage
Analysis 2.97%
Data Science 4.67%
Artificial Intelligence 1.5%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Senior Algorithm Engineer's salary.
  • Commitment: Can increase your salary by up to 4%.
  • Team Building: Can increase your salary by up to 4%.
  • Active Learning: Can increase your salary by up to 4%.
Skill Salary Salary % Increase
Commitment
$142,792
4%
Team Building
$142,792
4%
Active Learning
$142,792
4%
Presentation
$142,792
4%
Continuous Learning
$141,419
3%
Data Structure
$140,046
2%
Get Latest Data

Senior Algorithm Engineer Salary by Company Size: Startups vs. Enterprise

Senior Algorithm Engineer salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $153,699. While startup companies pay approximate $130,026.

Senior Algorithm Engineer Salary by Company Size

Company Size Employees Average Salary
Startup1~50$130,026
Growth Stage51~500$137,518
Established501~5000$148,424
Enterprise5000+$153,699

Senior Algorithm Engineer Salary by Industry: Top Paying Sectors

For Senior Algorithm Engineer roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Biotechnology sectors offer the strongest compensation, at 40% above the average. In contrast, Senior Algorithm Engineer positions in Transportation or Media typically offer lower base pay, as these industries often view Senior Algorithm Engineer as a support function rather than a direct revenue driver.

The top paying industries for a Senior Algorithm Engineer

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals$192,220$92.040%
Biotechnology$171,625$83.025%
Financial Services$171,625$83.025%
Insurance$157,895$76.015%
Energy & Utilities$151,030$73.010%

Senior Algorithm Engineer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Senior Algorithm Engineer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026

Senior Algorithm Engineer Salary Growth & Career Path

For a Senior Algorithm Engineer, the most direct path to higher earnings is advancing to the Principal Algorithm Engineer role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $178,400 - a projected growth of 30% over your current level.

Find Your Next Senior Algorithm Engineer Job

Ready to take the next step in your career? Browse thousands of current Senior Algorithm Engineer job openings on our job board. Use the search bar below to find your perfect match.

United States
  • Summit Oaks Hospital

    Summit, NJ

    Summit Oaks Hospital | Summit, NJ

    Our Housekeeping Department is seeking a dependable and flexible person to perform such housekeeping routines as cleaning of patient rooms, offices, and pu... more

    4 Days Ago

  • Volto

    Summit, NJ

    Volto | Summit, NJ

    Duties:Job Functions:The RRT will provide direct patient care services with specific emphasis on pulmonary function testing and initiation of CPAP devices.... more

    4 Days Ago

  • Atlantic Health System

    Summit, NJ

    Atlantic Health System | Summit, NJ

    Atlantic Health System is Seeking a Part-Time Advanced Practice Professional (NP/PA) for Pediatric NeurologyAtlantic Health System, one of New Jersey's lar... more

    4 Days Ago

  • TechDigital Corporation

    Summit, NJ

    TechDigital Corporation | Summit, NJ

    Job TitleThis role will support the implementation of a new ERP system across multiple cell therapy facilities in northern New Jersey. The site data lead w... more

    4 Days Ago

  • Atlantic Health System

    Summit, NJ

    Atlantic Health System | Summit, NJ

    Atlantic Health is seeking a compassionate and clinically skilled Registered Nurse to join our Outpatient Oncology team.The RN will work collaboratively wi... more

    5 Days Ago

  • CSI International

    Summit, NJ

    CSI International | Summit, NJ

    Who We Are:CSI International Inc, founded in 1989 and headquartered in Ft.Lauderdale, FL, provides integrated building services to clients in real estate, ... more

    5 Days Ago

For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

Cost of Living In Summit, NJ

Cost of Living in Summit, NJ is
25.5% Higher
than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Explore Cost of Living Calculator
Empower Your Team

Salary.com experts will help you thrive your workplaces.

Find Salary.com Comp Consulting
See Salary Trends in 2025

Salary.com provides salary survey data for thousands of industry Jobs.

Price Your Company Jobs and Make Pay Fair

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
lower level job