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As of August 01, 2026, the average salary for a Sr. Lead Algorithm Engineer in New Jersey is $213,663 per year, which breaks down to an hourly rate of $103.
However, a Sr. Lead Algorithm Engineer's salary can vary significantly. Here’s a look at the typical salary range:
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Sr. Lead Algorithm Engineer Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $228,083 | $19,007 | $4,386 | $110 |
| Average | $213,663 | $17,805 | $4,109 | $103 |
| 25th Percentile | $194,803 | $16,234 | $3,746 | $94 |
JPMorgan Chase - Jersey City, NJ
H&H - Hamilton, NJ
H&H - Mount Laurel, NJ
Tri-State Energy, Inc. - New Brunswick, NJ
A Sr. Lead 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, and company size can directly affect your earning potential.
Experience is a primary driver of a Sr. Lead 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:
| Levels | Salary |
|---|---|
| Entry Level Sr. Lead Algorithm Engineer | $206,083 |
| Intermediate Level Sr. Lead Algorithm Engineer | $207,491 |
| Senior Level Sr. Lead Algorithm Engineer | $208,053 |
| Specialist Level Sr. Lead Algorithm Engineer | $210,305 |
| Expert Level Sr. Lead Algorithm Engineer | $212,276 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Sr. Lead Algorithm Engineers. For example, consider the average annual salaries in these key locations:
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:
Sr. Lead Algorithm Engineer salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $239,183. While startup companies pay approximate $202,344.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $202,344 |
| Growth Stage | 51~500 | $214,002 |
| Established | 501~5000 | $230,974 |
| Enterprise | 5000+ | $239,183 |
For Sr. Lead Algorithm Engineer roles, the industry you choose can affect earning potential by as much as 47% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Financial Services sectors offer the strongest compensation, at 25% above the average. In contrast, Sr. Lead Algorithm Engineer positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Sr. Lead Algorithm Engineer as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $267,079 | $128.0 | 25% |
| Financial Services | $256,396 | $123.0 | 20% |
| Biotechnology | $245,712 | $118.0 | 15% |
| Internet | $245,712 | $118.0 | 15% |
| Pharmaceuticals | $245,712 | $118.0 | 15% |
Understanding how a Sr. Lead 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $228,083 | $19,007 | $4,386 | $110 |
| Average | $213,663 | $17,805 | $4,109 | $103 |
| 25th Percentile | $194,803 | $16,234 | $3,746 | $94 |
For a Sr. Lead Algorithm Engineer, the most direct path to higher earnings is advancing to the Algorithm Engineering Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $191,800 - a projected growth of -10% over your current level.
Ready to take the next step in your career? Browse thousands of current Sr. Lead Algorithm Engineer job openings on our job board. Use the search bar below to find your perfect match.
Citi
Jersey City, NJ
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Jersey City, NJ
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Citi
Jersey City, NJ
Citi | Jersey City, NJ
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J.P. Morgan
Jersey City, NJ
J.P. Morgan | Jersey City, NJ
hackajob is collaborating with J.P. Morgan to connect them with exceptional professionals for this role. Base Pay/SalaryJersey City,NJ $171,000.00-$260,000... more
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J.P. Morgan
Jersey City, NJ
J.P. Morgan | Jersey City, NJ
hackajob is collaborating with J.P. Morgan to connect them with exceptional professionals for this role. Base Pay/SalaryJersey City,NJ $171,000.00-$260,000... more
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J.P. Morgan
Jersey City, NJ
J.P. Morgan | Jersey City, NJ
hackajob is collaborating with J.P. Morgan to connect them with exceptional professionals for this role. JOB DESCRIPTION We have an exciting and rewarding ... more
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