Algorithm and Simulation Engineer V Salary in New Jersey

How much does an Algorithm and Simulation Engineer V make in New Jersey?

As of April 01, 2026, the average salary for an Algorithm and Simulation Engineer V in New Jersey is $188,513 per year, which breaks down to an hourly rate of $91.

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

  • Top Earners (90th percentile): $205,752
  • Majority Range (25th-75th percentile): $180,449 to $197,536
  • Entry-Level (10th percentile): $173,107
Compensation Planning
Develop a Job Description
Pay Equity
2025 Compensation Trend
AI-Powered HR
Recruit with AI
Salary Salary + Bonus Benefits
Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $180,449 10% $173,107 90% $205,752 75% $197,536 $188,513 50%(Median) Didn’t find job title? Click

Algorithm and Simulation Engineer V Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $197,536 $16,461 $3,799 $95
Average $188,513 $15,709 $3,625 $91
25th Percentile $180,449 $15,037 $3,470 $87
Check out Algorithm and Simulation Engineer V Job Openings in New Jersey
Flight Sciences Engineer Aerodynamics&amp Simulation

Associates Systems LLC - Ewing Township, NJ

Senior Systems Engineer Modeling&amp Simulation

Lockheed Martin - Camden, NJ

LTE Modem Engineer TTCN3&amp Network Simulation

Scadea Solutions Inc - Trenton, NJ

Senior Radar Modeling&amp Simulation Software Engineer

Lockheed Martin - Camden, NJ

Search More Algorithm and Simulation Engineer V Jobs in New Jersey
Select State
Select City in NJ
Choose Similar Job
Choose Category
Cost of Living
Average Salary for United States
See it in Action

Key Factors That Influence Algorithm and Simulation Engineer V Salaries

An Algorithm and Simulation Engineer V'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.

How Experience Level Affects Algorithm and Simulation Engineer Salaries?

Experience is a primary driver of an Algorithm and Simulation Engineer V'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 and Simulation Engineer I (0-2 years): $84,943
  • Algorithm and Simulation Engineer II (2-4 years): $101,637
  • Algorithm and Simulation Engineer III (4-7 years): $128,612
  • Algorithm and Simulation Engineer IV (7+ years): $156,683
  • Algorithm and Simulation Engineer V (7-10 years): $188,513
Job Role Years of Experience Average Salary
Algorithm and Simulation Engineer I0-2 years$84,943
Algorithm and Simulation Engineer II2-4 years$101,637
Algorithm and Simulation Engineer III4-7 years$128,612
Algorithm and Simulation Engineer IV7+ years$156,683
Algorithm and Simulation Engineer V7-10 years$188,513
$84,943 Algorithm...
$101,637 Algorithm...
$128,612 Algorithm...
$156,683 Algorithm...
$188,513 Algorithm...
View as Table
View as Graph

What Am I Worth?

Top Paying Cities for Algorithm and Simulation Engineer Vs

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:

  • Maywood: $198,513
  • Teterboro: $198,513
  • Alpine: $198,687

Algorithm and Simulation Engineer V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Algorithm and Simulation Engineer V'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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on April 01, 2026
$180,449
Average $188,513/year
$197,536
$15,037
Average $15,709/month
$16,461
$3,470
Average $3,625/week
$3,799
$87
Average $91/hour
$95
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $197,536 $16,461 $3,799 $95
Average $188,513 $15,709 $3,625 $91
25th Percentile $180,449 $15,037 $3,470 $87

Salaries of jobs related to Algorithm and Simulation Engineer V

Find Your Next Algorithm and Simulation Engineer V Job

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

United States
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 New Jersey

Cost of Living in New Jersey is
8.4% 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