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As of August 01, 2026, the average salary for a Business Development Engineer in New Jersey is $84,375 per year, which breaks down to an hourly rate of $41.
However, a Business Development Engineer's salary can vary significantly. Here’s a look at the typical salary range:
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Business Development Engineer Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $93,411 | $7,784 | $1,796 | $45 |
| Average | $84,375 | $7,031 | $1,623 | $41 |
| 25th Percentile | $76,893 | $6,408 | $1,479 | $37 |
Quaker Mechanical - Riverton, NJ
Networx Systems Inc - Tenafly, NJ
Kaye Personnel, Inc - Cherry Hill, NJ
Dare Commercial Services - Franklinville, NJ
A Business Development 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 Business Development 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 |
|---|---|
| Business ... Level Business Development Engineer | $70,245 |
| Business ... Level Business Development Engineer | $83,711 |
| Business ... Level Business Development Engineer | $108,551 |
| Business ... Level Business Development Engineer | $143,038 |
| Business ... Level Business Development Engineer | $183,492 |
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 Business Development 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:
For Business Development Engineer roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Biotechnology sectors offer the strongest compensation, at 25% above the average. In contrast, Business Development Engineer positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Business Development Engineer as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $105,469 | $51.0 | 25% |
| Biotechnology | $101,250 | $49.0 | 20% |
| Financial Services | $101,250 | $49.0 | 20% |
| Internet | $101,250 | $49.0 | 20% |
| Energy & Utilities | $97,032 | $47.0 | 15% |
Understanding how a Business Development 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 | $93,411 | $7,784 | $1,796 | $45 |
| Average | $84,375 | $7,031 | $1,623 | $41 |
| 25th Percentile | $76,893 | $6,408 | $1,479 | $37 |
Ready to take the next step in your career? Browse thousands of current Business Development Engineer job openings on our job board. Use the search bar below to find your perfect match.
System One Holdings, LLC
Dover, NJ
System One Holdings, LLC | Dover, NJ
Sales Representative - Business Development (Business Consultant). Sell Clover, an industry-leading cloud-based point-of-sale (POS) platform used by more t... more
7 Days Ago
Doctor Referral Institute
Hackensack, NJ
Doctor Referral Institute | Hackensack, NJ
Job Description. Job Description. Company Description. Doctor Referral Institute serves specialty practices in the medical and dental field around the coun... more
9 Days Ago
Theradex Oncology
Princeton, NJ
Theradex Oncology | Princeton, NJ
Business Development (Clinical Services). Theradex Oncology is a full-service CRO specializing in oncology. The company manages global oncology trials and ... more
11 Days Ago
System One
Newark, NJ
System One | Newark, NJ
Job Description. Job Description. For immediate consideration, please connect with me on LinkedIn at. https://www.linkedin.com/in/dpotapenko. and then emai... more
9 Days Ago
SMS
Flemington, NJ
SMS | Flemington, NJ
If you are confident in your abilities and would like to try something new we are looking for energetic people with 3year's business ownership or sales exp... more
9 Days Ago
Scale Microgrid Solutions
Ridgewood, NJ
Scale Microgrid Solutions | Ridgewood, NJ
Job Description. Job Description. We are looking for a Development Engineer to provide comprehensive engineering support for our distributed energy and mic... more
8 Days Ago
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