Njhmfa Salary

How much does the Njhmfa Pay for employees?

As of May 2026, the average annual salary for employees at Njhmfa in the United States is $100,185. This translates to an approximate hourly wage of $48. Salaries at Njhmfa typically range from $87,567 to $114,708 annually, reflecting the diverse roles and experience levels within the company. Njhmfa’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Njhmfa

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Is Njhmfa’s Pay Competitive? Salary Benchmarking Analysis

How does Njhmfa’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Njhmfa
Edu., Gov't. & Nonprofit
Women's Republic
Franklin Middle School - Grades
Industry Comparison
Our data shows that, on average, compensation at Njhmfa is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Njhmfa average annual salary with several similar companies. Njhmfa average salary of $100,185 is higher than Women's Republic, which has an average salary of $90,797. It is lower than Franklin Middle School - Grades, with their average salary at $106,187. This places Njhmfa in a mid-range position among its peers.
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Employee Reviews: Working at Njhmfa

Considering a career at Njhmfa? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Overall a stable and supportive environment. It’s a place where success feels shared and celebrated. Leadership is transparent and supportive. Clear goals help make even the busiest weeks feel manageable and focused. The curriculum development process is collaborative and cutting-edge.
Benefits are competitive, and the culture is respectful and supportive across all departments. I’ve always appreciated their thoughtful approach to collaboration and public service. Overall, it’s a solid, predictable place to work. A functional organization with some room for efficiency improvements. Still, the organization offers predictability and a sense of service. The workplace culture emphas...
Ethical and transparent organizational values. The dedicated employees, there's a strong sense of shared purpose in shaping young minds. Overall, it’s a stable and rewarding place to build a meaningful career that positively impacts communities. Training quality depends on supervisor initiative. It's a great place for those who like dependable, meaningful work.
Meaningful work that directly impacts the community in a positive way. The student-focused approach creates meaningful work where we see daily impacts. It's a comfortable place to stay long-term, it’s ideal for those seeking challenge, recognition, or the freedom to innovate frequently. Mentoring, team meetings, and regular feedback help employees improve.

Njhmfa Overview

Website
www.nj-hmfa.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
637 S Clinton Ave Trenton New Jersey NJ 08650
Revenue
$10 Million - $50 Million
Phone Number
+1 6092787400
Social Media
About Njhmfa
The New Jersey Housing and Mortgage Finance Agency (NJHMFA) is dedicated to increasing the availability of and accessibility to safe, decent and affordable housing to families in New Jersey. In some cases this may mean working with traditional affordable housing developments, serving New Jersey's most needy families. In other instances it is working with First-Time Homebuyers, senior citizens, and

What Benefits Does Njhmfa Offer Beyond Salary?

A competitive compensation package is more than just a salary. Njhmfa offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Trenton?

Understanding the cost of living near Trenton is key to truly evaluating a salary offer or your current compensation at Njhmfa.
Trenton's Cost of Living Index is approximately 97.8 (2.2% less expensive than US average; 14.3% less than NJ average). State capital, more affordable housing for NJ. NJ Transit, River Line. When planning your budget based on a salary from Njhmfa, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Njhmfa salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus/rail (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,430 - $3,800+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Njhmfa

1. What is the typical salary range (low to high) for most roles at Njhmfa?

The typical annual salary range for most roles at Njhmfa is approximately from $87,567 to $114,708. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Njhmfa pay compared to Women's Republic?

The average annual salary at Njhmfa is $100,185, or an hourly wage of $48, in comparison to Women's Republic which pays $90,797 per year or $44 per hour.

3. How does experience level affect salary at Njhmfa?

Experience level is a significant factor in determining salary at Njhmfa, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Njhmfa in Trenton is fair given the local cost of living?

To determine if a salary offer from Njhmfa in Trenton is fair, first compare the gross salary to our data for similar roles at Njhmfa and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Trenton" to understand its purchasing power.

5. Why might an individual's actual salary at Njhmfa differ from the ranges shown here?

An individual's actual salary at Njhmfa can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.