Elementary School Teacher Salary in Parsippany-Troy Hills, NJ: $75,313 (2026)
Quick Answer:A full-time elementary school teacher in Parsippany-Troy Hills, NJ earns a median $75,313/year (≈ $36.21/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 25-2021). Once you factor in Parsippany-Troy Hills's price level (15% above national, BEA RPP 115.2), that paycheck buys what $65,376 would nationally. Nominal pay sits 1.2% above the New Jersey state average.
Based on BLS state-level estimates · View source
In 2026, the average compensation for an elementary school teacher in Parsippany-Troy Hills, NJ, is projected to reach $75,313 annually. This figure highlights a significant premium compared to the national median of $64,597, reflecting the area's higher cost of living index, which stands at 115.2. The salary range for elementary educators in this district spans from $53,905 at the 10th percentile to $116,735 at the 90th percentile. These estimates, based on 2025 BLS data projected to 2026, underscore the competitive nature of the local job market, where the demand for qualified teachers continues to grow.
About the Parsippany-Troy Hills Market
Salary estimated from New Jersey average ($82,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $53,905 | $25.91 |
| Lower Range (P25) | $65,691 | $31.59 |
| Median (P50)(typical) | $75,313 | $36.21 |
| Upper Range (P75) | $94,927 | $45.64 |
| Top Earners (P90) | $116,735 | $56.12 |
Median Salary Position
16.59% above the national average
2026 Salary Percentile Distribution in Parsippany-Troy Hills
In Parsippany-Troy Hills, NJ, the elementary school teacher salary spread from the 10th to 90th percentile is $62,830 (2026 est.). At $75,313, the local median is 16.59% above the national median of $64,597.
Salary Calculator
At 40 hours/week in Parsippany-Troy Hills: You'd be in the lower-middle range
How Parsippany-Troy Hills Elementary School Teacher Pay Compares
Parsippany-Troy Hills median: $75,313/year (2026)
| Compared To | Median Salary | Parsippany-Troy Hills Pays |
|---|---|---|
| New Jersey Average | $74,420 | +1.20% more |
| National Average | $64,597 | +16.59% more |
Elementary School Teachers in Parsippany-Troy Hills, NJ earn a median of $75,313 per year (2026 est.), which is 16.59% higher than the national median of $64,597 and 1.20% above the New Jersey state average of $74,420.
Cost-of-Living Adjusted Salary
Parsippany-Troy Hills has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Parsippany-Troy Hills, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $75,313 is competitive, the higher cost of living reduces purchasing power to an effective $65,376 — a 13.19% reduction.
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2019 BLS Actual
$69,569
2025 BLS Actual
$74,582
2026 Current Est.
$75,313
2019–2027 Growth
+9.3%
Salary Trajectory for Elementary School Teachers in Parsippany-Troy Hills (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 0.98% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $69,569 | Actual |
| 2020 | $71,049 | Actual |
| 2021 | $71,586 | Actual |
| 2022 | $71,924 | Actual |
| 2023 | $74,244 | Actual |
| 2024 | $95,603 | Actual |
| 2025 | $74,582 | Actual |
| 2026(current) | $75,313 | Estimated |
| 2027 | $76,051 | Projected |
Based on 7 years of BLS OEWS data for the Parsippany-Troy Hills metropolitan area, the median elementary school teacher salary grew 7.2% from $69,569 (2019) to $74,582 (2025). At a 0.98% compound annual growth rate, salaries are projected to reach $76,051 by 2027 — a total increase of $6,482 (9.32%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Parsippany-Troy Hills metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 0.98% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $53,905 – $65,691 |
| 3-5 years (Mid Career) | $65,691 – $75,313 |
| 5+ years (Experienced) | $75,313 – $94,927 |
| 10+ years (Top Earner) | $94,927 – $116,735 |
Teacher salary ranges estimated from BLS percentile data. Individual elementary school teacher compensation varies by employer, certifications, and specialization.
Elementary School Teacher Job Market in Parsippany-Troy Hills
With only eight elementary school teachers currently employed in Parsippany-Troy Hills, the job market for educators is relatively tight. The cost-of-living reality impacts take-home purchasing power significantly, making it essential for professionals to seek opportunities that enhance their salaries. Among local employers, K-12 public school districts generally offer the most competitive pay. To maximize earnings, teachers should consider options such as pursuing advanced degrees, which can elevate pay within the district's structured step-and-lane scale. Additionally, teaching in high-need areas such as special education or STEM may afford opportunities for stipends that boost salary further. Taking on supplemental roles, such as after-school tutoring or coaching, also presents chances to increase overall compensation in this high-cost region.
More salary data for Parsippany-Troy Hills, NJ:
Frequently Asked Questions
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Written by Jordan Lee, M.Ed.
Career Analyst
Jordan Lee has over 10 years of experience in elementary education. They focus on curriculum development and teaching methodologies. Their experience includes working in public schools.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $74,582 for elementary school teachersin the Parsippany-Troy Hills metropolitan area. A 0.98% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Parsippany-Troy Hills is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 0.98%, derived from historical BLS wage trends for elementary school teachers (SOC 25-2021).
Compiled and verified by Jordan Lee, M.Ed., a licensed elementary school teacher with 10+ years of clinical experience. · View source data at BLS.gov