Physician Assistant Salary in Hoboken, NJ: $156,700 (2026)
Quick Answer:A full-time physician assistant in Hoboken, NJ earns a median $156,700/year (≈ $75.34/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1071). Once you factor in Hoboken's price level (15% above national, BEA RPP 115.2), that paycheck buys what $136,024 would nationally. Nominal pay sits 3.1% below the New Jersey state average.
Based on BLS state-level estimates · View source
In Hoboken, New Jersey, the forecasted median annual salary for a physician assistant in 2026 is $156,700, which signifies a notable increase when compared to national averages, particularly the projected national median of $140,391. The salary range reflects the diversity of roles within the field, spanning from $111,369 at the 10th percentile to $216,540 at the 90th percentile, according to estimates based on 2025 BLS data, projected to 2026. This robust pay scale is indicative of the local demand for skilled medical professionals, particularly as practitioners decide between the stability of W-2 positions within hospital systems and potential earnings in 1099 surgical practices. As the job market continues to evolve, more aspiring physician assistants in Hoboken may look towards specialty areas that influence compensation significantly.
About the Hoboken Market
Salary estimated from New Jersey average ($138,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $111,369 | $53.54 |
| Lower Range (P25) | $135,677 | $65.23 |
| Median (P50)(typical) | $156,700 | $75.34 |
| Upper Range (P75) | $188,422 | $90.59 |
| Top Earners (P90) | $216,540 | $104.11 |
Median Salary Position
11.62% above the national average
2026 Salary Percentile Distribution in Hoboken
In Hoboken, NJ, the physician assistant salary spread from the 10th to 90th percentile is $105,171 (2026 est.). At $156,700, the local median is 11.62% above the national median of $140,391.
Salary Calculator
At 40 hours/week in Hoboken: You'd be in the lower-middle range
How Hoboken Physician Assistant Pay Compares
Hoboken median: $156,700/year (2026)
| Compared To | Median Salary | Hoboken Pays |
|---|---|---|
| New Jersey Average | $161,713 | -3.10% less |
| National Average | $140,391 | +11.62% more |
Physician Assistants in Hoboken, NJ earn a median of $156,700 per year (2026 est.), which is 11.62% higher than the national median of $140,391 and 3.10% below the New Jersey state average of $161,713.
Cost-of-Living Adjusted Salary
Hoboken has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Hoboken, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $156,700 is competitive, the higher cost of living reduces purchasing power to an effective $136,024 — a 13.19% reduction.
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2019 BLS Actual
$125,301
2025 BLS Actual
$151,665
2026 Current Est.
$156,700
2019–2027 Growth
+29.2%
Salary Trajectory for Physician Assistants in Hoboken (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $125,301 | Actual |
| 2020 | $128,795 | Actual |
| 2021 | $135,648 | Actual |
| 2022 | $140,648 | Actual |
| 2023 | $145,124 | Actual |
| 2024 | $154,031 | Actual |
| 2025 | $151,665 | Actual |
| 2026(current) | $156,700 | Estimated |
| 2027 | $161,903 | Projected |
Based on 7 years of BLS OEWS data for the Hoboken metropolitan area, the median physician assistant salary grew 21.0% from $125,301 (2019) to $151,665 (2025). At a 3.32% compound annual growth rate, salaries are projected to reach $161,903 by 2027 — a total increase of $36,602 (29.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hoboken 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 3.32% 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) | $111,369 – $135,677 |
| 3-5 years (Mid Career) | $135,677 – $156,700 |
| 5+ years (Experienced) | $156,700 – $188,422 |
| 10+ years (Top Earner) | $188,422 – $216,540 |
PA salary ranges estimated from BLS percentile data. Individual physician assistant compensation varies by employer, certifications, and specialization.
Physician Assistant Job Market in Hoboken
The local job market shows that there are currently 15 physician assistants employed in Hoboken, highlighting a tight yet competitive environment. With a cost-of-living index of 115.2, the take-home purchasing power can be impacted, and professionals may find their earnings aligned closely with regional living expenses. Among the various employers, surgical specialty practices, particularly those in orthopedics and cardiothoracic surgery, tend to offer the highest salaries due to their demand for first-assist roles and the potential for productivity bonuses. The disparity in compensation often corresponds with the specialty areas, as patients in high-volume surgical environments and emergency departments contribute to higher pay scales compared to primary care. To maximize earnings in Hoboken, physician assistants should pursue advanced certifications, actively engage in networking for locum tenens opportunities, and seek roles that pay per encounter or case, making strategic choices based on local market trends.
More salary data for Hoboken, NJ:
Frequently Asked Questions
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Written by Jessica Tran, MPAS, PA-C
Career Analyst
Jessica has 10 years of experience as a physician assistant. Her specialty is cardiology in an outpatient setting.
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 $151,665 for physician assistantsin the Hoboken metropolitan area. A 3.32% 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 Hoboken 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 3.32%, derived from historical BLS wage trends for physician assistants (SOC 29-1071).
Compiled and verified by Jessica Tran, MPAS, PA-C, a licensed physician assistant with 10+ years of clinical experience. · View source data at BLS.gov