Veterinarian Salary in Franklin, NJ: $160,391 (2026)
Quick Answer:A full-time veterinarian in Franklin, NJ earns a median $160,391/year (≈ $77.11/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1131). Once you factor in Franklin's price level (15% above national, BEA RPP 115.2), that paycheck buys what $139,228 would nationally. Nominal pay sits 1.4% above the New Jersey state average.
Based on BLS state-level estimates · View source
Veterinarians in Franklin, NJ, are projected to earn a median annual salary of $160,391 in 2026, reflecting a competitive position compared to the national median of $137,334. The salary range highlights significant variability in earnings, with the lowest 10% earning approximately $93,027 and the highest 90% earning up to $248,606. These figures, derived from 2025 BLS estimates adjusted for local economic conditions, indicate that effective compensation for veterinarians often ties back to the revenue generated in various practices. In this context, veterinarians in Franklin can find opportunities that cater to their expertise, shaping their salary outcomes based on individual practice dynamics and market needs.
About the Franklin Market
Salary estimated from New Jersey average ($134,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $93,027 | $44.73 |
| Lower Range (P25) | $124,135 | $59.68 |
| Median (P50)(typical) | $160,391 | $77.11 |
| Upper Range (P75) | $203,328 | $97.75 |
| Top Earners (P90) | $248,606 | $119.53 |
Median Salary Position
16.79% above the national average
2026 Salary Percentile Distribution in Franklin
In Franklin, NJ, the veterinarian salary spread from the 10th to 90th percentile is $155,579 (2026 est.). At $160,391, the local median is 16.79% above the national median of $137,334.
Salary Calculator
At 40 hours/week in Franklin: You'd be in the lower-middle range
How Franklin Veterinarian Pay Compares
Franklin median: $160,391/year (2026)
| Compared To | Median Salary | Franklin Pays |
|---|---|---|
| New Jersey Average | $158,177 | +1.40% more |
| National Average | $137,334 | +16.79% more |
Veterinarians in Franklin, NJ earn a median of $160,391 per year (2026 est.), which is 16.79% higher than the national median of $137,334 and 1.40% above the New Jersey state average of $158,177.
Cost-of-Living Adjusted Salary
Franklin has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Franklin, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $160,391 is competitive, the higher cost of living reduces purchasing power to an effective $139,228 — a 13.19% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$111,487
2025 BLS Actual
$151,943
2026 Current Est.
$160,391
2019–2027 Growth
+51.9%
Salary Trajectory for Veterinarians in Franklin (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.56% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $111,487 | Actual |
| 2020 | $115,913 | Actual |
| 2021 | $117,222 | Actual |
| 2022 | $120,597 | Actual |
| 2023 | $139,096 | Actual |
| 2024 | $156,498 | Actual |
| 2025 | $151,943 | Actual |
| 2026(current) | $160,391 | Estimated |
| 2027 | $169,309 | Projected |
Based on 7 years of BLS OEWS data for the Franklin metropolitan area, the median veterinarian salary grew 36.3% from $111,487 (2019) to $151,943 (2025). At a 5.56% compound annual growth rate, salaries are projected to reach $169,309 by 2027 — a total increase of $57,822 (51.86%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Franklin 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 5.56% 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) | $93,027 – $124,135 |
| 3-5 years (Mid Career) | $124,135 – $160,391 |
| 5+ years (Experienced) | $160,391 – $203,328 |
| 10+ years (Top Earner) | $203,328 – $248,606 |
DVM salary ranges estimated from BLS percentile data. Individual veterinarian compensation varies by employer, certifications, and specialization.
Veterinarian Job Market in Franklin
Analyzing the local veterinary job market, Franklin currently employs around 15 veterinarians. The area’s cost-of-living index sits at 115.2, meaning that while salaries are compelling, purchasing power is somewhat eroded compared to national averages. Specialty and larger corporate practices tend to offer higher pay, especially compared to independent clinics. Throughout Franklin, production-based compensation models are prevalent, where earnings can vary significantly based on factors like specialty (surgery or internal medicine), practice ownership equity, and available sign-on bonuses for new graduates. To maximize earnings in this specific market, veterinarians might consider furthering their education through board certifications or exploring partnerships within higher-earning corporate structures, which are increasingly common against a backdrop of corporate consolidation in the veterinary field.
More salary data for Franklin, NJ:
Frequently Asked Questions
How much do veterinarians make in Franklin, NJ in 2026?
Is Franklin, NJ a good place to work as a veterinarian?
Can veterinarians make $100K in Franklin?
What is the cost-of-living adjusted veterinarian salary in Franklin?
How much does a veterinarian make per hour in Franklin?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in New Jersey
Written by Dr. Alice Nguyen, DVM
Career Analyst
Dr. Alice Nguyen has 10 years of experience in veterinary medicine. She specializes in small animal surgery. She currently works at a suburban veterinary clinic.
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 $151,943 for veterinariansin the Franklin metropolitan area. A 5.56% 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 Franklin 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 5.56%, derived from historical BLS wage trends for veterinarians (SOC 29-1131).
Compiled and verified by Dr. Alice Nguyen, DVM, a licensed veterinarian with 10+ years of clinical experience. · View source data at BLS.gov