Average Biochemists and Biophysicists Salary in Albany-Schenectady-Troy, NY
The average salary for Biochemists and Biophysicistss in Albany-Schenectady-Troy, NY is $94,880. While this is lower than the national average, the cost of living in Albany-Schenectady-Troy, NY may offset the difference, preserving real purchasing power. Notably, Albany-Schenectady-Troy, NY is a key hub for this profession, with a job concentration 1.28x higher than average.
Executive Summary
- Average Salary: $94,880 per year.
- Growth Trend: Salaries have shifted 27.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,680.
- Outlook: The current demand for Biochemists and Biophysicistss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
Salary Overview
The average Biochemists and Biophysicists in Albany-Schenectady-Troy, NY earns-19.0%below the national average.
$45.6
$1,825
$7,907
Biochemists and Biophysicists Salary Trends (2020-2024)
Over the past 4 years, Biochemists and Biophysicists salaries in Albany-Schenectady-Troy, NY have experienced a rapid surge, growing by 27.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Biochemists and Biophysicists Salary Distribution in Albany-Schenectady-Troy, NY
The earning potential for Biochemists and Biophysicistss in Albany-Schenectady-Troy, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $56,720, while highly experienced professionals can command wages upwards of $165,680.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $56,720 | $27.3 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $71,160 | $34.2 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $80,180 | $38.5 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $118,600 | $57 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $165,680 | $79.7 |
Detailed Biochemists and Biophysicists Market Analysis
Relocation Context
Nominal Salary
$94,880
Gross Pay
Real Wage (Purchasing Power)
$94,880
Adjusted for COL (100)
In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $94,880 to $94,880.
Job Market Context
130
Total Jobs
0.286
Per 1K Jobs
1.28
Location Quotient
With a location quotient of 1.28, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Biochemists and Biophysicists roles compared to the national norm.
130 people work as Biochemists and Biophysicists in Albany-Schenectady-Troy, NY.
Only 0.286 out of every 1,000 local jobs are Biochemists and Biophysicists roles — this is a niche profession in the area.
Nearby Job Markets
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Frequently Asked Questions
How much does a Biochemists and Biophysicists make in Albany-Schenectady-Troy, NY?
The median annual salary for a Biochemists and Biophysicists in Albany-Schenectady-Troy, NY is $94,880. This typically ranges from $56,720 for entry-level positions to $165,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany-Schenectady-Troy, NY is 19.0% lower than the national median of $117,200.
Is Albany-Schenectady-Troy, NY a good place for Biochemists and Biophysicistss?
Yes, Albany-Schenectady-Troy, NY is highly recommended due to strong job demand. While salaries are competitive ($94,880), the area is particularly notable for its high job density for Biochemists and Biophysicistss. See distinct detailed breakdown below.
Is Albany-Schenectady-Troy, NY a good place to live for Biochemists and Biophysicists?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.286 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Biochemists and Biophysicists • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY