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Average Biochemists and Biophysicists Salary in Maryland

Biochemists and Biophysicists in Maryland earn an average annual salary of $105,920, which is below the national average of $117,200. This difference can be attributed to a variety of factors, including the specific industry demands within the state and the concentration of specialized research institutions that may influence compensation structures.

Executive Summary

  • Average Salary: $105,920 per year.
  • Growth Trend: Salaries have shifted 3.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $157,430.
  • Outlook: With a local workforce of 760 Biochemists and Biophysicists, Maryland demonstrates a notable presence in this field. The Location Quotient of 1.24 indicates a concentration of these professionals that is 24% higher than the national average, suggesting a robust and potentially growing job market with specialized opportunities.
2024 Market Data

Salary Overview

$105,920

The average Biochemists and Biophysicists in Maryland earns-9.6%below the national average.

BreakdownBased on 40h/week
Hourly

$50.9

Weekly

$2,037

Monthly

$8,827

Biochemists and Biophysicists Salary Distribution in Maryland

Salary progression for Biochemists and Biophysicists in Maryland typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while senior scientists and principal investigators can command salaries well above $105,920. The widening gap between percentile earnings clearly signifies substantial career advancement opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$62,700$30.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$79,440$38.2
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$99,800$48
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$132,400$63.7
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$157,430$75.7

Detailed Biochemists and Biophysicists Market Analysis

Relocation Context

Nominal Salary

$105,920

Gross Pay

Real Wage (Purchasing Power)

$84,668

Adjusted for COL (125.1)

The average annual salary of $105,920 in Maryland must be considered alongside its Cost of Living Index of 125.1. This index is 25.1% higher than the national average, meaning that while the nominal salary appears substantial, the purchasing power of that income is reduced due to higher expenses for housing, goods, and services.

Job Market Context

760

Total Jobs

0.278

Per 1K Jobs

1.24

Location Quotient

Above Average

With a location quotient of 1.24, Maryland has a slightly higher-than-average concentration of Biochemists and Biophysicists roles compared to the national norm.

Maryland's Location Quotient of 1.24 signifies a strong concentration of Biochemists and Biophysicists relative to the rest of the nation. This suggests a competitive market where employers may seek specialized talent, but also indicates a fertile ground for professionals in this field to find relevant employment and career development.

Nearby Job Markets

Nearby Cities for Biochemists and Biophysicists

Comparing salaries near Maryland

Hiring Biochemists and Biophysicistss?

Frequently Asked Questions

How much does a Biochemists and Biophysicists make in Maryland?

The median annual salary for a Biochemists and Biophysicists in Maryland is $105,920. This typically ranges from $62,700 for entry-level positions to $157,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maryland is 9.6% lower than the national median of $117,200.

Is Maryland a lucrative place for Biochemists and Biophysicists?

Yes, with caveats.Maryland offers a higher-than-average concentration of these roles, indicated by a Location Quotient of 1.24. However, the average salary is below the national figure, and the cost of living is significantly higher.

Is Maryland a good place to live for Biochemists and Biophysicists?

The Cost of Living Index in Maryland is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Maryland?

Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($104,370) and Baltimore-Columbia-Towson, MD.

What is the average salary for a Biochemist in Maryland?

The average annual salary for Biochemists and Biophysicists in Maryland is $105,920.

How does Maryland's salary compare to the national average?

The average salary in Maryland ($105,920) is lower than the national average ($117,200) for Biochemists and Biophysicists.

Is the job market for Biochemists strong in Maryland?

Yes, Maryland has a Location Quotient of 1.24, indicating a higher concentration of these professionals than the national average, suggesting a robust market.

How does the cost of living in Maryland affect salary perception?

With a Cost of Living Index of 125.1, Maryland is 25.1% more expensive than the national average, meaning the $105,920 salary has less purchasing power than it might elsewhere.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Maryland area with a job density of 0.278 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.