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Average Biochemists and Biophysicists Salary in Minneapolis-St. Paul-Bloomington, MN-WI

Biochemists and Biophysicists in the Minneapolis-St. Paul-Bloomington, MN-WI area earn an average annual salary of $88,530. This figure is notably below the national average of $117,200, suggesting that local market dynamics, such as industry demand and the concentration of specialized roles, play a significant role in compensation levels within this metropolitan region.

Executive Summary

  • Average Salary: $88,530 per year.
  • Growth Trend: Salaries have shifted 32.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $127,490.
  • Outlook: The local workforce for Biochemists and Biophysicists in Minneapolis-St. Paul-Bloomington comprises approximately 200 professionals. With a Location Quotient of 0.45, the concentration of these roles is less than half the national average, indicating a less saturated but potentially more specialized job market. The rate of 0.101 jobs per 1,000 workers further underscores a moderate level of demand within this specific metropolitan area.
2024 Market Data

Salary Overview

$88,530

The average Biochemists and Biophysicists in Minneapolis-St. Paul-Bloomington, MN-WI earns-24.5%below the national average.

BreakdownBased on 40h/week
Hourly

$42.6

Weekly

$1,703

Monthly

$7,378

Biochemists and Biophysicists Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI

Salary progression for Biochemists and Biophysicists is strongly tied to experience and specialization. Entry-level positions typically command salaries at the lower end of the spectrum, while senior scientists with extensive research backgrounds, leadership experience, and a proven track record of innovation can expect significantly higher compensation. The widening gap between entry-level and senior-level salaries, often reflected in percentile data, clearly signifies the career advancement and increased earning potential available within this scientific discipline.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$59,690$28.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$66,398$31.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$82,610$39.7
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$110,663$53.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$127,490$61.3

Detailed Biochemists and Biophysicists Market Analysis

Relocation Context

Nominal Salary

$88,530

Gross Pay

Real Wage (Purchasing Power)

$88,530

Adjusted for COL (100)

The nominal average salary of $88,530 for Biochemists and Biophysicists in Minneapolis-St. Paul-Bloomington aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the salary is lower than the national average, the purchasing power of that salary is equivalent to the national standard, making the region financially comparable for professionals in this field.

Job Market Context

200

Total Jobs

0.101

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Minneapolis-St. Paul-Bloomington, MN-WI has a notably lower concentration of Biochemists and Biophysicists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.45 for Biochemists and Biophysicists in Minneapolis-St. Paul-Bloomington indicates that this profession is less concentrated in the area compared to the national average. This suggests that while there are established opportunities, the market may not be as saturated with these specialized roles, potentially offering a more focused competitive landscape for skilled professionals seeking employment.

Nearby Job Markets

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Frequently Asked Questions

How much does a Biochemists and Biophysicists make in Minneapolis-St. Paul-Bloomington, MN-WI?

The median annual salary for a Biochemists and Biophysicists in Minneapolis-St. Paul-Bloomington, MN-WI is $88,530. This typically ranges from $59,690 for entry-level positions to $127,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Minneapolis-St. Paul-Bloomington, MN-WI is 24.5% lower than the national median of $117,200.

Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Biochemists and Biophysicists?

No, not compared to the national average.While the cost of living is average, the average salary of $88,530 is significantly lower than the national average of $117,200 for Biochemists and Biophysicists.

Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Biochemists and Biophysicists?

The Cost of Living Index in Minneapolis-St. Paul-Bloomington, MN-WI is 100. While higher than average, this often correlates with higher wages.

How does the Minneapolis-St. Paul salary compare to the national average?

The average annual salary for Biochemists and Biophysicists in Minneapolis-St. Paul-Bloomington is $88,530, which is considerably lower than the national average of $117,200.

What is the concentration of Biochemists and Biophysicists in Minneapolis-St. Paul-Bloomington?

The concentration, measured by the Location Quotient, is 0.45, meaning the profession is less than half as common in this area compared to the national average.

Does the cost of living affect the value of the Minneapolis-St. Paul salary?

No, the cost of living in Minneapolis-St. Paul-Bloomington is exactly at the national average (100), so the $88,530 salary has the same purchasing power as the national average salary.

How many Biochemists and Biophysicists are there in the Minneapolis-St. Paul-Bloomington area?

The total local workforce for Biochemists and Biophysicists in this metropolitan area is approximately 200 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 0.101 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.