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Average Biochemists and Biophysicists Salary in New Hampshire

Biochemists and Biophysicists in New Hampshire earn an average annual salary of $106,500. This figure is notably below the national average of $117,200, suggesting that while the state offers competitive compensation, specific local economic factors and industry demands may influence pay rates compared to broader national trends.

Executive Summary

  • Average Salary: $106,500 per year.
  • Growth Trend: Salaries have shifted 1.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $130,000.
  • Outlook: With a local workforce of approximately 200 Biochemists and Biophysicists, New Hampshire presents a concentrated, yet specialized, job market. The Location Quotient of 1.34 indicates a higher-than-average concentration of these professionals relative to the national landscape, suggesting a robust demand and a supportive ecosystem for this scientific field within the state.
2024 Market Data

Salary Overview

$106,500

The average Biochemists and Biophysicists in New Hampshire earns-9.1%below the national average.

BreakdownBased on 40h/week
Hourly

$51.2

Weekly

$2,048

Monthly

$8,875

Biochemists and Biophysicists Salary Distribution in New Hampshire

Career progression for Biochemists and Biophysicists in New Hampshire significantly impacts earning potential. Entry-level positions typically start lower, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The widening salary gap between junior and senior roles reflects the increasing value placed on expertise and proven track records in research and development.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$65,820$31.6
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$79,875$38.4
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$103,980$50
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$133,125$64
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$130,000$62.5

Detailed Biochemists and Biophysicists Market Analysis

Relocation Context

Nominal Salary

$106,500

Gross Pay

Real Wage (Purchasing Power)

$92,128

Adjusted for COL (115.6)

The average annual salary of $106,500 in New Hampshire needs to be considered alongside its Cost of Living Index of 115.6. Since the index is above the national average (100), the purchasing power of a New Hampshire salary is somewhat diminished compared to areas with a lower cost of living, meaning the nominal salary may not stretch as far as it would elsewhere.

Job Market Context

200

Total Jobs

0.299

Per 1K Jobs

1.34

Location Quotient

Above Average

With a location quotient of 1.34, New Hampshire has a slightly higher-than-average concentration of Biochemists and Biophysicists roles compared to the national norm.

A Location Quotient of 1.34 signifies that New Hampshire has a proportionally larger presence of Biochemists and Biophysicists than the national average. This suggests a specialized and potentially competitive market where employers may actively seek out talent, and professionals might find a more focused network of opportunities within the state's scientific community.

Nearby Job Markets

Nearby Cities for Biochemists and Biophysicists

Comparing salaries near New Hampshire

Hiring Biochemists and Biophysicistss?

Frequently Asked Questions

How much does a Biochemists and Biophysicists make in New Hampshire?

The median annual salary for a Biochemists and Biophysicists in New Hampshire is $106,500. This typically ranges from $65,820 for entry-level positions to $130,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Hampshire is 9.1% lower than the national median of $117,200.

Is New Hampshire a lucrative place for Biochemists and Biophysicists?

Yes, with caveats.While the average salary of $106,500 is below the national average, the high concentration of professionals (LQ 1.34) and the state's above-average cost of living suggest a market that values these specialized skills, though earning potential can vary significantly with experience.

Is New Hampshire a good place to live for Biochemists and Biophysicists?

The Cost of Living Index in New Hampshire is 115.6. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Hampshire?

Some top paying nearby cities include Portland-South Portland, ME ($93,130) and Boston-Cambridge-Newton, MA-NH.

How does the New Hampshire salary compare to the national average?

The average annual salary for Biochemists and Biophysicists in New Hampshire is $106,500, which is approximately $10,700 less than the national average of $117,200.

What does a Location Quotient of 1.34 mean for this role in New Hampshire?

A Location Quotient of 1.34 indicates that Biochemists and Biophysicists are more concentrated in New Hampshire than the national average, suggesting a strong presence and potentially higher demand for these specialized roles within the state.

How does the cost of living affect the Biochemist salary in New Hampshire?

With a Cost of Living Index of 115.6, New Hampshire is more expensive than the national average. This means the $106,500 salary may have less purchasing power than a similar salary in a lower-cost-of-living area.

What is the total number of Biochemists and Biophysicists in New Hampshire?

The dataset indicates a total local workforce of approximately 200 Biochemists and Biophysicists in New Hampshire.

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 New Hampshire area with a job density of 0.299 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.