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Average Biochemists and Biophysicists Salary in New York

Biochemists and Biophysicists in New York earn an average annual salary of $100,760. This figure is notably below the national average of $117,200, suggesting that while New York offers significant opportunities, the compensation may be influenced by a complex interplay of local economic factors and industry demand specific to the state.

Executive Summary

  • Average Salary: $100,760 per year.
  • Growth Trend: Salaries have shifted 18.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $156,970.
  • Outlook: New York's market for Biochemists and Biophysicists, with a total local workforce of 1,660, indicates a moderate presence. The Location Quotient of 0.78 suggests that this profession is slightly less concentrated in New York compared to the national average, implying a stable but not exceptionally high demand for these specialized roles within the state.
2024 Market Data

Salary Overview

$100,760

The average Biochemists and Biophysicists in New York earns-14.0%below the national average.

BreakdownBased on 40h/week
Hourly

$48.4

Weekly

$1,938

Monthly

$8,397

Biochemists and Biophysicists Salary Distribution in New York

Career progression for Biochemists and Biophysicists in New York typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior scientists and lead researchers, with extensive experience and specialized skills, can command salaries well above the average, reflecting the value of their expertise and contributions.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$64,640$31.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$75,570$36.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$95,410$45.9
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$125,950$60.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$156,970$75.5

Detailed Biochemists and Biophysicists Market Analysis

Relocation Context

Nominal Salary

$100,760

Gross Pay

Real Wage (Purchasing Power)

$80,544

Adjusted for COL (125.1)

The average annual salary of $100,760 in New York must be considered alongside its Cost of Living Index of 125.1. This index, significantly higher than the national average (100), means that the purchasing power of a New York salary is diminished. Consequently, while the nominal salary appears substantial, the actual disposable income for Biochemists and Biophysicists may be less than in areas with a lower cost of living.

Job Market Context

1,660

Total Jobs

0.174

Per 1K Jobs

0.78

Location Quotient

Below Average

New York has 0.78x the national average concentration of Biochemists and Biophysicists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.78 signifies that Biochemists and Biophysicists are employed in New York at a rate slightly lower than the national average. This suggests that while the field is present, it is not a dominant industry hub compared to other states. The job market is likely competitive, with opportunities available but perhaps not as abundant as in regions with a higher concentration of research institutions and biotech firms.

Nearby Job Markets

Nearby Cities for Biochemists and Biophysicists

CitySalaryDist.
Albany-Schenectady-Troy, NY Biochemists and Biophysicists Salary$94,880↓ 6%68 mi

Comparing salaries near New York

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Frequently Asked Questions

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

The median annual salary for a Biochemists and Biophysicists in New York is $100,760. This typically ranges from $64,640 for entry-level positions to $156,970 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 14.0% lower than the national median of $117,200.

Is New York a lucrative place for Biochemists and Biophysicists?

No, not comparatively.While the nominal salary is substantial, it falls below the national average and is significantly impacted by New York's high cost of living, reducing real earning potential.

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

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

Where are the highest paying cities near New York?

Some top paying nearby cities include Albany-Schenectady-Troy, NY ($94,880) and others.

What is the average salary for a Biochemist in New York?

The average annual salary for Biochemists and Biophysicists in New York is $100,760.

How does New York's salary compare to the national average for this role?

The average salary in New York ($100,760) is lower than the national average ($117,200) for Biochemists and Biophysicists.

What is the Cost of Living in New York relative to the national average?

New York has a Cost of Living Index of 125.1, meaning it is 25.1% more expensive than the national average.

How concentrated is the job market for Biochemists and Biophysicists in New York?

The job market is slightly less concentrated than the national average, with a Location Quotient of 0.78, indicating a moderate presence of these professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,660 employees in the New York area with a job density of 0.174 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Biochemists and Biophysicists • Data source: BLS OEWS 2024 •Jobs in New York