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Average Biochemists and Biophysicists Salary in New York-Newark-Jersey City, NY-NJ

Biochemists and Biophysicists in the New York-Newark-Jersey City, NY-NJ metropolitan area earn an average annual salary of $104,000. This figure is notably below the national average of $117,200. While the nominal salary may seem lower, the local cost of living being at the national average suggests a potentially stable purchasing power for these professionals within the region.

Executive Summary

  • Average Salary: $104,000 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,720.
  • Outlook: The New York-Newark-Jersey City area supports a local workforce of 2,660 Biochemists and Biophysicists, indicating a substantial presence in the region. With a Location Quotient of 1.27, this metropolitan area demonstrates a concentration of these roles that is 27% higher than the national average, suggesting a robust and potentially growing demand for specialized scientific talent.
2024 Market Data

Salary Overview

$104,000

The average Biochemists and Biophysicists in New York-Newark-Jersey City, NY-NJ earns-11.3%below the national average.

BreakdownBased on 40h/week
Hourly

$50

Weekly

$2,000

Monthly

$8,667

Biochemists and Biophysicists Salary Distribution in New York-Newark-Jersey City, NY-NJ

Career progression for Biochemists and Biophysicists significantly impacts earning potential. Entry-level positions typically start at a lower percentile of the salary range, while seasoned professionals with extensive experience and specialized skills can command salaries at the higher percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise and a proven track record in research and development.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$75,200$36.2
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$78,000$37.5
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$97,100$46.7
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$130,000$62.5
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$136,720$65.7

Detailed Biochemists and Biophysicists Market Analysis

Relocation Context

Nominal Salary

$104,000

Gross Pay

Real Wage (Purchasing Power)

$104,000

Adjusted for COL (100)

The average annual salary of $104,000 for Biochemists and Biophysicists in the New York-Newark-Jersey City area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of this salary is equivalent to the national average, making the nominal salary figure a fair representation of local economic conditions.

Job Market Context

2,660

Total Jobs

0.284

Per 1K Jobs

1.27

Location Quotient

Above Average

With a location quotient of 1.27, New York-Newark-Jersey City, NY-NJ has a slightly higher-than-average concentration of Biochemists and Biophysicists roles compared to the national norm.

A Location Quotient of 1.27 signifies that Biochemists and Biophysicists are more concentrated in the New York-Newark-Jersey City area than the national average. This suggests a competitive market with a higher density of job opportunities and potentially a greater pool of specialized talent, indicating a healthy demand for these scientific roles within the region.

Nearby Job Markets

Nearby Cities for Biochemists and Biophysicists

Comparing salaries near New York-Newark-Jersey City, NY-NJ

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Frequently Asked Questions

How much does a Biochemists and Biophysicists make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Biochemists and Biophysicists in New York-Newark-Jersey City, NY-NJ is $104,000. This typically ranges from $75,200 for entry-level positions to $136,720 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York-Newark-Jersey City, NY-NJ is 11.3% lower than the national median of $117,200.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Biochemists and Biophysicists?

Yes, with caveats.While the average salary of $104,000 is below the national average, the local cost of living being at the national average means purchasing power is maintained. The high concentration of these roles (LQ 1.27) indicates strong regional demand.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Biochemists and Biophysicists?

The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?

Some top paying nearby cities include Trenton-Princeton, NJ ($103,520) and Bridgeport-Stamford-Danbury, CT.

How does the local salary compare to the national average?

Biochemists and Biophysicists in New York-Newark-Jersey City earn an average of $104,000 annually, which is $13,200 less than the national average of $117,200.

What is the concentration of Biochemists and Biophysicists in this area?

The area has a Location Quotient of 1.27, meaning there are 27% more Biochemists and Biophysicists employed per worker than the national average, indicating a higher concentration.

How does the cost of living affect the salary?

The Cost of Living Index in New York-Newark-Jersey City is 100, which is the national average. Therefore, the $104,000 salary has the same purchasing power as the national average salary.

What is the total number of Biochemists and Biophysicists in the area?

There are approximately 2,660 Biochemists and Biophysicists working in the New York-Newark-Jersey City metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,660 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.284 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.