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Average Bioengineers and Biomedical Engineers Salary in Albany-Schenectady-Troy, NY

The average salary for a Bioengineers and Biomedical Engineers in Albany-Schenectady-Troy, NY is $120,160. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Albany-Schenectady-Troy, NY is a key hub for this profession, with a job concentration 1.65x higher than average.

Executive Summary

  • Average Salary: $120,160 per year.
  • Growth Trend: Salaries have shifted 4.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $132,040.
  • Outlook: The current demand for Bioengineers and Biomedical Engineerss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
2024 Market Data

Salary Overview

$120,160

The average Bioengineers and Biomedical Engineers in Albany-Schenectady-Troy, NY earns+3.6%above the national average.

BreakdownBased on 40h/week
Hourly

$57.8

Weekly

$2,311

Monthly

$10,013

Bioengineers and Biomedical Engineers Salary Distribution in Albany-Schenectady-Troy, NY

The earning potential for Bioengineers and Biomedical Engineerss in Albany-Schenectady-Troy, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $95,200, while highly experienced professionals can command wages upwards of $132,040.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$95,200$45.8
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$90,120$43.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$117,180$56.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$150,200$72.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$132,040$63.5

Detailed Bioengineers and Biomedical Engineers Market Analysis

Relocation Context

Nominal Salary

$120,160

Gross Pay

Real Wage (Purchasing Power)

$120,160

Adjusted for COL (100)

In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $120,160 to $120,160.

Job Market Context

100

Total Jobs

0.233

Per 1K Jobs

1.65

Location Quotient

Major Hub

Albany-Schenectady-Troy, NY has 1.6x the national concentration of Bioengineers and Biomedical Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

100 people work as Bioengineers and Biomedical Engineers in Albany-Schenectady-Troy, NY.

Only 0.233 out of every 1,000 local jobs are Bioengineers and Biomedical Engineers roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Bioengineers and Biomedical Engineerss?

Frequently Asked Questions

How much does a Bioengineers and Biomedical Engineers make in Albany-Schenectady-Troy, NY?

The median annual salary for a Bioengineers and Biomedical Engineers in Albany-Schenectady-Troy, NY is $120,160. This typically ranges from $95,200 for entry-level positions to $132,040 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albany-Schenectady-Troy, NY is 3.6% higher than the national median of $115,990.

Is Albany-Schenectady-Troy, NY a good place for Bioengineers and Biomedical Engineerss?

Yes, Albany-Schenectady-Troy, NY is an excellent location for Bioengineers and Biomedical Engineerss. It offers both higher-than-average salaries ($120,160) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Albany-Schenectady-Troy, NY a good place to live for Bioengineers and Biomedical Engineers?

The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.233 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.