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Average Bioengineers and Biomedical Engineers Salary in New Jersey

Bioengineers and Biomedical Engineers in New Jersey earn an impressive average annual salary of $121,730, surpassing the national average of $115,990. This elevated compensation is likely driven by the state's robust pharmaceutical and healthcare industries, which demand specialized engineering talent and foster a competitive hiring environment.

Executive Summary

  • Average Salary: $121,730 per year.
  • Growth Trend: Salaries have shifted 13.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,680.
  • Outlook: With a local workforce of 490 Bioengineers and Biomedical Engineers, New Jersey presents a moderately concentrated job market. The Location Quotient of 0.82 indicates a slightly lower concentration compared to the national average, suggesting that while the field is present, it may not be as saturated as in other regions, potentially offering good opportunities for skilled professionals.
2024 Market Data

Salary Overview

$121,730

The average Bioengineers and Biomedical Engineers in New Jersey earns+4.9%above the national average.

BreakdownBased on 40h/week
Hourly

$58.5

Weekly

$2,341

Monthly

$10,144

Bioengineers and Biomedical Engineers Salary Distribution in New Jersey

Career progression for Bioengineers and Biomedical Engineers in New Jersey typically involves significant salary increases with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior engineers with specialized expertise and proven track records can command salaries well above the average. The widening gap between entry-level and senior-level salaries reflects the value placed on accumulated knowledge and leadership within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$85,520$41.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$91,298$43.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$115,080$55.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$152,163$73.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$165,680$79.7

Detailed Bioengineers and Biomedical Engineers Market Analysis

Relocation Context

Nominal Salary

$121,730

Gross Pay

Real Wage (Purchasing Power)

$108,301

Adjusted for COL (112.4)

The average annual salary of $121,730 in New Jersey offers a solid financial standing, though it must be considered against the local Cost of Living Index of 112.4. This index is 12.4% higher than the national average, meaning that while the nominal salary is strong, the purchasing power may be slightly reduced compared to areas with a lower cost of living. Careful budgeting is advised for those relocating.

Job Market Context

490

Total Jobs

0.116

Per 1K Jobs

0.82

Location Quotient

Below Average

New Jersey has 0.82x the national average concentration of Bioengineers and Biomedical Engineers 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 0.82 for Bioengineers and Biomedical Engineers in New Jersey suggests that the state employs fewer of these professionals per 1,000 workers than the national average. This indicates a market that is not overly saturated, potentially offering a good balance between job availability and competition for skilled engineers looking to establish or advance their careers in the Garden State.

Nearby Job Markets

Nearby Cities for Bioengineers and Biomedical Engineers

Comparing salaries near New Jersey

Hiring Bioengineers and Biomedical Engineerss?

Frequently Asked Questions

How much does a Bioengineers and Biomedical Engineers make in New Jersey?

The median annual salary for a Bioengineers and Biomedical Engineers in New Jersey is $121,730. This typically ranges from $85,520 for entry-level positions to $165,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Jersey is 4.9% higher than the national median of $115,990.

Is New Jersey a lucrative place for Bioengineers and Biomedical Engineerss?

Yes, New Jersey is a lucrative location for Bioengineers and Biomedical Engineers.The state offers an average salary of $121,730, which is higher than the national average, indicating strong earning potential. Despite a higher cost of living, the robust demand in related industries supports competitive compensation.

Is New Jersey a good place to live for Bioengineers and Biomedical Engineers?

The Cost of Living Index in New Jersey is 112.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Jersey?

Some top paying nearby cities include New York-Newark-Jersey City, NY-NJ ($124,550) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

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

Bioengineers and Biomedical Engineers in New Jersey earn an average of $121,730 annually, which is $5,740 more than the national average of $115,990.

What is the concentration of Bioengineers in New Jersey?

New Jersey has a Location Quotient of 0.82 for Bioengineers and Biomedical Engineers, meaning the concentration is slightly below the national average.

How does the cost of living affect the Bioengineer salary in New Jersey?

With a Cost of Living Index of 112.4, New Jersey is more expensive than the national average. The $121,730 salary provides a good income, but the higher cost of living should be factored into financial planning.

What is the total number of Bioengineers in New Jersey?

There are approximately 490 Bioengineers and Biomedical Engineers employed in New Jersey.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the New Jersey area with a job density of 0.116 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.