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Average Bioengineers and Biomedical Engineers Salary in New York

Bioengineers and Biomedical Engineers in New York earn an impressive average annual salary of $121,860, surpassing the national average of $115,990. This elevated compensation is largely driven by the state's robust demand for specialized scientific talent and the higher operational costs associated with advanced research and development facilities prevalent in the region.

Executive Summary

  • Average Salary: $121,860 per year.
  • Growth Trend: Salaries have shifted 20.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $170,930.
  • Outlook: With a local workforce of 920 Bioengineers and Biomedical Engineers, New York demonstrates a significant presence in this specialized field. The location quotient of 0.68 suggests that while the concentration is slightly below the national average, the absolute number of professionals indicates a substantial and active job market, implying consistent opportunities for skilled individuals.
2024 Market Data

Salary Overview

$121,860

The average Bioengineers and Biomedical Engineers in New York earns+5.1%above the national average.

BreakdownBased on 40h/week
Hourly

$58.6

Weekly

$2,343

Monthly

$10,155

Bioengineers and Biomedical Engineers Salary Distribution in New York

Salary progression for Bioengineers and Biomedical Engineers in New York typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior engineers with extensive project management and research expertise can command salaries well into the upper percentiles. These percentile gaps clearly signify the career progression and increased earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$80,660$38.8
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$91,395$43.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$117,180$56.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$152,325$73.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$170,930$82.2

Detailed Bioengineers and Biomedical Engineers Market Analysis

Relocation Context

Nominal Salary

$121,860

Gross Pay

Real Wage (Purchasing Power)

$97,410

Adjusted for COL (125.1)

While the nominal salary of $121,860 is attractive, New York's cost of living index of 125.1 means that this income will have less purchasing power than the national average. Prospective professionals should carefully consider that approximately 25% higher living expenses will offset a portion of the higher nominal wage when evaluating the true financial benefit of working in the state.

Job Market Context

920

Total Jobs

0.096

Per 1K Jobs

0.68

Location Quotient

Below Average

New York has 0.68x 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 0.68 indicates that Bioengineers and Biomedical Engineers are less concentrated in New York compared to the national average. This suggests that while the state has a notable number of these professionals, the market may not be saturated, potentially offering a competitive edge for skilled candidates seeking employment or career advancement.

Nearby Job Markets

Nearby Cities for Bioengineers and Biomedical Engineers

Comparing salaries near New York

Hiring Bioengineers and Biomedical Engineerss?

Frequently Asked Questions

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

The median annual salary for a Bioengineers and Biomedical Engineers in New York is $121,860. This typically ranges from $80,660 for entry-level positions to $170,930 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 5.1% higher than the national median of $115,990.

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

Yes, New York offers lucrative opportunities for Bioengineers and Biomedical Engineers.The average salary of $121,860 significantly exceeds the national average, indicating strong compensation. However, the high cost of living must be factored into the overall financial benefit.

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

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 ($120,160) and others.

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

The average annual salary for Bioengineers and Biomedical Engineers in New York is $121,860.

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

Bioengineers and Biomedical Engineers in New York earn approximately $5,870 more annually than the national average of $115,990.

Is the job market for Bioengineers strong in New York?

With a workforce of 920 and a location quotient of 0.68, New York has a substantial presence of Bioengineers, indicating a robust job market with consistent opportunities.

How does the cost of living affect Bioengineer salaries in New York?

New York's cost of living is 25.1% higher than the national average, meaning the $121,860 salary has reduced purchasing power compared to lower-cost states.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 920 employees in the New York area with a job density of 0.096 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.