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Average Bioengineers and Biomedical Engineers Salary in New York-Newark-Jersey City, NY-NJ

Bioengineers and Biomedical Engineers in the New York-Newark-Jersey City, NY-NJ area earn an impressive average annual salary of $124,550. This figure notably surpasses the national average of $115,990, indicating a premium for specialized engineering talent within this dynamic metropolitan region. The higher compensation is likely driven by the concentration of research institutions, advanced healthcare facilities, and a robust biotechnology sector that characterizes the area.

Executive Summary

  • Average Salary: $124,550 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $177,740.
  • Outlook: The local job market for Bioengineers and Biomedical Engineers in New York-Newark-Jersey City, NY-NJ, while not exceptionally concentrated with a Location Quotient of 0.67, supports a workforce of 890 professionals. This indicates a stable, albeit not hyper-specialized, demand for these roles within the region's extensive economic landscape. The presence of a significant number of jobs per 1,000 workers (0.095) suggests consistent opportunities for skilled individuals in this field.
2024 Market Data

Salary Overview

$124,550

The average Bioengineers and Biomedical Engineers in New York-Newark-Jersey City, NY-NJ earns+7.4%above the national average.

BreakdownBased on 40h/week
Hourly

$59.9

Weekly

$2,395

Monthly

$10,379

Bioengineers and Biomedical Engineers Salary Distribution in New York-Newark-Jersey City, NY-NJ

Salary progression for Bioengineers and Biomedical Engineers in New York-Newark-Jersey City, NY-NJ, typically scales significantly with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, lead projects, and contribute to complex innovations, their earning potential increases substantially. The widening gap between lower and higher salary percentiles reflects the career advancement and specialized skill development valued in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$83,550$40.2
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$93,413$44.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$115,080$55.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$155,688$74.8
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$177,740$85.5

Detailed Bioengineers and Biomedical Engineers Market Analysis

Relocation Context

Nominal Salary

$124,550

Gross Pay

Real Wage (Purchasing Power)

$124,550

Adjusted for COL (100)

The average annual salary of $124,550 for Bioengineers and Biomedical Engineers in the New York-Newark-Jersey City, NY-NJ area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is effectively equivalent to the national average, considering the local expenses.

Job Market Context

890

Total Jobs

0.095

Per 1K Jobs

0.67

Location Quotient

Below Average

New York-Newark-Jersey City, NY-NJ has 0.67x 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.

With a Location Quotient of 0.67, the New York-Newark-Jersey City, NY-NJ metropolitan area is less concentrated with Bioengineers and Biomedical Engineers compared to the national average. This suggests that while there is a solid presence of these professionals, the market is not saturated, potentially offering good opportunities for those entering the field or seeking to transition into it, without facing extreme competition.

Nearby Job Markets

Nearby Cities for Bioengineers and Biomedical Engineers

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

Hiring Bioengineers and Biomedical Engineerss?

Frequently Asked Questions

How much does a Bioengineers and Biomedical Engineers make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Bioengineers and Biomedical Engineers in New York-Newark-Jersey City, NY-NJ is $124,550. This typically ranges from $83,550 for entry-level positions to $177,740 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 7.4% higher than the national median of $115,990.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Bioengineers and Biomedical Engineers?

Yes, it is a lucrative place for Bioengineers and Biomedical Engineers.The average salary of $124,550 significantly exceeds the national average, and while the cost of living is at the national average, the higher nominal pay offers a strong financial incentive.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Bioengineers and Biomedical Engineers?

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 New Haven, CT ($107,040) and others.

How does the local salary compare to the national average?

The average annual salary for Bioengineers and Biomedical Engineers in New York-Newark-Jersey City, NY-NJ is $124,550, which is higher than the national average of $115,990.

What is the Cost of Living in New York-Newark-Jersey City, NY-NJ for Bioengineers?

The Cost of Living Index for this region is 100, which is the national average. This means that the higher local salary effectively matches the national average in terms of purchasing power.

How many Bioengineers and Biomedical Engineers work in this area?

There are approximately 890 Bioengineers and Biomedical Engineers employed in the New York-Newark-Jersey City, NY-NJ metropolitan area.

Is the job market for Bioengineers and Biomedical Engineers growing in this region?

While the Location Quotient of 0.67 suggests a lower concentration than the national average, the presence of 890 professionals and 0.095 jobs per 1,000 workers indicates a stable and consistent demand for these roles.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 890 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.095 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.