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Average Data Scientists Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Data Scientists in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area earn an average annual salary of $118,310. This figure is slightly below the national average of $126,010, suggesting a localized market dynamic that influences compensation. Factors such as regional industry demand, the cost of doing business, and the concentration of specialized talent likely contribute to this differential.

Executive Summary

  • Average Salary: $118,310 per year.
  • Growth Trend: Salaries have shifted 11.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $174,240.
  • Outlook: The Philadelphia-Camden-Wilmington area demonstrates a robust job market for Data Scientists, evidenced by a total local workforce of 5,640 professionals in this field. With a Location Quotient of 1.3, the concentration of Data Scientists is 30% higher than the national average, indicating a significant and potentially growing demand for these specialized skills within the region.
2024 Market Data

Salary Overview

$118,310

The average Data Scientists in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns-6.1%below the national average.

BreakdownBased on 40h/week
Hourly

$56.9

Weekly

$2,275

Monthly

$9,859

Data Scientists Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Salary progression for Data Scientists in Philadelphia-Camden-Wilmington typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while senior Data Scientists, with their advanced expertise and proven track records, command salaries in the upper percentiles. The widening gap between entry-level and senior salaries reflects the substantial career growth and increased value brought by experience in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$68,330$32.9
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$88,733$42.7
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$107,030$51.5
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$147,888$71.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$174,240$83.8

Detailed Data Scientists Market Analysis

Relocation Context

Nominal Salary

$118,310

Gross Pay

Real Wage (Purchasing Power)

$118,310

Adjusted for COL (100)

The average Data Scientist salary of $118,310 in Philadelphia-Camden-Wilmington aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering no immediate advantage or disadvantage in terms of cost of living adjustments.

Job Market Context

5,640

Total Jobs

1.967

Per 1K Jobs

1.3

Location Quotient

Above Average

With a location quotient of 1.30, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has a slightly higher-than-average concentration of Data Scientists roles compared to the national norm.

A Location Quotient of 1.3 signifies that Data Scientists are more concentrated in the Philadelphia-Camden-Wilmington area than the national average. This suggests a healthy and active job market with a strong presence of employers seeking these skills, potentially leading to competitive hiring environments and opportunities for career advancement.

Nearby Job Markets

Nearby Cities for Data Scientists

Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Hiring Data Scientistss?

Frequently Asked Questions

How much does a Data Scientists make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The median annual salary for a Data Scientists in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $118,310. This typically ranges from $68,330 for entry-level positions to $174,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 6.1% lower than the national median of $126,010.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Data Scientists?

Yes, with a caveat.While the average salary is slightly below the national average, the strong concentration of Data Scientists (LQ 1.3) and a cost of living at the national average indicate a stable and potentially growing market.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Data Scientists?

The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

Some top paying nearby cities include Trenton-Princeton, NJ ($131,860) and Allentown-Bethlehem-Easton, PA-NJ.

How does the Philadelphia Data Scientist salary compare to the national average?

The average annual salary for Data Scientists in Philadelphia-Camden-Wilmington is $118,310, which is approximately $7,700 less than the national average of $126,010.

What is the concentration of Data Scientists in Philadelphia-Camden-Wilmington?

The concentration, measured by the Location Quotient, is 1.3, meaning there are 30% more Data Scientists employed in this region compared to the national average.

How does the cost of living in Philadelphia-Camden-Wilmington affect salary perception?

With a Cost of Living Index of 100, the local cost of living is exactly at the national average, meaning the $118,310 salary has the same purchasing power as the national average salary.

Are there many Data Scientist jobs in Philadelphia-Camden-Wilmington?

Yes, with 1.967 jobs per 1,000 workers and a total local workforce of 5,640 Data Scientists, the region shows a significant presence and 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 5,640 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 1.967 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.