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Average Medical Scientists, Except Epidemiologists Salary in Louisville/Jefferson County, KY-IN

In Louisville/Jefferson County, KY-IN, Medical Scientists, Except Epidemiologists, earn an average annual salary of $85,610. This figure is notably below the national average of $116,160, suggesting that local market dynamics, such as industry demand and the concentration of related businesses, play a significant role in compensation levels within this region.

Executive Summary

  • Average Salary: $85,610 per year.
  • Growth Trend: Salaries have shifted 14.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,010.
  • Outlook: The local job market for Medical Scientists, Except Epidemiologists, in Louisville/Jefferson County, KY-IN, appears to be relatively niche. With a total local workforce of 250 individuals in this role and a Location Quotient of 0.36, the demand is less concentrated compared to the national average. This suggests a smaller, potentially more specialized, job pool.
2024 Market Data

Salary Overview

$85,610

The average Medical Scientists, Except Epidemiologists in Louisville/Jefferson County, KY-IN earns-26.3%below the national average.

BreakdownBased on 40h/week
Hourly

$41.2

Weekly

$1,646

Monthly

$7,134

Medical Scientists, Except Epidemiologists Salary Distribution in Louisville/Jefferson County, KY-IN

Salary progression for Medical Scientists, Except Epidemiologists, typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with advanced degrees and a proven track record can command salaries well above the average. The percentile gaps in salary distribution clearly signify opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$52,300$25.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$64,208$30.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$65,720$31.6
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$107,013$51.4
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$165,010$79.3

Detailed Medical Scientists, Except Epidemiologists Market Analysis

Relocation Context

Nominal Salary

$85,610

Gross Pay

Real Wage (Purchasing Power)

$85,610

Adjusted for COL (100)

The average annual salary of $85,610 in Louisville/Jefferson County, KY-IN, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Medical Scientist's salary in this area is equivalent to the national standard, offering a stable financial foundation without the added pressure of higher living expenses.

Job Market Context

250

Total Jobs

0.369

Per 1K Jobs

0.36

Location Quotient

Low Concentration

At 0.36x, Louisville/Jefferson County, KY-IN has a notably lower concentration of Medical Scientists, Except Epidemiologists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.36 indicates that Medical Scientists, Except Epidemiologists, are less concentrated in Louisville/Jefferson County, KY-IN, than the national average. This suggests that while opportunities exist, the market is not saturated, potentially offering a competitive environment for skilled professionals seeking roles in this specialized field.

Nearby Job Markets

Hiring Medical Scientists, Except Epidemiologistss?

Frequently Asked Questions

How much does a Medical Scientists, Except Epidemiologists make in Louisville/Jefferson County, KY-IN?

The median annual salary for a Medical Scientists, Except Epidemiologists in Louisville/Jefferson County, KY-IN is $85,610. This typically ranges from $52,300 for entry-level positions to $165,010 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Louisville/Jefferson County, KY-IN is 26.3% lower than the national median of $116,160.

Is Louisville/Jefferson County, KY-IN a lucrative place for Medical Scientists, Except Epidemiologists?

No, not compared to the national average.While the cost of living is average, the nominal salary of $85,610 is significantly lower than the national average of $116,160 for Medical Scientists, Except Epidemiologists.

Is Louisville/Jefferson County, KY-IN a good place to live for Medical Scientists, Except Epidemiologists?

The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.

How does the local workforce size affect job prospects?

A smaller local workforce of 250 for Medical Scientists, Except Epidemiologists, suggests a more specialized job market. While this might mean fewer openings, it could also lead to less competition for highly qualified candidates.

What does a Location Quotient of 0.36 mean for job seekers?

A Location Quotient below 1.0, like 0.36, indicates that this profession is less common in Louisville/Jefferson County, KY-IN, relative to the nation. This could imply a unique opportunity for those with specialized skills in this area.

Does the cost of living impact the value of the salary?

With a Cost of Living Index of 100, the $85,610 salary in Louisville/Jefferson County, KY-IN, offers purchasing power equivalent to the national average, making it a stable financial environment.

Are there many jobs per 1,000 workers for this role in Louisville?

With 0.369 jobs per 1,000 workers, the concentration of Medical Scientist roles is lower than the national average, reinforcing the idea of a specialized rather than a broadly abundant job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Louisville/Jefferson County, KY-IN area with a job density of 0.369 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.