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Average Physicists Salary in New York

Physicists in New York earn an average annual salary of $174,180, slightly below the national average of $177,260. This marginal difference is often influenced by the state's robust research infrastructure and the demand for specialized scientific talent within its numerous academic and industrial institutions.

Executive Summary

  • Average Salary: $174,180 per year.
  • Growth Trend: Salaries have shifted 6.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $261,270.
  • Outlook: With a total local workforce of 1,190 Physicists, New York demonstrates a significant concentration of talent. The Location Quotient of 0.9 suggests that the density of Physicists in New York is nearly on par with the national average, indicating a stable and established job market for this profession within the state.
2024 Market Data

Salary Overview

$174,180

The average Physicists in New York earns-1.7%below the national average.

BreakdownBased on 40h/week
Hourly

$83.7

Weekly

$3,350

Monthly

$14,515

Physicists Salary Distribution in New York

The salary progression for Physicists in New York typically scales significantly with experience. Entry-level positions might start in the lower percentiles, while senior Physicists with extensive research or leadership experience can command salaries in the upper percentiles, reflecting their specialized knowledge and contributions to complex scientific endeavors.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$77,510$37.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$130,635$62.8
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$174,160$83.7
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$217,725$104.7
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$261,270$125.6

Detailed Physicists Market Analysis

Relocation Context

Nominal Salary

$174,180

Gross Pay

Real Wage (Purchasing Power)

$139,233

Adjusted for COL (125.1)

While the nominal salary of $174,180 is substantial, New York's Cost of Living Index of 125.1 means that this income is worth less in purchasing power compared to the national average. Prospective and current residents should factor in the higher expenses for housing, goods, and services when evaluating their overall financial well-being.

Job Market Context

1,190

Total Jobs

0.125

Per 1K Jobs

0.9

Location Quotient

Below Average

New York has 0.90x the national average concentration of Physicists 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 0.9 indicates that New York has a slightly lower concentration of Physicists relative to its overall workforce compared to the national average. This suggests a competitive but not oversaturated market, where skilled Physicists can find opportunities, though perhaps with slightly less localized abundance than in other regions.

Nearby Job Markets

Nearby Cities for Physicists

CitySalaryDist.
Albany-Schenectady-Troy, NY Physicists Salary$163,640↓ 6%68 mi

Comparing salaries near New York

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Frequently Asked Questions

How much does a Physicists make in New York?

The median annual salary for a Physicists in New York is $174,180. This typically ranges from $77,510 for entry-level positions to $261,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 1.7% lower than the national median of $177,260.

Is New York a lucrative place for Physicists?

Yes, but with caveats.New York offers a high average salary for Physicists, but the elevated cost of living means that the real value of this income is somewhat diminished compared to national averages.

Is New York a good place to live for Physicists?

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 ($163,640) and others.

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

The average annual salary for a Physicist in New York is $174,180.

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

Physicists in New York earn slightly less than the national average, with an average salary of $174,180 compared to the national average of $177,260.

Is the job market for Physicists strong in New York?

The job market is stable, with a Location Quotient of 0.9, indicating a concentration of Physicists that is close to the national average, suggesting consistent demand.

How does the cost of living affect a Physicist's salary in New York?

New York's Cost of Living Index is 125.1, meaning that the $174,180 salary has less purchasing power due to higher expenses for everyday goods and services.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,190 employees in the New York area with a job density of 0.125 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Physicists • Data source: BLS OEWS 2024 •Jobs in New York