The annual salary statistics of biochemists and biophysicists in Indianapolis-Carmel, Indiana is shown in Table 1. The wage statistics of biochemists and biophysicists in Indianapolis-Carmel is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $53,170 |
| 25th Percentile Wage | $64,760 |
| 50th Percentile Wage | $87,850 |
| 75th Percentile Wage | $109,490 |
| 90th Percentile Wage | $131,050 |
Table 1 shows the average annual salary for biochemists and biophysicists in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $131,050. The median (50th percentile) annual salary is $87,850. The average annual salary for the bottom 10 percent earners is $53,170.
The table and chart below show the trend of the median salary of biochemists and biophysicists from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $87,850 | 2.22% | 19.46% |
| 2019 | $85,900 | -13.48% | - |
| 2018 | $97,480 | 2.37% | - |
| 2017 | $95,170 | -2.93% | - |
| 2016 | $97,960 | 3.26% | - |
| 2015 | $94,770 | 1.62% | - |
| 2014 | $93,230 | 0.23% | - |
| 2013 | $93,020 | 23.94% | - |
| 2012 | $70,750 | - | - |
From Table 3 we note that with a median annual salary of $87,850, Indianapolis-Carmel is the highest paying city for biochemists and biophysicists in state of Indiana, followed by Lafayette-West Lafayette (median annual salary $86,110). In comparison, the median annual salary of biochemists and biophysicists in Indianapolis-Carmel is 2.0 percent (2.0%) higher than that in Lafayette-West Lafayette.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Lafayette-West Lafayette |