The annual salary statistics of biochemists and biophysicists in Lexington-Fayette, Kentucky is shown in Table 1. The wage data of biochemists and biophysicists in Lexington-Fayette 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 | $50,800 |
| 25th Percentile Wage | $50,800 |
| 50th Percentile Wage | $60,900 |
| 75th Percentile Wage | $79,180 |
| 90th Percentile Wage | $113,530 |
Table 1 shows the average annual salary for biochemists and biophysicists in Lexington-Fayette, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $113,530. The median (50th percentile) annual salary is $60,900. The average annual salary for the bottom 10 percent earners is $50,800.
The table and chart below show the trend of the median salary of biochemists and biophysicists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $60,900 | -1.66% | 20.71% |
| 2021 | $61,910 | 10.01% | - |
| 2020 | $55,710 | -30.25% | - |
| 2014 | $72,560 | 31.48% | - |
| 2013 | $49,720 | 2.88% | - |
| 2012 | $48,290 | - | - |
From Table 3 we note that with a median annual salary of $60,900, Lexington-Fayette is the second highest paying city for biochemists and biophysicists in state of Kentucky, following the highest paying city Louisville-Jefferson County (median annual salary of $80,120). Compared with Louisville-Jefferson County, the median annual salary of biochemists and biophysicists in Lexington-Fayette is 24.0 percent (24.0%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Louisville-Jefferson County | |
| Lexington-Fayette |