The annual salary statistics of biochemists and biophysicists in Albany-Schenectady-Troy, New York is shown in Table 1. The wage statistics of biochemists and biophysicists in Albany-Schenectady-Troy 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 | $61,480 |
| 25th Percentile Wage | $63,350 |
| 50th Percentile Wage | $84,360 |
| 75th Percentile Wage | $100,940 |
| 90th Percentile Wage | $134,920 |
Table 1 shows the average annual salary for biochemists and biophysicists in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $134,920. The median (50th percentile) annual salary is $84,360. The average annual salary for the bottom 10 percent earners is $61,480.
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 | $84,360 | 6.22% | 25.56% |
| 2021 | $79,110 | 21.45% | - |
| 2020 | $62,140 | 4.18% | - |
| 2019 | $59,540 | -0.54% | - |
| 2018 | $59,860 | -0.60% | - |
| 2017 | $60,220 | -0.86% | - |
| 2016 | $60,740 | 2.95% | - |
| 2015 | $58,950 | 3.65% | - |
| 2014 | $56,800 | -8.20% | - |
| 2013 | $61,460 | -2.18% | - |
| 2012 | $62,800 | - | - |
From Table 3 we note that the median annual salary of $84,360 in Albany-Schenectady-Troy is in the middle of salary range for biochemists and biophysicists in state of New York. In comparison, the annual salary of biochemists and biophysicists in Albany-Schenectady-Troy is 43.9 percent (43.9%) lower than that in the highest paying Rochester and 41.5 percent (41.5%) higher than that in the lowest paying Nassau-Suffolk.
| Cities/Areas | Median Annual Salary |
|---|---|
| Rochester | |
| New York-Northern New Jersey-Long Island | |
| Albany-Schenectady-Troy | |
| New York-White Plains-Wayne | |
| Ithaca | |
| Buffalo-Niagara Falls | |
| Nassau-Suffolk |