Money & Outlook

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National Earnings

Average Annual Wage

$115,570

Average Hourly Wage

$55.56

Average Annual Range

$64,890 to $168,900

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook increasing
  The employment change from 2023 to 2033 is estimated to be +9%.
(The National average for all occupations is +4%)
Job Openings very small number
  Less than 1000 average annual openings are expected for this occupation between 2023 and 2033.
(The National Average for all occupations is 1,724 openings)
Employment small occupation
  This was a small occupation in the United States, employing 35,700 workers in 2023.
(The National average for all occupations is 150,944 workers)
Growth Much faster than average growth
  Biochemists and biophysicists will continue to be needed to do basic research that increases scientific knowledge and to research and develop biological products and processes that improve people' lives. Techniques, tools, and applications of biochemistry and biophysics are expanding as technology and knowledge progress. 
Industries Large concentrations of this occupation are found in these industries
  • Professional, scientific, and technical services (NAICS540000) (63.9%)
  • Scientific research and development services (NAICS541700) (59.7%)
  • Research and development in the physical, engineering, and life sciences (NAICS541710) (59.3%)
  • Manufacturing (NAICS31-330) (19.6%)
  • Chemical manufacturing (NAICS325000) (17.7%)
  • Pharmaceutical and medicine manufacturing (NAICS325400) (16.9%)
  • Educational services (NAICS610000) (7.2%)