Bioinformatics Salary: How Much Can You Expect?

bioinformatics salaryIf some of the laboratory scenes from the movie, “Rise of the Planet of the Apes” left you feeling more excited and more on the edge of your seat than the actual ending bridge scene, then a career in Bioinformatics might be right up your alley (or test tube, depending).  One of the first questions that may come to mind when brainstorming any career choices is, “How much am I going to make?” and “What is my salary going to look like?”  We know that math is probably more your forte, but we are going to help you crunch some numbers to take a look at what the salary of a job in Bioinformatics can look like.  So get out your calculator and let’s take a look at some numbers.

Bioinformatics Average Salary Based on Job Title

There are various sectors within Bioinformatics that will need to be addressed.  Depending on your industry, your experience, and even what state you live in, your salary can vary.  The overall average salary, according to indeed.com, comes in at around $74,000.  Let’s take a look at where that number comes from based on job title:

Bioinformatics Data Analyst: $77,000

Bioinformatician: $56,000

Open Rank Faculty: $83,000

Biotech Bioinfomatic: $74,000

Bioinformatics Analyst: $62,000

Bioinformatics Scientist: $102,000

Computational Biologist: $72,000

Senior Applied Statistician: $68,000

Bioinformatics Average Salary Based on Industry

Now, let’s take a look at the salary of a Bioinformatics Scientist based on the industry that they are working in.  Bioinformatics professionals can expect the most pay if they obtain jobs within these industries:

Manufacturing: $76,240

Professional, Scientific, and Technical Services: $75,280

Public Administration: $72,930

Wholesale Trade: $71,260

Health Care and Social Assistance: $62,600

Administrative, Support and Waste Management Services: $62,280

On the other hand, Bioinformatics Scientists tend to earn less when they are employed in the following industries:

Other Types of Services: $56,210

Agriculture, Forestry, Fishing, and / or Hunting: $56,800

Educational Services: $59,240

Administrative, Support, and Waste Management Services: $62,280

Health Care and Social Assistance: $62,600

Wholesale Trade: $71,260

Bioinformatics Average Salary Based Location

As you probably know, the locale of a job usually makes an impact on the type of pay that is given, and Bioinformatics is no different.  Let’s take a look at the 7 places that tote the highest pay, and the 7 places where you can expect a smaller paycheck.

The states with the lowest paying average for a job in Bioinformatics are:

Puerto Rico: $47,910

Delaware: $52,580

Florida: $54,560

Montana: $56,120

Massachusetts: $56,710

Kentucky: $57,020

Indiana: $57,200

Alternatively, if you are getting ready to apply for a job in Bioinformatics, you might want to check out what these states have available, as they have the highest average income for this career:

District of Columbia: $104,350

Maryland: $91,000

Virginia: $86,950

New Jersey: $79,270

Illinois: $76,350

North Carolina: $73,850

Iowa: $73,010

Career Outlook

If you do happen to end up in one of the lower-paying states, fear not!  According to recruiter.com, the annual compensation for those working as Bioinformatics has only been increasing since 2004 at a steady rate of 20.87 nationwide.  Good news!  Additionally, job growth has increased as well – which is important, especially if you are just starting out in the field.  Since 2004, jobs in Bioinformatics have increased by 16.23 percent throughout the nation, which is an average annual growth of 2.71 percent.  Due to this increase, the demand for people with skills and degrees in Bioinformatics is expected to increase steadily.  By 2018, it is expected that there should be well over 7,000 new jobs within this field.

Let’s take a look at some more data – since we know you are very familiar with that type of thing!

The most jobs for Bioinformatics Professionals can be found in the following states:

California: 4,110

Maryland: 3,280

Texas: 1,640

Florida: 1,630

Washington: 1,340

North Carolina: 1,230

Colorado: 1,040

Those states with the least number of positions as Bioinformatics are as follow:

Vermont: 40

Connecticut: 90

New Hampshire: 90

South Dakota: 110

Nebraska: 130

Indiana: 150

Iowa: 160

bioinformatics salaryHow to Become a Bioinformatics Professional

With all this data, you might be wondering what steps you will need to take for a career as a Bioinformatics Professional.  Well, we have that data for you, too!

  1. Know what a Bioinformaticians do:  Understand that you will be entering a career that involves biology, math, and computer science, as well as analyzing and interpreting data that you find from those fields.  Your skills will open many doors, but you need to know and enjoy the ins and outs of these three fields!
  2. Stay current:  Bioinformatics and biotechnology is going to be changing and developing on a consistent basis.  As such, you are going to need to be in the know with all the changes that occur.  You can do this by: enrolling in continuing education courses, reading articles online, or attending seminars and lectures pertaining to Bioinformatics
  3. Know computer science:  Being proficient in computer science will enable you to perform well in all the areas of Bioinformatics.  This means you should possess database administration and programming skills, know the UNIX operating program, and know how to write in programming language (PERL, SQL, and C).  As for the science part, you should learn genomic sequence analysis and molecular modeling programs – both of which involve computer science.
  4. Biology:  Back to the science – you should be proficient in college-level biology.  This should not be too hard, because if you have made it this far, there is a pretty good chance that you are have taken secondary education classes already.
  5. Math:  Again, at a college-level you should be well-versed in biostatistics.
  6. Higher Education:  If you have already obtained an undergraduate degree in biology, computer science, or biotechnology, you can consider a graduate school-level program that will provide you with skills, research abilities, and information technology skills that you could not pick up elsewhere.
  7. Begin your career!

Grow with your salary!

Once you are able to obtain a career in Bioinformatics, you will find that, as it grows, you will be presented with new opportunities to grow as well.  With these opportunities, you will also see salary growth as you navigate through the field.  So take this information and begin your career search or begin the path towards a career in Bioinformatics!