How Much Do Bioinformaticians Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary bioinformaticians make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for bioinformaticians and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of bioinformaticians are offering as compensation.
Keep reading to learn more about how much bioinformaticians can expect to make in the United States.
At a Glance: Salary & Jobs for Bioinformaticians
According to data from 2022, there were about 33,817 positions for bioinformaticians in the United States. In terms of salary, the national median salary for bioinformaticians was reported to be $98,925. Additionally, when examining job demand, employers across the country posted 12,075 job postings related to positions for bioinformaticians.
How Much Money Do Bioinformaticians Make?
Median salary is just one data point. To build a better understanding of how much money bioinformaticians and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for bioinformaticians.
Annual Salary for Bioinformaticians
According to the BLS, the lowest earners for bioinformaticians and related professions earned about $58,094 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $161,304 annually.
As mentioned previously, the median salary for bioinformaticians in the United States in 2022 was $98,925.
Annual Salary Range For Bioinformaticians In 2022
Hourly Salary for Bioinformaticians
The BLS also breaks down compensation for bioinformaticians by hourly salary, and the median average hourly pay for bioinformaticians in 2022 was $48. Lowest hourly earners took home $28 while the highest reported hourly salaries for bioinformaticians was $78.
Hourly Salary Range For Bioinformaticians In 2022
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Advertised Compensation for Bioinformaticians
Data from the BLS is one way to dig into compensation for bioinformaticians, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for bioinformaticians.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Bioinformaticians
Advertised Annual Salary
During a review of 33,093 job postings related to bioinformaticians, advertised salary was included in 4,863 of them, which was 15%. Based on those postings, the median advertised salary for bioinformaticians was $89,984 per year.
Hourly Salary from Job Postings for Bioinformaticians
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for bioinformaticians. Based on 40% of postings with advertised compensation, the median hourly salary for open positions for bioinformaticians in the United States is about $43.
Salary Trend for Bioinformaticians
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for bioinformaticians. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for bioinformaticians dating back to September 2019, advertised salaries for bioinformaticians have increased 11%.
Advertised Wage Trend For Bioinformaticians
What's the Job Growth for Bioinformaticians?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for bioinformaticians over the next 10 years.
According to the data obtained through Lightcast,™ there were 33,818 jobs for bioinformaticians in the United States in 2022. By 2032, it is expected that about 11,610 jobs will be added. That's a 34.3% increase over the next 10-year period.
Employment Projections For Bioinformaticians
Additional Links
Ready to dig deeper into career information about bioinformaticians? Visit our other pages focused on salary and education for bioinformaticians.
What do bioinformaticians do?
Bioinformaticians: How do you become one?
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