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Average annual salary for a Biochemist is $51745 based on statistics in the U.S. as of 2015. The highest salary recorded was $91792. The lowest salary reported was $28436. These figures will vary on a state to state basis as these are averages across all 50 states.
The pharmaceutical sector is a major employer of masterâs graduates in biotechnology. Biochemists and biophysicists in the pharmaceutical sector can expect to earn an average $42.6 an hour. If we compare salaries by job type we find that research scientists in biotechnology earn around $64K. But this has to be viewed in conjunction with a comparison of average salaries in terms of experience. It takes a masterâs graduate around 5-9 years to reach the $64K mark. Beginners draw around $31K.