Salaries for biochemical engineers vary by their education, experience, industry, and employer. Those with advanced degrees, years of prior work experience, and who work in research and development in engineering, physical, and life sciences usually earn the highest wages. The average annual salary for biochemical engineers in 2024 was $115,212, according to PayScale.com. Salaries ranged from $67,000 to $171,000 or more.
The closest jobs to biochemical engineers that the U.S. Department of Labor provides salary information for are bioengineers/biomedical engineers and chemical engineers. In May 2023, bioengineers and biomedical engineers earned median annual wages of $100,730; the lowest 10 percent earned $68,100 or less, and the highest 10 percent earned $154,350 or more. The median annual salary for chemical engineers was $112,100 in May 2023. The lowest paid 10 percent earned less than $75,650. The highest paid 10 percent earned more than $176,420 annually.
Employment benefits usually include paid vacation and sick days, health insurance, and retirement plans. Some engineers receive performance bonuses and the opportunity to participate in profit-sharing programs. PayScale.com reports that biochemical engineers bonuses of $2,000 to $25,000 and profit sharing of $6,000 to $66,000 in 2024.
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