The US Bureau of Labor Statistics has reported that the average annual pay for Medical Scientists is $104,050, compared to the average annual salary of $82,750 for Nurses. This indicates that Medical Scientists earn more than Nurses.
However, it's worth mentioning that wages can vary depending on factors like location, experience, and the specific setting in which the employee works. As an example, Medical Scientists who work in Connecticut (with salary averaging $142,340) may earn more than those who work in Kentucky ($66,030). And Nurses in California earn 105% more on average compared to those in South Dakota.
Medical Scientists vs Nurses overview
Medical Scientists and Nurses are two important roles in the Hospitals industry. There is a general interest in understanding the differences between these job titles, including the average salary for each of them.
Medical Scientist job description
Alternative names: Medical Scientists, Except Epidemiologists
Medical Scientists conduct research dealing with the understanding of human diseases and the improvement of human health. Engage in clinical investigation, research and development, or other related activities. Includes physicians, dentists, pharmacologists, and medical pathologists who primarily conduct research.
Medical Scientist education and experience
Among Medical Scientists, 36% have completed a Doctoral Degree, 25% hold a Post-Doctoral Training, and 25% have a Master's Degree. Regarding experience, about a third of Medical Scientist occupations require a 2 to 4 years of previous experience working in the field. A smaller number of roles (30%) require a previous experience of more than 10 years.
Medical Scientist average salary
The US Bureau of Labor Statistics has reported that in 2021, there were 108,550 Medical Scientists working in the United States, and on average, they earned $104,050 per year. The bottom 10 percent earned $50,100 or less, and the top 10 percent earned $166,980 or more. Compared to the previous year, the mean salary is up by 2.2%.
Do Medical Scientists make good money?
Medical Scientists usually receive good salaries, since their mean salary is 79% above the average wage in the United States ($58,260). Additionally, they make 14% more than the mean earnings of the Professional, Scientific, and Technical Services industry ($91,150).
Medical Scientists usually receive good salaries, since their mean salary is 79% above the average wage in the United States ($58,260).
Medical Scientists job growth
The number of Medical Scientists being employed has decreased over the past two years. In 2021, there have been 17,560 less positions than the previous year across the nation, and that marks a decrease of 13.9%. The average job growth rate for the past 3 years has been -3%.
Nurse job description
Alternative names: Registered Nurses, RN
Nurses assess patient health problems and needs, develop and implement nursing care plans, and maintain medical records. Administer nursing care to ill, injured, convalescent, or disabled patients. May advise patients on health maintenance and disease prevention or provide case management. Licensing or registration required. Includes Clinical Nurse Specialists.
Nurse education and experience
Most Nurses (56%) have completed a Bachelor's Degree. But additionally, among employees with this job title, there are also some with a Post-Secondary Certificate (23%) and an Associate's Degree (19%). When it comes to experience, about a third of Nurse occupations require a 1 to 2 years of previous work-related experience. A smaller number of roles (19%) do not require any previous experience.
Nurse average salary
As stated by the US Bureau of Labor Statistics, the United States employed 3.05M Nurses in 2021, and the average income they earned annually was $82,750. The bottom 10 percent had earnings of $59,450 or less, and the top 10 percent had earnings of $120,250 or more. The average salary has increased by 3.4% in comparison to the previous year.
Do Nurses make good money?
Nurses are typically paid well, since their mean salary is 42% above the average pay in the United States ($58,260). Moreover, they make 15% more than the mean earnings of the Hospitals industry ($72,260).
Nurses are typically paid well, since their mean salary is 42% above the average pay in the United States ($58,260).
Nurses job growth
There has been a growth in the number of Nurses being hired over the last two years. In 2021, there have been 61,030 more job opportunities than the previous year across the nation, and that shows an increase of 2%. The average job growth rate for the past 3 years has been 1.1%.
FAQ
Do Medical Scientists or Nurses make more?
The average earnings of Medical Scientists are about a quarter higher than those of Nurses. The average annual salary for Nurses is $82,750, compared to $104,050 for Medical Scientists.
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