Principal Investigator Salary

Average Yearly Salary
Updated May 19, 2020
$136,000
$90,000
Min 10%
$136,000
Median 50%
$205,000
Max 90%
Best Paying Company
Covance
Highest Paying City
Hayward, CA
Highest Paying State
California
Average Experience Level
3.1 years
How much does a principal investigator make?
As a Principal Investigator in the USA, you can expect to earn on average $136,528 per year or $65.64 per hour. The top 10 percent of earners make over $206,000 annually, whereas the bottom 10 percent of earners make under $90,000 per year. Technology companies and Professional companies tend to have the highest concentration of employment in this field. The top 5 states when it comes to Principal Investigator salaries are California, Nevada, North Dakota, New York, and New Hampshire. Most Principal Investigators spend 3.1 years in the position.
Annual Salaries For Related Jobs
Principal
$142,276

Average Principal Investigator Salary By Location

Principal Investigators in the United States of America make on average $136,528 a year or $65.64 per hour. Hayward, CA reports the highest annual salary for Principal Investigators at 180,991. Not only that, Hayward, CA also has an average entry-level salary of $96,000. The top 5 states with the highest reported Principal Investigator salaries are California, Nevada, North Dakota, New York, and New Hampshire. On the other hand, Ohio, Arizona, Louisiana, Wyoming, and North Carolina report the lowest wages for Principal Investigators.
City
Average Salary

Map of Principal Investigator Salaries

The darker areas on the map show where Principal Investigators earn the highest salaries across all 50 states.

Average Salary:

Average Principal Investigator Salary By Company

If you are a Principal Investigator, you can expect good job security. However, keep in mind that some industries pay better than others. The most abundant employment opportunities for Principal Investigators are in Technology companies and Professional companies. Companies like Covance or Pharmaceutical Product Development will get you the highest pay packages. If you can find a job at a company like Incyte or California Institute of the Arts, they also offer very competitive salaries to their Principal Investigators.

Average Principal Investigator Pay By Industry

Principal Investigator salaries can vary depending on the industry. By looking at our data, we can see that Pharmaceutical companies, Manufacturing companies, and Government companies pay their Principal Investigators well. Salaries for Principal Investigators in Pharmaceutical companies average $184,907 annually, while Manufacturing companies and Government companies pay $151,058 and $145,158, respectively. At $109,270, the average salary for Principal Investigators in the Education industry is lower than other industries.
Industry
Average Salary
Pharmaceutical
Pharmaceutical
$184,907
$185k
Manufacturing
Manufacturing
$151,058
$151k
Government
Government
$145,158
$145k
Non Profits
Non Profits
$143,361
$143k
Technology
Technology
$132,290
$132k
Health Care
Health Care
$129,570
$130k
Professional
Professional
$128,541
$129k
Education
Education
$109,270
$109k

Principal Investigator Salary History

Compare salaries for individual cities or states with the national average.

National Average
Ashburn, VA

Recently Added Principal Investigator Salaries

CompanyJobLocationDate AddedSalary
Principal Investigator
Principal Investigator
08/21/2019
08/21/2019
$126,000
$126,000
Principal Investigator
Principal Investigator
08/01/2019
08/01/2019
$116,556
$116,556
Principal Investigator
Principal Investigator
06/10/2019
06/10/2019
$65,000
$65,000
Principal Investigator
Principal Investigator
06/10/2019
06/10/2019
$65,000
$65,000
The Research Foundation for Suny Geneseo
The Research Foundation for Suny Geneseo
Principal Investigator/Project Director
Principal Investigator/Project Director
05/29/2019
05/29/2019
$94,541
$94,541
Careplus New Jersey
Careplus New Jersey
Principal Investigator
Principal Investigator
05/14/2019
05/14/2019
$225,000
$225,000
Research Institute at Nationwide Children's Hospital
Research Institute at Nationwide Children's Hospital
Principal Investigator
Principal Investigator
04/25/2019
04/25/2019
$103,000
$103,000
Children's Hospital Pediatric Associates
Children's Hospital Pediatric Associates
Principal Investigator
Principal Investigator
03/20/2019
03/20/2019
$149,500
$149,500
Principal Investigator
Principal Investigator
03/13/2019
03/13/2019
$118,000
$118,000
Principal Investigator, Applied Technology
Principal Investigator, Applied Technology
03/11/2019
03/11/2019
$126,875
$126,875