Draper Laboratory Salary

How much does the Draper Laboratory Pay for employees?

As of July 2026, the average annual salary for employees at Draper Laboratory in the United States is $108,022. This translates to an approximate hourly wage of $52. Salaries at Draper Laboratory typically range from $94,852 to $122,598 annually, reflecting the diverse roles and experience levels within the company. Draper Laboratory’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Draper Laboratory

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Is Draper Laboratory’s Pay Competitive? Salary Benchmarking Analysis

How does Draper Laboratory’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Draper Laboratory
Healthcare
Cambridge Sequencing Laboratory
Paige Laboratory
Industry Comparison
Our data shows that, on average, compensation at Draper Laboratory is below the average for the U.S. Healthcare industry by approximately 11%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Draper Laboratory average annual salary with several similar companies. Draper Laboratory average salary of $108,022 is higher than Cambridge Sequencing Laboratory, which has an average salary of $105,322. It is higher than Paige Laboratory, with their average salary at $96,957. This places Draper Laboratory in a competitive position among its peers.
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Employee Reviews: Working at Draper Laboratory

Considering a career at Draper Laboratory? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Strong work-life balance support. Working for this healthcare system has been incredibly rewarding. After years in healthcare, I've found my professional home in this mission-driven, supportive organization that truly makes a difference in people's lives. Excellent teamwork and clear communication. The onboarding process was detailed, and my team helped me learn quickly.
Company responds quickly to challenges. Training programs are offered and always meet evolving role demands. Our employee health plan costs decreased 18% after switching to accountable care organization. Benefits are adequate, supporting healthcare and retirement. Training sessions exist, but often feel rushed or outdated. This healthcare setting prioritizes predictability and protocol over exper...
Those who value routine and defined responsibilities will likely find the work environment suitable. The company is very family-oriented and understands the importance of personal commitments. Training programs are available and it is helpful for specific job roles.

Draper Laboratory Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Healthcare
Headquarter Address
40 Broad St Boston Massachusetts MA 02109
Revenue
<$5 Million
Phone Number
+1 6173506800
Social Media
About Draper Laboratory
Draper Laboratory is a company that operates in the Biotechnology industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Boston, Massachusetts.

What Benefits Does Draper Laboratory Offer Beyond Salary?

A competitive compensation package is more than just a salary. Draper Laboratory offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Draper Laboratory.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Draper Laboratory, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Draper Laboratory salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Draper Laboratory

1. What is the average salary for employees at Draper Laboratory?

The average annual total compensation for employees at Draper Laboratory is approximately $108,022. However, this is an aggregate figure, actual salaries can range significantly, typically from $94,852 to $122,598, depending on factors like job role, experience, and location.

2. How much does Draper Laboratory pay compared to Cambridge Sequencing Laboratory?

The average annual salary at Draper Laboratory is $108,022, or an hourly wage of $52, in comparison to Cambridge Sequencing Laboratory which pays $105,322 per year or $51 per hour.

3. How does having a professional certification impact salary for relevant roles at Draper Laboratory?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Draper Laboratory for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Draper Laboratory offer cost-of-living adjustments (COLA) for employees in high-cost areas like Boston?

While some companies offer formal COLA, many, including potentially Draper Laboratory, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Draper Laboratory?

Most companies, likely including Draper Laboratory, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.