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Geoscientists, including paleontologists, had an average annual salary of $97,700 as of May 2011, according to the Bureau of Labor Statistics (BLS). Assistant professors with a Ph.D. degree in paleontology earn starting salaries of $40,000 to $60,000 for a nine-month academic year, according to The Paleontological Society. Paleontologists with doctorates earn $50,000 to $80,000 over a full year when working in industry and government, according to the society.
How to become a Paleontologist. Paleontologists study and research forms of life from prehistoric or geologic times; they perform these studies through the examination of fossils of plants, animals and other organisms.Most entry-level positions in paleontology require a master's degree in geology or earth science.There are a few positions that will accept a bachelor's degree in these fields of study for such entry level positions.ccording to the US Department of Labor the top three paying areas for Paleontologist are Midland, TX with a median salary of $128,040, Lafayette, LA with a median salary of $124,200 and Huston-Sugarland-Baytown, TX with a median salary of $117,000.