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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.
According to the US Department of Labor the median annual earnings of paleontologist is $72,660 and the middle 50 percent earn between $51,860 and $100,650.The bottom ten percent earned less than $39,740 and the highest 10 percent more than $135,950.aleontologist are scientist whose main purpose is to study fossils of living organisms and animals for the purpose of learning what the earth was like years and years ago. They are responsible for finding the fossils and identifying pertinent facts about the fossils using scientific techniques.