2021 Pharmacist Salary in Michigan

On an average a pharmacist salary in Michigan is $121,110, annually. While unlike a pharmacy technician a pharmacist requires four years of higher education and the cost of pursuing a degree in Pharmacy is quite an investment, the salaries they earn in the state of MI are not proportionate enough, being 3.63% lesser than the national average. Of course, experience and expertise will relatively influence your salary which can range between $95,320 to $158,210. In terms of employment, there is not much of a growth projected, with just 350 pharmacist positions projected to being created over a span of 10 years, from 2018 to 2028. Detroit, Warren, Dearborn are the most favorable places to work in MI as they pay the highest salaries and hire the largest number of pharmacists..

Average Salary of Pharmacist in Michigan

A A pharmacist in MI earns an average annual salary of $121,110, which is 3.63% lower than the national average. These days many pharmacies prefer hiring part-time pharmacists to cut costs and pay them an hourly wage of $58.23.

Type Average Salary
Hourly Wage $58.23
Monthly Salary $10,090
Annual Salary $121,110


Pharmacist Salary by Experience in MI

With years of experience, a pharmacist can bring in expertise and skill to the table, unlike a relatively new pharmacist on the job. While, an entry level pharmacist earns an annual salary of $95,320, the salary jumps up to $158,210 with 20 years of work experience.

Level of Experience Hourly Annual
Less than 1 year (Starting) $45.83 $95,320
1-4 years $54.02 $112,360
5-9 years $59.99 $124,780
10-19 years $67.79 $140,990
20 years or more $76.06 $158,210


Salary Growth

Over the past 5 years, from 2015 to 2019, the salary of a pharmacist has gone up by 7.41%.

Year Average Annual Salary Growth
2015$113,2300.42%
2016$114,8301.39%
2017$115,1600.29%
2018$117,6802.14%
2019$121,1102.83%
Total$8,3507.41%


Employment Growth

A pharmacist is a huge cost to any pharmacy as the pay scale is much higher than that of a pharmacy technician. Many small pharmacies have been taken over by big pharmacies and consequently pharmacist positions are being cut down in an attempt to save costs. In the last 5 years, the number of pharmacist jobs have decreased by 210. Pharmacists already on job prefer to stick around for longer and hence, the small number of new jobs being created.

Year Employment Growth
20158,700-1.84%
20169,0503.87%
20179,4203.93%
20189,140-3.06%
20198,650-5.66%
Total-210-2.37%


Industry Wise Income and Employment

As with any other state, in Michigan too retail pharmacies employ the largest number of pharmacists. 3,710 pharmacists work in the various pharmacies in the state, drawing a salary of $119,290. While, General Merchandise Stores and Hospitals pay the highest salaries, pharmacists working for department stores get paid the least.

IndustryEmployment Hourly SalaryAnnual Salary
Retail Pharmacies 3,710 $57.35 $119,290
Hospitals 2,150 $59.10 $122,900
Grocery Stores 680 $58.87 $122,420
Other General Merchandise Stores 490 $59.87 $124,520
Department Stores 210 $57.14 $118,830


Michigan Metro Wise - Salary and Employment

Pharmacists working in the most populated cities of Michigan; namely, Detroit, Warren and Dearborn earn an annual salary of $118,790. Catering to a large population, pharmacists are in demand in these cities and they hire 4,110 pharmacists, annually, the largest in the state. If you are looking to work in Flint, you should know the highest salaries in the state come from here.

Area Name Employment Hourly Annual Starting Salary Experienced Salary
Detroit-Warren-Dearborn 4,110 $57.11 $118,790 $61,710 $159,190
Grand Rapids-Wyoming 850 $58.51 $121,700 $105,650 $156,780
Ann Arbor 510 $58.91 $122,540 $103,000 $157,270
Flint 360 $64.82 $134,820 $108,290 $167,800
Lansing-East Lansing 270 $59.21 $123,160 $89,440 $160,510
Saginaw 200 $59.29 $123,310 $107,790 $154,620
Battle Creek 170 $58.90 $122,510 $106,600 $153,990
Jackson 90 $57.70 $120,020 $87,330 $155,790
Midland 90 $58.97 $122,660 $103,160 $159,350
Bay City 70 $57.27 $119,130 $106,190 $137,010
Monroe 70 $59.04 $122,790 $105,900 $154,420
Niles-Benton Harbor 70 $60.97 $126,820 $106,710 $162,010


Pharmacist Employment Outlook in MI

The employment growth for pharmacists in Michigan from 2018-2028 is projected to be at 6.40% in negetive, which is 6% lower than the national growth rate.

2018 Employment 2028 EmploymentPercent ChangeProjected Annual Job Openings
Michigan 9,380 8,780 -6.40% 350
United States 314,300 314,100 -0.06%14,100


Pharmacist Michigan VS Pharmacist National

Michigan is one of the lowest paying states in the nation for pharmacists and it stands 44th in the list of highest pharmacist salary paying states. A pharmacist in MI draws a salary of $121,110, annually, which is 3.63% lower than the national average.

Type Michigan Salary US SalaryDifference% Difference
Hourly Wage $58.23 $60.34 -$2.11 -3.62%
Monthly Salary $10,090 $10,460 -$370 -3.67%
Annual Salary $121,110 $125,510 -$4,400 -3.63%