2023 Pharmacist Salary in New York
On an average, a pharmacist's salary in New York is $128,260, per annum which is 2.04% higher than the national average. Being the one of the most populous state there, there is a consistent demand for healthcare professionals, taking care of the medical needs of a growing population. In New York, pharmacists earn salaries ranging from $120,990 to $153,790, with the highest salaries coming from Outpatient Care Centers. New York City employs the highest number of pharmacists; however, Watertown-Fort Drum pays the highest salaries. With an employment growth rate of 10.13% in negative through a 10-year period of 2020-2030, the state is favorable for a pharmacy career.
Average Salary of Pharmacist in New York
On an average, a pharmacist in NY earns an average annual salary of $128,260, which is marginally higher than the national average. Pharmacists who work part-time in the state earn an hourly wage of $61.66.
Type | Average Salary |
Hourly Wage | $61.66 |
Monthly Salary | $10,690 |
Annual Salary | $128,260 |
Pharmacist Salary by Experience in New York
A pharmacist's job is crucial to the running of a pharmacy and his expertise can add incredible value to the operation of a pharmacy. An entry level pharmacist earns a starting salary of $100,490 which goes up to $164,030 with 20 years of work experience.
Level of Experience | Hourly | Annual |
Less than 1 year (Starting) | $48.31 | $100,490 |
1-4 years | $58.52 | $121,730 |
5-9 years | $61.98 | $128,920 |
10-19 years | $64.43 | $134,010 |
20 years or more | $78.86 | $164,030 |
Salary Growth (2017-2021)
A pharmacist in New York has witnessed a meager salary growth of 8.21%, in the last five years, from 2017 to 2021. Considering 2017 as our base year, where a pharmacist earned an annual salary of $120,440, five years later in 2021 the salary was more by $9,730.
Year | Average Annual Salary | Growth |
2017 | $120,440 | 1.61% |
2018 | $121,030 | 0.49% |
2019 | $121,480 | 0.37% |
2020 | $121,150 | -0.27% |
2021 | $128,260 | 5.87% |
Total | $9,730 | 8.21% |
Employment Growth (2017-2021)
The employment growth rate for a pharmacist in New York in the last five years has been lower at 8.61%. From 2020 to 2021, employment opportunities lower by 4.01%% and from the year 2016 to 2017, it has grown by 7.09%. The growth has been particularly encouraging in the recent years with pharmacists filling up varied positions in the pharmaceutical industry.
Year | Employment | Growth |
2017 | 21,890 | 7.09% |
2018 | 20,400 | -6.81% |
2019 | 20,180 | -1.08% |
2020 | 19,460 | -3.57% |
2021 | 18,680 | -4.01% |
Total | -1,760 | -8.61% |
Industry Wise Income and Employment (2021)
Retail pharmacies like CVS, Rite-Aid and Walgreens are the largest employers of pharmacists in New York, recruiting 7,530 pharmacists, annually. General Merchandise Stores and Hospitals, on the other hand pay the highest salaries. Outpatient Care Centers hire a small number, hiring only 440 pharmacists for their workforce.
Industry | Employment | Hourly Salary | Annual Salary |
Retail Pharmacies | 7,530 | $58.17 | $120,990 |
Hospitals | 4,870 | $65.23 | $135,690 |
Grocery Stores | 1,450 | $58.94 | $122,610 |
Other General Merchandise Stores | 1,170 | $64.67 | $134,530 |
Outpatient Care Centers | 440 | $73.94 | $153,790 |
New York Metro Wise - Salary and Employment (2021)
The bustling metropolis of New York City, one of the most populated in the state employs 19,730, the largest number of pharmacists in the state. While, the highest pharmacist salaries come from Ithaca, averaging to $132,750, annually, Ithaca and Elmira have only 60 and 70 pharmacists working for them, which is the least in the state.
AREA_TITLE | Employment | Hourly | Annual | Starting Salary | Experienced Salary |
New York-Newark-Jersey City | 19,730 | $61.84 | $128,630 | $100,470 | $163,350 |
Buffalo-Cheektowaga-Niagara Falls | 1,310 | $56.79 | $118,120 | $47,720 | $156,320 |
Rochester | 880 | $56.19 | $116,880 | $49,200 | $140,340 |
Albany-Schenectady-Troy | 870 | $58.21 | $121,070 | $95,050 | $153,920 |
Syracuse | 540 | $59.88 | $124,550 | $99,510 | $162,620 |
Utica-Rome | 260 | $57.35 | $119,290 | $84,700 | $153,480 |
Binghamton | 190 | $59.94 | $124,670 | $84,080 | $167,710 |
Glens Falls | 100 | $61.55 | $128,010 | $99,510 | $166,520 |
Kingston | 100 | $58.23 | $121,110 | $82,760 | $161,470 |
Watertown-Fort Drum | 80 | $62.76 | $130,530 | $100,490 | $164,070 |
Elmira | 70 | $62.42 | $129,840 | $96,030 | $163,360 |
Ithaca | 60 | $63.82 | $132,750 | $102,890 | $168,330 |
Pharmacist Employment Outlook in NY (2020-2030)
In 2020, there were 20,230 pharmacists working in NY and by 2030 this number is projected to grow to 22,280. With a creation of 1,000 jobs for pharmacists in NY each year, the growth rate from 2020 to 2030 is predicted to be at 10.13%, which is 7.78% greater than the national growth rate.
2020 Employment | 2030 Employment | Percent Change | Projected Annual Job Openings | |
New York | 20,230 | 22,280 | 10.13% | 1,000 |
United States | 323,500 | 331,100 | 2.35% | 13,600 |
Pharmacist New York VS Pharmacist National
A pharmacist, on an average earns $128,260 in New York, which is 2% higher than the national average. Although most pharmacists work full-time, some who work part-time earn an hourly wage of $61.66, which is lesser than the national average.
Type | New York Salary | US Salary | Difference | % Difference |
Hourly Wage | $61.66 | $60.43 | 1.24 | 2.04% |
Monthly Salary | $10,690 | $10,470 | 220 | 2.10% |
Annual Salary | $128,260 | $125,690 | -4,310 | 2.04% |
National Figures