2021 Pharmacist Salary in New York

On an average, a pharmacist's salary in New York is $121,480, per annum which is 3.32% lesser 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 $74,070 to $162,900, with the highest salaries coming from General Merchandise Stores. New York City employs the highest number of pharmacists; however, Glens Falls pays the highest salaries. With an employment growth rate of 1.62% in negative through a 10-year period of 2018-2028, 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 $121,480, which is marginally lower than the national average. Pharmacists who work part-time in the state earn an hourly wage of $58.40.

Type Average Salary
Hourly Wage $58.40
Monthly Salary $10,120
Annual Salary $121,480

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 $74,070 which goes up to $162,900 with 20 years of work experience.

Level of Experience Hourly Annual
Less than 1 year (Starting) $35.61 $74,070
1-4 years $51.76 $107,670
5-9 years $59.92 $124,630
10-19 years $70.43 $146,490
20 years or more $78.32 $162,900

Salary Growth

A pharmacist in New York has witnessed a meager salary growth of 2.17%, in the last five years, from 2015 to 2019. Considering 2015 as our base year, where a pharmacist earned an annual salary of $117,590, five years later in 2019 the salary was more by $2,580.

Year Average Annual Salary Growth
2015 $117,590 -1.11%
2016 $118,530 0.79%
2017 $120,440 1.59%
2018 $121,030 0.49%
2019 $121,480 0.37%
Total $2,580 2.17%

Employment Growth

The employment growth rate for a pharmacist in New York in the last five years has been promising at 6.94%. From 2015 to 2016, employment opportunities grew by 8.17% and from the year 2016 to 2017, it has grown by 6.62%. The growth has been particularly encouraging in the recent years with pharmacists filling up varied positions in the pharmaceutical industry.

Year Employment Growth
2015 18,770 -0.53%
2016 20,440 8.17%
2017 21,890 6.62%
2018 20,400 -7.30%
2019 20,180 -1.09%
Total 1,310 6.94%

Industry Wise Income and Employment

Retail pharmacies like CVS, Rite-Aid and Walgreens are the largest employers of pharmacists in New York, recruiting 8,650 pharmacists, annually. General Merchandise Stores and Hospitals, on the other hand pay the highest salaries. Department stores hire a small number, hiring only 490 pharmacists for their workforce.

IndustryEmployment Hourly SalaryAnnual Salary
Retail Pharmacies 8,650 $57.52 $119,650
Hospitals 5,010 $59.27 $123,280
Grocery Stores 1,590 $59.04 $122,800
Other General Merchandise Stores 1,150 $60.05 $124,900
Department Stores 490 $57.31 $119,200

New York Metro Wise - Salary and Employment

The bustling metropolis of New York City, one of the most populated in the state employs 21,310, the largest number of pharmacists in the state. While, the highest pharmacist salaries come from Glens Falls, averaging to $169,870, annually, Ithaca and Elmira have only 60 and 70 pharmacists working for them, which is the least in the state.

Area NameEmploymentHourlyAnnualStarting SalaryExperienced Salary
New York-Newark-Jersey City21,310$58.61$121,900$78,190$163,710
Buffalo-Cheektowaga-Niagara Falls1,270$57.55$119,700$61,980$160,630
Watertown-Fort Drum110$52.09$108,350$28,740$158,190
Glens Falls100$67.57$140,550$109,220$169,870

Pharmacist Employment Outlook in NY

In 2018, there were 20,930 pharmacists working in NY and by 2028 this number is projected to grow to 20,590. With a creation of 900 jobs for pharmacists in NY each year, the growth rate from 2018 to 2028 is predicted to be at 1.62% in negative, which is 1% greater than the national growth rate.

2018 Employment 2028 EmploymentPercent ChangeProjected Annual Job Openings
New York 20,930 20,590 -1.62% 900
United States 314,300 314,100 -0.06% 14,100

Pharmacist New York VS Pharmacist National

A pharmacist, on an average earns $121,480 in New York, which is 3.32% lesser than the national average. Although most pharmacists work full-time, some who work part-time earn an hourly wage of $58.40, which is lesser than the national average.

Type New York Salary US SalaryDifference% Difference
Hourly Wage $58.40 $60.34 -$1.94 -3.32%
Monthly Salary $10,120 $10,460 -$340 -3.36%
Annual Salary $121,480 $125,510 -$4,030 -3.32%