Pharmacist Salary in the United States - (June 2020 Updated)

Pharmacy Schools

Well, how much does a pharmacist make depends on various factors such as location of work, work experience, academic background and type of employer. Getting an in-depth insight into a pharmacist salary in the U.S. will help you get ready for this challenging and high paying career in a much better way. Read on to get a well researched analysis on salary and job outlook of a pharmacist.

Total Number of Pharmacists Currently Employed in the US

There is a steady demand for pharmacists in the nation, considering the increasing use of prescription drugs, pharmacists are playing roles that go beyond a pharmacy. According to BLS, as on May 2017, there are 309,330 pharmacists working in the country.

309,330



Starting Salary of a Pharmacist

A pharmacy career is highly competitive and entry level jobs have a large number of fresh graduates vying for it. Pharmacist starting salary on an average is $87,420. Although the low start maybe a deterrent to few, the experience you gain will help you surge ahead in your pharmacy career and eventually earn higher pay scales.

Starting Salary
$87,420



Average Salary of a Pharmacist

Per Hour:

A pharmacist working part-time earns an average hourly wage of $58.52. If you want to earn higher wages then you must know that working in Vermont will fetch you an hourly wage of $64.47, the highest in the nation.

Monthly:

As a pharmacist in the U.S. your average monthly wage will be $10,143. While the highest wage comes from California, at $11,394, the lowest comes from Utah at $9,259.

Annual:

The average pharmacist salary, on an average in the nation is $121,710. While a pharmacist enjoys a reasonably high pay scale in healthcare careers, there are various factors which influence the amount you will earn, such as educational background, location of work, level of experience and type of employer. You must know that working full-time will add up several benefits and allowances to your salary, which a part-timer may not enjoy.

Type Salary
Hourly Wage $58.52
Monthly Salary $10,143
Annual Salary $121,710
(Source: U.S. Bureau of Labor Statistics, 2018)



Salary Breakdown by Experience

Well, the salary you bring home will be greatly influenced by your level of work experience. In the beginning of your career, you will start with an annual salary of $87,420. With 1 to 4 years of experience you can expect to earn $110,310, which will go up to $142,710 with 10 to 19 years of experience. With an expertise of 20 years or more, you can go on to earn a fat pay check of $159,410.

Level of Experience Hourly Monthly Annual
Less than 1 year (Starting) $42.03 $7,285 $87,420
1-4 years $53.04 $9,193 $110,310
5-9 years $59.70 $10,348 $124,170
10-19 years $68.61 $11,893 $142,710
20 years or more $76.64 $13,284 $159,410
Average Salary $58.52 $10,143 $121,710
(Source: PTG Research, 2018)



Employee Benefits

For starters, employee benefits influence a pharmacist pay in a significant manner. Depending on the type of industry you are working for, the salary benefits you enjoy will vary. While pharmacists working for the state and local government are paid lower salaries as compared to the private sector, their allowances and benefits add up to a good 37.4% which eventually translates to a higher pay scale of $162,778. On the other hand, pharmacists working for the private sector enjoy a higher base salary, however the benefits they enjoy are a 30.4%, which adds up to an annual take home package of $159,049.

Compensation Component Private Industry State & Local Government Private Industry Salary State & Local Government Salary
Wages and Salaries 69.60% 62.60% $121,970 $118,470
Paid Leave 7.00% 7.60% $8,538 $9,004
Supplemental Pay 3.80% 1% $4,635 $1,185
Insurance (Health Benefits) 8.00% 11.80% $9,758 $13,979
Retirement and Savings (Defined Benefit & Defined Contribution) 3.80% 11.50% $4,635 $13,624
Legally Required 7.80% 5.50% $9,514 $6,516
Total $159,049 $162,778
(Source: PTG Research, 2018)



Factors That Will Play a Role in How Much I Earn

How much will you earn as a pharmacist will depend on several factors. It is good to factorize what influences your earnings, so you can make a well-informed employment decision.

Place of Employment:

Where you work will be an important deciding factor of your salary. If you are based in large metros, your pay packages will be considerably higher for obvious reasons of higher cost of living in cities. While a pharmacist living in Victoria, TX earns the highest annual salary of $164,150, someone working in Carbondale-Marion, IL earns the lowest wage of $128,550.

Job Sector:

Pharmacists working in private sector usually earn higher base salaries. However, they may lose out on employee benefits when compared to someone working for the government. Government employees earn higher total pay packages when compared to ones working for the private sector.

Educational Background:

Pharmacist graduates from reputed and accredited pharmacy schools usually have an edge in the job market and command higher salaries. A first-time pass attempt on the NAPLEX also can be an added factor that influences the amount of money offered to you and may very well translate into a higher pay scale.

Work Experience:

As in any health care setting, with work experience a person's skills and knowledge are honed. Seniority at work will let you command a higher pay. With years of experience you can also expect to earn perks such as insurance and medical benefits.

Type of Employer:

The amount you earn will also depend on the type of employer you are working for. Pharmacists working for outpatient care centers or pharmaceutical manufacturing companies usually earn higher, while those working for mail order pharmacies earn comparatively smaller pay packages.



Historical Salary Growth

Considering the salary growth from 2008 to 2017, a pharmacist earns 22.99% higher in 2017 than what he earned in 2008. However, each year the growth has been almost consistent, the reason being a balance in the demand and supply of pharmacists.

2013:

The salary of a pharmacist has seen a meager growth of 1.34% in 2013. Pharmacist working at mass merchants with pharmacies enjoyed the highest salaries, while those working for retail pharmacies earned the lowest annual salaries this year.

2014:

In 2014 as well, the salary trend for pharmacists' remains the same with a growth of 1.69%, the salary grew at the same rate in 2014 as did the average salary for all healthcare workers.

2015:

In 2015, the salary of a pharmacist did not see much growth and a hike of just 0.68% was reported.

2016:

2016 too, the trend continues with just a hike of 0.84%.

2017:

In 2017, the salary growth has bounced back to 1.20%, indicating a promising growth trend in the salary of a pharmacist.

Year Annual Salary Growth
2008 $104,260 5.36%
2009 $106,630 2.27%
2010 $109,380 2.58%
2011 $112,160 2.54%
2012 $114,950 2.49%
2013 $116,500 1.35%
2014 $118,470 1.69%
2015 $119,270 0.68%
2016 $120,270 0.84%
2017 $121,710 1.20%
Total $22,750 22.99%

(Source: U.S. Bureau of Labor Statistics, 2018)



10-Year Job Outlook

The 10-year job outlook for pharmacists is rather raising concern about employment opportunities. With a 5.57% growth rate, pharmacists in the nation will be vying against each other for lucrative job positions. The rapid increase in number of pharmacy graduates has tilted the balance a bit, with supply taking over the demand. However, this is no reason to be discouraged as although demand for pharmacists preparing prescription medication in a pharmacy may be decreasing, their role is expanding, and they are taking up significant positions in drug research and manufacturing.

Number of Employees 10 Year New Job Growth Projection (2016-2026)
2016 2026 Growth in Number Growth in %
3,12,500 3,29,900 17,400 5.57%

(Source: U.S. Bureau of Labor Statistics, 2018)



How Many Pharmacist Jobs (New + Replacement) are Being Created Annually?

Nationwide, each year there are 15,300 pharmacist job positions that require to be filled. These include new as well as replacement position for retiring pharmacists. Although there are jobs out there for you to take, the takers for the same are a lot more. A piece of advice would be, to equip yourself with all the skills and knowledge to stay ahead in the employment race. Being competitive is the way to be in the pharmacy job market.

15,300



Industries Hiring the Highest Number of Pharmacists

The role of a pharmacist expands beyond a conventional pharmacy. There are 136,620 pharmacists working in retail pharmacies, the largest in the country. The lowest number of 420 pharmacists works for pharmaceutical and medicine manufacturing. With the advent of e-pharmacies, 4,620 pharmacists work in the e-commerce industry.

Rank Industry Employment
1 Retail Pharmacies 1,36,620
2 Hospitals 74,060
3 Grocery Stores 24,180
4 Food and Beverage Stores 23,820
5 Merchant Wholesalers 6,730
6 Offices of Physicians 4,880
7 Electronic Shopping & Mail-Order Pharmacies 4,620
8 Outpatient Care Centers 4,360
9 Pharmaceutical & Medicine Manufacturing 420
Bureau of Labor Statistics, 2018



Highest Paying Industries for Pharmacists

A pharmacist is paid the highest salary of $129,880 by outpatient care centers as the job entails handling rigors of the work environment. The lowest salary comes from merchant wholesalers paying an annual age of $120,010. A small number of pharmacists that work for pharmaceutical and medicine manufacturing earn a handsome annual wage of $128,720.

Rank Industry Hourly Annual
1 Outpatient Care Centers $62.44 $129,880
2 Offices of Physicians $62.42 $129,840
3 Pharmaceutical & Medicine Manufacturing $61.88 $128,720
4 Grocery Stores $59.21 $123,160
5 Hospitals $59.15 $123,040
6 Retail Pharmacies $58.37 $121,410
7 Food and Beverage Stores $58.33 $121,320
8 Electronic Shopping & Mail-Order Pharmacies $58.18 $121,010
9 Merchant Wholesalers $57.70 $120,010
(Source: U.S. Bureau of Labor Statistics, 2018)



Salary & Employment for Various Types of Pharmacists

Pharmacist play varied roles and work in a variety of work settings. Each pharmacist position entails different kinds of challenges and work pressures. The educational requirement remains completing a Pharm. D. and passing the licensure exam for all pharmacist positions. Retail and clinical pharmacist enjoy the highest salaries, while a hospital pharmacist goes back home with the lowest pay package.

Clinical Pharmacist:

As a clinical pharmacist you will work directly with patients and require having extensive knowledge of drugs and their effects. They work usually in a medical center, hospital or clinics. A clinical pharmacist is required to be a Doctor of Pharmacy graduate holding a valid state license. Clinical pharmacists earn an annual salary of $131,739, higher than other pharmacists, but lower than the ones working in retail.

Hospital Pharmacist:

As a hospital pharmacist you will work in a hospital, interacting with patients, discussing their medications and educating them about side effects. You will advise hospital staff about newer medication options and the best delivery method they should opt. A Pharm. D. and passing the NAPLEX are the educational requirements to become a hospital pharmacist. The BLS projects that employment for pharmacists working in hospitals, physician offices and outpatient care centers will grow more quickly compared to the one working for retail settings. However, comparatively, a hospital pharmacist, earns the lowest salary of $117,633

Consultant Pharmacist:

A consultant pharmacist earns an annual salary of $129,183 and fulfills varied roles. Primarily playing a pharmacist, you are required to educate elderly patients and healthcare providers on various medical issues and treatment protocols involved with senior care. You will require completing your Pharm. D. and getting your state license. With a country of a large aging population, job prospects for a consultant pharmacist working in sub-acute care, assisted living facilities and psychiatric hospitals are certainly bright.

Nuclear Pharmacist:

As a nuclear pharmacist you will work with radioactive materials required for nuclear medicine. You must complete your Pharm. D., pass the licensure exam and take up additional training in a nuclear pharmacy certificate program. On an average nuclear pharmacist earn an annual average salary of $125,008.

Retail Pharmacist:

As a retail pharmacist, you will be working in a pharmacy, supplying prescription medication to patients. Your work setting will be a retail pharmacy and your main duties involve filling prescriptions and dispensing drugs. A Pharm. D and passing the NAPLEX are the educational requirements of being a retail pharmacist. As a retail pharmacist your annual salary will be $132,287 on an average, which is comparatively the highest.

Type of Pharmacist Average Salary
Clinical Pharmacist $131,739
Hospital Pharmacist $117,633
Consultant Pharmacist $129,183
Nuclear Pharmacist $125,008
Retail Pharmacist $132,287



Salaries at Top Retail Pharmacies in the Unites States

Retail pharmacies are the largest recruiters of pharmacists in the country. Of all the top retail pharmacies, pharmacists working for Kaiser get paid an attractive annual salary, ranging from $93,630 to $170,730. While the salary of a CVS pharmacist is in the mid-range of $75,080 to $136,910, a Walgreen pharmacist's salary is considerably higher, ranging from $78,400 to $142,970.

Employer Salary Range
Kaiser Permanente Pharmacy $93,630 - $170,730
Giant Eagle Pharmacy $85,680 - $156,240
Walgreen's Pharmacy $78,400 - $142,970
Publix Pharmacy $78,300 - $142,790
Winn-Dixie Pharmacies $78,140 - $142,490
Rite Aid Pharmacy $77,100 - $140,600
Kmart Pharmacy $76,790 - $140,030
CVS Pharmacy $75,080 - $136,910
Hy-Vee Pharmacy $74,590 - $136,010
Walmart Pharmacy $74,060 - $135,040
The Kroger Co $66,200 - $120,710
Safeway Pharmacy $60,860 - $110,980
Costco Pharmacies $59,470 - $108,440



Pharmacist State Wise Salary Figures

Pharmacist salaries greatly vary across all the states in the country. States with a higher cost of living usually pay higher salaries as compared to states where spending on utilities is lower. Alaska is one of the highest paying states with salaries ranging from $110,670 to $165,790, considering its weather conditions makes cost of utilities, on an average more expensive than anywhere in the country. Some of the other high paying states are California, Wisconsin and Vermont. Utah on the other hand, pays its pharmacist the lowest salaries, averaging at $111,110, annually, however your cost of living in the state will be comparatively much lesser.

State Hourly Wage Monthly Salary Annual Salary Salary Range
Alabama $58.67 $10,168 $122,020 $88,010 - $157,760
Alaska $66.36 $11,502 $138,020 $110,670 - $165,790
Arizona $60.08 $10,414 $124,970 $102,170 - $158,850
Arkansas $56.57 $9,806 $117,670 $83,270 - $155,070
California $65.73 $11,394 $136,730 $103,180 - $169,280
Colorado $56.9 $9,863 $118,360 $71,630 - $158,470
Connecticut $59.43 $10,301 $123,610 $94,640 - $159,420
Delaware $58.76 $10,186 $122,230 $106,320 - $152,700
District of Columbia $59.37 $10,291 $123,490 $102,060 - $157,900
Florida $57.11 $9,898 $118,780 $87,070 - $155,240
Georgia $56.58 $9,808 $117,690 $83,980 - $155,710
Hawaii $56.58 $9,807 $117,680 $96,160 - $152,990
Idaho $57.59 $9,983 $119,790 $90,790 - $155,180
Illinois $57.83 $10,023 $120,280 $86,210 - $157,820
Indiana $55.59 $9,637 $115,640 $68,030 - $154,050
Iowa $54.03 $9,366 $112,390 $82,980 - $142,840
Kansas $56.43 $9,781 $117,370 $59,510 - $157,180
Kentucky $58.64 $10,164 $121,970 $93,040 - $158,870
Louisiana $55.56 $9,630 $115,560 $73,110 - $155,790
Maine $60.42 $10,473 $125,680 $102,210 - $161,100
Maryland $57.17 $9,910 $118,920 $85,630 - $155,620
Massachusetts $56.16 $9,735 $116,820 $86,230 - $155,380
Michigan $55.36 $9,597 $115,160 $85,570 - $150,570
Minnesota $60.98 $10,570 $126,840 $81,850 - $161,930
Mississippi $58.69 $10,173 $122,080 $92,890 - $158,500
Missouri $59.43 $10,301 $123,610 $105,040 - $157,790
Montana $54.37 $9,423 $113,080 $84,640 - $147,880
Nebraska $54.67 $9,477 $113,720 $84,960 - $145,410
Nevada $60.74 $10,528 $126,330 $106,200 - $160,480
New Hampshire $61.49 $10,658 $127,900 $106,260 - $159,360
New Jersey $55.34 $9,593 $115,110 $87,560 - $148,640
New Mexico $58.98 $10,223 $122,670 $92,440 - $158,970
New York $57.9 $10,037 $120,440 $86,900 - $159,620
North Carolina $59.04 $10,234 $122,810 $93,630 - $158,910
North Dakota $55.18 $9,565 $114,780 $86,350 - $149,880
Ohio $55.27 $9,579 $114,950 $57,290 - $155,370
Oklahoma $54.9 $9,516 $114,190 $84,880 - $147,020
Oregon $60.5 $10,488 $125,850 $104,090 - $161,140
Pennsylvania $54.73 $9,486 $113,830 $65,200 - $153,620
Rhode Island $55.44 $9,610 $115,320 $69,550 - $155,820
South Carolina $59.26 $10,273 $123,270 $89,910 - $159,120
South Dakota $55.47 $9,614 $115,370 $93,140 - $140,790
Tennessee $57.56 $9,977 $119,720 $86,710 - $157,530
Texas $60.8 $10,538 $126,460 $98,360 - $161,180
Utah $53.42 $9,259 $111,110 $41,630 - $153,170
Vermont $64.47 $11,174 $134,090 $105,050 - $162,210
Virginia $60.27 $10,447 $125,360 $84,710 - $160,610
Washington $60.52 $10,491 $125,890 $101,510 - $160,560
West Virginia $56.8 $9,846 $118,150 $43,070 - $160,210
Wisconsin $62.82 $10,889 $130,670 $100,410 - $162,580
Wyoming $57.29 $9,930 $119,160 $91,600 - $153,150
(Source: U.S. Bureau of Labor Statistics, 2018)



State Wise Employment Growth & Annual Job Openings

Demand for pharmacists across the states mainly depends on factors such as population, presence of pharmacies and pharmaceutical manufacturing companies and number of pharmacy schools. Considering 2016 as our base year, the highest employment for a 10- year period is projected in Utah, followed by Arizona and Idaho. Maine is the only state that projects a negative growth rate of -1.37% through 2016 to 2026.

State Name Employment Change Annual Job Openings
2016 2026 Number Percent
Alabama 5,400 5,550 150 2.78% 250
Alaska 340 380 40 11.76% 20
Arizona 5,800 7,170 1,370 23.62% 410
Arkansas 3,590 3,910 320 8.91% 190
California 29,300 31,700 2,400 8.19% 1,530
Colorado 5,580 6,780 1,200 21.51% 420
Connecticut 2,830 2,890 60 2.12% 130
Delaware 850 870 20 2.35% 40
District of Columbia 830 890 60 7.23% 40
Florida 21,850 24,960 3,110 14.23% 1,300
Georgia 9,560 10,420 860 9.00% 510
Hawaii 1,590 1,680 90 5.66% 80
Idaho 1,560 1,830 270 17.31% 100
Illinois 14,510 14,770 260 1.79% 650
Indiana 6,350 6,620 270 4.25% 300
Iowa 3,320 3,540 220 6.63% 170
Kansas 2,970 3,090 120 4.04% 140
Kentucky 4,520 4,860 340 7.52% 230
Louisiana 4,640 4,940 300 6.47% 230
Maine 1,460 1,440 -20 -1.37% 60
Maryland 6,220 6,720 500 8.04% 320
Massachusetts 7,520 7,690 170 2.26% 340
Michigan 9,440 9,900 460 4.87% 460
Minnesota 6,280 6,640 360 5.73% 310
Mississippi 2,580 2,650 70 2.71% 120
Missouri 6,820 7,350 530 7.77% 350
Montana 1,130 1,260 130 11.50% 60
Nebraska 2,540 2,680 140 5.51% 120
Nevada 2,270 2,480 210 9.25% 120
New Hampshire 1,110 1,160 50 4.50% 50
New Jersey 9,700 9,860 160 1.65% 430
New Mexico 1,860 1,940 80 4.30% 90
New York 21,260 22,960 1,700 8.00% 1,110
North Carolina 9,730 10,590 860 8.84% 520
North Dakota 770 850 80 10.39% 40
Ohio 12,780 13,500 720 5.63% 630
Oklahoma 3,990 4,100 110 2.76% 180
Oregon 4,070 4,610 540 13.27% 240
Pennsylvania 13,560 13,850 290 2.14% 610
Puerto Rico 2,180 2,450 270 12.39% 120
Rhode Island 1,460 1,540 80 5.48% 70
South Carolina 4,850 5,230 380 7.84% 250
South Dakota 1,250 1,310 60 4.80% 60
Tennessee 7,920 8,510 590 7.45% 410
Texas 21,740 25,010 3,270 15.04% 1,320
Utah 2,640 3,270 630 23.86% 190
Vermont 500 520 20 4.00% 20
Virginia 7,090 7,570 480 6.77% 360
Washington 6,040 6,710 670 11.09% 340
West Virginia 2,190 2,300 110 5.02% 110
Wisconsin 5,640 5,730 90 1.60% 250
Wyoming 540 580 40 7.41% 30
(Source: Careeronestop.org)



Top 100 Best Paying Metros for Pharmacists In 2018

Knowing how much a pharmacist earns in other metros will help you plan your work location. Pharmacists working in Victoria and Tyler in Texas take home the highest pay packages. Conversely, Napa, CA and San Antonio-New Braunfels, TX pay some of the lowest pharmacist salaries in the country. As far as salaries are concerned, Texas comes across as a favorable career destination for a pharmacy career, added to it the fact its large population and availability of good pharmacy education only make it a conducive location to thrive in this career.

City Hourly Wage Annual Salary Salary Range
Victoria, TX $78.92 $164,150 $110,540 - N/A
Tyler, TX $77.08 $160,320 $64,260 - N/A
Santa Cruz-Watsonville, CA $74.43 $154,820 $135,660 - $191,300
Gadsden, AL $73.5 $152,880 $110,350 - N/A
McAllen-Edinburg-Mission, TX $73.13 $152,120 $123,870 - $194,380
San Jose-Sunnyvale-Santa Clara, CA $71.78 $149,300 $110,180 - $196,290
Santa Rosa, CA $71.77 $149,270 $131,720 - $180,390
Santa Maria-Santa Barbara, CA $71.66 $149,060 $117,340 - $191,220
Modesto, CA $71.26 $148,210 $116,530 - $177,410
Yuba City, CA $70.56 $146,760 $129,830 - $171,350
Brownsville-Harlingen, TX $70.28 $146,190 $122,130 - $177,870
El Centro, CA $69.97 $145,550 $125,990 - $164,550
Wichita Falls, TX $69.88 $145,340 $104,100 - N/A
Odessa, TX $69.76 $145,100 $126,880 - $166,750
Hattiesburg, MS $69.5 $144,570 $79,000 - N/A
Madison, WI $69.44 $144,440 $104,510 - N/A
St. George, UT $69.42 $144,380 $93,800 - N/A
Bakersfield, CA $69.36 $144,280 $115,420 - $166,590
Mankato-North Mankato, MN $69.22 $143,980 $118,230 - $164,220
Vallejo-Fairfield, CA $68.95 $143,410 $128,100 - $165,890
Redding, CA $68.11 $141,660 $110,370 - $180,130
Yuma, AZ $68.05 $141,540 $112,300 - $177,110
Visalia-Porterville, CA $67.79 $141,010 $110,700 - $166,540
Lake Havasu City-Kingman, AZ $67.39 $140,160 $106,830 - $166,040
El Paso, TX $67.25 $139,880 $108,170 - $163,550
Hammond, LA $67.22 $139,820 $103,550 - $195,010
Glens Falls, NY $67.13 $139,630 $108,980 - $168,320
Sacramento--Roseville--Arden-Arcade, CA $66.84 $139,030 $72,540 - $167,560
Salinas, CA $66.75 $138,830 $110,060 - $169,020
Stockton-Lodi, CA $66.69 $138,710 $107,700 - $177,670
Utica-Rome, NY $66.67 $138,670 $89,710 - $168,360
Dover-Durham, NH-ME $66.65 $138,620 $103,650 - $164,970
Racine, WI $66.63 $138,590 $112,850 - $162,610
Rochester, MN $66.59 $138,520 $114,190 - $162,350
Johnstown, PA $66.57 $138,470 $103,690 - $164,040
San Francisco-Oakland-Hayward, CA $66.24 $137,780 $105,960 - $168,480
Anchorage, AK $66.23 $137,770 $112,820 - $164,940
Virginia Beach-Norfolk-Newport News, VA-NC $66.22 $137,740 $107,530 - $163,900
Burlington-South Burlington, VT $66.2 $137,700 $105,720 - $162,440
Hickory-Lenoir-Morganton, NC $66.17 $137,630 $108,390 - $165,750
Florence-Muscle Shoals, AL $66.11 $137,500 $107,860 - $194,960
Longview, TX $66.01 $137,290 $109,800 - $168,810
Duluth, MN-WI $65.93 $137,140 $105,430 - $164,830
San Angelo, TX $65.91 $137,090 $107,840 - $161,860
Carson City, NV $65.81 $136,890 $112,760 - $162,810
Riverside-San Bernardino-Ontario, CA $65.81 $136,880 $109,350 - $167,820
Chico, CA $65.79 $136,850 $50,480 - $167,250
San Luis Obispo-Paso Robles-Arroyo Grande, CA $65.56 $136,370 $109,850 - $169,060
Brunswick, GA $65.23 $135,670 $110,850 - $163,390
Hanford-Corcoran, CA $65.14 $135,480 $112,820 - $162,950
Myrtle Beach-Conway-North Myrtle Beach, SC-NC $64.95 $135,090 $108,660 - $160,620
Anniston-Oxford-Jacksonville, AL $64.84 $134,860 $111,180 - $163,880
Los Angeles-Long Beach-Anaheim, CA $64.83 $134,840 $103,400 - $169,150
Fond du Lac, WI $64.82 $134,830 $111,520 - $161,490
Springfield, MO $64.78 $134,730 $110,620 - $162,800
Flagstaff, AZ $64.71 $134,600 $110,790 - $161,940
Fairbanks, AK $64.64 $134,460 $106,570 - $163,570
Las Cruces, NM $64.59 $134,340 $107,070 - $165,580
Merced, CA $64.53 $134,210 $74,090 - $169,840
St. Joseph, MO-KS $64.47 $134,100 $110,870 - $159,680
Kingston, NY $64.41 $133,960 $107,980 - $176,970
Midland, TX $64.4 $133,960 $110,450 - $161,860
Longview, WA $64.29 $133,730 $107,660 - $163,950
Corpus Christi, TX $64.28 $133,700 $90,350 - $171,850
Madera, CA $64.27 $133,680 $93,980 - $163,120
Bridgeport-Stamford-Norwalk, CT $64.19 $133,510 $107,040 - $163,790
Laredo, TX $64.13 $133,400 $60,570 - $180,890
Sierra Vista-Douglas, AZ $64.13 $133,390 $106,400 - $165,300
Greenville, NC $64.12 $133,360 $107,410 - $166,010
Rocky Mount, NC $64.08 $133,280 $100,150 - $162,690
Beaumont-Port Arthur, TX $64.04 $133,200 $109,700 - $160,440
Ocean City, NJ $63.99 $133,090 $106,440 - $159,550
Deltona-Daytona Beach-Ormond Beach, FL $63.97 $133,050 $83,720 - N/A
Appleton, WI $63.53 $132,140 $104,510 - $161,790
Fresno, CA $63.36 $131,790 $57,770 - $189,290
Oshkosh-Neenah, WI $63.3 $131,660 $107,610 - $161,040
Springfield, IL $63.1 $131,240 $109,710 - $160,650
Sherman-Denison, TX $63.04 $131,110 $108,370 - $159,200
Blacksburg-Christiansburg-Radford, VA $62.89 $130,820 $107,320 - $161,340
Danbury, CT $62.69 $130,390 $108,270 - $159,920
Pittsfield, MA $62.57 $130,140 $104,000 - $161,830
Olympia-Tumwater, WA $62.48 $129,970 $103,740 - $172,470
Morristown, TN $62.47 $129,930 $99,490 - $161,230
Eugene, OR $62.46 $129,920 $107,970 - $160,670
Lake Charles, LA $62.34 $129,660 $96,190 - $161,700
Burlington, NC $62.27 $129,510 $105,940 - $161,690
Milwaukee-Waukesha-West Allis, WI $62.24 $129,470 $93,560 - $162,890
East Stroudsburg, PA $62.23 $129,440 $109,260 - $161,050
Lynchburg, VA $62.23 $129,440 $105,170 - $164,020
Palm Bay-Melbourne-Titusville, FL $62.23 $129,430 $105,520 - $158,970
Prescott, AZ $62.22 $129,410 $107,480 - $159,130
Syracuse, NY $62.19 $129,350 $107,410 - $162,760
Bangor, ME $62.17 $129,320 $108,510 - $161,280
Yakima, WA $62.16 $129,300 $45,180 - $164,640
Sheboygan, WI $62.11 $129,190 $106,800 - $158,500
Napa, CA $62.07 $129,100 $70,750 - $164,570
San Antonio-New Braunfels, TX $62.02 $128,990 $73,280 - $164,540
Portsmouth, NH-ME $61.99 $128,950 $89,170 - $163,070
Leominster-Gardner, MA $61.94 $128,830 $109,750 - $158,450
Carbondale-Marion, IL $61.8 $128,550 $96,790 - $166,320
(Source: U.S. Bureau of Labor Statistics, 2018)



Pharmacist VS Other Healthcare Occupations

Well, considering the increasing growth of the healthcare sector, healthcare professionals have a steady demand in the job market. With an annual average salary of $121,710, a pharmacist is certainly a great start for fresh graduates to directly start with a 6 figure pay check soon after graduation. However, over the course of this career, the salary does not provide much growth as compared to that of a dentist or a nurse practitioner. The employment growth rate for a period through 2016 to 2026 is 5.57%, which is lower than other health careers. The expansion of pharmacy programs has greatly impacted the job market for pharmacists tilting the scale towards supply and somewhat creating a surplus.

Occupation Annual Salary 2017 Employment Employment Change Annual Job Openings
(2016-26)
2016 2026 Number %
Anesthesiologist $265,990 33,000 38,100 5,100 15.45 1,400
Chiropractor $83,350 47,400 53,300 5,900 12.45 1,800
Dentist $180,010 132,800 158,500 25,700 19.35 6,400
Nurse Practitioner $107,480 155,500 211,600 56,100 36.08 14,400
Nutritionist $60,150 68,000 77,900 9,900 14.56 5,400
Occupational Therapist $84,640 130,400 161,400 31,000 23.77 10,200
Optometrist $119,100 40,200 47,400 7,200 17.91 2,000
Orthodontist $229,380 6,600 7,800 1,300 18.18 300
Pharmacist $121,710 312,500 329,900 17,400 5.57% 15,300
Pharmacy Technician $33,060 402,500 450,100 47,600 11.83 37,500
Physical Therapist $88,080 239,800 306,900 67,100 27.98 17,700
Physician Assistant $104,760 106,200 145,900 39,600 37.38 10,600
Registered Nurse $73,550 2,955,200 3,393,200 438,100 14.82 203,700
Veterinarian $101,530 79,600 94,600 15,000 18.84 4,500
(Source: U.S. Bureau of Labor Statistics, 2018)



Conclusion

So, is it worth your time and money to become a pharmacist? Well, the answer to this question simply depends on your career aspirations and expectations out of this career. A pharmacy career requires six to eight years of education. This requires a lot of your investment in terms of time and money. Moreover, studying pharmacy is no cakewalk. It requires commitment and dedication to succeed. However, the job prospects for pharmacists are not exactly great. With a surplus of pharmacists entering the job market each year and demand rather remaining constant, it could most likely get difficult to maintain the supply and demand equilibrium. Moreover, pharmacist salary, although starting at a promising 6 figure pay check does not see much growth over the course of the career. To sum it up, pharmacist career outlook varies by industry. Pharmacist working for non-retail settings such as hospitals, physician offices will witness better job growth as compared to retail pharmacists. Pursue this career if helping patients towards wellness can give you job fulfillment, while you earn a six-figure salary and do not mind limited professional growth.



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