|Pharmacist Salary – General Market Overview
The average annual pharmacist salary in the United States is $108,213. The curve of the middle compensation (above 25%, below 75%) of pharmacists earned between $98,954 and $116,202. The lowest paid pharmacist (<15%) earned a salary of less than $88,119, and the highest 15% earned more than $132,771 annually.
The highest pharmacist salary by job function from 2006 to 2012 was typically employed by pharmaceutical companies in research roles, usually with a PhD as well as a pharmacist degree. In a few cases, pharmacist salaries were in excess of $200,000 at senior levels. Additionally, a pharmacist in a teaching position (Associate Professor, Professor) was earning a salary between $100,900 and $164,500.
Pharmacist Salary by Setting
According to our many accurate sources, including the U.S. Bureau of Labor, pharmacist salary by practice setting and venue varies significantly. A pharmacist employed by a 'big box' retailer will typically earn $4000 more than the same licensed pharmacist in a grocery chain – who will out-earn their counterparts employed in pharmacies and 'drug stores' by $2000. A specialized pharmacist employed in a hospital setting is the lowest paid, on average, with an income below $100,000 to start. This changes dramatically with 10+ years of hospital experience, in most cases, moving them above the retail level by several thousand dollars. In some cases, large medical centers must pay a premium to attract a pharmacist, due to the heavy workload – particularly with evening and night shifts, and the requirement to supervise 1 to 5 pharmacy technicians.
A pharmacist usually has various benefits included in their employment package, above and beyond raw salary. Typically, the base salary of a pharmacist averages from 70 to 79 percent. Earnings from benefits can increase gross pay by 20 to 30 percent. We do not calculate benefits, because of the huge variables from company to company, but expect these numbers to be typical.
Other Determining Pharmacist Salary Factors
Experience is key. A new grad nationwide will earn on the low end $70,000 to a high of $97,000. This is also impacted by pharmacist salary by geographical location and cost of living. An experienced pharmacist (15+ years since graduation) can earn up to $130,000. Our experience shows that male and female pharmacists will earn the same amount in chains (adjusted for location).
While it is straightforward to quantify what a pharmacist can earn directly (their paycheck), pharmacist salary by practice specialization can have a very calculable impact – while determining benefits is difficult. In some retail (non-chain) settings, a pharmacist can 'cut their own deal'. In retail chains, this is not possible due to structured policies. Determining pharmacist salary has become easier with numerous sources available to compare, however, it is essential to review the entire package: cost of living within a reasonable distance of employment, workload versus compensation, expected or mandatory overtime, shift availability, employer reputation, availability of additional training (investing in yourself) and ultimately, the venue.
Because our pharmacist salary data is updated so frequently, it is likely the most accurate snapshot you can get (and the reason it is used by so many other pharmacist sites offering compensation data). But raw pharmacist salary never accounts for the big picture... it is only one important variable.
Carefully evaluate the entire offer (or your current working environment) when using this pharmacist salary source, and make a considered opinion to take action only after using numerous sources, especially from other pharmacists who can provide information that salary numbers never fully reveal.
See What You're Worth...
The Rx Salary Calculator enables a pharmacist to survey and stay up-to-date with the latest pharmacist salary information - delineated by education, experience, function, practice setting, specialization and location. Retailers, hospitals, health systems and pharmaceutical companies nationwide use our pharmacist salary data to determine competitive pharmacist salaries for their pharmacy professionals.
Pharmacist salary information is compiled and reported using the latest available pharmacist salary data, and calculates a salary result from over 140,000 unique salary records. Many categories of the pharmacist salary database are updated daily.
Pharmacist salaries are tracked for over 400 cities and locations throughout the United States. The RxSalary Calculator provides a base salary (annual salary less benefits), and allows the pharmacist and pharmacy managers to survey pharmacist salaries for specific disciplines by specific level of experience and education. Pharmacist salary data changes frequently. Many pharmacist salary categories are updated daily, so bookmark us and check back frequently.
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TheRxSalary Calculator is unique to the internet... and is designed exclusively for a pharmacist. Retailers, hospitals, health systems, MCOs and pharmaceutical manufacturers nationwide use our expanded data to determine competitive compensation. Because our pharmacist salary data is extracted directly from employers (rather than anonymous surveys), hundreds of employers feel that it is the most accurate source available nationally.
Pharmacist salary information is compiled and reported using the latest available pharmacist salary data derived from pharmacist employers throughout the United States, and calculates a pharmacist salary result from over 140,000 unique salary records. Many categories of the pharmacist salary database are updated daily.
Pharmacist salaries are tracked for over 400 U.S. cities and locations. The RxSalary calculator provides a base salary (annual salary less benefits), and allows the pharmacist and pharmacy managers to survey pharmacist salaries for specific disciplines by specific level of experience and education. Pharmacist salary data changes frequently, as new records are added and updated. This pharmacist salary survey enables pharmacy professionals to compare their salary with matching profiles of other pharmacy professionals, and can be used to perform a comprehensive pharmacist salary survey in different disciplines or locations. The Pharmacist Salary Calculator is always changing, an offers users a current salary survey of pharmacist salaries.
RxSalary.com published pharmacist salaries represent the latest pharmacist salary information derived from American based pharmaceutical companies that employee pharmacists, scientists and pharmacy managers. The nation's leading and most trusted source of pharmacist salary data for Pharmacists, Pharmacy Managers and Pharmacy Researchers. RxSalary.com provides accurate salary survey data for multiple pharmacist disciplines.
Pharmacist salary data is tracked across the United States, for all states including: AL Alabama AK Alaska AZ Arizona AR Arkansas CA California CO Colorado CT Connecticut DE Delaware DC District of Columbia FL Florida GA Georgia HI Hawaii ID Idaho IL Illinois IN Indiana IA Iowa KS Kansas KY Kentucky LA Louisiana ME Maine MD Maryland MA Massachusetts MI Michigan MN Minnesota MS Mississippi MO Missouri MT Montana NE Nebraska NV Nevada NH New Hampshire NJ New Jersey NM New Mexico NY New York NC North Carolina ND North Dakota OH Ohio OK Oklahoma OR Oregon PA Pennsylvania RI Rhode Island SC South Carolina SD South Dakota TN Tennessee TX Texas UT Utah VT Vermont VA Virginia WA Washington WV West Virginia WI Wisconsin WY Wyoming. Some pharmacist compensation data for sparsely populated states may be derived from neighboring states or regions.
Pharmacist salary tracking includes responsibilities, titles, positions or classifications including: Pharmacist, Pharmacy Manager, Pharmacy Director, Staff Pharmacist, Clinical Pharmacist, Principal Researcher, Researcher, Senior Scientist, Scientist, Project Manager and Pharmacy Professor. Pharmacist salaries outside of the U.S. are not tracked. RxSalary Calculator is the definitive source for accurate pharmacist salary information, and provides the most comprehensive range of options to accurately determine competitive pharmacist salaries using specific criteria.