Pharmacist Salary & Job Outlook 2022 update : Current School News

Pharmacist Salary & Job Outlook 2022 update

Filed in Articles, Salary Structure by on April 4, 2022

 – Pharmacist Salary –

Pharmacist salary in the United States has no fixed structure. Salary ranges can change widely depending on numerous factors such as education, certifications, additional skills, specialization, and years of experience.

pharmacy salary

However, the average pay of a pharmacist in the United States is $142,398 as of February 25, 2022, but the range typically falls between $134,168 and $151,672.

With more online, real-time compensation data than any other website, currentschoolnews.com helps you determine your exact pay target as a pharmacist.

For clarity’s sake, we are going to analyze pharmacist salary based on areas of speciality, and region/state. Thus, we shall have this analysis in two folds.

Pharmacist Salary Based on Areas of Specialisation

Here is a salary analysis based on a pharmacist’s areas of specialisation. Two pharmacists of equal rank may fall under different salary range

1. Pharmacist technician salary

2. Clinical pharmacist salary

3. Nuclear Pharmacist Salary

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Pharmacist Technician Salary

The average salary for a pharmacy technician is $16.35 per hour in the United States. 32k salaries reported, updated on March 5, 2022.

Clinical Pharmacist Salary

The estimated total pay for a Clinical Pharmacist is $144,382 per year in the United States.

This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

The estimated base pay is $127,870 per year. The estimated additional pay is $16,512 per year.

Additional pay could include cash bonuses, commissions, tips, and profit-sharing.

The “Most Likely Range” represents values that exist within the 25th and 75th percentile of all pay data available for this role.

Nuclear Pharmacist Salary

The average pay for a Nuclear Pharmacist is $133,956 a year and $64 an hour in the United States. The average salary range for a Nuclear Pharmacist is between $92,122 and $171,027.

On average, a Master’s Degree is the highest level of education for a Nuclear Pharmacist.

This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

Pharmacist Salary Based on Regions

In this section, we shall consider the salary statistics of pharmacists in states like California, Texas, New York, CVS, and Florida.

Pharmacist Salary in California

Pharmacists in California are paid some of the highest salaries in the nation, earning a six-figure income annually.

While they paid the highest salaries in Madera, the lowest is in Visalia-Porterville. There are 33,300 pharmacists working in CA.

However, their employment prospects are projected to grow at 6.01% from 2018 to 2028.

On average, a pharmacist’s salary in California is $146,070.

Average Salary of Pharmacist in California

Working in CA as a pharmacist will certainly fetch you a higher salary of $146,070 as compared to the national average.

Nonetheless, the higher cost of living in Californian cities notwithstanding, the high pay package in the state is warranted.

Pharmacists looking for part-time jobs can expect to earn an hourly salary of $70.23.

Pharmacist Salary in Texas

The average annual salary of a pharmacist is higher compared to any of the healthcare professions.

According to BLS, on average, a pharmacist earns a six-figure paycheck of $125,470 in the state of Texas.

Texas being one of the most populous states in the nation, the rising demand for healthcare further creates employment opportunities in the pharmaceutical industry for pharmacists and pharmacy technicians, alike.

In Texas, you can start with a starting salary of $83,160 and go up to $163,230 with an experience of 20 years. While retail pharmacies are the highest payers, working in Laredo can fetch you the highest salary in the state at $147,810.

Also, they projected the employment growth rate in Texas at 10% from 2018 to 2028, which is higher than the national rate by 10%.

The following information will give a detailed insight into the salary of a pharmacist in Texas.

Average Salary of Pharmacist in Texas

In Texas, the average annual salary of a pharmacist is $125,470. If you take up a part-time job, your hourly wage will be $60.32.

Texas pays 0.01% higher than the national average salary, be it annually or hourly.

Pharmacist Salary in New York

On average, a pharmacist in New York earns $121,150, per annum, which is 3.44% lesser than the national average.

Being one of the most populous states 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 $75,930 to $163,290, with the highest salaries coming from Outpatient Care Centers.

New York City employs the highest number of pharmacists; however, Elmira 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 average, a pharmacist in NY earns an average annual salary of $121,150, which is marginally lower than the national average. Pharmacists who work part-time in the state earn an hourly wage of $58.25.

Pharmacist Salary CVS

As of Mar 1, 2022, the average annual pay for a CVS Pharmacist in the United States is $95,335 a year.

Just in case you need a simple salary calculator, that works out to be approximately $45.83 an hour. This is the equivalent of $1,833/week or $7,945/month.

Pharmacist salary Florida

A pharmacist anywhere in the country earns higher than any other health career and Florida is no different.

Pharmacists are in demand in the ever-expanding pharmaceutical sector in Florida and they command a six-figure paycheck with an annual average salary of $121,310, which is slightly lower than the national average.

Working in Miami-Fort Lauderdale-West Palm Beach will fetch you the highest salaries in the state at an annual package of $121,860.

Besides, Florida has a promising employment growth rate for pharmacists at 2.21%, which is 5% higher than the national employment growth rate.

Average Salary of Pharmacist in Florida

A pharmacist in Florida earns an annual average wage of $121,310, which is 3.31% lower than the national annual wage.

If part-time jobs are what you are looking at, you can expect to earn an average hourly pay of $58.32.

Pharmacist Salary in Alabama

If you aspire to become a pharmacist and want to work in the state of Alabama, then consider some basic facts about the Pharmacist Salary in Alabama before you make an end decision.

 At first, AL pharmacists earn an average annual income of $124,170, which can vary from $91,440 to $160,360 based on the working experience of a pharmacist.

 Secondly, your working city in Alabama can determine your annual income. Mobile, Huntsville, and Anniston-Oxford-Jacksonville.

Therefore, they pay the highest salaries to pharmacists. whereas Auburn-Opelika pays the lowest, marking a huge difference of over $35,000 per annum.

 Currently, the annual income of AL pharmacists is on par with the national average.

 Average Salary of Pharmacist in Alabama

Working as a pharmacist in Alabama, your average annual salary would be $124,170. Also, if you want to work less than the standard time, then you can make an average hourly remuneration of $59.70.

 The salary of pharmacists in Alabama is 1.03% less than the national average.

Pharmacist Salary in Arizona

Pharmacists’ salary is essentially based on their work experience, proficiency, industry, and job location. On average, an Arizona pharmacist’s salary is $122,310 per annum.

In the last five years, pharmacist salaries in AZ grew at a rate of 2.27% and employment at a rate of 36.33%.

However, in the next 10 years, Arizona will have an employment growth of 18.03% adding 200 pharmacists every year, as per BLS reports.

Also, in Arizona, Phoenix-Mesa-Scottsdale has the highest employment rate, Flagstaff pays the best salary to entry-level pharmacists, and Yuma pays the best annual salary to experienced pharmacists.

Tucson employs the second largest number of pharmacists but pays the lowest annual salary.

Average Salary of Pharmacist in Arizona

Arizona pharmacists across the state earn an average of $122,310 per year.

 Arizona pays a higher salary than the national average owing to the increased demand for pharmacists in the state.

Part-time pharmacists in AZ make $58.80 per hour. Monetarily, Arizona is a favourable working place for pharmacists.

Pharmacist Salary in Georgia

In the Peach State, Georgia, pharmacists earn an average salary of $118,900 per year – ranging from $60,570 to $161,190, depending on your working experience.

Primarily, the salary is based upon the qualification of the aspiring pharmacist; however, the working industry and location in GA can also be taken into consideration.

Outpatient Care Centers in GA pay approximately $23,000 more per annum than what Retail Pharmacies pay their pharmacy technicians.

Besides this, Georgian cities like Brunswick, Dalton, and Columbus can pay up to $25,000 more than that Macon, Rome, or Hinesville.

Statistics show Georgia will open around 630 jobs annually for aspiring pharmacists.

Average Salary of Pharmacists in Georgia

The salary of pharmacists in Georgia grew by 1.82% in the last five years. Currently, the average annual salary is $118,900 for full-time pharmacists and $57.16 per hour for part-timers.

Pharmacist Salary in Illinois

There are various factors on which the annual salary of a pharmacist in Illinois may depend – such as your qualification, experience, job location, industry, and the size of the company.

The average salary for a pharmacist in Illinois is $125,640, an entry-level pharmacist earns $92,680 and a 20+ year experienced pharmacist makes $162,360 per annum.

Illinois offers wonderful job opportunities in – Chicago, Bloomington, Carbondale-Marion, Springfield, and Rockford.

Retail Pharmacies and hospitals employ the largest number of Pharmacists whereas Grocery Stores and Outpatient Care Centers also hire Pharmacists with an average annual salary of $124,300 and $147,340 respectively.

With an employment growth of 1.86% from 2015 to 2019, you can successfully establish your career as a pharmacist in Illinois.

Average Salary of Pharmacist in Illinois

If you work as a pharmacist in Illinois, you can make a median annual salary of $125,640, which is marginally 0.02% lower than the national annual average.

Being a state with unique prospects, the average annual salary of Pharmacists in Illinois may vary depending upon the location and the industry where you are employed.

For a part-time Pharmacists job, the average hourly wage will be $60.40.

Pharmacist Salary in Michigan

On average, a pharmacist’s salary in Michigan is $119,820 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 4.50% lesser than the national average.

Of course, experience and expertise will relatively influence your salary, which can range from $61,160 to $158,900.

In terms of employment, there is not much growth projected, with just 350 pharmacist positions projected to be created over 10 years, from 2018 to 2028.

Detroit, Warren, and Dearborn are the most favourable places to work in MI, as they pay the highest salaries and hire the largest number of pharmacists.

Average Salary of Pharmacists in Michigan

A pharmacist in MI earns an average annual salary of $119,820, which is 4.50% lower than the national average.

These days, many pharmacies prefer hiring part-time pharmacists to cut costs and pay them an hourly wage of $57.61.

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Frequently Asked Questions about Pharmacist Salary

We have listed some questions here and provided you with answers as well.

Ques: How do become a pharmacist and what is their Average Salary?

To become a pharmacist in the United States, graduate from an accredited college of pharmacy.
 
You can expect to take two years of rigorous science courses before applying to the actual pharmacy program.
 
Once accepted into a pharmacy school, you will take an additional four years of challenging science and clinical courses.
 
Many pharmacists, once having graduated, train in a one to a two-year residency program for specialization.
 
So, in a nutshell, expect a six-year, academically rigorous undergraduate program followed by an optional residency.

Ques: What is a Pharmacist’s Salary?

An early career pharmacist with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of ₦1,167,478 based on 45 salaries.
 
A mid-career pharmacist with 5-9 years of experience earns an average total compensation of ₦1,800,000 based on 12 salaries.

Ques: How much does a pharmacist make in the US?

A person working as a pharmacist in the United States typically earns around 128,000 USD per year.
 
Salaries range from 64,100 USD (lowest) to 199,000 USD (highest).
 
This is the average yearly salary, including housing, transport, and other benefits. Pharmacist salaries vary drastically based on experience, skills, gender, or location.

Ques: How can I know if I am being paid fairly as a pharmacist?

If you’re not sure what they should pay a pharmacist, use Indeed’s Salary Calculator to get a free, tailored pay range based on your region, industry, and experience.

More Question and Answers about Pharmacist Salary

Ques: What is the job outlook for pharmacists?

 According to the Bureau of Labor Statistics in the United States. Pharmacists’ job prospects are expected to stay constant.
 
As a result, they expected demand for pharmacists to increase in healthcare settings, such as hospitals and clinics, from 2018 to 2028.

Ques: What does a pharmacist do?

Pharmacists deliver prescription and over-the-counter medications and provide information to patients about their use and side effects. 
 
They also assist in resolving medical questions from patients.

Ques: What skills are required to be a pharmacist?

Pharmacists should have excellent managerial, detail-oriented, and communication abilities. 

Ques: What kind of education is required to be a pharmacist?

State-by-state standards vary, however, pharmacists are generally assumed to have earned a:
 
1. High school diploma or GED
 
2. Two-year undergraduate degree
 
3. Four-year accredited pharmacy school program
 
4. Doctor of Pharmacy degree (Pharm. D.)
 
5. State license to practise

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CSN Team.

 

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