The USA provides a good market for the healthcare industry. The country has an aging population and the need for medication management is increasing leading to demand for pharmacist professionals. The country does not only have a high demand for pharmacists but also provides them with good growth opportunities and hefty pay. More importantly, the job comes with job security and is recession-proof. Through this blog, let’s read in detail about the salary of a pharmacist in the USA.
This Blog Includes:
- Average Pharmacist Salary In USA
- Average Pharmacist Salary In USA Based On Experience Level
- Average Pharmacist Salary In USA Based On Gender
- Average Pharmacist Salary In USA Based On Sector
- Average Pharmacist Salary In USA Based On Education Level
- Pay Raise And Bonus On Pharmacist Salary In USA
- Pharmacist Salary In USA Compared In Different Cities
- Pharmacist Salary In USA Compared To Other Professions
- FAQs
Average Pharmacist Salary In USA
The average salary of a pharmacist in USA is 127,600 USD. The averages based on monthly, along with the highest and lowest salaries are given below:
Average annual salary | 127,600 USD |
Highest annual salary | 199,700 USD |
Lowest annual salary | 63,800 USD |
Average monthly salary | 16,641 USD |
Highest annual salary | 10,633 USD |
Lowest monthly salary | 5,316 USD |
The salary can vary from the average, as the salary is decided based on several factors such as experience level, education, gender, etc.
Also Read: Healthcare management courses
Average Pharmacist Salary In USA Based On Experience Level
The years of experience have a very major effect on the salary. Employees with high experience are expected to earn higher salaries considering their expertise, skills, and knowledge. In the job of a Pharmacist, only 2 years of experience can fetch you 32% of a higher salary.
Average Pharmacist Salary In USA Based On Gender
The difference in the pharmacist’s salary persists based on gender in many countries. Though the role of men and women has been tried to be made equal through various efforts in terms of salary, work hours, etc there are still some minor differences yet to be removed.
The average pay of a female in the pharmacist role is 5% less than that of a male.
Male | 130,500 USD |
Female | 123,800 USD |
Average Pharmacist Salary In USA Based On Sector
The private and public sectors have differences in pay to the employees. In the role of pharmacist, the private sector is likely to pay around 6% of lesser salary when compared to the public sector.
Public sector | 98,800 USD |
Private sector | 93,100 USD |
Average Pharmacist Salary In USA Based On Education Level
The level of education plays a very important role in the determination of salary levels. A higher level of education earns you a higher amount of salary in all fields. In the job role of a pharmacist, master’s degree employees earn approximately 58% of a higher salary compared to the employees with a bachelor’s degree.
Pay Raise And Bonus On Pharmacist Salary In USA
The bonus percentage seen in the industry ranges between 3% to 6%. It is a moderate bonus-based job and around 57% of the total employees reported receiving a bonus in 12 months.
The increment or the increase in pay in this job is more compared to other jobs in the same industry. The pay raise is calculated to be around 8%. This means the employees are expected to get an increment on their salary of 8% every 12 months. However, the pay raise depends on the performance of the employee and can vary based on employee and employer.
Pharmacist Salary In USA Compared In Different Cities
The average salary also differs based on different cities, to get a clear comparison some of the salaries and cities are mentioned below:
City | Salary |
Austin | 134,700 USD |
Boston | 130,500 USD |
Chicago | 140,200 USD |
Cleveland | 109,000 USD |
Denver | 123,000 USD |
Dallas | 139,100 USD |
Cincinnati | 102,700 USD |
Bristol | 103,600 USD |
Baltimore | 125,400 USD |
Atlanta | 118,900 USD |
New York | 146,700 USD |
Los Angeles | 151,800 USD |
Pharmacist Salary In USA Compared To Other Professions
Through the help of the following table, a better comparison can be made of the salary of a pharmacist to that of other professions in the healthcare industry.
Profession | Salary |
Pharmaceutical manager | 218,700 USD |
Pharmaceutical research scientist | 182,400 USD |
Pharmaceutical sales manager | 172,300 USD |
Pharmaceutical team leader | 130,400 USD |
Pharmaceutical technologist | 96,400 USD |
Pharmacy manager | 168,700 USD |
Pharmacy stock controller | 73,200 USD |
Staff pharmacist | 125,400 USD |
Pharmaceutical project manager | 127,600 USD |
Pharmaceutical quality auditor | 139,100 USD |
Also Read: Study B Pharma in USA
FAQs
The pharmacists are in high demand in the USA considering the aging population of the country. There is always a gradual need for medication management in the country, opening up several jobs for pharmacists.
The job provides stability and job security to the employees. There is immense growth in the industry and the career is highly reputed. The average pay is also comparatively very good when compared to similar jobs in the same profession.
Yes, the public sector and private sector have differences in average salary. The public sector has around 6% higher pay compared to the private sector for the job of a pharmacist.
Relevant Reads
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