The 10 States With The Highest Pharmacist Salaries For 2019. Trending Now: Cities With the Most Female Entrepreneurs. We’ll continue to monitor the evolution of pharmacist salary and update you as new information becomes available. Salary.com reports that as of October 31, 2018, the average pharmacist salary in the U.S. was $129,718, with a range between $121,998 and $138,520. The truth of the pharmacy industry is that demand varies based upon pharmacy setting, geographic region, experience, skill set, and a variety of other factors. The truth of the pharmacy industry is that demand varies based upon pharmacy setting, geographic region, experience, skill set, and a variety of other factors. I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. Salaries at non-retail settings grew more quickly than their retail counterparts. Although employment isn’t growing, it also isn’t falling, which is great because the average pharmacist salary in the United States is quite high. The shift in pharmacy continues as the number of pharmacists in various formats shifts to meet the changing demand. Here’s a breakdown of the top-10 states in which pharmacists earn the most: It’s interesting that most of the top-10 best states for pharmacist salaries are geographically northern states, whether West or East. Certain experts continue to point to an aging Baby Boomer population, an increase in chronic disease, and the increasing demand for medications as drivers of the perceived shortage of pharmacists. Pharmacists made a median salary of $126,120 in 2018. I cover real estate, economics and cost of living. It appears that 2018 brought some much-needed good news to pharmacists. Just seven months earlier, in April 2018, the site reported an average salary of $111,000 with a  salary range of $83,726 to $136,212, representing a growth of about .5%. Additionally, the PDI predicts that growth in hospitals, non-retail settings, and physician’s offices will outpace mail and retail pharmacy. It appears that 2018 brought some much-needed good news to pharmacists. An early career Pharmacist with 1-4 years of experience earns an average total compensation of $56.03 based on 2,223 salaries. All Rights Reserved, This is a BETA experience. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Helping Pharmacists Create Inspiring Work and Lives. The BLS also reported that the expected growth rate for jobs in pharmacy is 6%, just under the average of 7% for all other jobs. Pharmacy is not unique in that salary is perhaps the most important consideration for those working in the profession. You’ve likely noticed that the average pharmacist salary varies according to the source, but we hope this information will provide tools for you as you negotiate salaries and contemplate new opportunities. The outlet also reported that the number of hospital pharmacists increased and that those pharmacists saw higher salaries and greater salary increases than their counterparts in outpatient dispensing formats. Overall, Pharmacy Week reports that salaries increased overall, but that retail positions appear to trail other positions. They must also be licensed, which requires passing two exams. Go ahead and sign up to download the guide below. © 2020 Forbes Media LLC. More good news! Employment of pharmacists is projected to decline 3 percent from 2019 to 2029. Pharmacy is. Pharmacy Week reported that all key pharmacy jobs saw an increase in turnover in 2018, with the highest turnover among Pharmacy Team Managers. Another source, salary.com, the average Pharmacist salary in the United States is $132,513 as of March 28, 2019, but the range typically falls between $124,861 and $141,134. For example, Iowa is the fifth lowest-paying state, but pharmacist salaries have increased by 13.5% from 2013 to 2018, which is far above average. The average Pharmacist salary in Tennessee is $124,850 as of October 28, 2020, but the range typically falls between $117,639 and $132,980. ranks number 1 out of 50 states nationwide for Entry Level Pharmacist salaries. As more new pharmacists graduate from school and enter the workforce, the trend will likely continue. Pharmacy Week also generates a list each of year of pharmacist salaries by state. , with a range between $121,998 and $138,520. I’ve discovered in my research that it’s difficult to prove the existence of a pharmacist shortage because we tend to rely on symptoms to make our case rather than actual facts and figures. My work has appeared on MSN, Yahoo Finance, Fortune, CNBC, CBS, U.S. News and more. Some of these states have seen large increases in pharmacist’s salaries over the last five years. The average Pharmacist salary in the United States is $137,424 as of October 28, 2020, but the range typically falls between $129,487 and $146,373.Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Retail pharmacy, hospital education, oncology, and long-term care were among the most prevalent skill sets for pharmacists. The median annual wage for pharmacists was $128,090 in May 2019. Below you’ll find the average annual wage for pharmacists in all 50 states, plus the District of Columbia, from 2013 to 2018. Most notable in the report was the first-ever decrease in base salary for retail pharmacists compared to 2017. The 10 States With The Highest Pharmacist Salaries For 2019. Pharmacy Week joins forces with Mercer each year to create up-to-date salary information for pharmacists and other support staff. We’ve identified nine states where the typical salary for a Pharmacist job is above the … According to the Bureau of Labor Statistics’ Occupational Outlook Handbook, employment as pharmacists is forecasted to change little, with only 100 pharmacist jobs being lost from 2018 to 2028. Over the same time span, hospitals’ share of employment climbed from 23.2% in 2010 to 25.4% in 2017. No need to bookmark this salary guide. Job Outlook. 17, 2019. 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