Starting Salary for a Pharmacist
It’s no secret that pharmacists are well-paid. According to the Bureau of Labor, the median salary for a pharmacist in 2015 was $121,500 or about $53.46 per hour.
On the lower end (bottom 10%), pharmacists make about $86,750 per year. On the higher end (top 10%), pharmacists earn more than $154,620 annually.
The medium wage for pharmacists in top industries are as follows:
- Department stores $125,500
- Grocery stores $121,630
- Pharmacies and drug stores $121,310
- General medical and surgical hospitals; private $121,050
National chains that hire pharmacists include:
- Rite Aid
Pharmacies and drug stores 42%
General medical and surgical hospitals; private 19%
Grocery stores 8%
Department stores 4%
If you examine Indeed.com statistics, $117,000 is the average salary for a pharmacist job posted in 2016 on their website. That’s 88% higher than all job postings nationwide.
As of 2016, there are 275,000 pharmacists employed in the United States. That number is expected to grow by 25% over the current decade, meaning around 70,000 new employment opportunities will be created in this field.