Pharmacists Salary 2017: How Much Money Do They Make

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hourly pay for Pharmacists
do Pharmacists make a lot of money

Pharmacists

Other names for this job might include Apothecary, Clinical Pharmacist, Doctor of Pharmacy, Druggist, Hospital Pharmacist, Industrial Pharmacist, Outpatient Pharmacy Manager, Pharmacist, Pharmacist Apprentice, Pharmacist in Charge (PIC)


  • $120270
    Salary
  • 77%
    Job satisfaction
  • Hard
    Becoming one
  • High
    Job growth
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A+



How Much Successful Pharmacists Make In 2017


In this salary guide, you will find out how much do Pharmacists make.

After reading this, you will be able to make a decision if working as a Pharmacist will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).



Average salary

Annual salary
$120270 per year

Hourly wage
$57.820 per hour


1 of the most popular questions we get from our readers here at OwlGuru is how much do Pharmacists make per year and what is their hourly wage.

According to BLS, the average annual salary of Pharmacists is $120270. Their salary can also be as low as $87120 if you’re still a newbie with no experience to over $157950 if you have a ton of experience under your belt.

The typical hourly pay is $57.820 and can range from $41.880 to $75.940 which also depends if you’re a newbie or a professional.

Just like any other job, the salary of A Pharmacist will vary based on your education and experience level.

# = Over $100 per hour or $200,000 per year.
Salary rank
A

We wanted to make it easy for our readers to compare the salary of A Pharmacist to all the other careers out there. So we created Salary Rank.

This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.

After comparing how much do Pharmacists make with other careers, they have a salary rank of A.



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Salary range

LevelHourlyYearly
Highest (Top 10%)$75.940$157950
Senior (Top 25%)$66.790$138920
Middle (Mid 50%)$58.770$122230
Junior (Bottom 25%)$52.600$109400
No experience (Bottom 10%)$41.880$87120


Entry-level Pharmacists who starts out at $109400 can expect to make $122230 after 3-5 years of experience in the field.

The bottom 10% makes less than $41.880 per hour while the top 10% makes over $75.940 per hour.

While the median wage is $122230 per annum or $58.770 per hour.

Depending on who you work for, you might also get overtime pay.

# = Over $100 per hour or $200,000 per year.


Highest paying industries

Industry nameHourly wageAnnual salary
Research and Development in the Physical, Engineering, and Life Sciences62.64130300
Scientific Research and Development Services62.4129790
Transportation and Warehousing61.6128130
Warehousing and Storage61.6128130
Offices of Physicians61.32127550
Other General Merchandise Stores61.22127350
Outpatient Care Centers60.57125980
Ambulatory Health Care Services59.66124100
General Merchandise Stores59.13123000
Chemical Manufacturing57.72120070
Manufacturing57.59119790
Pharmaceutical and Medicine Manufacturing57.59119790
Management of Companies and Enterprises57.48119570
Health and Personal Care Stores57.41119420
Pharmacies and Drug Stores57.41119420
Retail Trade57.4119390
Direct Selling Establishments57.28119130
Drugs and Druggists' Sundries Merchant Wholesalers57.23119050
All industries, private ownership only57.23119030
Merchant Wholesalers, Nondurable Goods57.22119020
General Medical and Surgical Hospitals, Local government owned57.05118660
Hospitals, Local government owned57.04118650
Wholesale Trade56.97118490
All industries56.96118470
Merchant Wholesalers, Durable Goods56.94118440
Professional and Commercial Equipment and Supplies Merchant Wholesalers56.94118440
Local government, including schools and hospitals56.93118410
Nursing Care Facilities (Skilled Nursing Facilities)56.92118390
Health Care and Social Assistance (including private, state, and local government hospitals)56.89118340
Offices of Physical, Occupational and Speech Therapists, and Audiologists56.67117880
General Medical and Surgical Hospitals, Privately owned56.58117700
General Medical and Surgical Hospitals (including private, state, and local government hospitals)56.58117690
Department Stores56.51117540
Hospitals, Privately owned56.51117540
Specialty hospitals, State government owned56.49117490
Hospitals (including private, state, and local government hospitals)56.46117440
Nonstore Retailers56.4117320
Outpatient Mental Health and Substance Abuse Centers56.37117250
Electronic Shopping and Mail-Order Houses56.34117200
Insurance Carriers56.03116530
Nursing and Residential Care Facilities56116490
Insurance Carriers and Related Activities55.95116380
Finance and Insurance55.95116370
Medical and Diagnostic Laboratories55.63115700
Employment Services55.52115470
Psychiatric and Substance Abuse Hospitals, Privately owned55.49115410
General Medical and Surgical Hospitals, State government owned55.4115240
Agencies, Brokerages, and Other Insurance Related Activities55.36115150
Other Insurance Related Activities55.36115150
Sector 56- Administrative and Support and Waste Management and Remediation Services55.36115140
Administrative and Support Services55.36115140
Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly55.35115120
Specialty (except Psychiatric and Substance Abuse) Hospitals (including private, state, and local government hospitals)55.34115110
Food and Beverage Stores55.33115080
Grocery Stores55.33115080
Specialty hospitals, Privately owned55.15114710
Offices of Other Health Practitioners55.11114640
Local Government, excluding schools and hospitals55.05114510
Office Administrative Services54.85114090
Consumer Goods Rental54.8113990
Real Estate and Rental and Leasing54.76113910
Rental and Leasing Services54.76113910
Hospitals, State government owned54.6113570
Individual and Family Services54.06112440
Offices of All Other Health Practitioners53.99112310
Home Health Care Services53.9112120
Wholesale Electronic Markets and Agents and Brokers53.88112070
Residential Mental Health and Substance Abuse Facilities53.68111650
Federal, state, and local government, including government owned schools and hospitals, and the US Postal Service53.59111470
Management, Scientific, and Technical Consulting Services53.35110960
Professional, Scientific, and Technical Services53.24110740
Social Assistance53.22110700
State government, including schools and hospitals53.02110290
Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities53.02110280
Psychiatric and Substance Abuse Hospitals (including private, state, and local government hospitals)52.19108550
Colleges, Universities, and Professional Schools (including private, state, and local government schools)51.95108060
Educational Services (including private, state, and local government schools)51.93108020
Information51.82107790
Religious, Grantmaking, Civic, Professional, and Similar Organizations51.28106660
Colleges, universities, and professional schools, State government owned51.25106590
Educational Services, State government owned51.24106580
Business, Professional, Labor, Political, and Similar Organizations51.23106550
Other Ambulatory Health Care Services51.12106330
All Other Ambulatory Health Care Services51.12106330
Federal, State, and Local Government50.37104760
Federal, State, and Local Government, excluding state and local schools and hospitals, and the US Postal Service50.37104760
State Government, excluding schools and hospitals50.27104550
Psychiatric and Substance Abuse Hospitals, State government owned50.06104130
Other Services (except Federal, State, and Local Government)49.92103820
Federal Executive Branch49.75103490
Federal government, including the US Postal Service49.75103490
Colleges, universities, and professional schools, Privately owned49.18102290
Educational Services, Privately owned49.11102150
Computer Systems Design and Related Services44.2392000

Not all industries pay the same for Pharmacists.

1 of the easiest way to increase your salary is to change industries and find a higher paying one.



Highest paying states

StateHourlyAnnual
AK$66.78$138910
CA$65.26$135750
NH$61.78$128490
ME$60.26$125340
VT$59.45$123650
NC$59.07$122870
MN$58.72$122140
WI$58.66$122020
AL$58.44$121550
KY$58.43$121530

Another simple way to boost your pay as A Pharmacist is to move to a higher paying state. However moving to a higher paying state like AK doesn’t mean you will make more overall. This is because the expenses at AK may be 2x higher than where you are currently living at right now.

According to the BLS, the highest paid / most successful Pharmacists are in the states of AK, CA, NH, ME and VT. The average salary in AK is $138910.



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Related to Pharmacists Salary

Pharmacists salary, how much do Pharmacists earn, Pharmacists hourly wage, Pharmacists annual pay, highest paying industries for Pharmacists, which states pay the highest for Pharmacists

Additional resources

http://www.bls.gov/OOH/healthcare/pharmacists.htm
http://www.aacp.org/
http://www.nabp.net/
http://www.nacds.org/

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Pharmacists
Written by: Stanley Tan
Pharmacists dispense drugs prescribed by physicians and other health practitioners and provide information to patients about medications and their use. May advise physicians and other health practitioners on the selection, dosage, interactions, and side effects of medications.
5 / 5 stars

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