Pharmacist Salary Comparison
An individual in a pharmaceutical career specializes in evaluations of prescriptions, which have been prescribed by physicians. Pharmacists then distribute the correct medications to the patients as well as counsel the patients on the proper distribution of the medication. Based on experience, settings and even locations, pharmacists' salaries can fluctuate.
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Experience
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According to Payscale, pharmacists with less than one year experience can average between $70,837 and $99,944 a year. An individual with one to four years experience as a pharmacist can earn between $68,253 and $101,131 annually. With five to nine years experience, yearly salary ranges between $80,451 and $106,427. Pharmacists with 10 to 19 years in the business can expect to earn about $81,098 to $113,147 a year. The yearly average salary for a pharmacist with more than 20 years experience is between $93,292 and $119,759.
Top Industries
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According to Bureau of Labor Statistics, the top paying industry for a pharmacist to work in is Individual and Family Services. A pharmacist working in this setting has the potential to make an average annual salary of $127,400, which is also $61.25 an hour. Other top paid settings include: Other Ambulatory Health Care Services, Other General Merchandise Stores, Offices of Physicians and Employment Services. Average yearly salary for these sites range between $106,650 and $112,990.
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Top States
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Bureau of Labor Statistics states that the top paying states for pharmacists are California, Maine, New Hampshire, Alaska and Minnesota. California is the top paying state with an average salary of $116,960 yearly or $56.23 an hour for pharmacists. The other locations have an average yearly salary range between $109,760 and $112,450.
Metropolitan Areas
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According to Bureau of Labor Statistics El Centro, California, is the top-paying metropolitan area for pharmacists. Pharmacists practicing in this area make approximately $140,800 a year or $67.69 an hour. Other top metropolitan areas include Modesto, California; Santa Barbara-Santa Maria, California; Farmington, New Mexico and Gadsden, Alabama. Average salaries for pharmacists in these locations range between $127,520 and $136,020 a year.
Career Outlook
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In 2006 there were 243,000 pharmacists employed int he United States. The Bureau of Labor Statistics predicted that this employment will grow 22 percent by 2016. The prediction states that in 2016 there will be 296,000 pharmacists employed in the United States, which is an increase of 53,000 jobs.
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References
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