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Average Pharmacists Salary in Boulder, CO

Pharmacists in Boulder, Colorado, command an impressive average annual salary of $151,160, significantly exceeding the national average of $136,140. This elevated compensation is likely influenced by Boulder's unique economic landscape, which may include a higher demand for specialized healthcare services and a competitive market for skilled professionals.

Executive Summary

  • Average Salary: $151,160 per year.
  • Growth Trend: Salaries have shifted 11.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $182,750.
  • Outlook: The pharmacist job market in Boulder, CO, while not exhibiting hyper-concentration with a Location Quotient of 0.65, still presents a stable environment. With a local workforce of 270 pharmacists and 1.381 jobs per 1,000 workers, the demand appears consistent, suggesting a steady need for these healthcare professionals within the community.
2024 Market Data

Salary Overview

$151,160

The average Pharmacists in Boulder, CO earns+11.0%above the national average.

BreakdownBased on 40h/week
Hourly

$72.7

Weekly

$2,907

Monthly

$12,597

Pharmacists Salary Distribution in Boulder, CO

Career progression for pharmacists in Boulder, CO, is typically marked by significant salary increases. Entry-level positions may start at a lower percentile, but with experience, pharmacists can advance to senior roles, commanding salaries in the higher percentiles. These percentile gaps clearly signify the value placed on accumulated knowledge and expertise within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$128,400$61.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$113,370$54.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$157,450$75.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$188,950$90.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$182,750$87.9

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$151,160

Gross Pay

Real Wage (Purchasing Power)

$151,160

Adjusted for COL (100)

For pharmacists considering a move to Boulder, CO, the average salary of $151,160 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a pharmacist's income in Boulder is equivalent to the national average, allowing for a comparable standard of living without financial compromise.

Job Market Context

270

Total Jobs

1.381

Per 1K Jobs

0.65

Location Quotient

Below Average

Boulder, CO has 0.65x the national average concentration of Pharmacists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

Boulder, CO, presents a market for pharmacists that is slightly less concentrated than the national average, indicated by a Location Quotient of 0.65. This suggests that while pharmacists are a valued profession, the market is not oversaturated, potentially offering good opportunities for those seeking employment without facing extreme competition.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Boulder, CO

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Boulder, CO?

The median annual salary for a Pharmacists in Boulder, CO is $151,160. This typically ranges from $128,400 for entry-level positions to $182,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Boulder, CO is 11.0% higher than the national median of $136,140.

Is Boulder, CO a lucrative place for Pharmacists?

Yes, Boulder, CO is a lucrative place for Pharmacists.Pharmacists in Boulder earn an average of $151,160 annually, which is notably higher than the national average. Coupled with a cost of living that matches the national average, this makes Boulder a financially attractive location for the profession.

Is Boulder, CO a good place to live for Pharmacists?

The Cost of Living Index in Boulder, CO is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Boulder, CO?

Some top paying nearby cities include Denver-Aurora-Centennial, CO ($145,620) and Greeley, CO.

How does Boulder's pharmacist salary compare to the national average?

Pharmacists in Boulder, CO, earn an average of $151,160 annually, which is approximately $15,020 more than the national average of $136,140.

What is the concentration of pharmacists in Boulder, CO?

The concentration of pharmacists in Boulder, CO, is indicated by a Location Quotient of 0.65, meaning it is less concentrated than the national average.

How does the cost of living in Boulder, CO affect pharmacist salaries?

The cost of living in Boulder, CO, is exactly at the national average (100). This means the higher average salary of $151,160 provides a purchasing power equivalent to the national average, making it financially advantageous.

What is the total number of pharmacists in Boulder, CO?

There are approximately 270 pharmacists employed in Boulder, CO.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Boulder, CO area with a job density of 1.381 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.