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Average Pharmacists Salary in Delaware

Pharmacists in Delaware earn an impressive average annual salary of $138,860, slightly surpassing the national average of $136,140. This favorable compensation likely reflects a combination of factors, including the state's specific healthcare demands and potentially a competitive market for specialized pharmaceutical professionals.

Executive Summary

  • Average Salary: $138,860 per year.
  • Growth Trend: Salaries have shifted 5.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $173,470.
  • Outlook: With a local workforce of 790 pharmacists and a Location Quotient of 0.78, Delaware presents a moderately concentrated but stable job market for this profession. While not exceeding the national concentration, the presence of nearly 800 professionals indicates a consistent demand and a solid foundation for employment opportunities within the state.
2024 Market Data

Salary Overview

$138,860

The average Pharmacists in Delaware earns+2.0%above the national average.

BreakdownBased on 40h/week
Hourly

$66.8

Weekly

$2,670

Monthly

$11,572

Pharmacists Salary Distribution in Delaware

The salary spectrum for pharmacists in Delaware, like elsewhere, significantly widens with experience. Entry-level positions typically start at the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles, often exceeding $150,000 annually. This progression highlights clear career advancement opportunities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$83,860$40.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$104,145$50.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$140,470$67.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$173,575$83.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$173,470$83.4

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$138,860

Gross Pay

Real Wage (Purchasing Power)

$137,758

Adjusted for COL (100.8)

Delaware's Cost of Living Index stands at 100.8, indicating it is only slightly above the national average. This means the average pharmacist salary of $138,860 provides excellent purchasing power, allowing professionals to maintain a comfortable lifestyle without facing significant financial strain compared to national benchmarks.

Job Market Context

790

Total Jobs

1.668

Per 1K Jobs

0.78

Location Quotient

Below Average

Delaware has 0.78x 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.

A Location Quotient of 0.78 suggests that Delaware has a slightly lower concentration of pharmacists relative to the national average. This could imply a less saturated market, potentially leading to greater opportunities for qualified professionals and a competitive environment for employers seeking to attract talent.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Delaware

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Frequently Asked Questions

How much does a Pharmacists make in Delaware?

The median annual salary for a Pharmacists in Delaware is $138,860. This typically ranges from $83,860 for entry-level positions to $173,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Delaware is 2.0% higher than the national median of $136,140.

Is Delaware a lucrative place for Pharmacists?

Yes, Delaware offers a lucrative environment for Pharmacists.The average annual salary of $138,860 is above the national average, and the cost of living is only marginally higher, ensuring strong purchasing power.

Is Delaware a good place to live for Pharmacists?

The Cost of Living Index in Delaware is 100.8. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Delaware?

Some top paying nearby cities include Dover, DE ($133,670) and Vineland, NJ.

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

Pharmacists in Delaware earn an average of $138,860 annually, which is slightly higher than the national average of $136,140.

What is the concentration of pharmacists in Delaware?

Delaware has a Location Quotient of 0.78 for pharmacists, indicating a slightly lower concentration compared to the national average.

Is the cost of living high in Delaware for pharmacists?

The cost of living in Delaware is 100.8, which is just slightly above the national average, making the salary quite competitive.

How many pharmacists are there in Delaware?

There are approximately 790 pharmacists employed within the state of Delaware.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 790 employees in the Delaware area with a job density of 1.668 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.