Average Pharmacists Salary in New York-Newark-Jersey City, NY-NJ
Pharmacists in the New York-Newark-Jersey City, NY-NJ metropolitan area earn an impressive average annual salary of $137,130. This figure slightly surpasses the national average of $136,140, indicating a strong demand and potentially higher operational costs within this major economic hub. The robust pay reflects the critical role pharmacists play in healthcare delivery within this densely populated region.
Executive Summary
- Average Salary: $137,130 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $167,900.
- Outlook: The New York-Newark-Jersey City area boasts a substantial pharmacist workforce of 22,010 individuals. With a Location Quotient of 1.1, the concentration of pharmacists here is slightly above the national average, suggesting a healthy and established job market. This indicates a consistent demand for skilled pharmacists, underpinning the stability and potential growth within the local pharmaceutical sector.
Salary Overview
The average Pharmacists in New York-Newark-Jersey City, NY-NJ earns+0.7%above the national average.
$65.9
$2,637
$11,428
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that pharmacist salaries in the New York-Newark-Jersey City area have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in pharmaceutical services, and inflation likely contribute to a positive salary trajectory for professionals in this field.
Pharmacists Salary Distribution in New York-Newark-Jersey City, NY-NJ
Salary progression for pharmacists is typically tied to experience and specialization. Entry-level positions will naturally command lower salaries, while senior pharmacists, those with advanced degrees, or those in specialized roles (like clinical pharmacy or management) can expect significantly higher compensation. The percentile gaps in salary data would clearly illustrate this career ladder, showing substantial earning potential as one advances.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $100,630 | $48.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $102,848 | $49.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $135,720 | $65.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $171,413 | $82.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $167,900 | $80.7 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$137,130
Gross Pay
Real Wage (Purchasing Power)
$137,130
Adjusted for COL (100)
The average pharmacist salary of $137,130 in the New York-Newark-Jersey City area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is slightly higher than the national average, the purchasing power of that salary is comparable to the national average, suggesting that the increased earnings are offset by the cost of living in this region.
Job Market Context
22,010
Total Jobs
2.351
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, New York-Newark-Jersey City, NY-NJ has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
A Location Quotient of 1.1 for pharmacists in New York-Newark-Jersey City indicates a market that is slightly more concentrated than the national average. This suggests a competitive environment, but also one where the profession is well-established and valued. The abundance of jobs relative to the national average (2.351 jobs per 1,000 workers) further supports the notion of a robust and active job market for pharmacists.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Kiryas Joel-Poughkeepsie-Newburgh, NY Pharmacists Salary | $134,470↓ 2% | 44 mi |
| Trenton-Princeton, NJ Pharmacists Salary | $132,890↓ 3% | 52 mi |
| Bridgeport-Stamford-Danbury, CT Pharmacists Salary | $143,190↑ 4% | 54 mi |
| New Haven, CT Pharmacists Salary | $132,830↓ 3% | 70 mi |
| Waterbury-Shelton, CT Pharmacists Salary | $132,630↓ 3% | 77 mi |
Comparing salaries near New York-Newark-Jersey City, NY-NJ
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in New York-Newark-Jersey City, NY-NJ?
The median annual salary for a Pharmacists in New York-Newark-Jersey City, NY-NJ is $137,130. This typically ranges from $100,630 for entry-level positions to $167,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 0.7% higher than the national median of $136,140.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Pharmacists?
Yes, it is a lucrative place for Pharmacists.Pharmacists in this region earn slightly above the national average salary, and while the cost of living is on par with the national average, the job market shows a healthy concentration and high job availability.
Is New York-Newark-Jersey City, NY-NJ a good place to live for Pharmacists?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?
Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($134,470) and Trenton-Princeton, NJ.
How does the pharmacist salary compare to the national average?
The average annual salary for pharmacists in New York-Newark-Jersey City, NY-NJ is $137,130, which is slightly higher than the national average of $136,140.
What is the cost of living for pharmacists in this area?
The Cost of Living Index for New York-Newark-Jersey City, NY-NJ is 100, which is the same as the national average. This means the purchasing power of the salary is comparable to the national average.
How concentrated is the pharmacist job market in this region?
The Location Quotient is 1.1, indicating that the concentration of pharmacists in this metropolitan area is slightly higher than the national average, suggesting a well-established market.
How many jobs per thousand workers are available for pharmacists?
There are 2.351 jobs per 1,000 workers for pharmacists in the New York-Newark-Jersey City, NY-NJ area, which is a strong indicator of job availability.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 22,010 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 2.351 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Pharmacists Salaries by State
Top Jobs in New York-Newark-Jersey City, NY-NJ
- All Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Office and Administrative Support Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Healthcare Support Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Sales and Related Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Business and Financial Operations Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Transportation and Material Moving Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Food Preparation and Serving Related Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Management Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Educational Instruction and Library Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Home Health and Personal Care Aides Salary in New York-Newark-Jersey City, NY-NJ
- Browse All Jobs in New York-Newark-Jersey City, NY-NJ →
Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in New York-Newark-Jersey City, NY-NJ