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Average Pharmacists Salary in Reading, PA

Pharmacists in Reading, PA, command an impressive average annual salary of $139,670, slightly surpassing the national average of $136,140. This localized premium is often influenced by a combination of regional demand, the specific healthcare landscape within Pennsylvania, and the overall economic conditions that shape compensation for specialized roles.

Executive Summary

  • Average Salary: $139,670 per year.
  • Growth Trend: Salaries have shifted 18.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $170,850.
  • Outlook: With a total local workforce of 280 Pharmacists, Reading, PA, presents a stable, albeit moderately concentrated, job market. The Location Quotient of 0.76 suggests that while the profession is present, it is slightly less concentrated than the national average, indicating a balanced demand-supply dynamic that supports current salary levels.
2024 Market Data

Salary Overview

$139,670

The average Pharmacists in Reading, PA earns+2.6%above the national average.

BreakdownBased on 40h/week
Hourly

$67.2

Weekly

$2,686

Monthly

$11,639

Pharmacists Salary Distribution in Reading, PA

Career progression for Pharmacists in Reading, PA, is typically marked by significant salary increases. Entry-level positions might start at a lower percentile, but with experience, specialization, and the acquisition of advanced skills, professionals can advance to senior roles commanding salaries well above the average, reflected in the widening percentile gaps.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$111,810$53.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$104,753$50.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$137,870$66.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$174,588$83.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$170,850$82.1

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$139,670

Gross Pay

Real Wage (Purchasing Power)

$139,670

Adjusted for COL (100)

The nominal average salary of $139,670 in Reading, PA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Pharmacist's salary in Reading is equivalent to the national standard, offering a stable financial standing without the added pressure of a higher cost of living.

Job Market Context

280

Total Jobs

1.621

Per 1K Jobs

0.76

Location Quotient

Below Average

Reading, PA has 0.76x 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 0.76 indicates that Reading, PA, has a slightly lower concentration of Pharmacists compared to the national average. This suggests that while the market is not oversaturated, there is a steady demand for qualified professionals, making it a potentially favorable environment for job seekers looking for opportunities without intense competition.

Nearby Job Markets

Nearby Cities for Pharmacists

CitySalaryDist.
Lebanon, PA Pharmacists Salary$134,300↓ 4%26 mi
Lancaster, PA Pharmacists Salary$134,650↓ 4%29 mi
Allentown-Bethlehem-Easton, PA-NJ Pharmacists Salary$135,230↓ 3%30 mi
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Pharmacists Salary$136,520↓ 2%48 mi
York-Hanover, PA Pharmacists Salary$136,890↓ 2%50 mi

Comparing salaries near Reading, PA

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Reading, PA?

The median annual salary for a Pharmacists in Reading, PA is $139,670. This typically ranges from $111,810 for entry-level positions to $170,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Reading, PA is 2.6% higher than the national median of $136,140.

Is Reading, PA a lucrative place for Pharmacists?

Yes, Reading, PA offers a lucrative environment for Pharmacists.The average salary of $139,670 exceeds the national average, and the cost of living is on par with the national index, providing strong purchasing power.

Is Reading, PA a good place to live for Pharmacists?

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

Where are the highest paying cities near Reading, PA?

Some top paying nearby cities include Lebanon, PA ($134,300) and Lancaster, PA.

How does the Reading, PA Pharmacist salary compare to the national average?

Pharmacists in Reading, PA, earn an average of $139,670 annually, which is higher than the national average of $136,140.

What is the job market like for Pharmacists in Reading, PA?

The job market is moderately concentrated with 280 local workers and a Location Quotient of 0.76, suggesting a balanced demand and supply for the profession.

Does the cost of living in Reading, PA affect the value of a Pharmacist's salary?

No, the cost of living in Reading, PA, is exactly at the national average (index of 100), meaning the $139,670 salary has the same purchasing power as the national average salary.

How many Pharmacist jobs are there per 1,000 workers in Reading, PA?

There are approximately 1.621 Pharmacist jobs per 1,000 workers in Reading, PA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Reading, PA area with a job density of 1.621 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Reading, PA