SalaryNode

Average Pharmacists Salary in Texas

Pharmacists in Texas earn an average annual salary of $134,880, slightly below the national average of $136,140. This marginal difference can be attributed to a combination of factors including the state's specific healthcare market dynamics, regulatory environment, and the overall economic landscape influencing compensation for highly skilled professionals.

Executive Summary

  • Average Salary: $134,880 per year.
  • Growth Trend: Salaries have shifted 7.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $168,690.
  • Outlook: With a substantial local workforce of 22,720 pharmacists, Texas demonstrates a significant presence in the pharmaceutical sector. The Location Quotient of 0.77 suggests that while the concentration of pharmacists is slightly lower than the national average, the sheer volume of professionals indicates a robust and active job market with consistent demand for their expertise.
2024 Market Data

Salary Overview

$134,880

The average Pharmacists in Texas earns-0.9%below the national average.

BreakdownBased on 40h/week
Hourly

$64.9

Weekly

$2,594

Monthly

$11,240

Pharmacists Salary Distribution in Texas

Career progression for pharmacists in Texas typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, develop specialized skills, and take on more responsibility, their earning potential escalates considerably, with senior pharmacists commanding salaries well into the higher percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$72,680$34.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$101,160$48.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$136,950$65.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$168,600$81.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$168,690$81.1

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$134,880

Gross Pay

Real Wage (Purchasing Power)

$145,032

Adjusted for COL (93)

The average annual salary of $134,880 in Texas offers considerable purchasing power, especially when viewed against the state's Cost of Living Index of 93. This index indicates that the cost of goods and services is approximately 7% lower than the national average, meaning the nominal salary effectively stretches further, enhancing the real income and quality of life for pharmacists residing in the state.

Job Market Context

22,720

Total Jobs

1.641

Per 1K Jobs

0.77

Location Quotient

Below Average

Texas has 0.77x 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 0.77 signifies that Texas employs fewer pharmacists per worker relative to the national average. This suggests that while the state has a large number of pharmacists, the job market may not be oversaturated, potentially offering competitive opportunities for skilled professionals seeking employment or career advancement within the state's healthcare system.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Texas

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Texas?

The median annual salary for a Pharmacists in Texas is $134,880. This typically ranges from $72,680 for entry-level positions to $168,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Texas is 0.9% lower than the national median of $136,140.

Is Texas a lucrative place for Pharmacists?

Yes, Texas offers a lucrative environment for Pharmacists.Pharmacists in Texas earn a competitive average salary of $134,880, which provides strong purchasing power due to a cost of living below the national average.

Is Texas a good place to live for Pharmacists?

With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Texas?

Some top paying nearby cities include Killeen-Temple, TX ($134,510) and Waco, TX.

How does the Texas pharmacist salary compare to the national average?

The average annual salary for pharmacists in Texas is $134,880, which is slightly lower than the national average of $136,140.

What is the concentration of pharmacists in Texas compared to the rest of the country?

Texas has a Location Quotient of 0.77 for pharmacists, indicating a slightly lower concentration of the profession relative to the national average.

How does the cost of living in Texas affect a pharmacist's salary?

With a Cost of Living Index of 93, Texas is more affordable than the national average, meaning the $134,880 salary offers greater purchasing power for pharmacists.

What is the total number of pharmacists employed in Texas?

There are approximately 22,720 pharmacists employed in Texas, representing a significant segment of the healthcare workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 22,720 employees in the Texas area with a job density of 1.641 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.