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Average Pharmacy Technicians Salary in Richmond, VA

Pharmacy Technicians in Richmond, VA, earn an average annual salary of $42,980. This figure is slightly below the national average of $44,160, indicating a localized compensation structure influenced by regional economic factors and demand within the Virginia market. The specific pay rates reflect the balance between the cost of living and the concentration of pharmacy technician roles in the area.

Executive Summary

  • Average Salary: $42,980 per year.
  • Growth Trend: Salaries have shifted 24.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $55,290.
  • Outlook: Richmond, VA, hosts a robust workforce of 2,120 Pharmacy Technicians, with a location quotient of 1.02 suggesting a concentration slightly above the national average. This indicates a stable and potentially growing demand for these professionals within the local healthcare ecosystem, making it a reliable market for job seekers.
2024 Market Data

Salary Overview

$42,980

The average Pharmacy Technicians in Richmond, VA earns-2.7%below the national average.

BreakdownBased on 40h/week
Hourly

$20.7

Weekly

$827

Monthly

$3,582

Pharmacy Technicians Salary Distribution in Richmond, VA

The salary trajectory for Pharmacy Technicians in Richmond, VA, typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior technicians with specialized skills or supervisory responsibilities can command significantly higher salaries, often reflected in the upper percentiles of the pay distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$36,370$17.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$32,235$15.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$41,400$19.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$53,725$25.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$55,290$26.6

Detailed Pharmacy Technicians Market Analysis

Relocation Context

Nominal Salary

$42,980

Gross Pay

Real Wage (Purchasing Power)

$42,980

Adjusted for COL (100)

With an average annual salary of $42,980 and a Cost of Living Index of 100, Richmond, VA, offers a salary that perfectly aligns with the national average cost of living. This means that the purchasing power of a Pharmacy Technician's salary in Richmond is comparable to that of their counterparts in other average-cost areas across the United States.

Job Market Context

2,120

Total Jobs

3.243

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Richmond, VA has a slightly higher-than-average concentration of Pharmacy Technicians roles compared to the national norm.

The location quotient of 1.02 for Pharmacy Technicians in Richmond, VA, signifies a job market that is very close to the national average in terms of concentration. This suggests a balanced competitive landscape, where the number of available positions aligns reasonably well with the number of qualified professionals, indicating steady but not overly saturated employment opportunities.

Nearby Job Markets

Frequently Asked Questions

How much does a Pharmacy Technicians make in Richmond, VA?

The median annual salary for a Pharmacy Technicians in Richmond, VA is $42,980. This typically ranges from $36,370 for entry-level positions to $55,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 2.7% lower than the national median of $44,160.

Is Richmond, VA a lucrative place for Pharmacy Technicians?

Yes, Richmond, VA offers a competitive earning potential for Pharmacy Technicians.The average salary of $42,980 is closely aligned with the national average, and the cost of living is also at the national average, providing good purchasing power.

Is Richmond, VA a good place to live for Pharmacy Technicians?

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

Where are the highest paying cities near Richmond, VA?

Some top paying nearby cities include Southside Virginia nonmetropolitan area ($40,450) and Northern West Virginia nonmetropolitan area.

How does Richmond's cost of living compare nationally?

Richmond, VA, has a Cost of Living Index of 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the country.

What is the concentration of Pharmacy Technicians in Richmond?

The location quotient for Pharmacy Technicians in Richmond is 1.02, indicating a slightly higher concentration of these roles compared to the national average.

How many Pharmacy Technicians work in Richmond, VA?

There are approximately 2,120 Pharmacy Technicians employed in Richmond, VA, contributing to the local healthcare workforce.

Is the job market for Pharmacy Technicians strong in Richmond?

With a location quotient slightly above the national average and a substantial local workforce, the job market for Pharmacy Technicians in Richmond appears stable and robust.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,120 employees in the Richmond, VA area with a job density of 3.243 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.