Pharmacist Salary In New York
A pharmacist is a registered professional who dispenses prescription drugs and other medications. Pharmacist salaries in New York vary by location, experience, and education level. Pharmacists can earn between $100,000 and $240,000 per year.
Pharmacist salaries in New York vary depending on location and experience. Pharmacists who are just starting out will earn $100,000 per year while those with over 20 years of experience can earn up to $240,000 annually. The median annual salary for pharmacists in New York is $121,850 as of 2015.
Pharmacy Technician Salary In New York
In New York, the average salary for a pharmacy technician is $23,000. Pharmacists in New York can earn up to $187,000.
Pharmacist Salary In New York
On an average, a pharmacist’s salary in New York is $121,150, per annum which is 3.44% lesser than the national average. Being the one of the most populous state there, there is a consistent demand for healthcare professionals, taking care of the medical needs of a growing population. In New York, pharmacists earn salaries ranging from $75,930 to $163,290, with the highest salaries coming from Outpatient Care Centers. New York City employs the highest number of pharmacists; however, Elmira pays the highest salaries. With an employment growth rate of 1.62% in negative through a 10-year period of 2018-2028, the state is favorable for a pharmacy career.
Average Salary of Pharmacist in New York
On an average, a pharmacist in NY earns an average annual salary of $121,150, which is marginally lower than the national average. Pharmacists who work part-time in the state earn an hourly wage of $58.25.
Type | Average Salary |
Hourly Wage | $58.25 |
Monthly Salary | $10,100 |
Annual Salary | $121,150 |
Pharmacist Salary by Experience in New York
A pharmacist’s job is crucial to the running of a pharmacy and his expertise can add incredible value to the operation of a pharmacy. An entry level pharmacist earns a starting salary of $75,930 which goes up to $163,290 with 20 years of work experience.
Level of Experience | Hourly | Annual |
Less than 1 year (Starting) | $36.50 | $75,930 |
1-4 years | $50.26 | $104,540 |
5-9 years | $59.77 | $124,320 |
10-19 years | $69.12 | $143,770 |
20 years or more | $78.50 | $163,290 |
Salary Growth (2016-2020)
A pharmacist in New York has witnessed a meager salary growth of 3.03%, in the last five years, from 2015 to 2020. Considering 2016 as our base year, where a pharmacist earned an annual salary of $118,530, five years later in 2020 the salary was more by $3,560.
Year | Average Annual Salary | Growth |
2016 | $118,530 | 0.80% |
2017 | $120,440 | 1.61% |
2018 | $121,030 | 0.49% |
2019 | $121,480 | 0.37% |
2020 | $121,150 | -0.27% |
Total | $3,560 | 3.03% |
Employment Growth (2016-2020)
The employment growth rate for a pharmacist in New York in the last five years has been promising at 3.68%. From 2015 to 2016, employment opportunities grew by 8.17% and from the year 2016 to 2017, it has grown by 7.09%. The growth has been particularly encouraging in the recent years with pharmacists filling up varied positions in the pharmaceutical industry.
Year | Employment | Growth |
2016 | 20,440 | 8.90% |
2017 | 21,890 | 7.09% |
2018 | 20,400 | -6.81% |
2019 | 20,180 | -1.08% |
2020 | 19,460 | -3.57% |
Total | 690 | 3.68% |
Industry Wise Income and Employment (2021)
Retail pharmacies like CVS, Rite-Aid and Walgreens are the largest employers of pharmacists in New York, recruiting 8,330 pharmacists, annually. General Merchandise Stores and Hospitals, on the other hand pay the highest salaries. Outpatient Care Centers hire a small number, hiring only 420 pharmacists for their workforce.
Industry | Employment | Hourly Salary | Annual Salary |
Retail Pharmacies | 8,330 | $57.04 | $118,640 |
Hospitals | 4,870 | $59.57 | $123,900 |
Grocery Stores | 1,570 | $57.62 | $119,860 |
Other General Merchandise Stores | 460 | $57.78 | $120,190 |
Outpatient Care Centers | 420 | $68.31 | $142,080 |
New York Metro Wise – Salary and Employment (2021)
The bustling metropolis of New York City, one of the most populated in the state employs 20,360, the largest number of pharmacists in the state. While, the highest pharmacist salaries come from Elmira, averaging to $138,040, annually, Ithaca and Elmira have only 50 and 70 pharmacists working for them, which is the least in the state.
Area Name | Employment | Hourly | Annual | Starting Salary | Experienced Salary |
New York-Newark-Jersey City | 20,360 | $59.27 | 123,290 | 80,060 | 165,150 |
Buffalo-Cheektowaga-Niagara Falls | 1,320 | $59.21 | 123,150 | 86,850 | 163,560 |
Rochester | 980 | $54.30 | 112,950 | 42,240 | 149,890 |
Albany-Schenectady-Troy | 930 | $57.84 | 120,310 | 70,050 | 159,780 |
Syracuse | 620 | $53.85 | 112,000 | 52,850 | 153,490 |
Utica-Rome | 430 | $53.85 | 112,010 | 89,050 | 150,110 |
Binghamton | 260 | $60.42 | 125,670 | 90,260 | 165,450 |
Kingston | 110 | $60.30 | 125,420 | 104,700 | 158,750 |
Glens Falls | 100 | $66.04 | 137,370 | 109,960 | 171,680 |
Watertown-Fort Drum | 100 | $56.00 | 116,470 | 30,360 | 163,280 |
Elmira | 70 | $66.37 | 138,040 | 108,230 | 166,660 |
Ithaca | 50 | $65.59 | 136,430 | 107,250 | 167,890 |
Pharmacist Employment Outlook in NY (2018-2028)
In 2018, there were 20,930 pharmacists working in NY and by 2028 this number is projected to grow to 20,590. With a creation of 900 jobs for pharmacists in NY each year, the growth rate from 2018 to 2028 is predicted to be at 1.62% in negative, which is 1% greater lower than the national growth rate.
2018 Employment | 2028 Employment | Percent Change | Projected Annual Job Openings | |
New York | 20,930 | 20,590 | -1.62% | 900 |
United States | 321,700 | 311,200 | -3.26% | 11,200 |
Pharmacist New York VS Pharmacist National
A pharmacist, on an average earns $121,150 in New York, which is 3.44% lesser than the national average. Although most pharmacists work full-time, some who work part-time earn an hourly wage of $58.25, which is lesser than the national average.
Type | New York Salary | US Salary | Difference | % Difference |
Hourly Wage | $58.25 | $60.32 | -2.07 | -3.44% |
Monthly Salary | $10,100 | $10,460 | -360 | -3.44% |
Annual Salary | $121,150 | $125,460 | -4,310 | -3.44% |