Pharmacists

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Total Workforce

295k

Average Age

41.9

Estimated Job Growth

5.57%

10-year projection

Average Salary

$100,588

Average Male Salary

$111,006

Average Female Salary

$92,659

About

Pharmacists are most often employed by the Pharmacies & drug stores industry. The average yearly wage for Pharmacists was $100,588 in 2016. The top 3 most similar occupations to Pharmacists by wage are Veterinarians, Marketing & sales managers, and Computer network architects.

Pharmacists are part of the Healthcare practitioners & technical occupations, along with Chiropractors, Dentists, Dietitians & nutritionists, Optometrists, Pharmacists, Physicians & surgeons, Physician assistants, Podiatrists, Occupational therapists, Physical therapists, Radiation therapists, Recreational therapists, Respiratory therapists, Speechlanguage pathologists, Other therapists, including exercise physiologists, Veterinarians, Registered nurses, Nurse anesthetists, Audiologists, Health diagnosing & treating practitioners, all other, Nurse practitioners & nurse midwives, Clinical laboratory technologists & technicians, Dental hygienists, Diagnostic related technologists & technicians, Emergency medical technicians & paramedics, Health practitioner support technologists & technicians, Licensed practical & licensed vocational nurses, Medical records & health information technicians, Opticians, dispensing, Miscellaneous health technologists & technicians, and Other healthcare practitioners & technical Occupations

Employment

Information on the businesses and industries that employ Pharmacists and on wages and locations for those in the field. Pharmacies & drug stores is the industry that employs the most Pharmacists, both by share and by number, though the highest paid industry for Pharmacists, by average wage, is Offices of physicians. Pharmacists are paid most in Walton, Washington, Holmes & Bay Counties PUMA, FL but are relatively concentrated in Philadelphia City (Southwest) PUMA, PA.

Wages

Yearly Wage

$100,588

AVERAGE SALARY

± $2,796

In 2017, Pharmacists earned an average of $100,588, $48,523 more than than the average national salary of $52,065.

Marketing & sales managers make somewhat more than Pharmacists while Veterinarians make somewhat less. This chart shows the various occupations closest to Pharmacists as measured by average annual salary in the US.

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Wage Distribution

0.302

WAGE GINI

In 2017, Pharmacists had a wage GINI coefficient of 0.302, which is lower than than the national average of 0.479. In other words, wages are distributed more evenly for Pharmacists (shown in red) than for the overall labor force (shown in gray).

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Wage by Location

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Pharmacists.

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Spatial Concentration

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Pharmacists.

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Industries

Most Common

The most common industries employing Pharmacists, by number of employees, are Pharmacies & drug stores, Hospitals, and Grocery Stores.

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Highest Paying

The highest paying industries for Pharmacists, by average wage, are Offices of physicians, Administration of human resource programs, and Pharmaceutical & medicine manufacturing.

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Industries by Share

295k

2017 Workforce

± 13,313

-3.54%

1 YEAR GROWTH

± 6.57%

The number of people employed as Pharmacists has been declining at a rate of -3.54%, from 305,439 people in 2016 to 294,628 people in 2017.

This graphic shows the share of Pharmacists employed by various industries. Pharmacies & drug stores employs the largest share of Pharmacists at  52.9%, followed by Hospitals with 32% and Grocery Stores with 3.9%.

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Diversity

Demographic information on Pharmacists in the US. The average age of male Pharmacists in the workforce is 44.4 and of female Pharmacists is 39.9, and the most common race/ethnicity for Pharmacists is White.

Gender Composition

127k

MALE WORKFORCE

± 8,757

167k

FEMALE WORKFORCE

± 10,036

56.8% of Pharmacists are Female, making them the more common gender in the occupation. This chart shows the gender breakdown of Pharmacists.

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Race & Ethnicity

Most Common Race or Ethnicity of Pharmacists

  1. White

  2. Asian

  3. Black

70% of Pharmacists are White, making that the most common race or ethnicity in the occupation. Representing 20.2% of Pharmacists, Asian is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Pharmacists.

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Age by Gender

44.4

AVERAGE MALE AGE

± 0.99

39.9

AVERAGE FEMALE AGE

± 0.725

The median age of Pharmacists is 41.9, and Male employees are generally 4.45 years older than than their Female counterparts.

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Education

Data on higher education choices for Pharmacists from The Department of Education and Census Bureau. The most common major for Pharmacists is Health but a relatively high number of Pharmacists hold a major in Health.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

MOST SPECIALIZED MAJORS

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Skills

Data on the critical and distinctive skills necessary for Pharmacists from the Bureau of Labor Statistics. Pharmacists need many skills, but most especially Reading Comprehension, Active Listening, and Critical Thinking. The revealed comparative advantage (RCA) shows that Pharmacists need more than the average amount of Science, Management of Material Resources, and Operations Analysis.

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Bar Chart

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Growth Projections

Projections on wages and job growth for Pharmacists from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but Pharmacists are expected to see a growth of 5.57% over the same period. This occupation is expected to grow slower than the national average.

Job Growth

5.57%

ESTIMATED GROWTH

7.4%

NATIONAL AVERAGE

This line chart shows the 10-year projected employment growth (from 2016 to 2026) for Pharmacists. This profession is expected to grow lower than 7.4%, the average rate of national job growth.

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