Does Pharmacy pay well?
Do you make good money out of graduating from Pharmacy school? #university #pharmacy
8 answers
Gabriel Figliuzzi
Gabriel’s Answer
Hi Amira,
Thanks for the question. According to the Bureau of Labor Statistics, the median (middle range) salary for pharmacists is $121,500. You can visit the Bureau of Labor Statistics website for more information on salary, job outlook, educational requirements, and more:
http://www.bls.gov/ooh/healthcare/pharmacists.htm
Janna Afanasjeva, PharmD, BCPS
Janna’s Answer
The salary may also depend on the setting. Typically, pharmacists working in a retail setting earn more than pharmacists working in a hospital. Pharmacists who have a leadership position tend to make more as well.
Sheila Arrington, RPh, PMP
Sheila’s Answer
Gabriel's statistic is correct. There are additional factors you should consider beyond salary. The minimum of 6 years to complete the degree is expensive for most. Therefore you should also consider your finances. In addition, cities with and near pharmacy schools often have limited opportunities due to high demand for few positions.
This is to encourage you to consider all factors. Pharmacy is a great profession with personal and financial rewards. It all depends on where you want to live and the type of pharmacy you want to practice.
Best of luck.