How Much Does a Pharmacist Salary in New Jersey? 2022 Pharmacist Salary in New Jersey

Pharmacist salary new jersey
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If you’re considering a career in medicine in New Jersey, you might wonder how much a pharmacist salary in New Jersey makes and what the job requires.

Pharmacists are experts in medicines who can help you with minor health concerns. Qualified healthcare professionals can offer clinical advice and over-the-counter medication for a range of minor illnesses, such as coughs, colds, sore throats, tummy trouble, and aches and pains.

Being a pharmacist may be a rewarding job because pharmacy is one of the highest-paid professions in the healthcare business.

Continue reading to learn more about this expanding sector and how much money a pharmacist in New Jersey can expect to make.

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What Is Pharmacy?

Pharmacy is the clinical health science that links medical science with chemistry. It is charged with the discovery, production, disposal, safe and effective use, and control of medications and drugs.

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What Does a Pharmacist Do?

Pharmacists are healthcare professionals who specialize in the right way to use, store, preserve, and provide medicine.

Also, they can guide you on how to use medications, and let you know about any potential adverse effects of what you take.

So, they fill prescriptions issued by doctors and other healthcare professionals.

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Are Pharmacists Paid Well?

Pharmacists are among the world’s highest-paid medical professionals. Pharmacists earned an average of $427,000 before the COVID-19 pandemic, placing them among the top-five highest-paid occupations.

Following the pandemic, typical income for pharmacists fell slightly, especially for those whose pay is dependent on productivity.
Despite this, pharmacists continue to be among the highest-paid and most-satisfied healthcare professionals.

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What is the Average Salary for Pharmacist Professionals?

As of May 13, 2022, the average annual pay for a Hospital Pharmacist in New Jersey is $121,612 a year. Just in case you need a simple salary calculator, that works out to be approximately $58.47 an hour. This is the equivalent of $2,339/week or $10,134/month.

While ZipRecruiter is seeing salaries as high as $170,415 and as low as $81,150, the majority of Hospital Pharmacist salaries currently range between $108,836 (25th percentile) to $138,432 (75th percentile) with top earners (90th percentile) making $151,798 annually in New Jersey.

The typical compensation for a Hospital Pharmacist ranges widely (up to $29,596), implying that there may be several prospects for promotion and higher income dependent on skill level, location, and years of experience.

The Hospital Pharmacist employment market in New Jersey is not extremely active, according to recent job posting activity on ZipRecruiter, as few organizations are actively hiring.

They rank hospital pharmacist wages in New Jersey 13th out of 50 states.

ZipRecruiter regularly checks our database of millions of active jobs published locally throughout America to generate the most accurate annual salary range for Hospital Pharmacist positions.

How Much Does A Pharmacist Make in the New Jersey?

How Much Does A Pharmacist Make A Year?

The average salary for a pharmacist in New Jersey is around $128,030 per year.

Just in case you need a simple salary calculator, that works out to be approximately $58.47 an hour. This is the equivalent of $2,339/week or $10,134/month.

While ZipRecruiter is seeing salaries as high as $170,415 and as low as $81,150, the majority of Hospital Pharmacist salaries currently range between $108,836 (25th percentile) to $138,432 (75th percentile) with top earners (90th percentile) making $151,798 annually in New Jersey.

How Much Do Pharmacists Make a Month

The average monthly compensation for a pharmacist in New Jersey is $10,582 /month as of May 13, 2022.

While ZipRecruiter is seeing salaries as high as $170,415 and as low as $81,150, the majority of Hospital Pharmacist salaries currently range between $108,836 (25th percentile) to $138,432 (75th percentile) with top earners (90th percentile) making $151,798 annually in New Jersey.

How Much Do Pharmacist Jobs Pay per Hour?

The average salary for a pharmacist is $53.90 per hour in New Jersey. 320 salaries reported, updated on May 17, 2022.

Salary for Radiologists in New Jersey Based on Location

What are the Top 10 Highest Paying Cities for Hospital Pharmacist Jobs in New Jersey

We’ve identified 6 cities where the typical salary for a Hospital Pharmacist job is above the average in New Jersey. Topping the list is Trenton, with Atlantic City and Clifton close behind in second and third.

Hence, Clifton beats the New Jersey average by 12.1%, and Trenton furthers that trend with another $16,100 (13.2%) above the $121,612.

With only a handful of cities paying above the average for New Jersey, the opportunities for economic advancement by moving to a new location as a Hospital Pharmacist is a decision to make with some caution. Factoring in the cost-of-living. expenses should be considered as well.

However, another factor to consider is the average salary for these top 10 cities varies modestly at 21% between Trenton and Vineland, suggesting it may be difficult to see much positive wage advancement. The possibility of a lower cost of living may help determine the balance between location and salary for a Hospital Pharmacist role.

CityAnnual SalaryMonthly PayWeekly PayHourly Wage
Trenton$137,712$11,476$2,648$66.21
Atlantic City$136,886$11,407$2,632$65.81
Clifton$136,298$11,358$2,621$65.53
Passaic$133,576$11,131$2,569$64.22
Elizabeth$124,930$10,411$2,402$60.06
Newark$124,855$10,405$2,401$60.03
Paterson$121,410$10,117$2,335$58.37
Camden$121,304$10,109$2,333$58.32
Jersey City$120,933$10,078$2,326$58.14
Vineland$110,676$9,223$2,128$53.21

Analyzing some similar jobs related to the Hospital Pharmacist job category in New Jersey, we found that Advanced Practice Pharmacist jobs have average salaries greater than Hospital Pharmacist jobs.

However, Advanced Practice Pharmacist salaries only average 2.3% ($2,824) more than the average Hospital Pharmacist salary of $121,612. If you’re qualified, finding work as an Advanced Practice Pharmacist may give you a small lift versus the average Hospital.

Job TitleAnnual SalaryMonthly PayWeekly PayHourly Wage
Advanced Practice Pharmacist$124,435$10,370$2,393$59.82
Primary Care Pharmacist$120,935$10,078$2,326$58.14
Pharmacists$115,769$9,647$2,226$55.66
Pharmacist IN Charge$115,499$9,625$2,221$55.53
Clinical Pharmacist Hospital$113,906$9,492$2,190$54.76

Salary for Pharmacist in the New Jersey Based on Level

How Much Do Pharmacists Make Based on Entry Level?

The average annual pay for an Entry Level Pharmacist in New Jersey is $51,089 a year. Just in case you need a simple salary calculator, that works out to be approximately $24.56 an hour. This is the equivalent of $982/week or $4,257/month.

How Much Do Pharmacists Make at the Senior Level?

The salaries of Senior Pharmacists in New Jersey range from $97,000 to $112,000, with a median salary of $112,000. The middle 50% of Senior Pharmacists make $97,000, with the top 75% making $134,400.

Salary for Pharmacist in the New Jersey Based on Field

Clinical pharmacist salary new jersey

The average Clinical Pharmacist salary in New Jersey is $150,159 as of April 26, 2022, but the range typically falls between $141,434 and $159,679.

Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, and the number of years you have spent in your profession.

Hospital pharmacist salary new jersey

How much does a Hospital Pharmacist make in New Jersey?

As of May 13, 2022, the average annual pay for a Hospital Pharmacist in New Jersey is $121,612 a year.

Just in case you need a simple salary calculator, that works out to be approximately $58.47 an hour. This is the equivalent of $2,339/week or $10,134/month.

Cvs pharmacist salary new jersey

The average CVS Health Pharmacist’s hourly pay in New Jersey is approximately $59.74, which is 10% above the national average.

Walgreens pharmacist salary new jersey

How much does a Walgreens Pharmacist make in New Jersey?

As of May 13, 2022, the average annual pay for a Walgreens Pharmacist in New Jersey is $69,799 a year. Just in case you need a simple salary calculator, that works out to be approximately $33.56 an hour. This is the equivalent of $1,342/week or $5,817/month.

While ZipRecruiter is seeing salaries as high as $137,001 and as low as $21,481, the majority of Walgreens Pharmacist salaries currently range between $46,780 (25th percentile) to $109,313 (75th percentile) with top earners (90th percentile) making $125,066 annually in New Jersey.

Rite aid pharmacist salary new jersey

Average Rite Aid hourly pay ranges from approximately $9.50 per hour for a Sales Associate to $55.00 per hour for a Pharmacist in Charge. The average Rite Aid salary ranges from approximately $15,000 per year for Shift Managers to $137,290 per year for Pharmacists in Charge.

Salary information comes from 105 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.

Please note that all salary figures are approximations based upon third-party submissions to Indeed. These figures are given to the Indeed users for the purpose of generalized comparison only. The minimum wage may differ by jurisdiction and you should consult the employer for actual salary figures.

Factors Affecting Pharmacist Salaries in the New Jersey

Simply put, the amount of money you can make as a pharmacist is determined by a variety of factors, such as your area of specialization, location, employer, work experience, and so on. The following is a list of some key factors that, to varying degrees, determine the range of salary you can expect as a pharmacist:

Institution

The hospital, clinic, or other medical facility where you work heavily influenced your salary. It also depends on the type of establishment you work for, such as whether it is a government-owned or private institution.
They also determine the nature of your compensation, such as whether it is a fixed or variable salary.

Work Experience

In the medical field, knowledge, and experience is extremely important. This is no exception in the field of pharmacy. The more years you work as a professional radiologist, the better your reputation will become.

With time, the trustworthiness of both physicians and patients in your position grows and solidifies. So do your abilities and knowledge in your chosen profession.

Developing and maintaining professional and personal relationships with coworkers and patients improves your job security.
At the same time, it ensures a consistent cash stream. As a result, your earning prospects improve in tandem with your growing reputation and recognition as a pharmacist.

Patient Load

This is something to consider if and when you decide to open your own scan clinic as a radiologist. Individually operated scanning and testing centers are not unheard of, but most radiologists choose to work for an institution because they demand a large initial investment and resources.

Your salary, or rather your income as a private practitioner, will be significantly higher if your practice is successful and well-established, which is usually the case when you have a significant amount of professional experience. 

The number of patients you evaluate regularly is the most important factor in determining your salary. This is analogous to the pay-per-case reimbursement approach used by large, private medical institutes.

FAQs

How much do CVS pharmacists make in New Jersey?

The average CVS Health Pharmacist’s hourly pay in New Jersey is approximately $59.71, which is 10% above the national average

How much do retail pharmacists make NJ?

How much does a Pharmacist – Retail make in New Jersey? The average Pharmacist – Retail salary in New Jersey is $170,026 as of April 26, 2022, but the range typically falls between $162,157 and $177,886

How do I become a Pharmacist in NJ?

To qualify for licensure in the state of New Jersey, the applicant must be a graduate of an accredited college of pharmacy, must have completed a sufficient amount of time in an approved experience program, and must have passed both the state Board of Pharmacy Licensure Examination and the Multistate Jurisprudence

What is the highest paid pharmacist specialty?

Satellite pharmacists and nuclear pharmacists saw significant increases in hourly wages, and nuclear pharmacists have surpassed clinical pharmacists as the highest-paid specialty.

How can I make the most money with a pharmacy degree?

  1. Take Extra Shifts.
  2. Look for Additional Projects / Assignments. …
  3. Refinance Student Loans… …
  4. Take a Moonlighting Position. …
  5. Earn another certification/credential.
  6. Switch to a Higher Paying Job or One With More Opportunities.
  7. Start Doing Medical Writing

Conclusion

The demand for Pharmacists is growing at a rapid pace, in tandem with the growing number of medical operations. 

Experts say that without pharmacists, very little can happen in healthcare. As a result, pharmacists are among the highest-paid professions in both New Jersey and the rest of the world. 

This field’s professionals can earn up to $110,000 per year and have some of the highest job satisfaction percentages.

References

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