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Pharmacist Average Salary in Massachusetts 2024

How much money does a person working as Pharmacist make in Massachusetts?


Average Yearly Salary
133,000 USD
( 11,100 USD monthly)

LOW
70,400
USD
AVERAGE
133,000
USD
HIGH
202,000
USD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Pharmacist in Massachusetts typically earns around 133,000 USD. Salaries range from 70,400 USD (lowest) to 202,000 USD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Pharmacist salaries in Massachusetts vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Pharmacist Pay Scale and Salaries in Massachusetts

Median and salary distribution Massachusetts Pharmacist yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
119,000 USD or more
10% of people earn
107,000 to 119,000 USD
20% of people earn
78,500 USD or less
65% of people earn
78,500 to 107,000 USD
Minimum Salary
70,400 USD
Median
120,000 USD
Maximum
202,000 USD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Pharmacist in Massachusetts range from 70,400 USD (starting salary) to 202,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 120,000 USD, half of the professionals who work as Pharmacist in Massachusetts earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Pharmacist in Massachusetts earn less than 99,800 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 136,000 USD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Pharmacist in Massachusetts compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 78,500 USD to 107,000 USD. About 20% of salaries are below the 78,500 USD mark, while 10% fall within the range of 107,000 USD to 119,000 USD. Only 5% of individuals have salaries exceeding 119,000 USD.

Salary Comparison by Years of Experience / Pharmacist / Massachusetts

How do experience and age affect pay?

0 - 2 Years
81,000 USD
2 - 5 Years+23%
99,400 USD
5 - 10 Years+42%
141,000 USD
10 - 15 Years+17%
164,000 USD
15 - 20 Years+10%
181,000 USD
20+ Years+6%
191,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Massachusetts Pharmacist
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Pharmacist and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 81,000 USD.

While someone with an experience level between two and five years is expected to earn 99,400 USD, 23% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 141,000 USD, 42% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 164,000 USD, 17% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 181,000 USD, 10% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 191,000 USD, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Pharmacist / Massachusetts

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Pharmacist.

Bachelor's Degree
91,500 USD
Master's Degree+93%
177,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Massachusetts Pharmacist
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Pharmacist in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 91,500 USD.


Level 2: Master's Degree

At this level, the average salary becomes 177,000 USD, 93% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United States costs anywhere from 39,600 USD to 119,000 USD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Pharmacist / Massachusetts

Salary comparison by gender United States Pharmacist yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Pharmacist in United States, the average difference between the salary of male and female employees is 4%.

Male
131,000 USD
Female-4%
125,000 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
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Average Annual Salary Increment Percentage / Pharmacist / Massachusetts

How much are annual salary increments in Massachusetts for individuals working as Pharmacist? How often do employees get salary raises?

Individuals working as Pharmacist in United States are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate United States Pharmacist
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United States / All Professions

Annual Salary Increment Rate United States
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Pharmacist / United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Pharmacist
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
%
No Bonus
100%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Pharmacist / Massachusetts


64 USD per hour

The average hourly wage (pay per hour) for individuals working as Pharmacist in Massachusetts is 64 USD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Pharmacist in Massachusetts is 34 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Pharmaceutical and Biotechnology-100%
Assistant Pharmacist84,100 USD-37%
Assistant Pharmacy Director155,000 USD+17%
Associate Medical Affairs Director214,000 USD+61%
Bioethics Specialist119,000 USD-10%
Biofabrication Specialist121,000 USD-9%
Bioinformatics Scientist205,000 USD+54%
Bioinformatics Technician93,400 USD-30%
Biological Scientist215,000 USD+62%
Biological Technician91,300 USD-31%
Biomanufacturing Technician101,000 USD-24%
Biomarker Scientist149,000 USD+12%
Biomedical Electronics Technician85,300 USD-36%
Biomedical Engineer82,800 USD-38%
Biomedical Engineering Director159,000 USD+20%
Bioprocess Engineer99,100 USD-25%
Biostatistician140,000 USD+5%
Biotechnologist 127,000 USD-4%
Biotechnology Lead Data Manager108,000 USD-19%
Cell Therapy Scientist178,000 USD+34%
Chemical Process Technician97,300 USD-27%
Clinical Consultant130,000 USD-2%
Clinical Data Manager135,000 USD+2%
Clinical Data Specialist122,000 USD-8%
Clinical Informatics Specialist97,100 USD-27%
Clinical Operations Manager180,000 USD+35%
Clinical Pharmacist129,000 USD-3%
Clinical Pharmacy Specialist157,000 USD+18%
Clinical Programmer70,100 USD-47%
Clinical Project Manager122,000 USD-8%
Clinical Research Associate113,000 USD-15%
Clinical Research Manager180,000 USD+35%
Clinical Study Manager162,000 USD+22%
Clinical Trials Compliance Officer227,000 USD+71%
Compliance Specialist134,000 USD+1%
Computational Chemist167,000 USD+26%
Cytology Laboratory Technologist106,000 USD-20%
Cytotechnologist104,000 USD-22%
Digital Biomarker Developer131,000 USD-1%
Digital Health Specialist122,000 USD-8%
Drug Safety Specialist142,000 USD+7%
GCP Auditor110,000 USD-17%
Gene Editing Compliance Officer171,000 USD+29%
Gene Editing Specialist136,000 USD+2%
Gene Therapy Researcher142,000 USD+7%
Hospital Pharmacy Technician94,500 USD-29%
Manufacturing Engineer105,000 USD-21%
Medical 3D Printing Specialist107,000 USD-19%
Medical Affairs Director202,000 USD+52%
Medical Device Compliance Specialist127,000 USD-4%
Medical Device Data Analyst120,000 USD-10%
Medical Device Designer115,000 USD-13%
Medical Representative 84,700 USD-36%
Medical Science Liaison141,000 USD+6%
Medical Technology Writer99,300 USD-25%
Molecular and Cellular Biologist223,000 USD+68%
Nuclear Pharmacist141,000 USD+6%
Pharmaceutical Compliance Auditor195,000 USD+47%
Pharmaceutical Manager227,000 USD+71%
Pharmaceutical Manufacturing Lead253,000 USD+90%
Pharmaceutical Operations Excellence Manager203,000 USD+53%
Pharmaceutical Process Engineer119,000 USD-10%
Pharmaceutical Production Assistant Manager147,000 USD+11%
Pharmaceutical Project Manager136,000 USD+2%
Pharmaceutical Quality Auditor146,000 USD+10%
Pharmaceutical Regulatory Affairs Assistant105,000 USD-21%
Pharmaceutical Regulatory Affairs Manager142,000 USD+7%
Pharmaceutical Regulatory Affairs Specialist115,000 USD-13%
Pharmaceutical Representative88,200 USD-34%
Pharmaceutical Research Associate127,000 USD-4%
Pharmaceutical Research Scientist188,000 USD+41%
Pharmaceutical Researcher190,000 USD+43%
Pharmaceutical Sales and Marketing Manager157,000 USD+18%
Pharmaceutical Sales Manager183,000 USD+38%
Pharmaceutical Sales Representative87,200 USD-34%
Pharmaceutical Supply Chain Manager196,000 USD+47%
Pharmaceutical Team Leader148,000 USD+11%
Pharmaceutical Technologist98,400 USD-26%
Pharmacist133,000 USD+0%
Pharmacogenomics Expert156,000 USD+17%
Pharmacovigilance Analyst151,000 USD+14%
Pharmacy Aide88,300 USD-34%
Pharmacy Manager185,000 USD+39%
Pharmacy Stock Controller74,500 USD-44%
Pharmacy Technician72,400 USD-46%
Precision Medicine Compliance Analyst148,000 USD+11%
Precision Medicine Specialist137,000 USD+3%
Records Management Coordinator69,300 USD-48%
Shift Encapsulator81,700 USD-39%
Staff Pharmacist134,000 USD+1%
Synthetic Biologist163,000 USD+23%
Telepharmacy Technician74,200 USD-44%

Salary Comparison By City

CityAverage Salary
Boston131,000 USD

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.

Private Sector
92,800 USD
Public Sector+5%
97,500 USD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Pharmacist in Massachusetts?

A good and competitive compensation would range anywhere between 120,000 USD and 136,000 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Pharmacist in Massachusetts ranges from 70,400 USD to 99,800 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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