Pharmacist Average Salary in Maryland 2024
How much money does a person working as Pharmacist make in Maryland?
LOW
69,600
USD AVERAGE
134,000
USD HIGH
205,000
USD
A person working as Pharmacist in Maryland typically earns around 134,000 USD. Salaries range from 69,600 USD (lowest) to 205,000 USD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Pharmacist salaries in Maryland 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 Maryland
Salary Structure and Pay Scale Comparison
121,000 USD or more
108,000 to 121,000 USD
78,800 USD or less
78,800 to 108,000 USD
 69,600 USD |
122,000 USD |
205,000 USD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Pharmacist in Maryland range from 69,600 USD (starting salary) to 205,000 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 122,000 USD, half of the professionals who work as Pharmacist in Maryland 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 Maryland earn less than 101,000 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 138,000 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 Maryland compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 78,800 USD to 108,000 USD. About 20% of salaries are below the 78,800 USD mark, while 10% fall within the range of 108,000 USD to 121,000 USD. Only 5% of individuals have salaries exceeding 121,000 USD.
Salary Comparison by Years of Experience / Pharmacist / Maryland
How do experience and age affect pay?
| 0 - 2 Years | 79,000 USD | |
| 2 - 5 Years | +34% | 106,000 USD |
| 5 - 10 Years | +30% | 138,000 USD |
| 10 - 15 Years | +21% | 167,000 USD |
| 15 - 20 Years | +9% | 182,000 USD |
| 20+ Years | +5% | 192,000 USD |
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.
Employees with less than two years of experience earn approximately 79,000 USD.
While someone with an experience level between two and five years is expected to earn 106,000 USD, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 138,000 USD, 30% 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 167,000 USD, 21% 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 182,000 USD, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 192,000 USD, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Pharmacist / Maryland
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 | 111,000 USD | |
| Master's Degree | +39% | 155,000 USD |
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 111,000 USD.
Level 2: Master's Degree
At this level, the average salary becomes 155,000 USD, 39% 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 and Compensation Comparison By Gender / Pharmacist / Maryland
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 |
Salary Comparison By Gender in United States for all Careers
Average Annual Salary Increment Percentage / Pharmacist / Maryland
How much are annual salary increments in Maryland 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.
United States / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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?
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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 BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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 / Maryland
64 USD per hourThe average hourly wage (pay per hour) for individuals working as Pharmacist in Maryland is 64 USD.This is the rate they get paid for every worked hour.
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 Maryland is 33 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 Title | Average Salary |
| Pharmaceutical and Biotechnology |  -100% | |
| Assistant Pharmacist | 82,900 USD | -38% |
| Assistant Pharmacy Director | 158,000 USD |  +18% |
| Associate Medical Affairs Director | 224,000 USD | +67% |
| Bioethics Specialist | 117,000 USD | -13% |
| Biofabrication Specialist | 118,000 USD | -12% |
| Bioinformatics Scientist | 198,000 USD | +48% |
| Bioinformatics Technician | 90,300 USD | -33% |
| Biological Scientist | 208,000 USD | +55% |
| Biological Technician | 87,900 USD | -34% |
| Biomanufacturing Technician | 108,000 USD | -19% |
| Biomarker Scientist | 145,000 USD | +8% |
| Biomedical Electronics Technician | 83,100 USD | -38% |
| Biomedical Engineer | 84,300 USD | -37% |
| Biomedical Engineering Director | 161,000 USD | +20% |
| Bioprocess Engineer | 106,000 USD | -21% |
| Biostatistician | 129,000 USD | -4% |
| Biotechnologist | 129,000 USD | -4% |
| Biotechnology Lead Data Manager | 107,000 USD | -20% |
| Cell Therapy Scientist | 185,000 USD | +38% |
| Chemical Process Technician | 91,700 USD | -31% |
| Clinical Consultant | 128,000 USD | -4% |
| Clinical Data Manager | 137,000 USD | +2% |
| Clinical Data Specialist | 124,000 USD | -7% |
| Clinical Informatics Specialist | 96,400 USD | -28% |
| Clinical Operations Manager | 184,000 USD | +38% |
| Clinical Pharmacist | 131,000 USD | -2% |
| Clinical Pharmacy Specialist | 155,000 USD | +16% |
| Clinical Programmer | 71,100 USD | -47% |
| Clinical Project Manager | 124,000 USD | -7% |
| Clinical Research Associate | 115,000 USD | -14% |
| Clinical Research Manager | 188,000 USD | +41% |
| Clinical Study Manager | 164,000 USD | +23% |
| Clinical Trials Compliance Officer | 223,000 USD | +67% |
| Compliance Specialist | 132,000 USD | -1% |
| Computational Chemist | 161,000 USD | +20% |
| Cytology Laboratory Technologist | 109,000 USD | -19% |
| Cytotechnologist | 107,000 USD | -20% |
| Digital Biomarker Developer | 129,000 USD | -4% |
| Digital Health Specialist | 119,000 USD | -11% |
| Drug Safety Specialist | 146,000 USD | +9% |
| GCP Auditor | 111,000 USD | -17% |
| Gene Editing Compliance Officer | 156,000 USD | +17% |
| Gene Editing Specialist | 137,000 USD | +2% |
| Gene Therapy Researcher | 143,000 USD | +7% |
| Hospital Pharmacy Technician | 97,100 USD | -27% |
| Manufacturing Engineer | 106,000 USD | -21% |
| Medical 3D Printing Specialist | 102,000 USD | -24% |
| Medical Affairs Director | 201,000 USD | +50% |
| Medical Device Compliance Specialist | 133,000 USD | -1% |
| Medical Device Data Analyst | 125,000 USD | -7% |
| Medical Device Designer | 121,000 USD | -10% |
| Medical Representative | 84,100 USD | -37% |
| Medical Science Liaison | 155,000 USD | +16% |
| Medical Technology Writer | 93,600 USD | -30% |
| Molecular and Cellular Biologist | 217,000 USD | +62% |
| Nuclear Pharmacist | 128,000 USD | -4% |
| Pharmaceutical Compliance Auditor | 182,000 USD | +36% |
| Pharmaceutical Manager | 238,000 USD | +78% |
| Pharmaceutical Manufacturing Lead | 249,000 USD | +86% |
| Pharmaceutical Operations Excellence Manager | 210,000 USD | +57% |
| Pharmaceutical Process Engineer | 115,000 USD | -14% |
| Pharmaceutical Production Assistant Manager | 150,000 USD | +12% |
| Pharmaceutical Project Manager | 132,000 USD | -1% |
| Pharmaceutical Quality Auditor | 149,000 USD | +11% |
| Pharmaceutical Regulatory Affairs Assistant | 104,000 USD | -22% |
| Pharmaceutical Regulatory Affairs Manager | 140,000 USD | +5% |
| Pharmaceutical Regulatory Affairs Specialist | 114,000 USD | -15% |
| Pharmaceutical Representative | 87,200 USD | -35% |
| Pharmaceutical Research Associate | 129,000 USD | -4% |
| Pharmaceutical Research Scientist | 201,000 USD | +50% |
| Pharmaceutical Researcher | 197,000 USD | +47% |
| Pharmaceutical Sales and Marketing Manager | 164,000 USD | +23% |
| Pharmaceutical Sales Manager | 181,000 USD | +35% |
| Pharmaceutical Sales Representative | 90,400 USD | -32% |
| Pharmaceutical Supply Chain Manager | 194,000 USD | +45% |
| Pharmaceutical Team Leader | 143,000 USD | +7% |
| Pharmaceutical Technologist | 97,200 USD | -27% |
| Pharmacist | 134,000 USD | +0% |
| Pharmacogenomics Expert | 146,000 USD | +9% |
| Pharmacovigilance Analyst | 141,000 USD | +5% |
| Pharmacy Aide | 89,500 USD | -33% |
| Pharmacy Manager | 187,000 USD | +40% |
| Pharmacy Stock Controller | 73,400 USD | -45% |
| Pharmacy Technician | 78,800 USD | -41% |
| Precision Medicine Compliance Analyst | 150,000 USD | +12% |
| Precision Medicine Specialist | 139,000 USD | +4% |
| Records Management Coordinator | 70,100 USD | -48% |
| Shift Encapsulator | 76,500 USD | -43% |
| Staff Pharmacist | 133,000 USD | -1% |
| Synthetic Biologist | 159,000 USD | +19% |
| Telepharmacy Technician | 78,100 USD | -42% |
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 |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Pharmacist in Maryland?
A good and competitive compensation would range anywhere between 122,000 USD and 138,000 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 Maryland ranges from 69,600 USD to 101,000 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
