If you’re considering a career as a pharmacy technician you’re probably wondering how much money you can expect to make. Here’s a look at the average pharmacy technician salary in the United States, as well as some factors that can affect your earnings.
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pharmacy technicians are in high demand and earn a good wage. The median annual salary for pharmacy techs was $32,700 in May 2019, according to the U.S. Bureau of Labor Statistics (BLS). That’s much higher than the median salary for all occupations of $39,810. And, job prospects for pharmacy techs are expected to be very good in the next decade. The BLS projects that employment of pharmacy techs will grow by 12% from 2018 to 2028 – much faster than the average for all occupations.
How Much Do Pharmacy Techs Make?
The median annual wage for pharmacy technicians was $32,700 in May 2019.1 Employment of pharmacy technicians is projected to grow 7 percent from 2019 to 2029, faster than the average for all occupations.1,2 As the number of prescriptions filled annually in the United States is expected to increase, so will the need for pharmacy technicians to help dispense these medications.1 Some pharmacy technicians may gain experience and be promoted to supervisory or managerial positions.
National Average Salary for Pharmacy Techs
According to the Bureau of Labor Statistics, the average salary for a pharmacy technician was $32,700 in 2015. The lowest 10 percent of earners made less than $21,490, and the highest 10 percent earned more than $46,610. Salaries vary depending on experience, education, location and employer.
Salary by State
In order to become a pharmacy technician, one must first complete a pharmacy technician training program and pass a certification exam. After becoming certified, individuals can start their career by finding a job in a retail setting, hospital, or nursing home. The Bureau of Labor Statistics (BLS) reports that the median annual salary for pharmacy technicians was $32,700 in 2018.1
However, salaries for pharmacy techs can vary significantly depending on factors such as geographic location, employer type, and years of experience. For example, the BLS reports that pharmacy technicians working in California earn a median annual salary of $39,590, which is about $7,000 more than the national average.2 Meanwhile, those working in Texas earn a median salary of $33,610 per year.3
Here is a look at the median annual salaries for pharmacy technicians in all 50 states, as reported by the BLS in 2018.4 Keep in mind that these figures represent statewide averages and actual salaries may be higher or lower depending on the specific city or county where you work.
District of Columbia: $41510
Factors That Affect How Much Pharmacy Techs Make
The amount of money that pharmacy techs make can vary based on a number of factors. These include the type of employer, the location, the size of the pharmacy, and the experience of the pharmacy tech. In general, pharmacy techs can expect to make a pretty good wage.
Education is one of the most important factors in determining how much pharmacy technicians make. In general, the more education and training a pharmacy tech has, the higher their salary will be. Many employers prefer to hire pharmacy techs who have completed a formal training program, and some states even require certification. Certification shows that a pharmacy tech is knowledgeable about the job and has the skills needed to perform it effectively.
Pharmacy technicians who earn certification can make themselves more attractive to employers and earn a higher wage. Certification is not required in all states, but employers may prefer to hire candidates who have it. The Pharmacy Technician Certification Board (PTCB) and the National Healthcare Association (NHA) offer certification exams for pharmacy technicians. Candidates must have a high school diploma or equivalent and complete a training program before taking the exam. Those who pass the exam receive a certification that is good for two years.
As a pharmacy technician, you can expect to earn a decent wage. Most techs start out making between $9 and $13 per hour, and experienced technicians can earn up to $21 per hour However, there are a number of factors that can affect how much money you make as a pharmacy tech.
One of the most important factors is your level of experience. As a general rule, the more experience you have, the more you’ll be paid. This is because experienced pharmacy technicians are in high demand and are able to command higher salaries. If you’re just starting out, you can expect to make at the lower end of the spectrum. But don’t worry – as you gain more experience, your pay will increase as well.
Another factor that can affect your salary is your location. Pharmacy technicians in big cities tend to make more money than those who live in small towns or rural areas. This is because there is more demand for pharmacy technicians in urban areas, and employers are willing to pay top dollar to attract and retain qualified employees. If you live in an area with a higher cost of living, you can also expect to earn a higher salary.
Finally, your employer may also offer bonuses or other incentives that can boost your earnings. For example, many employers offer shift differentials for evening or night shifts, which can add a few dollars to your hourly rate. And if you have specialized skills or training, you may be able to negotiate a higher salary when you’re first hired or during annual reviews.
One of the most significant factors that affect how much pharmacy techs make is location. Techs who live and work in metropolitan areas tend to make more than those who work in rural areas. This is due to the higher cost of living in urban areas as well as the greater demand for pharmacy techs in these areas.
In conclusion, pharmacy techs make a good salary, with the potential to earn more as they gain experience. The job outlook for pharmacy technicians is positive, with a projected growth of 20% from 2018 to 2028. With the growing demand for pharmaceutical services, pharmacy technicians will continue to be in high demand.