The pharmacist salary in Colorado is about $122,179 annually.
In Colorado, pharmacy is a very reputable profession that commands a lot of respect and a tangible pay. A pharmacist in Colorado earns up to $122,179 annually and $59.74 hourly.
The job of pharmacists is to dispense prescription medications to the patients and to make sure that they’re being properly used as they should.
Pharmacists Salary across Cities in Colorado
Here is how much salaries pharmacists earn across Colorado cities:
Highest Paying Cities for Pharmacists in Colorado
Pharmacists in Colorado understand that when it comes to earnings, they differ in various states. That’s why it’s important for anyone who wishes to work in this state to know which cities pay the most.
The 10 highest paying cities for pharmacists in Colorado are:
|City||Salary Hourly||Salary Yearly|
Pharmacist Salary Based on Skills in Colorado
Pharmacists in Colorado are paid in relation to the skills they possess. With the right skillset, one can earn $155,000 or more in one year.
It’s important to develop your skills as a pharmacist as it’ll hugely influence your pay.
Pharmacist Salary Based on Experience in Colorado
In the world of pharmacy, experience indeed matters a lot. Colorado pharmacists with just one year experience would only earn a total compensation (including bonuses, tips, and overtime pay) of about $52.04 on average per hour.
One with a good experience of 10-19 years can expect to receive a total average compensation of $65.37 per hour.
10 Highest Paying Companies for Pharmacists in Colorado
Companies in Colorado differ in their paying capabilities. Some can afford to pay pharmacists higher than the others either due to the wealth they have or the value they place on the pharmacists.
The 10 highest paying companies for pharmacists in the State of Colorado:
|Company||Salary Yearly||Salary Hourly|
|1.||Stanford Health Care||$177,694||$85.43|
|2.||Aspen Valley Hospital||$165,172||$79.41|
|8.||Riverside Health System||$139,861||$67.09|
|9.||Children’s Hospital Colorado||$136,302||$65.53|
|10.||Swedish Medical Center||$134,284||$64.56|
10 Highest Paying Jobs for Pharmacists in Colorado
Pharmacists in Colorado are presented with high paying Job opportunities. They include:
- Director Pharmacy: Salary is about $234,832 yearly.
- Manager System Pharmacy 340B: Salary is about $218,441 yearly.
- Informatics Pharmacist Regional: Salary is about $198,140 yearly.
- Pharmacist Specialist Community Connect: Salary is about $198,140 yearly.
- Pharmacist – PRN Position: Salary is about $174,720 yearly.
- Clinical Pharmacist Staff: Salary is about $174,158 yearly.
- Pharmacist PRN: Salary is about $171,828 yearly.
- Pharmacy Clinical Manager (INTERNAL ONLY): Salary is about $170,830 yearly.
- Retail Pharmacist – Pharmacy at Valley View: Salary is about $170,643 each year.
- Pharmacist Clinical Specialist, Denver Health Medical Plan: Salary is about $170,600 yearly.
More Benefits for Pharmacists in the State of Colorado
There are numerous benefits and bonuses available to pharmacists working in Colorado. They include:
- Flexible work hours
Some companies allow their workers to work on a shift basis, choosing what hours of the day they’ll love to work. This benefit is a welcome one for pharmacists.
- Vision insurance
Many companies in Colorado offer to take care of all vision related challenges of their staff which includes the pharmacists.
- Paid housing
Some pharmacists who get employed by top companies are also rewarded with a house where they can live in as they work with the company. Who wouldn’t want a free house?
What Related Job Titles to Pharmacists Earn in Colorado
There are other lucrative jobs in Colorado that are much like pharmacy. You may want to look into those too. They include:
- Regulatory affairs manager
They are responsible for designing and analyzing information in laboratory investigations, trials, and experiments.
For the regulatory affairs manager, the salary is about $107,783 per year.
- Pharmaceutical sales reps
Pharmaceutical sales representatives educate medical professionals on the products of their company and on how their devices, drugs, and treatments can meet the needs of their patients.
Their average earning is $75,327 per year.
- Research scientist
They are tasked with planning and conducting experiments, writing grant proposals, completing funding applications and working alongside support staff and team members.
A good research scientist earns about $107,617 on average yearly.
Pharmacist Job and Salary Outlook in Colorado
In the last five years in Colorado, the salary of pharmacists have grown at nearly 5% and is projected to grow even further in the coming years, even up to 2028.
Employment for pharmacists has also been on a rise at a growth rate of over 13%.
According to the Bureau of Labor Statistics, the employment rate of pharmacists in Colorado will remain marginally positive until 2028, and over 320 job vacancies will be available every year.
How to Increase Your Pay as a Pharmacist in Colorado
To increase your pay as a pharmacist in Colorado, you may need to undergo further training in order to increase your value to your company.
Another good way is to earn a promotion in your workplace. It automatically leads to an increase in salary.
More Career Opportunities for Pharmacists in Colorado
Opportunities available to pharmacists in Colorado are so many, they include:
- Research pharmacy
Research pharmacists are responsible for the development of new drugs and the profiling of their effectiveness, actions, interactions, and side-effects.
In a year, they are paid about $135,200.
- Community pharmacy
Community pharmacists are responsible for informing their customers about what drugs could interact with alcohol or with each other.
They aid in the prevention of troublesome or dangerous or drug combinations or side-effects of medication. They earn about $113,337.
- Veterinary pharmacy
These pharmacists are wholly interested in animals; their well-being and their healthcare, and are very grounded when it comes to animal knowledge. They earn about $132,915.
This article has provided detailed information to help you understand exactly the salary pharmacists should expect to earn in Colorado and guide you towards making the right choice in your career path.
Information sources: glassdoor.com, bls.gov, beckershospitalreview.com, pharmacytechnicianguide.com, indeed.com, pharmapproach.com, salary.com, and payscale.com.