Entry-Level Pharmacist Salary in Beverly, MA: $96,294 (2026)
Quick Answer:New pharmacists entering the Beverly, MA job market in 2026 can expect a starting salary around $96,294 (BLS 10th-percentile benchmark for SOC 29-1051, projected from 2025 OEWS data). Stripping out Beverly's local price level (BEA RPP 108.5 — 9% above national), a first-year paycheck buys what $88,750 would in average-cost America. Most reach the city median ($137,984) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In Beverly, Massachusetts, new graduate pharmacists can expect to find their starting salary around $96,294 in 2026. This figure highlights the gap when compared to the overall median annual salary for pharmacists in the city, which stands at $137,984. A typical growth trajectory for newly licensed pharmacists may see them progressing from the entry-level position at $96,294 to around $130,016 within the first few years as they build experience and expand their skill set. Given the projected annual growth rate of 1.83% and the competitive salaries offered in the metropolitan area, Beverly presents a promising market for new graduates seeking to start their careers in pharmacy.
About the Beverly Market
Salary estimated from Massachusetts average ($148,000) adjusted for local cost of living.
Career Earnings Timeline in Beverly
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Beverly
Entry-level pharmacists in Beverly, MA typically start between $96,294 and $130,016 per year (2026 est.). The full salary range spans $74,221 from the 10th to 90th percentile, with the local median at $137,984 — 3.84% below the national median.
Return on Investment
The average pharmacy program cost in Massachusetts of $195,000 represents just 202.50% of the starting pharmacist pay ($96,294/year) in Beverly. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates based on ACPE-accredited PharmD program data and AACP tuition survey reports. Tuition-only averages; actual costs vary significantly by institution type (public in-state vs. private).
PharmD Salary Negotiation Tips for New Graduates in Beverly
- 1Research the Beverly market: entry-level pharmacist pay ranges from $96,294 to $130,016, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the pharmacy field — employers in MA often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Beverly, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Beverly for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Beverly's moderate cost of living means your starting salary goes further here compared to many larger metro areas.
Pharmacist Compensation Range
The pharmacist wage spread in Beverly is $74,221 ( 77.08%) between entry-level and top earners. Starting at $96,294, experienced hygienists can earn up to $170,515.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$84,191
2025 BLS Actual
$94,563
2026 Current Est.
$96,294
2019–2027 Growth
+16.5%
Salary Trajectory for Pharmacists in Beverly (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $84,191 | Actual |
| 2020 | $81,153 | Actual |
| 2021 | $73,182 | Actual |
| 2022 | $76,144 | Actual |
| 2023 | $85,696 | Actual |
| 2024 | $97,611 | Actual |
| 2025 | $94,563 | Actual |
| 2026(current) | $96,294 | Estimated |
| 2027 | $98,056 | Projected |
Entry-level pharmacist compensation (10th percentile) in Beverly, MA grew 12.3% over 7 years based on actual BLS metropolitan area surveys, rising from $84,191 in 2019 to $94,563 in 2025. By 2027, starting salaries are projected to reach $98,056. New graduates entering the Beverly job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Beverly metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.83% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your pharmacy Career in Beverly
New pharmacists entering the workforce in Beverly should keep in mind important factors that can influence their starting pay and career advancement. Hospitals and healthcare systems typically hire new grads pursuing clinical paths—often supported by a PGY-1 residency program that lasts one year—while retail chain pharmacies, like CVS and Walgreens, represent the primary employers for non-residency graduates, frequently offering sign-on bonuses, though these incentives have recently decreased. Obtaining credentials such as a PharmD from an ACPE-accredited program, passing the NAPLEX and MPJE exams, and acquiring a state pharmacist license are fundamental prerequisites for practice. Furthermore, engaging in continuing education like PGY-1 or PGY-2 residencies and obtaining additional board certifications (such as BCACP or BPS) can boost starting salaries. With the retail pharmacy market contracting and opportunities in hospitals expanding, new pharmacists may experience salary growth over their first three years, developing their roles as vaccinations and point-of-care testing reshape the profession.
More salary data for Beverly, MA:
Frequently Asked Questions
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Written by Sofia Chen, PharmD
Career Analyst
Sofia Chen has 10 years of experience in community pharmacy. She specializes in medication therapy management.
Methodology & Data Source
Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new pharmacy graduates. A 1.83% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Beverly. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Beverly is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.83%, derived from historical BLS wage trends for pharmacists (SOC 29-1051).
Compiled and verified by Sofia Chen, PharmD, a licensed pharmacist with 10+ years of clinical experience. · View source data at BLS.gov