Pharmacist Hourly Pay in Germantown, TN: $63.31 (2026)
Quick Answer:Hourly pay for a pharmacist working in Germantown, TN runs $63.31 at the median for 2026 — annualizing to $131,684 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-1051). Weighted against Germantown's regional price level (BEA RPP 91.8, 8% below national), each hour of work buys what $68.96 nationally would. A 24-hour part-time schedule grosses $79,008 per year.
Based on BLS state-level estimates · View source
In Germantown, Tennessee, the projected median pharmacist hourly pay is $63.31, which reflects some divergence from the national median of $68.99. This disparity highlights the economic factors at play within the region, allowing for insight into the opportunities available for part-time and per-diem workers. Pharmacists in various settings—including retail pharmacies, hospital inpatient pharmacies, specialty pharmacies, and ambulatory care clinics—can expect to earn between $43.97 and $77.99 per hour. This range indicates a healthy earning potential, particularly for experienced pharmacists working in high-demand areas or specialized fields. For those pursuing part-time roles, such as a three-day work week, the attractive hourly pay can support a balanced lifestyle while still providing significant income, given the estimated figures based on annual salary data.
About the Germantown Market
Salary estimated from Tennessee average ($128,000) adjusted for local cost of living.
Pharmacist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $43.97 | $351.76 |
| Lower Range (P25) | $60.90 | $487.24 |
| Median (P50) | $63.31 | $506.46 |
| Upper Range (P75) | $73.14 | $585.16 |
| Top Earners (P90) | $77.99 | $623.93 |
Estimated Annual Income by Work Schedule in Germantown
Based on $63.31/hr median hourly rate · 2026 est.
At $63.31/hr, a pharmacist working full-time (40 hr/wk) in Germantown, TN can expect to earn approximately $131,680 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $75,969. With a cost-of-living index of 91.80 (below the national average), these earnings stretch further in Germantown.
Hourly Rate Calculator
Schedule Comparison in Germantown
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,532.31 | $10,973 | $131,680 |
| Part-Time (24 hrs) | $1,519.39 | $6,584 | $79,008 |
| Per Diem (16 hrs) | $1,012.92 | $4,389 | $52,672 |
Compare PharmD Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Pharmacist (Germantown) | $63.31 |
| Pharmacy Technician (National Avg) | $19.27 |
| Registered Nurse (National Avg) | $42.80 |
| Physician Assistant (National Avg) | $63.17 |
| Nurse Practitioner (National Avg) | $60.81 |
Pharmacists in Germantown, TN earn a median of $131,684 per year (2026 est.), which is 8.23% lower than the national median of $143,489 and 2.70% below the Tennessee state average of $135,338.
Pharmacist Hourly Pay vs. Cost of Living
Working 24h/week at $63.31/hr = $79,008/year (purchasing power: $86,065).
Working 40h/week (full-time) = $131,680/year (purchasing power: $143,442).
CoL index: 91.8 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$56.51/hr
2025 BLS Actual
$62.17/hr
2026 Current Est.
$63.31/hr
2019–2027 Growth
+14.1%
Hourly Rate Trajectory for Pharmacists in Germantown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $56.51/hr | Actual |
| 2020 | $56.79/hr | Actual |
| 2021 | $56.73/hr | Actual |
| 2022 | $58.57/hr | Actual |
| 2023 | $60.02/hr | Actual |
| 2024 | $54.98/hr | Actual |
| 2025 | $62.17/hr | Actual |
| 2026(current) | $63.31/hr | Estimated |
| 2027 | $64.47/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for pharmacists in Germantown grew 10.0% from $56.51/hr (2019) to $62.17/hr (2025). At a 1.83% projected growth rate, hourly pay is expected to reach $64.47/hr by 2027. Part-time and per-diem pharmacists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Germantown 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.
Working as an Hourly Pharmacist in Germantown
Examining the dynamics of pharmacist employment in Germantown reveals interesting earning patterns depending on work structure and employer type. Part-time pharmacists, clocking in at around 24 hours per week, can bring home approximately $78,652 annually, significantly less than their full-time counterparts. For those considering per-diem pharmacist pay in Germantown, retail positions typically command between $55 to $75 per hour, while hospital clinical roles may offer $60 to $85 per hour, with specialty pharmacy positions yielding even higher rates of $70 to $95. Despite these lucrative potential hourly payments, some pharmacists might opt for slightly lower rates in exchange for dependable health benefits that come with full-time positions. With the evolving market landscape—shaped by retail chain consolidations and shifts toward hospital and specialty pharmacy roles—negotiation strategies revolving around the offer of competitive hourly pay are essential for optimizing one’s career prospects in the Germantown area.
More salary data for Germantown, TN:
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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 1.83% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for pharmacists in Germantown. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Germantown 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