Pharmacist Salary in Palm Bay, FL: $136,523 (2026)
Quick Answer:A full-time pharmacist in Palm Bay, FL earns a median $136,523/year (≈ $65.64/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1051). Once you factor in Palm Bay's price level (0% above national, BEA RPP 100.0), that paycheck buys what $136,516 would nationally. Nominal pay sits 0.6% below the Florida state average.
Official BLS data · View source
In 2026, pharmacists working in Palm Bay, Florida, can expect to earn a median annual salary of $136,523, reflecting a competitive compensation level compared to the national average of $143,489. The salary range varies significantly, with the lowest-paid pharmacists earning around $103,184 and those at the top end receiving as much as $165,922. This data is based on 2025 BLS OEWS surveys and highlights important distinctions within the field. Pharmacists in dedicated clinical positions, such as hospital specialists, typically earn more than retail pharmacists, particularly those serving as pharmacy-in-charge (PIC) or entry-level staff. Such disparities indicate that different practice settings can significantly influence pharmacist pay in Palm Bay, an essential consideration for professionals entering this dynamic job market.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $103,184 | $49.61 |
| Lower Range (P25) | $127,094 | $61.10 |
| Median (P50)(typical) | $136,523 | $65.64 |
| Upper Range (P75) | $156,716 | $75.34 |
| Top Earners (P90) | $165,922 | $79.77 |
Median Salary Position
4.85% below the national average
2026 Salary Percentile Distribution in Palm Bay
In Palm Bay, FL, the pharmacist salary spread from the 10th to 90th percentile is $62,738 (2026 est.). At $136,523, the local median is 4.85% below the national median of $143,489.
Salary Calculator
At 40 hours/week in Palm Bay: You'd be above the median
How Palm Bay Pharmacist Pay Compares
Palm Bay median: $136,523/year (2026)
| Compared To | Median Salary | Palm Bay Pays |
|---|---|---|
| Florida Average | $137,348 | -0.60% less |
| National Average | $143,489 | -4.85% less |
Pharmacists in Palm Bay, FL earn a median of $136,523 per year (2026 est.), which is 4.85% lower than the national median of $143,489 and 0.60% below the Florida state average of $137,348.
Cost-of-Living Adjusted Salary
Palm Bay has a cost of living 0.00% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Palm Bay, FL has a cost-of-living index of 100.005 (above the national average of 100). While the nominal salary of $136,523 is competitive, the higher cost of living reduces purchasing power to an effective $136,516 — a 0.01% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$125,220
2025 BLS Actual
$134,070
2026 Current Est.
$136,523
2019–2027 Growth
+11.0%
Salary Trajectory for Pharmacists in Palm Bay (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $125,220 | Actual |
| 2020 | $128,020 | Actual |
| 2021 | $128,180 | Actual |
| 2022 | $127,940 | Actual |
| 2023 | $134,500 | Actual |
| 2024 | $139,910 | Actual |
| 2025 | $134,070 | Actual |
| 2026(current) | $136,523 | Estimated |
| 2027 | $139,022 | Projected |
Based on 7 years of BLS OEWS data for the Palm Bay metropolitan area, the median pharmacist salary grew 7.1% from $125,220 (2019) to $134,070 (2025). At a 1.83% compound annual growth rate, salaries are projected to reach $139,022 by 2027 — a total increase of $13,802 (11.02%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Palm Bay 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $103,184 – $127,094 |
| 3-5 years (Mid Career) | $127,094 – $136,523 |
| 5+ years (Experienced) | $136,523 – $156,716 |
| 10+ years (Top Earner) | $156,716 – $165,922 |
PharmD salary ranges estimated from BLS percentile data. Individual pharmacist compensation varies by employer, certifications, and specialization.
Pharmacist Job Market in Palm Bay
The local job market in Palm Bay supports approximately 470 pharmacists, providing a variety of opportunities consistent with a cost-of-living index of 100.005, which aligns closely with national averages. However, this index suggests that the purchasing power for pharmacists could require careful financial planning, particularly as the retail pharmacy sector faces possible consolidation alongside the expansion in hospital and specialty pharmacy roles. Employers like CVS, Walgreens, and hospital inpatient pharmacies can be lucrative options, yet the diverse range of settings—from mail-order operations to ambulatory care clinics—offers different pay scales. Factors such as residency training, certifications from organizations like BPS, shift differentials, and the market impact of chain consolidations all contribute to the variability in salaries within Palm Bay. To capture the best opportunities in this competitive landscape, candidates should emphasize specialized training, seek out roles with the highest demand, and consider negotiating additional compensation for certifications and advanced training.
More salary data for Palm Bay, FL:
Frequently Asked Questions
How much do pharmacists make in Palm Bay, FL in 2026?
Is Palm Bay, FL a good place to work as a pharmacist?
Can pharmacists make $100K in Palm Bay?
What is the cost-of-living adjusted pharmacist salary in Palm Bay?
How much does a pharmacist make per hour in Palm Bay?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Florida
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
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 BLS reported a median annual salary of $134,070 for pharmacistsin the Palm Bay metropolitan area. A 1.83% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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