Pharmacist Salary in Towson, MD: $140,092 (2026)
Quick Answer:A full-time pharmacist in Towson, MD earns a median $140,092/year (≈ $67.35/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1051). Once you factor in Towson's price level (9% above national, BEA RPP 109.3), that paycheck buys what $128,172 would nationally. Nominal pay sits 10.7% below the Maryland state average.
Based on BLS state-level estimates · View source
Pharmacists in Towson, Maryland, can expect to earn a median annual salary of $140,092 in 2026, a figure that slightly lags behind the national median of $143,489 for the same year. The salary range highlights the significant variance in pay within the profession, with entry-level positions starting at approximately $103,958 and experienced pharmacists earning up to $175,515 annually. These figures are based on estimates derived from 2025 BLS data, adjusted for regional cost factors specific to Towson, MD. The division within the pharmacist role—ranging from clinical specialists in hospital settings to retail pharmacists—plays a crucial role in determining compensation. Clinical specialists often command higher salaries compared to retail pharmacists, particularly those in management positions, reflecting the complexity and specialization required in their roles.
About the Towson Market
Salary estimated from Maryland average ($135,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $103,958 | $49.98 |
| Lower Range (P25) | $131,513 | $63.23 |
| Median (P50)(typical) | $140,092 | $67.35 |
| Upper Range (P75) | $163,327 | $78.52 |
| Top Earners (P90) | $175,515 | $84.39 |
Median Salary Position
2.37% below the national average
2026 Salary Percentile Distribution in Towson
In Towson, MD, the pharmacist salary spread from the 10th to 90th percentile is $71,557 (2026 est.). At $140,092, the local median is 2.37% below the national median of $143,489.
Salary Calculator
At 40 hours/week in Towson: You'd be above the median
How Towson Pharmacist Pay Compares
Towson median: $140,092/year (2026)
| Compared To | Median Salary | Towson Pays |
|---|---|---|
| Maryland Average | $156,877 | -10.70% less |
| National Average | $143,489 | -2.37% less |
Pharmacists in Towson, MD earn a median of $140,092 per year (2026 est.), which is 2.37% lower than the national median of $143,489 and 10.70% below the Maryland state average of $156,877.
Cost-of-Living Adjusted Salary
Towson has a cost of living 9.30% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Towson, MD has a cost-of-living index of 109.3 (above the national average of 100). While the nominal salary of $140,092 is competitive, the higher cost of living reduces purchasing power to an effective $128,172 — a 8.51% reduction.
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2019 BLS Actual
$125,058
2025 BLS Actual
$137,574
2026 Current Est.
$140,092
2019–2027 Growth
+14.1%
Salary Trajectory for Pharmacists in Towson (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $125,058 | Actual |
| 2020 | $125,663 | Actual |
| 2021 | $125,526 | Actual |
| 2022 | $129,607 | Actual |
| 2023 | $132,810 | Actual |
| 2024 | $145,513 | Actual |
| 2025 | $137,574 | Actual |
| 2026(current) | $140,092 | Estimated |
| 2027 | $142,655 | Projected |
Based on 7 years of BLS OEWS data for the Towson metropolitan area, the median pharmacist salary grew 10.0% from $125,058 (2019) to $137,574 (2025). At a 1.83% compound annual growth rate, salaries are projected to reach $142,655 by 2027 — a total increase of $17,597 (14.07%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Towson 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) | $103,958 – $131,513 |
| 3-5 years (Mid Career) | $131,513 – $140,092 |
| 5+ years (Experienced) | $140,092 – $163,327 |
| 10+ years (Top Earner) | $163,327 – $175,515 |
PharmD salary ranges estimated from BLS percentile data. Individual pharmacist compensation varies by employer, certifications, and specialization.
Pharmacist Job Market in Towson
The local job market in Towson contains approximately 11 employed pharmacists, indicating a relatively niche market. With a cost-of-living index of 109.3, pharmacists should consider how local salaries impact overall purchasing power. The highest paying opportunities typically arise within hospital inpatient pharmacies and specialty pharmacy roles, such as those offered by Accredo or CVS Specialty, while retail chains like CVS and Walgreens may offer lower compensation for standard staff positions. Factors influencing the wide pay range include additional credentials like board certifications, shift differentials for less desirable hours, and the impact of retail chain layoffs and consolidations post-2024. To maximize salary in Towson, prospective pharmacists should consider pursuing board certifications, exploring advanced practice roles, and acquiring residency training, as these qualifications are increasingly favored by employers in both hospital and specialty pharmacy settings.
More salary data for Towson, MD:
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
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 $137,574 for pharmacistsin the Towson 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
Salary data for Towson 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