Pharmacist Salary in Troy, NY: $141,979 (2026)
Quick Answer:A full-time pharmacist in Troy, NY earns a median $141,979/year (≈ $68.26/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1051). Once you factor in Troy's price level (16% above national, BEA RPP 115.9), that paycheck buys what $122,501 would nationally. Nominal pay sits 0.5% below the New York state average.
Based on BLS state-level estimates · View source
In 2026, pharmacists in Troy, NY, are projected to earn a median annual salary of $141,979, slightly below the national median of $143,489. The local salary range varies significantly, from $99,380 at the 10th percentile to $175,949 at the 90th percentile, indicating diverse opportunities across different practice settings. These figures, derived from 2025 BLS data and adjusted for regional price disparities, highlight the financial landscape for pharmacists in Troy while emphasizing how specialized roles, particularly for those with PGY-1 residencies, can command higher compensation. With only 11 pharmacists employed locally, the job market looks competitive, and candidates must differentiate themselves to secure higher-paying positions.
About the Troy Market
Salary estimated from New York average ($142,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $99,380 | $47.78 |
| Lower Range (P25) | $128,801 | $61.92 |
| Median (P50)(typical) | $141,979 | $68.26 |
| Upper Range (P75) | $163,933 | $78.82 |
| Top Earners (P90) | $175,949 | $84.59 |
Median Salary Position
1.05% below the national average
2026 Salary Percentile Distribution in Troy
In Troy, NY, the pharmacist salary spread from the 10th to 90th percentile is $76,569 (2026 est.). At $141,979, the local median is 1.05% below the national median of $143,489.
Salary Calculator
At 40 hours/week in Troy: You'd be above the median
How Troy Pharmacist Pay Compares
Troy median: $141,979/year (2026)
| Compared To | Median Salary | Troy Pays |
|---|---|---|
| New York Average | $142,692 | -0.50% less |
| National Average | $143,489 | -1.05% less |
Pharmacists in Troy, NY earn a median of $141,979 per year (2026 est.), which is 1.05% lower than the national median of $143,489 and 0.50% below the New York state average of $142,692.
Cost-of-Living Adjusted Salary
Troy has a cost of living 15.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Troy, NY has a cost-of-living index of 115.9 (above the national average of 100). While the nominal salary of $141,979 is competitive, the higher cost of living reduces purchasing power to an effective $122,501 — a 13.72% reduction.
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2019 BLS Actual
$126,742
2025 BLS Actual
$139,427
2026 Current Est.
$141,979
2019–2027 Growth
+14.1%
Salary Trajectory for Pharmacists in Troy (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $126,742 | Actual |
| 2020 | $127,355 | Actual |
| 2021 | $127,217 | Actual |
| 2022 | $131,353 | Actual |
| 2023 | $134,598 | Actual |
| 2024 | $166,158 | Actual |
| 2025 | $139,427 | Actual |
| 2026(current) | $141,979 | Estimated |
| 2027 | $144,577 | Projected |
Based on 7 years of BLS OEWS data for the Troy metropolitan area, the median pharmacist salary grew 10.0% from $126,742 (2019) to $139,427 (2025). At a 1.83% compound annual growth rate, salaries are projected to reach $144,577 by 2027 — a total increase of $17,835 (14.07%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Troy 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) | $99,380 – $128,801 |
| 3-5 years (Mid Career) | $128,801 – $141,979 |
| 5+ years (Experienced) | $141,979 – $163,933 |
| 10+ years (Top Earner) | $163,933 – $175,949 |
PharmD salary ranges estimated from BLS percentile data. Individual pharmacist compensation varies by employer, certifications, and specialization.
Pharmacist Job Market in Troy
As of 2026, the cost of living in Troy stands at an index of 115.9, signaling that while salaries appear robust, purchasing power is somewhat constrained by higher living expenses. Local employment dynamics show that hospitals and specialty pharmacies tend to offer the highest pay, compared to retail pharmacy chains like CVS or Walgreens. The growing demand for hospital clinical specialists and specialty roles can drive earnings higher, propelled by factors such as board certification stipends and shift differentials in retail settings. To maximize pharmacist pay in Troy, aspiring candidates might consider pursuing board certifications or additional training in specialty pharmacy areas, while also remaining vigilant as recent retail chain consolidation may shift job availability and compensation structures in the near future.
More salary data for Troy, NY:
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 $139,427 for pharmacistsin the Troy 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 Troy 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