Pharmacist Salary in Lake Oswego, OR: $164,222 (2026)
Quick Answer:A full-time pharmacist in Lake Oswego, OR earns a median $164,222/year (≈ $78.95/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1051). Once you factor in Lake Oswego's price level (3% above national, BEA RPP 102.6), that paycheck buys what $160,060 would nationally. Nominal pay sits 2.1% below the Oregon state average.
Based on BLS state-level estimates · View source
In 2026, pharmacists in Lake Oswego, Oregon can anticipate a median annual salary of $164,222, significantly above the national median of $143,489. The salary range reflects a diverse market, with lower earners making around $115,622, while top-tier positions reach up to $194,020. This projected compensation structure is influenced by various factors, including the distinction between hospital clinical specialists, retail pharmacy managers, and retail staff roles, which lead to different pay scales. Pharmacist pay in Lake Oswego OR demonstrates a healthy estimation based on 2025 BLS data, adjusted for local cost factors, indicating a vibrant job market for this profession in the region.
About the Lake Oswego Market
Salary estimated from Oregon average ($142,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $115,622 | $55.59 |
| Lower Range (P25) | $149,137 | $71.70 |
| Median (P50)(typical) | $164,222 | $78.95 |
| Upper Range (P75) | $184,685 | $88.80 |
| Top Earners (P90) | $194,020 | $93.28 |
Median Salary Position
14.45% above the national average
2026 Salary Percentile Distribution in Lake Oswego
In Lake Oswego, OR, the pharmacist salary spread from the 10th to 90th percentile is $78,398 (2026 est.). At $164,222, the local median is 14.45% above the national median of $143,489.
Salary Calculator
At 40 hours/week in Lake Oswego: You'd be above the median
How Lake Oswego Pharmacist Pay Compares
Lake Oswego median: $164,222/year (2026)
| Compared To | Median Salary | Lake Oswego Pays |
|---|---|---|
| Oregon Average | $167,745 | -2.10% less |
| National Average | $143,489 | +14.45% more |
Pharmacists in Lake Oswego, OR earn a median of $164,222 per year (2026 est.), which is 14.45% higher than the national median of $143,489 and 2.10% below the Oregon state average of $167,745.
Cost-of-Living Adjusted Salary
Lake Oswego has a cost of living 2.60% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lake Oswego, OR has a cost-of-living index of 102.6 (above the national average of 100). While the nominal salary of $164,222 is competitive, the higher cost of living reduces purchasing power to an effective $160,060 — a 2.53% reduction.
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2019 BLS Actual
$146,599
2025 BLS Actual
$161,271
2026 Current Est.
$164,222
2019–2027 Growth
+14.1%
Salary Trajectory for Pharmacists in Lake Oswego (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $146,599 | Actual |
| 2020 | $147,308 | Actual |
| 2021 | $147,148 | Actual |
| 2022 | $151,932 | Actual |
| 2023 | $155,686 | Actual |
| 2024 | $142,616 | Actual |
| 2025 | $161,271 | Actual |
| 2026(current) | $164,222 | Estimated |
| 2027 | $167,228 | Projected |
Based on 7 years of BLS OEWS data for the Lake Oswego metropolitan area, the median pharmacist salary grew 10.0% from $146,599 (2019) to $161,271 (2025). At a 1.83% compound annual growth rate, salaries are projected to reach $167,228 by 2027 — a total increase of $20,629 (14.07%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lake Oswego 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) | $115,622 – $149,137 |
| 3-5 years (Mid Career) | $149,137 – $164,222 |
| 5+ years (Experienced) | $164,222 – $184,685 |
| 10+ years (Top Earner) | $184,685 – $194,020 |
PharmD salary ranges estimated from BLS percentile data. Individual pharmacist compensation varies by employer, certifications, and specialization.
Pharmacist Job Market in Lake Oswego
With only eight pharmacists currently employed in Lake Oswego, the local job market presents a unique dynamic, juxtaposed with a cost-of-living index of 102.6; this means that while salaries are substantial, purchasing power may not stretch as far as anticipated. To maximize earning potential, pharmacists might consider diving into roles within specialty pharmacies or hospital settings, where compensation tends to be higher than in retail chains like CVS or Walgreens. Factors driving pay disparities include board certification stipends and shift differentials for high-demand hours, as well as potential impacts from the recent consolidation of retail chains which could affect job stability. For those seeking to boost their salaries, obtaining additional certifications or pursuing a PGY-1 residency can significantly enhance their market value in the competitive Lake Oswego landscape.
More salary data for Lake Oswego, OR:
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 $161,271 for pharmacistsin the Lake Oswego 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 Lake Oswego 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