Pharmacist Salary in Richardson, TX: $142,441 (2026)
Quick Answer:A full-time pharmacist in Richardson, TX earns a median $142,441/year (≈ $68.48/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1051). Once you factor in Richardson's price level (4% below national, BEA RPP 96.0), that paycheck buys what $148,376 would nationally. Nominal pay sits 1.2% above the Texas state average.
Based on BLS state-level estimates · View source
The pharmacist salary in Richardson is projected to be a notable $142,441 in 2026, with a salary range that spans from $93,852 at the lower end (P10) to as high as $174,612 at the upper end (P90). These figures, derived from BLS state-level data and adjusted for regional cost factors, reflect the impact of the diverse pharmacy settings in the area. Pharmacists in hospital environments often earn higher wages compared to retail pharmacy positions, which can influence compensation dynamics. As Richardson's job market continues to evolve, the distinctions in pay based on practice settings highlight the potential for advanced clinical roles to command premium salaries amidst changes in the retail landscape.
About the Richardson Market
Salary estimated from Texas average ($132,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $93,852 | $45.12 |
| Lower Range (P25) | $133,457 | $64.16 |
| Median (P50)(typical) | $142,441 | $68.48 |
| Upper Range (P75) | $163,313 | $78.51 |
| Top Earners (P90) | $174,612 | $83.95 |
Median Salary Position
0.73% below the national average
2026 Salary Percentile Distribution in Richardson
In Richardson, TX, the pharmacist salary spread from the 10th to 90th percentile is $80,760 (2026 est.). At $142,441, the local median is 0.73% below the national median of $143,489.
Salary Calculator
At 40 hours/week in Richardson: You'd be above the median
How Richardson Pharmacist Pay Compares
Richardson median: $142,441/year (2026)
| Compared To | Median Salary | Richardson Pays |
|---|---|---|
| Texas Average | $140,752 | +1.20% more |
| National Average | $143,489 | -0.73% less |
Pharmacists in Richardson, TX earn a median of $142,441 per year (2026 est.), which is 0.73% lower than the national median of $143,489 and 1.20% above the Texas state average of $140,752.
Cost-of-Living Adjusted Salary
Richardson has a cost of living 4.00% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Richardson, TX has a cost-of-living index of 96 (below the national average of 100). A pharmacist earning $142,441 nominally has purchasing power equivalent to $148,376 in an average-cost city — an effective 4.17% boost.
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2019 BLS Actual
$127,155
2025 BLS Actual
$139,881
2026 Current Est.
$142,441
2019–2027 Growth
+14.1%
Salary Trajectory for Pharmacists in Richardson (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $127,155 | Actual |
| 2020 | $127,770 | Actual |
| 2021 | $127,631 | Actual |
| 2022 | $131,781 | Actual |
| 2023 | $135,037 | Actual |
| 2024 | $128,289 | Actual |
| 2025 | $139,881 | Actual |
| 2026(current) | $142,441 | Estimated |
| 2027 | $145,047 | Projected |
Based on 7 years of BLS OEWS data for the Richardson metropolitan area, the median pharmacist salary grew 10.0% from $127,155 (2019) to $139,881 (2025). At a 1.83% compound annual growth rate, salaries are projected to reach $145,047 by 2027 — a total increase of $17,892 (14.07%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Richardson 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) | $93,852 – $133,457 |
| 3-5 years (Mid Career) | $133,457 – $142,441 |
| 5+ years (Experienced) | $142,441 – $163,313 |
| 10+ years (Top Earner) | $163,313 – $174,612 |
PharmD salary ranges estimated from BLS percentile data. Individual pharmacist compensation varies by employer, certifications, and specialization.
Pharmacist Job Market in Richardson
With only 24 pharmacists currently employed in Richardson, the local market reflects a unique concentration within the healthcare sector. The cost of living index in the area sits at 96, slightly below the national average, which can enhance the purchasing power of annual salaries for pharmacists. Among local employers, hospital inpatient pharmacies and specialty pharmacies tend to offer the most competitive compensation, particularly for those with board certifications or residency training. The wide pay variance is driven by factors such as shift differentials in retail, which can incentivize night shifts, as well as the ongoing consolidation within retail chains like CVS and Walgreens that may impact job availability and pay scales. To maximize pharmacist pay in Richardson, candidates should consider pursuing advanced certifications, engaging in ongoing professional development, and exploring roles that are less affected by retail market pressures.
More salary data for Richardson, TX:
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 $139,881 for pharmacistsin the Richardson 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 Richardson 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