The annual salary statistics of pharmacists in Palm Bay-Melbourne-Titusville, Florida is shown in Table 1. The wage statistics of pharmacists in Palm Bay-Melbourne-Titusville is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $72,280 |
| 25th Percentile Wage | $108,230 |
| 50th Percentile Wage | $127,940 |
| 75th Percentile Wage | $135,500 |
| 90th Percentile Wage | $153,660 |
Table 1 shows the average annual salary for pharmacists in Palm Bay-Melbourne-Titusville, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $153,660. The median (50th percentile) annual salary is $127,940. The average annual salary for the bottom 10 percent earners is $72,280.
The table and chart below show the trend of the median salary of pharmacists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $127,940 | -0.19% | 8.75% |
| 2021 | $128,180 | 0.12% | - |
| 2020 | $128,020 | 2.19% | - |
| 2019 | $125,220 | 2.71% | - |
| 2018 | $121,830 | 0.49% | - |
| 2017 | $121,230 | 2.31% | - |
| 2016 | $118,430 | -0.53% | - |
| 2015 | $119,060 | 3.77% | - |
| 2014 | $114,570 | -0.60% | - |
| 2013 | $115,260 | -1.29% | - |
| 2012 | $116,750 | - | - |
From Table 3 we note that the median annual salary of $127,940 in Palm Bay-Melbourne-Titusville is in the middle of salary range for pharmacists in state of Florida. In comparison, the annual salary of pharmacists in Palm Bay-Melbourne-Titusville is 6.0 percent (6.0%) lower than that in the highest paying Naples-Marco Island and 9.4 percent (9.4%) higher than that in the lowest paying Northwest Florida nonmetropolitan area.