The annual salary statistics of pharmacists in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage data of pharmacists in Grand Rapids-Wyoming 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 | $83,210 |
| 25th Percentile Wage | $120,880 |
| 50th Percentile Wage | $130,920 |
| 75th Percentile Wage | $138,130 |
| 90th Percentile Wage | $155,570 |
Table 1 shows the average annual salary for pharmacists in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $155,570. The median (50th percentile) annual salary is $130,920. The average annual salary for the bottom 10 percent earners is $83,210.
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 | $130,920 | 2.10% | 17.87% |
| 2021 | $128,170 | -0.92% | - |
| 2020 | $129,350 | 3.83% | - |
| 2019 | $124,400 | 2.71% | - |
| 2018 | $121,030 | 1.90% | - |
| 2017 | $118,730 | 0.49% | - |
| 2016 | $118,150 | 0.87% | - |
| 2015 | $117,120 | 2.14% | - |
| 2014 | $114,610 | 4.10% | - |
| 2013 | $109,910 | 2.17% | - |
| 2012 | $107,520 | - | - |
From Table 3 we note that the median annual salary of $130,920 in Grand Rapids-Wyoming is in the middle of salary range for pharmacists in state of Michigan. In comparison, the annual salary of pharmacists in Grand Rapids-Wyoming is 4.7 percent (4.7%) lower than that in the highest paying South Bend-Mishawaka and 12.4 percent (12.4%) higher than that in the lowest paying Holland-Grand Haven.