HealthcareUpdated Q1 2026

Pharmacist Salary
in Newark, NJ

Dispense medications, counsel patients, and collaborate with healthcare teams on drug therapy. Median salary in Newark: $161K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$161K
per year
Take-home: $96K

Salary range in Newark

Entry level (25th)$144,000
Median (50th)$161,000
Senior (75th)$181,000
Top earner (90th)$201,000
Data freshness

Figures represent annual base salary in Newark, New Jersey. Reviewed by SalaryOptics Editorial Β· How we calculate this β†’

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What the numbers say for Newark

Analysis derived from the salary, COL, tax, and labor-market figures above β€” specific to this role and city.

22% premium vs national median

Pharmacists in Newark earn approximately 22% higher than the US national median for this role β€” a $29,000 premium on annual base salary. This reflects Newark's position as a higher-cost labor market where employers must match local wage norms.

Cost-of-living adjusted picture

Adjusted for Newark's cost-of-living index (155), the median Pharmacist salary buys the equivalent of $103,871 in a US-average-cost city. That's $28,129 less purchasing power than the national median β€” the higher nominal salary doesn't fully offset local costs.

10.75% state tax = $17,308/yr

New Jersey's 10.75% state income tax reduces take-home by roughly $17,308 per year at the median salary. A Pharmacist relocating to a no-tax state like Texas, Florida, or Tennessee would retain that amount without changing gross pay.

Key facts for Newark

Median salary
$161K
annual
Take-home pay
$96K
after fed/state tax
COL index
155
100 = US avg
State income tax
10.75%
effective rate
Avg 1BR rent
$2,200
per month
YoY growth
+1.2%
salary trend

Salary forecast: Newark Pharmacist to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $161K by 2030.

Salary trend & forecast β€” Newark

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Pharmacist salary trend 2019–2030PROJECTED β†’$135K$147K$159K$170K$182K201920212023202520272029
2026
$165K
projected
2027
$169K
projected
2028
$173K
projected
2029
$178K
projected
2030
$182K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$161,000+$0
2028 projected$161,000+$0
2029 projected$161,000+$0
2030 projected$161,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Pharmacist Salary in Newark, New Jersey: Complete Guide (2026)

The median Pharmacist salary in Newark, NJ is $161,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Newark–NJ metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Pharmacist in Newark

Entry-level Pharmacists in Newark with 0–2 years of experience typically earn between $144,000 and $161,000 annually. Mid-career professionals with 3–7 years command $161,000 to $181,000, while senior-level practitioners with 8+ years of experience regularly earn $181,000 to $201,000 or more.

Cost of living in Newark for Pharmacists

Newark has a cost of living index of 155 compared to the US national average of 100. Newark's cost of living is above the US average, so the salary figures above reflect local market rates. New Jersey has a 10.75% state income tax rate.

Education requirements for Pharmacist

Doctor of Pharmacy (PharmD); state licensure. 10% of these roles offer some remote flexibility.

Pharmacist salary in nearby cities

CityMedian salaryCOL index
Newark (current)$161K155
Jersey City$165K162
Paterson$185K140
Elizabeth$191K145
Edison$182K138