Median Salary
$134,968
Vs National Avg
Hourly Wage
$64.89
Dollars / Hr
Workforce
1.0k
Total Jobs
Growth
-3%
10-Year Outlook
Here is a comprehensive career guide for Pharmacists considering Colorado Springs, CO.
Career Guide for Pharmacists in Colorado Springs, CO
Colorado Springs isn't just Pikes Peak and Olympic training centers; for a Pharmacist, it's a distinct market with its own rhythm and reality. As someone who has watched this city's healthcare sector evolve, I can tell you it's a place that rewards those who understand the local landscape. Itโs a mid-sized city with big-city medical needs, anchored by the military, a growing aging population, and a network of regional healthcare systems. This guide cuts through the fluff. We'll look at the hard numbers, the real commute times, and which employers are actually hiring right now.
The job market here is stable but competitive. You're not walking into six-figure offers without effort, but the quality of life is a major draw. The city is manageable, the air is clear, and the mountains are a realistic weekend escape, not a distant dream. Let's break down exactly what a career as a Pharmacist in Colorado Springs looks like.
The Salary Picture: Where Colorado Springs Stands
When you look at the pharmacy market in Colorado Springs, the first thing to know is that itโs a solid middle-ground market. It wonโt compete with the high salaries of Denver or the Bay Area, but it also doesn't carry the same extreme cost of living. The median salary for Pharmacists here is $134,968/year, which breaks down to an hourly rate of $64.89/hour. This is slightly below the national average of $136,030/year, a common trend for mid-sized cities in the Mountain West.
The job market size is modest but consistent, with approximately 977 jobs in the metro area. The 10-year outlook shows a -3% job growth, which reflects a national trend of automation and retail consolidation. However, this number can be misleading. It doesn't account for turnover or the shift toward specialized clinical roles. Positions in hospital systems, specialty pharmacies, and clinical management are growing, even if traditional retail slots are tightening.
Experience-Level Breakdown
| Level | Years of Experience | Estimated Salary Range (CO Springs) |
|---|---|---|
| Entry-Level | 0-2 years | $115,000 - $125,000 |
| Mid-Career | 3-8 years | $130,000 - $145,000 |
| Senior-Level | 9-15 years | $140,000 - $160,000 |
| Expert/Clinical Specialist | 15+ years | $155,000 - $180,000+ |
Note: These ranges are estimates based on local market data. Specialized certifications (e.g., BC-OP, BCPS) can push salaries toward the higher end.
Comparison to Other Colorado Cities
| City | Median Salary | Cost of Living (Index) | Key Market Driver |
|---|---|---|---|
| Colorado Springs | $134,968 | 97.4 | Military, Regional Hospital Care |
| Denver Metro | $145,000+ | 110.7 | Major Pharma, Academic Centers |
| Fort Collins | $132,000 | 107.3 | University, Ag/BioTech |
Colorado Springs offers a more affordable alternative to Denver. While the salary is about 7% lower, the cost of living is roughly 12% less, and you avoid the brutal I-25 commute.
๐ Compensation Analysis
๐ Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
Let's get real about finances. A median salary of $134,968 is a strong income, but Colorado's cost of living can sneak up on you. The state has a progressive income tax system and sales tax is nearly 8.5% in the metro area.
Hereโs a realistic monthly budget for a single Pharmacist earning the median salary, living in a typical 1BR apartment.
| Monthly Expense | Estimated Cost | Notes |
|---|---|---|
| Gross Pay | $11,247 | Based on $134,968/year |
| Net Pay (After Taxes) | ~$7,800 | Federal, CO State (4.4%), FICA, local taxes |
| Rent (1BR Avg.) | $1,408 | This is the citywide average |
| Utilities | $150 - $200 | Includes electricity, gas, internet |
| Groceries | $450 - $550 | Moderate budget for one person |
| Transportation | $350 - $500 | Car payment, insurance, gas. Public transit is limited. |
| Health Insurance | $200 - $400 | Varies by employer |
| Discretionary / Savings | $4,800+ | After covering all necessities |
Can They Afford to Buy a Home?
Yes, absolutely. With a take-home pay of over $7,000 monthly and average rent at $1,408, you're in a strong position to save. The median home price in Colorado Springs hovers around $450,000 - $475,000. A 20% down payment is roughly $90,000 - $95,000. A Pharmacist earning the median salary of $134,968 could comfortably afford a mortgage on a $400,000-$450,000 home, especially with a dual-income household. The key is managing the down payment. Many local pharmacists I know live frugally for 2-3 years to build their down payment fund before buying.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Colorado Springs's Major Employers
The job market is anchored by a few key sectors: military healthcare, regional hospital systems, and large retail chains. Here are the major players you need to know.
- UCHealth Memorial Hospital Central & St. Francis Medical Center: This is the largest private employer in the region. UCHealth has aggressively expanded its footprint. They run a large inpatient pharmacy and several outpatient specialty pharmacies (e.g., for oncology, transplant). Hiring trends show a strong preference for Pharmacists with BCPS certification or hospital residency experience.
- Penrose-St. Francis Health Services: Part of CommonSpirit Health, this system is a major competitor to UCHealth. They have a strong presence in the south part of the city (near the Broadmoor). Their pharmacy department is well-respected, and they often have openings for clinical pharmacists and pharmacy managers.
- Fort Carson (Military): The 4th Infantry Division and the Warrior Transition Battalion are based here. The on-post pharmacy is a massive operation, serving active duty, retirees, and families. This is a federal job (via the Department of Defense) and offers excellent benefits and job security, but the hiring process is slow and requires a security clearance. It's a stable, long-term career path.
- Walgreens & CVS Health: As in every city, these are the biggest retail employers. There are over 40 locations between them in the metro area. Hiring is constant due to turnover. While often a starting point, they offer sign-on bonuses (sometimes $10,000-$20,000) for rural or hard-to-fill locations, which can include some of the outlying Colorado Springs stores.
- VA Eastern Colorado Health Care System: The VA clinic in the northern part of the city is a significant employer. Federal pharmacy jobs here are highly sought after for the benefits and work-life balance. It's a great fit for those interested in serving veterans. Competition is fierce; you often need prior VA experience or a strong federal resume.
- King Soopers (Kroger) & Safeway: The grocery chains have robust pharmacy departments. They often have a slightly slower pace than the big-box drugstores and can be a great place for community-focused practice. They are consistently hiring for staff and manager roles.
- Specialty Pharmacies: Keep an eye on companies like Accredo (a Cencora company) or OptumRx. They have a growing presence in the area, focusing on complex conditions like oncology, rheumatoid arthritis, and multiple sclerosis. These roles are more clinical and often remote or hybrid, but based in the area.
Insider Tip: The bulk of new hires happen in Q1 (January-February) and Q3 (August-September). If you're looking to move, start your application process in December or July.
Getting Licensed in Colorado
If you're already licensed in another state, Colorado is a compact state (participating in the NABP licensure compact), which can streamline the process for pharmacists licensed in other compact states. For everyone else, here's the breakdown.
- Transferring Your License: Colorado uses the NABP (National Association of Boards of Pharmacy) for license transfers. You'll need an active, clear license from your current state, a completed application, and a background check.
- The MPJE: You must pass the Multistate Pharmacy Jurisprudence Examination (MPJE) for Colorado. This is a state-specific law exam. Study the Colorado Pharmacy Practice Act and the Colorado Board of Pharmacy regulations. The passing score is 75.
- Fingerprinting & Background Check: Colorado requires a fingerprint-based criminal history check. This is done electronically through a state-approved vendor (IdentoGO). Cost is approximately $50-$75.
- Costs & Timeline:
- Application Fee: $150 (non-refundable)
- MPJE Fee: $100 (paid to NABP)
- Background Check: ~$75
- Total Estimated Cost: $325
- Timeline: If you have a current license in a compact state, you could be licensed in 2-4 weeks. For non-compact states, expect 4-8 weeks from application submission to receiving your license, assuming you pass the MPJE on the first try.
Insider Tip: The Colorado Board of Pharmacy website is your best friend. They post application processing times. Check it monthly if you're in the process.
Best Neighborhoods for Pharmacists
Where you live will define your commute and lifestyle. Colorado Springs is spread out, but traffic is generally manageable compared to Denver.
| Neighborhood | Vibe & Commute | Avg. 1BR Rent | Pros/Cons |
|---|---|---|---|
| Downtown / Old Colorado City | Historic, walkable, younger crowd. 10-15 min to most jobs. | $1,550 | Pro: Walkable bars/restaurants. Con: Older buildings, less parking. |
| Briargate / NE Colorado Springs | Family-oriented, suburban feel. 15-20 min to UCHealth/Fort Carson. | $1,650 | Pro: Great schools, modern apartments. Con: Can feel "cookie-cutter." |
| Westside / Manitou Springs | Artsy, scenic, near the mountains. 20-25 min commute. | $1,700 | Pro: Incredible views, unique vibe. Con: Higher rent, tourist traffic in summer. |
| Southeast (Broadmoor Area) | Upscale, quiet, near Penrose-St. Francis. 10-15 min commute. | $1,800 | Pro: Safe, beautiful. Con: More expensive, less nightlife. |
| Northgate / Academy | New development, near I-25. 15 min to most areas. | $1,600 | Pro: Easy highway access, new amenities. Con: Still building out, can be windy. |
Insider Tip: If you work at Fort Carson or Penrose-St. Francis, look at the Southeast or Broadmoor Area. If you're at UCHealth Memorial Central, Briargate or Downtown will give you a manageable commute.
The Long Game: Career Growth
The -3% job growth figure is a warning to stagnate. To thrive, you must specialize and advance. The path here isn't much different from other markets, but the opportunities are more concentrated.
Specialty Premiums:
- Oncology Pharmacy (BCOP): High demand at UCHealth and Penrose. Premium of $10,000 - $15,000 over base.
- Critical Care (BCCCP): Needed in the ICUs at Memorial and St. Francis. Premium of $12,000 - $18,000.
- Infectious Disease (BCIDP): Growing with antibiotic stewardship programs. Premium of $8,000 - $12,000.
- Ambulatory Care (BCACP): For clinic-based roles managing chronic disease. Premium of $7,000 - $10,000.
Advancement Paths:
- Clinical Pharmacy Specialist: Move from staff to a specialist role after 3-5 years and obtaining a certification.
- Pharmacy Manager: Requires an MBA or PharmD/MBA, plus 5+ years of experience. Salaries can reach $160,000+.
- Director of Pharmacy (Hospital): The top role. Requires extensive experience, leadership skills, and often an advanced degree. Salaries are $180,000+.
- Pharmaceutical Industry/Consulting: Some pharmacists move into roles with companies like Pfizer or Novartis, which have a presence in the Denver metro but often cover Colorado Springs territory.
10-Year Outlook: The landscape will be defined by value-based care and technology. Pharmacists who can prove their clinical value (reducing readmissions, managing costs) will be indispensable. The role will shift further from dispensing to clinical decision-making. The market will remain stable for those with specialized skills but tough for those in traditional retail roles.
The Verdict: Is Colorado Springs Right for You?
| Pros | Cons |
|---|---|
| Affordable Living: Your $134,968 salary goes further here than in Denver. | Slower Job Market: Growth is flat; you must be strategic. |
| Outdoor Access: Unmatched for hiking, biking, and skiing on weekends. | Limited Diversity: The cultural scene is smaller than in major metros. |
| Manageable City Size: Easy commutes, no overwhelming traffic. | Military Presence: Can mean a transient population and federal hiring bureaucracy. |
| Strong Healthcare Anchor: Multiple hospital systems provide stability. | Salary Slightly Below Average: You trade a bit of pay for quality of life. |
Final Recommendation: Colorado Springs is an excellent choice for Pharmacists who prioritize work-life balance and outdoor recreation over chasing the absolute highest salary. It's a great fit for mid-career professionals looking to buy a home and build a stable, satisfying career without the chaos of a major metropolis. If you're a new graduate, it's a good place to start, but be prepared to move to a bigger system (like UCHealth) to gain experience quickly. For specialists, the opportunities are meaningful, and the community is welcoming. If you're looking for a fast-paced, high-growth, and culturally diverse city, look elsewhere. But if you want a career that supports a life in the mountains, Colorado Springs is a serious contender.
FAQs
Q: How does the military presence affect the pharmacy job market?
A: It creates a large, stable patient base (millions of patient visits per year to military facilities). For civilian pharmacists, it means a high demand for jobs on post (federal positions) and in the community pharmacies that serve military families. It can also create competition for those federal roles.
Q: Is it worth getting a BCPS certification in Colorado Springs?
A: Absolutely. For hospital positions, it's becoming a standard expectation, not just a "nice-to-have." It directly impacts your hireability and starting salary. Many employers will pay for the exam and study materials if you're a current employee.
Q: What's the best way to network in this market?
A: Join the Colorado Pharmacists Society (CPS) and attend their annual conference. Also, connect with the local Colorado Springs chapter of the American Pharmacists Association (APhA). LinkedIn is also very active here; connect with Pharmacy Managers and Directors at UCHealth and Penrose.
Q: How competitive are the VA jobs?
A: Extremely. You're competing with pharmacists from all over the country. To stand out, tailor your resume specifically to the VA's mission and values (veteran care, public service). Use keywords from the job posting. And be patientโthe hiring process can take 6 months or more.
Q: What's the weather really like for commuting?
A: Colorado Springs gets four distinct seasons. Winter can bring snow, but the city is excellent at clearing main roads. I-25 can get icy, but it's generally less congested than in Denver. A reliable car with good tires is a must. Summer is dry and hot (90s), but it's a dry heat, which is more manageable.
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