Median Salary
$132,887
Vs National Avg
Hourly Wage
$63.89
Dollars / Hr
Workforce
0.3k
Total Jobs
Growth
-3%
10-Year Outlook
The Salary Picture: Where Dayton Stands
As a pharmacist considering Dayton, the numbers tell a story of stability, if not explosive growth. The median pharmacist salary in the Dayton metro area is $132,887 per year, translating to an hourly rate of $63.89 per hour. This is slightly below the national average of $136,030 per year, a gap you'll find in most Midwestern markets. However, Dayton's cost of living is your secret weapon here. With a cost of living index of 92.3 (where the U.S. average is 100), your paycheck stretches further than it would in Columbus, Chicago, or even Cincinnati.
The Dayton-Kettering-Beavercreek metro has a population of about 135,507, which feels more like a large town than a major city. The pharmacist job market reflects this; there are roughly 271 pharmacist positions in the metro area. The 10-year job growth projection is -3%, which is a critical piece of data. This isn't a field seeing a boom; it's a mature market where positions open up primarily due to retirements or internal restructuring. You're not coming here for a high-growth career launch, but for a stable role with an excellent quality of life.
Hereโs how salary breaks down by experience level in the Dayton market. Note that these are estimates based on local market data and BLS trends, calibrated to the median you provided.
| Experience Level | Estimated Salary Range (Dayton) | Key Factors |
|---|---|---|
| Entry-Level (0-2 yrs) | $115,000 - $125,000 | Retail chains, hospital residency completion. |
| Mid-Career (3-10 yrs) | $128,000 - $140,000 | Independent, specialty pharmacy, clinical roles. |
| Senior (10-20 yrs) | $135,000 - $150,000 | Management, clinical specialist, consultant. |
| Expert (20+ yrs) | $145,000+ | Director roles, adjunct professorship, niche expertise. |
Insider Tip: The $132,887 median sits firmly in the mid-career range. If you're entering the market with experience, you can expect to hit this number quickly. New grads should anticipate starting closer to the $115,000 - $125,000 range, especially in retail settings. The higher-end salaries are often found in hospital systems (like Kettering Health or Premier Health) or with specialized roles in compounding or oncology.
Comparison to Other Ohio Cities:
- Columbus: Higher salaries ($138,000+), higher cost of living, more jobs due to big university and corporate presence.
- Cincinnati: Similar salaries, slightly higher cost of living, more competitive market.
- Cleveland: Similar salaries, higher cost of living, stronger hospital systems (Cleveland Clinic, University Hospitals).
- Toledo: Lower salaries ($125,000 range), lower cost of living, fewer opportunities.
Dayton offers a middle ground: a solid salary that goes further, with less competition than the state's larger metros.
The Real Take-Home: After Taxes and Rent
Let's get real about your budget. A $132,887 salary in Ohio, after federal, state (Ohio has a graduated income tax, max 3.75%), and FICA taxes, will net you approximately $95,000 - $98,000 annually, or about $7,900 - $8,100 per month. This is an estimate; your take-home depends on your W-4 withholdings, health insurance premiums, and retirement contributions.
Now, layer in Dayton's cost of living. The average rent for a 1-bedroom apartment is $800/month. This is a game-changer. In many U.S. cities, this rent would be double or triple.
Monthly Budget Breakdown for an Earning $132,887:
| Category | Estimated Monthly Cost | Notes |
|---|---|---|
| Take-Home Pay (Est.) | $8,000 | After taxes & benefits |
| Rent (1BR Apt) | $800 | Below national average |
| Utilities (Elec, Gas, Internet) | $200 | Avg. for 1BR |
| Car Payment/Insurance | $500 | Dayton is car-dependent |
| Groceries | $400 | For one person |
| Health Insurance | $300 | Employer-subsidized |
| Retirement (401k, 5% match) | $550 | Pre-tax |
| Misc. (Entertainment, Dining) | $500 | Modest lifestyle |
| Total Expenses | $3,250 | |
| Monthly Savings | $4,750 |
This leaves a massive $4,750 monthly surplus. This isn't just comfortable; it's affluent for the region. This financial cushion allows for aggressive savings, student loan repayment, or investment in a home.
Can they afford to buy a home? Absolutely, and with ease. The median home price in the Dayton metro is around $170,000 - $190,000. With a 20% down payment ($34k-$38k), a 30-year mortgage at 7% would have a monthly payment of roughly $900 - $1,100. Given your budget surplus, you could comfortably afford a home, build equity, and still have significant savings. Homeownership in Dayton is financially accessible for pharmacists in a way it isn't in most major U.S. markets.
Where the Jobs Are: Dayton's Major Employers
The Dayton job market for pharmacists is anchored by two large, integrated health systems and a handful of other key players. The -3% growth means you need to be strategic about where you apply.
- Premier Health: The largest employer in the region, operating Miami Valley Hospital (the region's only Level I trauma center), Atrium Medical Center, and others. They run a large ambulatory care pharmacy network and a robust inpatient system. Hiring is steady for experienced clinical pharmacists, especially in critical care, oncology, and infectious disease. Trend: They are increasingly hiring PharmD candidates for decentralized clinical roles.
- Kettering Health Network: A faith-based system with 12 medical centers, including Soin Medical Center and Grandview Medical Center. Their pharmacy department is large and growing, with a strong emphasis on outpatient and specialty pharmacy services (Kettering Health Pharmacy). Trend: They are expanding their specialty pharmacy footprint, a potential growth area despite overall market contraction.
- VA Medical Center (Dayton): A significant federal employer offering competitive federal pay scales, excellent benefits, and a focus on geriatric and primary care pharmacy. Positions are highly sought after and often filled through USAJobs.gov. Trend: Stable, with openings tied to retirements.
- Walgreens & CVS Health: The national chains maintain a strong presence. These are your most common entry-level and retail opportunities. While the corporate environment can be demanding, they offer structured training programs. Trend: Consolidation continues; locations may shift, but the need remains.
- Local Independent Pharmacies: Dayton has a resilient independent pharmacy scene, particularly in the suburbs like Centerville, Kettering, and Oakwood. These offer a different pace and closer community ties. Trend: Independents are thriving in niche services like compounding and personalized medicine.
- University of Dayton & Cedarville University: Both have pharmacy programs and may offer part-time adjunct or staff pharmacist roles. The University of Dayton's Boonshoft School of Medicine also has affiliated positions. Trend: Academic roles are limited but prestigious.
Insider Tip: Networking is critical in this tight-knit market. Join the Ohio Pharmacists Association (OPA) and attend local chapter events. The Dayton area pharmacist community is small; word-of-mouth matters.
Getting Licensed in OH
Ohio licensure is managed by the Ohio State Board of Pharmacy. The process is straightforward but requires attention to detail.
- Education & Exam: You must have graduated from an ACPE-accredited pharmacy school (PharmD) and passed the NAPLEX (North American Pharmacist Licensure Examination). The Multistate Pharmacy Jurisprudence Examination (MPJE) is also required, with a specific Ohio version.
- Application & Background Check: Submit an online application through the Board's portal, pay the application fee (approximately $225), and complete a fingerprint-based background check (cost: ~$50-$75).
- Intern Hours: If youโre a new graduate, you must complete 2,000 hours of pharmacy practice under a preceptor within a 1-2 year window (post-graduation). You apply for this permit first.
- Timeline: The typical timeline from application to licensure for a new graduate is 3-6 months. For an already licensed pharmacist from another state, the process is often faster (1-3 months) through reciprocity, provided your home state is part of the NABP Compact or you meet Ohio's specific requirements. The Board's website has a clear checklist.
- Costs: Total fees (application, background check) are roughly $300-$400. Add in the cost of the NAPLEX/MPJE exams (administered by NABP), which is another $500-$600.
Insider Tip: Ohio is not part of the NABP Licensure Compact (as of 2023). Pharmacists licensed in other states must go through the full licensure process or the reciprocity pathway. Check the Board's website for the most current list of participating states.
Best Neighborhoods for Pharmacists
Dayton's neighborhoods offer distinct vibes. Your choice depends on commute, lifestyle, and budget.
| Neighborhood | Vibe & Commute | Estimated 1BR Rent | Best For |
|---|---|---|---|
| Oregon District | Historic, walkable, nightlife, arts scene. 5-10 min to downtown hospitals. | $900 - $1,100 | Young professionals, those who want an urban feel. |
| South Park | Quiet, residential, historic homes, family-friendly. 10-15 min commute. | $750 - $950 | Those seeking a peaceful, established community. |
| Kettering (Suburb) | Safe, great schools, shopping, very suburban. 15-20 min commute. | $850 - $1,000 | Families, those wanting suburban comfort. |
| Centerville | Upscale suburb, top-tier schools, walkable downtown area. 20-25 min commute. | $900 - $1,200 | High-income earners, families prioritizing education. |
| Oakwood | Wealthy, exclusive suburb, excellent schools, very quiet. 15-20 min commute. | $1,000+ | Those seeking prestige and top-tier public schools. |
Insider Tip: Traffic in Dayton is minimal. A "bad" commute is 25 minutes. Your choice is less about logistics and more about lifestyle. If you work at Miami Valley Hospital downtown, the Oregon District or South Park are ideal for walking to work or a short drive.
The Long Game: Career Growth
With a -3% growth projection, traditional upward mobility (more manager jobs) is limited. Your growth must come from specialization and side-stepping.
- Specialty Premiums: The highest salaries are in niche clinical areas. Oncology, infectious disease, and critical care pharmacists can command premiums of $10,000 - $20,000 above the median. Certifications in these areas (BCOP, BCIDP, BCCCP) are essential.
- Advancement Paths:
- Clinical Specialist: Move from a staff pharmacist to a dedicated specialist role within a hospital.
- Management: The traditional path to Pharmacy Manager or Director. Requires strong leadership skills and often an MBA or MS in Healthcare Administration.
- Ambulatory Care/MTM: Move into outpatient settings (primary care clinics, senior living facilities). This is a growth area as healthcare shifts to prevention and chronic disease management.
- Industry/Consulting: With Wright-Patterson Air Force Base nearby, there are niche opportunities in aerospace health or government contracting, though these are rare.
- 10-Year Outlook: Expect the market to remain stable but competitive. Automation will continue to handle dispensing, so pharmacists who focus on direct patient care, medication therapy management (MTM), and complex clinical decision-making will be most valuable. The role will continue to shift from "dispenser" to "healthcare provider."
Insider Tip: Consider teaching at the University of Dayton's Boonshoft School of Medicine or as an adjunct at Cedarville University. This diversifies your income and builds your professional network.
The Verdict: Is Dayton Right for You?
| Pros | Cons |
|---|---|
| Excellent Financial Position: Your salary goes very far. Homeownership is easily within reach. | Limited Job Growth: The -3% means you must be proactive in job hunting. |
| Strong, Stable Employers: Premier, Kettering, and the VA provide a solid base. | Lower Ceiling: Top-tier salaries are lower than in coastal cities. |
| Manageable, Livable City: Easy commutes, friendly people, no major urban stressors. | Limited Nightlife/Culture: Compared to Columbus or Cincinnati, options are smaller. |
| Low Cost of Living: A major financial advantage for early-career wealth building. | Car-Dependent: Public transportation is limited; a car is a necessity. |
| Access to Outdoor Recreation: Rivers, parks, and the MetroParks system are excellent. | Weather: Winters can be gray and cold; summers are humid. |
Final Recommendation:
Dayton is an excellent choice for pharmacists who prioritize financial stability, quality of life, and a predictable career over high-flying growth and urban excitement. It's ideal for early- to mid-career professionals looking to buy a home, start a family, or aggressively pay down student loans. If you're a new graduate, it's a great place to start your career with less financial pressure. However, if you're chasing the absolute highest salary potential, desire a bustling cultural scene, or are in a hyper-specialized niche with limited local options, you may find Dayton's ceiling too low. For the right person, Dayton offers a rare combination of professional respect and personal affordability.
FAQs
1. I'm licensed in another state. How hard is it to get licensed in Ohio?
It depends on your state. Ohio is not part of the licensure compact, so you'll need to apply for licensure by examination or reciprocity. If your state's requirements are similar to Ohio's, the process can be smooth. Start with the Ohio State Board of Pharmacy website; they have a clear guide for out-of-state applicants. Expect 1-3 months for the process.
2. Is Dayton a good place for a dual-career couple (e.g., pharmacist and engineer)?
Yes, surprisingly good. While the pharmacist market is solid, Dayton's economy is diverse. Wright-Patterson Air Force Base (the region's largest employer) drives a strong aerospace, engineering, and tech sector. It's also home to research and development from companies like GE Aviation and Emerson. The lower cost of living makes a dual-income household even more powerful.
3. What's the typical schedule for a hospital pharmacist in Dayton?
It varies. Premier and Kettering Health operate 24/7, so you may work any shift (days, evenings, nights, weekends). Many clinical roles are day shifts (7a-3p or 8a-4p). Retail pharmacists typically work more traditional retail hours, including weekends. Hospital roles often include rotating weekend and holiday coverage.
4. How is the pharmacy community in Dayton? Is it supportive or competitive?
The community is generally supportive and tight-knit. Because the market isn't huge, pharmacists tend to know each other, especially in the hospital and clinical sectors. There's competition for the best hospital jobs, but the independent pharmacy network is collaborative. Joining the local OPA chapter is the best way to plug in.
5. Are there opportunities for non-traditional pharmacy roles (e.g., telehealth, prior auth, industry)?
Yes, but they are not the bulk of the market. Telehealth and remote prior authorization roles can be found with national companies (like CoverMyMeds, which is based in Columbus but hires remotely). Industry roles are scarce locally. The strongest non-traditional opportunity in Dayton is in ambulatory care, working directly in physician practices or managed care organizations. This is a growing field within the existing health systems.
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