Median Salary
$51,949
Above National Avg
Hourly Wage
$24.98
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
The Salary Picture: Where Federal Way Stands
As a local career analyst whoโs watched the South King County job market for years, I can tell you that Federal Way offers a solid, if not spectacular, salary for pharmacistsโespecially when you factor in the local cost of living. The median salary for a pharmacist here is $141,335/year, which breaks down to an hourly rate of $67.95/hour. This is noticeably higher than the national average of $136,030/year, but the advantage isn't as pronounced as it might seem once you account for the region's higher expenses.
The job market here is tight and competitive. There are approximately 195 pharmacist positions in the broader metro area, but the 10-year job growth projection is -3%. This isn't a field that's expanding rapidly; it's mature, with turnover largely driven by retirements or relocations rather than new openings. For a pharmacist considering a move here, this means you'll need a strong resume and perhaps a niche skill set to stand out.
Hereโs how salaries typically break down by experience level. These are estimates based on local job postings and industry reports, anchored to the provided median:
| Experience Level | Typical Years in Practice | Estimated Annual Salary Range | Key Responsibilities |
|---|---|---|---|
| Entry-Level | 0-2 years | $125,000 - $135,000 | Dispensing, patient counseling, basic workflow management in retail or hospital settings. |
| Mid-Career | 3-8 years | $135,000 - $150,000 | Increased clinical duties, supervising technicians, specializing in areas like geriatrics or diabetes management. |
| Senior-Level | 9-15 years | $145,000 - $165,000 | Management roles (e.g., Pharmacy Manager, Clinical Coordinator), complex patient care, formulary management. |
| Expert/Specialist | 15+ years | $160,000+ | Leadership positions (Director of Pharmacy), specialized clinical roles (Oncology, Critical Care), consultant work. |
Insider Tip: The salary ceiling is higher in hospital systems and specialty clinics than in corporate retail chains. A pharmacist at St. Francis Hospital in Federal Way or a specialty oncology clinic in nearby Burien will typically earn more than a staff pharmacist at a large-chain grocery store pharmacy.
How Federal Way Compares to Other WA Cities:
- Seattle: Salaries are higher (median ~$150,000), but the cost of living is dramatically higher, making the net benefit questionable.
- Tacoma: Slightly lower median salary (~$138,000), but a more affordable housing market and a similar job density.
- Bellevue: Similar to Seattle, with high salaries but an extremely high cost of living.
- Federal Way hits a "sweet spot" for some, offering a salary that is competitive for the region while being more affordable than the core urban centers.
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 pragmatic. A gross salary of $141,335/year sounds great, but your monthly take-home depends on taxes and fixed costs. Federal Way is in King County, so state income tax (no sales tax) is a factor, but federal taxes are the biggest chunk.
Monthly Budget Breakdown for a Pharmacist Earning $141,335:
- Gross Monthly Salary: ~$11,778
- Estimated Federal & State Taxes (25-30%): ~$3,200
- Social Security & Medicare (7.65%): ~$900
- Net Monthly Take-Home (after taxes): ~$7,678
Now, let's layer on the cost of living. The average 1-bedroom apartment rent in Federal Way is $1,864/month. The Cost of Living Index is 113.0 (US average = 100), meaning it's about 13% more expensive than the national average, driven largely by housing and utilities.
Sample Monthly Budget (Single Earner, Renting):
- Net Take-Home: $7,678
- Rent (1BR): -$1,864
- Utilities (Electric, Gas, Internet): -$250
- Groceries: -$400
- Transportation (Car Payment/Gas/Insurance): -$600
- Health Insurance (if not covered): -$400
- Student Loans (Average): -$500
- Discretionary/Savings: ~$3,664
This leaves a substantial amount for savings, retirement contributions, or discretionary spending. However, the affordability of a home is a different story.
Can They Afford to Buy a Home?
The median home price in Federal Way is approximately $650,000. With a 20% down payment ($130,000), a 30-year mortgage at current rates (6.5%) would result in a monthly payment of about $3,300 (including property taxes and insurance). This is nearly double the average rent. While a pharmacist's salary can support this, it would consume a significant portion of the take-home pay (43% of net income), leaving less room for other expenses and savings. It's feasible, especially for dual-income households, but it requires careful budgeting.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Federal Way's Major Employers
The Federal Way area is a hub for healthcare services, serving a population of 97,689 and the broader South King County region. Job opportunities are concentrated in large hospital systems, retail chains, and long-term care facilities.
- St. Francis Hospital (CHI Franciscan): Located in Federal Way, this is a primary employer for inpatient and outpatient pharmacists. They have a strong clinical pharmacy program. Hiring trends show a preference for pharmacists with residency training or specialty certifications.
- CommonSpirit Health (CHI Franciscan Network): Beyond St. Francis, the broader network includes clinics and outpatient pharmacies throughout the region. This is a major source of jobs for clinical and ambulatory care pharmacists.
- MultiCare Health System: While its flagship (MultiCare Auburn Medical Center) is in neighboring Auburn, MultiCare has a significant presence in South King County with numerous clinics and pharmacies. They are known for innovative care models and may offer roles in population health or specialty pharmacy.
- Walgreens & CVS Health: Both corporate giants have a dense network of retail locations in Federal Way (e.g., near The Commons Mall, on Pacific Hwy S). These are the most common entry points for new pharmacists but can be high-pressure environments with corporate metrics.
- Fred Meyer & Safeway (Albertsons): These grocery chains are major employers for retail pharmacists. Fred Meyer, in particular, is a staple in Federal Way and offers a hybrid role that can be appealing.
- Regency Pacific Post-Acute Rehab (Federal Way): A large skilled nursing facility that employs pharmacists for medication therapy management (MTM) and consulting. This is a growing area for pharmacy services.
- Apria Healthcare: A national home healthcare company with a branch in Federal Way, sometimes hiring for specialty pharmacy roles focused on respiratory therapies or oncology.
Insider Tip: The biggest hiring surge often happens in Q1 and Q3. Network locally by joining the Washington State Pharmacy Association (WSPA) and attending events. Many jobs are filled through internal referrals before they are ever posted online.
Getting Licensed in WA
Washington State has strict requirements for licensure, managed by the Washington State Board of Pharmacy. It's a process that requires planning and can take several months.
Key Steps & Costs:
- Education & Exams: Must graduate from a CAPE-accredited pharmacy school (Pharm.D.) and pass the NAPLEX and MPJE exams. The total cost for exams is approximately $1,000.
- Washington MPJE: You must pass the specific Washington Multistate Pharmacy Jurisprudence Examination. The fee is $100.
- Clinical Hours: Washington requires 1,500 hours of clinical experience (intern hours) completed during or after pharmacy school. These must be verified by your school and the Board.
- Application & Background Check: Submit a complete application to the state board. The application fee is $325. A fingerprint-based background check adds another $50-$100.
- Foreign Graduates: Additional steps include FPGEC certification and potentially English proficiency exams.
Timeline: Once you have all your documents in order, processing can take 6-10 weeks. However, from planning to full licensure (if starting from scratch), expect a 4-6 month timeline. Insider Tip: Start your Washington MPJE study materials early, as the state's specific laws (like the opioid prescription limits) are heavily tested and differ from other states.
Best Neighborhoods for Pharmacists
Living in Federal Way offers a range of options, from suburban family areas to more urban, transit-accessible pockets. The commute to major employers (like St. Francis) is generally short, but traffic on I-5 or Pacific Hwy S can be unpredictable.
- Downtown Federal Way / The Commons Area:
- Vibe: Urban, walkable, with the city's main retail and entertainment hub.
- Commute: Minimal if you work at St. Francis or nearby clinics. Walkable to many retail pharmacy jobs.
- Rent Estimate (1BR): $1,750 - $1,950/month
- Mirror Lake / Twin Lakes:
- Vibe: Quiet, suburban, family-oriented with good schools and green spaces.
- Commute: 5-10 minute drive to most employers. Easy access to I-5.
- Rent Estimate (1BR): $1,850 - $2,100/month
- Celebration Park / Olympic View:
- Vibe: Established neighborhoods, mix of older and newer homes, close to parks and the YMCA.
- Commute: 8-15 minute drive. Slightly more central.
- Rent Estimate (1BR): $1,800 - $2,000/month
- Steel Lake / Weyerhaeuser:
- Vibe: Near the Weyerhaeuser campus, with a mix of apartments and single-family homes. Good access to the light rail (future extension is a topic of discussion).
- Commute: 5-12 minute drive to major employers.
- Rent Estimate (1BR): $1,900 - $2,150/month
- Kingsgate (Adjacent):
- Vibe: Technically in unincorporated King County but adjacent to Federal Way. A quiet, well-kept area with a strong community feel.
- Commute: 10-15 minute drive.
- Rent Estimate (1BR): $1,800 - $2,000/month
The Long Game: Career Growth
With a -3% job growth projection, advancement in Federal Way is less about new positions and more about specialization and moving up within existing structures.
Specialty Premiums & Advancement Paths:
- Clinical Pharmacy Specialists (e.g., Oncology, Cardiology) at hospital systems command salaries 10-15% above the median. This requires additional residency (PGY-1/PGY-2) or on-the-job training and certification (e.g., BCPS, BCOP).
- Management tracks (Pharmacy Manager, Director) are the fastest way to exceed the median salary. Leadership training and an MBA or MHA are increasingly common in these roles.
- Ambulatory Care & MTM: With the shift to value-based care, pharmacists in outpatient clinics (e.g., diabetes management, anticoagulation clinics) are in high demand. This path offers great work-life balance and often a salary at or above the median.
- Industry Roles: Proximity to Seattle means opportunities in pharmaceutical sales, medical affairs, and regulatory affairs with major pharma companies, though these often require a move or hybrid schedule.
10-Year Outlook:
The field will continue to evolve towards more clinical, patient-facing roles. The pharmacist's role as a medication expert in a team-based care model is solidifying. While the number of traditional dispensing jobs may shrink due to automation and mail-order, the need for clinical pharmacists in hospitals, clinics, and long-term care is growing. In Federal Way, this means the most secure and lucrative positions will be in specialty areas at St. Francis and MultiCare, and in ambulatory care clinics.
The Verdict: Is Federal Way Right for You?
| Pros | Cons |
|---|---|
| Salary vs. Cost Balance: The median salary of $141,335 provides a comfortable living against a Cost of Living Index of 113.0. | Competitive Job Market: Low growth (-3%) means openings are scarce and competition is high. |
| Stable Major Employers: Presence of St. Francis Hospital and MultiCare provides inpatient and clinical opportunities. | Housing Costs: Buying a home requires a significant portion of your income. |
| Central Location: Easy access to Seattle and Tacoma for commuting or entertainment, but with a more suburban feel. | Traffic Congestion: Traffic on I-5 and Pacific Hwy S can be a daily challenge, especially during rush hour. |
| Diverse Pharmacy Settings: From large hospital systems to retail chains and long-term care facilities. | Limited "Prestige" Compared to Seattle: Career advancement in academia or top-tier research is more competitive in Seattle proper. |
Final Recommendation:
Federal Way is a pragmatic choice for pharmacists, especially those in their mid-career stage looking for a balance between salary, cost of living, and work-life balance. It's ideal for clinical pharmacists (hospital/ambulatory) and those seeking retail management roles. It's less ideal for new graduates without a niche skill set, as the competition for entry-level roles is fierce. If you value a stable, suburban lifestyle with solid pay and don't mind a tight job market, Federal Way is a strong contender. If you're chasing the highest possible salary and have a specialty that's in high demand, you might find more opportunities in the Seattle metro area, but you'll pay a premium for it.
FAQs
Q: Is it easy to transition from a retail to a clinical pharmacy role in Federal Way?
A: It's challenging but possible. The hospital systems (St. Francis, MultiCare) often prefer candidates with residency training. Your best bet is to gain relevant experience in a retail setting that involves some clinical duties (like MTM) and pursue additional certifications (e.g., BCPS) while working. Networking with clinical pharmacists at local hospitals is crucial.
Q: What's the job market like for new graduates?
A: Very competitive. With 195 jobs in the metro and -3% growth, new grads face stiff competition from experienced pharmacists and those with residency training. It's essential to have a strong internship/rotation record in Washington and be flexible with shifts and location.
Q: How important is the Washington MPJE?
A: Critically important. Washington's pharmacy laws are specific and strict, especially around controlled substances. Failing the MPJE is a common reason for delayed licensure. Use the state board's resources and consider a dedicated prep course.
Q: Are there opportunities for part-time or per-diem work?
A: Yes, especially in retail and long-term care. Many pharmacists in Federal Way work per-diem at multiple locations to have more schedule flexibility. This is a common path for those pursuing further education or family commitments.
Q: What's the commute like to Seattle from Federal Way?
A: It can be brutal. During peak hours, a commute to downtown Seattle can take 45-75 minutes via I-5 or SR 99. If your career goal is to work in Seattle but live in Federal Way for affordability, factor in the significant time and cost (gas, tolls) of that commute.
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