Median Salary
$52,325
Above National Avg
Hourly Wage
$25.16
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Here is a comprehensive career guide for Pharmacists considering a move to Lakewood, CA.
The Pharmacist's Guide to Lakewood, CA: Salary, Jobs, and Lifestyle
Welcome to Lakewood. If you're a pharmacist looking at the Los Angeles metro area, you can't ignore this city. As someone who's watched the local healthcare landscape for years, I'll tell you straight: Lakewood isn't the flashiest address in Southern California, but it's a practical, stable hub for healthcare professionals. It's the quintessential "bedroom community"—a place where you can build a career without getting swallowed by the chaos of downtown LA or the premium price tags of Beverly Hills.
Let's cut through the noise and look at the real numbers, the real employers, and the real cost of making a life here.
The Salary Picture: Where Lakewood Stands
First, let's talk brass tacks. Pharmacy is a profession with a clear, structured salary ladder. The data for the Lakewood metro area (which includes surrounding parts of Orange County and LA County) reflects a strong regional market.
- Median Salary: $142,355/year
- Hourly Rate: $68.44/hour
- National Average: $136,030/year
You'll notice Lakewood pays above the national average—a significant advantage. However, that regional premium is immediately offset by the cost of living, which we'll break down later. A $6,325 annual premium over the national average is meaningful, but in California, every dollar has to work harder.
Here’s how salaries typically break down by experience level in this market. This is based on aggregated local job postings and industry reports from the Bureau of Labor Statistics (BLS) and state data.
| Experience Level | Years of Experience | Typical Salary Range (Lakewood Metro) |
|---|---|---|
| Entry-Level | 0-2 years | $125,000 - $135,000 |
| Mid-Level | 3-7 years | $138,000 - $150,000 |
| Senior-Level | 8-15 years | $148,000 - $165,000 |
| Expert/Managerial | 15+ years | $160,000 - $185,000+ |
Insider Tip: Don't just look at the base salary. In this region, benefits packages are robust. A $142,355 salary with a 10% 401(k) match, full health/dental/vision, and generous PTO is effectively worth $160,000+ in compensation compared to a bare-bones offer.
How does Lakewood compare to other CA cities?
- Los Angeles Metro (Downtown): Similar or slightly higher, but the commute is brutal and cost of living is extreme.
- Orange County (e.g., Irvine): Often 5-10% higher, but rent and home prices are significantly steeper.
- San Francisco Bay Area: 20-30% higher salaries, but cost of living is 50%+ higher. You take a major quality-of-life hit.
- Sacramento: Salaries are closer to the national average (~$136,000), but housing is more affordable. You trade higher pay for lower stability.
Lakewood hits a sweet spot: competitive pay without the punishing overhead of the coastal metropolises.
📊 Compensation Analysis
📈 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 brutally honest about the math. A $142,355 salary sounds great until you see your first California paycheck and pay your first rent.
Assumptions for this breakdown:
- Filing status: Single, no dependents
- Standard deduction
- California state tax (one of the highest in the nation)
- Federal tax
- FICA (7.65%)
- No pre-tax 401(k) contributions (for a baseline view)
Estimated Monthly Take-Home Pay: ~$8,200
(After taxes. Your actual take-home will vary with deductions for benefits, 401(k), etc.)
Monthly Budget Breakdown for a Single Pharmacist:
| Expense Category | Estimated Monthly Cost | Notes |
|---|---|---|
| Rent (1BR) | $2,252 | Lakewood average. Could be $1,900 in a less trendy area or $2,800 for a luxury complex. |
| Utilities | $200 | Electricity, gas, internet. Water is often included in rent. |
| Car Payment/Insurance | $500 | California has high car insurance premiums. Gas is also expensive. |
| Groceries | $400 | For one person. |
| Health Insurance (if not covered) | $400 | If your employer covers it, this is $0. |
| Misc./Entertainment | $500 | Eating out, subscriptions, etc. |
| Savings/Debt | $3,948 | The remainder. This is where you build wealth. |
Can they afford to buy a home?
The median home price in Lakewood is approximately $850,000. To comfortably afford this with a 20% down payment ($170,000), you'd need a household income well over $200,000. A single pharmacist at $142,355 cannot comfortably buy a home alone without a massive down payment or significant other income. However, with a partner (e.g., another professional) and disciplined saving for 5-7 years, it's absolutely achievable. Many pharmacists here live in apartments or condos for their first several years.
Insider Tip: The Cost of Living Index is 115.5 (US avg = 100). This means your dollar stretches 15.5% less here than the national average. Your $142,355 salary feels more like $123,250 nationally. Keep this in mind when comparing offers.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: Lakewood's Major Employers
Lakewood is not a major hospital hub. Instead, it's a community-focused city with a mix of retail, independent, and hospital-adjacent pharmacy roles. The job market is stable but not booming (10-Year Job Growth: -3%), reflecting national trends in retail pharmacy consolidation.
Here are the primary employers for pharmacists in and immediately around Lakewood:
Long Beach Memorial Medical Center (Miller Children's & Women's Hospital): Located just south of Lakewood in Long Beach. This is the premier hospital employer. They have a large, specialized inpatient pharmacy. Hiring is competitive; they value clinical experience (PGY-1 residency is often preferred). They also have outpatient and specialty pharmacy roles.
St. Mary Medical Center (Long Beach): Another major hospital system, part of Dignity Health. Their pharmacy department serves the community and offers roles in inpatient, outpatient, and informatics. A strong contender for those seeking hospital experience.
CVS Pharmacy: Lakewood has multiple locations. While corporate retail faces headwinds, these are stable jobs with clear paths to management (Pharmacy Manager, District Leader). It's a common entry point or lateral move for work-life balance. Hiring trends: steady but franchised locations may have less turnover.
Walgreens: Similar to CVS, with several locations in Lakewood. Corporate structure, benefits, and staffing models are comparable. Check specific store volumes—some in this area are high-volume, which can be stressful.
Veterans Affairs (VA) Healthcare System: The VA Long Beach Healthcare System is a short drive away. Federal jobs are highly coveted for their job security, pension, and benefits. They are notoriously slow to hire but offer excellent work-life balance and non-retail environments. You need to apply through USAJobs.gov and be patient.
Independent Pharmacies: Lakewood has a few remaining independent pharmacies. These are often community-focused, with closer relationships with local doctors. They can offer more autonomy but may have less structured benefits. Look for pharmacies near Lakewood Regional Medical Center.
Pharmaceutical Distributors & Specialty Pharmacies: Companies like McKesson and Cardinal Health have distribution centers in the greater region (e.g., Commerce, Anaheim). These roles are often in logistics, sales, or clinical specialty—different from traditional dispensing but a great career pivot.
Hiring Trend Insight: The -3% growth is real. Retail is consolidating, but hospital and specialty sectors are growing. To future-proof your career, consider pursuing a PGY-1 residency to enter hospital or clinical roles, which are more resilient to the retail squeeze.
Getting Licensed in CA
California has strict and specific licensing requirements. The process is managed by the California State Board of Pharmacy. Start this process before you move.
Key Steps & Costs:
- Education: NABP-accredited Pharm.D.
- FPGEE: Foreign Pharmacy Graduate Examination Committee (for international grads).
- North American Pharmacist Licensure Examination (NAPLEX): The main national competency exam.
- California Jurisprudence Exam (CPJE): California-specific law exam. This is crucial and requires dedicated study of CA pharmacy law.
- Live Scan Fingerprints: Mandated background check.
- Application Fees: Approximately $350-$500 total for all applications and exams.
Timeline & Tips:
- Timeline: From start to finish, allow 6-9 months if you pass all exams on the first try. The CA Board is known for being methodical but efficient.
- Insider Tip: The CPJE is the trickiest part. Do not underestimate it. Use dedicated study guides and focus on California-specific laws (e.g., controlled substance regulations, technician supervision laws, opioid mandates).
- Intern Hours: If you are an international graduate, you must complete your hours under a licensed pharmacist in a recognized training program. Plan this carefully.
- Transfer from Another State: If you're already licensed in another state, you can apply for reciprocal licensure, but you must still pass the CPJE. You do not need to retake the NAPLEX.
Start Here: The California Board of Pharmacy website is your bible. Bookmark it.
Best Neighborhoods for Pharmacists
Lakewood is largely suburban, but the neighborhood you choose affects your commute, lifestyle, and rent. Here are top picks, considering proximity to major employers.
| Neighborhood | Vibe & Commute | Estimated 1BR Rent | Best For |
|---|---|---|---|
| North Lakewood | Quiet, established, close to Long Beach hospitals (10-15 min). Older homes, mature trees. | $2,100 - $2,400 | Those working at Memorial or St. Mary who want a classic suburban home feel without the major renovation. |
| Lakewood Center Area | Central, walkable to shopping (Lakewood Center Mall). Mix of apartments and condos. Easy access to I-605 & 405. | $2,200 - $2,600 | The social pharmacist. You're in the heart of the action, near restaurants and retail. A short commute anywhere. |
| Los Alamitos Road Area | Slightly newer, more diverse housing stock. Great public schools. Feels a bit more upscale than the core. | $2,300 - $2,700 | Pharmacists with families (or planning them) who prioritize schools and a slightly more modern feel. |
| Cerritos (Adjacent) | Butts up against Lakewood. Very affluent, excellent schools, and a major hub for Asian markets and restaurants. | $2,400 - $3,000 | Those seeking a higher-end community with a short commute to Lakewood. Cerritos is where many healthcare professionals choose to reside. |
| Long Beach (East Side) | Urban, diverse, closer to the beach. Commute to Lakewood employers is still easy (15-20 mins). | $1,900 - $2,300 | The young professional who wants beach access, more nightlife, and a lower rent than Lakewood proper. |
Commute Insight: Traffic on the 405 Freeway is a daily reality. Living in North Lakewood and working at a hospital in Long Beach is a dream commute (under 20 mins). Living in Cerritos and commuting to a Lakewood retail pharmacy is even easier. Avoid crossing the 405 during rush hour if possible.
The Long Game: Career Growth
The 10-year job growth of -3% is a warning sign for stagnation in traditional roles. To grow, you must specialize.
Specialty Premiums & Paths:
- Oncology, Infectious Disease, Critical Care: These clinical specialties in hospital settings can command a 10-20% premium over the standard hospital pharmacist salary, pushing you toward $165,000 - $180,000.
- Pharmacy Informatics: Managing medication systems (e.g., Cerner, Epic) in hospitals. This is a growing field with salaries comparable to or exceeding clinical roles. Requires additional IT/tech skills.
- Managed Care / PBM: Roles with insurers like Kaiser Permanente (which has a massive presence in Southern California) or Blue Shield. These are corporate, M-F, 9-5 jobs, often paying $150,000 - $170,000.
- Industry: Pharmaceutical sales, medical science liaison (MSL), or regulatory affairs. This often requires moving to a corporate hub (like Irvine or South San Francisco) but offers high upside ($180,000+).
10-Year Outlook:
The retail dispensing model will continue to contract. The future is in clinical, specialized, and administrative roles. Pharmacists who adapt and gain certifications (BCPS, BCOP, etc.) will remain in high demand. The -3% overall growth is misleading; it's a net figure. While retail jobs disappear, clinical pharmacy jobs are growing faster than the national average in major systems like Kaiser and UCLA Health (nearby).
Insider Tip: Network with pharmacy managers at Long Beach Memorial and Kaiser. They often post internal jobs and look for referrals. Join the California Society of Health-System Pharmacists (CSHP) to meet local leaders.
The Verdict: Is Lakewood Right for You?
Lakewood is not a career launchpad for the ultra-ambitious who want to be in the heart of a biotech or big pharma ecosystem. It is, however, an exceptional choice for a pharmacist who values stability, community, and a balanced lifestyle.
Pros and Cons for a Pharmacist in Lakewood:
| Pros | Cons |
|---|---|
| Above-average salary ($142,355) for the cost of living. | High cost of living (Index 115.5) and high taxes. |
| Strategic location in the LA/Orange County corridor with major hospital employers nearby. | Job growth is stagnant (-3%), especially in retail. You need to specialize to advance. |
| Excellent public schools (in parts like Cerritos). | Traffic is a significant daily factor. |
| Diverse, family-friendly community with strong amenities. | Not a "hip" or walkable urban core; it's a classic suburb. |
| Stable housing market compared to LA or OC hotspots. | Limited local nightlife; most entertainment is in Long Beach or Anaheim. |
Final Recommendation:
Move to Lakewood if: You are a mid-career pharmacist seeking a stable job in a hospital or established retail chain, you value community and good schools, and you're willing to trade a high-energy urban lifestyle for a more grounded, suburban existence. It's a fantastic place to raise a family while maintaining a strong professional career.
Reconsider if: You are a new graduate looking for the highest possible starting salary (look to Bay Area or LA), you crave a vibrant, walkable city life, or your long-term goal is to work in pharmaceutical R&D or tech (which clusters in San Diego or the Bay).
FAQs
Q: Is the cost of living in Lakewood manageable on a pharmacist's salary?
A: Yes, but it requires budgeting. Your $142,355 salary is solid, but after California taxes and $2,252/month rent, you won't be living lavishly. It's comfortable, not extravagant. You can save, but buying a home alone will take years of aggressive saving.
Q: How competitive is the job market for hospital pharmacy positions?
A: Very competitive. Major systems like Long Beach Memorial and St. Mary often prefer candidates with a PGY-1 residency. If you don't have one, focus on gaining experience in a clinical setting (e.g., a clinical staff role at a hospital) and network aggressively. Be prepared for a longer job search (3-6 months).
Q: What's the commute like from Lakewood to major hospitals?
A: Excellent. To Long Beach Memorial, it's a 10-15 minute drive via surface streets. To St. Mary or the VA, it's 15-20 minutes. The key is avoiding the freeway during rush hour, which adds 15-30 minutes. Living centrally in Lakewood minimizes this issue.
Q: Are there opportunities for pharmacists to work in non-traditional roles?
A: Absolutely. The proximity to the Port of Long Beach, logistics hubs, and pharmaceutical distributors creates opportunities in supply chain, regulatory affairs, and industry roles. You may need to commute to nearby cities like Anaheim or Irvine for these, but
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