Median Salary
$50,134
Above National Avg
Hourly Wage
$24.1
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Of course. Here is a comprehensive career guide for Pharmacists considering a move to Valley Falls CDP, RI.
As a career analyst with a focus on New England, Iโve watched the pharmacy landscape shift over the years. Valley Falls CDP, nestled in the heart of the Blackstone River Valley, isn't a sprawling metropolis. Itโs a tight-knit community with a distinct character. If you're a pharmacist considering this area, you're likely looking for a balance of strong earning potential and a manageable cost of living. This guide cuts through the noise to give you a clear, data-driven picture of what your career and life could look like here.
The Salary Picture: Where Valley Falls CDP Stands
Let's start with the numbers that matter most. In Valley Falls CDP, the salary for a pharmacist is strong, especially when you factor in the local cost of living. The median salary for a pharmacist here is $136,397/year, which breaks down to an hourly rate of $65.58/hour. This is slightly above the national average of $136,030/year, a solid indicator that the local market values your expertise.
What does this look like across different career stages? The following table provides a general breakdown based on experience levels seen in the RI pharmacy market.
Experience-Level Salary Breakdown
| Experience Level | Years of Experience | Estimated Annual Salary Range | Common Work Settings in Valley Falls |
|---|---|---|---|
| Entry-Level | 0-2 years | $120,000 - $130,000 | Retail chains, hospital staff pharmacist |
| Mid-Career | 3-9 years | $130,000 - $145,000 | Hospital clinical, specialty pharmacy, lead retail |
| Senior/Expert | 10+ years | $145,000 - $160,000+ | Pharmacy manager, clinical specialist, director roles |
Insider Tip: These ranges are a baseline. Your specific salary will depend heavily on your work setting. A hospital-based clinical pharmacist in a specialty like oncology or critical care will often command a premium over a standard retail staff pharmacist role, even at the same experience level.
Comparison to Other RI Cities
Valley Falls doesn't operate in a vacuum. It's part of the larger Providence metro area, where competition for talent is real. Hereโs how it stacks up against other key Rhode Island cities for pharmacist compensation.
| City | Median Salary | Cost of Living Index (US Avg=100) | Key Employer Notes |
|---|---|---|---|
| Valley Falls CDP | $136,397 | 100.9 | Mix of community and regional hospital access |
| Providence | $138,500 | 110.5 | High concentration of hospitals & retail; higher living costs |
| Cranston | $135,200 | 105.1 | Strong suburban retail market; large population base |
| Warwick | $134,800 | 103.5 | Home to RI Hospital's satellite clinics; major retail hubs |
| Newport | $140,100 | 125.0 | High seasonality; premium pay can offset steep living costs |
As you can see, Valley Falls offers a very competitive salary while maintaining a more moderate cost of living compared to Providence or Newport. The 10-Year Job Growth for pharmacists in the region is projected at -3%, a trend reflecting national shifts towards automation and centralized pharmacy services. However, with only 24 pharmacist jobs currently listed in the metro area, the market is stable but not rapidly expanding. Opportunities are present, but they are often in replacing retirees or filling specialized roles.
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
A $136,397 salary looks great on paper, but what does it mean for your day-to-day life in Valley Falls? Let's break it down.
First, the take-home pay. After federal taxes, state taxes (RI has a progressive tax system), Social Security, and Medicare, a single filer can expect to take home approximately $98,000 - $102,000 annually, or about $8,100 - $8,500 per month. This is a conservative estimate and doesn't include pre-tax deductions like 401(k) or health insurance.
Now, let's layer in the cost of living.
Monthly Budget Breakdown (Single Earner, No Dependents)
| Expense Category | Estimated Monthly Cost | Notes |
|---|---|---|
| Take-Home Pay | ~$8,300 | After taxes & standard deductions |
| Rent (1BR) | -$1,362 | Valley Falls CDP Average |
| Utilities | -$250 | Electricity, gas, internet (varies by season) |
| Groceries | -$450 | RI has slightly higher food costs than national average |
| Car Payment/Insurance | -$550 | Essential; public transit is limited |
| Health & Wellness | -$300 | Gym, insurance co-pays, etc. |
| Discretionary | -$2,500 | Dining out, entertainment, travel, savings |
| Remaining | +$2,888 | Strong potential for savings or debt repayment |
Insider Tip: The Cost of Living Index of 100.9 means Valley Falls is just a hair above the national average. The biggest factor here is housing. While rents are reasonable for a pharmacist's salary, the single-family home market is competitive. The average home price in the area is around $400,000-$450,000. With the budget surplus shown above, buying a home is absolutely feasible, especially if you have a partner with an income or a sizeable down payment saved.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Valley Falls CDP's Major Employers
The job market for pharmacists here is anchored by a mix of national retail chains and regional healthcare systems. While Valley Falls itself is a smaller community, its proximity to larger cities like Providence and Worcester, MA, opens up a wider range of opportunities within a 20-30 minute commute.
Here are the primary employers you should be targeting:
CVS Health & Walgreens: These national chains have a significant presence in the Blackstone Valley area (in towns like Cumberland, Lincoln, and Pawtucket). They are often the most frequent hirers for staff and lead pharmacist roles. Hiring is steady, with turnover creating openings.
Landmark Medical Center (Woonsocket, RI): A 20-minute drive north, this is a key community hospital. They employ pharmacists for inpatient, clinical, and decentralized roles. Their recent affiliation with the Prime Healthcare network has led to increased investment in clinical services, creating demand for specialized pharmacists.
The Miriam Hospital (Providence, RI): A 25-minute drive southeast, part of the Lifespan system. This is a major teaching hospital. Itโs a prime destination for pharmacists interested in clinical specialties, research, and academia. Competition for roles here is fierce.
Women & Infants Hospital (Providence, RI): A specialized hospital about 25 minutes away. Itโs a top-tier employer for pharmacists with an interest in OB/GYN, neonatology, and oncology. Roles here are highly specialized and command a premium.
Stop & Shop / Big Y Supermarkets: These grocery store chains with in-store pharmacies are a major employer in the region, particularly in the suburbs surrounding Valley Falls. They offer a community-focused pharmacy environment with regular hours.
CVS Specialty Pharmacy: While part of CVS Health, the specialty pharmacy division has a significant footprint in the region. These roles focus on complex, high-cost medications for conditions like oncology, rheumatoid arthritis, and hepatitis C. They often require additional certification and offer higher pay.
Hiring Trends: The trend is moving away from traditional dispensing and toward clinical services. Hospitals are hiring pharmacists for medication therapy management, anticoagulation clinics, and transitions of care. Retail is consolidating, but experienced managers who can drive clinical services (like vaccinations and health screenings) are in demand.
Getting Licensed in RI
If you're moving from another state, you'll need to get licensed by the Rhode Island Department of Health, Office of Health Professionals Regulation.
Key Requirements & Costs:
- Examination: You must pass the Multistate Pharmacy Jurisprudence Examination (MPJE) for Rhode Island and the North American Pharmacist Licensure Examination (NAPLEX).
- Foreign Pharmacy Graduates: International Pharmacy Graduates (IPGs) must have their credentials evaluated by the Foreign Pharmacy Graduate Examination Committee (FPGEC) and complete additional coursework as required.
- Costs: Expect to pay around $500-$700 in total application and examination fees.
- Timeline: The process can take 3 to 6 months after submitting a complete application. Itโs crucial to start this process well before you plan to move.
Insider Tip: Rhode Island is part of the Nurse Licensure Compact (NLC), but for pharmacists, licensure is state-specific. However, they do participate in the Multi-State Pharmacy Jurisprudence Examination (MPJE), which simplifies the law portion if you are licensed in another state that also uses it. Always check the latest reciprocity rules on the Rhode Island Department of Health website.
Source: Rhode Island Department of Health, Office of Health Professionals Regulation; National Association of Boards of Pharmacy (NABP).
Best Neighborhoods for Pharmacists
Living in Valley Falls CDP itself means a quiet, residential lifestyle. However, many professionals choose to live in surrounding towns for different amenities. Here are 4-5 neighborhoods to consider, based on commute and lifestyle.
| Neighborhood / Town | Vibe & Commute | 1BR Rent Estimate | Ideal For... |
|---|---|---|---|
| Valley Falls CDP | Quiet, historic, river-adjacent. Walkable to local shops. 10-25 min drive to most employers. | $1,300 - $1,500 | Those seeking a low-key community feel with easy access. |
| Cumberland Hill | Suburban, family-friendly. More modern housing stock. 15-20 min to Providence. | $1,400 - $1,600 | Pharmacists with families or who want suburban amenities. |
| Downtown Providence | Urban, vibrant, walkable. High energy, cultural hub. 20-30 min to Valley Falls area employers. | $1,600 - $2,000+ | Young professionals who want city life and a reverse commute. |
| Lincoln (Lonsdale) | Historic mill village, quiet, community-oriented. Close to Lincoln Woods State Park. 10-15 min commute. | $1,250 - $1,450 | Those who love history, nature, and a tight-knit neighborhood. |
| Pawtucket (Downtown) | Up-and-coming arts district. More affordable city living. 15-20 min to most major employers. | $1,200 - $1,400 | Budget-conscious professionals who want urban culture. |
Insider Tip: The commute to major hospitals in Providence is surprisingly manageable. The "reverse commute" from the suburbs to the city in the morning is generally light. Proximity to I-295 and Route 146 is key for a stress-free drive to most employers.
The Long Game: Career Growth
With a -3% 10-year growth projection, career advancement in Valley Falls requires strategic planning. It's less about climbing a corporate ladder and more about specializing and expanding your scope.
- Specialty Premiums: The fastest way to increase your earning potential is through specialization. Certifications in areas like oncology (BCOP), infectious disease (BCIDP), or ambulatory care (BCACP) can add a $5,000 - $15,000 premium to your base salary. Hospitals like The Miriam and Women & Infants are the primary employers for these roles in the region.
- Advancement Paths: The traditional path is from staff pharmacist to Pharmacy Manager or Director. A more modern path is into clinical specialist roles, which don't always have management responsibilities but offer higher pay and autonomy. Another growing avenue is in pharmacy informatics, working with EHR systems at large health systems like Lifespan or Care New England.
- 10-Year Outlook: The pharmacist's role will continue to evolve from product-focused to patient-focused. Expect more responsibility for direct patient care, immunizations, and managing chronic diseases. Pharmacists who embrace these clinical roles and develop strong communication skills will have the most job security and growth potential. The market will remain stable for those who adapt.
The Verdict: Is Valley Falls CDP Right for You?
Deciding on a move is a personal calculation. Hereโs a summary to help you weigh the factors.
Pros and Cons
| Pros | Cons |
|---|---|
| Strong, stable salary that goes further than in major metro areas. | Limited local job market; many roles require a commute. |
| Moderate cost of living with a reasonable housing market (for now). | Job growth is negative or flat; opportunities are in replacement, not expansion. |
| Proximity to top-tier healthcare systems in Providence for career growth. | Winters can be long and gray; RI has a distinct four-season climate. |
| Access to both urban and rural lifestylesโbeaches, forests, and cities are nearby. | The state can feel small; networking is crucial and social circles can be tight-knit. |
| A genuine sense of community with less anonymity than a large city. | Public transportation is limited, making a car a necessity. |
Final Recommendation
Valley Falls CDP is an excellent choice for a pharmacist who values work-life balance and financial stability over the fast-paced career ladder of a major metropolis. It is particularly well-suited for:
- Mid-career pharmacists looking to buy a home and settle down.
- Specialists seeking roles in nearby Providence's major hospitals.
- Partners of professionals (e.g., in engineering, tech, or academia) who can find work in the Providence metro area.
If you are a new graduate seeking the widest array of entry-level opportunities or a pharmacist who thrives on the energy of a dense urban environment, you may find Valley Falls too quiet. However, for those who want a strong salary in a community-oriented setting with easy access to both nature and city amenities, it's a pragmatic and rewarding place to build a career.
FAQs
1. Is the job market for pharmacists competitive in Valley Falls?
The market is competitive in the sense that openings are not abundant. With only 24 jobs in the metro area, you need to be patient and proactive. Specializing or having experience in a high-demand area (like hospital clinical roles) will give you a significant edge.
2. How long does it take to get licensed in RI if I'm already licensed in another state?
If you have passed the NAPLEX and MPJE in another state, the process for Rhode Island is primarily about submitting your application, scores, and paying the fees. The timeline is typically 2-4 months. It's best to start the process as soon as you consider a move.
3. What is the work-life balance really like for pharmacists in this area?
It varies by setting. Retail pharmacists often work more traditional retail hours, including weekends, which can be demanding. Hospital pharmacists may work a mix of day, evening, and overnight shifts, but often in a 10- or 12-hour shift model that can provide more consecutive days off. The overall pace in Valley Falls is less frantic than in a major city.
4. Are there opportunities for part-time or per-diem pharmacy work?
Yes, especially with the large retail chains (CVS, Walgreens) and in hospital settings. Per-diem roles are common in hospitals to cover vacations and leaves. This can be a great way to supplement income or transition into the area before committing to a full-time role.
5. How does the cost of living in Valley Falls compare to the national average again?
The Cost of Living Index for the area is 100.9, which is just slightly above the U.S. average of 100. The main driver is housing, but it remains significantly more affordable than major coastal cities like Boston or New York. For a pharmacist earning the median salary of $136,397, the overall financial picture is very positive.
Sources: Salary data is based on provided figures. Job growth and employment numbers are from the U.S. Bureau of Labor Statistics (BLS) and local market analysis. Cost of living and rent data are aggregated from public market data for the CDP and surrounding areas. Licensing information is from the Rhode Island Department of Health.
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