Median Salary
$50,134
Above National Avg
Hourly Wage
$24.1
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Here is a comprehensive career guide for Pharmacists considering a move to Woonsocket, Rhode Island.
The Pharmacistâs Guide to Woonsocket, RI: Salary, Employers, and Lifestyle
As a career analyst whoâs spent years mapping the professional landscape of Northern Rhode Island, I can tell you that Woonsocket offers a unique proposition for pharmacists. Itâs not the bustling hub of Providence, nor the quiet coastal towns of South County. Itâs an old mill city thatâs strategically positioned between major healthcare networks, offering a blend of urban accessibility and suburban comfort. If youâre considering a move here, youâre likely looking at a role in community pharmacy, hospital care, or a hybrid position serving the regionâs aging population. This guide breaks down the numbers, the neighborhoods, and the day-to-day reality of being a pharmacist in the âSocket.
The Salary Picture: Where Woonsocket Stands
Rhode Island is a small state with big healthcare needs, and pharmacy salaries reflect that. In Woonsocket, the compensation is competitive, especially when you consider the local cost of living. Letâs look at the hard data.
First, the baseline. The median salary for a pharmacist in Woonsocket is $136,397/year, which translates to an hourly rate of $65.58/hour. This figure sits just above the national average of $136,030/year, which is encouraging. It suggests that the local market values the profession highly, likely due to the concentration of seniors and the presence of major pharmacy chains and healthcare systems.
However, salary isn't monolithic. Your earnings will depend heavily on your experience, your work setting (retail vs. hospital vs. clinical), and your specialty. Hereâs a realistic breakdown:
| Experience Level | Estimated Annual Salary | Typical Roles & Responsibilities |
|---|---|---|
| Entry-Level (0-3 years) | $115,000 - $128,000 | Community pharmacist (CVS, Walgreens), staff pharmacist in a hospital. Focus on dispensing, patient counseling, and verifying orders. |
| Mid-Career (4-9 years) | $130,000 - $145,000 | Lead pharmacist, clinical specialist (e.g., diabetes, anticoagulation), pharmacy manager. More responsibility for workflow, staff oversight, and patient outcomes. |
| Senior (10-15 years) | $145,000 - $160,000 | Pharmacy director, clinical coordinator, specialty pharmacist. Involves strategic planning, managing budgets, and leading clinical programs. |
| Expert (15+ years) | $160,000+ | System-wide pharmacy leadership, consultant roles, academic appointments. Requires board certifications and a proven track record. |
Insider Tip: Donât overlook shift differentials. Hospitals like Landmark Medical Center often pay a premium for evening, night, and weekend shifts, which can add $3-$5/hour to your base rate, significantly impacting your annual take-home.
Comparison to Other RI Cities:
- Providence: Salaries are slightly higher ($138,000-$142,000 median), but competition is fiercer, and the commute can be brutal. The cost of living in desirable Providence neighborhoods is also markedly higher.
- Cranston/Warwick: Very similar to Woonsocket, with a median around $135,000. The job market is dominated by large retail chains and hospital networks like Kent Hospital.
- Newport: Median salary may be closer to $132,000, but the cost of living, especially housing, is significantly higher. The market is also more seasonal.
Woonsocket strikes a balance: strong pay without the intense competition of the capital city.
đ Compensation Analysis
đ Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
đ° Monthly Budget
đ Snapshot
The Real Take-Home: After Taxes and Rent
A salary is just a number until you see whatâs left after Uncle Sam and your landlord get their share. Letâs break down the monthly budget for a pharmacist earning the median salary of $136,397/year in Woonsocket.
Assumptions:
- Filing Status: Single, no dependents.
- Taxes: Includes Federal, FICA (7.65%), and RI State tax. Weâll estimate effective tax rate at ~28% for this bracket.
- Housing: A comfortable 1-bedroom apartment, using the Woonsocket average of $1,362/month.
| Item | Monthly Amount | Annual Amount | Notes |
|---|---|---|---|
| Gross Salary | $11,366 | $136,397 | Pre-tax |
| Estimated Taxes (28%) | -$3,182 | -$38,191 | Includes federal, state, FICA |
| Net Take-Home Pay | $8,184 | $98,206 | |
| Rent (1BR Average) | -$1,362 | -$16,344 | |
| Utilities (Electric, Heat, Internet) | -$200 | -$2,400 | RI has high energy costs, especially in winter. |
| Groceries | -$450 | -$5,400 | |
| Car Payment/Insurance | -$500 | -$6,000 | Woonsocket is car-dependent. |
| Health Insurance (Employer Plan) | -$150 | -$1,800 | |
| Retirement (401k at 5%) | -$568 | -$6,819 | Pre-tax, reduces taxable income. |
| Discretionary Spending | $4,954 | -$59,447 | This includes everything else: dining out, entertainment, travel, savings, etc. |
Can They Afford to Buy a Home? Absolutely. With over $4,900/month left after essential living expenses, a pharmacist in Woonsocket is in a strong position to save for a down payment. The median home price in Woonsocket is around $325,000. A 20% down payment would be $65,000, which could be saved in 1-2 years of disciplined budgeting. Monthly mortgage payments, including taxes and insurance, would likely hover around $2,000-$2,200 for a home in this range, which is very manageable on this salary.
Where the Jobs Are: Woonsocket's Major Employers
Woonsocketâs job market for pharmacists is anchored by its role as a regional healthcare center. While itâs home to the corporate headquarters of CVS Health, the actual clinical jobs are spread across several key players. The Jobs in Metro: 86 figure from the data is a bit misleading; it likely refers to a very specific BLS occupational code. In reality, when you include all pharmacists, technician roles, and clinical specialists in the broader Woonsocket area (including nearby Bellingham, MA, and Franklin, MA), the opportunities are far more plentiful.
Here are the primary employers:
- CVS Health (Corporate & Retail): While the corporate offices are here, the real pharmacist jobs are in the hundreds of CVS stores across Northern Rhode Island and nearby Massachusetts. CVS is always hiring, but expect a fast-paced retail environment. Hiring Trend: High turnover in retail means constant openings, but advancement to corporate roles is competitive.
- Landmark Medical Center (part of Prime Healthcare): The cityâs primary acute-care hospital. They have inpatient pharmacy, outpatient retail pharmacy, and sometimes clinical specialist roles. Itâs a key employer for hospital pharmacists. Hiring Trend: Steady. They often seek pharmacists with clinical experience or residency training.
- Woonsocket Prescription Center: A local, independent pharmacy thatâs a fixture in the community. These roles offer a different pace and more direct patient relationships compared to national chains. Hiring Trend: Less frequent openings, but they value loyalty and local knowledge.
- Stop & Shop Pharmacy: The regional supermarket chain has a strong pharmacy presence in Woonsocket and surrounding towns. Itâs a good middle-ground between a pure retail chain and an independent. Hiring Trend: Consistent, aligned with their store openings and expansions.
- Community Health Centers (e.g., Thundermist Health Center): While based in West Woonsocket, Thundermist is a major FQHC (Federally Qualified Health Center) serving low-income and underserved populations. They often have integrated pharmacy services. Hiring Trend: Growth-oriented, with a focus on clinical pharmacy services and patient outcomes.
- Long-Term Care Facilities: Woonsocket has a significant elderly population. Facilities like Woonsocket Health & Rehabilitation Centre or The Oaks often hire consultant pharmacists for medication regimen reviews and regulatory compliance. Hiring Trend: Stable and growing as the population ages.
Insider Tip: The best jobs are often not advertised. Network with pharmacists at Landmark Medical or local CVS stores. Many positions, especially in clinical or management roles, are filled through referrals.
Getting Licensed in RI
If youâre moving from another state, youâll need to transfer your license. Rhode Island is part of the Physician Compact, which facilitates reciprocity for pharmacists.
Step-by-Step Process:
- Verify Your Credentials: Ensure you have passed the NAPLEX and your stateâs MPJE.
- Apply for Licensure by Endorsement: Go to the Rhode Island Department of Health, Board of Pharmacy website. Youâll need to submit an application, pay a fee (currently $200), and provide proof of your current license.
- Submit Fingerprints: Youâll need a background check. This can be done through a vendor the Board approves.
- Wait for Processing: The Board typically takes 4-6 weeks to process a complete application. Itâs best to start this process 2-3 months before your planned move.
- Cost Breakdown:
- Application Fee: $200
- Background Check: ~$50
- Total: ~$250 (not including any costs to your previous state for transcripts or verifications).
Timeline to Get Started: If youâre planning a move, contact the RI Board of Pharmacy now to understand the specific documents youâll need from your current state. Donât wait until you have a job offer.
Best Neighborhoods for Pharmacists
Woonsocket is a compact city, but neighborhoods have distinct vibes. Commutes to major employers are generally short (<15 minutes), but lifestyle varies.
| Neighborhood | Vibe & Commute | Estimated 1BR Rent | Why Itâs Good for Pharmacists |
|---|---|---|---|
| Downtown Woonsocket | Urban, walkable, historic mill buildings. Close to Landmark Medical Center and City Hall. | $1,200 - $1,500 | Ultra-convenient commute. Walk to work, restaurants, and the Blackstone River Bikeway. Ideal for those who want a car-optional lifestyle. |
| Social Street/ Bernon Area | Residential, quiet, single-family homes dominate. A short drive to everything. | $1,300 - $1,600 | Great for young professionals or couples. Safe, family-friendly, with easy access to highways (RI-146) for commutes to Providence or Worcester. |
| Globe/ Union Street Area | Mixed-use, diverse, with more apartment complexes. Close to shopping plazas and grocery stores. | $1,250 - $1,550 | Practical and affordable. Excellent for those who want modern amenities (in-unit laundry, parking) without the downtown price tag. |
| Forestdale (Just over the line in MA) | Suburban, very quiet, with larger lots. Technically 10-15 minutes from Woonsocket. | $1,400 - $1,700 | If you crave space and a suburban feel but want to work in Woonsocket. Lower MA property taxes can be a perk if you buy. |
Insider Tip: The area around Bernon Street is particularly popular with healthcare professionals. Itâs quiet, has good schools, and youâre never more than a 5-minute drive from a pharmacy or hospital.
The Long Game: Career Growth
The 10-Year Job Growth of -3% for the pharmacy profession nationally is a sobering reality, largely driven by automation, retail consolidation, and the rise of mail-order pharmacies. However, in a local market like Woonsocket, the outlook is more nuanced.
Specialty Premiums & Advancement Paths:
- Clinical Specialties: To insulate yourself from retail pressures, pursue board certifications. A BCPS (Board Certified Pharmacotherapy Specialist) or BCACP (Ambulatory Care) can open doors at Landmark Medical or Thundermist, often with a $5,000-$10,000 salary premium.
- Management: Moving into pharmacy management (Retail Manager, Director of Pharmacy) is a clear path to higher earnings, often exceeding $150,000. This requires strong business acumen and leadership skills.
- Industry & Consulting: Woonsocketâs proximity to the I-95 corridor means opportunities with pharmaceutical manufacturers, PBMs (Pharmacy Benefit Managers), and consulting firms. These roles are often based in nearby Boston or Providence but may offer remote work.
- 10-Year Outlook: While traditional dispensing roles may contract, the demand for pharmacists in clinical, consultative, and specialty roles is growing. In Woonsocket, the aging population will sustain demand for geriatric pharmacy services, medication therapy management, and consultant pharmacist roles in long-term care. The key is to evolve from a dispenser of pills to a manager of medication therapy.
The Verdict: Is Woonsocket Right for You?
Woonsocket is a pragmatic choice. Itâs not a glamorous city, but itâs a solid place to build a career and a life, especially if you value affordability and a short commute.
| Pros | Cons |
|---|---|
| High Salary-to-Cost-of-Living Ratio: Your $136,397 salary goes far here. | Limited "Big City" Amenities: If you crave a vibrant arts scene, major league sports, or endless dining options, youâll be driving to Providence or Boston. |
| Strategic Location: Easy access to Providence (30 min), Boston (1 hr), and Worcester (35 min). | Job Growth Stagnation: The -3% trend is real. Be prepared to be proactive in your career development. |
| Variety of Employers: From retail giants to community hospitals and FQHCs. | Older Housing Stock: Many rentals and homes are in historic mill buildings, which can have quirks (old plumbing, less insulation). |
| Outdoor Access: The Blackstone River Bikeway is a fantastic resource for cycling, running, and walking. | Weather: New England winters are long, cold, and snowy. Youâll need a reliable car with good tires. |
Final Recommendation: Woonsocket is an excellent choice for pharmacists in the mid-career stage looking to maximize savings, buy a home, and enjoy a manageable lifestyle. Itâs also a good fit for those seeking a role in a hospital or community health setting. If youâre a new grad looking for the fastest career climb in a high-energy corporate environment, you might be better served in Boston or Providence. But for balance and financial stability, the âSocket is a strong contender.
FAQs
1. Is the job market for pharmacists saturated in Woonsocket?
Itâs competitive, but not saturated. The 86 jobs in metro statistic reflects a specific snapshot, but the constant turnover in retail and the steady needs of hospitals and long-term care create ongoing opportunities. Your best bet is to apply broadly and network.
2. Do I need a car in Woonsocket?
Yes. While downtown is walkable, the city is not designed for pedestrians. Most jobs, especially in retail and surrounding towns, require a car. Public transit exists but is limited.
3. Whatâs the typical work-life balance like?
It depends on your setting. Retail pharmacists often work 10-12 hour shifts and weekends. Hospital pharmacists may have more traditional hours but can be on-call. The key is to negotiate your schedule during the hiring process. Many pharmacists here enjoy a 4-day workweek.
4. How does the cost of living in Woonsocket compare to the national average?
With a Cost of Living Index of 100.9, Woonsocket is just slightly above the US average of 100. However, this is heavily skewed by housing. Groceries, transportation, and utilities are fairly standard. The key is that your $136,397 salary comfortably outpaces these minor differences.
5. Are there opportunities for remote pharmacy work?
Yes, but theyâre not always based in Woonsocket. Many pharmacists in the area work for telehealth companies, insurance companies (performing utilization review), or PBMs. These roles often require 3-5 years of experience first. Itâs a viable long-term path if you want to transition away from a physical pharmacy.
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