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Pharmacy Degree in Franklin, TN — Salary & ROI 2026

Pharmacy degree analysis for Franklin, TN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$59K

COL-adjusted

Mid-Career

$148K

COL-adjusted

ROI Payback

5.8 yrs

in Franklin

Cost of Living

118.5

index (100 = avg)

Pharmacy in Franklin, TN Overview

While Franklin has a smaller college scene with 4 institutions, Pharmacy students benefit from lower tuition costs. Room and board averages $15,807/year, and the car-friendly layout shapes the student experience. Although national enrollment in Pharmacy has been declining, graduates with skills in Pharmacology and Drug Interactions remain competitive in the job market. The adjusted starting salary in Franklin is approximately $59,250, growing to $148,125 by mid-career.

Category

Healthcare

Local Colleges

4

Public Tuition

$10,100/yr

Private Tuition

$32,000/yr

Room & Board

$15,807/yr

Avg Fin. Aid

$15,962/yr

Unemployment

3.6%

Graduation Rate

56%

Pharmacy Salary in Franklin (COL-Adjusted)

Salaries adjusted for Franklin's cost of living index of 118.5 (national average = 100).

Entry Level (0-2 yrs)
$59,250(+$9,250 vs national)
Mid Career (5-9 yrs)
$148,125(+$23,125 vs national)
Senior Level (15+ yrs)
$165,900(+$25,900 vs national)

Note: National average Pharmacy salary: $50,000 starting, $125,000 mid-career, $140,000 senior level.Franklin adjustment factor: 1.19x based on the local cost of living index.

Pharmacy ROI Calculator for Franklin

Estimate your return on investment for a Pharmacy degree using local Franklin tuition and cost of living data.

Public avg: $10,100 | Private avg: $32,000

Franklin avg aid: $15,962/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$103,628

tuition + room & board - aid

Annual Earnings Premium

$17,775

vs HS diploma in Franklin

ROI Payback Period

5.8 years

to break even

Lifetime Return in Franklin

$1,022,122

Lifetime earnings premium ($1,125,750) minus total education cost ($103,628)

Student Loan Payoff for Pharmacy in Franklin

Standard Plan (10 years)

Loan Amount$103,628
Monthly Payment$1,177
Total Interest$37,573
% of Monthly Income24%

Aggressive Plan (5 years)

Loan Amount$103,628
Monthly Payment$2,028
Total Interest$18,028
Interest Savings$19,545

Colleges in Franklin for Pharmacy

Franklin State University

public

$10,603/yr

$42,412 total

Community Colleges (2-Year Transfer)

Franklin Community College

$5,615/yr

Top Employers for Pharmacy in Franklin

Franklin offers opportunities in Hospitals, Medical centers, Private practices for Pharmacy graduates. National top employers in this field include:

CVS HealthWalgreensHospitalsRite AidCostco

Key Franklin Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Pharmacy Job Titles

PharmacistClinical PharmacistPharmacy Manager

Pharmacy Degree in Franklin — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Pharmacy ROI in other cities, or explore other majors in Franklin.

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