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Pharmacy Degree in Knoxville, TN — Salary & ROI 2026

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

Starting Salary

$43K

COL-adjusted

Mid-Career

$106K

COL-adjusted

ROI Payback

6 yrs

in Knoxville

Cost of Living

85

index (100 = avg)

Pharmacy in Knoxville, TN Overview

While Knoxville has a smaller college scene with 5 institutions, Pharmacy students benefit from lower tuition costs. Room and board averages $10,300/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 Knoxville is approximately $42,500, growing to $106,250 by mid-career.

Category

Healthcare

Local Colleges

5

Public Tuition

$8,792/yr

Private Tuition

$47,660/yr

Room & Board

$10,300/yr

Avg Fin. Aid

$10,344/yr

Unemployment

6.6%

Graduation Rate

47%

Pharmacy Salary in Knoxville (COL-Adjusted)

Salaries adjusted for Knoxville's cost of living index of 85 (national average = 100).

Entry Level (0-2 yrs)
$42,500($-7,500 vs national)
Mid Career (5-9 yrs)
$106,250($-18,750 vs national)
Senior Level (15+ yrs)
$119,000($-21,000 vs national)

Note: National average Pharmacy salary: $50,000 starting, $125,000 mid-career, $140,000 senior level.Knoxville adjustment factor: 0.85x based on the local cost of living index.

Pharmacy ROI Calculator for Knoxville

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

Public avg: $8,792 | Private avg: $47,660

Knoxville avg aid: $10,344/yr

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

Total Education Cost

$76,368

tuition + room & board - aid

Annual Earnings Premium

$12,750

vs HS diploma in Knoxville

ROI Payback Period

6 years

to break even

Lifetime Return in Knoxville

$731,132

Lifetime earnings premium ($807,500) minus total education cost ($76,368)

Student Loan Payoff for Pharmacy in Knoxville

Standard Plan (10 years)

Loan Amount$76,368
Monthly Payment$867
Total Interest$27,689
% of Monthly Income24%

Aggressive Plan (5 years)

Loan Amount$76,368
Monthly Payment$1,494
Total Interest$13,286
Interest Savings$14,404

Colleges in Knoxville for Pharmacy

University of Tennessee

public

$13,264/yr

$53,056 total

Pellissippi State Community College

public

$4,320/yr

$17,280 total

Community Colleges (2-Year Transfer)

Pellissippi State Community College

$4,320/yr

Top Employers for Pharmacy in Knoxville

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

CVS HealthWalgreensHospitalsRite AidCostco

Key Knoxville Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Pharmacy Job Titles

PharmacistClinical PharmacistPharmacy Manager

Pharmacy Degree in Knoxville — 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 Knoxville.

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