DegreeCalc

Pharmacy Degree in Richmond, VA — Salary & ROI 2026

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

Starting Salary

$50K

COL-adjusted

Mid-Career

$125K

COL-adjusted

ROI Payback

6.8 yrs

in Richmond

Cost of Living

100

index (100 = avg)

Pharmacy in Richmond, VA Overview

Richmond, Virginia (pop. 226,610) has 11 colleges offering Pharmacy programs. The local cost of living index of 100 is near the national average, with average rent near campus at $737/month. 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 Richmond is approximately $50,000, growing to $125,000 by mid-career.

Category

Healthcare

Local Colleges

11

Public Tuition

$14,676/yr

Private Tuition

$58,570/yr

Room & Board

$10,932/yr

Avg Fin. Aid

$9,068/yr

Unemployment

5.7%

Graduation Rate

65%

Pharmacy Salary in Richmond (COL-Adjusted)

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

Entry Level (0-2 yrs)
$50,000(+$0 vs national)
Mid Career (5-9 yrs)
$125,000(+$0 vs national)
Senior Level (15+ yrs)
$140,000(+$0 vs national)

Note: National average Pharmacy salary: $50,000 starting, $125,000 mid-career, $140,000 senior level.Richmond adjustment factor: 1.00x based on the local cost of living index.

Pharmacy ROI Calculator for Richmond

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

Public avg: $14,676 | Private avg: $58,570

Richmond avg aid: $9,068/yr

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

Total Education Cost

$102,432

tuition + room & board - aid

Annual Earnings Premium

$15,000

vs HS diploma in Richmond

ROI Payback Period

6.8 years

to break even

Lifetime Return in Richmond

$847,568

Lifetime earnings premium ($950,000) minus total education cost ($102,432)

Student Loan Payoff for Pharmacy in Richmond

Standard Plan (10 years)

Loan Amount$102,432
Monthly Payment$1,163
Total Interest$37,139
% of Monthly Income28%

Aggressive Plan (5 years)

Loan Amount$102,432
Monthly Payment$2,004
Total Interest$17,820
Interest Savings$19,319

Colleges in Richmond for Pharmacy

Virginia Commonwealth University

public

$14,676/yr

$58,704 total

University of Richmond

private

$58,570/yr

$234,280 total

Community Colleges (2-Year Transfer)

Reynolds Community College

$5,340/yr

Top Employers for Pharmacy in Richmond

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

CVS HealthWalgreensHospitalsRite AidCostco

Key Richmond Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Pharmacy Job Titles

PharmacistClinical PharmacistPharmacy Manager

Pharmacy Degree in Richmond — 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 Richmond.

Frequently Asked Questions

Related Calculators