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Pharmacy Degree in Salem, OR — Salary & ROI 2026

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

Starting Salary

$60K

COL-adjusted

Mid-Career

$150K

COL-adjusted

ROI Payback

6.3 yrs

in Salem

Cost of Living

120

index (100 = avg)

Pharmacy in Salem, OR Overview

Salem, Oregon (pop. 175,535) has 14 colleges offering Pharmacy programs. The local cost of living index of 120 is higher than average, so budget accordingly, with average rent near campus at $1,384/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 Salem is approximately $60,000, growing to $150,000 by mid-career.

Category

Healthcare

Local Colleges

14

Public Tuition

$12,943/yr

Private Tuition

$46,250/yr

Room & Board

$15,380/yr

Avg Fin. Aid

$14,172/yr

Unemployment

5.4%

Graduation Rate

57%

Pharmacy Salary in Salem (COL-Adjusted)

Salaries adjusted for Salem's cost of living index of 120 (national average = 100).

Entry Level (0-2 yrs)
$60,000(+$10,000 vs national)
Mid Career (5-9 yrs)
$150,000(+$25,000 vs national)
Senior Level (15+ yrs)
$168,000(+$28,000 vs national)

Note: National average Pharmacy salary: $50,000 starting, $125,000 mid-career, $140,000 senior level.Salem adjustment factor: 1.20x based on the local cost of living index.

Pharmacy ROI Calculator for Salem

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

Public avg: $12,943 | Private avg: $46,250

Salem avg aid: $14,172/yr

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

Total Education Cost

$113,292

tuition + room & board - aid

Annual Earnings Premium

$18,000

vs HS diploma in Salem

ROI Payback Period

6.3 years

to break even

Lifetime Return in Salem

$1,026,708

Lifetime earnings premium ($1,140,000) minus total education cost ($113,292)

Student Loan Payoff for Pharmacy in Salem

Standard Plan (10 years)

Loan Amount$113,292
Monthly Payment$1,286
Total Interest$41,077
% of Monthly Income26%

Aggressive Plan (5 years)

Loan Amount$113,292
Monthly Payment$2,217
Total Interest$19,709
Interest Savings$21,368

Colleges in Salem for Pharmacy

Willamette University

private

$46,250/yr

$185,000 total

Community Colleges (2-Year Transfer)

Chemeketa Community College

$4,536/yr

Top Employers for Pharmacy in Salem

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

CVS HealthWalgreensHospitalsRite AidCostco

Key Salem Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Pharmacy Job Titles

PharmacistClinical PharmacistPharmacy Manager

Pharmacy Degree in Salem — 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 Salem.

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