According to the US Bureau of Labor Statistics, the average annual salary for Pharmacists is $125,690, while the average annual salary for Mechanical Engineers is $97,000. This means that Pharmacists earn a higher salary than Mechanical Engineers.
Keep in mind, however, that factors such as location, experience, and the specific workplace can affect salary. For instance, Pharmacists in California may have higher earnings (averaging $146,140 per annum) compared to those in Tennessee ($115,400). As another example, the average pay of Mechanical Engineers in New Mexico is 54% higher compared to those in Arkansas.
Pharmacists vs Mechanical Engineers overview
Pharmacists and Mechanical Engineers are two important roles in the Health and Personal Care Stores and Professional, Scientific, and Technical Services industries respectively. There is a common interest in understanding the differences between these job titles, as well as the average salaries for each.
Pharmacist job description
Pharmacists dispense drugs prescribed by physicians and other health practitioners and provide information to patients about medications and their use. May advise physicians and other health practitioners on the selection, dosage, interactions, and side effects of medications.
Pharmacist education and experience
Most Pharmacists (78%) have a Doctoral Degree. But this field also includes some employees who have a Bachelor's Degree (11%) and a Post-Doctoral Training (5%). When it comes to experience, 45% of Pharmacist occupations do not require any previous experience. A smaller portion of roles (22%) require a previous experience of 2 to 4 years.
Pharmacist average salary
According to the US Bureau of Labor Statistics, the United States had a workforce of 312,550 Pharmacists in 2021 and they earned an average annual income of $125,690. The lowest earning 10 percent made $76,840 or less, and the highest earning 10 percent made $164,590 or more per year.
Do Pharmacists make good money?
Pharmacists typically make good salaries, since their mean salary is 116% above the average pay in the United States ($58,260). Furthermore, they make almost two times more than the mean salary of the Health and Personal Care Stores industry ($47,490).
Pharmacists typically make good salaries, since their mean salary is 116% above the average pay in the United States ($58,260).
Mechanical Engineer job description
Mechanical Engineers perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. Oversee installation, operation, maintenance, and repair of equipment such as centralized heat, gas, water, and steam systems.
Mechanical Engineer education and experience
Becoming a Mechanical Engineer typically involves completing a Bachelor's Degree. However, among employees in this occupation, there are also some with an Associate's Degree (7%). When it comes to experience, about a quarter of Mechanical Engineer jobs require a 4 to 6 years of work-related experience. A smaller part of jobs (26%) require a previous experience of 2 to 4 years.
Mechanical Engineer average salary
Based on data from the US Bureau of Labor Statistics, 278,240 Mechanical Engineers were employed by the United States in 2021, and their average annual salary was $97,000. The lowest earning 10 percent made $60,750 or less, and the highest earning 10 percent made $136,210 or more per year. Compared to the previous year, the average salary has risen by 1.5%.
Do Mechanical Engineers make good money?
Mechanical Engineers generally earn good salaries, as their average salary is 66% higher than the average salary in the United States ($58,260). Furthermore, they earn 6% more than the average pay of the Professional, Scientific, and Technical Services industry ($91,150).
Mechanical Engineers generally earn good salaries, as their average salary is 66% higher than the average salary in the United States ($58,260).
Mechanical Engineers job growth
There has been a decrease in the employment of Mechanical Engineers in the last two years. In 2021, there have been 15,720 less roles than the previous year nationwide, which marks a decrease of 5.3%. Job growth has averaged -2.8% for the last 3 years.
FAQ
Do Pharmacists or Mechanical Engineers make more?
Pharmacists make about a third more than Mechanical Engineers. The average annual salary for Mechanical Engineers is $97,000, compared to $125,690 for Pharmacists.
How long does it take to become a Pharmacist vs Mechanical Engineer?
Becoming a Pharmacist typically requires a Doctoral Degree. A Doctoral Degree itself usually takes between 4 years and 6 years to obtain. And, given that a Master's Degree is a prerequisite, the full educational process could take around 13 years to complete. On the other hand, becoming a Mechanical Engineer typically requires a Bachelor's Degree. A Bachelor's Degree usually takes around 4 years to obtain.
Is it harder to become a Pharmacist vs Mechanical Engineer?
Becoming a Pharmacist is much more difficult than becoming a Mechanical Engineer, since an additional 9 years of education are required.
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