What are the main factors that influence a Formulary Manager's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Formulary Manager?

The Healthcare industry offers the highest average compensation for Formulary Manager roles, with salaries approximately 30% above the market median.

What are the highest paying cities for a Formulary Manager?

Formulary Manager salary varies significantly by city. The top 3 highest paying cities in Florida for Formulary Manager roles are San Jose $215,631, San Francisco $213,270, Oakland $208,775.

How much do different types of Formulary Manager roles make?

Salaries for Formulary Manager level roles vary by specialization: Biopharma Process Development Senior Manager: $171,803; Formulary Operations Manager: $171,000; Formulary Strategy Manager: $170,960; PBM Senior Manager: $160,200; Managed Care Pharmacy Senior Manager: $160,126.

Formulary Manager Salary in Parrish, FL

How much does a Formulary Manager make in Parrish, FL?

As of August 01, 2026, the average salary for a Formulary Manager in Parrish, FL is $161,199 per year, which breaks down to an hourly rate of $77.

However, a Formulary Manager's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $198,162
Majority Range (25th-75th percentile): $140,867 to $180,547
Entry-Level (10th percentile): $122,356

10% $122,356

50% (Median) $161,199

90% $198,162

Formulary Manager Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$180,547	$15,046	$3,472	$87
Average	$161,199	$13,433	$3,100	$77
25th Percentile	$140,867	$11,739	$2,709	$68

Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

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Key Factors That Influence Formulary Manager Salaries

A Formulary Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location and company size can directly affect your earning potential.

Top Paying Cities for Formulary Manager

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $215,631
San Francisco: $213,270
Oakland: $208,775

San Jose, CA $215,631

San Francisco, CA $213,270

Oakland, CA $208,775

New York, NY $196,841

Paramus, NJ $194,447

Queens Village, NY $194,439

Passaic, NJ $194,276

Bergenfield, NJ $194,261

Stamford, CT $193,885

Huntington, NY $193,815

Newark, NJ $192,551

Bridgeport, CT $192,190

Vallejo, CA $191,850

New Brunswick, NJ $191,782

Petaluma, CA $191,679

Middlesex, NJ $191,354

Somerset, NJ $191,235

Santa Cruz, CA $191,013

Boston, MA $189,970

Monterey, CA $189,370

Seattle, WA $188,978

Santa Rosa, CA $188,944

Los Angeles, CA $188,893

Juneau, AK $188,448

Washington, DC $188,260

Orange, CA $187,652

Santa Ana, CA $187,200

Long Beach, CA $187,029

Anaheim, CA $186,995

Anchorage, AK $186,910

Santa Maria, CA $186,397

Everett, WA $186,362

Danbury, CT $185,761

Bremerton, WA $185,525

Tacoma, WA $184,909

New Suffolk, NY $184,906

Sacramento, CA $184,858

Santa Barbara, CA $184,670

Trenton, NJ $184,482

San Diego, CA $184,482

Brockton, MA $184,294

Fairbanks, AK $183,875

Lompoc, CA $183,439

Lowell, MA $183,301

Ventura, CA $183,268

Nashua, NH $183,234

Stockton, CA $183,217

Modesto, CA $181,969

Poughkeepsie, NY $181,593

Olympia, WA $181,268

Kennewick, WA $181,268

New Haven, CT $181,200

Lawrence, MA $180,584

Hartford, CT $180,413

Riverside, CA $180,379

New Bedford, MA $180,208

Richland, WA $180,208

Bakersfield, CA $179,969

San Bernardino, CA $179,900

New Britain, CT $179,883

Atlantic City, NJ $179,883

New London, CT $179,815

Norwich, CT $179,763

Portsmouth, NH $179,729

Boulder, CO $179,367

Portland, OR $179,131

Worcester, MA $179,114

Minneapolis, MN $178,584

Philadelphia, PA $178,344

Honolulu, HI $177,780

Saint Paul, MN $177,698

Vineland, NJ $177,661

Providence, RI $177,165

Chicago, IL $176,669

Bellingham, WA $176,464

Springfield, MA $176,327

Baltimore, MD $176,276

Chico, CA $175,848

Pittsfield, MA $175,387

Manchester, NH $175,062

Spokane, WA $174,310

Denver, CO $174,293

Albany, NY $173,489

Troy, NY $173,421

Nassau, NY $173,238

Schenectady, NY $173,062

Wilmington, DE $172,925

Burlington, VT $172,686

Salem, OR $172,617

Portland, ME $172,087

Yakima, WA $171,916

Rochester, MN $171,386

Reno, NV $171,301

Fresno, CA $171,301

Milwaukee, WI $171,147

Detroit, MI $170,976

Ann Arbor, MI $170,947

Allentown, PA $170,925

Colorado Springs, CO $170,634

Syracuse, NY $170,549

Carson City, NV $170,549

Houston, TX $170,309

Eugene, OR $170,224

Gary, IN $170,019

Springfield, OR $169,882

Bismarck, ND $169,848

Galveston, TX $169,728

Medford, OR $169,472

Fort Collins, CO $169,403

Concord, NH $169,318

Austin, TX $169,267

Mesa, AZ $168,908

Reading, PA $168,890

Phoenix, AZ $168,873

Dallas, TX $168,822

Saint Cloud, MN $168,658

Madison, WI $168,429

Utica, NY $167,967

Rochester, NY $167,694

Des Moines, IA $167,677

Raleigh, NC $167,660

Atlanta, GA $167,403

Battle Creek, MI $167,352

Salt Lake City, UT $167,301

Lancaster, PA $167,044

Harrisburg, PA $166,805

Kansas City, MO $166,634

Champaign, IL $166,600

Kansas City, KS $166,600

Fort Worth, TX $166,583

Columbus, OH $166,553

Boca Raton, FL $166,514

Pittsburgh, PA $166,446

Richmond, VA $166,377

Indianapolis, IN $166,343

Cleveland, OH $166,326

Las Vegas, NV $166,121

Cincinnati, OH $166,121

Petersburg, VA $165,864

Huntsville, AL $165,608

Lansing, MI $165,494

Lebanon, PA $165,471

Pueblo, CO $165,454

Appleton, WI $165,403

Buffalo, NY $165,335

Dayton, OH $165,283

Racine, WI $165,249

Charlotte, NC $165,232

Saint Louis, MO $165,181

York, PA $165,078

Elkhart, IN $165,078

Gastonia, NC $165,046

Billings, MT $165,005

Beaumont, TX $164,958

Lorain, OH $164,924

Benton Harbor, MI $164,890

Toledo, OH $164,856

Binghamton, NY $164,770

Rock Hill, SC $164,753

Rockford, IL $164,668

Springfield, IL $164,599

Elyria, OH $164,582

Fargo, ND $164,582

Flagstaff, AZ $164,463

Fort Lauderdale, FL $164,360

Duluth, MN $164,257

Miami, FL $164,257

Cheyenne, WY $164,138

Grand Forks, ND $164,138

Bangor, ME $163,762

Cedar Rapids, IA $163,574

Durham, NC $163,502

Louisville, KY $163,488

Grand Rapids, MI $163,454

Hialeah, FL $163,437

Casper, WY $163,198

Scranton, PA $162,992

New Orleans, LA $162,941

Virginia Beach, VA $162,924

Akron, OH $162,839

Peoria, IL $162,616

Sarasota, FL $162,582

Nashville, TN $162,462

Omaha, NE $162,462

Green Bay, WI $162,462

Baton Rouge, LA $162,377

Charleston, SC $162,343

Jamestown, NY $162,257

Davenport, IA $162,257

Tucson, AZ $162,172

Saint Petersburg, FL $162,069

Tampa, FL $162,035

Evansville, IN $161,932

Port Arthur, TX $161,932

Bradenton, FL $161,864

Santa Fe, NM $161,556

Orlando, FL $161,249

Clearwater, FL $161,197

Canton, OH $160,838

La Crosse, WI $160,838

Albuquerque, NM $160,736

Newport News, VA $160,719

High Point, NC $160,667

Ogden, UT $160,599

Corpus Christi, TX $160,462

Norfolk, VA $160,360

Laramie, WY $160,360

Rock Island, IL $160,257

Saginaw, MI $160,223

Jacksonville, FL $160,206

Salisbury, NC $160,172

Boise, ID $160,137

Moline, IL $160,052

Fort Myers, FL $160,001

Memphis, TN $159,966

Tulsa, OK $159,881

Waterloo, IA $159,778

Spartanburg, SC $159,607

Lincoln, NE $159,522

Fort Wayne, IN $159,488

Provo, UT $159,471

Cedar Falls, IA $159,265

San Antonio, TX $159,197

Greensboro, NC $159,129

South Bend, IN $159,112

Savannah, GA $158,924

Muskegon, MI $158,855

Birmingham, AL $158,838

Winston Salem, NC $158,754

Lake Charles, LA $158,342

Anderson, IN $158,308

Lexington, KY $158,257

Augusta, GA $158,206

Greenville, SC $158,206

Lima, OH $158,069

Wichita, KS $158,052

Tuscaloosa, AL $158,052

Columbia, SC $157,898

Springfield, OH $157,864

Asheville, NC $157,590

Bloomington, IN $157,470

Knoxville, TN $156,855

Shreveport, LA $156,838

Wilmington, NC $156,616

Roanoke, VA $156,616

Topeka, KS $156,308

Frankfort, KY $156,289

Oklahoma City, OK $156,171

Chillicothe, OH $156,103

Longview, TX $156,086

Melbourne, FL $156,069

Sioux Falls, SD $155,795

Mobile, AL $155,778

Terre Haute, IN $155,710

Altoona, PA $155,607

Amarillo, TX $155,487

Killeen, TX $155,436

Fayetteville, AR $155,299

Chattanooga, TN $155,248

Sioux City, IA $155,094

Idaho Falls, ID $155,060

Lynchburg, VA $154,923

Gainesville, FL $154,701

Portsmouth, OH $154,615

Little Rock, AR $154,581

Lafayette, LA $154,513

Youngstown, OH $154,513

Daytona Beach, FL $154,410

Clarksville, TN $154,393

Pensacola, FL $154,376

Temple, TX $154,364

Hopkinsville, KY $153,863

Erie, PA $153,829

Florence, SC $153,761

Charleston, WV $153,487

Great Falls, MT $153,402

Macon, GA $153,162

Tallahassee, FL $153,145

Fayetteville, NC $153,111

Waco, TX $153,077

Helena, MT $152,957

Pine Bluff, AR $152,892

Vincennes, IN $152,684

Lubbock, TX $152,615

Alamogordo, NM $152,513

Twin Falls, ID $152,359

Rapid City, SD $152,307

Jackson, MS $152,000

Huntington, WV $151,988

Greenville, MS $151,983

Parkersburg, WV $151,808

Montgomery, AL $151,777

Wichita Falls, TX $151,606

Springfield, MO $151,606

Biloxi, MS $151,521

Monroe, LA $151,350

Johnstown, PA $151,230

Sumter, SC $151,162

Columbus, GA $151,145

Pascagoula, MS $150,820

Abilene, TX $150,820

Kingsport, TN $150,376

Albany, GA $150,376

Gulfport, MS $150,324

Alexandria, LA $149,760

Fort Smith, AR $149,333

El Paso, TX $148,871

Las Cruces, NM $148,102

Harlingen, TX $147,668

Pocatello, ID $147,640

Florence, AL $147,418

Brownsville, TX $147,384

Mcallen, TX $147,025

Dothan, AL $146,785

Columbus, MS $145,770

Altus, OK $144,973

Lawton, OK $144,648

Pierre, SD $144,033

Formulary Manager Salary by Company Size: Startups vs. Enterprise

Formulary Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $178,748. While startup companies pay approximate $151,630.

Formulary Manager Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$151,630
Growth Stage	51~500	$160,263
Established	501~5000	$172,699
Enterprise	5000+	$178,748

Formulary Manager Salary by Industry: Top Paying Sectors

For Formulary Manager roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Pharmaceuticals sectors offer the strongest compensation, at 30% above the average. In contrast, Formulary Manager positions in Insurance or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Formulary Manager as a support function rather than a direct revenue driver.

The top paying industries for a Formulary Manager

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Healthcare	$222,247	$107.0	30%
Pharmaceuticals	$205,151	$99.0	20%

Formulary Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Formulary Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

$140,867

Average $161,199/year

$180,547

$11,739

Average $13,433/month

$15,046

$2,709

Average $3,100/week

$3,472

$68

Average $77/hour

$87

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$180,547	$15,046	$3,472	$87
Average	$161,199	$13,433	$3,100	$77
25th Percentile	$140,867	$11,739	$2,709	$68

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Formulary Manager Salary in Parrish, FL

How much does a Formulary Manager make in Parrish, FL?

Key Factors That Influence Formulary Manager Salaries

Top Paying Cities for Formulary Manager

Formulary Manager Salary by Company Size: Startups vs. Enterprise

Formulary Manager Salary by Company Size

Formulary Manager Salary by Industry: Top Paying Sectors

The top paying industries for a Formulary Manager

Formulary Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Find Your Next Formulary Manager Job

For Employees

For Employers

Cost of Living In Parrish, FL

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?

Formulary Manager Salary in Parrish, FL

How much does a Formulary Manager make in Parrish, FL?

Key Factors That Influence Formulary Manager Salaries

Top Paying Cities for Formulary Manager

Formulary Manager Salary by Company Size: Startups vs. Enterprise

Formulary Manager Salary by Company Size

Formulary Manager Salary by Industry: Top Paying Sectors

The top paying industries for a Formulary Manager

Formulary Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Salaries of Jobs related to Formulary Managers

Find Your Next Formulary Manager Job

For Employees

For Employers

Cost of Living In Parrish, FL

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?