Pharmacy Benefit Analyst Salary in the United States

How much does a Pharmacy Benefit Analyst make in the United States?

As of January 01, 2026, the average salary for a Pharmacy Benefit Analyst in the United States is $60,260 per year, which breaks down to an hourly rate of $29.

However, a Pharmacy Benefit Analyst's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $67,437
  • Majority Range (25th-75th percentile): $53,453 to $64,017
  • Entry-Level (10th percentile): $47,255
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View as table View as graph 25% $53,453 10% $47,255 90% $67,437 75% $64,017 $60,260 50%(Median) Didn’t find job title? Click

Pharmacy Benefit Analyst Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $64,017 $5,335 $1,231 $31
Average $60,260 $5,022 $1,159 $29
25th Percentile $53,453 $4,454 $1,028 $26
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Key Factors That Influence Pharmacy Benefit Analyst Salaries

A Pharmacy Benefit Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Pharmacy Benefit Analyst Salaries?

Experience is a primary driver of a Pharmacy Benefit Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $59,598
  • Early Career (1-2 years): $60,733
  • Mid-Level (2-4 years): $61,978
  • Senior-Level (5-8 years): $62,148
  • Expert (over 8 years): $62,431
Levels Salary
Entry Level Pharmacy Benefit Analyst$59,598
Intermediate Level Pharmacy Benefit Analyst$60,733
Senior Level Pharmacy Benefit Analyst$61,978
Specialist Level Pharmacy Benefit Analyst$62,148
Expert Level Pharmacy Benefit Analyst$62,431
$59,598 0 yr
$60,733 < 2 yrs
$61,978 2-4 yrs
$62,148 5-8 yrs
$62,431 > 8 yrs
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What Am I Worth?

How Do Pharmacy Benefit Analyst Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Pharmacy Benefit Analysts. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $66,720.
  • California: $66,467.
  • Massachusetts: $65,581.

Top Paying Cities for Pharmacy Benefit Analysts

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: $76,006
  • San Francisco: $75,259
  • Oakland: $73,589

What Skills Can Increase a Pharmacy Benefit Analyst's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 19.66% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Pricing (Mentioned in 2.04% Job Postings): Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
  • Due Diligence (Mentioned in 1.53% Job Postings): Due diligence is the investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or contract with another party, or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is the process through which a potential acquirer evaluates a target company or its assets for an acquisition. The theory behind due diligence holds that performing this type of investigation contributes significantly to informed decision making by enhancing the amount and quality of information available to decision makers and by ensuring that this information is systematically used to deliberate in a reflexive manner on the decision at hand and all its costs, benefits, and risks.
See More Skills
Skills Demand Percentage
Analysis 19.66%
Pricing 2.04%
Due Diligence 1.53%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Pharmacy Benefit Analyst's salary.
  • Interpersonal Communication: Can increase your salary by up to 94%.
  • Property Management: Can increase your salary by up to 94%.
  • Project Management: Can increase your salary by up to 29%.
Skill Salary Salary % Increase
Interpersonal Communication
$116,904
94%
Property Management
$116,904
94%
Project Management
$77,735
29%
Market Research
$76,530
27%
Budgeting
$75,927
26%
Pricing
$74,120
23%
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How Education impacts a Pharmacy Benefit Analyst's Salary?

Your level of education can impact your salary potential. While many Pharmacy Benefit Analysts enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Pharmacy Benefit Analyst with a High School Diploma or Technical Certificate is between $54,138 and $57,336).

Pharmacy Benefit Analyst Salaries by Degree Level

Typical Education for Pharmacy Benefit Analyst
Degree Level % of user with this level of education
No Diploma 25.0%
High School 25.0%
Associates 6.3%
Bachelors 62.5%
Masters 6.3%
Doctorate 0.0%
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Pharmacy Benefit Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Pharmacy Benefit Analyst'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.

Last Updated on January 01, 2026

Salary Trends for Pharmacy Benefit Analyst

Salaries for a Pharmacy Benefit Analyst can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $79,621 in 2023 to around $74,555 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Pharmacy Benefit Analyst salary trends, .

Average Annual Salary of Pharmacy Benefit Analyst Over Time

2022
$???
2023
$79,621
2024
$76,710
2025
$74,555
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $79,621
2024 $76,710
2025 $74,555
2026
View More
2027
View More

Most common benefits for Pharmacy Benefit Analyst

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Pharmacy Benefit Analyst

Here are companies hiring for Pharmacy Benefit Analyst and their salaries, click below for more details.

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Ready to take the next step in your career? Browse thousands of current Pharmacy Benefit Analyst job openings on our job board. Use the search bar below to find your perfect match.

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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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