Pharmacoeconomics

Stem Major

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Total Degrees​
Awarded in 2022
138
declining 21.1%
Median In-State​
Public Tuition
$9,360
growing 0.938%
Median Out-of-State​
Private Tuition
$44,770
growing 2.86%
Average Wage
$87,543
growing 7.57%
People in Workforce
4.66M
growing 3.36%
Average Employee Age
42.6
declining 0.529%

About

In 2022, the locations with the highest concentration of Pharmacoeconomics degree recipients are Los Angeles, CA, Boston, MA, and Seattle, WA. In 2022, the locations with a relatively high number of Pharmacoeconomics degree recipients are Los Angeles, CA, Mequon, WI, and New Brunswick, NJ. The most common degree awarded to students studying Pharmacoeconomics is a masters degree.

Institutions

Information about the types of higher education institutions that grant degrees in Pharmacoeconomics and the types of students that study this field. University of Southern California awards the most degrees in Pharmacoeconomics in the US, but University of North Texas Health Science Center and MCPHS University have the highest percentage of degrees awarded in Pharmacoeconomics.

Tuition costs for Pharmacoeconomics majors are, on average, $9,360 for in-state public colleges, and $44,770 for out of state private colleges.

The most common sector, by number of institutions, that offers Pharmacoeconomics programs are Public, 4-year or above institutions (13 total). The most common sector, by number of degrees awarded, is Private not-for-profit, 4-year or above (85 completions).

Institutions

Institution with the Most Degrees Awarded in Pharmacoeconomics (2022)
  1. 66 degrees awarded
  2. 10 degrees awarded
  3. 9 degrees awarded

The most common sector, by number of degrees awarded in Pharmacoeconomics, is Private not-for-profit, 4-year or above (85 completions in 2022).

The following chart shows the share of universities that offer Pharmacoeconomics programs, by the total number of completions, colored and grouped by their sector.

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Tuition Costs for Common Institutions

$9,360
Median In-State Public
$44,770
Median Out of State Private

University of Southern California has the most Pharmacoeconomics degree recipients, with 66 degrees awarded in 2022.

The following bar chart shows the state tuition for the top 5 institutions with the most degrees awarded in Pharmacoeconomics.

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Specialized Colleges

Out of all institutions that offer Pharmacoeconomics programs and have at least 5 graduates in those programs, University of North Texas Health Science Center has the highest percentage of degrees awarded in Pharmacoeconomics, with 0.559%.

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Degrees Awarded by County

Counties with the Most Degrees Awarded in Pharmacoeconomics
  1. 66 degrees awarded
  2. 10 degrees awarded
  3. 9 degrees awarded

This map shows the counties in the United States colored by the highest number of degrees awarded in Pharmacoeconomics by year.

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Growth in Awarded Degrees

Counties with the Fastest Growing Number of Degrees Awarded
  1. 150%
  2. 60%
  3. 40%

This map shows the counties in the United States colored by the highest growth in degrees awarded for Pharmacoeconomics.

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Employment

Information on the businesses and industries that employ Health graduates and on wages and locations for those in the field.

The average salary for Health majors is $87,543 and the most common occupations are Registered nurses, Pharmacists, and Nurse practitioners & nurse midwives.

The industry that employs the most Health majors is General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals, though the highest paying industry, by average wage, is Farm supplies merchant wholesalers.

Yearly Income for Common Jobs

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.
$87,543
Average Wage in Workforce
± $877
7.57%
1 Year Growth
± 1.33%

The average salary for Health majors is $87,543 and the most common occupations are Registered nurses, Pharmacists, and Nurse practitioners & nurse midwives.

This chart shows the average annual salaries of the most common occupations for Health majors.

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Highest Paying Locations

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.

This map shows the public use micro areas (PUMAs) in the United States colored by the average salary of Health majors.

Note that the census collects information tied to where people live, not where they work. It is possible that Health majors live and work in the same place, but it is also possible that they live and work in two different places.

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Most Common

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.

The most common occupations Health majors, by number of employees, are Registered nurses, Pharmacists, and Nurse practitioners & nurse midwives.

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Most Specialized

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.

Compared to other majors, there are an unusually high number of Health majors working as Nurse practitioners & nurse midwives, Nurse anesthetists, and Audiologists.

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Highest Paid

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.

The highest paid occupations by median income for Health majors are Surgeons, Physicians, and Nurse anesthetists.

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Occupations by Share

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.
4.66M
2022 Workforce
± 52,192
3.36%
1 Year Growth
± 1.54%

The number of Health graduates in the workforce has been growing at a rate of 3.36%, from 4.51M in 2021 to 4.66M in 2022.

The largest single share of Health graduates go on to work as Registered nurses (36.5%). This chart shows the various jobs filled by those with a major in Health by share of the total number of graduates.

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Most Common

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.
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Highest Paid

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.
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Industries by Share

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.
4.66M
2022 Workforce
± 52,192
3.36%
1 Year Growth
± 1.54%

The number of Health graduates in the workforce has been growing at a rate of 3.36%, from 4.51M in 2021 to 4.66M in 2022.

The industry which employs the most Health graduates by share is General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals, followed by Outpatient care centers. This visualization shows the industries that hire those who major in Health.

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Specialty Locations

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.

This map shows the public use micro areas (PUMAs) in the United States where there are a relatively high population of Health majors.

Note that the census collects information tied to where people live, not where they work. It is possible that Health majors live and work in the same place, but it is also possible that they live and work in two different places.

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Diversity

Demographic information for those who earn a degree in Health in the United States.

The average age of a person in the workforce with a degree in Health is 42.6.

The most common degree type these workers hold is a Masters Degree. Female employees are more likely to hold Health degrees, and Non-resident Alien students are the most common race/ethnicty group awarded degrees in Health (66 students).

Workforce Age

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.
42.6
Average Age in 2022
± 0.149 Years
0.529%
1 Year Change
± 0.499%

This chart shows distribution of ages for employees with a degree in Health. The most common ages of employees with this major are 30 and 31 years old, which represent 3.06% and 3% of the population, respectively.

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Degrees Awarded

The most common degree types awarded to students graduating in Pharmacoeconomics are Masters Degree, Research Doctorate, and Postbaccalaureate Certificate.

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Workforce Degrees

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.

The most common degree types held by the working population in Health are Bachelors Degree, Masters Degree, and Professional degree.

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Sex Imbalance for Common Institutions

Female (63.8%)
Most Common Sex with a Degree in this Field

This chart shows the granted degrees by sex at the 5 institutions that graduate the most students in Pharmacoeconomics.

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Race & Ethnicity by Degrees Awarded

Most Common Race or Ethnicity
  1. Non-resident Alien
    66 degrees awarded
  2. Asian
    30 degrees awarded
  3. White
    30 degrees awarded

This chart shows the number of degrees awarded in Pharmacoeconomics for each race & ethnicity. Non-resident Alien students earned the largest share of the degrees with this major.

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Race & Ethnicity by Sex

Most Common Race/Ethnicity and Sex Combination
  1. Non-resident Alien Female
    28 degrees awarded
  2. Non-resident Alien Male
    20 degrees awarded
  3. Asian Female
    16 degrees awarded

This chart illustrates the differences by sex for each race & ethnicity of Masters Degree recipients in Pharmacoeconomics.

Non-resident Alien Female students, who earn most of the degrees in this field, are the most common combination of race/ethnicity and sex.

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Global Diversity

The closest comparable data for the 6 Digit Course Pharmacoeconomics is from the 2 Digit Course Health.
Most Common Countries of Origin
  1. Philippines
    202,070 degree recipients
  2. India
    87,039 degree recipients
  3. Mexico
    36,759 degree recipients
High Relative Number of Students
  1. Philippines
    5.03 times more than expected
  2. Cameroon
    3.6 times more than expected
  3. Nigeria
    3.1 times more than expected

There are a relatively high number of people that were born in Philippines that hold Health degrees (5.03 times more than expected), and the most common country of origin by total numbers for non-US students earning a degree in this field is Philippines (202,070 degree recipients).

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Skills

Data on the critical and distinctive skills necessary for those working in the Pharmacoeconomics field from the Bureau of Labor Statistics. Pharmacoeconomics majors need many skills, but most especially Critical Thinking. The revealed comparative advantage (RCA) shows that Pharmacoeconomics majors need more than the average amount of Operations Analysis, Management of Financial Resources, and Management of Material Resources.

These two visualizations, one a radial chart and one a bar chart, show the same information, a rating of how necessary the following skills are for Pharmacoeconomics majors. Toggle between "value" and "RCA" to see the absolute rating of that skill (value) and the revealed comparative advantage (RCA), or how much greater or lesser that skill's rating is than the average. The longer the bar or the closer the line comes to the circumference of the circle, the more important that skill is. The importance of Operations Analysis is very distinctive for majors, but the Critical Thinking, Reading Comprehension, and Active Listening are the three most important skills for people in the field.

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Bar Chart

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