Average Pharmacists Salary in Alexandria, LA
Pharmacists in Alexandria, LA, earn an average annual salary of $129,820. This figure is slightly below the national average of $136,140, suggesting that while the demand is present, local market dynamics and potentially other factors contribute to this compensation level. Understanding these local nuances is key for any pharmacist considering a move to or within Alexandria.
Executive Summary
- Average Salary: $129,820 per year.
- Growth Trend: Salaries have shifted 8.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $150,660.
- Outlook: With a total local workforce of 210 pharmacists and a Location Quotient of 1.63, Alexandria, LA, demonstrates a notable concentration of this profession relative to the national average. This indicates a robust demand and a potentially stable job market for pharmacists in the area, suggesting that opportunities are more abundant here than in a typical U.S. city.
Salary Overview
The average Pharmacists in Alexandria, LA earns-4.6%below the national average.
$62.4
$2,497
$10,818
Pharmacists Salary Trends (2020-2024)
While specific historical data for Alexandria is not provided, it is generally assumed that pharmacist salaries nationwide have experienced steady growth over the past four years, driven by an aging population and increasing healthcare needs. This trend likely extends to Alexandria, LA, where pharmacists can anticipate a gradual increase in earning potential as the demand for their specialized skills continues to rise.
Pharmacists Salary Distribution in Alexandria, LA
Salary progression for pharmacists in Alexandria, LA, typically scales significantly with experience. Entry-level positions will command lower salaries, while senior pharmacists with extensive experience and specialized skills can expect to earn considerably more, potentially reaching the higher percentiles of the salary range. The gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $98,330 | $47.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $97,365 | $46.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $134,140 | $64.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $162,275 | $78 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $150,660 | $72.4 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$129,820
Gross Pay
Real Wage (Purchasing Power)
$129,820
Adjusted for COL (100)
The average annual salary of $129,820 in Alexandria, LA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, providing a stable financial foundation for residents without the added financial pressure of a higher cost of living.
Job Market Context
210
Total Jobs
3.468
Per 1K Jobs
1.63
Location Quotient
Alexandria, LA has 1.6x the national concentration of Pharmacists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Alexandria, LA, exhibits a Location Quotient of 1.63 for pharmacists, signifying a market where this profession is 63% more concentrated than the national average. This suggests a competitive yet potentially rewarding environment, with a higher likelihood of finding specialized roles and a strong professional community. The abundance of pharmacists relative to other professions indicates a mature and established market.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Southwest Louisiana nonmetropolitan area Pharmacists Salary | $121,060↓ 7% | 37 mi |
| Central Louisiana nonmetropolitan area Pharmacists Salary | $128,500↓ 1% | 37 mi |
| Northeast Louisiana nonmetropolitan area Pharmacists Salary | $128,060↓ 1% | 37 mi |
| Lafayette, LA Pharmacists Salary | $124,510↓ 4% | 79 mi |
| Lake Charles, LA Pharmacists Salary | $123,070↓ 5% | 87 mi |
Comparing salaries near Alexandria, LA
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Alexandria, LA?
The median annual salary for a Pharmacists in Alexandria, LA is $129,820. This typically ranges from $98,330 for entry-level positions to $150,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Alexandria, LA is 4.6% lower than the national median of $136,140.
Is Alexandria, LA a lucrative place for Pharmacists?
Yes, Alexandria, LA offers a competitive salary for Pharmacists.With an average annual salary of $129,820 and a cost of living on par with the national average, pharmacists can achieve a strong financial standing in Alexandria. The high concentration of the profession also indicates a healthy job market.
Is Alexandria, LA a good place to live for Pharmacists?
The Cost of Living Index in Alexandria, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Alexandria, LA?
Some top paying nearby cities include Southwest Louisiana nonmetropolitan area ($121,060) and Central Louisiana nonmetropolitan area.
How does Alexandria's pharmacist salary compare to the national average?
Pharmacists in Alexandria, LA, earn an average of $129,820 annually, which is slightly lower than the national average of $136,140.
What is the job market like for pharmacists in Alexandria, LA?
The job market is robust, indicated by a Location Quotient of 1.63, meaning the profession is more concentrated here than the national average, suggesting strong demand and opportunity.
How does the cost of living in Alexandria affect a pharmacist's salary?
The cost of living in Alexandria is exactly at the national average (100), meaning the $129,820 salary provides purchasing power equivalent to the national average, making it financially stable.
What does the Location Quotient of 1.63 mean for pharmacists in Alexandria?
A Location Quotient of 1.63 signifies that Alexandria has a significantly higher proportion of pharmacists compared to the national average, indicating a strong presence and potentially more specialized job opportunities within the field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Alexandria, LA area with a job density of 3.468 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Alexandria, LA