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Average Pharmacists Salary in Anchorage, AK

Pharmacists in Anchorage, Alaska, earn an impressive average annual salary of $155,620, significantly exceeding the national average of $136,140. This elevated compensation is likely influenced by factors such as the unique logistical challenges of operating in Alaska and the demand for specialized healthcare professionals in a geographically distinct region.

Executive Summary

  • Average Salary: $155,620 per year.
  • Growth Trend: Salaries have shifted 7.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $183,890.
  • Outlook: With a local workforce of 310 Pharmacists and a Location Quotient of 0.82, Anchorage presents a stable, albeit slightly below national average, concentration of these professionals. The presence of 1.754 jobs per 1,000 workers indicates a consistent demand, suggesting a robust job market for skilled individuals in this field within the city.
2024 Market Data

Salary Overview

$155,620

The average Pharmacists in Anchorage, AK earns+14.3%above the national average.

BreakdownBased on 40h/week
Hourly

$74.8

Weekly

$2,993

Monthly

$12,968

Pharmacists Salary Distribution in Anchorage, AK

Salary progression for Pharmacists in Anchorage typically scales with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn significantly more, potentially reaching higher percentiles of the salary distribution. The gap between entry-level and senior roles signifies clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$78,370$37.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$116,715$56.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$163,200$78.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$194,525$93.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$183,890$88.4

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$155,620

Gross Pay

Real Wage (Purchasing Power)

$155,620

Adjusted for COL (100)

The average annual salary of $155,620 in Anchorage aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Pharmacist's salary in Anchorage is equivalent to the national average, offering a stable financial standing without the typical premium or discount associated with higher or lower cost-of-living areas.

Job Market Context

310

Total Jobs

1.754

Per 1K Jobs

0.82

Location Quotient

Below Average

Anchorage, AK has 0.82x the national average concentration of Pharmacists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

Anchorage's Location Quotient of 0.82 suggests that the concentration of Pharmacists is slightly lower than the national average. This indicates that while the profession is well-established, the market may not be oversaturated, potentially leading to competitive opportunities for qualified candidates seeking employment in the area.

Nearby Job Markets

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Anchorage, AK?

The median annual salary for a Pharmacists in Anchorage, AK is $155,620. This typically ranges from $78,370 for entry-level positions to $183,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Anchorage, AK is 14.3% higher than the national median of $136,140.

Is Anchorage, AK a lucrative place for Pharmacists?

Yes, Anchorage, AK is a lucrative place for Pharmacists.Pharmacists in Anchorage earn $19,480 more annually than the national average, and the cost of living is on par with the national average, making it financially advantageous.

Is Anchorage, AK a good place to live for Pharmacists?

The Cost of Living Index in Anchorage, AK is 100. While higher than average, this often correlates with higher wages.

How does the Anchorage Pharmacist salary compare to the national average?

The average annual salary for Pharmacists in Anchorage is $155,620, which is $19,480 higher than the national average of $136,140.

What is the Cost of Living in Anchorage, AK for Pharmacists?

The Cost of Living Index in Anchorage is 100, which is exactly the national average. This means your salary has average purchasing power.

Is the job market for Pharmacists strong in Anchorage?

With 1.754 jobs per 1,000 workers and a Location Quotient of 0.82, the market shows consistent demand without being overly saturated, indicating a healthy job environment.

How many Pharmacists work in Anchorage?

There are approximately 310 Pharmacists employed in Anchorage, Alaska.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Anchorage, AK area with a job density of 1.754 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Anchorage, AK