Average Pharmacists Salary in Atlantic City-Hammonton, NJ
Pharmacists in the Atlantic City-Hammonton, NJ area earn an average annual salary of $131,110. This figure is slightly below the national average of $136,140, suggesting that while the demand is present, other regional economic factors may be influencing compensation. The specific economic landscape and healthcare needs of Atlantic City-Hammonton play a crucial role in shaping pharmacist remuneration.
Executive Summary
- Average Salary: $131,110 per year.
- Growth Trend: Salaries have shifted 13.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $158,850.
- Outlook: The Atlantic City-Hammonton area supports a local workforce of 360 pharmacists, indicating a stable, albeit not overwhelmingly large, employment base. With a Location Quotient of 1.02, the concentration of pharmacists is very close to the national average, suggesting a balanced market where demand and supply are relatively aligned. This signifies a robust job market that can sustain current employment levels and potentially offer opportunities for skilled professionals.
Salary Overview
The average Pharmacists in Atlantic City-Hammonton, NJ earns-3.7%below the national average.
$63
$2,521
$10,926
Pharmacists Salary Trends (2020-2024)
While specific historical data for Atlantic City-Hammonton is not provided, it is reasonable to assume that pharmacist salaries in the region have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, advancements in pharmaceutical services, and inflation typically contribute to upward pressure on wages for skilled healthcare professionals like pharmacists.
Pharmacists Salary Distribution in Atlantic City-Hammonton, NJ
Salary progression for pharmacists in Atlantic City-Hammonton typically correlates with experience and specialization. Entry-level positions will naturally command lower salaries, while seasoned professionals with advanced degrees, specialized certifications, or supervisory roles can expect significantly higher compensation. The variance in salaries across different experience levels, often reflected in percentile data, clearly signifies distinct career progression pathways and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $100,090 | $48.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $98,333 | $47.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $133,770 | $64.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $163,888 | $78.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $158,850 | $76.4 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$131,110
Gross Pay
Real Wage (Purchasing Power)
$131,110
Adjusted for COL (100)
The average annual salary of $131,110 in Atlantic City-Hammonton aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a pharmacist's salary in this region is equivalent to the national average. Consequently, the nominal salary translates directly into comparable living standards without significant financial adjustments needed for relocation from a typical U.S. city.
Job Market Context
360
Total Jobs
2.186
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Atlantic City-Hammonton, NJ has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
With a Location Quotient of 1.02, the Atlantic City-Hammonton area exhibits a pharmacist concentration that is just slightly above the national average. This indicates a market that is neither significantly saturated nor experiencing a severe shortage of pharmacists. The job market is competitive but offers a stable environment for professionals, suggesting that while opportunities exist, they are aligned with the typical demand seen across the country.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Vineland, NJ Pharmacists Salary | $132,030↑ 1% | 30 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Pharmacists Salary | $136,520↑ 4% | 55 mi |
| Sussex Delaware nonmetropolitan area Pharmacists Salary | $139,400↑ 6% | 56 mi |
| Dover, DE Pharmacists Salary | $133,670↑ 2% | 59 mi |
| Trenton-Princeton, NJ Pharmacists Salary | $132,890↑ 1% | 61 mi |
Comparing salaries near Atlantic City-Hammonton, NJ
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Atlantic City-Hammonton, NJ?
The median annual salary for a Pharmacists in Atlantic City-Hammonton, NJ is $131,110. This typically ranges from $100,090 for entry-level positions to $158,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Atlantic City-Hammonton, NJ is 3.7% lower than the national median of $136,140.
Is Atlantic City-Hammonton, NJ a lucrative place for Pharmacists?
Yes, it offers competitive compensation.Pharmacists in Atlantic City-Hammonton earn $131,110 annually, which is competitive given the national average cost of living. The job market is stable with a concentration slightly above the national average.
Is Atlantic City-Hammonton, NJ a good place to live for Pharmacists?
The Cost of Living Index in Atlantic City-Hammonton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Atlantic City-Hammonton, NJ?
Some top paying nearby cities include Vineland, NJ ($132,030) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.
How does the pharmacist salary in Atlantic City-Hammonton compare to the national average?
The average annual salary for pharmacists in Atlantic City-Hammonton is $131,110, which is slightly lower than the national average of $136,140.
What is the cost of living in Atlantic City-Hammonton, NJ for pharmacists?
The cost of living in Atlantic City-Hammonton is at the national average, with an index of 100. This means your salary has the same purchasing power as it would in a typical U.S. city.
How concentrated is the pharmacist job market in Atlantic City-Hammonton?
The job market concentration, measured by the Location Quotient, is 1.02, indicating it is very close to the national average, suggesting a balanced supply and demand for pharmacists.
What is the total number of pharmacists employed in Atlantic City-Hammonton?
There are approximately 360 pharmacists employed in the Atlantic City-Hammonton area, reflecting a stable local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Atlantic City-Hammonton, NJ area with a job density of 2.186 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 Atlantic City-Hammonton, NJ