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Average Pharmacists Salary in Austin-Round Rock-San Marcos, TX

Pharmacists in the Austin-Round Rock-San Marcos, TX metropolitan area earn an impressive average annual salary of $137,960. This figure slightly surpasses the national average of $136,140, indicating a robust demand for pharmaceutical expertise within this dynamic Texas region. The local economic landscape and specific healthcare needs likely contribute to this favorable compensation.

Executive Summary

  • Average Salary: $137,960 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $172,890.
  • Outlook: With a local workforce of 1,730 pharmacists and a Location Quotient of 0.64, the Austin-Round Rock-San Marcos area presents a moderately concentrated market for these professionals. While not exceeding the national average in concentration, the presence of a substantial workforce suggests a stable and ongoing demand for skilled pharmacists, underpinning a healthy job market.
2024 Market Data

Salary Overview

$137,960

The average Pharmacists in Austin-Round Rock-San Marcos, TX earns+1.3%above the national average.

BreakdownBased on 40h/week
Hourly

$66.3

Weekly

$2,653

Monthly

$11,497

Pharmacists Salary Distribution in Austin-Round Rock-San Marcos, TX

The career trajectory for pharmacists typically involves significant salary growth from entry-level to senior positions. Experienced pharmacists often command higher salaries due to their specialized knowledge, leadership capabilities, and proven track record. The percentile gaps in salary data, though not detailed here, would signify clear opportunities for career progression and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$67,340$32.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$103,470$49.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$141,500$68
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$172,450$82.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$172,890$83.1

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$137,960

Gross Pay

Real Wage (Purchasing Power)

$137,960

Adjusted for COL (100)

The average annual salary of $137,960 in Austin-Round Rock-San Marcos, TX, aligns perfectly with the national average cost of living (100). This means that the purchasing power of a pharmacist's salary in this region is equivalent to the national standard, offering a stable financial outlook without the immediate pressure of significantly higher or lower living expenses.

Job Market Context

1,730

Total Jobs

1.373

Per 1K Jobs

0.64

Location Quotient

Below Average

Austin-Round Rock-San Marcos, TX has 0.64x 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.

A Location Quotient of 0.64 indicates that pharmacists are slightly less concentrated in the Austin-Round Rock-San Marcos, TX area compared to the national average. This suggests that while the job market is active and employs a notable number of professionals, there may be opportunities for those seeking to enter the field or for employers looking to attract talent from outside the immediate region.

Nearby Job Markets

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Austin-Round Rock-San Marcos, TX?

The median annual salary for a Pharmacists in Austin-Round Rock-San Marcos, TX is $137,960. This typically ranges from $67,340 for entry-level positions to $172,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Austin-Round Rock-San Marcos, TX is 1.3% higher than the national median of $136,140.

Is Austin-Round Rock-San Marcos, TX a lucrative place for Pharmacists?

Yes, it is a lucrative place for Pharmacists.Pharmacists in this area earn slightly above the national average salary, and the cost of living is exactly at the national average, providing strong purchasing power.

Is Austin-Round Rock-San Marcos, TX a good place to live for Pharmacists?

The Cost of Living Index in Austin-Round Rock-San Marcos, TX is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Austin-Round Rock-San Marcos, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($129,180) and Northwestern Region of Texas nonmetropolitan area.

How does the Austin pharmacist salary compare to the national average?

The average annual salary for pharmacists in Austin-Round Rock-San Marcos, TX is $137,960, which is slightly higher than the national average of $136,140.

What is the cost of living in Austin-Round Rock-San Marcos, TX for pharmacists?

The cost of living index in Austin-Round Rock-San Marcos, TX is 100, which is precisely the national average, indicating that living expenses are neither significantly higher nor lower than the rest of the country.

How many pharmacists work in the Austin-Round Rock-San Marcos, TX area?

There are approximately 1,730 pharmacists employed within the Austin-Round Rock-San Marcos, TX metropolitan area.

Is the job market for pharmacists in Austin-Round Rock-San Marcos, TX competitive?

With a Location Quotient of 0.64, the market is moderately concentrated, suggesting a stable but not overly saturated job environment for pharmacists in this region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,730 employees in the Austin-Round Rock-San Marcos, TX area with a job density of 1.373 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.