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Average Pharmacists Salary in Billings, MT

Pharmacists in Billings, MT, earn an impressive average annual salary of $139,830, surpassing the national average of $136,140. This elevated compensation reflects the specialized skills and critical responsibilities inherent in the pharmacy profession, coupled with local market dynamics that favor skilled healthcare professionals.

Executive Summary

  • Average Salary: $139,830 per year.
  • Growth Trend: Salaries have shifted 20.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $166,810.
  • Outlook: Billings, MT, presents a stable employment landscape for pharmacists, supported by a local workforce of 240 professionals. The location quotient of 1.21 indicates a slightly higher concentration of pharmacists compared to the national average, suggesting a steady demand that aligns with or slightly exceeds national trends for this vital role.
2024 Market Data

Salary Overview

$139,830

The average Pharmacists in Billings, MT earns+2.7%above the national average.

BreakdownBased on 40h/week
Hourly

$67.2

Weekly

$2,689

Monthly

$11,653

Pharmacists Salary Distribution in Billings, MT

The career path for pharmacists in Billings, MT, offers significant earning potential that scales with experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior pharmacists with extensive experience and specialized knowledge can achieve earnings well above the average. The widening gap between entry-level and senior percentile salaries signifies clear opportunities for career advancement and increased compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$120,700$58
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$104,873$50.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$137,230$66
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$174,788$84
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$166,810$80.2

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$139,830

Gross Pay

Real Wage (Purchasing Power)

$139,830

Adjusted for COL (100)

For pharmacists considering a move to Billings, MT, the average annual salary of $139,830 is particularly attractive. With a Cost of Living Index at the national average of 100, this salary offers strong purchasing power, allowing professionals to maintain a comparable or improved standard of living compared to many other regions.

Job Market Context

240

Total Jobs

2.574

Per 1K Jobs

1.21

Location Quotient

Above Average

With a location quotient of 1.21, Billings, MT has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

The location quotient of 1.21 for pharmacists in Billings, MT, suggests a market where this profession is slightly more concentrated than the national average. This indicates a healthy, established presence of pharmacists, implying a competitive yet accessible job market for skilled individuals seeking opportunities in the area.

Nearby Job Markets

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Billings, MT?

The median annual salary for a Pharmacists in Billings, MT is $139,830. This typically ranges from $120,700 for entry-level positions to $166,810 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Billings, MT is 2.7% higher than the national median of $136,140.

Is Billings, MT a lucrative place for Pharmacists?

Yes, Billings, MT offers a lucrative environment for pharmacists.Pharmacists in Billings earn above the national average salary, and with a cost of living at the national average, their earnings provide excellent value.

Is Billings, MT a good place to live for Pharmacists?

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

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

The average annual salary for pharmacists in Billings, MT, is $139,830, which is higher than the national average of $136,140.

What is the concentration of pharmacists in Billings, MT?

Billings, MT has a location quotient of 1.21 for pharmacists, indicating a slightly higher concentration of these professionals compared to the national average.

How does the cost of living in Billings, MT affect pharmacist salaries?

Billings, MT has a Cost of Living Index of 100, which is the national average. This means the $139,830 salary has strong purchasing power locally.

What is the total number of pharmacists in Billings, MT?

There are approximately 240 pharmacists employed in the Billings, MT area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Billings, MT area with a job density of 2.574 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 Billings, MT