Average Pharmacists Salary in Daphne-Fairhope-Foley, AL
Pharmacists in the Daphne-Fairhope-Foley, AL area earn an average annual salary of $128,030. This figure is slightly below the national average of $136,140, suggesting that while the demand is present, specific local economic factors or a slightly larger supply of pharmacists may be influencing compensation in this region.
Executive Summary
- Average Salary: $128,030 per year.
- Growth Trend: Salaries have shifted 23.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $159,860.
- Outlook: The local workforce for pharmacists in Daphne-Fairhope-Foley, AL, comprises approximately 220 professionals. With a Location Quotient of 1.24, indicating a concentration 24% higher than the national average, there is a notable presence of pharmacists in this area, suggesting a stable or potentially growing demand for their services.
Salary Overview
The average Pharmacists in Daphne-Fairhope-Foley, AL earns-6.0%below the national average.
$61.6
$2,462
$10,669
Pharmacists Salary Trends (2020-2024)
While specific historical data for this precise metropolitan area is not provided, it's reasonable to assume that pharmacist salaries in Daphne-Fairhope-Foley, AL, have experienced steady growth over the past four years, mirroring national trends. Factors such as an aging population, increased healthcare needs, and advancements in pharmaceutical services likely contribute to this upward salary trajectory.
Pharmacists Salary Distribution in Daphne-Fairhope-Foley, AL
Pharmacist salaries typically scale significantly with experience. Entry-level positions will command lower compensation, while senior pharmacists with specialized skills or management responsibilities can expect to earn considerably more. The percentile gaps in salary data, though not explicitly detailed here, would signify clear career progression pathways and earning potential for dedicated professionals in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $83,450 | $40.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $96,023 | $46.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $131,930 | $63.4 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $160,038 | $76.9 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $159,860 | $76.9 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$128,030
Gross Pay
Real Wage (Purchasing Power)
$128,030
Adjusted for COL (100)
The nominal average salary of $128,030 in Daphne-Fairhope-Foley, AL, is perfectly aligned with the national average cost of living, which stands at an index of 100. This means that the purchasing power of a pharmacist's salary in this region is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
220
Total Jobs
2.652
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Daphne-Fairhope-Foley, AL has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
A Location Quotient of 1.24 for pharmacists in Daphne-Fairhope-Foley, AL, signifies a market where this profession is more concentrated than the national average. This suggests a healthy demand for pharmacists relative to the general workforce, indicating a competitive but accessible job market for skilled professionals in the area.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Mobile, AL Pharmacists Salary | $129,580↑ 1% | 14 mi |
| Pensacola-Ferry Pass-Brent, FL Pharmacists Salary | $135,740↑ 6% | 43 mi |
| Gulfport-Biloxi, MS Pharmacists Salary | $136,710↑ 7% | 72 mi |
| Crestview-Fort Walton Beach-Destin, FL Pharmacists Salary | $133,380↑ 4% | 78 mi |
| Hattiesburg, MS Pharmacists Salary | $124,000↓ 3% | 97 mi |
Comparing salaries near Daphne-Fairhope-Foley, AL
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Frequently Asked Questions
How much does a Pharmacists make in Daphne-Fairhope-Foley, AL?
The median annual salary for a Pharmacists in Daphne-Fairhope-Foley, AL is $128,030. This typically ranges from $83,450 for entry-level positions to $159,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Daphne-Fairhope-Foley, AL is 6.0% lower than the national median of $136,140.
Is Daphne-Fairhope-Foley, AL a lucrative place for Pharmacists?
Yes, with a balanced outlook.Pharmacists in Daphne-Fairhope-Foley, AL, earn a strong average salary of $128,030, which holds excellent purchasing power due to the national average cost of living. The higher-than-average concentration of pharmacists also points to consistent demand.
Is Daphne-Fairhope-Foley, AL a good place to live for Pharmacists?
The Cost of Living Index in Daphne-Fairhope-Foley, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Daphne-Fairhope-Foley, AL?
Some top paying nearby cities include Mobile, AL ($129,580) and Pensacola-Ferry Pass-Brent, FL.
How does the Daphne-Fairhope-Foley pharmacist salary compare to the national average?
The average pharmacist salary in Daphne-Fairhope-Foley, AL, is $128,030, which is slightly lower than the national average of $136,140.
What is the cost of living in Daphne-Fairhope-Foley, AL for pharmacists?
The cost of living in Daphne-Fairhope-Foley, AL, is exactly at the national average, with an index of 100, making the $128,030 salary quite competitive in terms of purchasing power.
Is there high demand for pharmacists in Daphne-Fairhope-Foley, AL?
With a Location Quotient of 1.24, the concentration of pharmacists is higher than the national average, suggesting a robust and consistent demand for these professionals in the Daphne-Fairhope-Foley, AL area.
How many pharmacists are there in Daphne-Fairhope-Foley, AL?
The total local workforce for pharmacists in Daphne-Fairhope-Foley, AL, is approximately 220 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Daphne-Fairhope-Foley, AL area with a job density of 2.652 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 Daphne-Fairhope-Foley, AL