Average Pharmacists Salary in Fort Smith, AR-OK
Pharmacists in the Fort Smith, AR-OK area earn an average annual salary of $131,050. This figure is slightly below the national average of $136,140, suggesting a localized compensation structure influenced by regional economic factors and demand. While the pay is competitive, understanding the nuances of the local market is key.
Executive Summary
- Average Salary: $131,050 per year.
- Growth Trend: Salaries have shifted 2.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $159,430.
- Outlook: The Fort Smith, AR-OK region supports a pharmacist workforce of approximately 200 professionals. With a Location Quotient of 0.99, the concentration of pharmacists is nearly on par with the national average, indicating a stable but not exceptionally high demand relative to other professions. The presence of 2.112 jobs per 1,000 workers suggests a consistent need for these vital healthcare professionals within the local economy.
Salary Overview
The average Pharmacists in Fort Smith, AR-OK earns-3.7%below the national average.
$63
$2,520
$10,921
Pharmacists Salary Trends (2020-2024)
While specific historical data for Fort Smith is not provided, it's reasonable to assume that pharmacist salaries in the region have mirrored national trends over the past four years, likely experiencing steady growth. Factors such as increasing healthcare needs, advancements in pharmaceutical services, and inflation generally contribute to upward pressure on compensation for skilled professionals like pharmacists.
Pharmacists Salary Distribution in Fort Smith, AR-OK
The career trajectory for pharmacists in Fort Smith, AR-OK, typically involves significant salary increases with experience. Entry-level pharmacists might start at a lower percentile of the pay scale, while seasoned professionals with specialized skills or supervisory roles can command salaries in the higher percentiles. This progression reflects the accumulation of knowledge, responsibility, and expertise over time.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $106,040 | $51 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $98,288 | $47.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $131,380 | $63.2 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $163,813 | $78.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $159,430 | $76.6 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$131,050
Gross Pay
Real Wage (Purchasing Power)
$131,050
Adjusted for COL (100)
The average pharmacist salary of $131,050 in Fort Smith, AR-OK aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of a pharmacist's income in this region is equivalent to the national average, offering a stable financial environment without the significant strain or advantage often associated with vastly different cost-of-living areas.
Job Market Context
200
Total Jobs
2.112
Per 1K Jobs
0.99
Location Quotient
Fort Smith, AR-OK has 0.99x 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.
With a Location Quotient of 0.99, the Fort Smith, AR-OK market for pharmacists is remarkably balanced against the national landscape. This indicates that the employment opportunities for pharmacists are neither significantly more nor less abundant than the national average. The job market is competitive, but professionals can expect a steady availability of roles commensurate with the size of the local workforce.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Fayetteville-Springdale-Rogers, AR Pharmacists Salary | $136,190↑ 4% | 51 mi |
| Hot Springs, AR Pharmacists Salary | $126,030↓ 4% | 96 mi |
Comparing salaries near Fort Smith, AR-OK
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Frequently Asked Questions
How much does a Pharmacists make in Fort Smith, AR-OK?
The median annual salary for a Pharmacists in Fort Smith, AR-OK is $131,050. This typically ranges from $106,040 for entry-level positions to $159,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Smith, AR-OK is 3.7% lower than the national median of $136,140.
Is Fort Smith, AR-OK a lucrative place for Pharmacists?
Yes, it offers good earning potential relative to the cost of living.Pharmacists in Fort Smith earn $131,050 annually, which is close to the national average, while the cost of living is exactly at the national average, making it a financially stable location.
Is Fort Smith, AR-OK a good place to live for Pharmacists?
The Cost of Living Index in Fort Smith, AR-OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Smith, AR-OK?
Some top paying nearby cities include Fayetteville-Springdale-Rogers, AR ($136,190) and Hot Springs, AR.
How does the Fort Smith pharmacist salary compare to the national average?
The average pharmacist salary in Fort Smith, AR-OK is $131,050, which is slightly lower than the national average of $136,140.
What is the concentration of pharmacists in Fort Smith, AR-OK?
The concentration of pharmacists in Fort Smith, AR-OK, measured by the Location Quotient, is 0.99, indicating it is very close to the national average concentration.
How does the cost of living in Fort Smith, AR-OK affect pharmacist salaries?
The cost of living in Fort Smith, AR-OK is 100, which is the national average. This means the $131,050 salary has purchasing power equivalent to the national average.
What is the job outlook for pharmacists in Fort Smith, AR-OK?
The job outlook is stable, with a concentration (LQ) of 0.99 and 2.112 jobs per 1,000 workers, suggesting consistent demand for pharmacists in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Fort Smith, AR-OK area with a job density of 2.112 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 Fort Smith, AR-OK