Average Pharmacists Salary in Hickory-Lenoir-Morganton, NC
Pharmacists in the Hickory-Lenoir-Morganton, NC area earn an average annual salary of $135,530. This figure is remarkably close to the national average of $136,140, indicating a stable and competitive compensation landscape. Local economic factors and the specific demand within the region contribute to this near-parity with national benchmarks.
Executive Summary
- Average Salary: $135,530 per year.
- Growth Trend: Salaries have shifted 4.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $160,260.
- Outlook: The Hickory-Lenoir-Morganton region supports a local workforce of 320 pharmacists, with a jobs-per-1,000-workers ratio of 2.05. The Location Quotient of 0.96 suggests that pharmacist employment is nearly on par with the national concentration, indicating a steady demand for these professionals without significant oversupply or undersupply.
Salary Overview
The average Pharmacists in Hickory-Lenoir-Morganton, NC earns-0.4%below the national average.
$65.2
$2,606
$11,294
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that pharmacist salaries in Hickory-Lenoir-Morganton have experienced consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in pharmaceutical services, and inflation likely contribute to a positive salary trajectory for pharmacists in the region.
Pharmacists Salary Distribution in Hickory-Lenoir-Morganton, NC
As with most professions, pharmacist salaries in Hickory-Lenoir-Morganton scale significantly with experience. Entry-level positions typically command lower salaries, while senior pharmacists with specialized skills and extensive experience can expect to earn considerably more. The percentile gaps in salary distribution reflect clear opportunities for career advancement and increased earning potential throughout a pharmacist's career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $102,470 | $49.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $101,648 | $48.9 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $135,230 | $65 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $169,413 | $81.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $160,260 | $77 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$135,530
Gross Pay
Real Wage (Purchasing Power)
$135,530
Adjusted for COL (100)
The average annual salary of $135,530 in Hickory-Lenoir-Morganton aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a pharmacist's salary in this area is directly comparable to the national standard, offering a stable financial environment for residents.
Job Market Context
320
Total Jobs
2.05
Per 1K Jobs
0.96
Location Quotient
Hickory-Lenoir-Morganton, NC has 0.96x 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 0.96, the Hickory-Lenoir-Morganton market for pharmacists is very close to the national average in terms of concentration. This suggests a balanced job market where demand and supply are nearly in equilibrium, indicating a stable environment for job seekers and employers alike, with moderate competition for roles.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Charlotte-Concord-Gastonia, NC-SC Pharmacists Salary | $138,410↑ 2% | 45 mi |
| Spartanburg, SC Pharmacists Salary | $140,130↑ 3% | 65 mi |
| Winston-Salem, NC Pharmacists Salary | $132,670↓ 2% | 65 mi |
| Asheville, NC Pharmacists Salary | $132,710↓ 2% | 70 mi |
| Johnson City, TN Pharmacists Salary | $122,660↓ 9% | 72 mi |
Comparing salaries near Hickory-Lenoir-Morganton, NC
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Hickory-Lenoir-Morganton, NC?
The median annual salary for a Pharmacists in Hickory-Lenoir-Morganton, NC is $135,530. This typically ranges from $102,470 for entry-level positions to $160,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hickory-Lenoir-Morganton, NC is 0.4% lower than the national median of $136,140.
Is Hickory-Lenoir-Morganton, NC a lucrative place for Pharmacists?
Yes, it offers competitive compensation.Pharmacists in Hickory-Lenoir-Morganton earn an average salary nearly identical to the national average, with a cost of living that matches the national index, making it financially comparable.
Is Hickory-Lenoir-Morganton, NC a good place to live for Pharmacists?
The Cost of Living Index in Hickory-Lenoir-Morganton, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hickory-Lenoir-Morganton, NC?
Some top paying nearby cities include Charlotte-Concord-Gastonia, NC-SC ($138,410) and Spartanburg, SC.
How does the pharmacist salary in Hickory-Lenoir-Morganton compare to the national average?
The average annual salary for pharmacists in Hickory-Lenoir-Morganton is $135,530, which is very close to the national average of $136,140.
What is the cost of living in Hickory-Lenoir-Morganton, NC?
The Cost of Living Index for Hickory-Lenoir-Morganton is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
How concentrated is the pharmacist job market in Hickory-Lenoir-Morganton?
The Location Quotient for pharmacists is 0.96, meaning the concentration of these jobs is slightly below the national average, suggesting a stable but not overly saturated market.
What is the total number of pharmacists in the Hickory-Lenoir-Morganton workforce?
There are approximately 320 pharmacists employed within the Hickory-Lenoir-Morganton 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 320 employees in the Hickory-Lenoir-Morganton, NC area with a job density of 2.05 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 Hickory-Lenoir-Morganton, NC