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Average Pharmacists Salary in Jackson, MS

Pharmacists in Jackson, MS earn an average annual salary of $123,680, which is notably below the national average of $136,140. This difference can be attributed to a combination of local economic factors, demand within the region, and the overall cost of living, which influences compensation benchmarks.

Executive Summary

  • Average Salary: $123,680 per year.
  • Growth Trend: Salaries have shifted 3.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $154,590.
  • Outlook: With a local workforce of 840 Pharmacists, Jackson, MS demonstrates a solid presence in the pharmaceutical sector. The Location Quotient of 1.47 indicates a higher concentration of these professionals compared to the national average, suggesting a robust and potentially growing demand for their specialized skills within the region.
2024 Market Data

Salary Overview

$123,680

The average Pharmacists in Jackson, MS earns-9.2%below the national average.

BreakdownBased on 40h/week
Hourly

$59.5

Weekly

$2,378

Monthly

$10,307

Pharmacists Salary Distribution in Jackson, MS

The career trajectory for Pharmacists in Jackson, MS, typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, but as professionals gain experience and specialize, their earning potential escalates, with senior roles commanding salaries well above the average, reflecting their expertise and responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$64,400$31
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$92,760$44.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$131,780$63.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$154,600$74.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$154,590$74.3

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$123,680

Gross Pay

Real Wage (Purchasing Power)

$123,680

Adjusted for COL (100)

The average annual salary of $123,680 in Jackson, MS, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Pharmacist's salary in Jackson is equivalent to the national average, making it a financially stable environment for professionals.

Job Market Context

840

Total Jobs

3.133

Per 1K Jobs

1.47

Location Quotient

Above Average

With a location quotient of 1.47, Jackson, MS has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

A Location Quotient of 1.47 signifies that Jackson, MS, has a significantly higher concentration of Pharmacists relative to its general workforce compared to the national average. This suggests a competitive market for employers seeking talent but also indicates a strong community of pharmaceutical professionals, potentially fostering collaboration and specialized services.

Nearby Job Markets

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Frequently Asked Questions

How much does a Pharmacists make in Jackson, MS?

The median annual salary for a Pharmacists in Jackson, MS is $123,680. This typically ranges from $64,400 for entry-level positions to $154,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Jackson, MS is 9.2% lower than the national median of $136,140.

Is Jackson, MS a lucrative place for Pharmacists?

Yes, Jackson, MS offers a financially stable environment for Pharmacists.While the nominal salary is below the national average, the cost of living in Jackson is also at the national average, meaning your earnings have equivalent purchasing power. The strong concentration of pharmacists also suggests consistent demand.

Is Jackson, MS a good place to live for Pharmacists?

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

Where are the highest paying cities near Jackson, MS?

Some top paying nearby cities include Upper East Mississippi nonmetropolitan area ($126,670) and Lower East Mississippi nonmetropolitan area.

How does the Jackson, MS Pharmacist salary compare to the national average?

The average annual salary for Pharmacists in Jackson, MS is $123,680, which is approximately $12,460 less than the national average of $136,140.

What is the concentration of Pharmacists in Jackson, MS?

Jackson, MS has a Location Quotient of 1.47 for Pharmacists, indicating that the profession is 47% more concentrated than the national average.

How does the cost of living in Jackson, MS affect salary perception?

With a Cost of Living Index of 100, Jackson, MS is at the national average. This means the $123,680 salary offers purchasing power equivalent to the national average, making it a stable financial choice.

What is the total number of Pharmacists in Jackson, MS?

There are approximately 840 Pharmacists employed in the Jackson, MS area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 840 employees in the Jackson, MS area with a job density of 3.133 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.