Average Pharmacists Salary in Jackson, TN
Pharmacists in Jackson, TN earn an average annual salary of $125,150, which is slightly below the national average of $136,140. This localized pay rate reflects the specific economic conditions and demand within the Jackson area, balancing the cost of living with the need to attract and retain skilled pharmaceutical professionals.
Executive Summary
- Average Salary: $125,150 per year.
- Growth Trend: Salaries have shifted 13.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $151,170.
- Outlook: The Jackson, TN market for Pharmacists shows a stable presence, with a total local workforce of 210 individuals. The Location Quotient of 1.15 indicates a slightly higher concentration of pharmacists compared to the national average, suggesting a healthy demand that aligns with or slightly exceeds national trends for this vital profession.
Salary Overview
The average Pharmacists in Jackson, TN earns-8.1%below the national average.
$60.2
$2,407
$10,429
Pharmacists Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Pharmacists in Jackson, TN have experienced steady 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 professionals in this field.
Pharmacists Salary Distribution in Jackson, TN
Salary progression for Pharmacists in Jackson, TN, like elsewhere, is strongly tied to experience. Entry-level positions typically command a lower salary, while seasoned professionals with specialized skills and extensive experience can expect to earn significantly more. The gap between entry-level and senior-level salaries represents clear career advancement opportunities and the increasing value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $103,530 | $49.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $93,863 | $45.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $134,920 | $64.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $156,438 | $75.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $151,170 | $72.7 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$125,150
Gross Pay
Real Wage (Purchasing Power)
$125,150
Adjusted for COL (100)
With an average annual salary of $125,150 and a Cost of Living Index of 100, Pharmacists in Jackson, TN experience a salary that is perfectly aligned with the national average cost of living. This means that the purchasing power of their income in Jackson is equivalent to the national average, offering a stable financial foundation for residents.
Job Market Context
210
Total Jobs
2.443
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Jackson, TN has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
The Location Quotient of 1.15 for Pharmacists in Jackson, TN signifies a job market where the profession is slightly more concentrated than the national average. This suggests a robust demand for pharmaceutical services within the region, potentially offering more opportunities and a competitive environment for skilled professionals compared to areas with a lower LQ.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Memphis, TN-MS-AR Pharmacists Salary | $129,250↑ 3% | 74 mi |
| Florence-Muscle Shoals, AL Pharmacists Salary | $130,280↑ 4% | 87 mi |
| Paducah, KY-IL Pharmacists Salary | $133,970↑ 7% | 99 mi |
Comparing salaries near Jackson, TN
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Frequently Asked Questions
How much does a Pharmacists make in Jackson, TN?
The median annual salary for a Pharmacists in Jackson, TN is $125,150. This typically ranges from $103,530 for entry-level positions to $151,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jackson, TN is 8.1% lower than the national median of $136,140.
Is Jackson, TN a lucrative place for Pharmacists?
Yes, Jackson, TN offers a competitive salary for Pharmacists.Pharmacists in Jackson, TN earn $125,150 annually, which is competitive given the national average cost of living. The slightly higher concentration of pharmacists (LQ of 1.15) also indicates a healthy local demand for the profession.
Is Jackson, TN a good place to live for Pharmacists?
The Cost of Living Index in Jackson, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jackson, TN?
Some top paying nearby cities include Memphis, TN-MS-AR ($129,250) and Florence-Muscle Shoals, AL.
How does the Jackson, TN Pharmacist salary compare to the national average?
The average annual salary for Pharmacists in Jackson, TN is $125,150, which is approximately $11,000 less than the national average of $136,140.
What is the cost of living in Jackson, TN for Pharmacists?
The Cost of Living Index in Jackson, TN is 100, which is exactly the national average. This means that the purchasing power of a Pharmacist's salary in Jackson is equivalent to the national average.
How concentrated is the Pharmacist job market in Jackson, TN?
Jackson, TN has a Location Quotient of 1.15 for Pharmacists, indicating that the profession is slightly more concentrated there than the national average, suggesting a healthy demand.
What is the total number of Pharmacists in Jackson, TN?
There are approximately 210 Pharmacists working in Jackson, TN, representing 2.443 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Jackson, TN area with a job density of 2.443 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 Jackson, TN