Average Pharmacists Salary in Little Rock-North Little Rock-Conway, AR
Pharmacists in the Little Rock-North Little Rock-Conway, AR metropolitan area earn an average annual salary of $128,390. This figure is slightly below the national average of $136,140, suggesting a localized compensation structure influenced by regional economic factors and demand. The specific pay rates in this area are a direct reflection of the local job market dynamics and the cost of living.
Executive Summary
- Average Salary: $128,390 per year.
- Growth Trend: Salaries have shifted 16.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $157,490.
- Outlook: The Little Rock-North Little Rock-Conway, AR area supports a robust pharmacist workforce of 1,050 professionals. With a Location Quotient of 1.39, indicating a concentration 39% higher than the national average, there is a clear regional demand for these essential healthcare providers, suggesting a stable and potentially growing job market for pharmacists.
Salary Overview
The average Pharmacists in Little Rock-North Little Rock-Conway, AR earns-5.7%below the national average.
$61.7
$2,469
$10,699
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that pharmacist salaries across the nation, including in Little Rock, have experienced steady growth over the past four years. This trend is typically driven by increasing healthcare needs, advancements in pharmaceutical services, and inflation, leading to a gradual upward adjustment in compensation for experienced professionals.
Pharmacists Salary Distribution in Little Rock-North Little Rock-Conway, AR
Salary progression for pharmacists in Little Rock-North Little Rock-Conway, AR, is significantly influenced by experience and specialization. Entry-level positions typically command lower salaries, while senior pharmacists with extensive experience, specialized certifications, or supervisory roles can expect to earn considerably more. The widening gap between entry-level and senior-level salaries signifies clear career advancement opportunities and increased earning potential within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $88,880 | $42.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $96,293 | $46.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $134,380 | $64.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $160,488 | $77.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $157,490 | $75.7 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$128,390
Gross Pay
Real Wage (Purchasing Power)
$128,390
Adjusted for COL (100)
The average annual salary of $128,390 in Little Rock-North Little Rock-Conway, AR, 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 equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
1,050
Total Jobs
2.97
Per 1K Jobs
1.39
Location Quotient
With a location quotient of 1.39, Little Rock-North Little Rock-Conway, AR has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
The Location Quotient of 1.39 for pharmacists in Little Rock-North Little Rock-Conway, AR, signifies a higher concentration of these professionals compared to the national average. This suggests a strong regional demand and a well-established market for pharmacy services, potentially leading to competitive opportunities for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| South Arkansas nonmetropolitan area Pharmacists Salary | $133,630↑ 4% | 17 mi |
| North Arkansas nonmetropolitan area Pharmacists Salary | $132,570↑ 3% | 17 mi |
| West Arkansas nonmetropolitan area Pharmacists Salary | $133,400↑ 4% | 17 mi |
| East Arkansas nonmetropolitan area Pharmacists Salary | $133,200↑ 4% | 17 mi |
| Hot Springs, AR Pharmacists Salary | $126,030↓ 2% | 43 mi |
Comparing salaries near Little Rock-North Little Rock-Conway, AR
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Frequently Asked Questions
How much does a Pharmacists make in Little Rock-North Little Rock-Conway, AR?
The median annual salary for a Pharmacists in Little Rock-North Little Rock-Conway, AR is $128,390. This typically ranges from $88,880 for entry-level positions to $157,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Little Rock-North Little Rock-Conway, AR is 5.7% lower than the national median of $136,140.
Is Little Rock-North Little Rock-Conway, AR a lucrative place for Pharmacists?
Yes, it offers competitive compensation relative to its cost of living.Pharmacists in this area earn $128,390 annually, which aligns with the national average cost of living. The higher-than-average concentration of pharmacists also indicates strong regional demand.
Is Little Rock-North Little Rock-Conway, AR a good place to live for Pharmacists?
The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Little Rock-North Little Rock-Conway, AR?
Some top paying nearby cities include South Arkansas nonmetropolitan area ($133,630) and North Arkansas nonmetropolitan area.
How does the Little Rock pharmacist salary compare to the national average?
The average annual salary for pharmacists in Little Rock is $128,390, which is slightly lower than the national average of $136,140.
What is the concentration of pharmacists in Little Rock?
The concentration, measured by the Location Quotient, is 1.39, meaning it is 39% higher than the national average, indicating a significant presence of pharmacists in the area.
How does the cost of living in Little Rock affect pharmacist salaries?
The cost of living in Little Rock is at the national average (100), meaning the $128,390 salary offers purchasing power equivalent to the national average.
What is the total number of pharmacists in the Little Rock area?
There are approximately 1,050 pharmacists employed in the Little Rock-North Little Rock-Conway, AR metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,050 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 2.97 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 Little Rock-North Little Rock-Conway, AR