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Average Pharmacists Salary in Louisiana

Pharmacists in Louisiana earn an average annual salary of $125,450, which is below the national average of $136,140. This disparity can be attributed to a combination of factors, including the local demand for pharmaceutical services and the overall economic landscape within the state. Understanding these regional nuances is crucial for pharmacists assessing career opportunities.

Executive Summary

  • Average Salary: $125,450 per year.
  • Growth Trend: Salaries have shifted 1.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $155,890.
  • Outlook: With a local workforce of 5,010 pharmacists, Louisiana presents a robust employment base for the profession. The location quotient of 1.23 indicates a higher concentration of pharmacists relative to the national average, suggesting a stable and potentially growing demand for their expertise within the state's healthcare system.
2024 Market Data

Salary Overview

$125,450

The average Pharmacists in Louisiana earns-7.9%below the national average.

BreakdownBased on 40h/week
Hourly

$60.3

Weekly

$2,413

Monthly

$10,454

Pharmacists Salary Distribution in Louisiana

Salary progression for pharmacists in Louisiana typically scales significantly with experience. Entry-level positions may start at a lower percentile, but as professionals gain years of practice, specialized skills, and potentially move into supervisory or management roles, their earning potential increases substantially, reflected in higher salary percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$94,430$45.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$94,088$45.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$129,650$62.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$156,813$75.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$155,890$74.9

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$125,450

Gross Pay

Real Wage (Purchasing Power)

$136,359

Adjusted for COL (92)

The nominal average salary of $125,450 in Louisiana is bolstered by a cost of living index of 92, which is below the national average of 100. This means that the purchasing power of a pharmacist's salary in Louisiana is relatively stronger than in areas with a higher cost of living, making the take-home pay more substantial in real terms.

Job Market Context

5,010

Total Jobs

2.62

Per 1K Jobs

1.23

Location Quotient

Above Average

With a location quotient of 1.23, Louisiana has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

A location quotient of 1.23 signifies that pharmacists are more concentrated in Louisiana than the national average. This suggests a competitive job market where employers may have a good pool of candidates, but it also indicates a strong presence and established demand for the profession within the state's economy.

Nearby Job Markets

Nearby Cities for Pharmacists

CitySalaryDist.
Alexandria, LA Pharmacists Salary$129,820↑ 3%37 mi
Baton Rouge, LA Pharmacists Salary$131,500↑ 5%67 mi
Lafayette, LA Pharmacists Salary$124,510↓ 1%67 mi
Monroe, LA Pharmacists Salary$121,400↓ 3%94 mi
Hammond, LA Pharmacists Salary$129,160↑ 3%95 mi

Comparing salaries near Louisiana

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Louisiana?

The median annual salary for a Pharmacists in Louisiana is $125,450. This typically ranges from $94,430 for entry-level positions to $155,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Louisiana is 7.9% lower than the national median of $136,140.

Is Louisiana a lucrative place for Pharmacists?

Yes, with a favorable cost of living.While the average salary is slightly below the national benchmark, Louisiana's cost of living index of 92 enhances the purchasing power of pharmacist earnings, making it financially advantageous.

Is Louisiana a good place to live for Pharmacists?

With a Cost of Living Index of 92 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Louisiana?

Some top paying nearby cities include Alexandria, LA ($129,820) and Baton Rouge, LA.

How does Louisiana's pharmacist salary compare to the national average?

The average annual salary for pharmacists in Louisiana is $125,450, which is approximately $10,690 less than the national average of $136,140.

What is the concentration of pharmacists in Louisiana?

Louisiana has a location quotient of 1.23 for pharmacists, indicating a higher concentration of the profession compared to the national average.

How many pharmacists are employed in Louisiana?

There are approximately 5,010 pharmacists employed in Louisiana, representing 2.62 jobs per 1,000 workers.

Does the cost of living affect pharmacist salaries in Louisiana?

Yes, Louisiana's cost of living index is 92, which is lower than the national average. This means that the $125,450 salary offers greater purchasing power locally than it might in a higher cost-of-living state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,010 employees in the Louisiana area with a job density of 2.62 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Louisiana