Average Pharmacists Salary in Lower West Mississippi nonmetropolitan area
Pharmacists in the Lower West Mississippi nonmetropolitan area earn an average annual salary of $130,620. This figure is slightly below the national average of $136,140, indicating a localized compensation structure influenced by regional economic factors and demand within this specific geographic area. The pay reflects the unique market dynamics present in this nonmetropolitan setting.
Executive Summary
- Average Salary: $130,620 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $158,660.
- Outlook: The pharmacist job market in the Lower West Mississippi nonmetropolitan area appears stable, with a total local workforce of 200 professionals. The Location Quotient of 1.16 suggests a slightly higher concentration of pharmacists compared to the national average, indicating a steady, if not rapidly growing, demand for these essential healthcare providers within the region.
Salary Overview
The average Pharmacists in Lower West Mississippi nonmetropolitan area earns-4.1%below the national average.
$62.8
$2,512
$10,885
Pharmacists Salary Trends (2020-2024)
While specific historical data for the Lower West Mississippi nonmetropolitan area is not provided, it is generally assumed that pharmacist salaries nationwide have experienced consistent growth over the past four years, driven by an aging population and increasing healthcare needs. This trend likely extends to this region, with compensation adjustments reflecting inflation and evolving market demands.
Pharmacists Salary Distribution in Lower West Mississippi nonmetropolitan area
Salary progression for pharmacists in Lower West Mississippi typically scales with experience. Entry-level positions may start at a lower percentile, while senior pharmacists with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior salaries signifies a clear career ladder and opportunities for advancement within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $90,620 | $43.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $97,965 | $47.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $131,500 | $63.2 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $163,275 | $78.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $158,660 | $76.3 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$130,620
Gross Pay
Real Wage (Purchasing Power)
$130,620
Adjusted for COL (100)
The average annual salary of $130,620 in the Lower West Mississippi nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a pharmacist's salary in this region is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
200
Total Jobs
2.475
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Lower West Mississippi nonmetropolitan area has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
With a Location Quotient of 1.16, the Lower West Mississippi nonmetropolitan area shows a slightly higher concentration of pharmacists than the national average. This suggests that the job market is moderately competitive but also indicates a robust presence of these professionals, likely meeting the healthcare needs of the local population effectively.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Jackson, MS Pharmacists Salary | $123,680↓ 5% | 43 mi |
Comparing salaries near Lower West Mississippi nonmetropolitan area
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Frequently Asked Questions
How much does a Pharmacists make in Lower West Mississippi nonmetropolitan area?
The median annual salary for a Pharmacists in Lower West Mississippi nonmetropolitan area is $130,620. This typically ranges from $90,620 for entry-level positions to $158,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lower West Mississippi nonmetropolitan area is 4.1% lower than the national median of $136,140.
Is Lower West Mississippi nonmetropolitan area a lucrative place for Pharmacists?
Yes, it offers competitive compensation relative to the cost of living.Pharmacists here earn $130,620 annually, which is on par with the national average cost of living. This makes the nominal salary quite valuable in the local economic context.
Is Lower West Mississippi nonmetropolitan area a good place to live for Pharmacists?
The Cost of Living Index in Lower West Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lower West Mississippi nonmetropolitan area?
Some top paying nearby cities include Jackson, MS ($123,680) and others.
How does the pharmacist salary compare to the national average?
The average annual salary for pharmacists in Lower West Mississippi is $130,620, which is slightly lower than the national average of $136,140.
What is the concentration of pharmacists in this area?
The Location Quotient is 1.16, indicating a slightly higher concentration of pharmacists in Lower West Mississippi compared to the national average.
How does the cost of living affect pharmacist salaries in this region?
The cost of living index is 100, matching the national average. This means the $130,620 salary has the same purchasing power as the national average salary.
What is the total number of pharmacists in this nonmetropolitan area?
There are approximately 200 pharmacists employed in the Lower West Mississippi nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Lower West Mississippi nonmetropolitan area area with a job density of 2.475 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 Lower West Mississippi nonmetropolitan area