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Average Pharmacists Salary in Maine

Pharmacists in Maine earn an impressive average annual salary of $136,010, a figure that closely mirrors the national average of $136,140. This near parity suggests that while Maine's unique economic landscape and specific healthcare demands play a role, the overall compensation for this vital profession remains highly competitive across the country.

Executive Summary

  • Average Salary: $136,010 per year.
  • Growth Trend: Salaries have shifted 1.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $167,340.
  • Outlook: With a local workforce of 1,330 Pharmacists and a Location Quotient of 0.98, Maine presents a stable job market for these professionals. The LQ indicates a concentration very close to the national average, suggesting a balanced demand and supply of pharmacists, ensuring consistent employment opportunities without extreme oversupply or undersupply.
2024 Market Data

Salary Overview

$136,010

The average Pharmacists in Maine earns-0.1%below the national average.

BreakdownBased on 40h/week
Hourly

$65.4

Weekly

$2,616

Monthly

$11,334

Pharmacists Salary Distribution in Maine

Career progression for Pharmacists in Maine significantly impacts earning potential. Entry-level positions typically start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles. The widening gap between entry-level and senior salaries reflects the value placed on expertise and years of dedicated service in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$85,880$41.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$102,008$49
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$136,970$65.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$170,013$81.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$167,340$80.5

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$136,010

Gross Pay

Real Wage (Purchasing Power)

$121,982

Adjusted for COL (111.5)

Maine's nominal average salary of $136,010 is offset by a Cost of Living Index of 111.5, which is 11.5% higher than the national average. This means that while the gross income is competitive, the purchasing power of that salary is slightly diminished when compared to more affordable regions, requiring careful budgeting for residents.

Job Market Context

1,330

Total Jobs

2.099

Per 1K Jobs

0.98

Location Quotient

Below Average

Maine has 0.98x the national average concentration of Pharmacists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.98 for Pharmacists in Maine signifies that the profession is represented in the state at a rate nearly equivalent to the national average. This suggests a healthy and competitive market where opportunities are readily available, but professionals may need to highlight their unique skills and experience to stand out.

Nearby Job Markets

Nearby Cities for Pharmacists

CitySalaryDist.
Bangor, ME Pharmacists Salary$137,310↑ 1%31 mi
Lewiston-Auburn, ME Pharmacists Salary$137,810↑ 1%57 mi
Portland-South Portland, ME Pharmacists Salary$134,120↓ 1%83 mi

Comparing salaries near Maine

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Maine?

The median annual salary for a Pharmacists in Maine is $136,010. This typically ranges from $85,880 for entry-level positions to $167,340 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maine is 0.1% lower than the national median of $136,140.

Is Maine a lucrative place for Pharmacists?

Yes, Maine offers a competitive salary for Pharmacists.The average salary of $136,010 is nearly on par with the national average, indicating strong earning potential. However, the higher cost of living means careful financial planning is advised.

Is Maine a good place to live for Pharmacists?

The Cost of Living Index in Maine is 111.5. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Maine?

Some top paying nearby cities include Bangor, ME ($137,310) and Lewiston-Auburn, ME.

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

Maine's average annual salary for Pharmacists is $136,010, which is very close to the national average of $136,140, indicating comparable earning potential.

What is the concentration of Pharmacists in Maine?

Maine has a Location Quotient of 0.98 for Pharmacists, meaning the concentration of this profession is almost exactly at the national average level.

How does the cost of living in Maine affect a Pharmacist's salary?

With a Cost of Living Index of 111.5, Maine is 11.5% more expensive than the national average. This means the $136,010 salary has slightly less purchasing power than it would in a lower cost-of-living area.

What is the size of the pharmacist workforce in Maine?

There are approximately 1,330 Pharmacists employed in Maine, representing 2.099 jobs per 1,000 workers in the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,330 employees in the Maine area with a job density of 2.099 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 Maine