Average Pharmacists Salary in Manchester-Nashua, NH
Pharmacists in the Manchester-Nashua, NH area earn an impressive average annual salary of $137,750. This figure slightly surpasses the national average of $136,140, indicating a strong demand for pharmaceutical expertise in the region. Local economic factors and the specific needs of the healthcare infrastructure likely contribute to this competitive compensation.
Executive Summary
- Average Salary: $137,750 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,650.
- Outlook: The Manchester-Nashua pharmaceutical job market, with a local workforce of 300 pharmacists, presents a stable environment. The Location Quotient of 0.71 suggests that while the concentration of pharmacists is slightly below the national average, the presence of 1.505 jobs per 1,000 workers indicates consistent employment opportunities for skilled professionals.
Salary Overview
The average Pharmacists in Manchester-Nashua, NH earns+1.2%above the national average.
$66.2
$2,649
$11,479
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that pharmacist salaries in Manchester-Nashua have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, advancements in pharmaceutical services, and inflation typically drive upward salary adjustments for experienced professionals in this vital sector.
Pharmacists Salary Distribution in Manchester-Nashua, NH
Career progression for pharmacists in Manchester-Nashua is typically marked by significant salary increases. Entry-level positions may start at a lower percentile, but with experience, specialization, and increased responsibility, pharmacists can advance to senior roles commanding higher salaries. The gap between entry-level and senior-level pay reflects the value placed on accumulated knowledge and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $108,160 | $52 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $103,313 | $49.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $137,560 | $66.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $172,188 | $82.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $161,650 | $77.7 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$137,750
Gross Pay
Real Wage (Purchasing Power)
$137,750
Adjusted for COL (100)
The average annual salary of $137,750 in Manchester-Nashua aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a pharmacist's salary in this area is equivalent to the national average, offering a stable financial foundation for residents.
Job Market Context
300
Total Jobs
1.505
Per 1K Jobs
0.71
Location Quotient
Manchester-Nashua, NH has 0.71x 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.
With a Location Quotient of 0.71, the Manchester-Nashua area has a slightly lower concentration of pharmacists compared to the national average. This suggests that while the market is not oversaturated, there is a steady demand for qualified professionals, making it a moderately competitive yet accessible job market for pharmacists.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Central New Hampshire nonmetropolitan area Pharmacists Salary | $136,220↓ 1% | 33 mi |
| Northern New Hampshire nonmetropolitan area Pharmacists Salary | $141,660↑ 3% | 33 mi |
| Southwestern New Hampshire nonmetropolitan area Pharmacists Salary | $137,320↓ 0% | 33 mi |
| Boston-Cambridge-Newton, MA-NH Pharmacists Salary | $136,720↓ 1% | 50 mi |
| Massachusetts nonmetropolitan area Pharmacists Salary | $132,750↓ 4% | 52 mi |
Comparing salaries near Manchester-Nashua, NH
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Manchester-Nashua, NH?
The median annual salary for a Pharmacists in Manchester-Nashua, NH is $137,750. This typically ranges from $108,160 for entry-level positions to $161,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Manchester-Nashua, NH is 1.2% higher than the national median of $136,140.
Is Manchester-Nashua, NH a lucrative place for Pharmacists?
Yes, Manchester-Nashua, NH offers a lucrative environment for pharmacists.Pharmacists in this area earn an average of $137,750 annually, which is above the national average. Coupled with a cost of living that matches the national average, this makes it a financially attractive location.
Is Manchester-Nashua, NH a good place to live for Pharmacists?
The Cost of Living Index in Manchester-Nashua, NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Manchester-Nashua, NH?
Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($136,220) and Northern New Hampshire nonmetropolitan area.
How does the pharmacist salary in Manchester-Nashua compare to the national average?
The average annual salary for pharmacists in Manchester-Nashua, NH is $137,750, which is slightly higher than the national average of $136,140.
What is the cost of living in Manchester-Nashua, NH for pharmacists?
The cost of living in Manchester-Nashua, NH is exactly at the national average, indicated by an index of 100. This means your salary has average purchasing power.
How concentrated is the pharmacist job market in Manchester-Nashua, NH?
The pharmacist job market in Manchester-Nashua, NH has a Location Quotient of 0.71, meaning it is slightly less concentrated than the national average, suggesting a balanced demand and supply.
What is the total number of pharmacists in the Manchester-Nashua, NH workforce?
There are approximately 300 pharmacists employed within the Manchester-Nashua, NH 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 300 employees in the Manchester-Nashua, NH area with a job density of 1.505 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 Manchester-Nashua, NH