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Average Pharmacists Salary in Maryland nonmetropolitan area

Pharmacists in Maryland's nonmetropolitan areas earn an average annual salary of $129,120. This figure is slightly below the national average of $136,140, suggesting that while demand exists, the compensation may be influenced by factors specific to rural healthcare needs and operational costs outside major urban centers.

Executive Summary

  • Average Salary: $129,120 per year.
  • Growth Trend: Salaries have shifted 6.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $159,730.
  • Outlook: With a local workforce of 240 Pharmacists and a Location Quotient of 1.0, the job market in Maryland's nonmetropolitan areas indicates a stable demand that mirrors the national average. The presence of 2.141 jobs per 1,000 workers suggests a consistent need for pharmaceutical services, positioning these areas as steady employment hubs for the profession.
2024 Market Data

Salary Overview

$129,120

The average Pharmacists in Maryland nonmetropolitan area earns-5.2%below the national average.

BreakdownBased on 40h/week
Hourly

$62.1

Weekly

$2,483

Monthly

$10,760

Pharmacists Salary Distribution in Maryland nonmetropolitan area

Salary progression for Pharmacists in Maryland's nonmetropolitan areas typically scales with experience. Entry-level positions will likely fall towards the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory roles can command significantly higher salaries, often reaching the upper percentiles. These percentile gaps clearly signify the career advancement and earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$82,570$39.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$96,840$46.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$132,600$63.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$161,400$77.6
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$159,730$76.8

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$129,120

Gross Pay

Real Wage (Purchasing Power)

$129,120

Adjusted for COL (100)

The average annual salary of $129,120 in Maryland's nonmetropolitan areas aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Pharmacist's salary in these locations is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to everyday expenses.

Job Market Context

240

Total Jobs

2.141

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Maryland nonmetropolitan area has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

A Location Quotient of 1.0 for Pharmacists in Maryland's nonmetropolitan areas indicates that the concentration of these professionals is precisely at the national average. This suggests a balanced job market where demand and supply are in equilibrium, neither overly saturated nor experiencing a significant shortage compared to the rest of the country.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Maryland nonmetropolitan area

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Maryland nonmetropolitan area?

The median annual salary for a Pharmacists in Maryland nonmetropolitan area is $129,120. This typically ranges from $82,570 for entry-level positions to $159,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maryland nonmetropolitan area is 5.2% lower than the national median of $136,140.

Is Maryland nonmetropolitan area a lucrative place for Pharmacists?

Yes, it offers competitive compensation relative to the cost of living.Pharmacists in these areas earn $129,120 annually, which is on par with the national average cost of living. This makes the salary quite competitive for the lifestyle offered.

Is Maryland nonmetropolitan area a good place to live for Pharmacists?

The Cost of Living Index in Maryland nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Maryland nonmetropolitan area?

Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($142,280) and Baltimore-Columbia-Towson, MD.

How does the Pharmacist salary in Maryland nonmetropolitan areas compare to the national average?

The average annual salary for Pharmacists in Maryland's nonmetropolitan areas is $129,120, which is slightly lower than the national average of $136,140.

What is the concentration of Pharmacists in Maryland's nonmetropolitan areas?

The concentration, measured by the Location Quotient, is 1.0, indicating that the proportion of Pharmacists in this region is the same as the national average.

How many Pharmacists are employed in Maryland's nonmetropolitan areas?

There are approximately 240 Pharmacists employed in Maryland's nonmetropolitan areas, representing 2.141 jobs per 1,000 workers.

Does the cost of living affect the value of a Pharmacist's salary in this region?

No, the cost of living index is 100, which is the national average. Therefore, the nominal salary of $129,120 holds its purchasing power equivalent to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Maryland nonmetropolitan area area with a job density of 2.141 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.