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Average Pharmacists Salary in Mississippi

Pharmacists in Mississippi earn an impressive average annual salary of $127,530, which is slightly below the national average of $136,140. This localized pay rate reflects a combination of the state's specific economic conditions, demand for pharmaceutical services, and the overall cost of living within Mississippi.

Executive Summary

  • Average Salary: $127,530 per year.
  • Growth Trend: Salaries have shifted 5.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $156,250.
  • Outlook: With a local workforce of 3,060 pharmacists and a location quotient of 1.24, Mississippi demonstrates a concentration of these professionals that is higher than the national average. This indicates a robust and established market for pharmacists, suggesting steady demand and a stable job environment within the state.
2024 Market Data

Salary Overview

$127,530

The average Pharmacists in Mississippi earns-6.3%below the national average.

BreakdownBased on 40h/week
Hourly

$61.3

Weekly

$2,453

Monthly

$10,628

Pharmacists Salary Distribution in Mississippi

The salary landscape for pharmacists in Mississippi typically shows a clear progression with experience. Entry-level positions will command lower salaries, while senior pharmacists with extensive experience and specialized skills can expect to earn significantly more, potentially reaching into higher salary percentiles. The gap between entry-level and senior roles signifies substantial career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$94,110$45.2
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$95,648$46
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$132,420$63.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$159,413$76.6
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$156,250$75.1

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$127,530

Gross Pay

Real Wage (Purchasing Power)

$147,093

Adjusted for COL (86.7)

The average annual salary of $127,530 in Mississippi is particularly advantageous when considering the state's Cost of Living Index of 86.7. This index, being below the national average of 100, means that the purchasing power of a pharmacist's salary is enhanced, allowing for a higher standard of living compared to more expensive states.

Job Market Context

3,060

Total Jobs

2.635

Per 1K Jobs

1.24

Location Quotient

Above Average

With a location quotient of 1.24, Mississippi has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

A Location Quotient of 1.24 signifies that Mississippi has a higher concentration of pharmacists relative to its general population compared to the national average. This suggests a competitive yet well-established market, where demand for skilled pharmacists is present and potentially growing, offering good opportunities for those entering or advancing in the field.

Nearby Job Markets

Nearby Cities for Pharmacists

CitySalaryDist.
Jackson, MS Pharmacists Salary$123,680↓ 3%43 mi

Comparing salaries near Mississippi

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Mississippi?

The median annual salary for a Pharmacists in Mississippi is $127,530. This typically ranges from $94,110 for entry-level positions to $156,250 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mississippi is 6.3% lower than the national median of $136,140.

Is Mississippi a lucrative place for Pharmacists?

Yes, Mississippi offers a lucrative environment for pharmacists, especially considering its cost of living.Pharmacists in Mississippi earn a competitive average salary of $127,530, which, combined with a cost of living index below the national average, provides strong purchasing power and financial well-being.

Is Mississippi a good place to live for Pharmacists?

With a Cost of Living Index of 86.7 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Mississippi?

Some top paying nearby cities include Jackson, MS ($123,680) and others.

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

The average annual salary for pharmacists in Mississippi is $127,530, which is slightly lower than the national average of $136,140.

What is the concentration of pharmacists in Mississippi?

Mississippi has a Location Quotient of 1.24 for pharmacists, indicating a higher concentration of these professionals compared to the national average.

How does the cost of living affect pharmacist salaries in Mississippi?

With a Cost of Living Index of 86.7, Mississippi's lower cost of living means that the average pharmacist salary of $127,530 offers greater purchasing power than in states with a higher cost of living.

What is the size of the pharmacist workforce in Mississippi?

The total local workforce for pharmacists in Mississippi consists of 3,060 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,060 employees in the Mississippi area with a job density of 2.635 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 Mississippi