Average Pharmacists Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
Pharmacists in the Nashville-Davidson--Murfreesboro--Franklin, TN area earn an average annual salary of $127,320. This figure is slightly below the national average of $136,140, suggesting a localized compensation structure influenced by regional economic factors and demand. While not reaching the national benchmark, this salary reflects the critical role pharmacists play within the local healthcare ecosystem.
Executive Summary
- Average Salary: $127,320 per year.
- Growth Trend: Salaries have shifted 5.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,360.
- Outlook: The Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area supports a robust workforce of 2,650 Pharmacists. With a Location Quotient of 1.13, the concentration of these professionals is slightly higher than the national average, indicating a healthy and potentially growing demand for their specialized skills within the region.
Salary Overview
The average Pharmacists in Nashville-Davidson--Murfreesboro--Franklin, TN earns-6.5%below the national average.
$61.2
$2,448
$10,610
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Pharmacist salaries in the Nashville-Davidson--Murfreesboro--Franklin, TN area have experienced steady growth over the past four years, mirroring national trends. This growth is likely driven by increasing healthcare needs, advancements in pharmaceutical services, and the persistent demand for skilled healthcare professionals.
Pharmacists Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN
Salary progression for Pharmacists in the Nashville-Davidson--Murfreesboro--Franklin, TN area typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills or supervisory roles can command salaries in the upper percentiles. These percentile gaps clearly signify career advancement opportunities and increased earning potential throughout a Pharmacist's career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $49,760 | $23.9 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $95,490 | $45.9 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $135,500 | $65.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $159,150 | $76.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $161,360 | $77.6 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$127,320
Gross Pay
Real Wage (Purchasing Power)
$127,320
Adjusted for COL (100)
The average annual salary of $127,320 for Pharmacists in Nashville-Davidson--Murfreesboro--Franklin, TN 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 comparable to the national average, offering a stable financial standing without significant compromises due to living expenses.
Job Market Context
2,650
Total Jobs
2.419
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Nashville-Davidson--Murfreesboro--Franklin, TN has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
A Location Quotient of 1.13 for Pharmacists in Nashville-Davidson--Murfreesboro--Franklin, TN indicates a slightly higher concentration of these professionals compared to the national average. This suggests a competitive yet well-established job market, where demand is present and the supply of qualified individuals is robust, offering good opportunities for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| East Tennessee nonmetropolitan area Pharmacists Salary | $116,340↓ 9% | 29 mi |
| South Central Tennessee nonmetropolitan area Pharmacists Salary | $113,360↓ 11% | 29 mi |
| West Tennessee nonmetropolitan area Pharmacists Salary | $123,900↓ 3% | 29 mi |
| North Central Tennessee nonmetropolitan area Pharmacists Salary | $123,840↓ 3% | 29 mi |
| Clarksville, TN-KY Pharmacists Salary | $127,960↑ 1% | 42 mi |
Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Nashville-Davidson--Murfreesboro--Franklin, TN?
The median annual salary for a Pharmacists in Nashville-Davidson--Murfreesboro--Franklin, TN is $127,320. This typically ranges from $49,760 for entry-level positions to $161,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 6.5% lower than the national median of $136,140.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Pharmacists?
Yes, it offers a competitive salary with an average of $127,320.The average salary is strong and aligns with the national average cost of living, making it a financially stable location for Pharmacists. The slightly higher concentration of pharmacists also suggests consistent demand for their services.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Pharmacists?
The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?
Some top paying nearby cities include East Tennessee nonmetropolitan area ($116,340) and South Central Tennessee nonmetropolitan area.
How does the Nashville Pharmacist salary compare to the national average?
Pharmacists in Nashville-Davidson--Murfreesboro--Franklin, TN earn an average of $127,320 annually, which is slightly below the national average of $136,140.
What is the cost of living in Nashville-Davidson--Murfreesboro--Franklin, TN for Pharmacists?
The cost of living in the Nashville-Davidson--Murfreesboro--Franklin, TN area is at the national average of 100, meaning your salary has average purchasing power.
How many Pharmacists are employed in the Nashville area?
There are approximately 2,650 Pharmacists employed in the Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area.
Is the job market for Pharmacists strong in Nashville?
Yes, the market is considered strong with a Location Quotient of 1.13, indicating a slightly higher concentration of Pharmacists than the national average, suggesting good demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,650 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 2.419 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 Nashville-Davidson--Murfreesboro--Franklin, TN