Average Pharmacists Salary in New Hampshire
Pharmacists in New Hampshire earn an impressive average annual salary of $140,440, surpassing the national average of $136,140. This elevated compensation likely reflects a combination of the state's specific healthcare demands, the required expertise of pharmacy professionals, and potentially a competitive market for skilled individuals within the Granite State.
Executive Summary
- Average Salary: $140,440 per year.
- Growth Trend: Salaries have shifted 9.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,220.
- Outlook: New Hampshire supports a dedicated workforce of 1,090 pharmacists. While the Location Quotient of 0.75 suggests a slightly lower concentration compared to the national average, the presence of over a thousand professionals indicates a stable and established market. The rate of 1.59 jobs per 1,000 workers further solidifies the ongoing need for these essential healthcare providers.
Salary Overview
The average Pharmacists in New Hampshire earns+3.2%above the national average.
$67.5
$2,701
$11,703
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that pharmacist salaries in New Hampshire have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in pharmaceutical services, and inflation typically drive upward salary adjustments for experienced professionals in this vital sector.
Pharmacists Salary Distribution in New Hampshire
Salary progression for pharmacists in New Hampshire is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills or supervisory roles can expect to earn considerably more. The widening gap between entry-level and senior-level salaries, often reflected in percentile data, clearly signifies substantial career growth and increased earning potential over time.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $112,300 | $54 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $105,330 | $50.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $141,480 | $68 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $175,550 | $84.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $164,220 | $79 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$140,440
Gross Pay
Real Wage (Purchasing Power)
$121,488
Adjusted for COL (115.6)
The average annual salary of $140,440 in New Hampshire presents a strong nominal income. However, with a Cost of Living Index of 115.6, which is 15.6% above the national average, the purchasing power of this salary is somewhat tempered. While still a substantial income, residents should be aware that everyday expenses may be higher compared to more affordable regions.
Job Market Context
1,090
Total Jobs
1.59
Per 1K Jobs
0.75
Location Quotient
New Hampshire has 0.75x 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 0.75 indicates that pharmacists are slightly less concentrated in New Hampshire compared to the national average. This suggests that while the profession is present and necessary, the market may not be oversaturated. This could translate to a more favorable environment for job seekers, potentially leading to competitive offers as employers seek to attract qualified talent.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Manchester-Nashua, NH Pharmacists Salary | $137,750↓ 2% | 33 mi |
| Portland-South Portland, ME Pharmacists Salary | $134,120↓ 5% | 67 mi |
| Northern Vermont nonmetropolitan area Pharmacists Salary | $132,300↓ 6% | 70 mi |
| Southern Vermont nonmetropolitan area Pharmacists Salary | $131,540↓ 6% | 70 mi |
| Boston-Cambridge-Newton, MA-NH Pharmacists Salary | $136,720↓ 3% | 82 mi |
Comparing salaries near New Hampshire
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Frequently Asked Questions
How much does a Pharmacists make in New Hampshire?
The median annual salary for a Pharmacists in New Hampshire is $140,440. This typically ranges from $112,300 for entry-level positions to $164,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Hampshire is 3.2% higher than the national median of $136,140.
Is New Hampshire a lucrative place for Pharmacists?
Yes, New Hampshire offers a lucrative environment for pharmacists.Pharmacists in New Hampshire earn an average of $140,440 annually, exceeding the national average. Despite a higher cost of living, the robust salary indicates strong earning potential in the state.
Is New Hampshire a good place to live for Pharmacists?
The Cost of Living Index in New Hampshire is 115.6. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Hampshire?
Some top paying nearby cities include Manchester-Nashua, NH ($137,750) and Portland-South Portland, ME.
How does the New Hampshire pharmacist salary compare to the national average?
The average annual salary for pharmacists in New Hampshire is $140,440, which is higher than the national average of $136,140.
What is the concentration of pharmacists in New Hampshire?
New Hampshire has a Location Quotient of 0.75 for pharmacists, indicating a slightly lower concentration compared to the national average.
How does the cost of living affect pharmacist salaries in New Hampshire?
New Hampshire's Cost of Living Index is 115.6, meaning expenses are about 15.6% higher than the national average. This higher cost of living is somewhat offset by the elevated pharmacist salaries.
What is the size of the pharmacist workforce in New Hampshire?
There are approximately 1,090 pharmacists employed in New Hampshire.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,090 employees in the New Hampshire area with a job density of 1.59 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 New Hampshire