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Average Pharmacists Salary in New Haven, CT

Pharmacists in New Haven, CT, command an average annual salary of $132,830, slightly below the national average of $136,140. This minor difference is often influenced by the specific healthcare demands and the presence of major medical institutions within the New Haven area, which can shape compensation structures.

Executive Summary

  • Average Salary: $132,830 per year.
  • Growth Trend: Salaries have shifted 15.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,520.
  • Outlook: With a local workforce of 660 pharmacists and a Location Quotient of 1.09, New Haven demonstrates a healthy concentration of these professionals, indicating a stable and consistent demand for their expertise. The job market appears robust, suggesting ample opportunities for both new entrants and experienced individuals within the city's healthcare sector.
2024 Market Data

Salary Overview

$132,830

The average Pharmacists in New Haven, CT earns-2.4%below the national average.

BreakdownBased on 40h/week
Hourly

$63.9

Weekly

$2,554

Monthly

$11,069

Pharmacists Salary Distribution in New Haven, CT

The career path for pharmacists in New Haven typically shows significant salary progression. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills or supervisory roles can command salaries in the upper percentiles. These percentile gaps clearly signify the career advancement and increased earning potential available with experience.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$100,190$48.2
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$99,623$47.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$132,730$63.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$166,038$79.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$165,520$79.6

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$132,830

Gross Pay

Real Wage (Purchasing Power)

$132,830

Adjusted for COL (100)

The average annual salary of $132,830 in New Haven aligns perfectly with the national average cost of living (index of 100). This means that the purchasing power of a pharmacist's salary in New Haven is equivalent to that of a pharmacist earning the national average in a typical U.S. city, offering a balanced financial landscape.

Job Market Context

660

Total Jobs

2.324

Per 1K Jobs

1.09

Location Quotient

Above Average

With a location quotient of 1.09, New Haven, CT has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

A Location Quotient of 1.09 suggests that New Haven has a slightly higher concentration of pharmacists relative to the national average. This indicates a competitive yet well-established market, where demand is robust enough to support a slightly denser professional population, implying steady job availability.

Nearby Job Markets

Nearby Cities for Pharmacists

CitySalaryDist.
Bridgeport-Stamford-Danbury, CT Pharmacists Salary$143,190↑ 8%16 mi
Waterbury-Shelton, CT Pharmacists Salary$132,630↓ 0%18 mi
Connecticut nonmetropolitan area Pharmacists Salary$134,890↑ 2%22 mi
Hartford-West Hartford-East Hartford, CT Pharmacists Salary$132,470↓ 0%34 mi
Norwich-New London-Willimantic, CT Pharmacists Salary$130,160↓ 2%46 mi

Comparing salaries near New Haven, CT

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in New Haven, CT?

The median annual salary for a Pharmacists in New Haven, CT is $132,830. This typically ranges from $100,190 for entry-level positions to $165,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Haven, CT is 2.4% lower than the national median of $136,140.

Is New Haven, CT a lucrative place for Pharmacists?

Yes, New Haven offers a competitive salary for pharmacists.Pharmacists in New Haven earn an average of $132,830 annually, which is very close to the national average, while the cost of living is exactly at the national average.

Is New Haven, CT a good place to live for Pharmacists?

The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Haven, CT?

Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($143,190) and Waterbury-Shelton, CT.

How does the New Haven pharmacist salary compare to the national average?

The average annual salary for pharmacists in New Haven, CT is $132,830, which is slightly lower than the national average of $136,140.

What is the cost of living in New Haven, CT for pharmacists?

The cost of living index in New Haven, CT is 100, which is exactly the national average, meaning your salary has average purchasing power.

How concentrated is the pharmacist job market in New Haven?

New Haven has a Location Quotient of 1.09 for pharmacists, indicating a slightly higher concentration of these professionals than the national average.

How many pharmacist jobs are there per 1,000 workers in New Haven?

There are approximately 2.324 pharmacist jobs per 1,000 workers in New Haven, CT.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the New Haven, CT area with a job density of 2.324 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 New Haven, CT