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Average Pharmacists Salary in New Orleans-Metairie, LA

Pharmacists in the New Orleans-Metairie, LA area earn an average annual salary of $119,500. This figure is notably below the national average of $136,140, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation levels within this region.

Executive Summary

  • Average Salary: $119,500 per year.
  • Growth Trend: Salaries have shifted 0.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $160,640.
  • Outlook: The New Orleans-Metairie pharmacist job market demonstrates a healthy concentration, indicated by a Location Quotient of 1.31, which is 31% above the national average. With a local workforce of 1,230 professionals, this suggests a robust demand for pharmaceutical services that slightly outpaces national trends, signaling a stable employment environment for pharmacists in the area.
2024 Market Data

Salary Overview

$119,500

The average Pharmacists in New Orleans-Metairie, LA earns-12.2%below the national average.

BreakdownBased on 40h/week
Hourly

$57.5

Weekly

$2,298

Monthly

$9,958

Pharmacists Salary Distribution in New Orleans-Metairie, LA

Career progression for pharmacists in New Orleans-Metairie typically correlates with increased earning potential. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills or supervisory roles can command salaries significantly higher than the average. The widening gap between entry-level and senior-level salaries reflects the value placed on experience and expertise within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$63,710$30.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$89,625$43.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$128,250$61.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$149,375$71.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$160,640$77.2

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$119,500

Gross Pay

Real Wage (Purchasing Power)

$119,500

Adjusted for COL (100)

The average pharmacist salary of $119,500 in New Orleans-Metairie 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 area is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to everyday expenses.

Job Market Context

1,230

Total Jobs

2.783

Per 1K Jobs

1.31

Location Quotient

Above Average

With a location quotient of 1.31, New Orleans-Metairie, LA has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

A Location Quotient of 1.31 signifies that New Orleans-Metairie has a higher concentration of pharmacists relative to its general workforce compared to the national average. This suggests a slightly more competitive market for job seekers, but also indicates a strong and established presence of the pharmaceutical profession within the local healthcare ecosystem.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near New Orleans-Metairie, LA

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in New Orleans-Metairie, LA?

The median annual salary for a Pharmacists in New Orleans-Metairie, LA is $119,500. This typically ranges from $63,710 for entry-level positions to $160,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Orleans-Metairie, LA is 12.2% lower than the national median of $136,140.

Is New Orleans-Metairie, LA a lucrative place for Pharmacists?

Moderately lucrative, with average pay below the national benchmark but a strong local presence.While the average salary of $119,500 is below the national average, the cost of living is also at the national average, making the nominal salary hold its value. The higher concentration of pharmacists (LQ 1.31) indicates a stable, albeit competitive, job market.

Is New Orleans-Metairie, LA a good place to live for Pharmacists?

The Cost of Living Index in New Orleans-Metairie, LA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Orleans-Metairie, LA?

Some top paying nearby cities include Slidell-Mandeville-Covington, LA ($125,210) and Hammond, LA.

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

The average annual salary for pharmacists in New Orleans-Metairie is $119,500, which is $16,640 less than the national average of $136,140.

What is the cost of living in New Orleans-Metairie, LA?

The cost of living index in New Orleans-Metairie is 100, which is exactly the same as the national average.

How concentrated is the pharmacist workforce in New Orleans-Metairie?

The pharmacist workforce in New Orleans-Metairie is more concentrated than the national average, with a Location Quotient of 1.31, indicating a higher proportion of pharmacists relative to other professions.

What is the total number of pharmacists in New Orleans-Metairie?

There are approximately 1,230 pharmacists employed in the New Orleans-Metairie, LA area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,230 employees in the New Orleans-Metairie, LA area with a job density of 2.783 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.