Average Pharmacists Salary in Northeast Alabama nonmetropolitan area
Pharmacists in the Northeast Alabama nonmetropolitan area earn an average annual salary of $124,520. This figure is notably below the national average of $136,140, suggesting that while the region offers a stable market, compensation may not fully align with national benchmarks. Local economic factors and demand dynamics likely contribute to this pay differential.
Executive Summary
- Average Salary: $124,520 per year.
- Growth Trend: Salaries have shifted 4.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $151,040.
- Outlook: The job market for Pharmacists in Northeast Alabama appears stable, with a total local workforce of 340 individuals. The location quotient of 1.06 indicates a slightly higher concentration of pharmacists compared to the national average, suggesting a steady, albeit not rapidly expanding, demand for these professionals within the region.
Salary Overview
The average Pharmacists in Northeast Alabama nonmetropolitan area earns-8.5%below the national average.
$59.9
$2,395
$10,377
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Pharmacists in Northeast Alabama have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, increased healthcare needs, and inflation typically drive modest annual increases in compensation for skilled healthcare professionals.
Pharmacists Salary Distribution in Northeast Alabama nonmetropolitan area
Salary progression for Pharmacists in Northeast Alabama typically scales with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills or supervisory roles can expect to earn significantly more. The gap between lower and upper salary percentiles reflects the career advancement opportunities and the value placed on expertise within the local market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $90,200 | $43.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $93,390 | $44.9 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $128,790 | $61.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $155,650 | $74.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $151,040 | $72.6 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$124,520
Gross Pay
Real Wage (Purchasing Power)
$124,520
Adjusted for COL (100)
The average annual salary of $124,520 in Northeast Alabama 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 equivalent to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.
Job Market Context
340
Total Jobs
2.263
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Northeast Alabama nonmetropolitan area has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
With a location quotient of 1.06, Northeast Alabama exhibits a slightly higher concentration of Pharmacists than the national average. This suggests a healthy, competitive job market where demand is consistent with the supply of professionals, indicating good opportunities for both new entrants and experienced individuals seeking employment.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Montgomery, AL Pharmacists Salary | $133,030↑ 7% | 44 mi |
| Birmingham, AL Pharmacists Salary | $132,170↑ 6% | 50 mi |
| Tuscaloosa, AL Pharmacists Salary | $122,740↓ 1% | 52 mi |
| Auburn-Opelika, AL Pharmacists Salary | $124,530↑ 0% | 77 mi |
| Anniston-Oxford, AL Pharmacists Salary | $123,440↓ 1% | 82 mi |
Comparing salaries near Northeast Alabama nonmetropolitan area
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Frequently Asked Questions
How much does a Pharmacists make in Northeast Alabama nonmetropolitan area?
The median annual salary for a Pharmacists in Northeast Alabama nonmetropolitan area is $124,520. This typically ranges from $90,200 for entry-level positions to $151,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northeast Alabama nonmetropolitan area is 8.5% lower than the national median of $136,140.
Is Northeast Alabama nonmetropolitan area a lucrative place for Pharmacists?
Yes, it offers competitive earnings relative to its cost of living.Pharmacists earn $124,520 annually, which is competitive given the national average cost of living. While below the national salary average, the equivalent purchasing power makes it an attractive location.
Is Northeast Alabama nonmetropolitan area a good place to live for Pharmacists?
The Cost of Living Index in Northeast Alabama nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeast Alabama nonmetropolitan area?
Some top paying nearby cities include Montgomery, AL ($133,030) and Birmingham, AL.
How does the Northeast Alabama pharmacist salary compare to the national average?
The average annual salary for Pharmacists in Northeast Alabama is $124,520, which is approximately 8.5% lower than the national average of $136,140.
What is the cost of living in Northeast Alabama for Pharmacists?
The cost of living in Northeast Alabama is at the national average, indexed at 100. This means that the $124,520 salary offers purchasing power equivalent to the national average.
How concentrated are Pharmacists in Northeast Alabama?
The location quotient for Pharmacists in Northeast Alabama is 1.06, indicating a slightly higher concentration of these professionals compared to the national average.
What is the total number of Pharmacists in Northeast Alabama?
There are approximately 340 Pharmacists employed in the Northeast Alabama nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Northeast Alabama nonmetropolitan area area with a job density of 2.263 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 Northeast Alabama nonmetropolitan area