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Average Pharmacists Salary in Northern New Hampshire nonmetropolitan area

Pharmacists in the Northern New Hampshire nonmetropolitan area earn an impressive average annual salary of $141,660. This figure notably surpasses the national average of $136,140, indicating a premium placed on pharmaceutical expertise in this region. The localized demand and potentially unique healthcare needs contribute to this elevated compensation.

Executive Summary

  • Average Salary: $141,660 per year.
  • Growth Trend: Salaries have shifted 11.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $164,220.
  • Outlook: The job market for pharmacists in Northern New Hampshire appears robust, characterized by a concentrated workforce. With a Location Quotient of 1.47, this region shows a significantly higher concentration of pharmacists relative to the national average, suggesting strong and sustained demand for these essential healthcare professionals within the local economy.
2024 Market Data

Salary Overview

$141,660

The average Pharmacists in Northern New Hampshire nonmetropolitan area earns+4.1%above the national average.

BreakdownBased on 40h/week
Hourly

$68.1

Weekly

$2,724

Monthly

$11,805

Pharmacists Salary Distribution in Northern New Hampshire nonmetropolitan area

The career trajectory for pharmacists in Northern New Hampshire offers significant earning potential, with experience playing a crucial role in salary progression. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn considerably more, with substantial percentile gaps reflecting advancement opportunities and increased responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$112,780$54.2
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$106,245$51.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$138,130$66.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$177,075$85.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$164,220$79

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$141,660

Gross Pay

Real Wage (Purchasing Power)

$141,660

Adjusted for COL (100)

The nominal average annual salary of $141,660 in Northern New Hampshire is particularly advantageous given the local Cost of Living Index of 100, which is precisely at the national average. This means that pharmacists earning in this region can expect their income to have strong purchasing power, with no significant reduction in living standards compared to the national benchmark.

Job Market Context

270

Total Jobs

3.144

Per 1K Jobs

1.47

Location Quotient

Above Average

With a location quotient of 1.47, Northern New Hampshire nonmetropolitan area has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

A Location Quotient of 1.47 for pharmacists in Northern New Hampshire signifies a market where this profession is more prevalent than the national average. This suggests a healthy demand and potentially fewer pharmacists per capita than in highly saturated metropolitan areas, indicating a competitive yet accessible job market for skilled professionals.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Northern New Hampshire nonmetropolitan area

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Northern New Hampshire nonmetropolitan area?

The median annual salary for a Pharmacists in Northern New Hampshire nonmetropolitan area is $141,660. This typically ranges from $112,780 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 Northern New Hampshire nonmetropolitan area is 4.1% higher than the national median of $136,140.

Is Northern New Hampshire nonmetropolitan area a lucrative place for Pharmacists?

Yes, Northern New Hampshire is a lucrative area for Pharmacists.Pharmacists in this region earn above the national average salary, and with a cost of living at the national average, their income offers excellent purchasing power.

Is Northern New Hampshire nonmetropolitan area a good place to live for Pharmacists?

The Cost of Living Index in Northern New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northern New Hampshire nonmetropolitan area?

Some top paying nearby cities include Manchester-Nashua, NH ($137,750) and Portland-South Portland, ME.

How does the pharmacist salary in Northern NH compare to the national average?

Pharmacists in Northern New Hampshire earn an average of $141,660 annually, which is higher than the national average of $136,140.

What does the Location Quotient of 1.47 mean for pharmacists in Northern NH?

A Location Quotient of 1.47 indicates that pharmacists are 47% more concentrated in Northern New Hampshire than the national average, suggesting strong local demand and a potentially favorable job market.

How does the cost of living affect pharmacist salaries in Northern NH?

With a Cost of Living Index of 100, the national average, the $141,660 salary in Northern New Hampshire offers strong real value and purchasing power, as it is not diminished by a higher cost of living.

What is the total number of pharmacists in Northern New Hampshire?

There are approximately 270 pharmacists employed in the Northern New Hampshire 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 270 employees in the Northern New Hampshire nonmetropolitan area area with a job density of 3.144 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.