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Average Pharmacists Salary in Northwestern Region of Texas nonmetropolitan area

Pharmacists in the Northwestern Region of Texas nonmetropolitan area earn an average annual salary of $124,850. This figure is notably below the national average of $136,140, suggesting that geographic location and regional economic factors play a significant role in compensation for this vital healthcare profession.

Executive Summary

  • Average Salary: $124,850 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,690.
  • Outlook: The job market for pharmacists in the Northwestern Region of Texas nonmetropolitan area appears stable, with a total local workforce of 210 individuals. The Location Quotient of 0.53 indicates a lower concentration of pharmacists compared to the national average, suggesting a moderate but not saturated demand within this specific region.
2024 Market Data

Salary Overview

$124,850

The average Pharmacists in Northwestern Region of Texas nonmetropolitan area earns-8.3%below the national average.

BreakdownBased on 40h/week
Hourly

$60

Weekly

$2,401

Monthly

$10,404

Pharmacists Salary Distribution in Northwestern Region of Texas nonmetropolitan area

Salary progression for pharmacists in the Northwestern Region of Texas nonmetropolitan area typically scales with experience. Entry-level positions will command lower salaries, while senior pharmacists with specialized skills or supervisory roles can expect to earn significantly more, with percentile gaps reflecting these advancements in expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$57,100$27.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$93,638$45
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$130,960$63
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$156,063$75
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$165,690$79.7

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$124,850

Gross Pay

Real Wage (Purchasing Power)

$124,850

Adjusted for COL (100)

The average annual salary of $124,850 in the Northwestern Region of Texas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of a pharmacist's earnings in this region is equivalent to the national standard.

Job Market Context

210

Total Jobs

1.122

Per 1K Jobs

0.53

Location Quotient

Below Average

Northwestern Region of Texas nonmetropolitan area has 0.53x 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.

With a Location Quotient of 0.53, the Northwestern Region of Texas nonmetropolitan area has a lower concentration of pharmacists relative to the national average. This suggests that while the profession is present, it is not as densely populated as in other areas, potentially indicating fewer job openings but also less intense competition for available positions.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Northwestern Region of Texas nonmetropolitan area

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Northwestern Region of Texas nonmetropolitan area?

The median annual salary for a Pharmacists in Northwestern Region of Texas nonmetropolitan area is $124,850. This typically ranges from $57,100 for entry-level positions to $165,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwestern Region of Texas nonmetropolitan area is 8.3% lower than the national median of $136,140.

Is Northwestern Region of Texas nonmetropolitan area a lucrative place for Pharmacists?

No, not when compared to the national average salary.While the average salary of $124,850 is substantial, it falls below the national average of $136,140. However, the cost of living is at the national average, meaning purchasing power is maintained.

Is Northwestern Region of Texas nonmetropolitan area a good place to live for Pharmacists?

The Cost of Living Index in Northwestern Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwestern Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($134,510) and Waco, TX.

How does the local pharmacist workforce size compare nationally?

The total local workforce of 210 pharmacists in the Northwestern Region of Texas nonmetropolitan area is relatively small, especially when considering the national distribution of this profession.

What does a Location Quotient of 0.53 mean for pharmacists?

A Location Quotient of 0.53 signifies that there are fewer pharmacists per worker in this region compared to the national average, indicating a less concentrated market.

How does the cost of living affect pharmacist salaries in this region?

The Cost of Living Index of 100 means that the purchasing power of a $124,850 salary in this region is equivalent to the national average, despite being lower than the national average salary.

Are there many job opportunities for pharmacists in this Texas region?

With 1.122 jobs per 1,000 workers and a lower concentration (LQ 0.53), the job market is present but likely less competitive than in more densely populated areas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Northwestern Region of Texas nonmetropolitan area area with a job density of 1.122 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.