Average Pharmacists Salary in Norwich-New London-Willimantic, CT
Pharmacists in the Norwich-New London-Willimantic, CT area earn an average annual salary of $130,160. This figure is slightly below the national average of $136,140, suggesting a localized compensation structure influenced by regional economic factors and demand within the specific Connecticut market. The proximity to major healthcare hubs and the specific needs of the local population likely play a role in this compensation.
Executive Summary
- Average Salary: $130,160 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $158,670.
- Outlook: With a local workforce of 250 pharmacists and a location quotient of 0.96, the Norwich-New London-Willimantic area exhibits a pharmacist job market that closely mirrors the national concentration. This indicates a stable demand for pharmaceutical professionals, neither significantly oversupplied nor undersupplied, suggesting a robust environment for those seeking employment or career stability in this field within the region.
Salary Overview
The average Pharmacists in Norwich-New London-Willimantic, CT earns-4.4%below the national average.
$62.6
$2,503
$10,847
Pharmacists Salary Trends (2020-2024)
While specific historical data for the Norwich-New London-Willimantic area is not provided, it is generally assumed that pharmacist salaries nationwide have experienced steady growth over the past four years, driven by an aging population, increased healthcare utilization, and evolving pharmaceutical services. This trend is likely reflected in the local market, with opportunities for salary increases tied to experience and specialization.
Pharmacists Salary Distribution in Norwich-New London-Willimantic, CT
Salary progression for pharmacists in Norwich-New London-Willimantic, CT, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills or supervisory roles can command salaries well into the higher percentiles. These percentile gaps are indicative of the career advancement and increased earning potential available as one gains expertise and tenure in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $73,170 | $35.2 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $97,620 | $46.9 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $135,200 | $65 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $162,700 | $78.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $158,670 | $76.3 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$130,160
Gross Pay
Real Wage (Purchasing Power)
$130,160
Adjusted for COL (100)
The average pharmacist salary of $130,160 in Norwich-New London-Willimantic, CT, 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 outlook without the immediate pressure of higher or lower living expenses compared to the rest of the country.
Job Market Context
250
Total Jobs
2.041
Per 1K Jobs
0.96
Location Quotient
Norwich-New London-Willimantic, CT has 0.96x 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.
A location quotient of 0.96 for pharmacists in Norwich-New London-Willimantic, CT, signifies that the concentration of these professionals is very close to the national average. This suggests a competitive yet balanced job market where demand and supply are relatively aligned, indicating that while opportunities exist, employers may have a solid pool of candidates to choose from.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Hartford-West Hartford-East Hartford, CT Pharmacists Salary | $132,470↑ 2% | 34 mi |
| Connecticut nonmetropolitan area Pharmacists Salary | $134,890↑ 4% | 35 mi |
| Providence-Warwick, RI-MA Pharmacists Salary | $121,900↓ 6% | 39 mi |
| Springfield, MA Pharmacists Salary | $125,800↓ 3% | 45 mi |
| New Haven, CT Pharmacists Salary | $132,830↑ 2% | 46 mi |
Comparing salaries near Norwich-New London-Willimantic, CT
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Norwich-New London-Willimantic, CT?
The median annual salary for a Pharmacists in Norwich-New London-Willimantic, CT is $130,160. This typically ranges from $73,170 for entry-level positions to $158,670 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Norwich-New London-Willimantic, CT is 4.4% lower than the national median of $136,140.
Is Norwich-New London-Willimantic, CT a lucrative place for Pharmacists?
Yes, with a stable financial outlook.Pharmacists in this area earn a competitive average salary of $130,160, which holds its value due to a cost of living index matching the national average.
Is Norwich-New London-Willimantic, CT a good place to live for Pharmacists?
The Cost of Living Index in Norwich-New London-Willimantic, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Norwich-New London-Willimantic, CT?
Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($132,470) and Connecticut nonmetropolitan area.
How does the Norwich-New London-Willimantic pharmacist salary compare to the national average?
The average annual salary for pharmacists in Norwich-New London-Willimantic, CT is $130,160, which is slightly lower than the national average of $136,140.
What is the concentration of pharmacists in Norwich-New London-Willimantic, CT?
The concentration, measured by the location quotient, is 0.96, indicating that the density of pharmacists in this area is very close to the national average.
How does the cost of living affect pharmacist salaries in this area?
The cost of living in Norwich-New London-Willimantic, CT is at the national average (100), meaning the $130,160 salary has equivalent purchasing power to the national average salary.
What is the total number of pharmacists in the Norwich-New London-Willimantic, CT workforce?
There are approximately 250 pharmacists employed within the Norwich-New London-Willimantic, CT metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Norwich-New London-Willimantic, CT area with a job density of 2.041 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Pharmacists Salaries by State
Top Jobs in Norwich-New London-Willimantic, CT
- All Occupations Salary in Norwich-New London-Willimantic, CT
- Office and Administrative Support Occupations Salary in Norwich-New London-Willimantic, CT
- Food Preparation and Serving Related Occupations Salary in Norwich-New London-Willimantic, CT
- Sales and Related Occupations Salary in Norwich-New London-Willimantic, CT
- Educational Instruction and Library Occupations Salary in Norwich-New London-Willimantic, CT
- Transportation and Material Moving Occupations Salary in Norwich-New London-Willimantic, CT
- Management Occupations Salary in Norwich-New London-Willimantic, CT
- Healthcare Practitioners and Technical Occupations Salary in Norwich-New London-Willimantic, CT
- Production Occupations Salary in Norwich-New London-Willimantic, CT
- Healthcare Support Occupations Salary in Norwich-New London-Willimantic, CT
- Browse All Jobs in Norwich-New London-Willimantic, CT →
Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Norwich-New London-Willimantic, CT