Average Pharmacists Salary in Oxnard-Thousand Oaks-Ventura, CA
Pharmacists in the Oxnard-Thousand Oaks-Ventura, CA area earn an impressive average annual salary of $153,590. This figure significantly surpasses the national average of $136,140, indicating a strong demand and potentially higher operational costs or specialized needs within this specific California region that drive compensation higher.
Executive Summary
- Average Salary: $153,590 per year.
- Growth Trend: Salaries have shifted 4.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $197,090.
- Outlook: With a local workforce of 660 pharmacists and a Location Quotient of 0.97, the Oxnard-Thousand Oaks-Ventura area demonstrates a robust job market for this profession. The concentration is nearly on par with the national average, suggesting a stable and consistent demand for skilled pharmacists, without an oversupply that would depress wages.
Salary Overview
The average Pharmacists in Oxnard-Thousand Oaks-Ventura, CA earns+12.8%above the national average.
$73.8
$2,954
$12,799
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that pharmacist salaries in Oxnard-Thousand Oaks-Ventura, CA have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, an aging population, and advancements in pharmaceutical services likely contribute to this upward trajectory in compensation.
Pharmacists Salary Distribution in Oxnard-Thousand Oaks-Ventura, CA
Career progression for pharmacists in Oxnard-Thousand Oaks-Ventura, CA, typically involves a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, the typical salary range widens considerably with experience, reflecting increased responsibilities, specialized knowledge, and leadership roles that command higher compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $123,850 | $59.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $115,193 | $55.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $159,030 | $76.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $191,988 | $92.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $197,090 | $94.8 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$153,590
Gross Pay
Real Wage (Purchasing Power)
$153,590
Adjusted for COL (100)
The average annual salary of $153,590 in Oxnard-Thousand Oaks-Ventura, CA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a pharmacist's salary in this region is equivalent to the national standard, offering a balanced lifestyle without significant financial strain due to living expenses.
Job Market Context
660
Total Jobs
2.074
Per 1K Jobs
0.97
Location Quotient
Oxnard-Thousand Oaks-Ventura, CA has 0.97x 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.
The Location Quotient of 0.97 for pharmacists in Oxnard-Thousand Oaks-Ventura, CA, indicates a job market that is very closely aligned with the national average in terms of concentration. This suggests that while the area is not exceptionally over-represented with pharmacists compared to other professions, there is a healthy and consistent presence, ensuring a competitive yet accessible job market for qualified individuals.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA Pharmacists Salary | $152,180↓ 1% | 55 mi |
| Bakersfield-Delano, CA Pharmacists Salary | $161,120↑ 5% | 80 mi |
| Santa Maria-Santa Barbara, CA Pharmacists Salary | $165,500↑ 8% | 88 mi |
Comparing salaries near Oxnard-Thousand Oaks-Ventura, CA
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Frequently Asked Questions
How much does a Pharmacists make in Oxnard-Thousand Oaks-Ventura, CA?
The median annual salary for a Pharmacists in Oxnard-Thousand Oaks-Ventura, CA is $153,590. This typically ranges from $123,850 for entry-level positions to $197,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oxnard-Thousand Oaks-Ventura, CA is 12.8% higher than the national median of $136,140.
Is Oxnard-Thousand Oaks-Ventura, CA a lucrative place for Pharmacists?
Yes, it is a lucrative place for Pharmacists.Pharmacists in this region earn approximately $17,000 more than the national average, and the local cost of living is exactly at the national average, making it a financially advantageous location.
Is Oxnard-Thousand Oaks-Ventura, CA a good place to live for Pharmacists?
The Cost of Living Index in Oxnard-Thousand Oaks-Ventura, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Oxnard-Thousand Oaks-Ventura, CA?
Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($152,180) and Bakersfield-Delano, CA.
How does the Oxnard-Thousand Oaks-Ventura, CA pharmacist salary compare to the national average?
The average annual salary for pharmacists in Oxnard-Thousand Oaks-Ventura, CA is $153,590, which is notably higher than the national average of $136,140.
What is the concentration of pharmacists in Oxnard-Thousand Oaks-Ventura, CA?
The concentration, measured by the Location Quotient, is 0.97, indicating that the presence of pharmacists in this area is very close to the national average.
Does the cost of living affect the pharmacist salary in Oxnard-Thousand Oaks-Ventura, CA?
No, the cost of living in Oxnard-Thousand Oaks-Ventura, CA is exactly at the national average (100), meaning the higher nominal salary translates directly to equivalent purchasing power.
How many pharmacists are employed in the Oxnard-Thousand Oaks-Ventura, CA area?
There are approximately 660 pharmacists employed within the Oxnard-Thousand Oaks-Ventura, CA region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the Oxnard-Thousand Oaks-Ventura, CA area with a job density of 2.074 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 Oxnard-Thousand Oaks-Ventura, CA