Average Pharmacists Salary in Portland-South Portland, ME
Pharmacists in Portland-South Portland, ME, earn an average annual salary of $134,120. This figure is slightly below the national average of $136,140, indicating a competitive but not exceptionally high-paying market. Local economic factors and the specific demand within the healthcare sector of this region contribute to this compensation level.
Executive Summary
- Average Salary: $134,120 per year.
- Growth Trend: Salaries have shifted 4.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $167,300.
- Outlook: The Portland-South Portland, ME area supports a local workforce of 570 pharmacists. With a Location Quotient of 0.94, the concentration of these professionals is nearly on par with the national average, suggesting a stable demand that aligns with broader industry trends. The presence of 2.013 jobs per 1,000 workers indicates a healthy, albeit not rapidly expanding, job market for pharmacists in this locale.
Salary Overview
The average Pharmacists in Portland-South Portland, ME earns-1.5%below the national average.
$64.5
$2,579
$11,177
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that pharmacist salaries across the United States, including in markets like Portland-South Portland, ME, have experienced steady growth over the past four years. This trend is driven by factors such as increasing healthcare needs, an aging population, and the evolving scope of pharmacy practice, which collectively contribute to a rising compensation landscape.
Pharmacists Salary Distribution in Portland-South Portland, ME
Salary progression for pharmacists in Portland-South Portland, ME, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while senior pharmacists with specialized skills or extensive experience can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects the value placed on accumulated knowledge, leadership capabilities, and specialized expertise within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $85,250 | $41 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $100,590 | $48.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $135,500 | $65.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $167,650 | $80.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $167,300 | $80.4 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$134,120
Gross Pay
Real Wage (Purchasing Power)
$134,120
Adjusted for COL (100)
The average annual salary of $134,120 in Portland-South Portland, ME, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the compensation is well-balanced with the local economic conditions and cost of essential goods and services.
Job Market Context
570
Total Jobs
2.013
Per 1K Jobs
0.94
Location Quotient
Portland-South Portland, ME has 0.94x 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 0.94 for pharmacists in Portland-South Portland, ME, indicates that the concentration of these professionals is slightly below the national average. This suggests a market that is neither oversaturated nor experiencing a significant shortage, presenting a balanced environment for job seekers. While not exceptionally concentrated, the steady presence of pharmacists points to consistent opportunities within the local healthcare system.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Lewiston-Auburn, ME Pharmacists Salary | $137,810↑ 3% | 29 mi |
| Central New Hampshire nonmetropolitan area Pharmacists Salary | $136,220↑ 2% | 67 mi |
| Northern New Hampshire nonmetropolitan area Pharmacists Salary | $141,660↑ 6% | 67 mi |
| Southwestern New Hampshire nonmetropolitan area Pharmacists Salary | $137,320↑ 2% | 67 mi |
| Manchester-Nashua, NH Pharmacists Salary | $137,750↑ 3% | 76 mi |
Comparing salaries near Portland-South Portland, ME
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Portland-South Portland, ME?
The median annual salary for a Pharmacists in Portland-South Portland, ME is $134,120. This typically ranges from $85,250 for entry-level positions to $167,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Portland-South Portland, ME is 1.5% lower than the national median of $136,140.
Is Portland-South Portland, ME a lucrative place for Pharmacists?
Yes, it offers competitive compensation.Pharmacists in Portland-South Portland, ME, earn an average of $134,120, which is closely aligned with the national average. Coupled with a cost of living that matches the national average, this salary provides strong purchasing power.
Is Portland-South Portland, ME a good place to live for Pharmacists?
The Cost of Living Index in Portland-South Portland, ME is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Portland-South Portland, ME?
Some top paying nearby cities include Lewiston-Auburn, ME ($137,810) and Central New Hampshire nonmetropolitan area.
How does the Portland-South Portland pharmacist salary compare to the national average?
The average annual salary for pharmacists in Portland-South Portland, ME, is $134,120, which is slightly lower than the national average of $136,140.
What is the cost of living in Portland-South Portland, ME for pharmacists?
The cost of living in Portland-South Portland, ME, is exactly at the national average, indicated by a Cost of Living Index of 100.
How concentrated is the pharmacist job market in Portland-South Portland, ME?
The pharmacist job market in Portland-South Portland, ME, has a Location Quotient of 0.94, meaning it is slightly less concentrated than the national average, suggesting a balanced job market.
How many pharmacists are employed in the Portland-South Portland, ME area?
There are approximately 570 pharmacists employed in the Portland-South Portland, ME 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 570 employees in the Portland-South Portland, ME area with a job density of 2.013 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 Portland-South Portland, ME