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Average Pharmacists Salary in Salem, OR

Pharmacists in Salem, Oregon, command an impressive average annual salary of $154,990, significantly exceeding the national average of $136,140. This elevated compensation likely reflects a combination of specialized skill requirements, the critical nature of pharmaceutical services, and potentially regional demand factors within Oregon's healthcare landscape.

Executive Summary

  • Average Salary: $154,990 per year.
  • Growth Trend: Salaries have shifted 12.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $192,810.
  • Outlook: With a local workforce of 320 pharmacists and a Location Quotient of 0.79, Salem presents a moderately concentrated but stable job market. While not as densely populated with pharmacists as the national average, the existing workforce suggests consistent demand for these essential healthcare professionals, indicating a robust outlook for those in the field.
2024 Market Data

Salary Overview

$154,990

The average Pharmacists in Salem, OR earns+13.8%above the national average.

BreakdownBased on 40h/week
Hourly

$74.5

Weekly

$2,981

Monthly

$12,916

Pharmacists Salary Distribution in Salem, OR

The career trajectory for pharmacists in Salem, OR, typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, but as pharmacists gain expertise, build specialized skills, and potentially move into supervisory or management roles, their earning potential escalates considerably, with senior-level professionals occupying the higher salary percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$127,870$61.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$116,243$55.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$163,120$78.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$193,738$93.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$192,810$92.7

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$154,990

Gross Pay

Real Wage (Purchasing Power)

$154,990

Adjusted for COL (100)

The average annual salary of $154,990 in Salem, OR, is particularly attractive given the local Cost of Living Index is precisely at the national average of 100. This means that the purchasing power of a pharmacist's salary in Salem is equivalent to the national average, allowing for a comfortable lifestyle without the premium often associated with higher salaries in more expensive regions.

Job Market Context

320

Total Jobs

1.692

Per 1K Jobs

0.79

Location Quotient

Below Average

Salem, OR has 0.79x 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 0.79 indicates that Salem, OR, has a slightly lower concentration of pharmacists compared to the national average. This suggests that while the profession is well-established, the market may not be oversaturated, potentially offering good opportunities for skilled pharmacists seeking employment or career advancement without facing intense competition.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Salem, OR

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Salem, OR?

The median annual salary for a Pharmacists in Salem, OR is $154,990. This typically ranges from $127,870 for entry-level positions to $192,810 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Salem, OR is 13.8% higher than the national median of $136,140.

Is Salem, OR a lucrative place for Pharmacists?

Yes, Salem, OR is a lucrative place for Pharmacists.Pharmacists in Salem earn significantly above the national average salary, and with a cost of living on par with the national average, their earnings offer strong purchasing power.

Is Salem, OR a good place to live for Pharmacists?

The Cost of Living Index in Salem, OR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Salem, OR?

Some top paying nearby cities include Albany, OR ($140,540) and Corvallis, OR.

How does Salem's pharmacist salary compare to the national average?

Pharmacists in Salem, OR, earn an average annual salary of $154,990, which is substantially higher than the national average of $136,140.

What is the cost of living in Salem, OR for pharmacists?

The cost of living in Salem, OR, is at the national average (index of 100), meaning your salary of $154,990 will have the same purchasing power as the national average salary in a national average cost of living area.

How concentrated is the pharmacist job market in Salem, OR?

The pharmacist job market in Salem, OR, has a Location Quotient of 0.79, indicating a slightly lower concentration of pharmacists compared to the national average, suggesting a balanced job market.

What is the total number of pharmacists in Salem, OR?

There are approximately 320 pharmacists employed in Salem, OR, contributing to the local healthcare sector.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Salem, OR area with a job density of 1.692 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.