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Average Pharmacists Salary in Salt Lake City-Murray, UT

Pharmacists in the Salt Lake City-Murray, UT area earn an average annual salary of $128,050. 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 Utah market.

Executive Summary

  • Average Salary: $128,050 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $166,670.
  • Outlook: With a local workforce of 1,790 pharmacists and a Location Quotient of 1.03, the Salt Lake City-Murray area demonstrates a robust and slightly above-average concentration of these professionals. This indicates a stable demand for pharmacists, suggesting a healthy job market with consistent opportunities for skilled individuals.
2024 Market Data

Salary Overview

$128,050

The average Pharmacists in Salt Lake City-Murray, UT earns-5.9%below the national average.

BreakdownBased on 40h/week
Hourly

$61.6

Weekly

$2,463

Monthly

$10,671

Pharmacists Salary Distribution in Salt Lake City-Murray, UT

The career path for pharmacists in Salt Lake City-Murray offers significant earning potential as experience is gained. Entry-level positions typically command salaries at the lower end of the spectrum, while senior pharmacists with extensive experience and specialized skills can expect to earn substantially more, often reaching the upper percentiles of the salary range, reflecting their value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$53,760$25.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$96,038$46.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$137,210$66
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$160,063$77
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$166,670$80.1

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$128,050

Gross Pay

Real Wage (Purchasing Power)

$128,050

Adjusted for COL (100)

The average annual salary of $128,050 in Salt Lake City-Murray 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 area is equivalent to the national average, offering a balanced financial landscape for residents.

Job Market Context

1,790

Total Jobs

2.193

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Salt Lake City-Murray, UT has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

A Location Quotient of 1.03 signifies that Salt Lake City-Murray has a slightly higher concentration of pharmacists relative to the national average. This suggests a competitive yet stable job market, where demand is consistent with the supply of professionals, offering good opportunities without extreme saturation.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Salt Lake City-Murray, UT

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Salt Lake City-Murray, UT?

The median annual salary for a Pharmacists in Salt Lake City-Murray, UT is $128,050. This typically ranges from $53,760 for entry-level positions to $166,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Salt Lake City-Murray, UT is 5.9% lower than the national median of $136,140.

Is Salt Lake City-Murray, UT a lucrative place for Pharmacists?

Yes, it offers a competitive salary at the national cost of living.Pharmacists in Salt Lake City-Murray earn $128,050 annually, which is competitive given the local cost of living is exactly at the national average.

Is Salt Lake City-Murray, UT a good place to live for Pharmacists?

The Cost of Living Index in Salt Lake City-Murray, UT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Salt Lake City-Murray, UT?

Some top paying nearby cities include Ogden, UT ($134,240) and Provo-Orem-Lehi, UT.

How does the pharmacist salary in Salt Lake City-Murray compare to the national average?

The average annual salary for pharmacists in Salt Lake City-Murray is $128,050, which is slightly lower than the national average of $136,140.

What is the cost of living in Salt Lake City-Murray, UT for pharmacists?

The cost of living index in Salt Lake City-Murray is 100, which is precisely the national average, indicating that the purchasing power of a pharmacist's salary is on par with the rest of the country.

How concentrated is the pharmacist job market in Salt Lake City-Murray?

The job market for pharmacists in Salt Lake City-Murray is slightly more concentrated than the national average, with a Location Quotient of 1.03, indicating a healthy presence of the profession.

What is the total number of pharmacists employed in Salt Lake City-Murray?

There are approximately 1,790 pharmacists employed within the Salt Lake City-Murray area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,790 employees in the Salt Lake City-Murray, UT area with a job density of 2.193 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.