SalaryNode

Average Pharmacists Salary in San Juan-Bayamon-Caguas, PR

Pharmacists in the San Juan-Bayamon-Caguas, PR area earn an average annual salary of $99,060. This figure is notably lower than the national average of $136,140. Local economic factors, including regional demand and the specific healthcare landscape, contribute to this salary differential.

Executive Summary

  • Average Salary: $99,060 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,030.
  • Outlook: The San Juan-Bayamon-Caguas, PR metropolitan area supports a robust workforce of 1,550 Pharmacists. With a Location Quotient of 1.05, the concentration of these professionals slightly exceeds the national average, indicating a stable and consistent demand for their specialized skills within the region.
2024 Market Data

Salary Overview

$99,060

The average Pharmacists in San Juan-Bayamon-Caguas, PR earns-27.2%below the national average.

BreakdownBased on 40h/week
Hourly

$47.6

Weekly

$1,905

Monthly

$8,255

Pharmacists Salary Distribution in San Juan-Bayamon-Caguas, PR

Career progression for Pharmacists in San Juan-Bayamon-Caguas, PR significantly impacts earning potential. Entry-level positions typically start at lower salary percentiles, while seasoned professionals with extensive experience and specialized certifications can command salaries in the upper percentiles, reflecting a substantial increase in compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$47,370$22.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$74,295$35.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$107,860$51.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$123,825$59.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$126,030$60.6

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$99,060

Gross Pay

Real Wage (Purchasing Power)

$99,060

Adjusted for COL (100)

The average annual salary of $99,060 in San Juan-Bayamon-Caguas, PR aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of a Pharmacist's income in this region is equivalent to that of their counterparts across the United States.

Job Market Context

1,550

Total Jobs

2.247

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, San Juan-Bayamon-Caguas, PR has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

A Location Quotient of 1.05 suggests that Pharmacists are slightly more concentrated in the San Juan-Bayamon-Caguas, PR area compared to the national average. This indicates a healthy job market where demand is present and potentially growing, offering a competitive environment for both employers and job seekers.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near San Juan-Bayamon-Caguas, PR

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in San Juan-Bayamon-Caguas, PR?

The median annual salary for a Pharmacists in San Juan-Bayamon-Caguas, PR is $99,060. This typically ranges from $47,370 for entry-level positions to $126,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in San Juan-Bayamon-Caguas, PR is 27.2% lower than the national median of $136,140.

Is San Juan-Bayamon-Caguas, PR a lucrative place for Pharmacists?

Yes, with caveats.While the nominal salary is below the national average, the equivalent cost of living means your earnings have comparable purchasing power. The stable job market also presents opportunities.

Is San Juan-Bayamon-Caguas, PR a good place to live for Pharmacists?

The Cost of Living Index in San Juan-Bayamon-Caguas, PR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near San Juan-Bayamon-Caguas, PR?

Some top paying nearby cities include Guayama, PR ($97,650) and Puerto Rico nonmetropolitan area.

How does the San Juan-Bayamon-Caguas, PR pharmacist salary compare to the national average?

The average annual salary for Pharmacists in San Juan-Bayamon-Caguas, PR is $99,060, which is less than the national average of $136,140.

What is the cost of living in San Juan-Bayamon-Caguas, PR for Pharmacists?

The Cost of Living Index in San Juan-Bayamon-Caguas, PR is 100, which is the same as the national average.

How many Pharmacists are employed in the San Juan-Bayamon-Caguas, PR area?

There are approximately 1,550 Pharmacists employed in the San Juan-Bayamon-Caguas, PR metropolitan area.

Is the job market for Pharmacists strong in San Juan-Bayamon-Caguas, PR?

With a Location Quotient of 1.05, the concentration of Pharmacists is slightly above the national average, suggesting a stable and potentially growing job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,550 employees in the San Juan-Bayamon-Caguas, PR area with a job density of 2.247 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.