Average Pharmacists Salary in South Arkansas nonmetropolitan area
Pharmacists in the South Arkansas nonmetropolitan area earn an impressive average annual salary of $133,630. This figure is closely aligned with the national average of $136,140, indicating a stable and competitive compensation landscape. Local demand and the specific healthcare needs of the region likely contribute to this robust pay.
Executive Summary
- Average Salary: $133,630 per year.
- Growth Trend: Salaries have shifted 1.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $156,250.
- Outlook: With a total local workforce of 270 pharmacists and a Location Quotient of 1.05, the job market in South Arkansas demonstrates a healthy concentration of these professionals, slightly above the national average. This suggests a consistent demand for pharmaceutical services within the nonmetropolitan setting, pointing towards a stable employment outlook.
Salary Overview
The average Pharmacists in South Arkansas nonmetropolitan area earns-1.8%below the national average.
$64.3
$2,570
$11,136
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that pharmacist salaries in South Arkansas have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, inflation, and the need for specialized pharmaceutical expertise likely contribute to an upward trajectory in compensation.
Pharmacists Salary Distribution in South Arkansas nonmetropolitan area
The career progression for pharmacists in South Arkansas is typically marked by increasing compensation as experience is gained. Entry-level pharmacists may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a significant salary gap that signifies career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $99,860 | $48 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $100,223 | $48.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $131,240 | $63.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $167,038 | $80.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $156,250 | $75.1 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$133,630
Gross Pay
Real Wage (Purchasing Power)
$133,630
Adjusted for COL (100)
The nominal average annual salary of $133,630 in South Arkansas 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 region is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
270
Total Jobs
2.233
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, South Arkansas nonmetropolitan area has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
A Location Quotient of 1.05 indicates that pharmacists are slightly more concentrated in South Arkansas than the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market where demand is met by a slightly higher supply of professionals, making it a competitive yet accessible environment for skilled pharmacists.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Pharmacists Salary | $128,390↓ 4% | 17 mi |
| Hot Springs, AR Pharmacists Salary | $126,030↓ 6% | 51 mi |
Comparing salaries near South Arkansas nonmetropolitan area
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in South Arkansas nonmetropolitan area?
The median annual salary for a Pharmacists in South Arkansas nonmetropolitan area is $133,630. This typically ranges from $99,860 for entry-level positions to $156,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Arkansas nonmetropolitan area is 1.8% lower than the national median of $136,140.
Is South Arkansas nonmetropolitan area a lucrative place for Pharmacists?
Yes, it offers competitive compensation.Pharmacists in this area earn an average of $133,630, which is very close to the national average, and the cost of living is exactly at the national average.
Is South Arkansas nonmetropolitan area a good place to live for Pharmacists?
The Cost of Living Index in South Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Arkansas nonmetropolitan area?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($128,390) and Hot Springs, AR.
How does the pharmacist salary in South Arkansas compare to the national average?
The average annual salary for pharmacists in South Arkansas is $133,630, which is slightly below the national average of $136,140, indicating very comparable earning potential.
What is the concentration of pharmacists in South Arkansas?
The Location Quotient for pharmacists in South Arkansas is 1.05, meaning they are slightly more concentrated in this nonmetropolitan area compared to the national average.
How does the cost of living affect pharmacist salaries in South Arkansas?
With a Cost of Living Index of 100, the national average, the $133,630 salary in South Arkansas offers purchasing power equivalent to the national average, making it financially stable.
What is the total number of pharmacists employed in South Arkansas?
There are approximately 270 pharmacists employed in the South Arkansas nonmetropolitan area, indicating a moderate-sized professional community.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the South Arkansas nonmetropolitan area area with a job density of 2.233 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Pharmacists Salaries by State
Top Jobs in South Arkansas nonmetropolitan area
- All Occupations Salary in South Arkansas nonmetropolitan area
- Production Occupations Salary in South Arkansas nonmetropolitan area
- Office and Administrative Support Occupations Salary in South Arkansas nonmetropolitan area
- Transportation and Material Moving Occupations Salary in South Arkansas nonmetropolitan area
- Sales and Related Occupations Salary in South Arkansas nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in South Arkansas nonmetropolitan area
- Educational Instruction and Library Occupations Salary in South Arkansas nonmetropolitan area
- Management Occupations Salary in South Arkansas nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in South Arkansas nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in South Arkansas nonmetropolitan area
- Browse All Jobs in South Arkansas nonmetropolitan area →
Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in South Arkansas nonmetropolitan area