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Average Pharmacists Salary in Southwest Maine nonmetropolitan area

Pharmacists in the Southwest Maine nonmetropolitan area earn an impressive average annual salary of $140,060, surpassing the national average of $136,140. This elevated compensation is likely driven by the unique demands and potentially limited supply of specialized healthcare professionals in more rural, nonmetropolitan regions, ensuring competitive remuneration for essential services.

Executive Summary

  • Average Salary: $140,060 per year.
  • Growth Trend: Salaries have shifted 2.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $166,420.
  • Outlook: The pharmacist job market in Southwest Maine, with a total local workforce of 310, indicates a stable and established presence. The Location Quotient of 1.03 suggests that the concentration of pharmacists is slightly above the national average, hinting at consistent demand and a healthy job market for these professionals within the region.
2024 Market Data

Salary Overview

$140,060

The average Pharmacists in Southwest Maine nonmetropolitan area earns+2.9%above the national average.

BreakdownBased on 40h/week
Hourly

$67.3

Weekly

$2,693

Monthly

$11,672

Pharmacists Salary Distribution in Southwest Maine nonmetropolitan area

As pharmacists gain experience, their earning potential typically increases significantly. Entry-level positions may start at a lower percentile, but with accumulated knowledge, specialized skills, and years of practice, senior pharmacists can command salaries in the higher percentiles. The widening gap between entry-level and senior salaries reflects a clear career progression and the value placed on expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$101,330$48.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$105,045$50.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$140,000$67.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$175,075$84.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$166,420$80

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$140,060

Gross Pay

Real Wage (Purchasing Power)

$140,060

Adjusted for COL (100)

The average annual salary of $140,060 in Southwest Maine 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 without the added pressure of higher living expenses.

Job Market Context

310

Total Jobs

2.207

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Southwest Maine nonmetropolitan area has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

With a Location Quotient of 1.03, the market for pharmacists in Southwest Maine is neither overly saturated nor critically undersupplied; it is closely aligned with national employment patterns. This suggests a balanced job market where opportunities are available, and professionals can expect a competitive, yet stable, employment landscape.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Southwest Maine nonmetropolitan area

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Frequently Asked Questions

How much does a Pharmacists make in Southwest Maine nonmetropolitan area?

The median annual salary for a Pharmacists in Southwest Maine nonmetropolitan area is $140,060. This typically ranges from $101,330 for entry-level positions to $166,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Maine nonmetropolitan area is 2.9% higher than the national median of $136,140.

Is Southwest Maine nonmetropolitan area a lucrative place for Pharmacists?

Yes, it is a lucrative area for Pharmacists.Pharmacists in Southwest Maine earn above the national average salary, and with a cost of living at the national average, their income provides strong purchasing power.

Is Southwest Maine nonmetropolitan area a good place to live for Pharmacists?

The Cost of Living Index in Southwest Maine nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southwest Maine nonmetropolitan area?

Some top paying nearby cities include Bangor, ME ($137,310) and Lewiston-Auburn, ME.

How does the pharmacist salary compare to the national average?

The average annual salary for pharmacists in Southwest Maine is $140,060, which is higher than the national average of $136,140.

What is the Cost of Living in Southwest Maine for Pharmacists?

The Cost of Living Index in Southwest Maine is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the country.

How concentrated is the pharmacist workforce in Southwest Maine?

The Location Quotient for pharmacists in Southwest Maine is 1.03, meaning the concentration of pharmacists is slightly higher than the national average, suggesting a stable demand.

What is the total number of pharmacists employed in Southwest Maine?

There are approximately 310 pharmacists employed in the Southwest Maine nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Southwest Maine nonmetropolitan area area with a job density of 2.207 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.