SalaryNode

Average Pharmacists Salary in Traverse City, MI

The average salary for a Pharmacists in Traverse City, MI is $135,710. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $135,710 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,550.
  • Outlook: The current demand for Pharmacistss is stable, with a local workforce of approximately 150 professionals. This role remains a specialized component of the broader Traverse City, MI economy.
2024 Market Data

Salary Overview

$135,710

The average Pharmacists in Traverse City, MI earns-0.3%below the national average.

BreakdownBased on 40h/week
Hourly

$65.2

Weekly

$2,610

Monthly

$11,309

Pharmacists Salary Distribution in Traverse City, MI

The earning potential for Pharmacistss in Traverse City, MI varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $102,720, while highly experienced professionals can command wages upwards of $165,550.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$102,720$49.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$101,783$48.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$138,030$66.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$169,638$81.6
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$165,550$79.6

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$135,710

Gross Pay

Real Wage (Purchasing Power)

$135,710

Adjusted for COL (100)

In Traverse City, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $135,710 to $135,710.

Job Market Context

150

Total Jobs

2.184

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Traverse City, MI has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

150 people work as Pharmacists in Traverse City, MI.

Moderate density — roughly 2.184 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Traverse City, MI?

The median annual salary for a Pharmacists in Traverse City, MI is $135,710. This typically ranges from $102,720 for entry-level positions to $165,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Traverse City, MI is 0.3% lower than the national median of $136,140.

Is Traverse City, MI a good place for Pharmacistss?

It depends on your priorities. While the average Pharmacists salary in Traverse City, MI is $135,710 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Traverse City, MI. See distinct detailed breakdown below.

Is Traverse City, MI a good place to live for Pharmacists?

The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 150 employees in the Traverse City, MI area with a job density of 2.184 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Traverse City, MI