Average Pharmacists Salary in Tulsa, OK
Pharmacists in Tulsa, OK, earn an average annual salary of $130,490. This figure is slightly below the national average of $136,140, a common occurrence in markets where local economic factors and demand dynamics may influence compensation. While the nominal pay is competitive, understanding the underlying reasons for this differential is key for professionals in the area.
Executive Summary
- Average Salary: $130,490 per year.
- Growth Trend: Salaries have shifted 6.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $159,020.
- Outlook: With a local workforce of 850 Pharmacists, Tulsa presents a stable, albeit not exceptionally concentrated, job market. The Location Quotient of 0.88 suggests that the concentration of Pharmacists in Tulsa is slightly below the national average, indicating a balanced demand-supply scenario. The presence of 1.88 jobs per 1,000 workers signifies consistent opportunities for skilled professionals.
Salary Overview
The average Pharmacists in Tulsa, OK earns-4.2%below the national average.
$62.7
$2,509
$10,874
Pharmacists Salary Trends (2020-2024)
While specific historical data for Tulsa is not provided, the pharmacy profession nationwide has generally experienced steady salary growth over the past four years, driven by an aging population, increased demand for healthcare services, and advancements in pharmaceutical treatments. It is reasonable to assume that Pharmacists in Tulsa have also seen a positive trend in their compensation, reflecting broader industry advancements and local economic conditions.
Pharmacists Salary Distribution in Tulsa, OK
The career trajectory for Pharmacists in Tulsa, as elsewhere, typically involves a significant salary increase from entry-level to senior positions. While exact figures vary, the gap between the starting salary and that of an experienced or specialized Pharmacist can be substantial, often representing a 30-50% increase. These percentile gaps are crucial indicators of career progression and the value placed on accumulated knowledge and responsibility within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $105,800 | $50.9 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $97,868 | $47.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $133,840 | $64.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $163,113 | $78.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $159,020 | $76.5 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$130,490
Gross Pay
Real Wage (Purchasing Power)
$130,490
Adjusted for COL (100)
The average annual salary of $130,490 in Tulsa aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Pharmacist's salary in Tulsa is equivalent to the national average. Professionals relocating to Tulsa can expect their earnings to cover expenses at a rate comparable to the rest of the country, making it a financially stable choice.
Job Market Context
850
Total Jobs
1.88
Per 1K Jobs
0.88
Location Quotient
Tulsa, OK has 0.88x the national average concentration of Pharmacists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.88 for Pharmacists in Tulsa indicates that the profession is slightly less concentrated than the national average. This suggests that while there is a solid presence of Pharmacists, the market is not saturated, and there may be ample opportunities for qualified individuals. It implies a healthy demand relative to the supply, making it a potentially favorable market for job seekers.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Southeast Oklahoma nonmetropolitan area Pharmacists Salary | $127,880↓ 2% | 69 mi |
| Northeast Oklahoma nonmetropolitan area Pharmacists Salary | $127,550↓ 2% | 69 mi |
| Southwest Oklahoma nonmetropolitan area Pharmacists Salary | $104,960↓ 20% | 69 mi |
| Northwest Oklahoma nonmetropolitan area Pharmacists Salary | $119,880↓ 8% | 69 mi |
| Fayetteville-Springdale-Rogers, AR Pharmacists Salary | $136,190↑ 4% | 97 mi |
Comparing salaries near Tulsa, OK
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Frequently Asked Questions
How much does a Pharmacists make in Tulsa, OK?
The median annual salary for a Pharmacists in Tulsa, OK is $130,490. This typically ranges from $105,800 for entry-level positions to $159,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tulsa, OK is 4.2% lower than the national median of $136,140.
Is Tulsa, OK a lucrative place for Pharmacists?
Yes, Tulsa, OK offers a lucrative environment for Pharmacists.The average salary of $130,490 is competitive, and with a Cost of Living Index of 100, the purchasing power of this salary is on par with the national average, ensuring financial stability.
Is Tulsa, OK a good place to live for Pharmacists?
The Cost of Living Index in Tulsa, OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Tulsa, OK?
Some top paying nearby cities include Southeast Oklahoma nonmetropolitan area ($127,880) and Northeast Oklahoma nonmetropolitan area.
How does Tulsa's Pharmacist salary compare to the national average?
Pharmacists in Tulsa earn an average of $130,490 annually, which is slightly lower than the national average of $136,140.
What is the job market like for Pharmacists in Tulsa?
The job market is stable with a local workforce of 850 Pharmacists and a Location Quotient of 0.88, indicating a balanced demand and supply.
Does the Cost of Living in Tulsa affect a Pharmacist's salary?
No, the Cost of Living Index in Tulsa is 100, matching the national average. This means the $130,490 salary has equivalent purchasing power to the national average salary.
Are there many job openings for Pharmacists in Tulsa?
There are approximately 1.88 Pharmacist jobs per 1,000 workers in Tulsa, suggesting consistent opportunities within the local healthcare sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 850 employees in the Tulsa, OK area with a job density of 1.88 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Tulsa, OK