SalaryNode

Average Pharmacists Salary in Urban Honolulu, HI

Pharmacists in Urban Honolulu, HI, command an impressive average annual salary of $148,640, significantly surpassing the national average of $136,140. This elevated compensation is likely driven by a combination of factors unique to the Hawaiian market, including the logistical challenges and specialized healthcare needs of an island state.

Executive Summary

  • Average Salary: $148,640 per year.
  • Growth Trend: Salaries have shifted 14.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $174,170.
  • Outlook: With a local workforce of 1,000 pharmacists and a location quotient of 1.06, Urban Honolulu demonstrates a slightly higher concentration of these professionals than the national average. This suggests a stable, albeit not rapidly expanding, demand for pharmacists, indicating a robust job market that can support current employment levels.
2024 Market Data

Salary Overview

$148,640

The average Pharmacists in Urban Honolulu, HI earns+9.2%above the national average.

BreakdownBased on 40h/week
Hourly

$71.5

Weekly

$2,858

Monthly

$12,387

Pharmacists Salary Distribution in Urban Honolulu, HI

The salary progression for pharmacists in Urban Honolulu typically scales with experience. Entry-level positions may start at a lower percentile, while senior pharmacists with specialized skills or in leadership roles can command salaries in the higher percentiles. These percentile gaps clearly signify opportunities for career advancement and increased earning potential within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$123,340$59.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$111,480$53.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$160,010$76.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$185,800$89.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$174,170$83.7

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$148,640

Gross Pay

Real Wage (Purchasing Power)

$148,640

Adjusted for COL (100)

The average annual salary of $148,640 in Urban Honolulu, HI, is particularly attractive given the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of a pharmacist's salary in Urban Honolulu is equivalent to the national average, making the higher nominal salary translate directly into comparable living standards.

Job Market Context

1,000

Total Jobs

2.262

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, Urban Honolulu, HI has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

The location quotient of 1.06 indicates that Urban Honolulu has a slightly higher concentration of pharmacists per worker compared to the national average. This suggests a competitive market where employers may need to offer competitive salaries to attract and retain talent, while also reflecting a healthy demand for these essential healthcare professionals.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Urban Honolulu, HI

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Urban Honolulu, HI?

The median annual salary for a Pharmacists in Urban Honolulu, HI is $148,640. This typically ranges from $123,340 for entry-level positions to $174,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Urban Honolulu, HI is 9.2% higher than the national median of $136,140.

Is Urban Honolulu, HI a lucrative place for Pharmacists?

Yes, Urban Honolulu, HI is a lucrative place for Pharmacists.Pharmacists in Urban Honolulu earn significantly above the national average salary, and with a cost of living at the national average, their earnings offer strong purchasing power.

Is Urban Honolulu, HI a good place to live for Pharmacists?

The Cost of Living Index in Urban Honolulu, HI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Urban Honolulu, HI?

Some top paying nearby cities include Hawaii / Kauai nonmetropolitan area ($142,040) and others.

How does the pharmacist salary in Urban Honolulu compare to the national average?

The average annual salary for pharmacists in Urban Honolulu, HI, is $148,640, which is notably higher than the national average of $136,140.

What is the total number of pharmacists in Urban Honolulu?

There are approximately 1,000 pharmacists employed within the Urban Honolulu, HI, area.

Does the cost of living affect the value of a pharmacist's salary in Urban Honolulu?

No, the cost of living in Urban Honolulu is precisely at the national average (100), meaning the higher nominal salary translates directly to equivalent purchasing power compared to the rest of the country.

Is the job market for pharmacists in Urban Honolulu highly concentrated?

The location quotient of 1.06 suggests a slightly higher concentration of pharmacists than the national average, indicating a stable and moderately competitive 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 1,000 employees in the Urban Honolulu, HI area with a job density of 2.262 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.