Average Pharmacists Salary in Vermont
Pharmacists in Vermont earn an average annual salary of $135,880, a figure that closely mirrors the national average of $136,140. While the nominal pay is comparable, the specific economic landscape and demand within Vermont contribute to this compensation level. Factors such as the state's unique healthcare needs and the overall economic environment play a role in shaping pharmacist remuneration.
Executive Summary
- Average Salary: $135,880 per year.
- Growth Trend: Salaries have shifted 3.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $171,900.
- Outlook: With a local workforce of 530 pharmacists and a Location Quotient of 0.82, Vermont presents a moderately concentrated but stable job market for these professionals. The concentration, slightly below the national average, suggests that while not oversaturated, the demand is consistent with the size of the workforce. This indicates a steady environment for pharmacists seeking employment or career advancement within the state.
Salary Overview
The average Pharmacists in Vermont earns-0.2%below the national average.
$65.3
$2,613
$11,323
Pharmacists Salary Trends (2020-2024)
While specific historical data for Vermont pharmacists isn't provided, it's reasonable to assume a trend of salary growth over the past four years, mirroring national patterns. Economic factors, inflation, and increasing demand for healthcare services typically drive upward adjustments in pharmacist salaries, suggesting a positive trajectory for compensation in the state.
Pharmacists Salary Distribution in Vermont
The career progression for pharmacists in Vermont, as elsewhere, is typically marked by increasing earning potential with experience. Entry-level pharmacists will likely find their salaries at the lower end of the spectrum, while seasoned professionals with specialized skills or supervisory roles can command significantly higher compensation. The percentile gaps in salary data would signify these distinct levels of experience and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $107,470 | $51.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $101,910 | $49 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $134,780 | $64.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $169,850 | $81.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $171,900 | $82.6 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$135,880
Gross Pay
Real Wage (Purchasing Power)
$118,259
Adjusted for COL (114.9)
Vermont's average pharmacist salary of $135,880 needs to be viewed in the context of its Cost of Living Index of 114.9. This index, which is nearly 15% higher than the national average, means that the purchasing power of a Vermont pharmacist's salary is somewhat diminished compared to areas with a lower cost of living. While the nominal salary is strong, the higher expenses in Vermont necessitate careful financial planning.
Job Market Context
530
Total Jobs
1.741
Per 1K Jobs
0.82
Location Quotient
Vermont has 0.82x 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.
The Location Quotient of 0.82 for pharmacists in Vermont indicates a slightly lower concentration of these professionals compared to the national average. This suggests that Vermont's job market for pharmacists is not disproportionately large relative to its general workforce. While not a high-demand hotspot, this figure implies a stable and potentially less competitive environment for pharmacists seeking opportunities within the state.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Burlington-South Burlington, VT Pharmacists Salary | $140,460↑ 3% | 40 mi |
| Glens Falls, NY Pharmacists Salary | $125,040↓ 8% | 69 mi |
| Central New Hampshire nonmetropolitan area Pharmacists Salary | $136,220↑ 0% | 70 mi |
| Northern New Hampshire nonmetropolitan area Pharmacists Salary | $141,660↑ 4% | 70 mi |
| Southwestern New Hampshire nonmetropolitan area Pharmacists Salary | $137,320↑ 1% | 70 mi |
Comparing salaries near Vermont
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Vermont?
The median annual salary for a Pharmacists in Vermont is $135,880. This typically ranges from $107,470 for entry-level positions to $171,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Vermont is 0.2% lower than the national median of $136,140.
Is Vermont a lucrative place for Pharmacists?
Yes, with caveats.Vermont offers a competitive average salary for pharmacists, closely aligning with the national average. However, the higher cost of living in the state means that the real value of this salary is somewhat reduced.
Is Vermont a good place to live for Pharmacists?
The Cost of Living Index in Vermont is 114.9. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Vermont?
Some top paying nearby cities include Burlington-South Burlington, VT ($140,460) and Glens Falls, NY.
How does Vermont's pharmacist salary compare to the national average?
The average annual salary for pharmacists in Vermont is $135,880, which is very close to the national average of $136,140, indicating comparable compensation levels.
What is the job market like for pharmacists in Vermont?
Vermont has a stable job market for pharmacists, with a local workforce of 530 and a Location Quotient of 0.82, suggesting a consistent demand that aligns with the size of the professional pool.
Does the cost of living in Vermont affect pharmacist salaries?
Yes, Vermont's Cost of Living Index is 114.9, meaning expenses are higher than the national average. This higher cost of living slightly reduces the purchasing power of the $135,880 average pharmacist salary.
How many jobs per 1,000 workers are there for pharmacists in Vermont?
There are approximately 1.741 jobs per 1,000 workers for pharmacists in Vermont, reflecting the presence and employment of these professionals within the state's broader labor market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 530 employees in the Vermont area with a job density of 1.741 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Pharmacists Salaries by State
Top Jobs in Vermont
- All Occupations Salary in Vermont
- Office and Administrative Support Occupations Salary in Vermont
- Sales and Related Occupations Salary in Vermont
- Educational Instruction and Library Occupations Salary in Vermont
- Food Preparation and Serving Related Occupations Salary in Vermont
- Management Occupations Salary in Vermont
- Healthcare Practitioners and Technical Occupations Salary in Vermont
- Transportation and Material Moving Occupations Salary in Vermont
- Business and Financial Operations Occupations Salary in Vermont
- Production Occupations Salary in Vermont
- Browse All Jobs in Vermont →
Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Vermont