Average Pharmacists Salary in Virginia Beach-Chesapeake-Norfolk, VA-NC
Pharmacists in the Virginia Beach-Chesapeake-Norfolk, VA-NC metropolitan area earn an average annual salary of $133,630. This figure is slightly below the national average of $136,140, suggesting that while the demand is stable, local market dynamics and cost of living may influence compensation. The specific economic landscape of this region plays a key role in shaping pharmacist remuneration.
Executive Summary
- Average Salary: $133,630 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,470.
- Outlook: The Virginia Beach-Chesapeake-Norfolk area supports a robust workforce of approximately 1,600 Pharmacists. With a Location Quotient of 1.0, the concentration of these professionals mirrors the national average, indicating a steady and consistent demand for their services. The presence of a substantial local workforce suggests a mature and well-established job market for pharmacists in this region.
Salary Overview
The average Pharmacists in Virginia Beach-Chesapeake-Norfolk, VA-NC earns-1.8%below the national average.
$64.2
$2,570
$11,136
Pharmacists Salary Trends (2020-2024)
While specific historical data for this locality is not provided, it is reasonable to assume that pharmacist salaries in Virginia Beach-Chesapeake-Norfolk have experienced gradual growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in pharmaceutical services, and inflation typically contribute to a steady upward trajectory in compensation for skilled healthcare professionals.
Pharmacists Salary Distribution in Virginia Beach-Chesapeake-Norfolk, VA-NC
Salary progression for Pharmacists in Virginia Beach-Chesapeake-Norfolk typically scales significantly with experience. Entry-level positions may start at a lower percentile, but as professionals gain years of practice, develop specialized skills, and take on greater responsibilities, their earning potential increases substantially. The widening gap between entry-level and senior-level salaries reflects clear career advancement opportunities and the value placed on seasoned expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $97,070 | $46.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $100,223 | $48.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $134,930 | $64.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $167,038 | $80.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $161,470 | $77.6 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$133,630
Gross Pay
Real Wage (Purchasing Power)
$133,630
Adjusted for COL (100)
The average annual salary of $133,630 for Pharmacists in Virginia Beach-Chesapeake-Norfolk 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. While the nominal salary is slightly below the national average, the cost of living being at par suggests that the take-home pay effectively maintains its national value.
Job Market Context
1,600
Total Jobs
2.123
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Virginia Beach-Chesapeake-Norfolk, VA-NC has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
A Location Quotient of 1.0 for Pharmacists in Virginia Beach-Chesapeake-Norfolk indicates that the employment concentration of this profession in the area is precisely at the national average. This suggests a balanced job market where the number of pharmacists is neither disproportionately high nor low compared to other occupations nationwide. The market is neither oversaturated nor experiencing a significant shortage, implying a stable environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Richmond, VA Pharmacists Salary | $136,790↑ 2% | 96 mi |
Comparing salaries near Virginia Beach-Chesapeake-Norfolk, VA-NC
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Virginia Beach-Chesapeake-Norfolk, VA-NC?
The median annual salary for a Pharmacists in Virginia Beach-Chesapeake-Norfolk, VA-NC is $133,630. This typically ranges from $97,070 for entry-level positions to $161,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Virginia Beach-Chesapeake-Norfolk, VA-NC is 1.8% lower than the national median of $136,140.
Is Virginia Beach-Chesapeake-Norfolk, VA-NC a lucrative place for Pharmacists?
Yes, it offers competitive compensation relative to the cost of living.Pharmacists in this area earn an average of $133,630, which is close to the national average, and the local cost of living is also at the national average. This alignment ensures that the salary provides a comparable standard of living to other parts of the country.
Is Virginia Beach-Chesapeake-Norfolk, VA-NC a good place to live for Pharmacists?
The Cost of Living Index in Virginia Beach-Chesapeake-Norfolk, VA-NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Virginia Beach-Chesapeake-Norfolk, VA-NC?
Some top paying nearby cities include Richmond, VA ($136,790) and others.
How does the Virginia Beach Pharmacist salary compare to the national average?
The average annual salary for Pharmacists in Virginia Beach-Chesapeake-Norfolk is $133,630, which is slightly lower than the national average of $136,140.
What is the job market like for Pharmacists in Virginia Beach-Chesapeake-Norfolk?
The job market is stable, with a workforce size of 1,600 and a Location Quotient of 1.0, indicating a concentration of pharmacists that matches the national average.
Does the cost of living affect the value of a Pharmacist's salary in this area?
No, the Cost of Living Index is 100, which is the national average. This means the $133,630 salary has the same purchasing power as the national average salary.
How many jobs per 1,000 workers are available for Pharmacists in this region?
There are approximately 2.123 jobs per 1,000 workers for Pharmacists in the Virginia Beach-Chesapeake-Norfolk area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,600 employees in the Virginia Beach-Chesapeake-Norfolk, VA-NC area with a job density of 2.123 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 Virginia Beach-Chesapeake-Norfolk, VA-NC