Average Pharmacists Salary in Waterbury-Shelton, CT
Pharmacists in the Waterbury-Shelton, CT area earn an average annual salary of $132,630. This figure is slightly below the national average of $136,140, suggesting a localized compensation structure influenced by regional economic factors and demand within the Connecticut market. While not exceeding the national benchmark, this salary reflects the critical role pharmacists play in healthcare delivery.
Executive Summary
- Average Salary: $132,630 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $156,630.
- Outlook: The Waterbury-Shelton area supports a dedicated workforce of 290 Pharmacists. With a Location Quotient of 0.85, the concentration of these professionals is slightly below the national average, indicating a stable but not exceptionally concentrated job market. The presence of 1.809 jobs per 1,000 workers suggests a consistent demand for skilled pharmacists within this specific Connecticut region.
Salary Overview
The average Pharmacists in Waterbury-Shelton, CT earns-2.6%below the national average.
$63.8
$2,551
$11,053
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Pharmacists in Waterbury-Shelton, CT, like in most professional fields, have experienced steady growth over the past four years. This upward trend is typically driven by inflation, increasing healthcare demands, and the evolving scope of pharmaceutical services, ensuring that compensation remains competitive within the local and national landscape.
Pharmacists Salary Distribution in Waterbury-Shelton, CT
Salary progression for Pharmacists in Waterbury-Shelton, CT, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills or supervisory roles can command salaries well into the higher percentiles. The widening gap between entry-level and senior-level salaries clearly signifies substantial career progression opportunities and increased earning potential throughout a Pharmacist's career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $105,960 | $50.9 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $99,473 | $47.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $134,710 | $64.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $165,788 | $79.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $156,630 | $75.3 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$132,630
Gross Pay
Real Wage (Purchasing Power)
$132,630
Adjusted for COL (100)
The average annual salary of $132,630 in Waterbury-Shelton, CT, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly in line with the rest of the country, offering a stable financial environment for pharmacists considering relocation or residing in the area.
Job Market Context
290
Total Jobs
1.809
Per 1K Jobs
0.85
Location Quotient
Waterbury-Shelton, CT has 0.85x 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 0.85 for Pharmacists in Waterbury-Shelton, CT, indicates that the profession is slightly less concentrated here compared to the national average. This suggests a balanced job market where demand is present but not overwhelmingly saturated, offering potential opportunities for skilled professionals without intense competition from a disproportionately large pool of local pharmacists.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Connecticut nonmetropolitan area Pharmacists Salary | $134,890↑ 2% | 15 mi |
| New Haven, CT Pharmacists Salary | $132,830↑ 0% | 18 mi |
| Hartford-West Hartford-East Hartford, CT Pharmacists Salary | $132,470↓ 0% | 23 mi |
| Bridgeport-Stamford-Danbury, CT Pharmacists Salary | $143,190↑ 8% | 27 mi |
| Springfield, MA Pharmacists Salary | $125,800↓ 5% | 46 mi |
Comparing salaries near Waterbury-Shelton, CT
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Frequently Asked Questions
How much does a Pharmacists make in Waterbury-Shelton, CT?
The median annual salary for a Pharmacists in Waterbury-Shelton, CT is $132,630. This typically ranges from $105,960 for entry-level positions to $156,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterbury-Shelton, CT is 2.6% lower than the national median of $136,140.
Is Waterbury-Shelton, CT a lucrative place for Pharmacists?
Yes, it offers competitive compensation.Pharmacists in Waterbury-Shelton, CT, earn an average of $132,630, which aligns with the national average cost of living. While slightly below the national salary average, the stable job market and consistent demand make it a financially sound location for the profession.
Is Waterbury-Shelton, CT a good place to live for Pharmacists?
The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterbury-Shelton, CT?
Some top paying nearby cities include Connecticut nonmetropolitan area ($134,890) and New Haven, CT.
How does the Waterbury-Shelton Pharmacist salary compare to the national average?
The average annual salary for Pharmacists in Waterbury-Shelton, CT is $132,630, which is slightly lower than the national average of $136,140.
What is the concentration of Pharmacists in Waterbury-Shelton, CT?
The concentration, measured by the Location Quotient, is 0.85, indicating that the proportion of Pharmacists in the local workforce is slightly less than the national average.
What is the Cost of Living in Waterbury-Shelton, CT?
The Cost of Living Index for Waterbury-Shelton, CT is 100, which is exactly the national average, meaning the purchasing power of the local salary is equivalent to the national standard.
How many Pharmacists are employed in the Waterbury-Shelton, CT area?
There are approximately 290 Pharmacists employed in the Waterbury-Shelton, CT area, representing a stable segment of the local healthcare workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Waterbury-Shelton, CT area with a job density of 1.809 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 Waterbury-Shelton, CT