SalaryNode

Average Pharmacists Salary in West Tennessee nonmetropolitan area

Pharmacists in the West Tennessee nonmetropolitan area can expect an average annual salary of $123,900. This figure is slightly below the national average of $136,140, suggesting that while the demand is present, regional economic factors and the specific healthcare landscape likely influence compensation levels. The concentration of pharmacists in this area, however, indicates a stable, albeit not exceptionally high-paying, market.

Executive Summary

  • Average Salary: $123,900 per year.
  • Growth Trend: Salaries have shifted 3.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $156,080.
  • Outlook: The West Tennessee nonmetropolitan area supports a local workforce of 260 pharmacists, with a jobs-per-1,000-workers ratio of 2.216. The Location Quotient of 1.04 signifies a concentration of pharmacists that is slightly above the national average, indicating a healthy and stable demand for these professionals within the region. This suggests a robust job market where opportunities are consistently available for skilled pharmacists.
2024 Market Data

Salary Overview

$123,900

The average Pharmacists in West Tennessee nonmetropolitan area earns-9.0%below the national average.

BreakdownBased on 40h/week
Hourly

$59.6

Weekly

$2,383

Monthly

$10,325

Pharmacists Salary Distribution in West Tennessee nonmetropolitan area

Salary progression for pharmacists in West Tennessee nonmetropolitan areas typically scales with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills or supervisory roles can achieve significantly higher earnings. The percentile gaps between junior and senior pharmacists underscore the clear career progression pathways available, rewarding accumulated knowledge and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$96,500$46.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$92,925$44.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$126,610$60.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$154,875$74.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$156,080$75

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$123,900

Gross Pay

Real Wage (Purchasing Power)

$123,900

Adjusted for COL (100)

With an average annual salary of $123,900 and a Cost of Living Index at the national average of 100, the nominal salary in West Tennessee nonmetropolitan areas offers purchasing power equivalent to the national standard. This means that the salary earned will provide a comparable lifestyle to what one might expect in a typical U.S. location, without the added financial strain of a higher cost of living.

Job Market Context

260

Total Jobs

2.216

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, West Tennessee nonmetropolitan area has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

The Location Quotient of 1.04 for pharmacists in West Tennessee nonmetropolitan areas indicates a job market that is slightly more concentrated than the national average. This suggests a competitive yet stable environment, where the demand for pharmacists is robust and aligns closely with the national distribution. While not a market with an overwhelming surplus of jobs, it offers consistent opportunities for qualified individuals.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near West Tennessee nonmetropolitan area

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in West Tennessee nonmetropolitan area?

The median annual salary for a Pharmacists in West Tennessee nonmetropolitan area is $123,900. This typically ranges from $96,500 for entry-level positions to $156,080 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Tennessee nonmetropolitan area is 9.0% lower than the national median of $136,140.

Is West Tennessee nonmetropolitan area a lucrative place for Pharmacists?

Yes, it offers competitive compensation relative to its cost of living.Pharmacists earn an average of $123,900, which aligns with the national cost of living index. The slightly above-average concentration of pharmacists suggests stable demand for the role.

Is West Tennessee nonmetropolitan area a good place to live for Pharmacists?

The Cost of Living Index in West Tennessee nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near West Tennessee nonmetropolitan area?

Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($127,320) and Clarksville, TN-KY.

How does the West Tennessee pharmacist salary compare to the national average?

The average annual salary for pharmacists in West Tennessee nonmetropolitan areas is $123,900, which is approximately 8.9% lower than the national average of $136,140.

What is the Cost of Living in West Tennessee nonmetropolitan areas?

The Cost of Living Index in West Tennessee nonmetropolitan areas is 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the United States.

How concentrated is the pharmacist job market in West Tennessee nonmetropolitan areas?

The Location Quotient of 1.04 indicates that the concentration of pharmacists in this region is slightly higher than the national average, suggesting a healthy and stable job market.

What does the number of jobs per 1,000 workers signify for pharmacists in this region?

With 2.216 jobs per 1,000 workers, the region shows a solid presence of pharmacist roles relative to its overall workforce, indicating consistent employment opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the West Tennessee nonmetropolitan area area with a job density of 2.216 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.