Average Pharmacists Salary in Wyoming
Pharmacists in Wyoming earn an impressive average annual salary of $138,330, slightly surpassing the national average of $136,140. This competitive compensation in Wyoming can be attributed to a combination of factors, including the state's unique economic landscape and the specialized demand for healthcare professionals in its communities.
Executive Summary
- Average Salary: $138,330 per year.
- Growth Trend: Salaries have shifted 11.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,250.
- Outlook: With a local workforce of 520 Pharmacists and a Location Quotient of 0.87, Wyoming presents a stable yet slightly less concentrated job market compared to national averages. This indicates a consistent demand for skilled pharmacists, suggesting a robust employment outlook for those entering or established in the field within the state.
Salary Overview
The average Pharmacists in Wyoming earns+1.6%above the national average.
$66.5
$2,660
$11,528
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that pharmacist salaries in Wyoming have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, evolving pharmaceutical practices, and inflation likely contribute to this upward trajectory, ensuring that compensation remains competitive.
Pharmacists Salary Distribution in Wyoming
The salary progression for Pharmacists in Wyoming, as in most regions, typically sees a significant increase from entry-level to senior positions. While specific percentile data isn't available, the gap between starting salaries and those earned by highly experienced professionals often represents substantial career growth and increased responsibility, reflecting a well-defined path for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $111,990 | $53.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $103,748 | $49.9 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $137,470 | $66.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $172,913 | $83.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $164,250 | $79 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$138,330
Gross Pay
Real Wage (Purchasing Power)
$149,063
Adjusted for COL (92.8)
The average annual salary of $138,330 in Wyoming offers considerable purchasing power, especially when contrasted with the state's Cost of Living Index of 92.8, which is below the national average of 100. This means that the nominal salary translates into a higher effective income, allowing residents to enjoy a better standard of living compared to many other states.
Job Market Context
520
Total Jobs
1.865
Per 1K Jobs
0.87
Location Quotient
Wyoming has 0.87x 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.
Wyoming's Location Quotient of 0.87 suggests that the concentration of Pharmacists is slightly below the national average. This indicates that while the profession is well-established, the market is not oversaturated, potentially leading to good opportunities for qualified individuals seeking employment and offering a degree of job security.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Casper, WY Pharmacists Salary | $133,570↓ 3% | 50 mi |
Comparing salaries near Wyoming
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Frequently Asked Questions
How much does a Pharmacists make in Wyoming?
The median annual salary for a Pharmacists in Wyoming is $138,330. This typically ranges from $111,990 for entry-level positions to $164,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wyoming is 1.6% higher than the national median of $136,140.
Is Wyoming a lucrative place for Pharmacists?
Yes, Wyoming offers a lucrative environment for Pharmacists.Pharmacists in Wyoming earn above the national average salary, and the lower cost of living further enhances their effective income and financial well-being.
Is Wyoming a good place to live for Pharmacists?
With a Cost of Living Index of 92.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Wyoming?
Some top paying nearby cities include Casper, WY ($133,570) and others.
How does Wyoming's pharmacist salary compare to the national average?
Pharmacists in Wyoming earn an average of $138,330 annually, which is slightly higher than the national average of $136,140.
What is the cost of living in Wyoming compared to the rest of the US?
Wyoming's Cost of Living Index is 92.8, meaning it is approximately 7.2% cheaper to live in Wyoming than the national average (indexed at 100).
Is the job market for pharmacists strong in Wyoming?
With a Location Quotient of 0.87, the market is stable and shows consistent demand, though slightly less concentrated than the national average, indicating good opportunities.
How many pharmacists are there in Wyoming?
There are approximately 520 pharmacists employed in Wyoming, representing 1.865 jobs per 1,000 workers in the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the Wyoming area with a job density of 1.865 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 Wyoming