Average Pharmacy Technicians Salary in Monroe, LA
Pharmacy Technicians in Monroe, LA, earn an average annual salary of $39,290. This figure is notably below the national average of $44,160, suggesting that local market dynamics, such as the cost of labor and demand, play a significant role in compensation within this specific region. While the nominal salary may be lower, it's crucial to consider the local economic context.
Executive Summary
- Average Salary: $39,290 per year.
- Growth Trend: Salaries have shifted 18.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $48,740.
- Outlook: Monroe, LA, supports a local workforce of 340 Pharmacy Technicians, with 3.856 jobs per 1,000 workers. The location quotient of 1.22 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not rapidly expanding, demand for skilled pharmacy technicians within the area.
Salary Overview
The average Pharmacy Technicians in Monroe, LA earns-11.0%below the national average.
$18.9
$756
$3,274
Pharmacy Technicians Salary Trends (2020-2024)
While specific historical data for Monroe, LA is not provided, it is reasonable to assume that, similar to national trends, Pharmacy Technician salaries in the area have experienced gradual growth over the past four years. Factors such as inflation, increasing healthcare demands, and the evolving scope of pharmacy practice likely contribute to a modest upward trajectory in compensation.
Pharmacy Technicians Salary Distribution in Monroe, LA
The salary progression for Pharmacy Technicians in Monroe, LA, typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with several years of experience and specialized skills can command higher salaries. The difference between entry-level and senior-level pay often reflects a significant percentile gap, signifying clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $30,210 | $14.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $29,468 | $14.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $36,820 | $17.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $49,113 | $23.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $48,740 | $23.4 |
Detailed Pharmacy Technicians Market Analysis
Relocation Context
Nominal Salary
$39,290
Gross Pay
Real Wage (Purchasing Power)
$39,290
Adjusted for COL (100)
The average annual salary of $39,290 in Monroe, LA, aligns precisely with the national average cost of living, as indicated by the index of 100. This means that the purchasing power of a Pharmacy Technician's salary in Monroe is equivalent to the national average, offering a balanced financial landscape where take-home pay is neither significantly enhanced nor diminished by local living expenses.
Job Market Context
340
Total Jobs
3.856
Per 1K Jobs
1.22
Location Quotient
With a location quotient of 1.22, Monroe, LA has a slightly higher-than-average concentration of Pharmacy Technicians roles compared to the national norm.
With a location quotient of 1.22, Monroe, LA, demonstrates a concentration of Pharmacy Technicians that is 22% higher than the national average. This suggests a moderately competitive job market where the demand for these professionals is slightly more pronounced than in many other regions, potentially offering more opportunities for those seeking employment in this field.
Nearby Job Markets
Nearby Cities for Pharmacy Technicians
| City | Salary | Dist. |
|---|---|---|
| Alexandria, LA Pharmacy Technicians Salary | $40,860↑ 4% | 88 mi |
| Southwest Louisiana nonmetropolitan area Pharmacy Technicians Salary | $37,540↓ 4% | 94 mi |
| Central Louisiana nonmetropolitan area Pharmacy Technicians Salary | $38,760↓ 1% | 94 mi |
| Northeast Louisiana nonmetropolitan area Pharmacy Technicians Salary | $37,980↓ 3% | 94 mi |
Comparing salaries near Monroe, LA
Hiring Pharmacy Technicianss?
Frequently Asked Questions
How much does a Pharmacy Technicians make in Monroe, LA?
The median annual salary for a Pharmacy Technicians in Monroe, LA is $39,290. This typically ranges from $30,210 for entry-level positions to $48,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, LA is 11.0% lower than the national median of $44,160.
Is Monroe, LA a lucrative place for Pharmacy Technicians?
No, not significantly more lucrative than the national average.While the concentration of jobs is slightly higher, the average salary of $39,290 is below the national average of $44,160, and the cost of living is at the national average, offering no additional purchasing power.
Is Monroe, LA a good place to live for Pharmacy Technicians?
The Cost of Living Index in Monroe, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, LA?
Some top paying nearby cities include Alexandria, LA ($40,860) and Southwest Louisiana nonmetropolitan area.
How does Monroe, LA compare to the national average salary for Pharmacy Technicians?
Pharmacy Technicians in Monroe, LA, earn an average of $39,290 annually, which is approximately $4,870 less than the national average of $44,160.
What is the cost of living in Monroe, LA for Pharmacy Technicians?
The cost of living in Monroe, LA, is exactly at the national average, with an index of 100. This means that the $39,290 salary has the same purchasing power as the national average salary.
Is there a high demand for Pharmacy Technicians in Monroe, LA?
The location quotient of 1.22 indicates a slightly higher concentration of Pharmacy Technicians in Monroe compared to the national average, suggesting a stable demand for these roles.
How many Pharmacy Technicians are employed in Monroe, LA?
Monroe, LA, has a total local workforce of 340 Pharmacy Technicians, with 3.856 jobs per 1,000 workers in the area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Monroe, LA area with a job density of 3.856 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Pharmacy Technicians • Data source: BLS OEWS 2024 •Jobs in Monroe, LA