Average Pharmacy Technicians Salary in Southern Indiana nonmetropolitan area
Pharmacy Technicians in Southern Indiana's nonmetropolitan areas can expect an average annual salary of $39,550. This figure is notably below the national average of $44,160, reflecting the economic dynamics and potentially lower demand often found in nonmetropolitan regions compared to larger urban centers. The specific pay scale in this area is influenced by local market conditions and the concentration of healthcare facilities.
Executive Summary
- Average Salary: $39,550 per year.
- Growth Trend: Salaries have shifted 20.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,440.
- Outlook: The job market for Pharmacy Technicians in this Southern Indiana nonmetropolitan area appears stable, with a total local workforce of 670 individuals. The Location Quotient of 1.07 suggests a slightly higher concentration of these roles compared to the national average, indicating a steady, albeit not booming, demand for skilled technicians within the region.
Salary Overview
The average Pharmacy Technicians in Southern Indiana nonmetropolitan area earns-10.4%below the national average.
$19
$761
$3,296
Pharmacy Technicians Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area isn't provided, it's reasonable to assume that salaries for Pharmacy Technicians have seen gradual growth over the past four years, mirroring national trends. This growth is typically driven by increasing healthcare needs, inflation, and the expanding scope of pharmacy services, which generally leads to modest annual salary increases.
Pharmacy Technicians Salary Distribution in Southern Indiana nonmetropolitan area
Career progression for Pharmacy Technicians in Southern Indiana nonmetropolitan areas typically involves salary increases with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior technicians with specialized skills or supervisory responsibilities can command higher salaries. The percentile gaps in earnings signify clear opportunities for advancement and increased earning potential as one gains more experience and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $35,020 | $16.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $29,663 | $14.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $36,830 | $17.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $49,438 | $23.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $47,440 | $22.8 |
Detailed Pharmacy Technicians Market Analysis
Relocation Context
Nominal Salary
$39,550
Gross Pay
Real Wage (Purchasing Power)
$39,550
Adjusted for COL (100)
The nominal average annual salary of $39,550 in Southern Indiana's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national average, suggesting that the lower salary is balanced by lower expenses.
Job Market Context
670
Total Jobs
3.392
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Southern Indiana nonmetropolitan area has a slightly higher-than-average concentration of Pharmacy Technicians roles compared to the national norm.
With a Location Quotient of 1.07, Southern Indiana's nonmetropolitan area shows a slightly higher concentration of Pharmacy Technicians than the national average. This indicates a market where the profession is well-established and perhaps slightly more in demand relative to the general workforce, though not to a degree that would drastically inflate salaries above the regional average.
Nearby Job Markets
Nearby Cities for Pharmacy Technicians
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Pharmacy Technicians Salary | $42,790↑ 8% | 8 mi |
| Kokomo, IN Pharmacy Technicians Salary | $42,100↑ 6% | 43 mi |
| Columbus, IN Pharmacy Technicians Salary | $39,650↑ 0% | 48 mi |
| Bloomington, IN Pharmacy Technicians Salary | $40,090↑ 1% | 49 mi |
| Lafayette-West Lafayette, IN Pharmacy Technicians Salary | $41,720↑ 5% | 50 mi |
Comparing salaries near Southern Indiana nonmetropolitan area
Hiring Pharmacy Technicianss?
Frequently Asked Questions
How much does a Pharmacy Technicians make in Southern Indiana nonmetropolitan area?
The median annual salary for a Pharmacy Technicians in Southern Indiana nonmetropolitan area is $39,550. This typically ranges from $35,020 for entry-level positions to $47,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Indiana nonmetropolitan area is 10.4% lower than the national median of $44,160.
Is Southern Indiana nonmetropolitan area a lucrative place for Pharmacy Technicianss?
No, it is not considered particularly lucrative compared to national averages.The average salary of $39,550 is below the national average, although the cost of living is also at the national average, mitigating some of the difference.
Is Southern Indiana nonmetropolitan area a good place to live for Pharmacy Technicians?
The Cost of Living Index in Southern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($42,790) and Kokomo, IN.
How does the local workforce size affect Pharmacy Technician jobs?
A local workforce of 670 Pharmacy Technicians suggests a moderate-sized market. While not as large as metropolitan areas, it indicates a consistent need for these professionals within the community's healthcare infrastructure.
What does a Location Quotient of 1.07 mean for Pharmacy Technicians?
A Location Quotient of 1.07 signifies that Pharmacy Technicians are slightly more concentrated in this Southern Indiana nonmetropolitan area than the national average. This suggests a stable demand for the role within the region's specific economic landscape.
How does the Cost of Living Index impact the $39,550 salary?
With a Cost of Living Index of 100 (matching the national average), the $39,550 salary offers purchasing power equivalent to the national average. This means that while the nominal pay is lower, the expenses are also comparable, making the salary's real value align with national standards.
What are the career growth prospects for Pharmacy Technicians in this area?
Career growth is typically tied to experience and specialization. As technicians gain more experience, they can expect their salaries to increase from entry-level positions towards senior roles, reflecting their enhanced skills and responsibilities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 670 employees in the Southern Indiana nonmetropolitan area area with a job density of 3.392 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 Southern Indiana nonmetropolitan area