Pharmacist Hourly Pay in Southaven, MS: $58.16 (2026)
Quick Answer:Hourly pay for a pharmacist working in Southaven, MS runs $58.16 at the median for 2026 — annualizing to $120,966 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-1051). Weighted against Southaven's regional price level (BEA RPP 85.7, 14% below national), each hour of work buys what $67.86 nationally would. A 24-hour part-time schedule grosses $72,578 per year.
Based on BLS state-level estimates · View source
In Southaven, Mississippi, the pharmacist hourly pay stands at a median of $58.16, which is noticeably lower than the national hourly median of $68.99. This disparity highlights the local economic conditions and the cost of living index, which is below the national average. For pharmacists working part-time, typically on a schedule of three days per week, this hourly rate translates to significant earning potential, especially in retail pharmacy settings and hospitals. The hourly rates range from $42.92 for entry-level positions to $69.03 for top earners, emphasizing the opportunities available in various practice environments such as retail counters, inpatient pharmacies, and specialty settings. These figures are derived from annual salary estimates and reflect how the market currently values pharmacists in the region.
About the Southaven Market
Salary estimated from Mississippi average ($122,000) adjusted for local cost of living.
Pharmacist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $42.92 | $343.37 |
| Lower Range (P25) | $54.42 | $435.34 |
| Median (P50) | $58.16 | $465.24 |
| Upper Range (P75) | $65.32 | $522.59 |
| Top Earners (P90) | $69.03 | $552.24 |
Estimated Annual Income by Work Schedule in Southaven
Based on $58.16/hr median hourly rate · 2026 est.
At $58.16/hr, a pharmacist working full-time (40 hr/wk) in Southaven, MS can expect to earn approximately $120,963 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $69,786. With a cost-of-living index of 85.70 (below the national average), these earnings stretch further in Southaven.
Hourly Rate Calculator
Schedule Comparison in Southaven
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,326.20 | $10,080 | $120,963 |
| Part-Time (24 hrs) | $1,395.72 | $6,048 | $72,578 |
| Per Diem (16 hrs) | $930.48 | $4,032 | $48,385 |
Compare PharmD Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Pharmacist (Southaven) | $58.16 |
| Pharmacy Technician (National Avg) | $19.27 |
| Registered Nurse (National Avg) | $42.80 |
| Physician Assistant (National Avg) | $63.17 |
| Nurse Practitioner (National Avg) | $60.81 |
Pharmacists in Southaven, MS earn a median of $120,966 per year (2026 est.), which is 15.70% lower than the national median of $143,489 and 1.60% below the Mississippi state average of $122,933.
Pharmacist Hourly Pay vs. Cost of Living
Working 24h/week at $58.16/hr = $72,578/year (purchasing power: $84,688).
Working 40h/week (full-time) = $120,963/year (purchasing power: $141,147).
CoL index: 85.7 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$51.91/hr
2025 BLS Actual
$57.11/hr
2026 Current Est.
$58.16/hr
2019–2027 Growth
+14.1%
Hourly Rate Trajectory for Pharmacists in Southaven (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $51.91/hr | Actual |
| 2020 | $52.17/hr | Actual |
| 2021 | $52.11/hr | Actual |
| 2022 | $53.80/hr | Actual |
| 2023 | $55.13/hr | Actual |
| 2024 | $49.45/hr | Actual |
| 2025 | $57.11/hr | Actual |
| 2026(current) | $58.16/hr | Estimated |
| 2027 | $59.22/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for pharmacists in Southaven grew 10.0% from $51.91/hr (2019) to $57.11/hr (2025). At a 1.83% projected growth rate, hourly pay is expected to reach $59.22/hr by 2027. Part-time and per-diem pharmacists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Southaven metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.83% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Pharmacist in Southaven
Analysis of part-time and per-diem pharmacy roles reveals intriguing financial dynamics for pharmacists in Southaven. A pharmacist working 24 hours per week could expect to take home around $72,290 annually, which reflects the local demand amidst a contracting retail pharmacy market. Per diem pharmacists in retail often command rates between $55 to $75 per hour, depending on the specific needs of employers like CVS and Walgreens. Hospital and specialty pharmacy roles might offer even higher rates, up to $95 per hour in critical care settings. Additionally, compensation differs radically depending on the employer type, illustrating a trade-off between health benefits and higher hourly wages. Those seeking better pay might gravitate toward positions with no benefits in exchange for higher hourly rates. In this competitive landscape, pharmacists in Southaven can benefit from focusing on their negotiation skills, particularly when weighing offers that align with their professional aspirations and lifestyle needs.
More salary data for Southaven, MS:
Frequently Asked Questions
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Written by Sofia Chen, PharmD
Career Analyst
Sofia Chen has 10 years of experience in community pharmacy. She specializes in medication therapy management.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 1.83% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for pharmacists in Southaven. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Southaven is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.83%, derived from historical BLS wage trends for pharmacists (SOC 29-1051).
Compiled and verified by Sofia Chen, PharmD, a licensed pharmacist with 10+ years of clinical experience. · View source data at BLS.gov