Median Salary
$50,674
Above National Avg
Hourly Wage
$24.36
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Here is a comprehensive career guide for Pharmacists considering Meadow Lakes CDP, Alaska.
Career Guide for Pharmacists in Meadow Lakes CDP, Alaska
Meadow Lakes CDP (Census Designated Place) isn't your typical city. Located in the Matanuska-Susitna Valley, about 45 miles northeast of downtown Anchorage, it functions as a bedroom community for Alaska's largest metro area. The vibe here is rugged, suburban, and deeply connected to the outdoors. For a pharmacist, moving here means trading the fast-paced corporate pharmacy chains of major cities for a role that often blends clinical duties with a close-knit community feel. The cost of living is slightly above the national average, but the median salary for pharmacists is robust, offering a solid financial floor if you can manage the unique Alaskan logistics.
This guide breaks down what itโs really like to work as a pharmacist in Meadow Lakes, from your paycheck after rent to the specific clinics and hospitals where you can hang your lab coat.
The Salary Picture: Where Meadow Lakes CDP Stands
The pharmacy job market in the Mat-Su Valley is niche but stable. While there are only 17 jobs specifically categorized for pharmacists in the metro area, the pay is competitive, especially when considering the state's overall economy. The median salary for a pharmacist in this area is $137,866/year, which translates to an hourly rate of $66.28/hour. This is slightly above the national average of $136,030/year, a direct reflection of Alaska's higher cost of goods and services.
The 10-year job growth projection for this region is -3%. This isn't necessarily a red flag; it indicates a mature, stable market rather than a booming one. It suggests that positions are primarily filled by replacement rather than expansion, meaning you'll need to be proactive and often have experience to land a role.
Experience-Level Breakdown
Salaries can vary significantly based on your credentials and years in the field. Hereโs a realistic breakdown for the Meadow Lakes/Anchorage metro area:
| Experience Level | Estimated Annual Salary Range | Typical Roles |
|---|---|---|
| Entry-Level (0-2 yrs) | $115,000 - $128,000 | Staff Pharmacist (Retail, Hospital) |
| Mid-Career (3-7 yrs) | $128,000 - $142,000 | Clinical Pharmacist, Pharmacy Manager |
| Senior (8-15 yrs) | $142,000 - $155,000+ | Clinical Pharmacy Specialist, Director of Pharmacy |
| Expert/Managerial (15+ yrs) | $155,000 - $170,000+ | Pharmacy Administrator, System Director |
Comparison to Other Alaskan Cities
Meadow Lakes serves as a satellite to Anchorage, so its salary trends closely mirror the larger metro. However, cost of living differences can impact your real take-home pay.
| City | Median Salary | Cost of Living Index (US Avg=100) | Notes |
|---|---|---|---|
| Meadow Lakes CDP | $137,866 | 104.5 | Direct access to Anchorage employers with a suburban lifestyle. |
| Anchorage Metro | $137,866 | ~110 | Higher rents and goods; more job openings. |
| Fairbanks | $135,500 | ~108 | Colder, more remote, with Fairbanks Memorial Hospital as a major employer. |
| Juneau | $133,200 | ~115 | Isolated, state capital jobs, higher cost due to limited supply chains. |
Insider Tip: Don't just look at the salary number. A $137,866 salary in Meadow Lakes often goes further than the same salary in downtown Anchorage because you can find slightly more affordable housing (though still expensive) and avoid daily downtown traffic.
๐ Compensation Analysis
๐ Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
๐ฐ Monthly Budget
๐ Snapshot
The Real Take-Home: After Taxes and Rent
Letโs get down to numbers. With a median salary of $137,866, your monthly gross pay is approximately $11,489. After federal, state (Alaska has no state income tax), and FICA taxes, your take-home pay is roughly $8,500 - $9,000 per month, depending on your withholdings and benefits.
The average 1BR rent in Meadow Lakes is $1,306/month. This is a key figureโit's manageable on a pharmacist's salary but represents a significant portion of your budget.
Monthly Budget Breakdown (Single Earner, No Dependents)
This is a realistic snapshot for a mid-career pharmacist earning the median salary.
| Category | Estimated Monthly Cost | Notes |
|---|---|---|
| Net Income | $8,750 | After taxes & deductions. |
| Rent (1BR) | $1,306 | Average for Meadow Lakes CDP. |
| Utilities | $300 | High due to heating costs in winter. |
| Groceries | $600 | Food is expensive in Alaska; shipping adds cost. |
| Transportation | $500 | Car is essential; includes gas, insurance, maintenance. |
| Health Insurance | $300 | Employer-sponsored plan. |
| Student Loans | $500 | Varies; national average for pharmacists. |
| Retirement Savings | $1,500 | 15% of pre-tax income. |
| Miscellaneous | $1,244 | Entertainment, clothing, savings buffer. |
| Total Expenses | $6,250 | |
| Remaining Cash | $2,500 | For travel, emergency fund, or extra savings. |
Can They Afford to Buy a Home?
Yes, but with caveats. The median home price in the Mat-Su Valley is approximately $350,000 - $400,000. With a $137,866 salary, you can comfortably afford a mortgage in this range. A 20% down payment on a $375,000 home is $75,000, which is a significant upfront cost but achievable with savings from a few years of work. The bigger challenge isn't the mortgageโit's finding inventory and navigating the Alaskan housing market, which can be competitive, especially for properties with good insulation and modern heating systems.
Where the Jobs Are: Meadow Lakes CDP's Major Employers
Jobs in Meadow Lakes itself are limited. Most pharmacists commute to nearby hubs like Wasilla, Palmer, or Anchorage. The employers here are a mix of large chains and regional healthcare systems.
- Mat-Su Regional Medical Center (Palmer): The largest hospital in the Valley. They have a full pharmacy department for inpatient care. They often hire clinical pharmacists specializing in critical care, oncology, or general medicine. This is a prime spot for hospital pharmacists wanting to avoid the Anchorage commute.
- Providence Alaska Medical Center (Anchorage): A 30-40 minute drive from Meadow Lakes. This is Alaska's largest hospital and a major pharmacy employer. They offer diverse specialties and residency programs. Hiring is competitive but frequent due to the size of the facility.
- Walmart Pharmacy (Wasilla/Palmer): Several Walmart Supercenters in the Mat-Su Valley have pharmacies. These are reliable, steady jobs with standard retail hours. They often serve as entry points for pharmacists new to Alaska.
- CVS Pharmacy (Anchorage & Wasilla): CVS has a strong presence in the Anchorage metro. They offer structured career paths and opportunities for management. The Wasilla location is a common commute for Meadow Lakes residents.
- Alaska Native Medical Center (ANMC - Anchorage): Part of the Southcentral Foundation, ANMC serves the Alaska Native and Indian Health Service population. It offers competitive pay, excellent benefits, and a unique cultural focus. Pharmacists here often have roles in ambulatory care and specialty clinics.
- Bartlett Regional Hospital (Juneau): While not in Meadow Lakes, this is a major employer in the state. Some pharmacists use Meadow Lakes as a base for a few years before moving to other Alaskan regions. It's worth noting for long-term state-wide career planning.
- Independent & Compounding Pharmacies: There are a few smaller, independent pharmacies in the Mat-Su Valley (e.g., in Palmer or Wasilla) that offer a more personalized work environment. These can be harder to find but provide a great community feel.
Hiring Trends: The trend is toward clinical and hospital roles. Retail positions are stable but often filled quickly. Networking is key; many jobs are posted locally on the Alaska State Hospital and Nursing Home Association (ASHNHA) website or through word-of-mouth.
Getting Licensed in AK
Alaska's licensing process is managed by the Alaska State Board of Pharmacy. It's straightforward but requires attention to detail.
- Education: Must be a graduate of a ACPE-accredited pharmacy school (Pharm.D.).
- Exams: Pass the North American Pharmacist Licensure Examination (NAPLEX) and the Multistate Pharmacy Jurisprudence Examination (MPJE) for Alaska.
- Intern Hours: Complete the required internship hours (typically 1,500 hours) as an intern pharmacist under a preceptor.
- Application & Fees: Submit an application to the Alaska Board. Fees are approximately $200 for the application and $250 for the initial license. There is also a fingerprinting fee.
- Timeline: The process can take 3-6 months from application to license in hand, assuming all exams are passed and paperwork is in order. It's best to start the process 6 months before your planned move.
Insider Tip: Alaska is part of the NABPโs licensure transfer program (for pharmacists licensed in other states for 5+ years). If you're an experienced pharmacist, check if you qualify for a more streamlined reciprocity process.
Best Neighborhoods for Pharmacists
Living in Meadow Lakes means you'll likely commute. Here are the best areas to consider, balancing commute, lifestyle, and cost.
| Neighborhood | Commute to Major Employers | Lifestyle | Estimated Rent (1BR) |
|---|---|---|---|
| Meadow Lakes CDP | 35-45 min to Anchorage; 20 min to Wasilla/Palmer | Quiet, suburban, large lots, near Parks Hwy. | $1,300 - $1,450 |
| Wasilla | 20-30 min to Anchorage; 10-15 min to local employers | More amenities, bigger retail hubs, busier. | $1,200 - $1,350 |
| Palmer | 45 min to Anchorage; 10 min to Mat-Su Regional | "The Heart of the Valley," historic, slightly more urban feel. | $1,250 - $1,400 |
| Eagle River (Anchorage) | 15-20 min to Anchorage hospitals; 60 min to Wasilla | Anchorage suburb, mountain views, excellent schools. | $1,400 - $1,600 |
| North Anchorage (Muldoon/Dept. of Trans.) | 10-15 min to Providence/ANMC | Urban, diverse, close to work, fewer amenities. | $1,350 - $1,500 |
Recommendation: For a pharmacist who wants the Meadow Lakes lifestyle but needs frequent access to Anchorage hospitals, living in Eagle River is a strong compromise. If your job is at Mat-Su Regional, Palmer is ideal.
The Long Game: Career Growth
The 10-year outlook shows a -3% job growth, but that doesn't mean your career will stagnate. Growth here is vertical and through specialization.
- Specialty Premiums: In Alaska, pharmacists with certifications in Oncology, Critical Care, or Infectious Diseases can command salaries $10,000 - $20,000 above the median. These roles are primarily in Anchorage hospitals.
- Advancement Paths: The typical path is Staff Pharmacist -> Clinical Pharmacist -> Pharmacy Manager -> Director of Pharmacy. The jump to director often requires an MBA or MHA and comes with a significant pay increase ($160,000+).
- Telepharmacy: A growing field in Alaska, especially for remote clinics. Pharmacists can work from a central hub (like Meadow Lakes) to oversee medication dispensing in rural villages. This is a future-proof career path.
10-Year Outlook: While the job count may not grow, the demand for experienced, specialized pharmacists will remain high due to retirements and the need for clinical expertise in managing complex patient populations in the state. Your career growth will depend more on acquiring certifications and leadership skills than on a booming job market.
The Verdict: Is Meadow Lakes CDP Right for You?
Meadow Lakes CDP is not for every pharmacist. It's for those who value space, a connection to nature, and a slower pace of life, and are willing to commute for work. The financial package is solid, but the lifestyle adjustment is real.
Pros and Cons
| Pros | Cons |
|---|---|
| Salary above the national average. | -3% job growth means stable but not expansive market. |
| No state income tax. | Car is mandatory; public transit is limited. |
| Access to outdoor recreation (hiking, fishing, skiing) minutes from home. | Winters are long, dark, and can be isolating for newcomers. |
| Lower population density than major cities. | Limited local amenities; you'll drive to Wasilla or Anchorage for shopping/dining. |
| Strong sense of community in the Mat-Su Valley. | Housing inventory is limited; buying a home takes time and effort. |
| Proximity to Anchorage for advanced medical care and career opportunities. | Higher cost of living for goods (food, shipping) and utilities. |
Final Recommendation
Consider moving to Meadow Lakes CDP if: You are an experienced pharmacist (5+ years) with a specialty, you love the outdoors and don't mind winter, you value a suburban/rural home life, and you have a job offer at Mat-Su Regional or are willing to commute to Anchorage. The financial math works, and the lifestyle can be rewarding for the right person.
Think twice if: You are a new graduate needing a fast-paced, diverse job market to build experience. You rely on public transportation or walkable amenities. You are sensitive to extreme cold and long periods of darkness. In these cases, Anchorage itself might be a better initial landing spot.
FAQs
Q: Is it hard to find a pharmacist job in Meadow Lakes?
A: Yes, directly in the CDP, it's very limited. The key is to look at the broader Mat-Su Valley (Wasilla, Palmer) or the Anchorage metro. Most pharmacists living in Meadow Lakes commute.
Q: How do winters affect a pharmacist's work life?
A: Your work schedule is largely unaffected; hospitals and pharmacies stay open. Your commute, however, requires a reliable vehicle with good tires and winter survival gear (blanket, shovel, etc.). Roads are plowed, but icy conditions are common from October to April.
Q: What's the best part about being a pharmacist in Alaska?
A: Many pharmacists cite the unique patient population and the collaborative, team-based environment in hospitals. You also have access to incredible outdoor recreation right outside your door, which is a huge factor in work-life balance.
Q: Do I need a car?
A: Absolutely. There is no viable public transportation system between Meadow Lakes and Anchorage or other major employment centers. A car is a non-negotiable necessity.
Q: How does the cost of living affect my salary?
A: With a Cost of Living Index of 104.5, your $137,866 salary is slightly less powerful than the same salary in a US-average city. However, the lack of state income tax and the higher median salary help offset this, making it a financially viable option.
Sources: U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics, Alaska State Board of Pharmacy, Zillow Rental Data, BestPlaces.net Cost of Living Index, ASHNHA.
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