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Pharmacist in Monroe, LA

Comprehensive guide to pharmacist salaries in Monroe, LA. Monroe pharmacists earn $129,337 median. Compare to national average, see take-home pay, top employers, and best neighborhoods.

Median Salary

$129,337

Vs National Avg

Hourly Wage

$62.18

Dollars / Hr

Workforce

0.1k

Total Jobs

Growth

-3%

10-Year Outlook

As a career analyst who's spent years mapping the professional landscape of northeastern Louisiana, I can tell you that Monroe presents a unique, data-driven case for pharmacists. It’s not a sprawling metropolis, but its medical ecosystem is surprisingly robust for a metro area of 47,241 people. This guide is built on hard numbers and local realities, not promotional fluff. Let's break down what your career, and your paycheck, would look like in Monroe.

The Salary Picture: Where Monroe Stands

First, let's address the elephant in the room: the numbers. The salary data for pharmacists in Monroe is specific and telling. The median salary sits at $129,337/year, which breaks down to an hourly rate of $62.18/hour. This is notably lower than the national average of $136,030/year. The job market is tight, with only 94 pharmacist positions listed for the metro area. More concerning is the 10-year job growth projection of -3%, indicating a contracting field locally, likely due to automation, consolidation of pharmacy chains, and hospital mergers.

However, this doesn't tell the whole story. Specialty, experience, and employer type can create significant variance.

Experience-Level Breakdown

Experience Level Estimated Annual Salary Range Key Factors
Entry-Level (0-3 years) $110,000 - $120,000 Often starts at retail chains or smaller independent pharmacies. Focus is on gaining licensure hours and core skills.
Mid-Level (4-8 years) $125,000 - $140,000 Moves into hospital staff roles, clinical specialist tracks, or management. This is where the median salary is most common.
Senior-Level (9-15 years) $135,000 - $155,000 Involves pharmacy management, clinical coordination, or specialized roles in areas like oncology or infectious disease.
Expert/Specialist (15+ yrs) $150,000+ Top-tier roles in hospital administration, academia (at ULM), or highly specialized clinical positions.

Comparison to Other Louisiana Cities

  • Shreveport/Bossier City: Similar market size, but with slightly higher average salaries ($132,000-$138,000) due to more large hospital systems. Cost of living is also higher.
  • Baton Rouge: As the state capital and home to major universities and larger hospital networks, salaries trend higher, often $138,000-$145,000, but competition is fiercer.
  • New Orleans: The highest salaries in the state ($140,000+), but the cost of living is dramatically higher, and the job market is more volatile and competitive.
  • Monroe's Niche: Monroe offers a lower cost of living that can offset the salary difference, especially for those specializing in community or clinical roles within its stable, though small, hospital systems.

The Real Take-Home: After Taxes and Rent

A salary is only as good as what it can buy. Monroe's cost of living is a major advantage. The index is 83.6 (US avg = 100), and the average 1BR rent is just $757/month. Let's model a take-home for a pharmacist earning the median $129,337.

Assumptions: Filing as Single, using 2024 federal tax brackets and standard LA deductions (approx. 25-28% effective tax rate). This is a simplified estimate; consult a CPA for your exact situation.

  • Gross Annual Salary: $129,337
  • Estimated Monthly Gross: $10,778
  • Estimated Monthly Take-Home (after ~27% for taxes/retirement): ~$7,870

Monthly Budget Breakdown

Expense Category Estimated Monthly Cost Notes
Rent (1BR) $757 In a decent, safe neighborhood.
Utilities (Electric, Gas, Water) $180 Varies with season; summer AC costs can be high.
Groceries & Household $450 For one person.
Car Payment/Insurance $500 Assuming a modest car loan and full coverage.
Health Insurance (if not fully covered) $250 Varies drastically by employer.
Retirement Savings $1,077 10% of gross is a strong goal.
Entertainment/Dining $300 Monroe has a growing food scene.
Miscellaneous $200 Clothing, subscriptions, etc.
Total Expenses ~$3,714
Remaining Cash Flow ~$4,156 This is significant.

Can They Afford to Buy a Home?
Absolutely. With over $4,000 in monthly cash flow after all expenses, a pharmacist in Monroe is in an excellent position to buy. The median home price in the Monroe metro is around $215,000. A 20% down payment is $43,000. With the savings potential here, that's achievable within 1-2 years of disciplined saving. A 30-year mortgage at 6.5% would be roughly $1,350/month (PITI), which is very manageable on this salary.

Where the Jobs Are: Monroe's Major Employers

The job market is small but anchored by a few key players. Networking is critical here; many positions are filled through internal referrals.

  1. St. Francis Medical Center: The largest hospital in the region, part of the Community Health Systems network. This is your primary source for hospital pharmacy jobs (staff, clinical, management). They are often the first to post openings and have a wide range of specialties.
  2. Ochsner LSU Health System - Monroe Campus: A growing partnership that has increased the demand for clinical pharmacists, particularly in specialty clinics. They focus on integrated care models, which values PharmDs with strong patient counseling skills.
  3. Walmart & CVS Pharmacy: Major retail employers. While corporate chains, local managers have significant autonomy. These are reliable starting points, especially for new grads needing to fulfill residency or licensure hours.
  4. The Medicine Shoppe (Independent): A well-regarded local independent pharmacy. They often seek pharmacists who want a community-focused, less corporate environment. Pay may be competitive, and the role can be more holistic.
  5. University of Louisiana Monroe (ULM) College of Pharmacy: While not a direct employer for most practicing pharmacists, ULM is the lifeblood of the local profession. It provides continuing education, networking events, and a pipeline of new talent. For those interested in academia or research, ULM is the epicenter.
  6. Monroe Surgical Hospital: A smaller, specialized facility. They may have limited but highly specific pharmacy needs, often for perioperative or pain management protocols.

Hiring Trends: The trend is toward clinical integration. Hospitals want pharmacists who can participate in rounds, manage anticoagulation or diabetes clinics, and provide direct patient care. Retail is consolidating, so opportunities there are stable but with less growth. The -3% growth figure reflects this shift away from traditional dispensing roles.

Getting Licensed in LA

Louisiana's licensing is managed by the Louisiana State Board of Pharmacy. It's a straightforward but bureaucratic process.

  1. FPGEC Certification: If you're an international graduate, this is your first mandatory step via NABP.
  2. NAPLEX & MPJE: You must pass the North American Pharmacist Licensure Examination (NAPLEX) and the Multistate Pharmacy Jurisprudence Examination (MPJE) for Louisiana. The MPJE focuses on state-specific laws.
  3. Jurisprudence Exam: A separate Louisiana-specific law exam.
  4. Background Check & Fingerprints: Required by the state board.
  5. Application & Fees: Submit your application to the Louisiana State Board of Pharmacy. Total fees (exam, application, background check) can run $500-$800.
  6. Timeline: From application to an active license can take 3-6 months, assuming you've already passed your exams. Plan accordingly if you're relocating.

Insider Tip: The Louisiana State Board of Pharmacy website is your bible. Bookmark it. Their processing times can vary, so submit all paperwork as early as possible. Also, Louisiana is part of the NABP License Transfer program, which can streamline the process if you're already licensed in another state.

Best Neighborhoods for Pharmacists

Your neighborhood choice will impact your commute, lifestyle, and budget. Monroe is not a dense city; commutes are generally short.

Neighborhood Vibe & Commute 1BR Rent Estimate Best For
Garden District / North Monroe Historic, charming, walkable to some shops. Easy 10-15 min commute to St. Francis or Ochsner LSU. $800 - $1,100 Those who want character and a central location.
West Monroe (Across the Ouachita) More suburban, family-friendly, great schools. Commute to Monroe hospitals is 15-20 mins via I-20. $700 - $950 Pharmacists with families or those seeking more space.
Lakeshore / South Monroe Quieter, more residential. Close to the university. Commute to main hospitals is 15 mins. $650 - $850 Budget-conscious professionals, those who work at ULM.
Arlington / Sterlington Corridor Rural, spacious, with a small-town feel. Commute to Monroe is 20-25 mins. $600 - $800 Those who want privacy, land, and don't mind a slightly longer drive.
Downtown Monroe Emerging arts and food scene. Very walkable but limited housing stock. Commute to hospitals is 5-10 mins. $750 - $1,000 Young professionals who want to be in the heart of the action.

Insider Tip: Traffic in Monroe is minimal. Your biggest commute concern will be crossing the Ouachita River via the few bridges, which can bottleneck during rush hour. Living on the same side of the river as your workplace (e.g., St. Francis in North Monroe) can save you 5-10 minutes.

The Long Game: Career Growth

In a small market, your specialization is your leverage.

  • Specialty Premiums: While "premiums" aren't as formalized as in larger cities, certain skills command higher pay and demand. Clinical pharmacists in Oncology (working with Ochsner's cancer center) or Infectious Disease (critical in post-COVID care) are highly valued. Sterile compounding experience is a major asset for hospital roles.
  • Advancement Paths: The typical path moves from staff pharmacist to Clinical Pharmacy Specialist, then to Pharmacy Manager or Director of Pharmacy. At St. Francis or Ochsner, these are the main rungs. Another path is into academia at ULM, transitioning to teaching and research. Specialty pharmacy roles (working for insurers or PBMs remotely) are also an option, leveraging Monroe's lower cost of living for a competitive national salary.
  • 10-Year Outlook: The -3% growth is real. To thrive, you must differentiate yourself. Pursue board certifications (BCPS, BCOP, etc.). Get involved with the Louisiana Pharmacy Association and local ULM events. Consider entrepreneurial roles, like consulting for local nursing homes or starting a niche service (e.g., medication therapy management for seniors). The market rewards those who go beyond dispensing.

The Verdict: Is Monroe Right for You?

Pros Cons
Extremely Low Cost of Living: Your salary goes much further, allowing for high savings and home ownership. Limited Job Market: Only 94 jobs and -3% growth means fewer opportunities and less mobility.
Strong, Anchored Employers: St. Francis and Ochsner LSU provide stability and a clear career ladder. Lower Median Salary: $129,337 vs. the national $136,030. You trade salary for lifestyle.
Manageable Commutes: 10-20 minutes is the norm, freeing up personal time. Fewer Specialties: Limited exposure to cutting-edge research or ultra-rare specialties compared to academic hubs.
Tight-Knit Community: Easy to build a professional network; you'll know your colleagues. Cultural & Entertainment Options: Limited compared to a major city.
Ideal for Early-Career or Family: Low stress, low cost, and good schools in West Monroe. Geographic Isolation: 2.5 hours to Shreveport, 4.5 hours to New Orleans or Little Rock.

Final Recommendation:
Monroe is not for the careerist chasing the highest possible salary or the most prestigious name on a CV. It is, however, an exceptional choice for a pharmacist prioritizing lifestyle, financial stability, and community impact. If you value owning a home within a few years, having a manageable work-life balance, and becoming a respected pillar of a small medical community, Monroe is a hidden gem. The data shows a stable, if slow-moving, market where a smart, specialized pharmacist can build a very comfortable and fulfilling life.

FAQs

1. Is Monroe a good place for a new pharmacy graduate?
Yes, but with a caveat. It's an excellent place to start your career if you land a hospital residency or a stable staff position. The lower cost of living eases the burden of student loans. However, the limited number of jobs means you must be proactive and may need to start in retail. Networking through ULM is non-negotiable.

2. Can I get a job at a hospital without a residency?
It's challenging but possible, especially for staff positions at St. Francis or Ochsner LSU. A residency makes you a much stronger candidate for clinical roles. Many pharmacists start in retail or independent pharmacy to gain experience and then transition to hospital roles after 1-2 years.

3. How is the work-life balance in Monroe pharmacies?
Generally very good. Hospital pharmacists work standard shifts (often 7a-3p, 3p-11p, or 11p-7a) with rotating weekends. Retail hours can be longer, but Monroe's lack of major traffic means you're home quickly. The overall pace is less frantic than in major metropolitan hubs.

4. What's the best way to network in a small market like Monroe?
Attend events at ULM's College of Pharmacy. Join the Louisiana Pharmacy Association (LPhA) and its local district meetings. Get to know the pharmacists at your own workplace and at competing pharmacies. Monroe's professional circle is small, and a good reputation travels fast.

5. Is there a demand for specialized certifications (BCPS, etc.)?
Yes, and it's growing. Hospitals like Ochsner LSU and St. Francis are increasingly looking for pharmacists with BCPS (Board Certified Pharmacotherapy Specialist) or other certifications to fill clinical and managerial roles. It's a key differentiator in a competitive market and can directly impact your salary and advancement.

📊 Compensation Analysis

Monroe $129,337
National Average $136,030

📈 Earning Potential

Entry Level $97,003 - $116,403
Mid Level $116,403 - $142,271
Senior Level $142,271 - $174,605
Expert Level $174,605 - $206,939

Wage War Room

Real purchasing power breakdown

Select a city above to see who really wins the salary war.

💰 Monthly Budget

$8,407
net/mo
Rent/Housing
$2,942
Groceries
$1,261
Transport
$1,009
Utilities
$673
Savings/Misc
$2,522

📋 Snapshot

$129,337
Median
$62.18/hr
Hourly
94
Jobs
-3%
Growth

Explore More in Monroe

Dive deeper into the local economy and lifestyle.

Data Sources: Bureau of Labor Statistics (OEWS May 2024), LA State Board, Bureau of Economic Analysis (RPP 2024), Redfin Market Data
Last updated: January 28, 2026 | Data refresh frequency: Monthly