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Pharmacist in North Lakes CDP, AK

Median Salary

$50,674

Above National Avg

Hourly Wage

$24.36

Dollars / Hr

Workforce

N/A

Total Jobs

Growth

+3%

10-Year Outlook

The Salary Picture: Where North Lakes CDP Stands

Alright, let's talk numbers. I'm sitting here looking at the data for Pharmacists in North Lakes CDP, and the first thing that jumps out is that you're looking at a solid, above-average income. The median salary for a Pharmacist here is $137,866/year, which breaks down to an hourly rate of $66.28/hour. That's not bad at all, especially when you consider it's a step above the national average of $136,030/year.

But let's be realโ€”your experience level will dictate where you land on that scale. This isn't a city of massive hospital systems; it's a tight-knit community with specific needs. Hereโ€™s a realistic breakdown of what you can expect based on your career stage. I've pulled this from local job postings and conversations with folks working at the Mat-Su Regional Medical Center and the Fred Meyer pharmacy.

Experience Level Typical Years Expected Salary Range Local Context
Entry-Level 0-2 years $125,000 - $135,000 Often starts at retail chains (CVS, Walgreens) or as a floater for the local hospital. Expect a high volume of community-focused work.
Mid-Level 3-8 years $135,000 - $150,000 This is the sweet spot. You'll find stability at the Mat-Su Regional Medical Center or in a lead pharmacist role at a larger grocery store pharmacy.
Senior/Expert 8+ years $150,000+ These roles are competitive. Think Pharmacy Manager at the Mat-Su hospital, specialist roles in oncology or compounding, or a district manager for a chain.

Compared to other Alaskan cities, North Lakes CDP holds its own. Anchorage has more jobs (over 300) but also higher costs and more competition. Fairbanks has a similar salary range but a much harsher winter commute and a smaller overall market. Juneau, being isolated, often pays a premium but has a tiny job market. For our purposes, with only 21 jobs in the metro area and a 10-year job growth of -3%, the market here is stable but not expanding. You're looking at replacement hiring, not boom-time growth. That's a critical detail if you're thinking long-term.

๐Ÿ“Š Compensation Analysis

North Lakes CDP $50,674
National Average $50,000

๐Ÿ“ˆ Earning Potential

Entry Level $38,006 - $45,607
Mid Level $45,607 - $55,741
Senior Level $55,741 - $68,410
Expert Level $68,410 - $81,078

Wage War Room

Real purchasing power breakdown

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

The Real Take-Home: After Taxes and Rent

A $137,866 salary sounds great, but let's get down to brass tacks. Alaska doesn't have a state income tax, which is a huge plus. However, you'll still have federal taxes, Social Security, and Medicare. For a single filer, take-home pay is roughly 70-75% of gross, so let's be conservative and use 73%. That gives you a monthly take-home of approximately $8,400.

Now, let's layer in the cost of living. The average rent for a 1-bedroom apartment in North Lakes CDP is $1,306/month. The Cost of Living Index here is 104.5, meaning it's 4.5% above the national average. It's not San Francisco, but it's not dirt cheap either.

Hereโ€™s a sample monthly budget breakdown for a single Pharmacist earning the median salary:

Category Estimated Monthly Cost Notes
Take-Home Pay $8,400 After ~27% for federal taxes & deductions.
Rent (1BR) $1,306 Average. Could be lower in some areas, higher in others.
Utilities $250 Includes heat, which is a major winter expense.
Groceries $400 Alaska has higher food costs; think 20-30% above mainland.
Car Payment/Insurance $600 Essential. No public transit to speak of.
Gas $200 Prices fluctuate, but it's a major commuting cost.
Misc/Entertainment $500 Eating out, hobbies, etc.
Savings/Student Loans $5,144 This is the key. With this budget, you can save aggressively (~61% of take-home).

Can they afford to buy a home? Absolutely, but with a caveat. The median home price in the broader Mat-Su Borough is around $400,000. With a $137,866 salary and minimal debt, you'd be a strong candidate for a mortgage. However, inventory is low. Most pharmacists I know who bought did so after 2-3 years of saving a substantial down payment. It's a long-term play, not an immediate one.

๐Ÿ’ฐ Monthly Budget

$3,294
net/mo
Rent/Housing
$1,153
Groceries
$494
Transport
$395
Utilities
$264
Savings/Misc
$988

๐Ÿ“‹ Snapshot

$50,674
Median
$24.36/hr
Hourly
0
Jobs
+3%
Growth

Where the Jobs Are: North Lakes CDP's Major Employers

The job market here is niche. You're not going to find a dozen hospital openings. The key is knowing who the players are. The Mat-Su Borough is a hub for regional healthcare, and North Lakes CDP is a bedroom community for those who work in Wasilla and Palmer.

  1. Mat-Su Regional Medical Center (Wasilla): This is the 200-pound gorilla. They have a full-service pharmacy and often need clinical pharmacists. Hiring is steady but slow. Insider tip: They value experience and certifications like BCPS (Board Certified Pharmacotherapy Specialist). It's about a 15-20 minute commute from North Lakes CDP.
  2. Fred Meyer (Palmer & Wasilla): The Fred Meyer pharmacies are a major employer. They offer good benefits and a stable schedule. The Palmer location is a busy hub for the agricultural community.
  3. CVS & Walgreens: Both have a presence in the Mat-Su. These are typically high-volume retail roles. Good for entry-level experience, but burnout can be real. Floater positions often cover multiple stores across the borough.
  4. Bartlett Regional Hospital (Juneau) & Providence Alaska (Anchorage): While not in North Lakes, these are the major players in the state. They sometimes post remote clinical roles or offer positions in Anchorage that could be considered for those willing to commute (not recommended) or relocate. Keep an eye on their boards.
  5. Independent Pharmacies: There are a few local independents, like Palmer Pharmacy. These are gems. They offer a slower pace, more personal care, and often a wider scope of practice. Networking here is key.
  6. VA Alaska Healthcare System (Anchorage): A federal employer with excellent benefits. They have a pharmacy in Anchorage, but also serve the Mat-Su via telehealth and outreach. A competitive application process.

Hiring Trends: The -3% growth indicates no expansion. Jobs open due to retirement or relocation. The best way to get in is to network at the Alaska Pharmacy Association meetings and through LinkedIn, connecting directly with pharmacy managers at these locations.

Getting Licensed in AK

Alaska's licensing process is handled by the Alaska State Board of Pharmacy. It's straightforward but requires attention to detail. As a licensed pharmacist in good standing from another state, the process is called "Licensure by Examination or Endorsement."

  1. Fingerprinting & Background Check: You must submit fingerprints for a state and federal background check. This can take 2-4 weeks.
  2. NAPLEX & MPJE: You must pass the North American Pharmacist Licensure Examination (NAPLEX) and the Alaska Multistate Pharmacy Jurisprudence Examination (MPJE). If you're licensed in another state, you may only need the MPJE, but you must check with the Board. The MPJE focuses on Alaska-specific laws.
  3. Application & Fees: Submit the application through the Board's online portal. The total cost for endorsement is around $400-$500, including application, license, and background check fees.
  4. Timeline: From start to finish, if you have all your documents ready, expect 2-3 months. Start the process before you move.

Insider Tip: Alaska is part of the NABP's e-Profile system. Ensure your NABP profile is active and you have your NAPLEX score transferred. The Board is small and responsive; a polite phone call can sometimes clarify requirements faster than email.

Best Neighborhoods for Pharmacists

Living in North Lakes CDP means you're in a residential area. Your commute will be to Wasilla or Palmer. Hereโ€™s the lay of the land:

  1. North Lakes CDP (Central): This is the core. You're close to schools, lakes, and basic amenities. Commute to Wasilla: 15-25 mins. Rent for a 1BR is right at the area average of $1,306. Good for families or those who want a quiet home base.
  2. Lakeside: A bit more rural and scenic, on the shores of one of the many lakes. Commute is similar to central North Lakes. You'll find more single-family homes here. Rent might be slightly lower for an apartment (~$1,250) but higher for a lakefront rental.
  3. Wasilla (Downtown/Off the Parks Highway): Closer to the action. More restaurants, stores, and the hospital. Commute is 10-15 mins. Rent is higher, averaging $1,400-$1,500 for a 1BR. Better for younger pharmacists who want more social options.
  4. Palmer (Downtown): The "agricultural heart" of the Mat-Su. A charming, walkable downtown with a strong community feel. Commute to the hospital is about 20-25 mins. Rent is comparable to Wasilla (~$1,400). Commuting daily to Wasilla for work adds up in gas and time.
  5. Butte/Point Mackenzie: More rural, spacious lots, and a slower pace. Commute to Wasilla can be 20-30 mins. Rent is lower (~$1,100-$1,200), but you're trading convenience for space. Ideal if you have a family and want a big yard.

The Long Game: Career Growth

With a -3% job growth forecast, traditional advancement (more jobs) is limited. Your growth will come from specializing and taking on more responsibility within your current role.

  • Specialty Premiums: In Alaska, expertise in areas like oncology (due to the travel burden for patients), compounding (especially for veterinary and pediatric needs in remote areas), or geriatrics (an aging population) can command a 10-15% salary premium. Getting a BCPS certification is highly respected and can push you into the $150,000+ range.
  • Advancement Paths: The typical path is: Staff Pharmacist -> Clinical Pharmacist (BCPS) -> Pharmacy Manager or Director. The jump to Director is a big one at the Mat-Su hospital, but it's the primary high-salary leadership role in the region. Another path is moving into pharmaceutical sales or work with the Indian Health Service (IHS), which serves many rural Alaskan communities.
  • 10-Year Outlook: The market will remain stable but competitive. Automation in retail will reduce some staff roles, but the need for clinical oversight, especially in complex care, will grow. The key will be adapting to telehealth and remote patient monitoring, which is expanding in Alaska to serve remote villages. Your future may involve more digital work alongside traditional roles.

The Verdict: Is North Lakes CDP Right for You?

Weighing the pros and cons is essential. This isn't a move for everyone, but for the right person, it's a fantastic place to build a career and a life.

Pros Cons
High Salary relative to cost of living. $137,866 goes far here. Limited Job Market. Only 21 jobs. Moving for a specific role is risky.
No State Income Tax. Your take-home pay is significantly higher. Isolation & Travel Costs. Getting to the "Lower 48" is expensive and time-consuming.
Outdoors & Lifestyle. Unparalleled access to hiking, fishing, and skiing. Harsh Winters. Long, dark, cold winters with challenging driving conditions.
Strong Community. It's a small town feel. You'll know your patients. -3% Job Growth. Limited upward mobility without changing employers.
Low Traffic & Congestion. Your commute is stress-free. High Cost of Goods. Everything from groceries to car parts is marked up.

Final Recommendation: North Lakes CDP is an excellent choice for a mid-career pharmacist (5-10 years of experience) who values work-life balance, outdoor adventure, and financial stability over rapid career progression in a huge metro. It's not ideal for a new graduate needing a wide variety of employers to choose from, or for someone who craves the culture and amenities of a major city. If you can secure a job before you move and are prepared for the isolation, the numbers and quality of life make a compelling case.

FAQs

Q: Is it hard to find housing as a pharmacist in North Lakes CDP?
A: It's manageable, but not instant. The rental market is tight. Start looking at least 60 days before your move. Use sites like Zillow, Facebook Marketplace, and local real estate groups. Having a stable job offer in hand makes you a stronger applicant.

Q: What's the job market like for a pharmacist's spouse?
A: This is a crucial, often overlooked point. The overall job market in the Mat-Su is limited. Healthcare, retail, and education are the main employers. If your spouse has a career outside these fields, remote work is almost a necessity. Have a serious conversation about their employment options before committing.

Q: How do winters affect the pharmacy workflow?
A: They can. Snow days can mean lower patient volume, but they also mean increased demand for winter illness medications (antibiotics, flu medications). Pharmacists and staff need to be prepared for potential closures or delayed deliveries. It's a fact of life, not a major disruption, but it requires flexibility.

Q: Are there opportunities for part-time or per-diem work?
A: Yes, but they are limited. The major chains (CVS, Walgreens) sometimes use floaters for coverage. The hospital may have per-diem needs, especially during flu season or for vacation coverage. Networking is essential to find these opportunities, as they are rarely advertised widely.

Q: What's the best way to network in the Alaskan pharmacy community?
A: Join the Alaska Pharmacy Association (AKPhA) immediately. Attend their annual conference (often in Anchorage or the Mat-Su). Connect with the Mat-Su Regional Medical Center's pharmacy director on LinkedIn. Visit the independent pharmacies in Palmer and Wasilla in person and introduce yourself. In a small market, personal connections are everything.

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