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Average Pharmacists Salary in Akron, OH

Pharmacists in Akron, Ohio, command an average annual salary of $124,530. This figure is notably below the national average of $136,140, suggesting that while the demand is present, local market dynamics and potentially other economic factors influence compensation in this Ohio city. The specific economic landscape of Akron shapes the earning potential for these vital healthcare professionals.

Executive Summary

  • Average Salary: $124,530 per year.
  • Growth Trend: Salaries have shifted 18.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $164,920.
  • Outlook: Akron's pharmacist job market appears stable, with a local workforce of 840 professionals. The Location Quotient of 1.23 indicates a slightly higher concentration of pharmacists in Akron compared to the national average, suggesting a steady, perhaps growing, demand for their services within the region. This concentration, coupled with the jobs per 1,000 workers metric, points to a robust employment environment for pharmacists in the area.
2024 Market Data

Salary Overview

$124,530

The average Pharmacists in Akron, OH earns-8.5%below the national average.

BreakdownBased on 40h/week
Hourly

$59.9

Weekly

$2,395

Monthly

$10,378

Pharmacists Salary Distribution in Akron, OH

The career path for pharmacists in Akron offers significant earning potential that scales with experience. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with specialized skills or supervisory roles can command salaries well above the average. The percentile gaps between junior and senior pharmacists highlight clear opportunities for career progression and increased financial reward.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$48,710$23.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$93,398$44.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$134,000$64.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$155,663$74.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$164,920$79.3

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$124,530

Gross Pay

Real Wage (Purchasing Power)

$124,530

Adjusted for COL (100)

For pharmacists considering a move to Akron, the nominal salary of $124,530 aligns perfectly with the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of an Akron pharmacist's salary is equivalent to that of the average pharmacist nationwide, offering a stable financial foundation without the immediate pressure of higher or lower living expenses.

Job Market Context

840

Total Jobs

2.623

Per 1K Jobs

1.23

Location Quotient

Above Average

With a location quotient of 1.23, Akron, OH has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

With a Location Quotient of 1.23, Akron demonstrates a slightly higher concentration of pharmacists than the national average. This suggests that the market is not oversaturated but rather has a healthy presence of these professionals, indicating a competitive yet accessible job market. Employers are likely seeking qualified candidates, and the demand remains consistent with the regional healthcare needs.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Akron, OH

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Akron, OH?

The median annual salary for a Pharmacists in Akron, OH is $124,530. This typically ranges from $48,710 for entry-level positions to $164,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Akron, OH is 8.5% lower than the national median of $136,140.

Is Akron, OH a lucrative place for Pharmacists?

Yes, with a caveat.Akron offers a competitive salary of $124,530, which, combined with a national-average cost of living, provides strong purchasing power. While below the national average salary, the local market's concentration suggests stable demand.

Is Akron, OH a good place to live for Pharmacists?

The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Akron, OH?

Some top paying nearby cities include Canton-Massillon, OH ($124,960) and Cleveland, OH.

How does the Akron pharmacist salary compare to the national average?

The average annual salary for pharmacists in Akron, OH is $124,530, which is $11,610 less than the national average of $136,140.

What is the concentration of pharmacists in Akron, OH compared to the rest of the US?

Akron has a Location Quotient of 1.23 for pharmacists, indicating that the area has 23% more pharmacists per worker than the national average, suggesting a slightly higher concentration.

How does the cost of living in Akron affect a pharmacist's salary?

The cost of living in Akron is exactly at the national average (100), meaning the $124,530 salary has the same purchasing power as the national average salary in a national-average cost-of-living area.

What is the total number of pharmacists employed in Akron, OH?

There are approximately 840 pharmacists employed in Akron, OH, contributing to the local healthcare workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 840 employees in the Akron, OH area with a job density of 2.623 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.