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Average Pharmacists Salary in Champaign-Urbana, IL

Pharmacists in Champaign-Urbana, IL earn an average annual salary of $133,710, which is slightly below the national average of $136,140. This minor difference can be attributed to a variety of local economic factors, including the specific demand within the region's healthcare sector and the overall cost of doing business for pharmacies in the area.

Executive Summary

  • Average Salary: $133,710 per year.
  • Growth Trend: Salaries have shifted 5.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $157,500.
  • Outlook: The Champaign-Urbana, IL market for Pharmacists appears stable, with a total local workforce of 220 individuals. The Location Quotient of 0.99 indicates a concentration of Pharmacists that is very close to the national average, suggesting a balanced demand and supply dynamic within the region.
2024 Market Data

Salary Overview

$133,710

The average Pharmacists in Champaign-Urbana, IL earns-1.8%below the national average.

BreakdownBased on 40h/week
Hourly

$64.3

Weekly

$2,571

Monthly

$11,143

Pharmacists Salary Distribution in Champaign-Urbana, IL

The career path for Pharmacists in Champaign-Urbana, IL, typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, develop specialized skills, and potentially move into supervisory or management roles, their earning potential can substantially increase, reflecting the value of their accumulated knowledge and responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$101,760$48.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$100,283$48.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$134,830$64.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$167,138$80.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$157,500$75.7

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$133,710

Gross Pay

Real Wage (Purchasing Power)

$133,710

Adjusted for COL (100)

With an average annual salary of $133,710 and a Cost of Living Index of 100 (matching the national average), Pharmacists relocating to Champaign-Urbana, IL, can expect their nominal income to translate directly to purchasing power comparable to the national standard. This means the salary offers a standard lifestyle without significant financial strain due to local living expenses.

Job Market Context

220

Total Jobs

2.115

Per 1K Jobs

0.99

Location Quotient

Below Average

Champaign-Urbana, IL has 0.99x the national average concentration of Pharmacists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.99 for Pharmacists in Champaign-Urbana, IL, signifies a job market that is nearly identical in concentration to the national average. This suggests that while the area is not exceptionally over- or under-saturated with these professionals, there is a consistent and reliable demand for their services, making it a steady employment environment.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Champaign-Urbana, IL

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Champaign-Urbana, IL?

The median annual salary for a Pharmacists in Champaign-Urbana, IL is $133,710. This typically ranges from $101,760 for entry-level positions to $157,500 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Champaign-Urbana, IL is 1.8% lower than the national median of $136,140.

Is Champaign-Urbana, IL a lucrative place for Pharmacists?

Yes, it offers competitive compensation.Pharmacists in Champaign-Urbana, IL, earn an average of $133,710, which is very close to the national average. Coupled with a cost of living that is exactly at the national average, this makes the area financially attractive for the profession.

Is Champaign-Urbana, IL a good place to live for Pharmacists?

The Cost of Living Index in Champaign-Urbana, IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Champaign-Urbana, IL?

Some top paying nearby cities include Decatur, IL ($134,440) and West Central Illinois nonmetropolitan area.

How does the Champaign-Urbana Pharmacist salary compare to the national average?

The average annual salary for Pharmacists in Champaign-Urbana, IL is $133,710, which is slightly lower than the national average of $136,140.

What is the concentration of Pharmacists in Champaign-Urbana, IL?

The concentration of Pharmacists in Champaign-Urbana, IL, is indicated by a Location Quotient of 0.99, meaning it is very close to the national average concentration.

How does the cost of living in Champaign-Urbana, IL affect a Pharmacist's salary?

The Cost of Living Index in Champaign-Urbana, IL, is 100, which is the national average. This means the $133,710 salary provides purchasing power equivalent to the national average.

Is the job market for Pharmacists strong in Champaign-Urbana, IL?

With a Location Quotient of 0.99 and a local workforce of 220, the job market for Pharmacists in Champaign-Urbana, IL, is stable and closely mirrors national employment patterns for the profession.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Champaign-Urbana, IL area with a job density of 2.115 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.