Average Pharmacists Salary in Chicago-Naperville-Elgin, IL-IN
Pharmacists in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an impressive average annual salary of $136,990. This figure slightly surpasses the national average of $136,140, indicating a robust demand and competitive compensation landscape within this major urban hub. The specific economic drivers and healthcare infrastructure of the region contribute to this favorable pay scale.
Executive Summary
- Average Salary: $136,990 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,320.
- Outlook: The Chicago-Naperville-Elgin, IL-IN area demonstrates a healthy job market for Pharmacists, with a total local workforce of 9,630 professionals. The Location Quotient of 1.01 suggests a concentration of these roles that is very close to the national average, implying a stable and consistent demand for skilled pharmacists within this significant metropolitan region.
Salary Overview
The average Pharmacists in Chicago-Naperville-Elgin, IL-IN earns+0.6%above the national average.
$65.9
$2,634
$11,416
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Pharmacist salaries in the Chicago-Naperville-Elgin, IL-IN area have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in pharmaceutical services, and ongoing demand for medication management likely contribute to this upward trajectory in compensation.
Pharmacists Salary Distribution in Chicago-Naperville-Elgin, IL-IN
Career progression for Pharmacists in Chicago-Naperville-Elgin, IL-IN typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, manage more complex patient cases, and potentially take on supervisory roles, their earning potential escalates considerably. The salary distribution across different experience levels reflects a clear path for career advancement and increased compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $90,170 | $43.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $102,743 | $49.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $137,610 | $66.2 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $171,238 | $82.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $166,320 | $80 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$136,990
Gross Pay
Real Wage (Purchasing Power)
$136,990
Adjusted for COL (100)
The average annual salary of $136,990 for Pharmacists in Chicago-Naperville-Elgin, IL-IN aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary translates directly to purchasing power equivalent to the national standard, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
9,630
Total Jobs
2.153
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Chicago-Naperville-Elgin, IL-IN has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
With a Location Quotient of 1.01, the Chicago-Naperville-Elgin, IL-IN market for Pharmacists is nearly identical in concentration to the national average. This indicates a balanced job market where demand and supply are closely matched, suggesting that while opportunities exist, the market is not overly saturated nor exceptionally scarce, presenting a competitive yet accessible environment for professionals.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Michigan City-La Porte, IN Pharmacists Salary | $131,780↓ 4% | 41 mi |
| Kenosha, WI Pharmacists Salary | $138,840↑ 1% | 51 mi |
| Kankakee, IL Pharmacists Salary | $136,280↓ 1% | 55 mi |
| Racine-Mount Pleasant, WI Pharmacists Salary | $132,920↓ 3% | 59 mi |
| Niles, MI Pharmacists Salary | $131,020↓ 4% | 71 mi |
Comparing salaries near Chicago-Naperville-Elgin, IL-IN
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Pharmacists in Chicago-Naperville-Elgin, IL-IN is $136,990. This typically ranges from $90,170 for entry-level positions to $166,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 0.6% higher than the national median of $136,140.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Pharmacists?
Yes, it is a lucrative place for Pharmacists.The average salary of $136,990 is slightly above the national average, and the cost of living is exactly at the national average, offering strong purchasing power.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Pharmacists?
The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?
Some top paying nearby cities include Michigan City-La Porte, IN ($131,780) and Kenosha, WI.
How does the Chicago Pharmacist salary compare to the national average?
The average annual salary for Pharmacists in Chicago-Naperville-Elgin, IL-IN is $136,990, which is slightly higher than the national average of $136,140.
What is the cost of living in Chicago-Naperville-Elgin, IL-IN for Pharmacists?
The cost of living in the Chicago-Naperville-Elgin, IL-IN area is exactly at the national average, with an index of 100.
How concentrated is the Pharmacist job market in Chicago?
The job market for Pharmacists in Chicago-Naperville-Elgin, IL-IN is very close to the national average in terms of concentration, with a Location Quotient of 1.01.
Are there many Pharmacist jobs in the Chicago area?
With 9,630 Pharmacists in the local workforce and 2.153 jobs per 1,000 workers, the Chicago-Naperville-Elgin, IL-IN area offers a substantial number of opportunities for professionals in this field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,630 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 2.153 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN