Average Pharmacists Salary in Cincinnati, OH-KY-IN
Pharmacists in the Cincinnati, OH-KY-IN metropolitan area earn an average annual salary of $132,610. This figure is slightly below the national average of $136,140, suggesting a localized compensation structure influenced by regional economic factors and demand dynamics within the healthcare sector.
Executive Summary
- Average Salary: $132,610 per year.
- Growth Trend: Salaries have shifted 6.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $163,880.
- Outlook: The Cincinnati market demonstrates a healthy presence of pharmacists, with a total local workforce of 2,540 individuals. The location quotient of 1.09 indicates a concentration of these roles slightly above the national average, suggesting a stable and potentially growing demand for pharmaceutical professionals in the region.
Salary Overview
The average Pharmacists in Cincinnati, OH-KY-IN earns-2.6%below the national average.
$63.8
$2,550
$11,051
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that pharmacist salaries across the nation, including in Cincinnati, have experienced steady growth over the past four years, driven by increasing healthcare needs and the evolving scope of pharmacy practice.
Pharmacists Salary Distribution in Cincinnati, OH-KY-IN
Salary progression for pharmacists in Cincinnati typically scales significantly with experience. Entry-level positions may start at lower percentiles, while seasoned professionals with specialized skills or in leadership roles can command salaries in the higher percentiles, reflecting a clear career trajectory and increased responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $70,890 | $34.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $99,458 | $47.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $135,330 | $65.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $165,763 | $79.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $163,880 | $78.8 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$132,610
Gross Pay
Real Wage (Purchasing Power)
$132,610
Adjusted for COL (100)
With an average annual salary of $132,610 and a Cost of Living Index at the national average of 100, pharmacists relocating to Cincinnati can expect their earnings to align closely with the typical cost of goods and services nationwide. This means purchasing power is likely to remain consistent with national benchmarks.
Job Market Context
2,540
Total Jobs
2.325
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Cincinnati, OH-KY-IN has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
The location quotient of 1.09 for pharmacists in Cincinnati signifies a job market where these professionals are slightly more concentrated than the national average. This suggests a robust demand and a competitive environment, where employers may actively seek qualified candidates, potentially leading to favorable negotiation opportunities.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Dayton-Kettering-Beavercreek, OH Pharmacists Salary | $128,380↓ 3% | 50 mi |
| Springfield, OH Pharmacists Salary | $120,280↓ 9% | 69 mi |
| Lexington-Fayette, KY Pharmacists Salary | $132,060↓ 0% | 73 mi |
| Columbus, IN Pharmacists Salary | $124,470↓ 6% | 76 mi |
| Muncie, IN Pharmacists Salary | $126,430↓ 5% | 89 mi |
Comparing salaries near Cincinnati, OH-KY-IN
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Cincinnati, OH-KY-IN?
The median annual salary for a Pharmacists in Cincinnati, OH-KY-IN is $132,610. This typically ranges from $70,890 for entry-level positions to $163,880 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cincinnati, OH-KY-IN is 2.6% lower than the national median of $136,140.
Is Cincinnati, OH-KY-IN a lucrative place for Pharmacists?
Yes, it offers competitive compensation.Pharmacists in Cincinnati earn an average of $132,610, which is competitive, especially considering the national average cost of living in the area.
Is Cincinnati, OH-KY-IN a good place to live for Pharmacists?
The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cincinnati, OH-KY-IN?
Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($128,380) and Springfield, OH.
How does the Cincinnati pharmacist salary compare to the national average?
The average annual salary for pharmacists in Cincinnati is $132,610, which is slightly lower than the national average of $136,140.
What is the concentration of pharmacists in Cincinnati compared to the rest of the US?
Cincinnati has a location quotient of 1.09 for pharmacists, indicating a slightly higher concentration of these professionals than the national average.
How does the cost of living in Cincinnati affect pharmacist salaries?
Cincinnati's Cost of Living Index is 100, matching the national average. This means the $132,610 salary offers purchasing power consistent with the national median.
What does the total local workforce number imply for pharmacist job opportunities?
With 2,540 pharmacists locally, it indicates a substantial existing workforce, suggesting a stable market with ongoing opportunities for both new entrants and experienced professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,540 employees in the Cincinnati, OH-KY-IN area with a job density of 2.325 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 Cincinnati, OH-KY-IN