Average Pharmacists Salary in Evansville, IN
Pharmacists in Evansville, Indiana, earn an average annual salary of $135,290. This figure is remarkably close to the national average of $136,140, indicating a competitive compensation landscape. Local demand and the specific economic conditions within Evansville likely contribute to this closely aligned pay scale.
Executive Summary
- Average Salary: $135,290 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,150.
- Outlook: With a local workforce of 330 Pharmacists and a Location Quotient of 1.15, Evansville demonstrates a slightly higher concentration of these professionals than the national average. This suggests a stable, and perhaps growing, demand for pharmacists within the region, indicating a robust job market for those in the profession.
Salary Overview
The average Pharmacists in Evansville, IN earns-0.6%below the national average.
$65
$2,602
$11,274
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that pharmacist salaries in Evansville, mirroring national trends, have experienced steady growth over the past four years. Factors such as increasing healthcare needs, advancements in pharmaceutical services, and inflation typically drive upward salary adjustments in this vital sector.
Pharmacists Salary Distribution in Evansville, IN
Salary progression for Pharmacists in Evansville is typically tied to experience and specialization. Entry-level positions will naturally command lower salaries, while seasoned professionals with advanced degrees or specialized skills can expect significantly higher compensation. The gap between the lower and upper salary percentiles reflects the clear career trajectory and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $96,700 | $46.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $101,468 | $48.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $137,270 | $66 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $169,113 | $81.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $166,150 | $79.9 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$135,290
Gross Pay
Real Wage (Purchasing Power)
$135,290
Adjusted for COL (100)
The average annual salary of $135,290 in Evansville aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a pharmacist's salary in Evansville is equivalent to the national average, offering a stable financial standing without significant cost-of-living advantages or disadvantages compared to other regions.
Job Market Context
330
Total Jobs
2.45
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Evansville, IN has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.
A Location Quotient of 1.15 signifies that Pharmacists are 15% more concentrated in Evansville than the national average. This suggests a healthy and active job market where employers may need to offer competitive salaries to attract and retain talent, though it doesn't necessarily indicate an oversaturated market.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Owensboro, KY Pharmacists Salary | $131,310↓ 3% | 28 mi |
| Paducah, KY-IL Pharmacists Salary | $133,970↓ 1% | 88 mi |
| Bowling Green, KY Pharmacists Salary | $127,730↓ 6% | 92 mi |
| Elizabethtown, KY Pharmacists Salary | $132,800↓ 2% | 93 mi |
| Bloomington, IN Pharmacists Salary | $133,890↓ 1% | 98 mi |
Comparing salaries near Evansville, IN
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Evansville, IN?
The median annual salary for a Pharmacists in Evansville, IN is $135,290. This typically ranges from $96,700 for entry-level positions to $166,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Evansville, IN is 0.6% lower than the national median of $136,140.
Is Evansville, IN a lucrative place for Pharmacists?
Yes, it is a competitive place for Pharmacists.Pharmacists in Evansville earn an average salary nearly identical to the national average, and the local concentration of the profession suggests a stable job market.
Is Evansville, IN a good place to live for Pharmacists?
The Cost of Living Index in Evansville, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Evansville, IN?
Some top paying nearby cities include Owensboro, KY ($131,310) and Paducah, KY-IL.
How does the Evansville Pharmacist salary compare to the national average?
The average annual salary for Pharmacists in Evansville, IN is $135,290, which is very close to the national average of $136,140.
What is the concentration of Pharmacists in Evansville?
Evansville has a Location Quotient of 1.15 for Pharmacists, meaning the profession is 15% more concentrated there than the national average.
What is the cost of living in Evansville, IN?
The Cost of Living Index in Evansville, IN is 100, which is exactly the national average.
How many Pharmacists work in Evansville?
There are approximately 330 Pharmacists employed in the Evansville, IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Evansville, IN area with a job density of 2.45 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Pharmacists Salaries by State
Top Jobs in Evansville, IN
- All Occupations Salary in Evansville, IN
- Office and Administrative Support Occupations Salary in Evansville, IN
- Transportation and Material Moving Occupations Salary in Evansville, IN
- Food Preparation and Serving Related Occupations Salary in Evansville, IN
- Sales and Related Occupations Salary in Evansville, IN
- Production Occupations Salary in Evansville, IN
- Healthcare Practitioners and Technical Occupations Salary in Evansville, IN
- Construction and Extraction Occupations Salary in Evansville, IN
- Installation, Maintenance, and Repair Occupations Salary in Evansville, IN
- Educational Instruction and Library Occupations Salary in Evansville, IN
- Browse All Jobs in Evansville, IN →
Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Evansville, IN