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Average Pharmacists Salary in Illinois

Pharmacists in Illinois earn an average annual salary of $136,050, remarkably close to the national average of $136,140. This near parity suggests that while Illinois offers competitive compensation, the specific economic drivers within the state, such as demand for pharmaceutical services and the operational costs for healthcare providers, are finely tuned to the national market.

Executive Summary

  • Average Salary: $136,050 per year.
  • Growth Trend: Salaries have shifted 8.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $166,090.
  • Outlook: With a substantial local workforce of 12,450 pharmacists, Illinois demonstrates a significant presence in the pharmaceutical sector. The location quotient of 0.96 indicates that the concentration of pharmacists in Illinois is almost on par with the national average, suggesting a stable and well-established job market that can support this workforce size.
2024 Market Data

Salary Overview

$136,050

The average Pharmacists in Illinois earns-0.1%below the national average.

BreakdownBased on 40h/week
Hourly

$65.4

Weekly

$2,616

Monthly

$11,338

Pharmacists Salary Distribution in Illinois

Career progression for pharmacists in Illinois typically involves a significant salary increase from entry-level to senior positions. While exact figures vary, the gap between starting salaries and those earned by highly experienced pharmacists often represents a substantial percentile increase, reflecting the value of accumulated knowledge, specialized skills, and leadership responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$99,610$47.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$102,038$49.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$135,880$65.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$170,063$81.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$166,090$79.9

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$136,050

Gross Pay

Real Wage (Purchasing Power)

$148,203

Adjusted for COL (91.8)

The average pharmacist salary of $136,050 in Illinois is highly advantageous when considering the local cost of living index of 91.8. This index, which is below the national average of 100, means that the purchasing power of an Illinois pharmacist's salary is effectively higher than the nominal figure suggests, allowing for a comfortable standard of living.

Job Market Context

12,450

Total Jobs

2.052

Per 1K Jobs

0.96

Location Quotient

Below Average

Illinois has 0.96x 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.

A location quotient of 0.96 signifies that the density of pharmacists in Illinois is slightly below the national average. This suggests a balanced job market where demand and supply are nearly in equilibrium, indicating a competitive yet accessible environment for both new entrants and experienced professionals seeking opportunities.

Nearby Job Markets

Nearby Cities for Pharmacists

CitySalaryDist.
Bloomington, IL Pharmacists Salary$132,690↓ 2%9 mi
Decatur, IL Pharmacists Salary$134,440↓ 1%34 mi
Champaign-Urbana, IL Pharmacists Salary$133,710↓ 2%41 mi
Peoria, IL Pharmacists Salary$134,540↓ 1%43 mi
Springfield, IL Pharmacists Salary$133,030↓ 2%53 mi

Comparing salaries near Illinois

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Illinois?

The median annual salary for a Pharmacists in Illinois is $136,050. This typically ranges from $99,610 for entry-level positions to $166,090 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Illinois is 0.1% lower than the national median of $136,140.

Is Illinois a lucrative place for Pharmacists?

Yes, Illinois offers a lucrative environment for pharmacists.Pharmacists in Illinois earn salaries virtually identical to the national average, coupled with a cost of living that is below the national average, enhancing their real earnings.

Is Illinois a good place to live for Pharmacists?

With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Illinois?

Some top paying nearby cities include Bloomington, IL ($132,690) and Decatur, IL.

How does the number of jobs per 1,000 workers compare nationally?

Illinois has 2.052 jobs per 1,000 workers for pharmacists, which is a key metric for understanding local employment density relative to the overall workforce.

What is the significance of the Location Quotient for pharmacists in Illinois?

A Location Quotient of 0.96 indicates that the concentration of pharmacists in Illinois is very close to the national average, suggesting a stable and mature job market.

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

With a cost of living index of 91.8, Illinois is more affordable than the national average, meaning the $136,050 salary provides greater purchasing power.

What is the total number of pharmacists employed in Illinois?

Illinois employs a significant workforce of 12,450 pharmacists, reflecting the state's substantial healthcare infrastructure.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 12,450 employees in the Illinois area with a job density of 2.052 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Illinois