Average Pharmacists Salary in Iowa City, IA
Pharmacists in Iowa City, IA, command an impressive average annual salary of $129,850. This figure slightly trails the national average of $136,140, suggesting localized market dynamics and potentially specific employer compensation strategies at play. The concentration of opportunities and the specific healthcare needs within Iowa City likely influence this competitive pay scale.
Executive Summary
- Average Salary: $129,850 per year.
- Growth Trend: Salaries have shifted 12.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $160,680.
- Outlook: With a local workforce of 410 pharmacists and a Location Quotient of 2.06, Iowa City demonstrates a significantly higher concentration of these professionals compared to the national average. This robust presence indicates a strong demand for pharmaceutical services and a stable job market for pharmacists within the region, suggesting a healthy and active employment landscape.
Salary Overview
The average Pharmacists in Iowa City, IA earns-4.6%below the national average.
$62.4
$2,497
$10,821
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that pharmacist salaries in Iowa City have experienced consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, advancements in pharmaceutical care, and inflation typically drive upward salary adjustments for skilled professionals in this field.
Pharmacists Salary Distribution in Iowa City, IA
The career trajectory for pharmacists in Iowa City typically involves significant salary growth with experience. Entry-level positions might start at a lower percentile, but as pharmacists gain expertise, manage more complex cases, or take on supervisory roles, their earning potential increases substantially. The percentile gaps between junior and senior pharmacists highlight clear opportunities for career progression and higher compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $116,100 | $55.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $97,388 | $46.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $137,540 | $66.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $162,313 | $78 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $160,680 | $77.3 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$129,850
Gross Pay
Real Wage (Purchasing Power)
$129,850
Adjusted for COL (100)
The average annual salary of $129,850 in Iowa City aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a pharmacist's income in Iowa City is equivalent to the national standard, offering a stable financial environment without the added pressure of a high cost of living.
Job Market Context
410
Total Jobs
4.398
Per 1K Jobs
2.06
Location Quotient
Iowa City, IA has 2.1x the national concentration of Pharmacists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 2.06 for pharmacists in Iowa City signifies that the area has more than double the national concentration of these professionals. This suggests a highly specialized and potentially competitive market, where employers may need to offer attractive compensation to secure top talent, while also indicating a strong and established demand for their services.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Cedar Rapids, IA Pharmacists Salary | $131,650↑ 1% | 23 mi |
| Davenport-Moline-Rock Island, IA-IL Pharmacists Salary | $133,820↑ 3% | 48 mi |
| Waterloo-Cedar Falls, IA Pharmacists Salary | $127,770↓ 2% | 72 mi |
| Dubuque, IA Pharmacists Salary | $133,760↑ 3% | 72 mi |
| Southeast Iowa nonmetropolitan area Pharmacists Salary | $129,440↓ 0% | 90 mi |
Comparing salaries near Iowa City, IA
Hiring Pharmacistss?
Frequently Asked Questions
How much does a Pharmacists make in Iowa City, IA?
The median annual salary for a Pharmacists in Iowa City, IA is $129,850. This typically ranges from $116,100 for entry-level positions to $160,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Iowa City, IA is 4.6% lower than the national median of $136,140.
Is Iowa City, IA a lucrative place for Pharmacists?
Yes, Iowa City, IA offers a lucrative environment for Pharmacists.Pharmacists in Iowa City earn an average of $129,850 annually, which is competitive given the national average cost of living. The high concentration of pharmacists also indicates strong local demand for their expertise.
Is Iowa City, IA a good place to live for Pharmacists?
The Cost of Living Index in Iowa City, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Iowa City, IA?
Some top paying nearby cities include Cedar Rapids, IA ($131,650) and Davenport-Moline-Rock Island, IA-IL.
How does the Iowa City pharmacist salary compare to the national average?
The average annual salary for pharmacists in Iowa City is $129,850, which is slightly below the national average of $136,140.
What is the cost of living in Iowa City, IA for pharmacists?
The cost of living in Iowa City is at the national average, with an index of 100, meaning your salary of $129,850 has the same purchasing power as the national average.
Is there high demand for pharmacists in Iowa City?
Yes, the Location Quotient of 2.06 indicates a significantly higher concentration of pharmacists than the national average, suggesting robust local demand.
How many pharmacists are there in Iowa City?
There are approximately 410 pharmacists employed in the Iowa City area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Iowa City, IA area with a job density of 4.398 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Pharmacists Salaries by State
Top Jobs in Iowa City, IA
- All Occupations Salary in Iowa City, IA
- Office and Administrative Support Occupations Salary in Iowa City, IA
- Healthcare Practitioners and Technical Occupations Salary in Iowa City, IA
- Food Preparation and Serving Related Occupations Salary in Iowa City, IA
- Educational Instruction and Library Occupations Salary in Iowa City, IA
- Transportation and Material Moving Occupations Salary in Iowa City, IA
- Sales and Related Occupations Salary in Iowa City, IA
- Management Occupations Salary in Iowa City, IA
- Business and Financial Operations Occupations Salary in Iowa City, IA
- Healthcare Support Occupations Salary in Iowa City, IA
- Browse All Jobs in Iowa City, IA →
Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Iowa City, IA