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Average Pharmacists Salary in Lincoln, NE

Pharmacists in Lincoln, Nebraska, earn an impressive average annual salary of $130,890. This figure is slightly below the national average of $136,140, suggesting a localized market dynamic that influences compensation. Factors such as the specific healthcare needs of the region and the concentration of pharmacy roles likely contribute to this pay scale.

Executive Summary

  • Average Salary: $130,890 per year.
  • Growth Trend: Salaries have shifted 7.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $154,340.
  • Outlook: With a local workforce of 390 pharmacists and a Location Quotient of 1, Lincoln, NE, presents a stable job market for this profession. A Location Quotient of 1 indicates that the concentration of pharmacists in Lincoln is on par with the national average, suggesting a steady demand that aligns with the overall U.S. employment landscape for this role.
2024 Market Data

Salary Overview

$130,890

The average Pharmacists in Lincoln, NE earns-3.9%below the national average.

BreakdownBased on 40h/week
Hourly

$62.9

Weekly

$2,517

Monthly

$10,908

Pharmacists Salary Distribution in Lincoln, NE

The salary progression for pharmacists in Lincoln, NE, typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with specialized skills or supervisory responsibilities can expect to earn considerably more. The difference between entry-level and senior-level salaries represents the career advancement and increased value brought by years of practice and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$105,000$50.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$98,168$47.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$132,700$63.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$163,613$78.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$154,340$74.2

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$130,890

Gross Pay

Real Wage (Purchasing Power)

$130,890

Adjusted for COL (100)

The average annual salary of $130,890 in Lincoln, NE, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a pharmacist's salary in Lincoln is equivalent to the national standard, offering a balanced financial environment for residents.

Job Market Context

390

Total Jobs

2.14

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Lincoln, NE has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

A Location Quotient of 1 for pharmacists in Lincoln, NE, signifies that the density of this profession in the area is precisely at the national average. This suggests a balanced job market where demand and supply are relatively stable, indicating neither an overabundance nor a significant shortage of pharmacy professionals.

Nearby Job Markets

Nearby Cities for Pharmacists

Comparing salaries near Lincoln, NE

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Lincoln, NE?

The median annual salary for a Pharmacists in Lincoln, NE is $130,890. This typically ranges from $105,000 for entry-level positions to $154,340 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lincoln, NE is 3.9% lower than the national median of $136,140.

Is Lincoln, NE a lucrative place for Pharmacists?

Yes, with caveats.Pharmacists in Lincoln, NE, earn an average of $130,890, which is competitive with the national average. The local cost of living being at the national average means this salary offers standard purchasing power.

Is Lincoln, NE a good place to live for Pharmacists?

The Cost of Living Index in Lincoln, NE is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lincoln, NE?

Some top paying nearby cities include Omaha, NE-IA ($127,000) and South Nebraska nonmetropolitan area.

How does Lincoln, NE compare to the national average salary for Pharmacists?

The average salary for Pharmacists in Lincoln, NE, is $130,890, which is slightly lower than the national average of $136,140.

What is the Cost of Living in Lincoln, NE for Pharmacists?

The Cost of Living Index in Lincoln, NE, is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.

How many Pharmacists work in Lincoln, NE?

There are approximately 390 Pharmacists employed in the Lincoln, NE area.

What does a Location Quotient of 1 mean for Pharmacists in Lincoln, NE?

A Location Quotient of 1 means that the concentration of Pharmacists in Lincoln, NE, is the same as the national average, suggesting a balanced job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Lincoln, NE area with a job density of 2.14 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.