Average Pharmacists Salary in Rockford, IL
Pharmacists in Rockford, Illinois earn an impressive average annual salary of $137,790, slightly surpassing the national average of $136,140. This competitive compensation reflects the localized demand and the essential nature of pharmaceutical services within the Rockford community, influencing pay scales to attract and retain skilled professionals.
Executive Summary
- Average Salary: $137,790 per year.
- Growth Trend: Salaries have shifted 1.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $177,630.
- Outlook: With a local workforce of 260 pharmacists and a Location Quotient of 0.86, Rockford presents a stable, albeit slightly below national average concentration, job market for this profession. The figure of 1.838 jobs per 1,000 workers indicates a consistent presence and ongoing need for pharmaceutical services, suggesting a robust environment for employment.
Salary Overview
The average Pharmacists in Rockford, IL earns+1.2%above the national average.
$66.2
$2,650
$11,483
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that pharmacist salaries across the nation, including in Rockford, have experienced steady growth over the past four years. This trend is typically driven by factors such as inflation, increasing healthcare demands, and the evolving scope of pharmacy practice, leading to higher average compensation.
Pharmacists Salary Distribution in Rockford, IL
The career trajectory for pharmacists in Rockford, IL, shows a clear salary progression based on experience. Entry-level positions typically command lower salaries, while senior pharmacists with extensive experience and specialized skills can expect to earn significantly more, often reaching the higher percentiles of the salary range. These percentile gaps are indicative of the substantial career advancement and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $102,200 | $49.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $103,343 | $49.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $139,570 | $67.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $172,238 | $82.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $177,630 | $85.4 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$137,790
Gross Pay
Real Wage (Purchasing Power)
$137,790
Adjusted for COL (100)
For individuals considering a move to Rockford, IL, the average pharmacist salary of $137,790 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a pharmacist's income in Rockford is equivalent to the national average, making the nominal salary translate directly to a comparable standard of living.
Job Market Context
260
Total Jobs
1.838
Per 1K Jobs
0.86
Location Quotient
Rockford, IL has 0.86x 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.
Rockford, IL's Location Quotient of 0.86 suggests that the concentration of pharmacists is slightly lower than the national average. This indicates that while the profession is well-established, the market may not be oversaturated, potentially offering good opportunities for qualified professionals seeking employment without facing intense competition.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Pharmacists Salary | $136,000↓ 1% | 30 mi |
| Madison, WI Pharmacists Salary | $138,800↑ 1% | 59 mi |
| Kenosha, WI Pharmacists Salary | $138,840↑ 1% | 65 mi |
| Racine-Mount Pleasant, WI Pharmacists Salary | $132,920↓ 4% | 71 mi |
| Chicago-Naperville-Elgin, IL-IN Pharmacists Salary | $136,990↓ 1% | 78 mi |
Comparing salaries near Rockford, IL
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Frequently Asked Questions
How much does a Pharmacists make in Rockford, IL?
The median annual salary for a Pharmacists in Rockford, IL is $137,790. This typically ranges from $102,200 for entry-level positions to $177,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rockford, IL is 1.2% higher than the national median of $136,140.
Is Rockford, IL a lucrative place for Pharmacists?
Yes, Rockford, IL offers a lucrative environment for pharmacists.Pharmacists in Rockford earn slightly above the national average salary, and the cost of living is on par with the national average, indicating strong purchasing power.
Is Rockford, IL a good place to live for Pharmacists?
The Cost of Living Index in Rockford, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rockford, IL?
Some top paying nearby cities include Janesville-Beloit, WI ($136,000) and Madison, WI.
How does the Rockford pharmacist salary compare to the national average?
The average annual salary for pharmacists in Rockford, IL is $137,790, which is slightly higher than the national average of $136,140.
What is the concentration of pharmacists in Rockford, IL compared to the nation?
Rockford, IL has a Location Quotient of 0.86 for pharmacists, meaning the concentration is slightly below the national average.
What is the cost of living in Rockford, IL for pharmacists?
The Cost of Living Index in Rockford, IL is 100, which is exactly the national average, meaning your salary has average purchasing power.
How many pharmacists are employed in Rockford, IL?
There are approximately 260 pharmacists employed in Rockford, IL, representing 1.838 jobs per 1,000 workers in the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Rockford, IL area with a job density of 1.838 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 Rockford, IL