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Average Pharmacists Salary in Springfield, IL

Pharmacists in Springfield, Illinois, earn an average annual salary of $133,030. This figure is slightly below the national average of $136,140, suggesting that while the demand is present, specific local economic factors and the cost of living may influence compensation levels. The concentration of pharmacists in the area also plays a role in this salary structure.

Executive Summary

  • Average Salary: $133,030 per year.
  • Growth Trend: Salaries have shifted 6.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $173,090.
  • Outlook: With a local workforce of 290 pharmacists and a Location Quotient of 1.34, Springfield exhibits a notable concentration of these professionals relative to the national average. This suggests a robust and potentially stable job market for pharmacists in the region, indicating consistent demand that supports the existing workforce size.
2024 Market Data

Salary Overview

$133,030

The average Pharmacists in Springfield, IL earns-2.3%below the national average.

BreakdownBased on 40h/week
Hourly

$64

Weekly

$2,558

Monthly

$11,086

Pharmacists Salary Distribution in Springfield, IL

The career trajectory for pharmacists in Springfield, IL, typically involves significant salary progression from entry-level to senior positions. While specific percentile data is unavailable, the gap between starting salaries and those earned by highly experienced pharmacists generally widens considerably, reflecting the accumulation of specialized knowledge, leadership responsibilities, and proven expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$79,710$38.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$99,773$48
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$135,060$64.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$166,288$79.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$173,090$83.2

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$133,030

Gross Pay

Real Wage (Purchasing Power)

$133,030

Adjusted for COL (100)

The average annual salary of $133,030 in Springfield, IL, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a pharmacist's salary in Springfield is equivalent to the national average, indicating a balanced economic environment where earnings effectively meet living expenses.

Job Market Context

290

Total Jobs

2.866

Per 1K Jobs

1.34

Location Quotient

Above Average

With a location quotient of 1.34, Springfield, IL has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

Springfield, IL, boasts a Location Quotient of 1.34 for pharmacists, indicating that the concentration of these professionals is 34% higher than the national average. This suggests a competitive yet abundant job market, where opportunities are readily available, but employers may also have a solid pool of talent to draw from.

Nearby Job Markets

Nearby Cities for Pharmacists

CitySalaryDist.
Decatur, IL Pharmacists Salary$134,440↑ 1%39 mi
West Central Illinois nonmetropolitan area Pharmacists Salary$137,650↑ 3%53 mi
East Central Illinois nonmetropolitan area Pharmacists Salary$139,270↑ 5%53 mi
Northwest Illinois nonmetropolitan area Pharmacists Salary$131,430↓ 1%53 mi
South Illinois nonmetropolitan area Pharmacists Salary$140,340↑ 5%53 mi

Comparing salaries near Springfield, IL

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Springfield, IL?

The median annual salary for a Pharmacists in Springfield, IL is $133,030. This typically ranges from $79,710 for entry-level positions to $173,090 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, IL is 2.3% lower than the national median of $136,140.

Is Springfield, IL a lucrative place for Pharmacists?

Yes, Springfield, IL offers a competitive salary for pharmacists.Pharmacists in Springfield earn $133,030 annually, which is very close to the national average, and the cost of living is also at the national average, indicating strong purchasing power.

Is Springfield, IL a good place to live for Pharmacists?

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

Where are the highest paying cities near Springfield, IL?

Some top paying nearby cities include Decatur, IL ($134,440) and West Central Illinois nonmetropolitan area.

How does the Springfield pharmacist salary compare to the national average?

The average annual salary for pharmacists in Springfield, IL is $133,030, which is slightly below the national average of $136,140.

What is the concentration of pharmacists in Springfield, IL?

Springfield, IL has a Location Quotient of 1.34 for pharmacists, meaning the concentration of these professionals is 34% higher than the national average.

What is the cost of living in Springfield, IL?

The Cost of Living Index in Springfield, IL is 100, which is exactly the national average.

How many pharmacists work in Springfield, IL?

There are approximately 290 pharmacists employed in Springfield, IL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Springfield, IL area with a job density of 2.866 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 Springfield, IL