Average Pharmacists Salary in West Central Illinois nonmetropolitan area
Pharmacists in the West Central Illinois nonmetropolitan area earn an impressive average annual salary of $137,650. This figure slightly surpasses the national average of $136,140, indicating a competitive compensation landscape. The specific economic drivers and demand within this region contribute to this favorable pay scale for pharmacy professionals.
Executive Summary
- Average Salary: $137,650 per year.
- Growth Trend: Salaries have shifted 13.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,010.
- Outlook: With a local workforce of 260 pharmacists and a Location Quotient of 0.73, the job market in West Central Illinois presents a stable, albeit slightly less concentrated, demand for these professionals compared to national averages. The presence of 1.553 jobs per 1,000 workers suggests consistent opportunities, making it a viable area for pharmacists seeking employment.
Salary Overview
The average Pharmacists in West Central Illinois nonmetropolitan area earns+1.1%above the national average.
$66.2
$2,647
$11,471
Pharmacists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that pharmacist salaries in West Central Illinois have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, evolving pharmaceutical practices, and inflation likely contribute to an upward trajectory in compensation for these vital healthcare providers.
Pharmacists Salary Distribution in West Central Illinois nonmetropolitan area
The career path for pharmacists in West Central Illinois offers significant earning potential as experience is gained. Entry-level positions typically command lower salaries, while senior pharmacists with extensive experience and specialized skills can expect to earn considerably more. The percentile gaps in salary distribution highlight clear opportunities for career progression and increased earning power within the region.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $94,830 | $45.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $103,238 | $49.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $138,050 | $66.4 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $172,063 | $82.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $166,010 | $79.8 |
Detailed Pharmacists Market Analysis
Relocation Context
Nominal Salary
$137,650
Gross Pay
Real Wage (Purchasing Power)
$137,650
Adjusted for COL (100)
The average annual salary of $137,650 in West Central Illinois aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a pharmacist's salary in this region is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to everyday expenses.
Job Market Context
260
Total Jobs
1.553
Per 1K Jobs
0.73
Location Quotient
West Central Illinois nonmetropolitan area has 0.73x 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.
The Location Quotient of 0.73 for pharmacists in West Central Illinois suggests that the concentration of these professionals is slightly below the national average. This indicates a potentially less saturated market, which could translate to more readily available opportunities for qualified individuals and potentially stronger negotiation power for those seeking employment.
Nearby Job Markets
Nearby Cities for Pharmacists
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Pharmacists Salary | $132,690↓ 4% | 9 mi |
| Decatur, IL Pharmacists Salary | $134,440↓ 2% | 34 mi |
| Champaign-Urbana, IL Pharmacists Salary | $133,710↓ 3% | 41 mi |
| Peoria, IL Pharmacists Salary | $134,540↓ 2% | 43 mi |
| Springfield, IL Pharmacists Salary | $133,030↓ 3% | 53 mi |
Comparing salaries near West Central Illinois nonmetropolitan area
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Frequently Asked Questions
How much does a Pharmacists make in West Central Illinois nonmetropolitan area?
The median annual salary for a Pharmacists in West Central Illinois nonmetropolitan area is $137,650. This typically ranges from $94,830 for entry-level positions to $166,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Central Illinois nonmetropolitan area is 1.1% higher than the national median of $136,140.
Is West Central Illinois nonmetropolitan area a lucrative place for Pharmacists?
Yes, it offers competitive compensation.Pharmacists in this region earn slightly above the national average salary, with a cost of living that matches the national average, making it financially attractive.
Is West Central Illinois nonmetropolitan area a good place to live for Pharmacists?
The Cost of Living Index in West Central Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Central Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($132,690) and Decatur, IL.
How does the pharmacist salary in West Central Illinois compare to the national average?
The average annual salary for pharmacists in West Central Illinois is $137,650, which is slightly higher than the national average of $136,140.
What is the Cost of Living in West Central Illinois for pharmacists?
The Cost of Living Index in West Central Illinois is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the country.
How concentrated is the pharmacist job market in West Central Illinois?
The Location Quotient of 0.73 suggests that the concentration of pharmacists is slightly lower than the national average, implying a potentially less competitive job market.
What is the total number of pharmacists in West Central Illinois?
There are approximately 260 pharmacists employed in the West Central Illinois nonmetropolitan area.
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 West Central Illinois nonmetropolitan area area with a job density of 1.553 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 West Central Illinois nonmetropolitan area