Average Pharmacy Technicians Salary in Madison, WI
Pharmacy Technicians in Madison, WI, earn an average annual salary of $45,350, slightly exceeding the national average of $44,160. This favorable compensation is influenced by the specific demands and economic conditions within the Madison metropolitan area, reflecting a localized premium for skilled healthcare support professionals.
Executive Summary
- Average Salary: $45,350 per year.
- Growth Trend: Salaries have shifted 18.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,910.
- Outlook: With a local workforce of 1,320 Pharmacy Technicians and a Location Quotient of 1.03, Madison demonstrates a healthy and slightly above-average concentration of these roles. The figure of 3.263 jobs per 1,000 workers indicates a stable demand for qualified technicians, suggesting a robust job market for this profession within the city.
Salary Overview
The average Pharmacy Technicians in Madison, WI earns+2.7%above the national average.
$21.8
$872
$3,779
Pharmacy Technicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Pharmacy Technician salaries in Madison, WI, have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing healthcare needs, and advancements in pharmacy services likely contribute to a gradual upward trajectory in compensation for these essential workers.
Pharmacy Technicians Salary Distribution in Madison, WI
Salary progression for Pharmacy Technicians in Madison, WI, typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior technicians with specialized skills or supervisory responsibilities can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $36,780 | $17.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $34,013 | $16.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $43,580 | $21 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $56,688 | $27.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $54,910 | $26.4 |
Detailed Pharmacy Technicians Market Analysis
Relocation Context
Nominal Salary
$45,350
Gross Pay
Real Wage (Purchasing Power)
$45,350
Adjusted for COL (100)
The average annual salary of $45,350 in Madison, WI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Pharmacy Technician's salary in Madison is equivalent to the national standard, offering stability for those considering a move to the area.
Job Market Context
1,320
Total Jobs
3.263
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, Madison, WI has a slightly higher-than-average concentration of Pharmacy Technicians roles compared to the national norm.
Madison, WI's Location Quotient of 1.03 suggests a job market for Pharmacy Technicians that is very close to the national average in terms of concentration. While not indicating an exceptionally high demand or scarcity, this figure implies a balanced market where opportunities are present and competition is likely moderate, making it a stable environment for employment.
Nearby Job Markets
Nearby Cities for Pharmacy Technicians
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Pharmacy Technicians Salary | $41,970↓ 7% | 33 mi |
| Rockford, IL Pharmacy Technicians Salary | $41,530↓ 8% | 59 mi |
| Fond du Lac, WI Pharmacy Technicians Salary | $41,940↓ 8% | 68 mi |
| Milwaukee-Waukesha, WI Pharmacy Technicians Salary | $44,250↓ 2% | 72 mi |
| Oshkosh-Neenah, WI Pharmacy Technicians Salary | $42,550↓ 6% | 77 mi |
Comparing salaries near Madison, WI
Hiring Pharmacy Technicianss?
Frequently Asked Questions
How much does a Pharmacy Technicians make in Madison, WI?
The median annual salary for a Pharmacy Technicians in Madison, WI is $45,350. This typically ranges from $36,780 for entry-level positions to $54,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 2.7% higher than the national median of $44,160.
Is Madison, WI a lucrative place for Pharmacy Technicians?
Yes, Madison, WI offers competitive compensation for Pharmacy Technicians.Pharmacy Technicians in Madison earn slightly above the national average salary, and the cost of living is on par with the national average, indicating good earning potential.
Is Madison, WI a good place to live for Pharmacy Technicians?
The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Madison, WI?
Some top paying nearby cities include Janesville-Beloit, WI ($41,970) and Rockford, IL.
What is the average salary for a Pharmacy Technician in Madison, WI?
The average annual salary for a Pharmacy Technician in Madison, WI is $45,350.
How does Madison's cost of living compare to the national average?
Madison, WI has a Cost of Living Index of 100, which is exactly the national average.
Is the job market for Pharmacy Technicians strong in Madison, WI?
The job market is stable, with a concentration slightly above the national average (LQ of 1.03) and a healthy number of jobs per 1,000 workers.
How many Pharmacy Technicians work in Madison, WI?
There are approximately 1,320 Pharmacy Technicians employed in Madison, WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,320 employees in the Madison, WI area with a job density of 3.263 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Pharmacy Technicians • Data source: BLS OEWS 2024 •Jobs in Madison, WI