Pharmacy technicians are in high demand in Chicago, so a pharmacist salary in Chicago is competitive.
According to the Bureau of Labor Statistics, the average annual salary for pharmacists was $124,400 in 2016. This number varies depending on experience and location. For example, pharmacists working in Illinois earned an average of $128,000 per year in 2016. The most lucrative employers are those that offer specialized services such as hospital or school systems; these positions can pay up to $300,000 annually.
In addition to salary, pharmacists can expect several benefits from their employers. These include health insurance and retirement plans. Many companies offer tuition reimbursement programs for continuing education courses offered by accredited universities.
Pharmacist Salary In Chicago
With a median salary of $121,000 per year, pharmacists in Chicago earn more than the national average for this position. The best-paid pharmacists work in the following industries: retail trade; wholesale trade; manufacturing. Pharmacists with a master’s degree make an average of $138,000 annually. Those who hold a doctoral degree earn an average of $142,000 per year.
Pharmacist Salary In Chicago
How much does a Hospital Pharmacist make in Chicago, Illinois?
As of Aug 6, 2022, the average annual pay for a Hospital Pharmacist in Chicago is $131,250 a year. Just in case you need a simple salary calculator, that works out to be approximately $63.10 an hour. This is the equivalent of $2,524/week or $10,937/month.
While ZipRecruiter is seeing salaries as high as $168,615 and as low as $89,448, the majority of Hospital Pharmacist salaries currently range between $111,038 (25th percentile) to $140,340 (75th percentile) with top earners (90th percentile) making $155,762 annually in Chicago.
The average pay range for a Hospital Pharmacist varies greatly (as much as $29,302), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
Based on recent job postings on ZipRecruiter, the Hospital Pharmacist job market in both Chicago, IL and the surrounding area is very active.
To estimate the most accurate annual salary range for Hospital Pharmacist jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.
Find your next high paying job as a Hospital Pharmacist on ZipRecruiter today.
What are Top 5 Best Paying Related Hospital Pharmacist Jobs in Chicago
We found a few jobs that pay more than jobs in the Hospital Pharmacist category in Chicago, IL.
For example Clinical Staff Pharmacist jobs pay as much as $11,139 (8.5%) more than the average Hospital Pharmacist salary of $131,250. If you’re qualified, finding work as a Clinical Staff Pharmacist may help you make more money than that of the average Hospital Pharmacist position.
| Job Title | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
|---|---|---|---|---|
| Clinical Staff Pharmacist | $142,389 | $11,866 | $2,738 | $68.46 |
| Clinical Pharmacist Specialist | $139,917 | $11,660 | $2,691 | $67.27 |
| Neonatal Pharmacist | $131,317 | $10,943 | $2,525 | $63.13 |
| Pharmacists | $129,508 | $10,792 | $2,491 | $62.26 |
| Pharmacist IN Charge | $129,259 | $10,772 | $2,486 | $62.14 |
How much does a Doctor of Pharmacy in Chicago, IL make?
The average Doctor of Pharmacy in Chicago, IL makes $105,240, 11% above the national average Doctor of Pharmacy salary of $94,634. This pay is 6% lower than the combined average salaries of other metros Washington, DC, Denver and New York.
Chicago Average
$105,24011% VS US AVERAGE
$30,182$288,239
Base Salary
$105,240
Bonus
N/A
Get Bonus
N/A
U.S. Average
$94,634
$18,058$478,359
Base Salary
$94,634
Bonus
N/A
Get Bonus
N/A
Does your company give annual bonuses?
Yes
Salary Ranges for Doctors of Pharmacy in Chicago, IL
The salaries of Doctors of Pharmacy in Chicago, IL range from $30,182 to $288,239 , with a median salary of $99,903 . The middle 57% of Doctors of Pharmacy makes between $99,996 and $160,282, with the top 86% making $288,239.
How much tax will you have to pay as a Doctor of Pharmacy in Chicago, IL
For an individual filer in this tax bracket, you would have an estimated average federal tax in 2018 of 24% and an added Illinois state tax of 4.95%of federal taxes.. After the combined taxes have been taken out, Doctors of Pharmacy could expect to have a take-home pay of $84,726/year, with each paycheck equaling approximately $3,530*.
* assuming bi-monthly pay period. Taxes estimated using tax rates for a single filer using 2018 federal and state tax tables. Metro-specific taxes are not considered in calculations. This data is intended to be an estimate, not prescriptive financial or tax advice.
Quality of Life for Doctor of Pharmacy
With a take-home pay of roughly $7,060/month, and the median 2BR apartment rental price of $1,269/mo** in Chicago, IL, a Doctor of Pharmacy would pay 17.97% of their monthly take-home salary towards rent. The average income spent on cost of living excluding rent within Chicago per month for an individual is $967 , and for a 4-person family $3,551***. This means for an individual, total cost of living is 31.66% of a Doctor of Pharmacy in Chicago’s salary leaving $4,825 as discretionary income ; whereas for a family of 4, total cost of living is 68.27% of a Doctor of Pharmacy in Chicago’s salary leaving $2,240 as discretionary income. When considering cost of living, this places Chicago, IL as 2nd out of the 4 largest nearby metros in terms of quality of life for Doctors of Pharmacy**.
** This rental cost was derived according to an online report at Apartment List
*** Average cost of living was acquired from Numbeo’s Cost of Living Index
See Doctors of Pharmacy Salaries in Other Areas
Doctors of Pharmacy in Washington, DCDoctors of Pharmacy in Long Beach, CADoctors of Pharmacy in Indianapolis, INDoctors of Pharmacy in Pittsburgh, PADoctors of Pharmacy in Milwaukee, WIDoctors of Pharmacy in Aurora, CODoctors of Pharmacy in Louisville, KYDoctors of Pharmacy in Laredo, TXDoctors of Pharmacy in Anchorage, AKDoctors of Pharmacy in Garland, TX
