The annual salary statistics of pharmacists in Indianapolis-Carmel, Indiana is shown in Table 1. The wage information of pharmacists in Indianapolis-Carmel is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $96,990 |
| 25th Percentile Wage | $110,900 |
| 50th Percentile Wage | $127,700 |
| 75th Percentile Wage | $139,870 |
| 90th Percentile Wage | $156,330 |
Table 1 shows the average annual salary for pharmacists in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $156,330. The median (50th percentile) annual salary is $127,700. The average annual salary for the bottom 10 percent earners is $96,990.
The table and chart below show the trend of the median salary of pharmacists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $127,700 | -0.78% | 13.77% |
| 2021 | $128,690 | -0.24% | - |
| 2020 | $129,000 | 4.25% | - |
| 2019 | $123,520 | 1.25% | - |
| 2018 | $121,980 | 0.98% | - |
| 2017 | $120,790 | -0.49% | - |
| 2016 | $121,380 | 2.55% | - |
| 2015 | $118,280 | 1.53% | - |
| 2014 | $116,470 | 2.70% | - |
| 2013 | $113,330 | 2.83% | - |
| 2012 | $110,120 | - | - |
From Table 3 we note that the median annual salary of $127,700 in Indianapolis-Carmel is in the middle of salary range for pharmacists in state of Indiana. In comparison, the annual salary of pharmacists in Indianapolis-Carmel is 7.7 percent (7.7%) lower than that in the highest paying Elkhart-Goshen and 13.0 percent (13.0%) higher than that in the lowest paying Anderson.
| Cities/Areas | Median Annual Salary |
|---|---|
| Elkhart-Goshen | |
| Fort Wayne | |
| Northern Indiana nonmetropolitan area | |
| Central Indiana nonmetropolitan area | |
| Southern Indiana nonmetropolitan area | |
| Terre Haute | |
| Bloomington | |
| Lafayette-West Lafayette | |
| Kokomo | |
| Michigan City-La Porte | |
| Columbus | |
| Indianapolis-Carmel | |
| Muncie | |
| Gary | |
| Lafayette | |
| Anderson |