The annual salary statistics of pharmacists in Lafayette-West Lafayette, Indiana is shown in Table 1. The wage statistics of pharmacists in Lafayette-West Lafayette 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 | $35,840 |
| 25th Percentile Wage | $106,660 |
| 50th Percentile Wage | $129,010 |
| 75th Percentile Wage | $136,820 |
| 90th Percentile Wage | $150,380 |
Table 1 shows the average annual salary for pharmacists in Lafayette-West Lafayette, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $150,380. The median (50th percentile) annual salary is $129,010. The average annual salary for the bottom 10 percent earners is $35,840.
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 | $129,010 | 6.15% | 14.11% |
| 2021 | $121,070 | 4.42% | - |
| 2020 | $115,720 | -4.93% | - |
| 2019 | $121,430 | 1.80% | - |
| 2018 | $119,250 | 3.75% | - |
| 2017 | $114,780 | 3.46% | - |
| 2016 | $110,810 | 0.33% | - |
| 2015 | $110,440 | -0.34% | - |
| 2012 | $110,810 | - | - |
From Table 3 we note that the median annual salary of $129,010 in Lafayette-West Lafayette is in the middle of salary range for pharmacists in state of Indiana. In comparison, the annual salary of pharmacists in Lafayette-West Lafayette is 6.8 percent (6.8%) lower than that in the highest paying Elkhart-Goshen and 13.9 percent (13.9%) 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 |