Pharmacist Hourly Pay in New Albany, IN: $67.99 (2026)
Quick Answer:Hourly pay for a pharmacist working in New Albany, IN runs $67.99 at the median for 2026 — annualizing to $141,425 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-1051). Weighted against New Albany's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $74.47 nationally would. A 24-hour part-time schedule grosses $84,854 per year.
Based on BLS state-level estimates · View source
In New Albany, Indiana, the pharmacist hourly pay stands at $67.99, slightly below the national median of $68.99. This rate offers compelling compensation for both full-time and part-time pharmacists working in various settings, such as retail pharmacies, hospital IV rooms, and specialty pharmacies. For part-time pharmacists committing to a typical three-day workweek, this hourly wage translates into a solid income, allowing for desirable work-life balance. Entry-level positions start at approximately $49.57, with seasoned professionals earning as much as $82.68 hourly. These figures are based on estimated annual salary data and reflect the diverse opportunities available to pharmacists who may work in mail-order operations or ambulatory care clinic exam rooms in New Albany.
About the New Albany Market
Salary estimated from Indiana average ($128,000) adjusted for local cost of living.
Pharmacist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $49.57 | $396.57 |
| Lower Range (P25) | $63.22 | $505.73 |
| Median (P50) | $67.99 | $543.94 |
| Upper Range (P75) | $77.89 | $623.12 |
| Top Earners (P90) | $82.68 | $661.41 |
Estimated Annual Income by Work Schedule in New Albany
Based on $67.99/hr median hourly rate · 2026 est.
At $67.99/hr, a pharmacist working full-time (40 hr/wk) in New Albany, IN can expect to earn approximately $141,423 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $81,590. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in New Albany.
Hourly Rate Calculator
Schedule Comparison in New Albany
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,719.68 | $11,785 | $141,423 |
| Part-Time (24 hrs) | $1,631.81 | $7,071 | $84,854 |
| Per Diem (16 hrs) | $1,087.87 | $4,714 | $56,569 |
Compare PharmD Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Pharmacist (New Albany) | $67.99 |
| Pharmacy Technician (National Avg) | $19.27 |
| Registered Nurse (National Avg) | $42.80 |
| Physician Assistant (National Avg) | $63.17 |
| Nurse Practitioner (National Avg) | $60.81 |
Pharmacists in New Albany, IN earn a median of $141,425 per year (2026 est.), which is 1.44% lower than the national median of $143,489 and 3.50% below the Indiana state average of $146,554.
Pharmacist Hourly Pay vs. Cost of Living
Working 24h/week at $67.99/hr = $84,854/year (purchasing power: $92,940).
Working 40h/week (full-time) = $141,423/year (purchasing power: $154,899).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$60.70/hr
2025 BLS Actual
$66.77/hr
2026 Current Est.
$67.99/hr
2019–2027 Growth
+14.1%
Hourly Rate Trajectory for Pharmacists in New Albany (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $60.70/hr | Actual |
| 2020 | $60.99/hr | Actual |
| 2021 | $60.92/hr | Actual |
| 2022 | $62.90/hr | Actual |
| 2023 | $64.46/hr | Actual |
| 2024 | $54.24/hr | Actual |
| 2025 | $66.77/hr | Actual |
| 2026(current) | $67.99/hr | Estimated |
| 2027 | $69.24/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for pharmacists in New Albany grew 10.0% from $60.70/hr (2019) to $66.77/hr (2025). At a 1.83% projected growth rate, hourly pay is expected to reach $69.24/hr by 2027. Part-time and per-diem pharmacists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the New Albany metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.83% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Pharmacist in New Albany
When considering the potential earnings in part-time roles, a pharmacist working 24 hours a week would bring home significantly less than their full-time counterparts, yet still benefit from a healthy hourly wage. Per-diem pharmacist pay in New Albany varies, with retail pharmacists typically billing between $55 and $75 per hour, while hospital clinical pharmacological roles may offer $60 to $85. In specialty fields, per-diem rates can reach $70 to $95 hourly. The choice of where to work plays a vital role in determining daily wages; retail chains like CVS and Walgreens, as well as hospitals and specialty pharmacies, often have differing compensation structures. Some pharmacists opt for positions offering lower hourly rates in exchange for health benefits, seeking a balance between income and job security. Practical negotiation tips include understanding the differences in pay rates among various employer types in New Albany and advocating for compensation that reflects the pharmacist's skills and local market conditions.
More salary data for New Albany, IN:
Frequently Asked Questions
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Written by Sofia Chen, PharmD
Career Analyst
Sofia Chen has 10 years of experience in community pharmacy. She specializes in medication therapy management.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 1.83% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for pharmacists in New Albany. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for New Albany is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.83%, derived from historical BLS wage trends for pharmacists (SOC 29-1051).
Compiled and verified by Sofia Chen, PharmD, a licensed pharmacist with 10+ years of clinical experience. · View source data at BLS.gov