Pharmacist Salary in Mount Prospect, IL: $142,074 (2026)
Quick Answer:A full-time pharmacist in Mount Prospect, IL earns a median $142,074/year (≈ $68.31/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1051). Once you factor in Mount Prospect's price level (3% below national, BEA RPP 97.1), that paycheck buys what $146,317 would nationally. Nominal pay sits 0.0% above the Illinois state average.
Based on BLS state-level estimates · View source
With a 2026 median annual salary projected at $142,074, pharmacists in Mount Prospect, IL, are positioned competitively in the local job market, especially when compared to the national median of $143,489. The salary range reflects a significant variance in compensation, with figures spanning from $97,137 (P10) to $172,817 (P90), indicating a diverse landscape of roles. Data derived from 2025 BLS estimates and adjusted for regional price parity underscores the financial prospects for pharmacists in this area. Given the shifting dynamics within healthcare, particularly in hospital and specialty sectors, those with residency training may command a premium, which ultimately influences their earning potential and job stability in a changing employment environment.
About the Mount Prospect Market
Salary estimated from Illinois average ($132,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $97,137 | $46.70 |
| Lower Range (P25) | $127,155 | $61.13 |
| Median (P50)(typical) | $142,074 | $68.31 |
| Upper Range (P75) | $162,529 | $78.13 |
| Top Earners (P90) | $172,817 | $83.08 |
Median Salary Position
0.99% below the national average
2026 Salary Percentile Distribution in Mount Prospect
In Mount Prospect, IL, the pharmacist salary spread from the 10th to 90th percentile is $75,680 (2026 est.). At $142,074, the local median is 0.99% below the national median of $143,489.
Salary Calculator
At 40 hours/week in Mount Prospect: You'd be above the median
How Mount Prospect Pharmacist Pay Compares
Mount Prospect median: $142,074/year (2026)
| Compared To | Median Salary | Mount Prospect Pays |
|---|---|---|
| National Average | $143,489 | -0.99% less |
Pharmacists in Mount Prospect, IL earn a median of $142,074 per year (2026 est.), which is 0.99% lower than the national median of $143,489.
Cost-of-Living Adjusted Salary
Mount Prospect has a cost of living 2.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Mount Prospect, IL has a cost-of-living index of 97.1 (below the national average of 100). A pharmacist earning $142,074 nominally has purchasing power equivalent to $146,317 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$126,827
2025 BLS Actual
$139,521
2026 Current Est.
$142,074
2019–2027 Growth
+14.1%
Salary Trajectory for Pharmacists in Mount Prospect (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $126,827 | Actual |
| 2020 | $127,441 | Actual |
| 2021 | $127,303 | Actual |
| 2022 | $131,441 | Actual |
| 2023 | $134,689 | Actual |
| 2024 | $128,114 | Actual |
| 2025 | $139,521 | Actual |
| 2026(current) | $142,074 | Estimated |
| 2027 | $144,674 | Projected |
Based on 7 years of BLS OEWS data for the Mount Prospect metropolitan area, the median pharmacist salary grew 10.0% from $126,827 (2019) to $139,521 (2025). At a 1.83% compound annual growth rate, salaries are projected to reach $144,674 by 2027 — a total increase of $17,847 (14.07%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Mount Prospect 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $97,137 – $127,155 |
| 3-5 years (Mid Career) | $127,155 – $142,074 |
| 5+ years (Experienced) | $142,074 – $162,529 |
| 10+ years (Top Earner) | $162,529 – $172,817 |
PharmD salary ranges estimated from BLS percentile data. Individual pharmacist compensation varies by employer, certifications, and specialization.
Pharmacist Job Market in Mount Prospect
While the pharmacist salary in Mount Prospect showcases an appealing median, the local market’s strength is further illuminated by the limited number of employed pharmacists, currently pegged at just 13. This scarcity often creates competitive advantages for skilled practitioners, particularly in high-paying settings like hospital inpatient pharmacies or specialty operations, where pay is generally higher than that of retail pharmacy chains like CVS and Walgreens. The cost of living index in Mount Prospect stands at 97.1, slightly below the national average, hinting at favorable conditions for take-home pay compared to the overall economic landscape. To maximize pharmacist pay in Mount Prospect IL, aspiring pharmacists should consider pursuing board certifications or PGY-1 residency training, which can help them stand out in hospital roles. Additionally, seeking opportunities that offer shift differentials or specialty stipends can further enhance overall compensation in this evolving market.
More salary data for Mount Prospect, IL:
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $139,521 for pharmacistsin the Mount Prospect metropolitan area. A 1.83% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Mount Prospect 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