Pharmacist Salary in Anderson, IN: $143,204 (2026)
Quick Answer:A full-time pharmacist in Anderson, IN earns a median $143,204/year (≈ $68.85/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1051). Once you factor in Anderson's price level (9% below national, BEA RPP 91.3), that paycheck buys what $156,850 would nationally. Nominal pay sits 2.3% below the Indiana state average.
Based on BLS state-level estimates · View source
Pharmacists in Anderson, Indiana, are projected to earn a median annual salary of $143,204 in 2026. This figure reflects the impact of post-2023 retail chain consolidation and the market's evolving dynamics. The salary range for pharmacists spans from $104,252 at the lower end (P10) to $182,484 at the higher end (P90). These figures are estimates derived from 2025 BLS data and adjusted for the local cost of living. Comparatively, the median salary for pharmacists nationwide is slightly higher at $143,489, revealing a modest disparity for those practicing in Anderson. With essential retail chains changing their operational landscape, the local job market is shaped by shifting demand and competitive pay structures in various pharmacy settings.
About the Anderson Market
Salary estimated from Indiana average ($128,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $104,252 | $50.12 |
| Lower Range (P25) | $132,923 | $63.91 |
| Median (P50)(typical) | $143,204 | $68.85 |
| Upper Range (P75) | $168,358 | $80.94 |
| Top Earners (P90) | $182,484 | $87.74 |
Median Salary Position
0.2% below the national average
2026 Salary Percentile Distribution in Anderson
In Anderson, IN, the pharmacist salary spread from the 10th to 90th percentile is $78,232 (2026 est.). At $143,204, the local median is 0.2% below the national median of $143,489.
Salary Calculator
At 40 hours/week in Anderson: You'd be above the median
How Anderson Pharmacist Pay Compares
Anderson median: $143,204/year (2026)
| Compared To | Median Salary | Anderson Pays |
|---|---|---|
| Indiana Average | $146,575 | -2.30% less |
| National Average | $143,489 | -0.20% less |
Pharmacists in Anderson, IN earn a median of $143,204 per year (2026 est.), which is 0.20% lower than the national median of $143,489 and 2.30% below the Indiana state average of $146,575.
Cost-of-Living Adjusted Salary
Anderson has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Anderson, IN has a cost-of-living index of 91.3 (below the national average of 100). A pharmacist earning $143,204 nominally has purchasing power equivalent to $156,850 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$127,835
2025 BLS Actual
$140,630
2026 Current Est.
$143,204
2019–2027 Growth
+14.1%
Salary Trajectory for Pharmacists in Anderson (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $127,835 | Actual |
| 2020 | $128,454 | Actual |
| 2021 | $128,315 | Actual |
| 2022 | $132,486 | Actual |
| 2023 | $135,760 | Actual |
| 2024 | $114,228 | Actual |
| 2025 | $140,630 | Actual |
| 2026(current) | $143,204 | Estimated |
| 2027 | $145,824 | Projected |
Based on 7 years of BLS OEWS data for the Anderson metropolitan area, the median pharmacist salary grew 10.0% from $127,835 (2019) to $140,630 (2025). At a 1.83% compound annual growth rate, salaries are projected to reach $145,824 by 2027 — a total increase of $17,989 (14.07%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Anderson 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) | $104,252 – $132,923 |
| 3-5 years (Mid Career) | $132,923 – $143,204 |
| 5+ years (Experienced) | $143,204 – $168,358 |
| 10+ years (Top Earner) | $168,358 – $182,484 |
PharmD salary ranges estimated from BLS percentile data. Individual pharmacist compensation varies by employer, certifications, and specialization.
Pharmacist Job Market in Anderson
In Anderson, the employment landscape for pharmacists is marked by a relatively small cohort of 11 professionals, which affects job competition and salary negotiations. The cost of living index in Anderson stands at 91.3, suggesting that pharmacists in this area enjoy a better purchasing power compared to many national counterparts, aiding their overall financial well-being. Primary employers include retail chains like CVS, Walgreens, and Walmart, as well as hospital pharmacies and specialty operations like Accredo. The variability in pay can often be attributed to the work setting, with hospital-based pharmacists typically commanding higher salaries due to additional responsibilities and certifications. For those wanting to maximize pharmacist pay in Anderson, pursuing board certifications, obtaining a PGY-1 residency, and considering roles in specialty care can be advantageous strategies. Additionally, staying informed on retail operational changes can help pharmacists leverage emerging opportunities effectively.
More salary data for Anderson, 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
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 $140,630 for pharmacistsin the Anderson 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 Anderson 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