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Pharmacists Salary in Madison, WI

BLS Official DataUpdated 2025-05-31
Median Annual

$158,120

Mean: $145,450

~$123,334 est. take-home

Hourly Rate

$76.02

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

A

Very affordable

Affordability score: 100/100

Monthly surplus

$7,546/mo

Savings rate

75%

Pharmacists salary in Madison, WI — median $158,120/year, range $130,000-$169,980

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$130,000

Median

$158,120

75th %

$169,980

Median is in the 70th percentile of the typical range

Pharmacists in other WI cities

Compare the same occupation across cities in WI.

About Pharmacists salaries in Madison, WI

Pharmacists in Madison, WI earn a median of $158,120 per year, based on BLS Occupational Employment and Wage Statistics data. The mean salary is $145,450, which tends to skew higher because a small number of high earners pull the average up.

Most pharmacists in this area earn between $130,000 and $169,980. Where you land depends on experience, employer type, and whether you have in-demand specializations.

That works out to roughly $76.02 per hour assuming a standard 2,080-hour work year. Actual hourly pay may differ for part-time or contract roles.

Career Outlook

3% growthAs fast as average (BLS 2024–2034)

3% growth. The job has changed — automated dispensing handles the routine work now. Pharmacists are spending more time on clinical tasks: medication therapy management, immunizations, and patient consultations. Hospital pharmacists have more upward mobility than retail.

Worth knowing: Retail pharmacy salaries have flattened, but clinical pharmacists in hospital systems and specialty areas (oncology, infectious disease) still see steady raises. Board certification in a specialty can add $15K+.

Frequently Asked Questions

What is the average salary for a pharmacists in Madison?

The median — where half earn more and half earn less — is $158,120. The average (mean) is $145,450, which is higher because top earners pull it up.

How much does a pharmacists make per hour in Madison?

About $76.02/hour, based on a standard 2,080-hour work year. Part-time or overtime hours will change the actual rate.

What is the salary range for pharmacists in Madison?

The middle 50% earn between $130,000 and $169,980. Below $130,000 is typically entry-level; above $169,980 usually means significant experience or specialized skills.

Salary Conversion Table

How does $158,120 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$158,120$123,334
Monthly$13,177$10,278
Biweekly$6,082$4,744
Weekly$3,041$2,372
Hourly (40h/wk)$76.02$59.3
Hourly (35h/wk)$86.88$67.77
Hourly (30h/wk)$101.36$79.06
Daily (8h)$608$474

Take-home estimates use an effective tax rate of 22%. Actual amounts vary by filing status, deductions, and state tax.

Pharmacists: Highest-Paying Cities in the U.S.

Top 10 cities nationwide for pharmacists, based on BLS median salary data.

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