Pharmacist Salary

Entry-Level Pharmacist Salary in Ottumwa, IA: $103,374 (2026)

Quick Answer:New pharmacists entering the Ottumwa, IA job market in 2026 can expect a starting salary around $103,374 (BLS 10th-percentile benchmark for SOC 29-1051, projected from 2025 OEWS data). Stripping out Ottumwa's local price level (BEA RPP 90.410% below national), a first-year paycheck buys what $114,352 would in average-cost America. Most reach the city median ($132,755) within a few years of clinical practice.

$103,374
Starting Salary
$49.70/hr
Starting Hourly
$103,374
Entry Level
$132,755
Career Median Target

Based on BLS state-level estimates · View source

Pharmacist Entry Level Salary in Ottumwa, IA — 2026 est., based on 2025 BLS
Ottumwa, IA pharmacist entry level salary overview (2026 est., based on 2025 BLS)

For recent graduates embarking on their pharmacy careers in Ottumwa, Iowa, the starting pharmacist salary is projected at $103,374 in 2026. This figure is notably lower than the median salary of $132,755, presenting a gap that entry-level pharmacists can expect to close as they gain experience. New pharmacists will likely see growth from the starting salary through the first few years in their roles, potentially reaching around $127,503 within three to five years. Given the current hiring trends, Ottumwa appears to be a viable market for new grads, particularly with opportunities available in both retail and hospital settings. Understanding this starting pay structure will help new graduates set realistic expectations and better prepare for their job search and career trajectory.

About the Ottumwa Market

Salary estimated from Iowa average ($130,000) adjusted for local cost of living.

Career Earnings Timeline in Ottumwa

Year 0-2

New Graduate

$103,374/yr
Year 2-5

Early Career

$127,503/yr
Year 5-10

Mid Career

$132,755/yr
Year 10+

Experienced

$148,885/yr

Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.

2026 Salary Percentile Distribution in Ottumwa

Vertical bar chart of 10th through 90th percentile salaries for pharmacists in Ottumwa. The median salary is $132,755, compared to the national median of $143,489.$93.0K$110.5K$127.9K$145.4K$162.8K$103.4K10th Pctl$127.5K25th Pctl$132.8KMedian$148.9K75th Pctl$155.1K90th PctlUS Median$143.5K

Entry-level pharmacists in Ottumwa, IA typically start between $103,374 and $127,503 per year (2026 est.). The full salary range spans $51,712 from the 10th to 90th percentile, with the local median at $132,7557.48% below the national median.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of pharmacist pay in the Ottumwa metro area.

Return on Investment

$130,000
Avg IA Program Cost
$103,374
Starting Salary
125.76%
Cost-to-Salary Ratio
1.3 yr
Payback Estimate

The average pharmacy program cost in Iowa of $130,000 represents just 125.76% of the starting pharmacist pay ($103,374/year) in Ottumwa. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.

Program cost estimates based on ACPE-accredited PharmD program data and AACP tuition survey reports. Tuition-only averages; actual costs vary significantly by institution type (public in-state vs. private).

PharmD Salary Negotiation Tips for New Graduates in Ottumwa

  • 1Research the Ottumwa market: entry-level pharmacist pay ranges from $103,374 to $127,503, so aim for at least the 25th percentile if you have strong credentials.
  • 2Highlight any additional certifications or specialty training within the pharmacy field — employers in IA often pay a premium for expanded scope of work.
  • 3Evaluate the full compensation package — in Ottumwa, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
  • 4Consider starting with a larger hospital system or multi-site employer in Ottumwa for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5Ottumwa's below-average cost of living means your starting salary goes further here compared to many larger metro areas.

Pharmacist Compensation Range

The pharmacist wage spread in Ottumwa is $51,712 ( 50.02%) between entry-level and top earners. Starting at $103,374, experienced hygienists can earn up to $155,086.

Represents the current salary spread across experience levels, not projected career growth rate.

2019 BLS Actual

$90,382

2025 BLS Actual

$101,516

2026 Current Est.

$103,374

2019–2027 Growth

+16.5%

Salary Trajectory for Pharmacists in Ottumwa (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.

BLS Actual Estimated Projected
Salary trajectory chart for pharmacists in Ottumwa. Baseline $90,382 in 2025, projected to $105,265 by 2027.$71.0K$81.0K$91.0K$101.0K$111.0K2019202020212022202320242025202620272025 BLS$90.4K$87.1K$78.6K$81.7K$92.0K$76.7K$101.5K$103.4K$105.3K
YearAnnual SalaryStatus
2019$90,382Actual
2020$87,120Actual
2021$78,563Actual
2022$81,742Actual
2023$91,997Actual
2024$76,730Actual
2025$101,516Actual
2026(current)$103,374Estimated
2027$105,265Projected

Entry-level pharmacist compensation (10th percentile) in Ottumwa, IA grew 12.3% over 7 years based on actual BLS metropolitan area surveys, rising from $90,382 in 2019 to $101,516 in 2025. By 2027, starting salaries are projected to reach $105,265. New graduates entering the Ottumwa job market can expect continued year-over-year gains.

Note: Historical values (20192025) are actual BLS OEWS figures for the Ottumwa metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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.

Starting Your pharmacy Career in Ottumwa

In Ottumwa, various employers actively recruit new pharmacists, including hospital systems offering PGY-1 residencies and retail chains that are the primary source of non-residency roles. Retail employers often provide sign-on bonuses, although these have been reduced compared to the peaks of 2021-2022. In terms of credentials, obtaining a PharmD from an ACPE-accredited program, passing the NAPLEX and MPJE exams, and securing a state pharmacist license are essential for new pharmacists. Candidates may also further enhance their employment prospects through PGY-1 or PGY-2 residencies and pursuing BPS board certifications in specialties. The evolving pharmacy landscape emphasizes the need for adaptability, as retail pharmacy markets are consolidating while hospital and specialty pharmacy roles are expanding. Given this context, entry-level pharmacists in the first one to three years can anticipate competitive growth in salary as they refine their skills and explore diverse career paths in this dynamic field.

Frequently Asked Questions

What is the starting salary for pharmacists in Ottumwa in 2026?

Entry-level pharmacists in Ottumwa start at approximately $103,374/year (10th percentile), based on estimated 2026 salary (projected from 2025 BLS data at 1.83% annual growth). This is the typical range for new graduates with less than 1 year of clinical experience. The starting hourly equivalent is approximately $49.70/hour for full-time work. Starting pay depends on the practice type (private vs. large organization), patient volume, location within the metro area, and whether the position includes benefits.

How fast do pharmacist salaries grow in Ottumwa?

Most pharmacists in Ottumwa progress from the entry-level salary of $103,374 to the area median of $132,755 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $155,086 (90th percentile). The biggest salary jumps typically come in years 2–5 as clinical skills develop, and again when obtaining advanced certifications or expanded-function credentials. Salary growth after 10 years tends to plateau unless moving into management or education roles.

Is pharmacy school worth it in Ottumwa?

With a starting salary of $103,374/year in Ottumwa and typical program costs ranging from $20,000–$80,000 for the required degree, graduates can expect a strong return on investment. Most new pharmacists recoup their tuition within 1–3 years of working full-time. The profession also offers excellent work-life balance, flexible scheduling, low unemployment rates, and growing demand driven by an aging population's care needs.

What do new pharmacists make right out of school in Ottumwa?

New pharmacy graduates in Ottumwa typically start near the 10th percentile at $103,374/year, or approximately $49.70/hour. Starting pay varies based on the practice type, patient volume, geographic location within the metro area, and whether the compensation package includes benefits like health insurance and retirement contributions. Graduates with internships at high-production practices often secure higher starting offers.

How do I become a pharmacist in Iowa?

To become a licensed pharmacist in Iowa, you typically need doctor of pharmacy (pharmd) degree is required to practice as a pharmacist., then pass the required national and state licensing examinations. Most states, including Iowa, also require a clinical licensing exam. After obtaining licensure, you must maintain it through continuing education credits. Some pharmacists pursue advanced degrees for career advancement into education, research, or public health roles.

Related Pages

Nearby Cities in Iowa

SC

Written by Sofia Chen, PharmD

Career Analyst

Sofia Chen has 10 years of experience in community pharmacy. She specializes in medication therapy management.

Clinically reviewed by Liam Patel, PharmDData verified by Amina Al-Sayed, PharmD

Methodology & Data Source

Entry-level 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 10th percentile (entry-level) is used as the starting salary benchmark for new pharmacy graduates. A 1.83% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Ottumwa. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.

Data Sources & Methodology

Salary data for Ottumwa is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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

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