Pharmacist Salary in Frankfort, KY: $135,417 (2026)
Quick Answer:A full-time pharmacist in Frankfort, KY earns a median $135,417/year (≈ $65.10/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1051). Once you factor in Frankfort's price level (11% below national, BEA RPP 89.3), that paycheck buys what $151,643 would nationally. Nominal pay sits 2.0% below the Kentucky state average.
Based on BLS state-level estimates · View source
Pharmacists in Frankfort, Kentucky can expect a median annual salary of $135,417 in 2026, reflecting a competitive wage compared to many regions across the country. The salary range for this profession varies significantly, with the lower end at $95,502 and the upper echelon reaching $168,519. These figures are based on estimates derived from BLS state-level data and BEA Regional Price Parities, indicating the area's economic context. It's particularly noteworthy that, compared to the national median salary of $143,489, pharmacists in Frankfort earn about 5.63% less, which could influence career decisions for those considering the location.
About the Frankfort Market
Salary estimated from Kentucky average ($125,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $95,502 | $45.92 |
| Lower Range (P25) | $123,096 | $59.18 |
| Median (P50)(typical) | $135,417 | $65.10 |
| Upper Range (P75) | $152,405 | $73.27 |
| Top Earners (P90) | $168,519 | $81.02 |
Median Salary Position
5.63% below the national average
2026 Salary Percentile Distribution in Frankfort
In Frankfort, KY, the pharmacist salary spread from the 10th to 90th percentile is $73,017 (2026 est.). At $135,417, the local median is 5.63% below the national median of $143,489.
Salary Calculator
At 40 hours/week in Frankfort: You'd be above the median
How Frankfort Pharmacist Pay Compares
Frankfort median: $135,417/year (2026)
| Compared To | Median Salary | Frankfort Pays |
|---|---|---|
| Kentucky Average | $138,180 | -2.00% less |
| National Average | $143,489 | -5.63% less |
Pharmacists in Frankfort, KY earn a median of $135,417 per year (2026 est.), which is 5.63% lower than the national median of $143,489 and 2.00% below the Kentucky state average of $138,180.
Cost-of-Living Adjusted Salary
Frankfort has a cost of living 10.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Frankfort, KY has a cost-of-living index of 89.3 (below the national average of 100). A pharmacist earning $135,417 nominally has purchasing power equivalent to $151,643 in an average-cost city — an effective 11.98% boost.
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2019 BLS Actual
$120,884
2025 BLS Actual
$132,983
2026 Current Est.
$135,417
2019–2027 Growth
+14.1%
Salary Trajectory for Pharmacists in Frankfort (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $120,884 | Actual |
| 2020 | $121,469 | Actual |
| 2021 | $121,337 | Actual |
| 2022 | $125,282 | Actual |
| 2023 | $128,378 | Actual |
| 2024 | $109,346 | Actual |
| 2025 | $132,983 | Actual |
| 2026(current) | $135,417 | Estimated |
| 2027 | $137,895 | Projected |
Based on 7 years of BLS OEWS data for the Frankfort metropolitan area, the median pharmacist salary grew 10.0% from $120,884 (2019) to $132,983 (2025). At a 1.83% compound annual growth rate, salaries are projected to reach $137,895 by 2027 — a total increase of $17,011 (14.07%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Frankfort 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) | $95,502 – $123,096 |
| 3-5 years (Mid Career) | $123,096 – $135,417 |
| 5+ years (Experienced) | $135,417 – $152,405 |
| 10+ years (Top Earner) | $152,405 – $168,519 |
PharmD salary ranges estimated from BLS percentile data. Individual pharmacist compensation varies by employer, certifications, and specialization.
Pharmacist Job Market in Frankfort
In the local job market, only six pharmacists are currently employed in Frankfort, highlighting a modest workforce that may contribute to potential job competition. With a cost of living index of 89.3, pharmacists in this region enjoy a relatively lower cost of living, enhancing their take-home purchasing power. However, the disparity in pay can be influenced by factors such as shifts to more lucrative hospital or specialty pharmacy roles, which typically require advanced training, including residency and board certifications. Employers like hospital inpatient pharmacies and specialty pharmacies often offer higher salaries due to the increased demand for clinical expertise—particularly as retail pharmacy chains, including CVS and Walgreens, continue to consolidate operations. To maximize earnings, pharmacists may benefit from pursuing additional certifications and training, seeking opportunities in clinical roles, and being adaptable to the evolution of the pharmacy profession in Frankfort, KY.
More salary data for Frankfort, KY:
Frequently Asked Questions
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Career Resources
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 $132,983 for pharmacistsin the Frankfort 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 Frankfort 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