Pharmacist Salary in Madison, WI

Pharmacists in the Madison, WI metro area earn a median $158,120 a year — 12% more than the national median. After 2026 taxes, that is $112,341 take-home, or $9,362 a month.

Median salary
$158,120
$76.02 per hour
Typical range
$112,140 – $169,980
10th to 90th percentile
Jobs in Madison, WI
1,120
1.32× national concentration

Take-home pay calculator

Pre-filled with the median pharmacist salary in Madison, WI. Enter your own offer to see your paycheck.

Pharmacist in Madison, WI
Deductions, kids & local tax

2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

Your take-home pay
$112,341
per year · effective tax rate 29.0%
$9,362Monthly
$4,681Twice a month
$4,321Every 2 weeks
$54.01Hourly
  • Federal income tax$26,683
  • Social Security (6.2%)$9,803
  • Medicare (1.45%)$2,293
  • Wisconsin income tax$7,000
  • Take-home pay$112,341

Marginal rate: 24% federal + 5.30% state

Pharmacist pay by experience in Madison, WI

PercentileSalaryHourlyTake-home / yrPer month
10th percentile (entry level)$112,140$53.91$83,158$6,930
25th percentile$130,000$62.50$94,612$7,884
Median (50th)$158,120$76.02$112,341$9,362
75th percentile$169,980$81.72$119,819$9,985
90th percentile (top earners)$169,980$81.72$119,819$9,985

Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Wisconsin resident, 2026 tax rules.

What $158,120 buys in Madison, WI

Prices in Madison, WI are 2.7% lower than the U.S. average (housing costs are 0% below the national average). Adjusted for local prices, a median pharmacist's $112,341 take-home pay has the buying power of $115,474 in a typical American city.

1-bedroom rent
$1,377
15% of monthly take-home
2-bedroom rent
$1,600
17% of monthly take-home
Left after 1-BR rent
$7,985
per month for everything else

Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.

Madison, WI has 1.3× the national concentration of pharmacist jobs — a strong local market for this occupation.

Best-paying cities for pharmacists, adjusted for cost of living

Madison, WI ranks #13 of 120 metro areas once taxes and local prices are taken into account.

#Metro areaMedian salaryTake-homeReal value*
1Rochester, MN $164,250$113,470$124,938
2Sioux Falls, SD $148,330$112,650$124,295
3McAllen, TX $137,700$105,384$122,689
4San Antonio, TX $150,500$114,133$120,500
5Shreveport, LA $137,970$101,816$120,114
6San Jose, CA $199,040$131,343$118,945
7Spartanburg, SC $153,610$108,199$118,833
8Fargo, ND $142,040$106,840$117,573
13Madison, WI$158,120$112,341$115,474

*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 120 metros →

Pharmacist salaries elsewhere in Wisconsin

Frequently asked questions

How much does a pharmacist make in Madison, WI?

The median pharmacist salary in the Madison, WI metro area is $158,120 a year, or about $76.02 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $130,000 and $169,980.

What is a pharmacist’s take-home pay in Madison, WI?

On the median $158,120 salary, a single filer living in Wisconsin takes home about $112,341 a year ($9,362 a month) after federal tax, Social Security, Medicare and $7,000 in Wisconsin taxes in 2026.

Is Madison, WI a good place to work as a pharmacist?

Pay here is 12% above the national median of $140,910. Local prices are 2.7% below the U.S. average, so the take-home pay buys what $115,474 would in a typical U.S. city. Madison, WI ranks #13 of 120 metro areas for cost-of-living-adjusted pay in this job.

Can a pharmacist afford rent in Madison, WI?

HUD’s fair market rent for a one-bedroom in Madison, WI is $1,377 a month ($1,600 for two bedrooms) — 15% of a median pharmacist’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.

Related jobs in Madison, WI

Cost of living & all salaries in Madison, WI →