Pharmacy Technician Salary in Richmond, IN: $44,070 (2026)
Quick Answer:A full-time pharmacy technician in Richmond, IN earns a median $44,070/year (≈ $21.18/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2052). Once you factor in Richmond's price level (9% below national, BEA RPP 91.3), that paycheck buys what $48,269 would nationally. Nominal pay sits 2.7% below the Indiana state average.
Based on BLS state-level estimates · View source
In 2026, pharmacy technician salaries in Richmond, Indiana, are projected to reach a median annual salary of $44,070, which reflects local market conditions and regional price adjustments. The salary range for this position will span from $34,168 at the 10th percentile to $55,738 at the 90th percentile. This information, based on 2025 BLS data projected to 2026, highlights the competitive nature of pharmacy technician pay in Richmond, especially when considering shift differentials and the overnight premium that many retail roles offer. While local pay remains below the national median of $48,239, the anticipated growth rate of 5.44% suggests that opportunities for increased earnings may be on the horizon in the Richmond job market.
About the Richmond Market
Salary estimated from Indiana average ($38,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $34,168 | $16.43 |
| Lower Range (P25) | $38,323 | $18.42 |
| Median (P50)(typical) | $44,070 | $21.18 |
| Upper Range (P75) | $46,828 | $22.51 |
| Top Earners (P90) | $55,738 | $26.79 |
Median Salary Position
8.64% below the national average
2026 Salary Percentile Distribution in Richmond
In Richmond, IN, the pharmacy technician salary spread from the 10th to 90th percentile is $21,570 (2026 est.). At $44,070, the local median is 8.64% below the national median of $48,239.
Salary Calculator
At 40 hours/week in Richmond: You'd be in the lower-middle range
How Richmond Pharmacy Technician Pay Compares
Richmond median: $44,070/year (2026)
| Compared To | Median Salary | Richmond Pays |
|---|---|---|
| Indiana Average | $45,293 | -2.70% less |
| National Average | $48,239 | -8.64% less |
Pharmacy Technicians in Richmond, IN earn a median of $44,070 per year (2026 est.), which is 8.64% lower than the national median of $48,239 and 2.70% below the Indiana state average of $45,293.
Cost-of-Living Adjusted Salary
Richmond 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.
Richmond, IN has a cost-of-living index of 91.3 (below the national average of 100). A pharmacy technician earning $44,070 nominally has purchasing power equivalent to $48,269 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$31,016
2025 BLS Actual
$41,796
2026 Current Est.
$44,070
2019–2027 Growth
+49.8%
Salary Trajectory for Pharmacy Technicians in Richmond (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.44% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $31,016 | Actual |
| 2020 | $32,066 | Actual |
| 2021 | $33,565 | Actual |
| 2022 | $34,524 | Actual |
| 2023 | $36,817 | Actual |
| 2024 | $33,762 | Actual |
| 2025 | $41,796 | Actual |
| 2026(current) | $44,070 | Estimated |
| 2027 | $46,467 | Projected |
Based on 7 years of BLS OEWS data for the Richmond metropolitan area, the median pharmacy technician salary grew 34.8% from $31,016 (2019) to $41,796 (2025). At a 5.44% compound annual growth rate, salaries are projected to reach $46,467 by 2027 — a total increase of $15,451 (49.82%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Richmond 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 5.44% 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) | $34,168 – $38,323 |
| 3-5 years (Mid Career) | $38,323 – $44,070 |
| 5+ years (Experienced) | $44,070 – $46,828 |
| 10+ years (Top Earner) | $46,828 – $55,738 |
CPhT salary ranges estimated from BLS percentile data. Individual pharmacy technician compensation varies by employer, certifications, and specialization.
Pharmacy Technician Job Market in Richmond
At present, only seven pharmacy technicians are employed within Richmond, indicating a relatively small job market for this profession. The area's cost of living index stands at 91.3, hinting that while starting salaries may be lower compared to national averages, the purchasing power for pharmacy technicians in Richmond could be more favorable. Retail pharmacy chains such as CVS and Walgreens typically offer the most competitive salaries, but hospital settings, particularly those with sterile compounding roles and compliance with USP <797> and <800>, offer the highest compensation. Factors such as CSPT certification stipends and shift differentials can create a significant pay gap, especially for those willing to work overnight shifts. For those looking to maximize their earning potential, obtaining further certifications and seeking positions in specialty or hospital pharmacies could prove beneficial in Richmond, IN.
More salary data for Richmond, IN:
Frequently Asked Questions
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Written by Emily Tran, PharmD
Career Analyst
Emily Tran has over 8 years of experience as a pharmacy technician. She specializes in medication therapy management. Her experience includes working in community pharmacies.
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 $41,796 for pharmacy techniciansin the Richmond metropolitan area. A 5.44% 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 Richmond 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 5.44%, derived from historical BLS wage trends for pharmacy technicians (SOC 29-2052).
Compiled and verified by Emily Tran, PharmD, a licensed pharmacy technician with 10+ years of clinical experience. · View source data at BLS.gov