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Average Pharmacists Salary in Rochester, MN

Pharmacists in Rochester, MN, command an impressive average annual salary of $154,520, substantially exceeding the national average of $136,140. This elevated compensation is largely driven by the specialized healthcare ecosystem in Rochester, which fosters a high demand for skilled pharmaceutical professionals.

Executive Summary

  • Average Salary: $154,520 per year.
  • Growth Trend: Salaries have shifted 12.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $171,790.
  • Outlook: The Rochester, MN job market for pharmacists presents a robust outlook, supported by a local workforce of 410 professionals. With a Location Quotient of 1.59, indicating a concentration nearly 60% higher than the national average, demand for pharmacists in this area is notably strong, suggesting a stable and potentially growing job market.
2024 Market Data

Salary Overview

$154,520

The average Pharmacists in Rochester, MN earns+13.5%above the national average.

BreakdownBased on 40h/week
Hourly

$74.3

Weekly

$2,972

Monthly

$12,877

Pharmacists Salary Distribution in Rochester, MN

The career path for pharmacists in Rochester, MN, offers significant earning potential that scales with experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory roles can command salaries well into the upper percentiles. The discernible gaps between salary percentiles clearly signify opportunities for career advancement and increased earning capacity.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$135,200$65
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$115,890$55.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$154,610$74.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$193,150$92.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$171,790$82.6

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$154,520

Gross Pay

Real Wage (Purchasing Power)

$154,520

Adjusted for COL (100)

For individuals considering a move to Rochester, MN, the average pharmacist salary of $154,520 aligns perfectly with the local Cost of Living Index of 100, which is precisely the national average. This means that the higher nominal salary translates directly into strong purchasing power, allowing pharmacists to maintain a comparable standard of living to the national average while earning more.

Job Market Context

410

Total Jobs

3.384

Per 1K Jobs

1.59

Location Quotient

Major Hub

Rochester, MN has 1.6x the national concentration of Pharmacists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

Rochester, MN, exhibits a distinct concentration of pharmacists, as evidenced by its Location Quotient of 1.59. This figure suggests that the demand for pharmacists in Rochester is significantly higher relative to the national average, indicating a competitive yet abundant job market where skilled professionals are highly valued and sought after.

Nearby Job Markets

Nearby Cities for Pharmacists

CitySalaryDist.
La Crosse-Onalaska, WI-MN Pharmacists Salary$154,610↑ 0%64 mi
Eau Claire, WI Pharmacists Salary$138,300↓ 10%74 mi
Mankato, MN Pharmacists Salary$147,140↓ 5%75 mi
Minneapolis-St. Paul-Bloomington, MN-WI Pharmacists Salary$148,770↓ 4%77 mi

Comparing salaries near Rochester, MN

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Rochester, MN?

The median annual salary for a Pharmacists in Rochester, MN is $154,520. This typically ranges from $135,200 for entry-level positions to $171,790 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rochester, MN is 13.5% higher than the national median of $136,140.

Is Rochester, MN a lucrative place for Pharmacists?

Yes, Rochester, MN is a lucrative location for Pharmacists.Pharmacists in Rochester earn an average of $154,520, significantly higher than the national average, and the cost of living is on par with the national average, making it a financially advantageous location.

Is Rochester, MN a good place to live for Pharmacists?

The Cost of Living Index in Rochester, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Rochester, MN?

Some top paying nearby cities include La Crosse-Onalaska, WI-MN ($154,610) and Eau Claire, WI.

How does the Rochester, MN pharmacist salary compare to the national average?

The average annual salary for a pharmacist in Rochester, MN is $154,520, which is considerably higher than the national average of $136,140.

What is the concentration of pharmacists in Rochester, MN?

Rochester, MN has a Location Quotient of 1.59 for pharmacists, indicating that the profession is about 59% more concentrated than the national average.

How does the cost of living in Rochester, MN affect pharmacist salaries?

The cost of living in Rochester, MN is at the national average (index of 100), meaning the higher average salary of $154,520 offers strong purchasing power for residents.

What is the total number of pharmacists in Rochester, MN?

There are approximately 410 pharmacists employed in the Rochester, MN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Rochester, MN area with a job density of 3.384 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Rochester, MN