Pharmacy Technician Salary in Faribault, MN: $48,207 (2026)
Quick Answer:A full-time pharmacy technician in Faribault, MN earns a median $48,207/year (≈ $23.18/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2052). Once you factor in Faribault's price level (1% below national, BEA RPP 98.5), that paycheck buys what $48,941 would nationally. Nominal pay sits 5.5% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Faribault, Minnesota, the pharmacy technician salary is projected to reach a median annual figure of $48,207 in 2026, showing a close alignment with the national median of $48,239. Salary estimates for pharmacy technicians in this area range from $38,917 at the 10th percentile to $62,000 at the 90th percentile, reflecting the various roles and job settings that influence compensation. The local estimates account for the cost of living and regional price adjustments, helping to paint a clearer picture of what pharmacy technicians can expect in this market. Notably, those working in hospital sterile compounding settings often earn more due to the specialized skill requirements, setting up a pay gradient compared to their counterparts in retail positions.
About the Faribault Market
Salary estimated from Minnesota average ($46,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $38,917 | $18.71 |
| Lower Range (P25) | $39,701 | $19.08 |
| Median (P50)(typical) | $48,207 | $23.18 |
| Upper Range (P75) | $52,374 | $25.18 |
| Top Earners (P90) | $62,000 | $29.81 |
Median Salary Position
0.07% below the national average
2026 Salary Percentile Distribution in Faribault
In Faribault, MN, the pharmacy technician salary spread from the 10th to 90th percentile is $23,083 (2026 est.). At $48,207, the local median is 0.07% below the national median of $48,239.
Salary Calculator
At 40 hours/week in Faribault: You'd be in the lower-middle range
How Faribault Pharmacy Technician Pay Compares
Faribault median: $48,207/year (2026)
| Compared To | Median Salary | Faribault Pays |
|---|---|---|
| Minnesota Average | $51,013 | -5.50% less |
| National Average | $48,239 | -0.07% less |
Pharmacy Technicians in Faribault, MN earn a median of $48,207 per year (2026 est.), which is 0.07% lower than the national median of $48,239 and 5.50% below the Minnesota state average of $51,013.
Cost-of-Living Adjusted Salary
Faribault has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Faribault, MN has a cost-of-living index of 98.5 (below the national average of 100). A pharmacy technician earning $48,207 nominally has purchasing power equivalent to $48,941 in an average-cost city — an effective 1.52% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$33,928
2025 BLS Actual
$45,720
2026 Current Est.
$48,207
2019–2027 Growth
+49.8%
Salary Trajectory for Pharmacy Technicians in Faribault (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.44% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $33,928 | Actual |
| 2020 | $35,077 | Actual |
| 2021 | $36,716 | Actual |
| 2022 | $37,765 | Actual |
| 2023 | $40,274 | Actual |
| 2024 | $42,801 | Actual |
| 2025 | $45,720 | Actual |
| 2026(current) | $48,207 | Estimated |
| 2027 | $50,830 | Projected |
Based on 7 years of BLS OEWS data for the Faribault metropolitan area, the median pharmacy technician salary grew 34.8% from $33,928 (2019) to $45,720 (2025). At a 5.44% compound annual growth rate, salaries are projected to reach $50,830 by 2027 — a total increase of $16,902 (49.82%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Faribault 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) | $38,917 – $39,701 |
| 3-5 years (Mid Career) | $39,701 – $48,207 |
| 5+ years (Experienced) | $48,207 – $52,374 |
| 10+ years (Top Earner) | $52,374 – $62,000 |
CPhT salary ranges estimated from BLS percentile data. Individual pharmacy technician compensation varies by employer, certifications, and specialization.
Pharmacy Technician Job Market in Faribault
In the local job market, there are currently six employed pharmacy technicians in Faribault, which hints at a relatively small but specialized workforce. The cost of living index at 98.5 indicates that expenses in the area are slightly lower than the national average, potentially enhancing the purchasing power of pharmacy technicians’ salaries. Retail pharmacy chains such as CVS, Walgreens, and Rite Aid are common employers, but those in inpatient or specialty pharmacies might access higher wages. Factors like certification stipends for CSPT credentials, shift differentials for night shifts in hospital settings, and pay scales that distinguish between retail and hospital jobs contribute to the variation in compensation. To maximize earnings in Faribault, technicians should pursue certifications and consider opportunities in settings that offer additional financial incentives.
More salary data for Faribault, MN:
Frequently Asked Questions
How much do pharmacy technicians make in Faribault, MN in 2026?
Is Faribault, MN a good place to work as a pharmacy technician?
Can pharmacy technicians make $100K in Faribault?
What is the cost-of-living adjusted pharmacy technician salary in Faribault?
How much does a pharmacy technician make per hour in Faribault?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Minnesota
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 $45,720 for pharmacy techniciansin the Faribault 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 Faribault 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