Pharmacist Salary in Inver Grove Heights, MN: $156,731 (2026)
Quick Answer:A full-time pharmacist in Inver Grove Heights, MN earns a median $156,731/year (≈ $75.35/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1051). Once you factor in Inver Grove Heights's price level (1% below national, BEA RPP 98.5), that paycheck buys what $159,118 would nationally. Nominal pay sits 2.0% below the Minnesota state average.
Based on BLS state-level estimates · View source
Inver Grove Heights, Minnesota, presents an attractive opportunity for pharmacists, projecting a median annual salary of $156,731 in 2026. This figure notably exceeds the national median of $143,489, reflecting a 9.23% premium for local professionals. The salary range for pharmacists in the area spans from $110,720 at the 10th percentile to $195,263 at the 90th percentile, indicating a diverse landscape of compensation. These estimates, based on 2025 BLS state-level data and regional cost adjustments, suggest that the most lucrative roles are likely found in hospital and specialty settings, where residency-trained pharmacists may command higher wages. Given the competitive environment and evolving nature of pharmacist roles, particularly in Inver Grove Heights, those considering this field should prepare to leverage their qualifications effectively.
About the Inver Grove Heights Market
Salary estimated from Minnesota average ($138,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $110,720 | $53.23 |
| Lower Range (P25) | $142,609 | $68.56 |
| Median (P50)(typical) | $156,731 | $75.35 |
| Upper Range (P75) | $173,148 | $83.25 |
| Top Earners (P90) | $195,263 | $93.88 |
Median Salary Position
9.23% above the national average
2026 Salary Percentile Distribution in Inver Grove Heights
In Inver Grove Heights, MN, the pharmacist salary spread from the 10th to 90th percentile is $84,543 (2026 est.). At $156,731, the local median is 9.23% above the national median of $143,489.
Salary Calculator
At 40 hours/week in Inver Grove Heights: You'd be above the median
How Inver Grove Heights Pharmacist Pay Compares
Inver Grove Heights median: $156,731/year (2026)
| Compared To | Median Salary | Inver Grove Heights Pays |
|---|---|---|
| Minnesota Average | $159,929 | -2.00% less |
| National Average | $143,489 | +9.23% more |
Pharmacists in Inver Grove Heights, MN earn a median of $156,731 per year (2026 est.), which is 9.23% higher than the national median of $143,489 and 2.00% below the Minnesota state average of $159,929.
Cost-of-Living Adjusted Salary
Inver Grove Heights 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.
Inver Grove Heights, MN has a cost-of-living index of 98.5 (below the national average of 100). A pharmacist earning $156,731 nominally has purchasing power equivalent to $159,118 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$139,911
2025 BLS Actual
$153,914
2026 Current Est.
$156,731
2019–2027 Growth
+14.1%
Salary Trajectory for Pharmacists in Inver Grove Heights (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $139,911 | Actual |
| 2020 | $140,588 | Actual |
| 2021 | $140,435 | Actual |
| 2022 | $145,001 | Actual |
| 2023 | $148,584 | Actual |
| 2024 | $133,250 | Actual |
| 2025 | $153,914 | Actual |
| 2026(current) | $156,731 | Estimated |
| 2027 | $159,599 | Projected |
Based on 7 years of BLS OEWS data for the Inver Grove Heights metropolitan area, the median pharmacist salary grew 10.0% from $139,911 (2019) to $153,914 (2025). At a 1.83% compound annual growth rate, salaries are projected to reach $159,599 by 2027 — a total increase of $19,688 (14.07%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Inver Grove Heights 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) | $110,720 – $142,609 |
| 3-5 years (Mid Career) | $142,609 – $156,731 |
| 5+ years (Experienced) | $156,731 – $173,148 |
| 10+ years (Top Earner) | $173,148 – $195,263 |
PharmD salary ranges estimated from BLS percentile data. Individual pharmacist compensation varies by employer, certifications, and specialization.
Pharmacist Job Market in Inver Grove Heights
Looking deeper into the local market, Inver Grove Heights employs around 10 pharmacists, demonstrating a modest job presence in the area. With a cost of living index of 98.5, residents face a slightly below-average living expense, which enhances the purchasing power of these salaries. Major employers such as CVS, Walgreens, and local hospital pharmacies are among the highest-paying entities, particularly for those with advanced credentials such as board certification and residency training. The disparity in pay can be attributed to various factors, including shift differentials, board certification stipends, and the consolidation of retail chains impacting job security and salary structures in that sector. For pharmacists aspiring to maximize their earnings in this market, pursuing PGY-1 residencies or specialty certifications is advisable, as it positions them favorably against competition while allowing them to explore the expanding specialty pharmacy and ambulatory care roles.
More salary data for Inver Grove Heights, MN:
Frequently Asked Questions
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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 $153,914 for pharmacistsin the Inver Grove Heights 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 Inver Grove Heights 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