Pharmacist Salary in St. Louis Park, MN: $153,988 (2026)
Quick Answer:A full-time pharmacist in St. Louis Park, MN earns a median $153,988/year (≈ $74.03/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1051). Once you factor in St. Louis Park's price level (1% below national, BEA RPP 98.5), that paycheck buys what $156,333 would nationally. Nominal pay sits 3.7% below the Minnesota state average.
Based on BLS state-level estimates · View source
As of 2026, the pharmacist salary in St. Louis Park, MN, is projected to reach a median of $153,988, reflecting the impact of recent retail pharmacy chain consolidations on local compensation structures. With salaries ranging from $112,359 at the lower percentile to $186,565 at the upper extreme, these local estimates derived from BLS state-level data and regional price adjustments highlight the unique market conditions here. This figure exceeds the national median of $143,489, indicating a competitive edge in pay for pharmacists within this Minnesota city. Given the ongoing transformation in the retail pharmacy sector, St. Louis Park presents an intriguing job market that balances opportunities with evolving challenges in pharmacy practice.
About the St. Louis Park Market
Salary estimated from Minnesota average ($138,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $112,359 | $54.02 |
| Lower Range (P25) | $142,754 | $68.63 |
| Median (P50)(typical) | $153,988 | $74.03 |
| Upper Range (P75) | $176,001 | $84.62 |
| Top Earners (P90) | $186,565 | $89.69 |
Median Salary Position
7.32% above the national average
2026 Salary Percentile Distribution in St. Louis Park
In St. Louis Park, MN, the pharmacist salary spread from the 10th to 90th percentile is $74,206 (2026 est.). At $153,988, the local median is 7.32% above the national median of $143,489.
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At 40 hours/week in St. Louis Park: You'd be above the median
How St. Louis Park Pharmacist Pay Compares
St. Louis Park median: $153,988/year (2026)
| Compared To | Median Salary | St. Louis Park Pays |
|---|---|---|
| Minnesota Average | $159,905 | -3.70% less |
| National Average | $143,489 | +7.32% more |
Pharmacists in St. Louis Park, MN earn a median of $153,988 per year (2026 est.), which is 7.32% higher than the national median of $143,489 and 3.70% below the Minnesota state average of $159,905.
Cost-of-Living Adjusted Salary
St. Louis Park 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.
St. Louis Park, MN has a cost-of-living index of 98.5 (below the national average of 100). A pharmacist earning $153,988 nominally has purchasing power equivalent to $156,333 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$137,463
2025 BLS Actual
$151,221
2026 Current Est.
$153,988
2019–2027 Growth
+14.1%
Salary Trajectory for Pharmacists in St. Louis Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $137,463 | Actual |
| 2020 | $138,128 | Actual |
| 2021 | $137,978 | Actual |
| 2022 | $142,464 | Actual |
| 2023 | $145,984 | Actual |
| 2024 | $130,919 | Actual |
| 2025 | $151,221 | Actual |
| 2026(current) | $153,988 | Estimated |
| 2027 | $156,806 | Projected |
Based on 7 years of BLS OEWS data for the St. Louis Park metropolitan area, the median pharmacist salary grew 10.0% from $137,463 (2019) to $151,221 (2025). At a 1.83% compound annual growth rate, salaries are projected to reach $156,806 by 2027 — a total increase of $19,343 (14.07%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the St. Louis Park 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) | $112,359 – $142,754 |
| 3-5 years (Mid Career) | $142,754 – $153,988 |
| 5+ years (Experienced) | $153,988 – $176,001 |
| 10+ years (Top Earner) | $176,001 – $186,565 |
PharmD salary ranges estimated from BLS percentile data. Individual pharmacist compensation varies by employer, certifications, and specialization.
Pharmacist Job Market in St. Louis Park
In St. Louis Park, the job market for pharmacists consists of only nine professionals, which suggests a relatively tight labor pool and potential for competitive salaries. The cost of living index stands at 98.5, which presents a favorable environment for take-home purchasing power. Among local employers, large retail pharmacy chains like CVS and Walgreens typically offer competitive rates, but hospital inpatient pharmacies and specialty operations like Accredo may provide higher pay scales, driven by a greater demand for specialized credentials. Variances in compensation can also stem from factors such as certifications, experience, and working conditions, with hospital clinical specialists often earning more due to the complexity of their roles. For pharmacists seeking to maximize their pay in St. Louis Park, pursuing board certification, gaining experience in specialty areas, and being flexible with shift differentials, especially in high-demand settings, could prove beneficial.
More salary data for St. Louis Park, 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 $151,221 for pharmacistsin the St. Louis Park 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 St. Louis Park 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