Pharmacist Hourly Pay in Shakopee, MN: $74.45 (2026)
Quick Answer:Hourly pay for a pharmacist working in Shakopee, MN runs $74.45 at the median for 2026 — annualizing to $154,857 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-1051). Weighted against Shakopee's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $75.58 nationally would. A 24-hour part-time schedule grosses $92,911 per year.
Based on BLS state-level estimates · View source
In Shakopee, Minnesota, the pharmacist hourly pay stands at a median of $74.45, notably above the national hourly median of $68.99. This elevated rate reflects the dynamics of the local healthcare market, offering competitive pay particularly beneficial for part-time and per-diem pharmacists. Those working just three days a week can earn substantial income, effectively competing with full-time positions, especially in diverse settings like retail pharmacies, hospitals, specialty pharmacy clean rooms, and outpatient clinics. Entry-level pharmacists can expect to earn around $56.93 per hour, while top earners may command up to $86.42 per hour. These figures, derived from annual salary estimates, paint a picture of a profession that not only matches but exceeds national standards, highlighting the value placed on pharmacists' roles in both community and clinical environments in Shakopee.
About the Shakopee Market
Salary estimated from Minnesota average ($138,000) adjusted for local cost of living.
Pharmacist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $56.93 | $455.47 |
| Lower Range (P25) | $71.18 | $569.43 |
| Median (P50) | $74.45 | $595.58 |
| Upper Range (P75) | $82.79 | $662.30 |
| Top Earners (P90) | $86.42 | $691.38 |
Estimated Annual Income by Work Schedule in Shakopee
Based on $74.45/hr median hourly rate · 2026 est.
At $74.45/hr, a pharmacist working full-time (40 hr/wk) in Shakopee, MN can expect to earn approximately $154,852 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $89,337. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Shakopee.
Hourly Rate Calculator
Schedule Comparison in Shakopee
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,977.92 | $12,904 | $154,852 |
| Part-Time (24 hrs) | $1,786.75 | $7,743 | $92,911 |
| Per Diem (16 hrs) | $1,191.17 | $5,162 | $61,941 |
Compare PharmD Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Pharmacist (Shakopee) | $74.45 |
| Pharmacy Technician (National Avg) | $19.27 |
| Registered Nurse (National Avg) | $42.80 |
| Physician Assistant (National Avg) | $63.17 |
| Nurse Practitioner (National Avg) | $60.81 |
Pharmacists in Shakopee, MN earn a median of $154,857 per year (2026 est.), which is 7.92% higher than the national median of $143,489 and 3.10% below the Minnesota state average of $159,811.
Pharmacist Hourly Pay vs. Cost of Living
Working 24h/week at $74.45/hr = $92,911/year (purchasing power: $94,326).
Working 40h/week (full-time) = $154,852/year (purchasing power: $157,210).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$66.46/hr
2025 BLS Actual
$73.11/hr
2026 Current Est.
$74.45/hr
2019–2027 Growth
+14.1%
Hourly Rate Trajectory for Pharmacists in Shakopee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.83% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $66.46/hr | Actual |
| 2020 | $66.78/hr | Actual |
| 2021 | $66.71/hr | Actual |
| 2022 | $68.88/hr | Actual |
| 2023 | $70.58/hr | Actual |
| 2024 | $63.30/hr | Actual |
| 2025 | $73.11/hr | Actual |
| 2026(current) | $74.45/hr | Estimated |
| 2027 | $75.81/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for pharmacists in Shakopee grew 10.0% from $66.46/hr (2019) to $73.11/hr (2025). At a 1.83% projected growth rate, hourly pay is expected to reach $75.81/hr by 2027. Part-time and per-diem pharmacists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Shakopee 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.
Working as an Hourly Pharmacist in Shakopee
Part-time pharmacists working a typical 24-hour week in Shakopee can expect to take home about $92,280 annually, compared to their full-time counterparts who would yield a significantly higher figure, albeit with the added requirements of full-time commitment. Per-diem and locum tenens positions are especially lucrative in this region; retail pharmacists often earn between $55 and $75 per hour, while those working in hospital settings may bill $60 to $85 per hour. Specialty and critical care settings might see per-diem rates soar to between $70 and $95 per hour, reflecting the increased responsibilities and expertise required. Additionally, hourly rates can vary widely depending on the type of employer, with retail chains like CVS or Walgreens paying lower rates than specialty pharmacies or health systems, where comprehensive benefits might accompany lower hourly rates. Pharmacists in Shakopee should consider the trade-offs of accepting positions with benefits versus pursuing higher pay without health insurance. Negotiating hourly pay can be crucial; pharmacists should highlight their experience with specialized certifications and communicate the added value they bring to their employer to achieve better compensation packages throughout their career.
More salary data for Shakopee, 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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 1.83% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for pharmacists in Shakopee. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Shakopee 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