Medical and Clinical Laboratory Technologist Salary in Faribault, MN: $67,790 (2026)
Quick Answer:A full-time medical and clinical laboratory technologist in Faribault, MN earns a median $67,790/year (≈ $32.59/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2010). Once you factor in Faribault's price level (1% below national, BEA RPP 98.5), that paycheck buys what $68,822 would nationally. Nominal pay sits 5.5% below the Minnesota state average.
Based on BLS state-level estimates · View source
With an estimated annual salary of $67,790, the medical and clinical laboratory technologist salary in Faribault, MN shows a competitive edge within the local job market, albeit slightly below the national median of $68,734. The salary range for professionals in this field extends from $42,537 to $104,428, indicating a significant variation based on experience and specialization. These figures come from projections based on 2025 BLS data, adjusted for regional economic conditions, highlighting how local factors can affect earnings in Faribault. Given that only six medical and clinical laboratory technologists are currently employed in the area, the market appears relatively small, which could impact job availability and wage competitiveness going forward.
About the Faribault Market
Salary estimated from Minnesota average ($74,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $42,537 | $20.45 |
| Lower Range (P25) | $50,925 | $24.48 |
| Median (P50)(typical) | $67,790 | $32.59 |
| Upper Range (P75) | $86,771 | $41.72 |
| Top Earners (P90) | $104,428 | $50.20 |
Median Salary Position
1.37% below the national average
2026 Salary Percentile Distribution in Faribault
In Faribault, MN, the medical and clinical laboratory technologist salary spread from the 10th to 90th percentile is $61,891 (2026 est.). At $67,790, the local median is 1.37% below the national median of $68,734.
Salary Calculator
At 40 hours/week in Faribault: You'd be in the lower-middle range
How Faribault Medical and Clinical Laboratory Technologist Pay Compares
Faribault median: $67,790/year (2026)
| Compared To | Median Salary | Faribault Pays |
|---|---|---|
| Minnesota Average | $71,735 | -5.50% less |
| National Average | $68,734 | -1.37% less |
Medical and Clinical Laboratory Technologists in Faribault, MN earn a median of $67,790 per year (2026 est.), which is 1.37% lower than the national median of $68,734 and 5.50% below the Minnesota state average of $71,735.
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 medical and clinical laboratory technologist earning $67,790 nominally has purchasing power equivalent to $68,822 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$55,534
2025 BLS Actual
$65,790
2026 Current Est.
$67,790
2019–2027 Growth
+25.8%
Salary Trajectory for Medical and Clinical Laboratory Technologists in Faribault (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.04% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $55,534 | Actual |
| 2020 | $56,642 | Actual |
| 2021 | $60,427 | Actual |
| 2022 | $59,988 | Actual |
| 2023 | $63,542 | Actual |
| 2024 | $68,854 | Actual |
| 2025 | $65,790 | Actual |
| 2026(current) | $67,790 | Estimated |
| 2027 | $69,851 | Projected |
Based on 7 years of BLS OEWS data for the Faribault metropolitan area, the median medical and clinical laboratory technologist salary grew 18.5% from $55,534 (2019) to $65,790 (2025). At a 3.04% compound annual growth rate, salaries are projected to reach $69,851 by 2027 — a total increase of $14,317 (25.78%) 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 3.04% 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) | $42,537 – $50,925 |
| 3-5 years (Mid Career) | $50,925 – $67,790 |
| 5+ years (Experienced) | $67,790 – $86,771 |
| 10+ years (Top Earner) | $86,771 – $104,428 |
MLS salary ranges estimated from BLS percentile data. Individual medical and clinical laboratory technologist compensation varies by employer, certifications, and specialization.
Medical and Clinical Laboratory Technologist Job Market in Faribault
In the context of the local job market, the cost of living index in Faribault stands at 98.5, suggesting that residents deal with a marginally lower cost of living compared to national norms. This reality affects take-home purchasing power for those earning a medical and clinical laboratory technologist pay in Faribault MN. Employers such as large healthcare organizations and specialty clinics often provide the most competitive salaries, while community health centers and private practices may offer lower compensation. Factors driving wage disparities frequently include shift differentials, the complexity of specialized services, and the overall benefits package offered by employers. To maximize pay within this specific market, pursuing additional certifications and negotiating benefits can enhance earning potential, particularly in a small market where skilled professionals are in demand.
More salary data for Faribault, MN:
Frequently Asked Questions
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Written by Alexandra Choi, MS, MT(ASCP)
Career Analyst
Alexandra has 10 years of experience in clinical laboratory science. She specializes in molecular diagnostics. She works at a large metropolitan hospital.
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 $65,790 for medical and clinical laboratory technologistsin the Faribault metropolitan area. A 3.04% 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 3.04%, derived from historical BLS wage trends for medical and clinical laboratory technologists (SOC 29-2010).
Compiled and verified by Alexandra Choi, MS, MT(ASCP), a licensed medical and clinical laboratory technologist with 10+ years of clinical experience. · View source data at BLS.gov