Physician Assistant Salary in Faribault, MN: $134,042 (2026)
Quick Answer:A full-time physician assistant in Faribault, MN earns a median $134,042/year (≈ $64.44/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1071). Once you factor in Faribault's price level (1% below national, BEA RPP 98.5), that paycheck buys what $136,083 would nationally. Nominal pay sits 5.5% below the Minnesota state average.
Based on BLS state-level estimates · View source

In the Faribault, Minnesota market, the average physician assistant salary sits at $134,042 for 2026, demonstrating a slight drop compared to the national median of $140,391. This moderate compensation reflects variances within the specialty areas, especially as surgical specialties tend to command higher pay than primary care roles. Salary ranges from $100,233 at the 10th percentile to as much as $180,728 at the 90th percentile highlight the value of specialization. These figures, drawn from BLS state-level data and adjusted for regional cost of living, emphasize the local economic conditions. Working in outpatient surgical settings, particularly orthopedics and cardiothoracic practices, significantly boosts earnings potential, establishing a competitive hiring market in Faribault.
About the Faribault Market
Salary estimated from Minnesota average ($130,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $100,233 | $48.19 |
| Lower Range (P25) | $118,790 | $57.12 |
| Median (P50)(typical) | $134,042 | $64.44 |
| Upper Range (P75) | $160,458 | $77.14 |
| Top Earners (P90) | $180,728 | $86.89 |
Median Salary Position
4.52% below the national average
2026 Salary Percentile Distribution in Faribault
In Faribault, MN, the physician assistant salary spread from the 10th to 90th percentile is $80,495 (2026 est.). At $134,042, the local median is 4.52% below the national median of $140,391.
Salary Calculator
At 40 hours/week in Faribault: You'd be in the lower-middle range
How Faribault Physician Assistant Pay Compares
Faribault median: $134,042/year (2026)
| Compared To | Median Salary | Faribault Pays |
|---|---|---|
| Minnesota Average | $141,844 | -5.50% less |
| National Average | $140,391 | -4.52% less |
Physician Assistants in Faribault, MN earn a median of $134,042 per year (2026 est.), which is 4.52% lower than the national median of $140,391 and 5.50% below the Minnesota state average of $141,844.
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 physician assistant earning $134,042 nominally has purchasing power equivalent to $136,083 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$107,183
2025 BLS Actual
$129,735
2026 Current Est.
$134,042
2019–2027 Growth
+29.2%
Salary Trajectory for Physician Assistants in Faribault (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $107,183 | Actual |
| 2020 | $110,172 | Actual |
| 2021 | $116,034 | Actual |
| 2022 | $120,311 | Actual |
| 2023 | $124,140 | Actual |
| 2024 | $120,959 | Actual |
| 2025 | $129,735 | Actual |
| 2026(current) | $134,042 | Estimated |
| 2027 | $138,492 | Projected |
Based on 7 years of BLS OEWS data for the Faribault metropolitan area, the median physician assistant salary grew 21.0% from $107,183 (2019) to $129,735 (2025). At a 3.32% compound annual growth rate, salaries are projected to reach $138,492 by 2027 — a total increase of $31,309 (29.21%) 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 3.32% 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) | $100,233 – $118,790 |
| 3-5 years (Mid Career) | $118,790 – $134,042 |
| 5+ years (Experienced) | $134,042 – $160,458 |
| 10+ years (Top Earner) | $160,458 – $180,728 |
PA salary ranges estimated from BLS percentile data. Individual physician assistant compensation varies by employer, certifications, and specialization.
Physician Assistant Job Market in Faribault
Looking at the overall job market, Faribault currently supports a limited workforce of only six employed physician assistants. The local cost of living index at 98.5 suggests that, while salaries are below the national average, the purchasing power may still be favorable. Among local employers, surgical specialty practices and hospital systems typically offer the highest pay, especially for positions that include first-assist responsibilities or RVU productivity bonuses. Factors driving the wide salary gap in Faribault include case volume, specialty focus, and the structure of employment, as those in 1099 private practice arrangements often have different compensation expectations compared to hospital-employed PAs. For those seeking to maximize their pay, focusing on obtaining specialized credentials in high-demand fields like surgery or emergency medicine, and exploring locum tenens opportunities, could provide advantageous pathways within the Faribault job market.
More salary data for Faribault, MN:
Frequently Asked Questions
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Written by Jessica Tran, MPAS, PA-C
Career Analyst
Jessica has 10 years of experience as a physician assistant. Her specialty is cardiology in an outpatient setting.
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 $129,735 for physician assistantsin the Faribault metropolitan area. A 3.32% 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 3.32%, derived from historical BLS wage trends for physician assistants (SOC 29-1071).
Compiled and verified by Jessica Tran, MPAS, PA-C, a licensed physician assistant with 10+ years of clinical experience. · View source data at BLS.gov