As of August 01, 2026, the average salary for a Residency Program in Parkers Prairie, MN is $49,391 per year, which breaks down to an hourly rate of $24.
However, a Residency Program's salary can vary significantly. Here’s a look at the typical salary range:
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A Residency Program's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Residency Program's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Laborator... Level Residency Program | $43,416 |
| Residency... Level Residency Program | $50,192 |
| Laborator... Level Residency Program | $69,005 |
| Laborator... Level Residency Program | $81,445 |
| Laborator... Level Residency Program | $80,887 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 9.43% |
| Phlebotomy | 3.41% |
| Medical Laboratory | 1.98% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Clinical Diagnostic
|
$54,330 |
10%
|
|
Collaboration
|
$52,848 |
7%
|
|
Product Testing
|
$52,354 |
6%
|
|
Molecular Biology
|
$51,366 |
4%
|
|
Oral Communication
|
$51,366 |
4%
|
|
Leadership
|
$51,366 |
4%
|
For Residency Program roles, the industry you choose can affect earning potential by as much as 38% (the gap between the highest and lowest paying industries). Data shows that the Internet and Energy & Utilities sectors offer the strongest compensation, at 20% above the average. In contrast, Residency Program positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Residency Program as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Internet | $59,269 | $28.0 | 20% |
| Energy & Utilities | $56,799 | $27.0 | 15% |
| Aerospace & Defense | $55,318 | $27.0 | 12% |
| Financial Services | $55,318 | $27.0 | 12% |
| Pharmaceuticals | $54,330 | $26.0 | 10% |
Understanding how a Residency Program's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026Ready to take the next step in your career? Browse thousands of current Residency Program job openings on our job board. Use the search bar below to find your perfect match.
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