Average Licensed Practical and Licensed Vocational Nurses Salary in Albany-Schenectady-Troy, NY
Licensed Practical and Licensed Vocational Nurses in the Albany-Schenectady-Troy, NY area earn an average annual salary of $61,140. This figure is slightly below the national average of $64,450, suggesting a localized compensation structure influenced by regional economic factors and demand. While the nominal salary may appear lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $61,140 per year.
- Growth Trend: Salaries have shifted 32.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $71,190.
- Outlook: The Albany-Schenectady-Troy region supports a substantial workforce of 2,130 Licensed Practical and Licensed Vocational Nurses. With a Location Quotient of 1.17, this indicates a slightly higher concentration of these professionals compared to the national average, suggesting a stable and potentially growing demand for their specialized skills within the local healthcare ecosystem.
Salary Overview
The average Licensed Practical and Licensed Vocational Nurses in Albany-Schenectady-Troy, NY earns-5.1%below the national average.
$29.4
$1,176
$5,095
Licensed Practical and Licensed Vocational Nurses Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for Licensed Practical and Licensed Vocational Nurses across the United States, including in metropolitan areas like Albany-Schenectady-Troy, have experienced consistent growth over the past four years. This upward trend is typically driven by increasing healthcare needs, evolving scope of practice, and ongoing demand for skilled nursing professionals.
Licensed Practical and Licensed Vocational Nurses Salary Distribution in Albany-Schenectady-Troy, NY
The career trajectory for Licensed Practical and Licensed Vocational Nurses in Albany-Schenectady-Troy offers significant earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized certifications can command salaries well above the average. The percentile gaps in earnings clearly signify the rewards of career progression and skill development in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $51,230 | $24.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $45,855 | $22 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $60,030 | $28.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $76,425 | $36.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $71,190 | $34.2 |
Detailed Licensed Practical and Licensed Vocational Nurses Market Analysis
Relocation Context
Nominal Salary
$61,140
Gross Pay
Real Wage (Purchasing Power)
$61,140
Adjusted for COL (100)
For Licensed Practical and Licensed Vocational Nurses considering a move to Albany-Schenectady-Troy, the nominal salary of $61,140 aligns precisely with the national average cost of living (index of 100). This means that the purchasing power of the local salary is comparable to the national standard, offering a balanced financial environment where the earned income effectively meets everyday expenses.
Job Market Context
2,130
Total Jobs
4.802
Per 1K Jobs
1.17
Location Quotient
With a location quotient of 1.17, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Licensed Practical and Licensed Vocational Nurses roles compared to the national norm.
The Location Quotient of 1.17 for Licensed Practical and Licensed Vocational Nurses in Albany-Schenectady-Troy signifies a healthy concentration of these professionals, exceeding the national average. This suggests a robust job market where demand is at least on par with, if not slightly higher than, the national average, indicating good opportunities for employment and career advancement within the region.
Nearby Job Markets
Nearby Cities for Licensed Practical and Licensed Vocational Nurses
Comparing salaries near Albany-Schenectady-Troy, NY
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Frequently Asked Questions
How much does a Licensed Practical and Licensed Vocational Nurses make in Albany-Schenectady-Troy, NY?
The median annual salary for a Licensed Practical and Licensed Vocational Nurses in Albany-Schenectady-Troy, NY is $61,140. This typically ranges from $51,230 for entry-level positions to $71,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany-Schenectady-Troy, NY is 5.1% lower than the national median of $64,450.
Is Albany-Schenectady-Troy, NY a lucrative place for Licensed Practical and Licensed Vocational Nurses?
Yes, it offers a balanced financial environment.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power comparable. The concentration of LPNs/LVNs suggests a stable job market.
Is Albany-Schenectady-Troy, NY a good place to live for Licensed Practical and Licensed Vocational Nurses?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albany-Schenectady-Troy, NY?
Some top paying nearby cities include Pittsfield, MA ($70,310) and Glens Falls, NY.
How does the LPN/LVN salary in Albany compare to the national average?
The average annual salary for LPNs/LVNs in Albany-Schenectady-Troy, NY is $61,140, which is slightly lower than the national average of $64,450.
What is the cost of living in Albany-Schenectady-Troy, NY for LPNs/LVNs?
The cost of living in Albany-Schenectady-Troy, NY is at the national average, with an index of 100, meaning it is neither significantly more nor less expensive than the typical U.S. location.
How concentrated are LPN/LVN jobs in Albany-Schenectady-Troy, NY?
The concentration of LPN/LVN jobs, indicated by a Location Quotient of 1.17, is slightly higher than the national average, suggesting a stronger presence of these roles in the local job market.
What is the total number of LPNs/LVNs in the Albany-Schenectady-Troy, NY area?
There are approximately 2,130 Licensed Practical and Licensed Vocational Nurses employed in the Albany-Schenectady-Troy, NY metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,130 employees in the Albany-Schenectady-Troy, NY area with a job density of 4.802 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Licensed Practical and Licensed Vocational Nurses • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY