Average Licensed Practical and Licensed Vocational Nurses Salary in Binghamton, NY
Licensed Practical and Licensed Vocational Nurses in Binghamton, NY, earn an average annual salary of $57,140. This figure is notably below the national average of $64,450, suggesting that local market dynamics, such as demand and supply, play a significant role in compensation within this region. While the nominal pay is lower, understanding the cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $57,140 per year.
- Growth Trend: Salaries have shifted 28.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $66,670.
- Outlook: Binghamton, NY, hosts a local workforce of 560 Licensed Practical and Licensed Vocational Nurses. With a Location Quotient of 1.42, the concentration of these nursing roles is significantly higher than the national average, indicating a robust demand for LPNs/LVNs in the area. The rate of 5.843 jobs per 1,000 workers further underscores the presence and potential opportunities within this specialized healthcare sector.
Salary Overview
The average Licensed Practical and Licensed Vocational Nurses in Binghamton, NY earns-11.3%below the national average.
$27.5
$1,099
$4,762
Licensed Practical and Licensed Vocational Nurses Salary Trends (2020-2024)
While specific historical data for Binghamton's LPN/LVN salaries over the past four years is not provided, it is generally assumed that the healthcare sector, including nursing roles, has experienced consistent growth. This growth is typically driven by an aging population and increasing healthcare needs, which often translates to incremental salary increases for skilled professionals in the field.
Licensed Practical and Licensed Vocational Nurses Salary Distribution in Binghamton, NY
Salary progression for Licensed Practical and Licensed Vocational Nurses in Binghamton, NY, typically scales with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more. The percentile gaps in salary data reflect this career trajectory, with senior nurses often earning at the higher end of the pay scale.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $48,520 | $23.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $42,855 | $20.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $57,360 | $27.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $71,425 | $34.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $66,670 | $32.1 |
Detailed Licensed Practical and Licensed Vocational Nurses Market Analysis
Relocation Context
Nominal Salary
$57,140
Gross Pay
Real Wage (Purchasing Power)
$57,140
Adjusted for COL (100)
The average annual salary for Licensed Practical and Licensed Vocational Nurses in Binghamton, NY, stands at $57,140. This nominal salary aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an LPN/LVN's salary in Binghamton is equivalent to the national average, offering a stable financial standing relative to the rest of the country.
Job Market Context
560
Total Jobs
5.843
Per 1K Jobs
1.42
Location Quotient
With a location quotient of 1.42, Binghamton, NY has a slightly higher-than-average concentration of Licensed Practical and Licensed Vocational Nurses roles compared to the national norm.
Binghamton, NY, exhibits a strong concentration of Licensed Practical and Licensed Vocational Nurses, as evidenced by its Location Quotient of 1.42. This indicates that the demand for these professionals is 42% higher in Binghamton compared to the national average. Such a high quotient suggests a competitive job market where employers actively seek qualified LPNs/LVNs, potentially leading to more job openings and opportunities for career advancement.
Nearby Job Markets
Nearby Cities for Licensed Practical and Licensed Vocational Nurses
Comparing salaries near Binghamton, NY
Hiring Licensed Practical and Licensed Vocational Nursess?
Frequently Asked Questions
How much does a Licensed Practical and Licensed Vocational Nurses make in Binghamton, NY?
The median annual salary for a Licensed Practical and Licensed Vocational Nurses in Binghamton, NY is $57,140. This typically ranges from $48,520 for entry-level positions to $66,670 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 11.3% lower than the national median of $64,450.
Is Binghamton, NY a lucrative place for Licensed Practical and Licensed Vocational Nurses?
No, but the cost of living is average.While the average salary of $57,140 is below the national average, the cost of living in Binghamton, NY, is exactly at the national average (100). This means your earnings have average purchasing power locally.
Is Binghamton, NY a good place to live for Licensed Practical and Licensed Vocational Nurses?
The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Binghamton, NY?
Some top paying nearby cities include Ithaca, NY ($60,270) and Elmira, NY.
How does Binghamton's LPN/LVN salary compare to the national average?
The average annual salary for LPNs/LVNs in Binghamton, NY, is $57,140, which is lower than the national average of $64,450.
Is there high demand for LPNs/LVNs in Binghamton, NY?
Yes, the Location Quotient of 1.42 indicates a concentration of LPN/LVN jobs that is 42% higher than the national average, suggesting strong local demand.
What is the total number of LPNs/LVNs in Binghamton, NY?
There are approximately 560 Licensed Practical and Licensed Vocational Nurses working in the Binghamton, NY area.
How does the cost of living in Binghamton affect LPN/LVN salaries?
Binghamton's Cost of Living Index is 100, matching the national average. This means the $57,140 salary has the same relative purchasing power as the national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Binghamton, NY area with a job density of 5.843 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 Binghamton, NY