Average Licensed Practical and Licensed Vocational Nurses Salary in Hot Springs, AR
Licensed Practical and Licensed Vocational Nurses in Hot Springs, AR, earn an average annual salary of $50,860. This figure is notably below the national average of $64,450, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. Understanding these regional pay scales is crucial for nurses considering employment in this area.
Executive Summary
- Average Salary: $50,860 per year.
- Growth Trend: Salaries have shifted 29.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,440.
- Outlook: The job market for Licensed Practical and Licensed Vocational Nurses in Hot Springs, AR, shows a significant concentration, with a Location Quotient of 2.74, indicating a demand nearly three times the national average. Despite a total local workforce of 420, this high concentration suggests that LPNs/LVNs are a vital component of the healthcare infrastructure in the region, pointing towards a robust and stable job market for these professionals.
Salary Overview
The average Licensed Practical and Licensed Vocational Nurses in Hot Springs, AR earns-21.1%below the national average.
$24.5
$978
$4,238
Licensed Practical and Licensed Vocational Nurses Salary Trends (2020-2024)
While specific historical data for Hot Springs, AR is not provided, it's reasonable to assume a general trend of salary growth for Licensed Practical and Licensed Vocational Nurses over the past four years, mirroring national patterns. Economic factors and increasing healthcare needs typically drive modest annual increases in compensation for these essential healthcare roles.
Licensed Practical and Licensed Vocational Nurses Salary Distribution in Hot Springs, AR
Salary progression for Licensed Practical and Licensed Vocational Nurses in Hot Springs, AR, typically correlates with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles. These percentile gaps clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $36,840 | $17.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $38,145 | $18.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $49,210 | $23.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $63,575 | $30.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $61,440 | $29.5 |
Detailed Licensed Practical and Licensed Vocational Nurses Market Analysis
Relocation Context
Nominal Salary
$50,860
Gross Pay
Real Wage (Purchasing Power)
$50,860
Adjusted for COL (100)
The nominal average annual salary for Licensed Practical and Licensed Vocational Nurses in Hot Springs, AR, is $50,860. With a Cost of Living Index of 100, which is precisely the national average, the purchasing power of this salary is directly comparable to the national standard. This means that while the salary is lower than the national average, the cost of living does not exacerbate the difference, offering a neutral financial environment.
Job Market Context
420
Total Jobs
11.225
Per 1K Jobs
2.74
Location Quotient
Hot Springs, AR has 2.7x the national concentration of Licensed Practical and Licensed Vocational Nurses jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 2.74 for Licensed Practical and Licensed Vocational Nurses in Hot Springs, AR, signifies a substantial concentration of these professionals relative to the national average. This indicates a high demand or a specialized need for LPNs/LVNs within the local healthcare system, making the job market relatively abundant for qualified individuals compared to other regions.
Nearby Job Markets
Nearby Cities for Licensed Practical and Licensed Vocational Nurses
Comparing salaries near Hot Springs, AR
Hiring Licensed Practical and Licensed Vocational Nursess?
Frequently Asked Questions
How much does a Licensed Practical and Licensed Vocational Nurses make in Hot Springs, AR?
The median annual salary for a Licensed Practical and Licensed Vocational Nurses in Hot Springs, AR is $50,860. This typically ranges from $36,840 for entry-level positions to $61,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 21.1% lower than the national median of $64,450.
Is Hot Springs, AR a lucrative place for Licensed Practical and Licensed Vocational Nurses?
No, but the cost of living is average.While the average salary of $50,860 is below the national average, the cost of living in Hot Springs, AR, is exactly at the national average (100). This means the lower nominal salary is offset by a neutral cost of living, making it neither exceptionally lucrative nor prohibitively expensive.
Is Hot Springs, AR a good place to live for Licensed Practical and Licensed Vocational Nurses?
The Cost of Living Index in Hot Springs, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hot Springs, AR?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($54,300) and South Arkansas nonmetropolitan area.
How does the Hot Springs, AR LPN/LVN salary compare to the national average?
The average annual salary for LPNs/LVNs in Hot Springs, AR, is $50,860, which is significantly lower than the national average of $64,450.
What is the concentration of LPNs/LVNs in Hot Springs, AR?
Hot Springs, AR, has a high concentration of LPNs/LVNs, indicated by a Location Quotient of 2.74, meaning the profession is nearly three times more prevalent there than the national average.
Does experience impact LPN/LVN salaries in Hot Springs, AR?
Yes, like most locations, experience plays a crucial role in LPN/LVN salary progression in Hot Springs, AR, with senior nurses earning considerably more than entry-level practitioners.
How does the cost of living affect the LPN/LVN salary in Hot Springs, AR?
The cost of living in Hot Springs, AR, is at the national average (100), meaning the $50,860 salary has purchasing power equivalent to the national average, despite being a lower nominal figure.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Hot Springs, AR area with a job density of 11.225 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 Hot Springs, AR