Licensed Practical and Licensed Vocational Nurses in Lafayette-West Lafayette, IN, earn an average annual salary of $61,880. This figure is slightly below the national average of $64,450, suggesting a localized compensation structure influenced by regional economic factors and demand within the healthcare sector. The specific economic landscape of Lafayette-West Lafayette plays a key role in shaping these compensation levels.
Executive Summary
- Average Salary: $61,880 per year.
- Growth Trend: Salaries have shifted 22.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $73,170.
- Outlook: The Lafayette-West Lafayette, IN, job market for Licensed Practical and Licensed Vocational Nurses is moderately concentrated, with a Location Quotient of 0.76, indicating a presence slightly below the national average. With a total local workforce of 320 and 3.126 jobs per 1,000 workers, the demand appears stable but not exceptionally high, suggesting a consistent need for these professionals within the community.
Salary Overview
The average Licensed Practical and Licensed Vocational Nurses in Lafayette-West Lafayette, IN earns-4.0%below the national average.
$29.8
$1,190
$5,157
Licensed Practical and Licensed Vocational Nurses Salary Trends (2020-2024)
While specific historical data for Lafayette-West Lafayette is not provided, it's generally observed that salaries for Licensed Practical and Licensed Vocational Nurses have experienced steady growth over the past four years across the nation. This trend is typically driven by increasing healthcare demands, evolving scope of practice, and inflation, suggesting that LPN/LVN compensation in Lafayette-West Lafayette has likely seen a commensurate upward adjustment.
Licensed Practical and Licensed Vocational Nurses Salary Distribution in Lafayette-West Lafayette, IN
Salary progression for Licensed Practical and Licensed Vocational Nurses in Lafayette-West Lafayette, IN, typically scales with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more. The percentile gaps between entry-level, mid-career, and senior roles reflect this career trajectory and the increasing value placed on expertise and tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $48,080 | $23.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $46,410 | $22.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $63,870 | $30.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $77,350 | $37.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $73,170 | $35.2 |
Detailed Licensed Practical and Licensed Vocational Nurses Market Analysis
Relocation Context
Nominal Salary
$61,880
Gross Pay
Real Wage (Purchasing Power)
$61,880
Adjusted for COL (100)
The average annual salary of $61,880 in Lafayette-West Lafayette, IN, 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 this area is equivalent to the national standard, offering a stable financial environment for residents without the added pressure of a higher or lower cost of living.
Job Market Context
320
Total Jobs
3.126
Per 1K Jobs
0.76
Location Quotient
Lafayette-West Lafayette, IN has 0.76x the national average concentration of Licensed Practical and Licensed Vocational Nurses jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.76, the Lafayette-West Lafayette, IN, market for Licensed Practical and Licensed Vocational Nurses is less concentrated than the national average. This suggests that while there is a steady presence of these professionals, the job market may offer slightly fewer opportunities relative to the national landscape, potentially leading to a more competitive environment for job seekers.
Nearby Job Markets
Nearby Cities for Licensed Practical and Licensed Vocational Nurses
Comparing salaries near Lafayette-West Lafayette, IN
Hiring Licensed Practical and Licensed Vocational Nursess?
Frequently Asked Questions
How much does a Licensed Practical and Licensed Vocational Nurses make in Lafayette-West Lafayette, IN?
The median annual salary for a Licensed Practical and Licensed Vocational Nurses in Lafayette-West Lafayette, IN is $61,880. This typically ranges from $48,080 for entry-level positions to $73,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette-West Lafayette, IN is 4.0% lower than the national median of $64,450.
Is Lafayette-West Lafayette, IN a lucrative place for Licensed Practical and Licensed Vocational Nurses?
No, not exceptionally lucrative compared to the national average.While the average salary of $61,880 is solid, it falls slightly below the national average. However, the cost of living is also at the national average, making the salary's purchasing power equivalent.
Is Lafayette-West Lafayette, IN a good place to live for Licensed Practical and Licensed Vocational Nurses?
The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette-West Lafayette, IN?
Some top paying nearby cities include Kokomo, IN ($65,810) and Northern Indiana nonmetropolitan area.
How does the LPN/LVN salary in Lafayette-West Lafayette compare to the national average?
The average annual salary for Licensed Practical and Licensed Vocational Nurses in Lafayette-West Lafayette, IN, is $61,880, which is slightly lower than the national average of $64,450.
What is the concentration of LPN/LVNs in Lafayette-West Lafayette compared to the rest of the country?
The concentration, measured by the Location Quotient, is 0.76, indicating that LPN/LVNs are present in Lafayette-West Lafayette at a rate slightly lower than the national average.
Does the cost of living in Lafayette-West Lafayette affect the LPN/LVN salary?
The cost of living in Lafayette-West Lafayette is exactly at the national average (100). This means the $61,880 salary has the same purchasing power as the national average salary.
How many LPN/LVNs are employed in Lafayette-West Lafayette?
There are approximately 320 Licensed Practical and Licensed Vocational Nurses employed in the Lafayette-West Lafayette, IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Lafayette-West Lafayette, IN area with a job density of 3.126 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Licensed Practical and Licensed Vocational Nurses Salaries by State
Top Jobs in Lafayette-West Lafayette, IN
- All Occupations Salary in Lafayette-West Lafayette, IN
- Production Occupations Salary in Lafayette-West Lafayette, IN
- Office and Administrative Support Occupations Salary in Lafayette-West Lafayette, IN
- Food Preparation and Serving Related Occupations Salary in Lafayette-West Lafayette, IN
- Transportation and Material Moving Occupations Salary in Lafayette-West Lafayette, IN
- Educational Instruction and Library Occupations Salary in Lafayette-West Lafayette, IN
- Miscellaneous Assemblers and Fabricators Salary in Lafayette-West Lafayette, IN
- Sales and Related Occupations Salary in Lafayette-West Lafayette, IN
- Healthcare Practitioners and Technical Occupations Salary in Lafayette-West Lafayette, IN
- Management Occupations Salary in Lafayette-West Lafayette, IN
- Browse All Jobs in Lafayette-West Lafayette, IN →
Semantic Salary Analysis for Licensed Practical and Licensed Vocational Nurses • Data source: BLS OEWS 2024 •Jobs in Lafayette-West Lafayette, IN