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Average Licensed Practical and Licensed Vocational Nurses Salary in Memphis, TN-MS-AR

Licensed Practical and Licensed Vocational Nurses in the Memphis, TN-MS-AR region earn an average annual salary of $53,460. This figure is notably below the national average of $64,450, suggesting that local market dynamics and potentially regional economic factors influence compensation for these vital healthcare professionals.

Executive Summary

  • Average Salary: $53,460 per year.
  • Growth Trend: Salaries have shifted 19.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $65,040.
  • Outlook: With a local workforce of 2,860 Licensed Practical and Licensed Vocational Nurses, the Memphis area demonstrates a significant presence of these professionals. The Location Quotient of 1.13 indicates a concentration slightly above the national average, suggesting a stable and potentially growing demand for LPNs/LVNs within the region's healthcare sector.
2024 Market Data

Salary Overview

$53,460

The average Licensed Practical and Licensed Vocational Nurses in Memphis, TN-MS-AR earns-17.1%below the national average.

BreakdownBased on 40h/week
Hourly

$25.7

Weekly

$1,028

Monthly

$4,455

Licensed Practical and Licensed Vocational Nurses Salary Distribution in Memphis, TN-MS-AR

Career progression for Licensed Practical and Licensed Vocational Nurses typically involves increased responsibility and specialization, leading to higher earning potential. Entry-level positions may start closer to the lower end of the salary spectrum, while experienced nurses with specialized skills or supervisory roles can command salaries significantly above the average, reflecting the substantial percentile gaps seen in experienced professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$39,050$18.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$40,095$19.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$55,010$26.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$66,825$32.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$65,040$31.3

Detailed Licensed Practical and Licensed Vocational Nurses Market Analysis

Relocation Context

Nominal Salary

$53,460

Gross Pay

Real Wage (Purchasing Power)

$53,460

Adjusted for COL (100)

The average annual salary of $53,460 for Licensed Practical and Licensed Vocational Nurses in Memphis, TN-MS-AR aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of an LPN/LVN's salary in Memphis is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

2,860

Total Jobs

4.618

Per 1K Jobs

1.13

Location Quotient

Above Average

With a location quotient of 1.13, Memphis, TN-MS-AR has a slightly higher-than-average concentration of Licensed Practical and Licensed Vocational Nurses roles compared to the national norm.

The Location Quotient of 1.13 for Licensed Practical and Licensed Vocational Nurses in Memphis signifies a job market where these professionals are slightly more concentrated than the national average. This suggests a healthy, competitive market with a good availability of roles, indicating that employers are actively seeking and employing LPNs/LVNs.

Nearby Job Markets

Nearby Cities for Licensed Practical and Licensed Vocational Nurses

Comparing salaries near Memphis, TN-MS-AR

Hiring Licensed Practical and Licensed Vocational Nursess?

Frequently Asked Questions

How much does a Licensed Practical and Licensed Vocational Nurses make in Memphis, TN-MS-AR?

The median annual salary for a Licensed Practical and Licensed Vocational Nurses in Memphis, TN-MS-AR is $53,460. This typically ranges from $39,050 for entry-level positions to $65,040 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Memphis, TN-MS-AR is 17.1% lower than the national median of $64,450.

Is Memphis, TN-MS-AR a lucrative place for Licensed Practical and Licensed Vocational Nurses?

No, but it offers average purchasing power.While the average salary of $53,460 is below the national average, the cost of living in Memphis is also at the national average, meaning your salary's purchasing power is comparable to the national standard.

Is Memphis, TN-MS-AR a good place to live for Licensed Practical and Licensed Vocational Nurses?

The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Memphis, TN-MS-AR?

Some top paying nearby cities include Jonesboro, AR ($49,530) and Jackson, TN.

How does the Memphis LPN/LVN salary compare to the national average?

The average annual salary for Licensed Practical and Licensed Vocational Nurses in Memphis is $53,460, which is lower than the national average of $64,450.

What is the concentration of LPNs/LVNs in Memphis compared to the rest of the US?

The Location Quotient for LPNs/LVNs in Memphis is 1.13, indicating a slightly higher concentration of these professionals than the national average.

How does the cost of living in Memphis affect LPN/LVN salaries?

With a Cost of Living Index of 100, Memphis matches the national average, meaning the $53,460 salary offers purchasing power equivalent to the national average.

What is the total number of LPNs/LVNs employed in the Memphis area?

There are approximately 2,860 Licensed Practical and Licensed Vocational Nurses working in the Memphis, TN-MS-AR region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,860 employees in the Memphis, TN-MS-AR area with a job density of 4.618 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.