Licensed Practical and Licensed Vocational Nurses in the Palm Bay-Melbourne-Titusville, FL area earn an average annual salary of $58,450. This figure is slightly below the national average of $64,450, suggesting localized economic factors and demand dynamics influence compensation in this Florida region. Understanding these local nuances is key for healthcare professionals in this market.
Executive Summary
- Average Salary: $58,450 per year.
- Growth Trend: Salaries have shifted 35.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $69,560.
- Outlook: With a local workforce of 1,010 Licensed Practical and Licensed Vocational Nurses, the Palm Bay-Melbourne-Titusville area demonstrates a stable presence of these professionals. The Location Quotient of 1.02 indicates a concentration of LPNs/LVNs that is very close to the national average, suggesting a balanced demand and supply within the local healthcare sector.
Salary Overview
The average Licensed Practical and Licensed Vocational Nurses in Palm Bay-Melbourne-Titusville, FL earns-9.3%below the national average.
$28.1
$1,124
$4,871
Licensed Practical and Licensed Vocational Nurses Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Licensed Practical and Licensed Vocational Nurses in Palm Bay-Melbourne-Titusville have seen gradual growth over the past four years, mirroring national trends. Increased demand for healthcare services and inflation typically drive modest annual increases in compensation for these essential roles.
Licensed Practical and Licensed Vocational Nurses Salary Distribution in Palm Bay-Melbourne-Titusville, FL
Salary progression for Licensed Practical and Licensed Vocational Nurses is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn considerably more. The widening gap between entry-level and senior-level salaries reflects the value placed on accumulated knowledge and expertise in the nursing field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $48,810 | $23.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $43,838 | $21.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $58,090 | $27.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $73,063 | $35.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $69,560 | $33.4 |
Detailed Licensed Practical and Licensed Vocational Nurses Market Analysis
Relocation Context
Nominal Salary
$58,450
Gross Pay
Real Wage (Purchasing Power)
$58,450
Adjusted for COL (100)
The nominal average annual salary of $58,450 in Palm Bay-Melbourne-Titusville aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an LPN/LVN's salary in this area is comparable to the national standard, offering a stable financial environment for residents.
Job Market Context
1,010
Total Jobs
4.184
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Palm Bay-Melbourne-Titusville, FL has a slightly higher-than-average concentration of Licensed Practical and Licensed Vocational Nurses roles compared to the national norm.
The Location Quotient of 1.02 for Licensed Practical and Licensed Vocational Nurses in Palm Bay-Melbourne-Titusville suggests a market that is neither significantly over- nor under-saturated compared to the national landscape. This indicates a healthy level of competition and availability of roles, providing a steady job market for qualified professionals.
Nearby Job Markets
Nearby Cities for Licensed Practical and Licensed Vocational Nurses
Comparing salaries near Palm Bay-Melbourne-Titusville, FL
Hiring Licensed Practical and Licensed Vocational Nursess?
Frequently Asked Questions
How much does a Licensed Practical and Licensed Vocational Nurses make in Palm Bay-Melbourne-Titusville, FL?
The median annual salary for a Licensed Practical and Licensed Vocational Nurses in Palm Bay-Melbourne-Titusville, FL is $58,450. This typically ranges from $48,810 for entry-level positions to $69,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Palm Bay-Melbourne-Titusville, FL is 9.3% lower than the national median of $64,450.
Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Licensed Practical and Licensed Vocational Nurses?
No, not significantly more lucrative than the national average.While the average salary of $58,450 is competitive, it falls slightly below the national average of $64,450, and the cost of living is exactly at the national average.
Is Palm Bay-Melbourne-Titusville, FL a good place to live for Licensed Practical and Licensed Vocational Nurses?
The Cost of Living Index in Palm Bay-Melbourne-Titusville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Palm Bay-Melbourne-Titusville, FL?
Some top paying nearby cities include Sebastian-Vero Beach-West Vero Corridor, FL ($58,100) and Port St. Lucie, FL.
What is the average salary for an LPN/LVN in Palm Bay-Melbourne-Titusville, FL?
The average annual salary for a Licensed Practical and Licensed Vocational Nurse in Palm Bay-Melbourne-Titusville, FL is $58,450.
How does the Palm Bay-Melbourne-Titusville LPN/LVN salary compare to the national average?
The average salary in Palm Bay-Melbourne-Titusville, FL ($58,450) is approximately $6,000 less than the national average salary of $64,450.
What is the cost of living in Palm Bay-Melbourne-Titusville, FL for LPNs/LVNs?
The Cost of Living Index in Palm Bay-Melbourne-Titusville, FL is 100, which is exactly the national average.
How concentrated are LPN/LVN jobs in this Florida region?
The concentration of LPN/LVN jobs, indicated by a Location Quotient of 1.02, is very close to the national average, suggesting a balanced job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,010 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 4.184 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 Palm Bay-Melbourne-Titusville, FL