Licensed Practical and Licensed Vocational Nurses in Panama City-Panama City Beach, FL, earn an average annual salary of $54,690. This figure is notably below the national average of $64,450, suggesting that local market dynamics and potentially other factors are influencing compensation in this region. Understanding these local pay scales is crucial for healthcare professionals considering opportunities in this Florida locale.
Executive Summary
- Average Salary: $54,690 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,040.
- Outlook: The local job market for Licensed Practical and Licensed Vocational Nurses in Panama City-Panama City Beach, FL, appears stable, with a total workforce of 360 individuals. A Location Quotient of 1.0 indicates that the concentration of these nursing roles is precisely at the national average, suggesting a steady but not exceptionally high demand relative to other professions within the area. The presence of 4.108 jobs per 1,000 workers further solidifies this picture of a balanced employment landscape.
Salary Overview
The average Licensed Practical and Licensed Vocational Nurses in Panama City-Panama City Beach, FL earns-15.1%below the national average.
$26.3
$1,052
$4,558
Licensed Practical and Licensed Vocational Nurses Salary Trends (2020-2024)
While specific historical data for Panama City-Panama City Beach, FL is not provided, it is generally assumed that salaries for Licensed Practical and Licensed Vocational Nurses have experienced a gradual upward trend over the past four years, mirroring national patterns. This growth is typically driven by factors such as increasing healthcare needs, inflation, and evolving skill requirements within the nursing profession.
Licensed Practical and Licensed Vocational Nurses Salary Distribution in Panama City-Panama City Beach, FL
Salary progression for Licensed Practical and Licensed Vocational Nurses in Panama City-Panama City Beach, FL, is closely tied to experience and specialization. Entry-level positions will likely command salaries at the lower end of the spectrum, while seasoned professionals with advanced certifications or supervisory roles can expect to earn significantly more. The percentile distribution of salaries, though not detailed here, would typically show a widening gap between the 25th percentile (entry-level) and the 75th or 90th percentile (senior or specialized roles), reflecting substantial career growth potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $42,460 | $20.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $41,018 | $19.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $53,350 | $25.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $68,363 | $32.9 |
| 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
$54,690
Gross Pay
Real Wage (Purchasing Power)
$54,690
Adjusted for COL (100)
The nominal average annual salary of $54,690 for Licensed Practical and Licensed Vocational Nurses in Panama City-Panama City Beach, FL, aligns perfectly with the local Cost of Living Index of 100, which is also the national average. This means that, on average, the purchasing power of an LPN's salary in this area is equivalent to the national average. While the salary is lower than the national average, the cost of living does not exacerbate this difference, offering a neutral financial environment compared to the rest of the country.
Job Market Context
360
Total Jobs
4.108
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Panama City-Panama City Beach, FL has a slightly higher-than-average concentration of Licensed Practical and Licensed Vocational Nurses roles compared to the national norm.
With a Location Quotient of 1.0, the job market for Licensed Practical and Licensed Vocational Nurses in Panama City-Panama City Beach, FL, is neither exceptionally concentrated nor scarce compared to the national average. This suggests a competitive but accessible market where demand and supply are relatively balanced. Professionals entering this market can expect opportunities to be present, but the lack of a higher concentration implies that employers may not be actively seeking an unusually large number of these nurses relative to other job roles in the area.
Nearby Job Markets
Nearby Cities for Licensed Practical and Licensed Vocational Nurses
Comparing salaries near Panama City-Panama City Beach, FL
Hiring Licensed Practical and Licensed Vocational Nursess?
Frequently Asked Questions
How much does a Licensed Practical and Licensed Vocational Nurses make in Panama City-Panama City Beach, FL?
The median annual salary for a Licensed Practical and Licensed Vocational Nurses in Panama City-Panama City Beach, FL is $54,690. This typically ranges from $42,460 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 Panama City-Panama City Beach, FL is 15.1% lower than the national median of $64,450.
Is Panama City-Panama City Beach, FL a lucrative place for Licensed Practical and Licensed Vocational Nurses?
No, not particularly lucrative compared to the national average.The average salary of $54,690 is below the national average of $64,450, although the cost of living is also at the national average, making the purchasing power neutral.
Is Panama City-Panama City Beach, FL a good place to live for Licensed Practical and Licensed Vocational Nurses?
The Cost of Living Index in Panama City-Panama City Beach, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Panama City-Panama City Beach, FL?
Some top paying nearby cities include Crestview-Fort Walton Beach-Destin, FL ($57,440) and Dothan, AL.
How does experience affect LPN salaries in Panama City?
Experience is a primary driver of salary increases for LPNs in Panama City, with entry-level nurses earning less than those with several years of experience and specialized skills.
What is the job outlook for LPNs in Panama City?
The job outlook is stable, with a concentration of LPNs at the national average, indicating consistent but not rapidly expanding demand.
Does the cost of living impact LPN earnings in Panama City?
The cost of living in Panama City is exactly at the national average, meaning the $54,690 salary has the same purchasing power as the national average salary.
How does Panama City's LPN workforce compare to the national average?
The concentration of LPNs in Panama City is identical to the national average (Location Quotient of 1.0), suggesting a balanced labor market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Panama City-Panama City Beach, FL area with a job density of 4.108 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 Panama City-Panama City Beach, FL
- All Occupations Salary in Panama City-Panama City Beach, FL
- Food Preparation and Serving Related Occupations Salary in Panama City-Panama City Beach, FL
- Sales and Related Occupations Salary in Panama City-Panama City Beach, FL
- Office and Administrative Support Occupations Salary in Panama City-Panama City Beach, FL
- Transportation and Material Moving Occupations Salary in Panama City-Panama City Beach, FL
- Construction and Extraction Occupations Salary in Panama City-Panama City Beach, FL
- Management Occupations Salary in Panama City-Panama City Beach, FL
- Healthcare Practitioners and Technical Occupations Salary in Panama City-Panama City Beach, FL
- Business and Financial Operations Occupations Salary in Panama City-Panama City Beach, FL
- Educational Instruction and Library Occupations Salary in Panama City-Panama City Beach, FL
- Browse All Jobs in Panama City-Panama City Beach, FL →
Semantic Salary Analysis for Licensed Practical and Licensed Vocational Nurses • Data source: BLS OEWS 2024 •Jobs in Panama City-Panama City Beach, FL