Average Licensed Practical and Licensed Vocational Nurses Salary in Peoria, IL
Licensed Practical and Licensed Vocational Nurses in Peoria, IL, command an average annual salary of $66,910, surpassing the national average of $64,450. This elevated compensation reflects the specific demands and economic conditions within the Peoria metropolitan area, potentially influenced by local healthcare needs and the overall cost of doing business.
Executive Summary
- Average Salary: $66,910 per year.
- Growth Trend: Salaries have shifted 41.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $79,680.
- Outlook: Peoria, IL, hosts a substantial workforce of 710 Licensed Practical and Licensed Vocational Nurses. With a Location Quotient of 1.05, the concentration of these nursing roles in Peoria is slightly above the national average, indicating a stable and potentially growing demand for their specialized skills within the local healthcare ecosystem.
Salary Overview
The average Licensed Practical and Licensed Vocational Nurses in Peoria, IL earns+3.8%above the national average.
$32.2
$1,287
$5,576
Licensed Practical and Licensed Vocational Nurses Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Licensed Practical and Licensed Vocational Nurses in Peoria, IL, have experienced consistent growth over the past four years, mirroring national trends. This upward trajectory is typically driven by increasing healthcare demands, inflation, and the ongoing need for skilled nursing professionals.
Licensed Practical and Licensed Vocational Nurses Salary Distribution in Peoria, IL
Salary progression for Licensed Practical and Licensed Vocational Nurses in Peoria, IL, is significantly influenced by experience. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive experience and specialized certifications can command salaries in the upper percentiles. These percentile gaps clearly signify substantial career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $50,460 | $24.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $50,183 | $24.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $64,590 | $31.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $83,638 | $40.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $79,680 | $38.3 |
Detailed Licensed Practical and Licensed Vocational Nurses Market Analysis
Relocation Context
Nominal Salary
$66,910
Gross Pay
Real Wage (Purchasing Power)
$66,910
Adjusted for COL (100)
The average annual salary of $66,910 in Peoria, IL, 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 Peoria is equivalent to the national standard, offering a balanced financial landscape for residents.
Job Market Context
710
Total Jobs
4.302
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Peoria, IL 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 1.05, Peoria, IL, presents a job market for Licensed Practical and Licensed Vocational Nurses that is slightly more concentrated than the national average. This suggests a healthy demand for these professionals, indicating a competitive yet accessible market for both employers seeking talent and nurses looking for opportunities.
Nearby Job Markets
Nearby Cities for Licensed Practical and Licensed Vocational Nurses
Comparing salaries near Peoria, IL
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Frequently Asked Questions
How much does a Licensed Practical and Licensed Vocational Nurses make in Peoria, IL?
The median annual salary for a Licensed Practical and Licensed Vocational Nurses in Peoria, IL is $66,910. This typically ranges from $50,460 for entry-level positions to $79,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 3.8% higher than the national median of $64,450.
Is Peoria, IL a lucrative place for Licensed Practical and Licensed Vocational Nurses?
Yes, Peoria, IL offers competitive compensation for LPNs/LVNs.The average salary of $66,910 is above the national average, and the cost of living is on par with the national average, providing good earning potential.
Is Peoria, IL a good place to live for Licensed Practical and Licensed Vocational Nurses?
The Cost of Living Index in Peoria, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Peoria, IL?
Some top paying nearby cities include Bloomington, IL ($63,390) and West Central Illinois nonmetropolitan area.
How does the number of LPNs/LVNs in Peoria compare to the national average?
Peoria has 4.302 LPNs/LVNs per 1,000 workers, which is slightly above the national average, indicating a solid presence of these professionals.
What is the significance of the Location Quotient for LPNs/LVNs in Peoria?
A Location Quotient of 1.05 means that LPNs/LVNs are 5% more concentrated in Peoria than the national average, suggesting a strong local presence and demand for this profession.
Does experience impact LPN/LVN salaries in Peoria?
Yes, experience is a key factor, with entry-level nurses earning less and senior nurses with more specialized skills commanding higher salaries, reflecting career progression.
How does the cost of living in Peoria affect LPN/LVN salaries?
With a Cost of Living Index of 100, the national average, the $66,910 salary in Peoria offers purchasing power equivalent to the national average, making it a stable financial environment.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 710 employees in the Peoria, IL area with a job density of 4.302 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 Peoria, IL