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Average Licensed Practical and Licensed Vocational Nurses Salary in Saginaw, MI

Licensed Practical and Licensed Vocational Nurses in Saginaw, MI, earn an average annual salary of $64,390. This figure is remarkably close to the national average of $64,450, indicating a stable compensation landscape. Local economic factors and the specific demand within Saginaw's healthcare sector contribute to this closely aligned pay scale.

Executive Summary

  • Average Salary: $64,390 per year.
  • Growth Trend: Salaries have shifted 31.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $77,050.
  • Outlook: Saginaw, MI, supports a local workforce of 260 Licensed Practical and Licensed Vocational Nurses. With a Location Quotient of 0.8, the concentration of these professionals is slightly below the national average, suggesting a steady but not overly saturated job market. The rate of 3.301 jobs per 1,000 workers further indicates a consistent demand for these essential healthcare providers.
2024 Market Data

Salary Overview

$64,390

The average Licensed Practical and Licensed Vocational Nurses in Saginaw, MI earns-0.1%below the national average.

BreakdownBased on 40h/week
Hourly

$31

Weekly

$1,238

Monthly

$5,366

Licensed Practical and Licensed Vocational Nurses Salary Distribution in Saginaw, MI

Salary progression for Licensed Practical and Licensed Vocational Nurses in Saginaw, MI, typically correlates with experience. Entry-level positions will command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more, potentially reaching the higher percentiles. The gap between entry-level and senior roles signifies clear career advancement opportunities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$52,910$25.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$48,293$23.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$62,220$29.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$80,488$38.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$77,050$37

Detailed Licensed Practical and Licensed Vocational Nurses Market Analysis

Relocation Context

Nominal Salary

$64,390

Gross Pay

Real Wage (Purchasing Power)

$64,390

Adjusted for COL (100)

The average annual salary of $64,390 in Saginaw, MI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against national standards, offering a balanced financial environment for LP/LVNs relocating to or residing in the area.

Job Market Context

260

Total Jobs

3.301

Per 1K Jobs

0.8

Location Quotient

Below Average

Saginaw, MI has 0.80x 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.

Saginaw, MI, has a Location Quotient of 0.8 for Licensed Practical and Licensed Vocational Nurses, indicating that the concentration of these professionals is slightly lower than the national average. This suggests that while the demand is present, the market may offer slightly more opportunities for new entrants or those seeking to establish themselves compared to highly concentrated national hubs.

Nearby Job Markets

Hiring Licensed Practical and Licensed Vocational Nursess?

Frequently Asked Questions

How much does a Licensed Practical and Licensed Vocational Nurses make in Saginaw, MI?

The median annual salary for a Licensed Practical and Licensed Vocational Nurses in Saginaw, MI is $64,390. This typically ranges from $52,910 for entry-level positions to $77,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Saginaw, MI is 0.1% lower than the national median of $64,450.

Is Saginaw, MI a lucrative place for Licensed Practical and Licensed Vocational Nurses?

Yes, Saginaw, MI offers a competitive salary for Licensed Practical and Licensed Vocational Nurses.The average salary of $64,390 is on par with the national average, and the cost of living is also at the national average, indicating strong purchasing power for these professionals.

Is Saginaw, MI a good place to live for Licensed Practical and Licensed Vocational Nurses?

The Cost of Living Index in Saginaw, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Saginaw, MI?

Some top paying nearby cities include Bay City, MI ($60,370) and Midland, MI.

What is the average salary for an LP/LVN in Saginaw, MI?

The average annual salary for Licensed Practical and Licensed Vocational Nurses in Saginaw, MI, is $64,390.

How does Saginaw's cost of living compare to the national average?

Saginaw, MI, has a Cost of Living Index of 100, which is exactly the national average, meaning the general cost of goods and services is comparable nationwide.

Is the job market for LP/LVNs strong in Saginaw, MI?

With a steady number of jobs per 1,000 workers and a concentration slightly below the national average, the job market in Saginaw, MI, is stable and offers consistent opportunities for LP/LVNs.

How does experience affect LP/LVN salaries in Saginaw, MI?

Experience significantly impacts earning potential, with entry-level nurses earning less and senior nurses with specialized skills commanding higher salaries, reflecting clear career progression.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Saginaw, MI area with a job density of 3.301 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.