Average Licensed Practical and Licensed Vocational Nurses Salary in Waco, TX
Licensed Practical and Licensed Vocational Nurses in Waco, TX earn an average annual salary of $60,230. This figure is slightly below the national average of $64,450, a common occurrence in regions with a cost of living that aligns with the national benchmark. Local economic factors and demand dynamics within the Waco healthcare sector contribute to this specific compensation level.
Executive Summary
- Average Salary: $60,230 per year.
- Growth Trend: Salaries have shifted 26.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $76,400.
- Outlook: Waco, TX supports a robust local workforce of 780 Licensed Practical and Licensed Vocational Nurses. The location quotient of 1.47 indicates a higher concentration of these professionals compared to the national average, suggesting a strong and established presence within the local healthcare industry. This concentration points to consistent demand and a stable job market for LPNs and LVNs in the area.
Salary Overview
The average Licensed Practical and Licensed Vocational Nurses in Waco, TX earns-6.5%below the national average.
$29
$1,158
$5,019
Licensed Practical and Licensed Vocational Nurses Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that nursing salaries across the United States, including in markets like Waco, have experienced steady growth over the past four years. Factors such as increasing healthcare needs, inflation, and a persistent demand for skilled nursing professionals typically drive these upward salary trends, ensuring that LPNs and LVNs can expect their earning potential to evolve positively.
Licensed Practical and Licensed Vocational Nurses Salary Distribution in Waco, TX
The salary progression for Licensed Practical and Licensed Vocational Nurses in Waco, TX, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. These percentile gaps are indicative of the career advancement opportunities and the increased value placed on experienced nurses within the local healthcare system.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $47,280 | $22.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $45,173 | $21.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $59,820 | $28.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $75,288 | $36.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $76,400 | $36.7 |
Detailed Licensed Practical and Licensed Vocational Nurses Market Analysis
Relocation Context
Nominal Salary
$60,230
Gross Pay
Real Wage (Purchasing Power)
$60,230
Adjusted for COL (100)
The average annual salary of $60,230 for Licensed Practical and Licensed Vocational Nurses in Waco, TX, is well-aligned with the local cost of living, which stands precisely at the national average of 100. This means that the purchasing power of an LPN/LVN's salary in Waco is equivalent to the national average, offering a stable financial foundation for residents.
Job Market Context
780
Total Jobs
6.023
Per 1K Jobs
1.47
Location Quotient
With a location quotient of 1.47, Waco, TX 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 1.47, Waco, TX, demonstrates a notable concentration of Licensed Practical and Licensed Vocational Nurses relative to the national average. This suggests that the job market in Waco is potentially more abundant with LPN/LVN opportunities or that the profession is a significant component of the local healthcare workforce, indicating a competitive yet accessible environment for these professionals.
Nearby Job Markets
Nearby Cities for Licensed Practical and Licensed Vocational Nurses
Comparing salaries near Waco, TX
Hiring Licensed Practical and Licensed Vocational Nursess?
Frequently Asked Questions
How much does a Licensed Practical and Licensed Vocational Nurses make in Waco, TX?
The median annual salary for a Licensed Practical and Licensed Vocational Nurses in Waco, TX is $60,230. This typically ranges from $47,280 for entry-level positions to $76,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 6.5% lower than the national median of $64,450.
Is Waco, TX a lucrative place for Licensed Practical and Licensed Vocational Nurses?
Yes, Waco, TX offers a stable earning environment for LPNs/LVNs.The average salary of $60,230 aligns perfectly with the national cost of living index, providing good purchasing power. Furthermore, the higher concentration of LPNs/LVNs indicates a strong local demand for their services.
Is Waco, TX a good place to live for Licensed Practical and Licensed Vocational Nurses?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($55,690) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's LPN/LVN salary compare to the national average?
The average annual salary for Licensed Practical and Licensed Vocational Nurses in Waco, TX, is $60,230, which is slightly lower than the national average of $64,450.
What is the concentration of LPNs/LVNs in Waco, TX?
Waco, TX has a location quotient of 1.47 for LPNs/LVNs, indicating a concentration that is 47% higher than the national average.
How does the cost of living in Waco affect LPN/LVN salaries?
Waco's cost of living index is 100, which is the national average. This means the $60,230 salary in Waco has the same purchasing power as the national average salary.
What does the number of LPNs/LVNs per 1,000 workers signify?
With 6.023 LPNs/LVNs per 1,000 workers, Waco demonstrates a significant presence of these healthcare professionals within its overall workforce, reflecting the importance of nursing roles in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 780 employees in the Waco, TX area with a job density of 6.023 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 Waco, TX
- All Occupations Salary in Waco, TX
- Office and Administrative Support Occupations Salary in Waco, TX
- Food Preparation and Serving Related Occupations Salary in Waco, TX
- Transportation and Material Moving Occupations Salary in Waco, TX
- Sales and Related Occupations Salary in Waco, TX
- Management Occupations Salary in Waco, TX
- Production Occupations Salary in Waco, TX
- Educational Instruction and Library Occupations Salary in Waco, TX
- Business and Financial Operations Occupations Salary in Waco, TX
- Healthcare Practitioners and Technical Occupations Salary in Waco, TX
- Browse All Jobs in Waco, TX →
Semantic Salary Analysis for Licensed Practical and Licensed Vocational Nurses • Data source: BLS OEWS 2024 •Jobs in Waco, TX