Average Nurse Practitioners Salary in Burlington-South Burlington, VT
Nurse Practitioners in the Burlington-South Burlington, VT area earn an average annual salary of $130,550. This figure is slightly below the national average of $131,710, suggesting a localized compensation structure influenced by regional economic factors and demand within the Vermont healthcare landscape. The specific pay rates reflect the unique balance of workforce concentration and cost of living in this particular metropolitan area.
Executive Summary
- Average Salary: $130,550 per year.
- Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,690.
- Outlook: The Burlington-South Burlington area supports a dedicated workforce of 250 Nurse Practitioners, indicating a stable presence within the local healthcare sector. With a Location Quotient of 1.02, the concentration of Nurse Practitioners is marginally higher than the national average, suggesting a steady demand that aligns with the number of professionals in the field. This equilibrium points to a robust job market where opportunities are consistently available for qualified individuals.
Salary Overview
The average Nurse Practitioners in Burlington-South Burlington, VT earns-0.9%below the national average.
$62.8
$2,511
$10,879
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Nurse Practitioner salaries in Burlington-South Burlington, like national trends, have experienced steady growth over the past four years. Factors such as increasing healthcare needs, advancements in medical practice, and inflation typically drive upward adjustments in compensation for specialized roles like Nurse Practitioners, ensuring their earnings keep pace with economic shifts.
Nurse Practitioners Salary Distribution in Burlington-South Burlington, VT
Salary progression for Nurse Practitioners in Burlington-South Burlington typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive clinical experience and specialized certifications can command salaries in the higher percentiles. These percentile gaps are a clear indicator of career advancement opportunities and the value placed on accumulated expertise within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $102,550 | $49.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $97,913 | $47.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $128,940 | $62 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $163,188 | $78.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $165,690 | $79.7 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$130,550
Gross Pay
Real Wage (Purchasing Power)
$130,550
Adjusted for COL (100)
The average annual salary of $130,550 for Nurse Practitioners in Burlington-South Burlington aligns perfectly with the national average cost of living index of 100. This means that the nominal salary offers a purchasing power equivalent to the national average, indicating that the compensation is well-suited to the local economic conditions. Residents can expect their earnings to cover standard living expenses without significant strain relative to other major metropolitan areas.
Job Market Context
250
Total Jobs
2.025
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Burlington-South Burlington, VT has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.
With a Location Quotient of 1.02, the Burlington-South Burlington job market for Nurse Practitioners is nearly on par with the national average in terms of concentration. This suggests a healthy and competitive environment where the number of available professionals closely matches the demand for their services. While not significantly over-saturated, the market offers ample opportunities for skilled Nurse Practitioners to find employment without facing extreme competition.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Northern Vermont nonmetropolitan area Nurse Practitioners Salary | $130,200↓ 0% | 40 mi |
| Southern Vermont nonmetropolitan area Nurse Practitioners Salary | $131,040↑ 0% | 40 mi |
| Glens Falls, NY Nurse Practitioners Salary | $132,600↑ 2% | 84 mi |
Comparing salaries near Burlington-South Burlington, VT
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Burlington-South Burlington, VT?
The median annual salary for a Nurse Practitioners in Burlington-South Burlington, VT is $130,550. This typically ranges from $102,550 for entry-level positions to $165,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Burlington-South Burlington, VT is 0.9% lower than the national median of $131,710.
Is Burlington-South Burlington, VT a lucrative place for Nurse Practitioners?
Yes, it offers competitive compensation relative to the cost of living.Nurse Practitioners in Burlington-South Burlington earn an average of $130,550, which is very close to the national average, and the local cost of living is also at the national average, making it a financially stable location.
Is Burlington-South Burlington, VT a good place to live for Nurse Practitioners?
The Cost of Living Index in Burlington-South Burlington, VT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Burlington-South Burlington, VT?
Some top paying nearby cities include Northern Vermont nonmetropolitan area ($130,200) and Southern Vermont nonmetropolitan area.
How does the Nurse Practitioner salary in Burlington-South Burlington compare to the national average?
The average annual salary for Nurse Practitioners in Burlington-South Burlington is $130,550, which is slightly lower than the national average of $131,710.
What is the concentration of Nurse Practitioners in Burlington-South Burlington compared to the rest of the US?
The Location Quotient for Nurse Practitioners in Burlington-South Burlington is 1.02, indicating a concentration that is just slightly above the national average.
How does the cost of living in Burlington-South Burlington affect the Nurse Practitioner salary?
The cost of living in Burlington-South Burlington is exactly at the national average (100), meaning the $130,550 salary provides purchasing power equivalent to the national average.
What is the total number of Nurse Practitioners in the Burlington-South Burlington area?
There are approximately 250 Nurse Practitioners employed in the Burlington-South Burlington metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Burlington-South Burlington, VT area with a job density of 2.025 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Nurse Practitioners • Data source: BLS OEWS 2024 •Jobs in Burlington-South Burlington, VT