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Average Nurse Practitioners Salary in Central Kentucky nonmetropolitan area

Nurse Practitioners in the Central Kentucky nonmetropolitan area earn an average annual salary of $115,470. This figure is notably below the national average of $131,710, reflecting regional economic factors and potentially lower demand compared to more densely populated or specialized healthcare hubs. The specific economic landscape and healthcare infrastructure of this nonmetropolitan region directly influence compensation levels for advanced practice registered nurses.

Executive Summary

  • Average Salary: $115,470 per year.
  • Growth Trend: Salaries have shifted 7.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $159,050.
  • Outlook: The Nurse Practitioner job market in Central Kentucky's nonmetropolitan area, with a total workforce of 290 professionals, presents a stable yet less concentrated employment landscape. The Location Quotient of 0.83 indicates a slightly lower concentration of Nurse Practitioners relative to the national average, suggesting that while opportunities exist, the field is not as saturated as in other regions. The presence of 1.658 jobs per 1,000 workers signifies a consistent, albeit moderate, demand for these essential healthcare providers within the local economy.
2024 Market Data

Salary Overview

$115,470

The average Nurse Practitioners in Central Kentucky nonmetropolitan area earns-12.3%below the national average.

BreakdownBased on 40h/week
Hourly

$55.5

Weekly

$2,221

Monthly

$9,623

Nurse Practitioners Salary Distribution in Central Kentucky nonmetropolitan area

Salary progression for Nurse Practitioners in Central Kentucky nonmetropolitan areas typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command salaries well above the average. The percentile gaps in earnings, from the 25th to the 75th percentile and beyond, clearly signify the career progression and earning potential available as practitioners advance in their careers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$92,930$44.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$86,603$41.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$114,480$55
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$144,338$69.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$159,050$76.5

Detailed Nurse Practitioners Market Analysis

Relocation Context

Nominal Salary

$115,470

Gross Pay

Real Wage (Purchasing Power)

$115,470

Adjusted for COL (100)

The nominal average annual salary of $115,470 for Nurse Practitioners in Central Kentucky's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Nurse Practitioner's salary in this region is equivalent to the national average, offering a balanced lifestyle without the premium often associated with higher cost-of-living areas.

Job Market Context

290

Total Jobs

1.658

Per 1K Jobs

0.83

Location Quotient

Below Average

Central Kentucky nonmetropolitan area has 0.83x the national average concentration of Nurse Practitioners jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.83, the Central Kentucky nonmetropolitan area exhibits a slightly lower concentration of Nurse Practitioners compared to the national average. This suggests that the job market is not overly saturated, potentially offering good opportunities for qualified professionals. While not a high-demand hotspot in terms of sheer numbers, the market is stable, and the demand is consistent, as indicated by the jobs per 1,000 workers metric.

Nearby Job Markets

Nearby Cities for Nurse Practitioners

Comparing salaries near Central Kentucky nonmetropolitan area

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Frequently Asked Questions

How much does a Nurse Practitioners make in Central Kentucky nonmetropolitan area?

The median annual salary for a Nurse Practitioners in Central Kentucky nonmetropolitan area is $115,470. This typically ranges from $92,930 for entry-level positions to $159,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Kentucky nonmetropolitan area is 12.3% lower than the national median of $131,710.

Is Central Kentucky nonmetropolitan area a lucrative place for Nurse Practitioners?

No, it is moderately compensated relative to the national average.While the average salary of $115,470 is substantial, it falls below the national average of $131,710. However, the cost of living is also at the national average, making the salary's purchasing power comparable.

Is Central Kentucky nonmetropolitan area a good place to live for Nurse Practitioners?

The Cost of Living Index in Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Kentucky nonmetropolitan area?

Some top paying nearby cities include Lexington-Fayette, KY ($119,680) and Elizabethtown, KY.

How does the Nurse Practitioner salary in Central Kentucky compare to the national average?

The average annual salary for Nurse Practitioners in Central Kentucky's nonmetropolitan area is $115,470, which is lower than the national average of $131,710.

What is the Cost of Living in Central Kentucky nonmetropolitan area?

The Cost of Living Index in the Central Kentucky nonmetropolitan area is 100, which is exactly the national average.

How concentrated is the Nurse Practitioner workforce in this region?

The Location Quotient for Nurse Practitioners in this region is 0.83, indicating a slightly lower concentration compared to the national average.

What is the total number of Nurse Practitioners in Central Kentucky nonmetropolitan area?

There are approximately 290 Nurse Practitioners employed in the Central Kentucky nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Central Kentucky nonmetropolitan area area with a job density of 1.658 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.