Average Nurse Practitioners Salary in Champaign-Urbana, IL
Nurse Practitioners in Champaign-Urbana, IL earn an average annual salary of $118,410. This figure is notably below the national average of $131,710, suggesting that local market dynamics and potentially regional demand influence compensation. While the nominal salary is lower, understanding the cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $118,410 per year.
- Growth Trend: Salaries have shifted 6.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $150,090.
- Outlook: With a local workforce of 230 Nurse Practitioners, Champaign-Urbana exhibits a concentration (Location Quotient) of 1.11, indicating a slightly higher presence of these professionals compared to the national average. This suggests a stable, albeit not rapidly expanding, demand for their specialized skills within the region.
Salary Overview
The average Nurse Practitioners in Champaign-Urbana, IL earns-10.1%below the national average.
$56.9
$2,277
$9,868
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data for Champaign-Urbana is not provided, it is reasonable to assume that Nurse Practitioner salaries in the area have experienced growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in medical practice, and inflation likely contribute to a gradual upward trajectory in compensation for these vital healthcare professionals.
Nurse Practitioners Salary Distribution in Champaign-Urbana, IL
Salary progression for Nurse Practitioners in Champaign-Urbana, IL, typically correlates with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive clinical experience and specialized certifications can expect to earn significantly more. The distribution of salaries across different experience levels, often represented by percentile data, highlights the substantial earning potential as one advances in their career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $40,610 | $19.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $88,808 | $42.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $124,740 | $60 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $148,013 | $71.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $150,090 | $72.2 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$118,410
Gross Pay
Real Wage (Purchasing Power)
$118,410
Adjusted for COL (100)
The average annual salary of $118,410 in Champaign-Urbana, IL, 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 area is equivalent to the national average, offering a stable financial environment without the added pressure of a high cost of living or the benefit of a significantly lower one.
Job Market Context
230
Total Jobs
2.221
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Champaign-Urbana, IL has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.
A Location Quotient of 1.11 signifies that Champaign-Urbana, IL, has a slightly higher concentration of Nurse Practitioners relative to the national average. This suggests a healthy and competitive job market where employers actively seek these skilled professionals, but also indicates that the supply is relatively well-matched to the demand, preventing extreme salary inflation.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Decatur, IL Nurse Practitioners Salary | $119,080↑ 1% | 39 mi |
| West Central Illinois nonmetropolitan area Nurse Practitioners Salary | $126,150↑ 7% | 41 mi |
| East Central Illinois nonmetropolitan area Nurse Practitioners Salary | $122,070↑ 3% | 41 mi |
| Northwest Illinois nonmetropolitan area Nurse Practitioners Salary | $123,460↑ 4% | 41 mi |
| South Illinois nonmetropolitan area Nurse Practitioners Salary | $121,170↑ 2% | 41 mi |
Comparing salaries near Champaign-Urbana, IL
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Champaign-Urbana, IL?
The median annual salary for a Nurse Practitioners in Champaign-Urbana, IL is $118,410. This typically ranges from $40,610 for entry-level positions to $150,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Champaign-Urbana, IL is 10.1% lower than the national median of $131,710.
Is Champaign-Urbana, IL a lucrative place for Nurse Practitioners?
Yes, with a stable cost of living.While the average salary is below the national average, the cost of living is also at the national average, making the nominal salary's purchasing power comparable. The market shows a healthy concentration of roles, indicating consistent demand.
Is Champaign-Urbana, IL a good place to live for Nurse Practitioners?
The Cost of Living Index in Champaign-Urbana, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Champaign-Urbana, IL?
Some top paying nearby cities include Decatur, IL ($119,080) and West Central Illinois nonmetropolitan area.
How does the Champaign-Urbana Nurse Practitioner salary compare to the national average?
Nurse Practitioners in Champaign-Urbana, IL, earn an average of $118,410 annually, which is approximately 10% lower than the national average of $131,710.
What is the cost of living in Champaign-Urbana, IL for Nurse Practitioners?
The cost of living index in Champaign-Urbana, IL, is 100, which is exactly the national average. This means your salary will have average purchasing power.
How many Nurse Practitioners work in Champaign-Urbana, IL?
There are approximately 230 Nurse Practitioners employed in the Champaign-Urbana, IL area.
Is the job market for Nurse Practitioners strong in Champaign-Urbana, IL?
With a Location Quotient of 1.11, the market shows a slightly higher concentration of Nurse Practitioners than the national average, indicating a stable and present demand for these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Champaign-Urbana, IL area with a job density of 2.221 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 Champaign-Urbana, IL