Average Nurse Practitioners Salary in Evansville, IN
Nurse Practitioners in Evansville, IN, earn an average annual salary of $117,060. This figure is notably below the national average of $131,710, suggesting local market dynamics and potentially a different supply-demand balance influence compensation in this region. The cost of living in Evansville aligns perfectly with the national average, making the local salary's purchasing power comparable to other areas.
Executive Summary
- Average Salary: $117,060 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $141,540.
- Outlook: With a local workforce of 350 Nurse Practitioners and a Location Quotient of 1.29, Evansville demonstrates a concentration of these professionals slightly above the national average. This indicates a steady demand and a stable job market for Nurse Practitioners within the city, suggesting good opportunities for both new entrants and experienced professionals.
Salary Overview
The average Nurse Practitioners in Evansville, IN earns-11.1%below the national average.
$56.3
$2,251
$9,755
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that Nurse Practitioner salaries in Evansville, IN, have experienced growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, evolving scope of practice, and inflation likely contribute to a positive salary trajectory for these essential healthcare providers.
Nurse Practitioners Salary Distribution in Evansville, IN
Salary progression for Nurse Practitioners in Evansville, IN, typically correlates with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn significantly more, potentially reaching higher percentiles of the salary range. The gap between entry-level and senior roles signifies clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $97,640 | $46.9 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $87,795 | $42.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $122,760 | $59 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $146,325 | $70.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $141,540 | $68 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$117,060
Gross Pay
Real Wage (Purchasing Power)
$117,060
Adjusted for COL (100)
The average annual salary of $117,060 in Evansville, IN, is perfectly balanced by a Cost of Living Index of 100, which is the national average. This means that the nominal salary offers a purchasing power equivalent to the national average, providing a stable financial foundation for Nurse Practitioners relocating to or residing in the area.
Job Market Context
350
Total Jobs
2.579
Per 1K Jobs
1.29
Location Quotient
With a location quotient of 1.29, Evansville, IN has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.
Evansville, IN, exhibits a Location Quotient of 1.29 for Nurse Practitioners, indicating a higher concentration of these professionals compared to the national average. This suggests a robust and potentially competitive job market where demand is slightly elevated, offering good employment prospects for qualified individuals.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Owensboro, KY Nurse Practitioners Salary | $115,810↓ 1% | 28 mi |
| Paducah, KY-IL Nurse Practitioners Salary | $112,600↓ 4% | 88 mi |
| Bowling Green, KY Nurse Practitioners Salary | $112,990↓ 3% | 92 mi |
| Elizabethtown, KY Nurse Practitioners Salary | $117,370↑ 0% | 93 mi |
| Bloomington, IN Nurse Practitioners Salary | $121,620↑ 4% | 98 mi |
Comparing salaries near Evansville, IN
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Evansville, IN?
The median annual salary for a Nurse Practitioners in Evansville, IN is $117,060. This typically ranges from $97,640 for entry-level positions to $141,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Evansville, IN is 11.1% lower than the national median of $131,710.
Is Evansville, IN 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 in Evansville is also at the national average, making the compensation competitive in terms of purchasing power. The strong Location Quotient indicates a healthy demand for the role.
Is Evansville, IN a good place to live for Nurse Practitioners?
The Cost of Living Index in Evansville, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Evansville, IN?
Some top paying nearby cities include Owensboro, KY ($115,810) and Paducah, KY-IL.
How does Evansville's Nurse Practitioner salary compare to the national average?
Nurse Practitioners in Evansville, IN, earn an average of $117,060 annually, which is less than the national average of $131,710.
What is the Cost of Living in Evansville, IN?
The Cost of Living Index in Evansville, IN, is 100, which is exactly the national average, meaning it is neither more nor less expensive to live there compared to the rest of the country.
How concentrated are Nurse Practitioners in Evansville, IN?
Evansville, IN, has a Location Quotient of 1.29 for Nurse Practitioners, indicating a slightly higher concentration of these professionals than the national average.
How many Nurse Practitioners are there in Evansville, IN?
There are approximately 350 Nurse Practitioners employed in Evansville, IN.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Evansville, IN area with a job density of 2.579 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 Evansville, IN