Average Nurse Practitioners Salary in Florence, SC
Nurse Practitioners in Florence, SC, earn an average annual salary of $122,600. This figure is slightly below the national average of $131,710, a common occurrence in regions with a lower cost of living or a different market demand structure. The specific economic landscape and healthcare needs of Florence, SC, directly influence this localized compensation.
Executive Summary
- Average Salary: $122,600 per year.
- Growth Trend: Salaries have shifted 18.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $152,590.
- Outlook: Florence, SC, boasts a concentrated workforce of 280 Nurse Practitioners, indicated by a Location Quotient of 1.55. This suggests a higher-than-average presence of these professionals relative to the national distribution, pointing towards a robust and potentially growing demand for their specialized skills within the local healthcare ecosystem.
Salary Overview
The average Nurse Practitioners in Florence, SC earns-6.9%below the national average.
$58.9
$2,358
$10,217
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data for Florence, SC, is not provided, it is reasonable to assume that Nurse Practitioner salaries in the region have experienced consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, an aging population, and advancements in medical practice likely contribute to upward pressure on compensation for these vital healthcare providers.
Nurse Practitioners Salary Distribution in Florence, SC
Salary progression for Nurse Practitioners in Florence, SC, typically scales significantly with experience. Entry-level practitioners may start at a lower percentile, while seasoned professionals with extensive clinical experience and specialized certifications can command salaries in the upper percentiles, reflecting their advanced expertise and value to healthcare organizations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $66,440 | $31.9 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $91,950 | $44.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $121,670 | $58.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $153,250 | $73.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $152,590 | $73.4 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$122,600
Gross Pay
Real Wage (Purchasing Power)
$122,600
Adjusted for COL (100)
With an average annual salary of $122,600 and a Cost of Living Index of 100, Nurse Practitioners in Florence, SC, experience a salary that aligns perfectly with the national average cost of living. This means the nominal income translates directly to purchasing power comparable to the national standard, offering stable financial footing for residents.
Job Market Context
280
Total Jobs
3.081
Per 1K Jobs
1.55
Location Quotient
Florence, SC has 1.6x the national concentration of Nurse Practitioners jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.55 for Nurse Practitioners in Florence, SC, signifies a notable concentration of these professionals compared to the national average. This indicates a strong local market for Nurse Practitioners, suggesting that employers may actively seek to attract and retain talent, potentially leading to competitive job opportunities and compensation packages.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Sumter, SC Nurse Practitioners Salary | $104,930↓ 14% | 38 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Nurse Practitioners Salary | $112,680↓ 8% | 61 mi |
| Columbia, SC Nurse Practitioners Salary | $113,180↓ 8% | 64 mi |
| Northwestern South Carolina nonmetropolitan area Nurse Practitioners Salary | $109,940↓ 10% | 70 mi |
| Northeastern South Carolina nonmetropolitan area Nurse Practitioners Salary | $112,040↓ 9% | 70 mi |
Comparing salaries near Florence, SC
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Florence, SC?
The median annual salary for a Nurse Practitioners in Florence, SC is $122,600. This typically ranges from $66,440 for entry-level positions to $152,590 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florence, SC is 6.9% lower than the national median of $131,710.
Is Florence, SC a lucrative place for Nurse Practitioners?
Yes, Florence, SC offers a competitive environment for Nurse Practitioners.The average salary of $122,600, coupled with a cost of living index at the national average, provides strong purchasing power. Furthermore, a Location Quotient of 1.55 indicates a concentrated demand for these professionals.
Is Florence, SC a good place to live for Nurse Practitioners?
The Cost of Living Index in Florence, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florence, SC?
Some top paying nearby cities include Sumter, SC ($104,930) and Myrtle Beach-Conway-North Myrtle Beach, SC.
How does the Nurse Practitioner salary in Florence, SC compare to the national average?
Nurse Practitioners in Florence, SC, earn an average of $122,600 annually, which is slightly lower than the national average of $131,710.
What is the significance of the Location Quotient (LQ) for Nurse Practitioners in Florence, SC?
An LQ of 1.55 means Florence, SC, has 55% more Nurse Practitioners per worker than the national average, indicating a strong local presence and demand for the profession.
How does the cost of living in Florence, SC affect the Nurse Practitioner salary?
With a Cost of Living Index of 100, Florence, SC, matches the national average. This means the $122,600 salary offers purchasing power equivalent to the national standard.
What is the total number of Nurse Practitioners employed in Florence, SC?
There are approximately 280 Nurse Practitioners employed in Florence, SC, representing a significant portion of the local healthcare workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Florence, SC area with a job density of 3.081 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 Florence, SC