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Average Nurse Practitioners Salary in Knoxville, TN

Nurse Practitioners in Knoxville, TN, earn an average annual salary of $106,310. This figure is notably below the national average of $131,710, suggesting localized economic factors or a different market dynamic at play within the Knoxville region. The specific pay rates are influenced by the demand, cost of living, and the concentration of healthcare facilities in the area.

Executive Summary

  • Average Salary: $106,310 per year.
  • Growth Trend: Salaries have shifted 6.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $129,710.
  • Outlook: The Knoxville, TN market supports a substantial workforce of 1,930 Nurse Practitioners. With a Location Quotient of 2.32, this indicates a significantly higher concentration of these professionals compared to the national average. This robust presence suggests a strong and established demand for Nurse Practitioners within the region, pointing to a healthy job market.
2024 Market Data

Salary Overview

$106,310

The average Nurse Practitioners in Knoxville, TN earns-19.3%below the national average.

BreakdownBased on 40h/week
Hourly

$51.1

Weekly

$2,044

Monthly

$8,859

Nurse Practitioners Salary Distribution in Knoxville, TN

Salary progression for Nurse Practitioners in Knoxville, TN, 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 salary percentiles. The gap between entry-level and senior roles signifies substantial career growth opportunities and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$56,990$27.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$79,733$38.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$107,320$51.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$132,888$63.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$129,710$62.4

Detailed Nurse Practitioners Market Analysis

Relocation Context

Nominal Salary

$106,310

Gross Pay

Real Wage (Purchasing Power)

$106,310

Adjusted for COL (100)

The average annual salary of $106,310 in Knoxville, TN, 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 Knoxville is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

1,930

Total Jobs

4.623

Per 1K Jobs

2.32

Location Quotient

Major Hub

Knoxville, TN has 2.3x 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.

Knoxville, TN, exhibits a strong concentration of Nurse Practitioners, as evidenced by its Location Quotient of 2.32. This significantly higher-than-average concentration suggests that the job market is not only robust but also potentially competitive, with a deep pool of talent available for healthcare employers.

Nearby Job Markets

Nearby Cities for Nurse Practitioners

Comparing salaries near Knoxville, TN

Hiring Nurse Practitionerss?

Frequently Asked Questions

How much does a Nurse Practitioners make in Knoxville, TN?

The median annual salary for a Nurse Practitioners in Knoxville, TN is $106,310. This typically ranges from $56,990 for entry-level positions to $129,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Knoxville, TN is 19.3% lower than the national median of $131,710.

Is Knoxville, TN a lucrative place for Nurse Practitioners?

Yes, but with caveats.While the average salary of $106,310 is below the national average, the cost of living is also at the national average, making the nominal salary hold its value. The high concentration of NPs indicates strong local demand.

Is Knoxville, TN a good place to live for Nurse Practitioners?

The Cost of Living Index in Knoxville, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Knoxville, TN?

Some top paying nearby cities include Morristown, TN ($100,740) and Cleveland, TN.

How does the Knoxville NP salary compare to the national average?

Nurse Practitioners in Knoxville, TN, earn an average of $106,310 annually, which is approximately $25,400 less than the national average of $131,710.

What is the concentration of Nurse Practitioners in Knoxville, TN?

Knoxville, TN, has a Location Quotient of 2.32 for Nurse Practitioners, meaning the concentration of these professionals is more than double the national average.

How does the cost of living in Knoxville affect NP salaries?

Knoxville's Cost of Living Index is 100, matching the national average. This means the $106,310 salary has the same purchasing power as the national average salary.

What does the total workforce number indicate for Nurse Practitioners in Knoxville?

With 1,930 Nurse Practitioners, Knoxville has a significant local workforce, reinforcing the high concentration and suggesting a stable job market for these professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,930 employees in the Knoxville, TN area with a job density of 4.623 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.