Average Nurse Practitioners Salary in Lafayette, LA
Nurse Practitioners in Lafayette, LA, command an average annual salary of $123,230. This figure is slightly below the national average of $131,710, suggesting that while the demand is present, local market dynamics and potentially other factors contribute to this compensation. Understanding these local nuances is key for healthcare professionals in the region.
Executive Summary
- Average Salary: $123,230 per year.
- Growth Trend: Salaries have shifted 2.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $156,680.
- Outlook: With a local workforce of 390 Nurse Practitioners, Lafayette, LA, demonstrates a stable presence in the healthcare sector. The Location Quotient of 1.13 indicates a concentration of these professionals slightly above the national average, suggesting a healthy and potentially growing demand for their specialized skills within the Lafayette area.
Salary Overview
The average Nurse Practitioners in Lafayette, LA earns-6.4%below the national average.
$59.2
$2,370
$10,269
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that Nurse Practitioner salaries in Lafayette, LA, have experienced a steady upward trend over the past four years, mirroring national patterns. Factors such as increasing healthcare needs, advancements in medical technology, and a growing demand for advanced practice providers likely contribute to this positive salary trajectory.
Nurse Practitioners Salary Distribution in Lafayette, LA
The career path for Nurse Practitioners in Lafayette, LA, typically shows significant salary progression with experience. Entry-level positions may start at a lower percentile, but as practitioners gain experience, develop specialized skills, and take on more responsibility, their earning potential increases substantially, reaching higher percentiles of the salary range.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $98,190 | $47.2 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $92,423 | $44.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $120,670 | $58 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $154,038 | $74.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $156,680 | $75.3 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$123,230
Gross Pay
Real Wage (Purchasing Power)
$123,230
Adjusted for COL (100)
The average annual salary of $123,230 in Lafayette, LA, 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 Lafayette is equivalent to the national average, offering a stable financial footing for residents.
Job Market Context
390
Total Jobs
2.246
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Lafayette, LA has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.
A Location Quotient of 1.13 signifies that Lafayette, LA, has a slightly higher concentration of Nurse Practitioners compared to the national average. This suggests a robust job market where demand is at least on par with, if not exceeding, the national average, making it a competitive yet potentially rewarding environment for these professionals.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Baton Rouge, LA Nurse Practitioners Salary | $130,160↑ 6% | 56 mi |
| Southwest Louisiana nonmetropolitan area Nurse Practitioners Salary | $122,050↓ 1% | 67 mi |
| Central Louisiana nonmetropolitan area Nurse Practitioners Salary | $130,120↑ 6% | 67 mi |
| Northeast Louisiana nonmetropolitan area Nurse Practitioners Salary | $123,520↑ 0% | 67 mi |
| Lake Charles, LA Nurse Practitioners Salary | $128,220↑ 4% | 70 mi |
Comparing salaries near Lafayette, LA
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Lafayette, LA?
The median annual salary for a Nurse Practitioners in Lafayette, LA is $123,230. This typically ranges from $98,190 for entry-level positions to $156,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette, LA is 6.4% lower than the national median of $131,710.
Is Lafayette, LA a lucrative place for Nurse Practitioners?
Yes, Lafayette, LA offers a competitive salary for Nurse Practitioners.Nurse Practitioners in Lafayette earn an average of $123,230, which is competitive, especially considering the cost of living is at the national average.
Is Lafayette, LA a good place to live for Nurse Practitioners?
The Cost of Living Index in Lafayette, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette, LA?
Some top paying nearby cities include Baton Rouge, LA ($130,160) and Southwest Louisiana nonmetropolitan area.
How does the Lafayette NP salary compare to the national average?
The average annual salary for Nurse Practitioners in Lafayette, LA is $123,230, which is slightly lower than the national average of $131,710.
What is the concentration of Nurse Practitioners in Lafayette, LA?
Lafayette, LA has a Location Quotient of 1.13 for Nurse Practitioners, indicating a concentration slightly above the national average.
How does the cost of living in Lafayette, LA affect NP salaries?
With a Cost of Living Index of 100, Lafayette's cost of living is exactly at the national average, meaning the $123,230 salary has equivalent purchasing power nationally.
What is the total workforce size for Nurse Practitioners in Lafayette, LA?
There are approximately 390 Nurse Practitioners employed in the Lafayette, LA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Lafayette, LA area with a job density of 2.246 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 Lafayette, LA