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Average Nurse Practitioners Salary in Lynchburg, VA

Nurse Practitioners in Lynchburg, VA, earn an average annual salary of $111,160. This figure is notably below the national average of $131,710, suggesting that local market dynamics and potentially regional demand influence compensation. While the salary is lower than the national benchmark, understanding the local economic context is crucial for a complete picture.

Executive Summary

  • Average Salary: $111,160 per year.
  • Growth Trend: Salaries have shifted 14.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $130,500.
  • Outlook: With a local workforce of 220 Nurse Practitioners and a Location Quotient of 1.14, Lynchburg demonstrates a slightly higher concentration of these professionals than the national average. This indicates a steady, albeit not overwhelmingly robust, demand for their services within the region, suggesting a stable job market for experienced practitioners.
2024 Market Data

Salary Overview

$111,160

The average Nurse Practitioners in Lynchburg, VA earns-15.6%below the national average.

BreakdownBased on 40h/week
Hourly

$53.4

Weekly

$2,138

Monthly

$9,263

Nurse Practitioners Salary Distribution in Lynchburg, VA

Salary progression for Nurse Practitioners in Lynchburg, VA, 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. The gap between the 25th percentile and the 75th percentile salaries often signifies the potential for career advancement and increased earning power.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$71,560$34.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$83,370$40.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$108,260$52
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$138,950$66.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$130,500$62.7

Detailed Nurse Practitioners Market Analysis

Relocation Context

Nominal Salary

$111,160

Gross Pay

Real Wage (Purchasing Power)

$111,160

Adjusted for COL (100)

The average annual salary of $111,160 in Lynchburg, VA, 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 Lynchburg is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

220

Total Jobs

2.265

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Lynchburg, VA has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.

A Location Quotient of 1.14 suggests that Nurse Practitioners are slightly more concentrated in Lynchburg, VA, than in the typical U.S. metropolitan area. This indicates a healthy presence of these professionals, implying a competitive yet accessible job market where employers actively seek qualified candidates.

Nearby Job Markets

Nearby Cities for Nurse Practitioners

Comparing salaries near Lynchburg, VA

Hiring Nurse Practitionerss?

Frequently Asked Questions

How much does a Nurse Practitioners make in Lynchburg, VA?

The median annual salary for a Nurse Practitioners in Lynchburg, VA is $111,160. This typically ranges from $71,560 for entry-level positions to $130,500 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lynchburg, VA is 15.6% lower than the national median of $131,710.

Is Lynchburg, VA a lucrative place for Nurse Practitioners?

No, not when compared to the national average.While Nurse Practitioners in Lynchburg earn a respectable $111,160 annually, this is below the national average of $131,710. However, the cost of living is also at the national average, making the salary's purchasing power equivalent.

Is Lynchburg, VA a good place to live for Nurse Practitioners?

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

Where are the highest paying cities near Lynchburg, VA?

Some top paying nearby cities include Roanoke, VA ($118,890) and Staunton-Stuarts Draft, VA.

What is the average salary for a Nurse Practitioner in Lynchburg, VA?

The average annual salary for a Nurse Practitioner in Lynchburg, VA, is $111,160.

How does Lynchburg, VA's Nurse Practitioner salary compare to the national average?

Nurse Practitioners in Lynchburg, VA, earn approximately $20,550 less per year than the national average salary of $131,710.

What is the cost of living in Lynchburg, VA?

The cost of living in Lynchburg, VA, is at the national average, indicated by a Cost of Living Index of 100.

How concentrated are Nurse Practitioners in Lynchburg, VA?

Nurse Practitioners are slightly more concentrated in Lynchburg, VA, with a Location Quotient of 1.14, indicating a presence slightly above the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Lynchburg, VA area with a job density of 2.265 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.