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.
Salary Overview
The average Nurse Practitioners in Lynchburg, VA earns-15.6%below the national average.
$53.4
$2,138
$9,263
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that Nurse Practitioner salaries in Lynchburg, VA, 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 gradual upward trajectory in compensation for these vital healthcare professionals.
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 Level | Market Percentile | Annual Wage | Hourly 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
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
| City | Salary | Dist. |
|---|---|---|
| Roanoke, VA Nurse Practitioners Salary | $118,890↑ 7% | 43 mi |
| Staunton-Stuarts Draft, VA Nurse Practitioners Salary | $126,780↑ 14% | 53 mi |
| Charlottesville, VA Nurse Practitioners Salary | $126,050↑ 13% | 59 mi |
| Southside Virginia nonmetropolitan area Nurse Practitioners Salary | $119,810↑ 8% | 61 mi |
| Northern West Virginia nonmetropolitan area Nurse Practitioners Salary | $121,980↑ 10% | 61 mi |
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.
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Semantic Salary Analysis for Nurse Practitioners • Data source: BLS OEWS 2024 •Jobs in Lynchburg, VA