Average Nurse Practitioners Salary in Montgomery, AL
Nurse Practitioners in Montgomery, AL, can expect an average annual salary of $111,120. This figure is notably below the national average of $131,710, a disparity often influenced by regional economic factors and the specific healthcare demands within the Montgomery area. Local market dynamics and the cost of doing business play a significant role in shaping compensation for these vital healthcare professionals.
Executive Summary
- Average Salary: $111,120 per year.
- Growth Trend: Salaries have shifted 3.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $139,090.
- Outlook: The Nurse Practitioner job market in Montgomery, AL, shows a moderate level of concentration, with a Location Quotient of 0.73, indicating a slightly lower presence compared to the national average. The total local workforce of 240 professionals suggests a stable, albeit not rapidly expanding, demand for their specialized skills. This workforce size, coupled with the concentration metric, points to a consistent need for Nurse Practitioners within the region's healthcare infrastructure.
Salary Overview
The average Nurse Practitioners in Montgomery, AL earns-15.6%below the national average.
$53.4
$2,137
$9,260
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data for Montgomery, AL is not provided, it is generally assumed that salaries for Nurse Practitioners nationwide have experienced steady growth over the past four years, driven by increasing demand for advanced practice providers and evolving healthcare landscapes. This trend likely extends to Montgomery, with compensation adjustments reflecting both inflation and the growing importance of the Nurse Practitioner role in patient care.
Nurse Practitioners Salary Distribution in Montgomery, AL
Salary progression for Nurse Practitioners in Montgomery, AL, typically correlates with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized certifications can anticipate higher earnings. The gap between starting salaries and those of senior practitioners signifies clear career advancement opportunities and the increasing value placed on expertise and proven performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $87,150 | $41.9 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $83,340 | $40.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $105,780 | $50.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $138,900 | $66.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $139,090 | $66.9 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$111,120
Gross Pay
Real Wage (Purchasing Power)
$111,120
Adjusted for COL (100)
The average annual salary of $111,120 in Montgomery, AL, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the nominal income earned by Nurse Practitioners in Montgomery holds its purchasing power at the national standard. While the salary is below the national average for the profession, the equivalent cost of living suggests that the take-home pay is relatively stable in terms of what it can buy locally.
Job Market Context
240
Total Jobs
1.453
Per 1K Jobs
0.73
Location Quotient
Montgomery, AL has 0.73x the national average concentration of Nurse Practitioners jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.73, Montgomery, AL, has a slightly lower concentration of Nurse Practitioners relative to the national average. This suggests that while the profession is established, the market may not be oversaturated, potentially offering a balanced environment for job seekers. The ratio of 1.453 jobs per 1,000 workers further indicates a steady, consistent demand for these professionals within the local healthcare system.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Northeast Alabama nonmetropolitan area Nurse Practitioners Salary | $114,120↑ 3% | 44 mi |
| Southeast Alabama nonmetropolitan area Nurse Practitioners Salary | $112,220↑ 1% | 44 mi |
| Northwest Alabama nonmetropolitan area Nurse Practitioners Salary | $110,060↓ 1% | 44 mi |
| Southwest Alabama nonmetropolitan area Nurse Practitioners Salary | $106,640↓ 4% | 44 mi |
| Auburn-Opelika, AL Nurse Practitioners Salary | $106,840↓ 4% | 49 mi |
Comparing salaries near Montgomery, AL
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Montgomery, AL?
The median annual salary for a Nurse Practitioners in Montgomery, AL is $111,120. This typically ranges from $87,150 for entry-level positions to $139,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Montgomery, AL is 15.6% lower than the national median of $131,710.
Is Montgomery, AL a lucrative place for Nurse Practitioners?
No, not exceptionally lucrative compared to the national average.While the average salary of $111,120 is substantial, it falls below the national average of $131,710. However, the cost of living matching the national average means the purchasing power of this salary is standard.
Is Montgomery, AL a good place to live for Nurse Practitioners?
The Cost of Living Index in Montgomery, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Montgomery, AL?
Some top paying nearby cities include Northeast Alabama nonmetropolitan area ($114,120) and Southeast Alabama nonmetropolitan area.
How does Montgomery's Nurse Practitioner salary compare to the national average?
The average annual salary for Nurse Practitioners in Montgomery, AL, is $111,120, which is lower than the national average of $131,710.
What is the cost of living in Montgomery, AL for Nurse Practitioners?
Montgomery, AL, has a cost of living index of 100, which is exactly the national average, meaning the local expenses are comparable to the rest of the country.
How concentrated is the Nurse Practitioner job market in Montgomery, AL?
The job market concentration, measured by the Location Quotient, is 0.73, indicating a slightly lower presence of Nurse Practitioners compared to the national average.
What is the total number of Nurse Practitioners in Montgomery, AL?
There are approximately 240 Nurse Practitioners working in Montgomery, AL, reflecting a stable local workforce for this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Montgomery, AL area with a job density of 1.453 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 Montgomery, AL