Average Nurse Practitioners Salary in Northwest Minnesota nonmetropolitan area
Nurse Practitioners in the Northwest Minnesota nonmetropolitan area earn an impressive average annual salary of $132,280. This figure slightly surpasses the national average of $131,710, indicating a competitive compensation landscape. The specific economic drivers and healthcare needs of this region likely contribute to this favorable pay scale for advanced practice registered nurses.
Executive Summary
- Average Salary: $132,280 per year.
- Growth Trend: Salaries have shifted 11.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,940.
- Outlook: With a local workforce of 280 Nurse Practitioners, the job market in Northwest Minnesota nonmetropolitan area presents a stable environment. The Location Quotient of 0.72 suggests a slightly lower concentration of Nurse Practitioners compared to the national average, implying a steady demand for these professionals within the region's healthcare system.
Salary Overview
The average Nurse Practitioners in Northwest Minnesota nonmetropolitan area earns+0.4%above the national average.
$63.6
$2,544
$11,023
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume a positive salary growth trend for Nurse Practitioners over the past four years, mirroring national trends. Factors such as increasing healthcare demands, an aging population, and the expanding scope of practice for Nurse Practitioners generally drive up compensation across most geographic areas.
Nurse Practitioners Salary Distribution in Northwest Minnesota nonmetropolitan area
Salary progression for Nurse Practitioners in Northwest Minnesota nonmetropolitan area typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries significantly higher, potentially reaching into the upper percentiles. These percentile gaps are a clear indicator of career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $96,010 | $46.2 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $99,210 | $47.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $131,700 | $63.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $165,350 | $79.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $164,940 | $79.3 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$132,280
Gross Pay
Real Wage (Purchasing Power)
$132,280
Adjusted for COL (100)
The nominal average annual salary of $132,280 in Northwest Minnesota nonmetropolitan area 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 this region is equivalent to the national average, offering a stable financial footing without the added pressure of higher living expenses.
Job Market Context
280
Total Jobs
1.438
Per 1K Jobs
0.72
Location Quotient
Northwest Minnesota nonmetropolitan area has 0.72x 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.
A Location Quotient of 0.72 indicates that Northwest Minnesota nonmetropolitan area 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 leading to good opportunities for qualified individuals seeking employment in the area.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Nurse Practitioners Salary | $128,890↓ 3% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Nurse Practitioners Salary | $128,740↓ 3% | 58 mi |
Comparing salaries near Northwest Minnesota nonmetropolitan area
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Northwest Minnesota nonmetropolitan area?
The median annual salary for a Nurse Practitioners in Northwest Minnesota nonmetropolitan area is $132,280. This typically ranges from $96,010 for entry-level positions to $164,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Minnesota nonmetropolitan area is 0.4% higher than the national median of $131,710.
Is Northwest Minnesota nonmetropolitan area a lucrative place for Nurse Practitioners?
Yes, it offers competitive compensation.Nurse Practitioners in this region earn slightly above the national average salary. Coupled with a national average cost of living, this makes the area financially attractive.
Is Northwest Minnesota nonmetropolitan area a good place to live for Nurse Practitioners?
The Cost of Living Index in Northwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($128,890) and Minneapolis-St. Paul-Bloomington, MN-WI.
How does the Nurse Practitioner salary compare to the national average?
The average annual salary for Nurse Practitioners in Northwest Minnesota nonmetropolitan area is $132,280, which is slightly higher than the national average of $131,710.
What is the Cost of Living in Northwest Minnesota nonmetropolitan area?
The Cost of Living Index for Northwest Minnesota nonmetropolitan area is 100, which is exactly the national average, indicating that everyday expenses are comparable to the rest of the country.
How many Nurse Practitioners work in Northwest Minnesota nonmetropolitan area?
There are approximately 280 Nurse Practitioners employed in the Northwest Minnesota nonmetropolitan area.
Is there high demand for Nurse Practitioners in this region?
With a Location Quotient of 0.72, the concentration of Nurse Practitioners is slightly below the national average, suggesting a potentially steady demand for these professionals in the region's healthcare sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Northwest Minnesota nonmetropolitan area area with a job density of 1.438 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 Northwest Minnesota nonmetropolitan area