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Average Nurse Practitioners Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Nurse Practitioners in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area command an impressive average annual salary of $133,360. This figure slightly surpasses the national average of $131,710, indicating a robust demand and potentially higher operational costs or specialized healthcare needs within this region. The local economic landscape and healthcare infrastructure likely contribute to this favorable compensation.

Executive Summary

  • Average Salary: $133,360 per year.
  • Growth Trend: Salaries have shifted 12.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $163,470.
  • Outlook: With a local workforce of 5,780 Nurse Practitioners, the Philadelphia-Camden-Wilmington area demonstrates a significant concentration of these vital healthcare professionals. The Location Quotient of 1.01 suggests that the presence of Nurse Practitioners in this region is very close to the national average, implying a stable and well-established job market that consistently requires their expertise.
2024 Market Data

Salary Overview

$133,360

The average Nurse Practitioners in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+1.3%above the national average.

BreakdownBased on 40h/week
Hourly

$64.1

Weekly

$2,565

Monthly

$11,113

Nurse Practitioners Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Career progression for Nurse Practitioners in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is typically marked by significant salary increases with experience. Entry-level positions will naturally command lower compensation, while seasoned professionals with specialized skills and extensive experience can expect to earn substantially more, often reaching into higher salary percentiles, reflecting their accumulated expertise and value to healthcare employers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$101,850$49
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$100,020$48.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$131,590$63.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$166,700$80.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$163,470$78.6

Detailed Nurse Practitioners Market Analysis

Relocation Context

Nominal Salary

$133,360

Gross Pay

Real Wage (Purchasing Power)

$133,360

Adjusted for COL (100)

The average annual salary of $133,360 for Nurse Practitioners in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 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 standing without the immediate pressure of higher or lower living expenses.

Job Market Context

5,780

Total Jobs

2.015

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.

The Location Quotient of 1.01 for Nurse Practitioners in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area indicates a job market that is almost perfectly aligned with the national average in terms of concentration. This suggests a balanced market where demand and supply are relatively stable, offering consistent opportunities without extreme competition or scarcity for qualified professionals.

Nearby Job Markets

Nearby Cities for Nurse Practitioners

Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

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Frequently Asked Questions

How much does a Nurse Practitioners make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The median annual salary for a Nurse Practitioners in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $133,360. This typically ranges from $101,850 for entry-level positions to $163,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 1.3% higher than the national median of $131,710.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Nurse Practitioners?

Yes, it is a lucrative place for Nurse Practitioners.Nurse Practitioners in this region earn slightly above the national average salary, with a cost of living that matches the national average, indicating strong earning potential.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Nurse Practitioners?

The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

Some top paying nearby cities include Trenton-Princeton, NJ ($143,980) and Vineland, NJ.

How does the Nurse Practitioner salary compare to the national average?

The average annual salary for Nurse Practitioners in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $133,360, which is slightly higher than the national average of $131,710.

What is the concentration of Nurse Practitioners in this area?

The concentration, measured by the Location Quotient, is 1.01, indicating that the number of Nurse Practitioners per worker is very close to the national average.

Does the cost of living affect the Nurse Practitioner salary?

No, the cost of living in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is at the national average (100), meaning the salary of $133,360 has equivalent purchasing power to the national average salary.

How many Nurse Practitioners work in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area?

There are approximately 5,780 Nurse Practitioners employed within the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan statistical area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,780 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 2.015 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.