Average Nurse Practitioners Salary in Portland-South Portland, ME
Nurse Practitioners in the Portland-South Portland, ME area earn an average annual salary of $121,560. This figure is slightly below the national average of $131,710, suggesting that while demand is present, regional compensation structures may differ. Local economic factors and the specific healthcare landscape likely influence this pay rate.
Executive Summary
- Average Salary: $121,560 per year.
- Growth Trend: Salaries have shifted 9.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $158,810.
- Outlook: The Portland-South Portland, ME region supports a robust workforce of approximately 700 Nurse Practitioners. With a Location Quotient of 1.23, the concentration of these professionals is higher than the national average, indicating a strong and established presence in the local job market. This suggests consistent demand and opportunities for skilled Nurse Practitioners.
Salary Overview
The average Nurse Practitioners in Portland-South Portland, ME earns-7.7%below the national average.
$58.4
$2,338
$10,130
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Nurse Practitioner salaries in Portland-South Portland, ME have experienced growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, evolving scope of practice, and inflation typically drive salary increases in this vital profession.
Nurse Practitioners Salary Distribution in Portland-South Portland, ME
Salary progression for Nurse Practitioners in Portland-South Portland, ME typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies significant career advancement opportunities and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $99,480 | $47.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $91,170 | $43.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $121,810 | $58.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $151,950 | $73.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $158,810 | $76.4 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$121,560
Gross Pay
Real Wage (Purchasing Power)
$121,560
Adjusted for COL (100)
The average annual salary of $121,560 in Portland-South Portland, ME 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 area is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
700
Total Jobs
2.458
Per 1K Jobs
1.23
Location Quotient
With a location quotient of 1.23, Portland-South Portland, ME has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.
A Location Quotient of 1.23 signifies that Nurse Practitioners are more concentrated in Portland-South Portland, ME than the national average. This suggests a healthy and active job market for these professionals, with a greater availability of roles relative to the general workforce, potentially leading to competitive hiring environments.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Lewiston-Auburn, ME Nurse Practitioners Salary | $135,530↑ 11% | 29 mi |
| Central New Hampshire nonmetropolitan area Nurse Practitioners Salary | $128,560↑ 6% | 67 mi |
| Northern New Hampshire nonmetropolitan area Nurse Practitioners Salary | $133,850↑ 10% | 67 mi |
| Southwestern New Hampshire nonmetropolitan area Nurse Practitioners Salary | $133,070↑ 9% | 67 mi |
| Manchester-Nashua, NH Nurse Practitioners Salary | $132,040↑ 9% | 76 mi |
Comparing salaries near Portland-South Portland, ME
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Portland-South Portland, ME?
The median annual salary for a Nurse Practitioners in Portland-South Portland, ME is $121,560. This typically ranges from $99,480 for entry-level positions to $158,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Portland-South Portland, ME is 7.7% lower than the national median of $131,710.
Is Portland-South Portland, ME a lucrative place for Nurse Practitioners?
Yes, it offers competitive compensation relative to the cost of living.Nurse Practitioners in Portland-South Portland, ME earn $121,560 annually, which aligns with the national average cost of living. The higher-than-average concentration of these roles indicates strong local demand.
Is Portland-South Portland, ME a good place to live for Nurse Practitioners?
The Cost of Living Index in Portland-South Portland, ME is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Portland-South Portland, ME?
Some top paying nearby cities include Lewiston-Auburn, ME ($135,530) and Central New Hampshire nonmetropolitan area.
How does the Portland-South Portland, ME Nurse Practitioner salary compare to the national average?
The average annual salary for Nurse Practitioners in Portland-South Portland, ME is $121,560, which is slightly lower than the national average of $131,710.
What is the concentration of Nurse Practitioners in Portland-South Portland, ME?
The concentration of Nurse Practitioners in Portland-South Portland, ME is indicated by a Location Quotient of 1.23, meaning they are more prevalent than the national average.
How does the cost of living affect the Nurse Practitioner salary in Portland-South Portland, ME?
The cost of living in Portland-South Portland, ME is at the national average (100), meaning the $121,560 salary has equivalent purchasing power to the national average salary.
What is the total number of Nurse Practitioners in the Portland-South Portland, ME area?
There are approximately 700 Nurse Practitioners employed in the Portland-South Portland, ME metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 700 employees in the Portland-South Portland, ME area with a job density of 2.458 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 Portland-South Portland, ME