SalaryNode

Average Nurse Practitioners Salary in Providence-Warwick, RI-MA

Nurse Practitioners in the Providence-Warwick, RI-MA area earn an impressive average annual salary of $138,090. This figure slightly surpasses the national average of $131,710, indicating a favorable compensation landscape for these vital healthcare professionals. The localized demand and specific healthcare needs within the region contribute to this elevated pay scale.

Executive Summary

  • Average Salary: $138,090 per year.
  • Growth Trend: Salaries have shifted 16.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $175,870.
  • Outlook: With a local workforce of 1,490 Nurse Practitioners, the Providence-Warwick area demonstrates a substantial presence of this profession. The Location Quotient of 1.05 suggests a concentration of Nurse Practitioners that is slightly above the national average, implying a steady and robust demand for their specialized skills within the local healthcare ecosystem.
2024 Market Data

Salary Overview

$138,090

The average Nurse Practitioners in Providence-Warwick, RI-MA earns+4.8%above the national average.

BreakdownBased on 40h/week
Hourly

$66.4

Weekly

$2,656

Monthly

$11,508

Nurse Practitioners Salary Distribution in Providence-Warwick, RI-MA

Salary progression for Nurse Practitioners in Providence-Warwick, RI-MA, is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and specialized certifications can expect to earn substantially more. The widening gap between the lower and upper salary percentiles underscores the clear career trajectory and earning potential available as one advances in their career.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$107,500$51.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$103,568$49.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$130,640$62.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$172,613$83
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$175,870$84.6

Detailed Nurse Practitioners Market Analysis

Relocation Context

Nominal Salary

$138,090

Gross Pay

Real Wage (Purchasing Power)

$138,090

Adjusted for COL (100)

The average annual salary of $138,090 in Providence-Warwick, RI-MA, 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 standard, offering a stable financial environment for residents without the added pressure of higher living expenses.

Job Market Context

1,490

Total Jobs

2.103

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Providence-Warwick, RI-MA has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.

A Location Quotient of 1.05 indicates that Nurse Practitioners are slightly more concentrated in the Providence-Warwick, RI-MA area compared to the national average. This suggests a healthy, competitive job market where employers actively seek qualified candidates, but the supply is also reasonably well-matched to demand, ensuring consistent employment opportunities.

Nearby Job Markets

Nearby Cities for Nurse Practitioners

Comparing salaries near Providence-Warwick, RI-MA

Hiring Nurse Practitionerss?

Frequently Asked Questions

How much does a Nurse Practitioners make in Providence-Warwick, RI-MA?

The median annual salary for a Nurse Practitioners in Providence-Warwick, RI-MA is $138,090. This typically ranges from $107,500 for entry-level positions to $175,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Providence-Warwick, RI-MA is 4.8% higher than the national median of $131,710.

Is Providence-Warwick, RI-MA a lucrative place for Nurse Practitioners?

Yes, it is a lucrative area for Nurse Practitioners.Nurse Practitioners in Providence-Warwick earn above the national average salary, and the cost of living is on par with the national average, offering excellent purchasing power.

Is Providence-Warwick, RI-MA a good place to live for Nurse Practitioners?

The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Providence-Warwick, RI-MA?

Some top paying nearby cities include Massachusetts nonmetropolitan area ($142,730) and Worcester, MA.

How does the Nurse Practitioner salary in Providence-Warwick compare to the national average?

The average annual salary for Nurse Practitioners in Providence-Warwick is $138,090, which is higher than the national average of $131,710.

What is the cost of living in Providence-Warwick, RI-MA for Nurse Practitioners?

The cost of living in Providence-Warwick is exactly at the national average, with an index of 100, meaning your salary has average purchasing power.

How concentrated is the Nurse Practitioner job market in Providence-Warwick?

The job market shows a slight concentration above the national average, with a Location Quotient of 1.05, indicating a healthy demand for Nurse Practitioners.

What is the total number of Nurse Practitioners employed in Providence-Warwick?

There are approximately 1,490 Nurse Practitioners employed within the Providence-Warwick, RI-MA 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 1,490 employees in the Providence-Warwick, RI-MA area with a job density of 2.103 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.