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Average Nurse Practitioners Salary in Reading, PA

Nurse Practitioners in Reading, Pennsylvania, command an impressive average annual salary of $135,270. This figure slightly surpasses the national average of $131,710, indicating a favorable compensation landscape for these vital healthcare professionals within the region. Local demand and the specific healthcare needs of the Reading area likely contribute to this competitive pay.

Executive Summary

  • Average Salary: $135,270 per year.
  • Growth Trend: Salaries have shifted 16.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $160,480.
  • Outlook: With a local workforce of 280 Nurse Practitioners and a Location Quotient of 0.8, Reading, PA, presents a stable, albeit slightly below-average concentration, job market for this profession. The presence of nearly 1.6 jobs per 1,000 workers suggests consistent demand, ensuring a solid employment outlook for skilled Nurse Practitioners in the area.
2024 Market Data

Salary Overview

$135,270

The average Nurse Practitioners in Reading, PA earns+2.7%above the national average.

BreakdownBased on 40h/week
Hourly

$65

Weekly

$2,601

Monthly

$11,273

Nurse Practitioners Salary Distribution in Reading, PA

Salary progression for Nurse Practitioners in Reading, PA, typically correlates strongly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles. These percentile gaps clearly signify substantial career advancement opportunities and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$99,780$48
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$101,453$48.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$135,030$64.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$169,088$81.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$160,480$77.2

Detailed Nurse Practitioners Market Analysis

Relocation Context

Nominal Salary

$135,270

Gross Pay

Real Wage (Purchasing Power)

$135,270

Adjusted for COL (100)

The average annual salary of $135,270 in Reading, PA, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Nurse Practitioner's income in Reading is equivalent to that of their national counterparts, offering a stable financial foundation without significant cost-of-living adjustments.

Job Market Context

280

Total Jobs

1.604

Per 1K Jobs

0.8

Location Quotient

Below Average

Reading, PA has 0.80x 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 0.8 suggests that Reading, PA, has a slightly lower concentration of Nurse Practitioners compared to the national average. This indicates that while the profession is well-established, the market is not oversaturated, potentially offering good opportunities for qualified candidates seeking employment.

Nearby Job Markets

Nearby Cities for Nurse Practitioners

Comparing salaries near Reading, PA

Hiring Nurse Practitionerss?

Frequently Asked Questions

How much does a Nurse Practitioners make in Reading, PA?

The median annual salary for a Nurse Practitioners in Reading, PA is $135,270. This typically ranges from $99,780 for entry-level positions to $160,480 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Reading, PA is 2.7% higher than the national median of $131,710.

Is Reading, PA a lucrative place for Nurse Practitioners?

Yes, Reading, PA offers a lucrative environment for Nurse Practitioners.Nurse Practitioners in Reading earn slightly above the national average salary, and the cost of living is on par with the national average, making it a financially advantageous location.

Is Reading, PA a good place to live for Nurse Practitioners?

The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Reading, PA?

Some top paying nearby cities include Lebanon, PA ($124,940) and Lancaster, PA.

What is the average salary for a Nurse Practitioner in Reading, PA?

The average annual salary for a Nurse Practitioner in Reading, PA, is $135,270.

How does the Reading, PA salary compare to the national average?

The average salary in Reading, PA ($135,270) is slightly higher than the national average ($131,710).

What is the cost of living in Reading, PA for Nurse Practitioners?

The cost of living in Reading, PA is at the national average, with an index of 100.

How concentrated is the Nurse Practitioner job market in Reading, PA?

The Nurse Practitioner job market in Reading, PA has a Location Quotient of 0.8, indicating a slightly lower concentration than the national average.

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 Reading, PA area with a job density of 1.604 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.