Average Nurse Practitioners Salary in Rockford, IL
Nurse Practitioners in Rockford, IL, earn an average annual salary of $125,060. This figure is slightly below the national average of $131,710, indicating localized market dynamics and potentially regional demand influencing compensation. Factors such as the specific healthcare needs of the area and the supply of qualified professionals contribute to this pay scale.
Executive Summary
- Average Salary: $125,060 per year.
- Growth Trend: Salaries have shifted 5.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $139,890.
- Outlook: Rockford, IL, hosts a Nurse Practitioner workforce of 340 individuals. With a Location Quotient of 1.22, the concentration of Nurse Practitioners in Rockford is higher than the national average, suggesting a robust demand or a specialized healthcare ecosystem within the region. The presence of 2.439 jobs per 1,000 workers further underscores a healthy employment landscape for these professionals.
Salary Overview
The average Nurse Practitioners in Rockford, IL earns-5.0%below the national average.
$60.1
$2,405
$10,422
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Nurse Practitioner salaries in Rockford, IL, have experienced steady growth over the past four years, mirroring national trends. Increased demand for advanced practice providers, evolving healthcare landscapes, and inflationary pressures typically drive upward salary adjustments in this vital profession.
Nurse Practitioners Salary Distribution in Rockford, IL
The salary trajectory for Nurse Practitioners in Rockford, IL, typically scales significantly with experience. Entry-level positions may start lower, but as practitioners gain experience and specialize, their earning potential increases substantially. The gap between entry-level and senior-level salaries, often reflected in percentile data, signifies clear career progression and opportunities for higher compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $99,910 | $48 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $93,795 | $45.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $130,130 | $62.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $156,325 | $75.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $139,890 | $67.3 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$125,060
Gross Pay
Real Wage (Purchasing Power)
$125,060
Adjusted for COL (100)
The average annual salary of $125,060 in Rockford, IL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, making Rockford an economically stable location for Nurse Practitioners from a cost-of-living perspective.
Job Market Context
340
Total Jobs
2.439
Per 1K Jobs
1.22
Location Quotient
With a location quotient of 1.22, Rockford, IL has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.
Rockford, IL, exhibits a Location Quotient of 1.22 for Nurse Practitioners, indicating a concentration 22% higher than the national average. This suggests that the job market is relatively more abundant or specialized in this area compared to the rest of the country, potentially offering more opportunities or a competitive environment for these skilled professionals.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Nurse Practitioners Salary | $133,590↑ 7% | 30 mi |
| Madison, WI Nurse Practitioners Salary | $137,750↑ 10% | 59 mi |
| Kenosha, WI Nurse Practitioners Salary | $135,820↑ 9% | 65 mi |
| Racine-Mount Pleasant, WI Nurse Practitioners Salary | $130,290↑ 4% | 71 mi |
| Chicago-Naperville-Elgin, IL-IN Nurse Practitioners Salary | $131,580↑ 5% | 78 mi |
Comparing salaries near Rockford, IL
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Rockford, IL?
The median annual salary for a Nurse Practitioners in Rockford, IL is $125,060. This typically ranges from $99,910 for entry-level positions to $139,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rockford, IL is 5.0% lower than the national median of $131,710.
Is Rockford, IL a lucrative place for Nurse Practitioners?
Yes, Rockford, IL offers a competitive salary for Nurse Practitioners.Nurse Practitioners in Rockford earn $125,060 annually, matching the national average cost of living. The higher-than-average concentration of NPs suggests a strong local market.
Is Rockford, IL a good place to live for Nurse Practitioners?
The Cost of Living Index in Rockford, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rockford, IL?
Some top paying nearby cities include Janesville-Beloit, WI ($133,590) and Madison, WI.
How does Rockford's Nurse Practitioner salary compare to the national average?
Nurse Practitioners in Rockford, IL, earn an average of $125,060 annually, which is slightly below the national average of $131,710.
What is the cost of living for Nurse Practitioners in Rockford, IL?
The cost of living in Rockford, IL, is exactly at the national average (index of 100), meaning your salary of $125,060 has equivalent purchasing power to the national average.
Is there high demand for Nurse Practitioners in Rockford, IL?
With a Location Quotient of 1.22, Rockford shows a higher concentration of Nurse Practitioners than the national average, indicating a potentially robust demand or specialized market for these professionals.
How many Nurse Practitioners work in Rockford, IL?
There are approximately 340 Nurse Practitioners employed in the Rockford, IL area, representing 2.439 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Rockford, IL area with a job density of 2.439 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 Rockford, IL