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Average Nurse Practitioners Salary in Southeast Missouri nonmetropolitan area

Nurse Practitioners in Southeast Missouri's nonmetropolitan areas earn an average annual salary of $115,520. This figure is notably below the national average of $131,710, reflecting regional economic factors and potentially a different demand-supply dynamic for advanced practice providers in less urbanized settings. The specific economic landscape and healthcare needs of this area influence compensation levels.

Executive Summary

  • Average Salary: $115,520 per year.
  • Growth Trend: Salaries have shifted 10.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,030.
  • Outlook: With a local workforce of 460 Nurse Practitioners, Southeast Missouri's nonmetropolitan area demonstrates a significant concentration of these professionals, indicated by a Location Quotient of 1.41. This suggests a higher prevalence of Nurse Practitioners relative to the national average, implying a robust demand or established presence of the profession within the region's healthcare infrastructure.
2024 Market Data

Salary Overview

$115,520

The average Nurse Practitioners in Southeast Missouri nonmetropolitan area earns-12.3%below the national average.

BreakdownBased on 40h/week
Hourly

$55.5

Weekly

$2,222

Monthly

$9,627

Nurse Practitioners Salary Distribution in Southeast Missouri nonmetropolitan area

Career progression for Nurse Practitioners in Southeast Missouri's nonmetropolitan areas typically correlates with increased earning potential. Entry-level positions will naturally command lower salaries, while those with extensive experience, specialized certifications, or leadership roles can expect to earn considerably more. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and higher compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$91,290$43.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$86,640$41.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$108,190$52
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$144,400$69.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$136,030$65.4

Detailed Nurse Practitioners Market Analysis

Relocation Context

Nominal Salary

$115,520

Gross Pay

Real Wage (Purchasing Power)

$115,520

Adjusted for COL (100)

The nominal average annual salary of $115,520 for Nurse Practitioners in Southeast Missouri's nonmetropolitan area aligns perfectly with the national average cost of living (Index 100). This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national standard, suggesting a stable financial environment for residents.

Job Market Context

460

Total Jobs

2.808

Per 1K Jobs

1.41

Location Quotient

Above Average

With a location quotient of 1.41, Southeast Missouri nonmetropolitan area has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.

The Location Quotient of 1.41 for Nurse Practitioners in Southeast Missouri's nonmetropolitan area indicates a market where these professionals are more concentrated than the national average. This suggests a potentially competitive job market for employers seeking to fill positions, or a strong community of practice that meets local healthcare demands effectively.

Nearby Job Markets

Nearby Cities for Nurse Practitioners

Comparing salaries near Southeast Missouri nonmetropolitan area

Hiring Nurse Practitionerss?

Frequently Asked Questions

How much does a Nurse Practitioners make in Southeast Missouri nonmetropolitan area?

The median annual salary for a Nurse Practitioners in Southeast Missouri nonmetropolitan area is $115,520. This typically ranges from $91,290 for entry-level positions to $136,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southeast Missouri nonmetropolitan area is 12.3% lower than the national median of $131,710.

Is Southeast Missouri nonmetropolitan area a lucrative place for Nurse Practitioners?

No, not compared to the national average.While Nurse Practitioners earn a respectable $115,520 annually, this is below the national average of $131,710. However, the cost of living is also at the national average, making the effective purchasing power comparable.

Is Southeast Missouri nonmetropolitan area a good place to live for Nurse Practitioners?

The Cost of Living Index in Southeast Missouri nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southeast Missouri nonmetropolitan area?

Some top paying nearby cities include Jefferson City, MO ($120,090) and Columbia, MO.

How does the Nurse Practitioner workforce size compare nationally?

With 2.808 Nurse Practitioners per 1,000 workers, this region has a notable presence, exceeding the national average as indicated by the Location Quotient of 1.41.

What is the significance of the Location Quotient (LQ) of 1.41?

An LQ of 1.41 means that Nurse Practitioners are 41% more concentrated in this Southeast Missouri nonmetropolitan area than the national average, suggesting a strong regional focus on this profession.

How does experience impact a Nurse Practitioner's salary in this region?

Experience is a key driver of salary increases, with senior Nurse Practitioners earning significantly more than those in entry-level roles, reflecting a typical career progression.

Is the cost of living a factor in the salary for Nurse Practitioners here?

The cost of living index is 100, matching the national average. This means the $115,520 salary offers purchasing power equivalent to the national average, despite being lower than the national salary benchmark.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Southeast Missouri nonmetropolitan area area with a job density of 2.808 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.