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Average Nurse Practitioners Salary in Southwest Virginia nonmetropolitan area

Nurse Practitioners in Southwest Virginia nonmetropolitan area earn an average annual salary of $117,680. This figure is notably below the national average of $131,710, reflecting regional economic factors and the specific demand dynamics within this nonmetropolitan setting. The compensation reflects a balance between local market conditions and the specialized skills required for the role.

Executive Summary

  • Average Salary: $117,680 per year.
  • Growth Trend: Salaries have shifted 14.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $145,220.
  • Outlook: With a total local workforce of 240 Nurse Practitioners, the job market in Southwest Virginia nonmetropolitan area demonstrates a stable presence. The Location Quotient of 1.04 indicates a concentration of these professionals that is slightly above the national average, suggesting a consistent, albeit not overwhelmingly high, demand for their services within the region.
2024 Market Data

Salary Overview

$117,680

The average Nurse Practitioners in Southwest Virginia nonmetropolitan area earns-10.7%below the national average.

BreakdownBased on 40h/week
Hourly

$56.6

Weekly

$2,263

Monthly

$9,807

Nurse Practitioners Salary Distribution in Southwest Virginia nonmetropolitan area

Salary progression for Nurse Practitioners in Southwest Virginia nonmetropolitan area typically correlates with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while seasoned professionals with specialized skills and extensive experience can expect to earn significantly more, potentially reaching the higher percentiles. The gap between entry-level and senior salaries signifies clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$90,300$43.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$88,260$42.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$116,630$56.1
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$147,100$70.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$145,220$69.8

Detailed Nurse Practitioners Market Analysis

Relocation Context

Nominal Salary

$117,680

Gross Pay

Real Wage (Purchasing Power)

$117,680

Adjusted for COL (100)

The average annual salary of $117,680 in Southwest Virginia nonmetropolitan area 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 average, offering a stable financial standing relative to the cost of everyday goods and services.

Job Market Context

240

Total Jobs

2.073

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Southwest Virginia nonmetropolitan area has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.

The Location Quotient of 1.04 for Nurse Practitioners in Southwest Virginia nonmetropolitan area suggests a job market that is closely aligned with national employment patterns for this profession. While slightly more concentrated than the national average, this indicates a healthy and competitive environment where the supply of Nurse Practitioners is well-matched to the existing demand, without significant oversupply or undersupply.

Nearby Job Markets

Nearby Cities for Nurse Practitioners

Comparing salaries near Southwest Virginia nonmetropolitan area

Hiring Nurse Practitionerss?

Frequently Asked Questions

How much does a Nurse Practitioners make in Southwest Virginia nonmetropolitan area?

The median annual salary for a Nurse Practitioners in Southwest Virginia nonmetropolitan area is $117,680. This typically ranges from $90,300 for entry-level positions to $145,220 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Virginia nonmetropolitan area is 10.7% lower than the national median of $131,710.

Is Southwest Virginia nonmetropolitan area a lucrative place for Nurse Practitioners?

No, not exceptionally lucrative compared to the national average.While the average salary of $117,680 is substantial, it falls below the national average of $131,710. However, the cost of living is also at the national average, meaning the salary offers standard purchasing power.

Is Southwest Virginia nonmetropolitan area a good place to live for Nurse Practitioners?

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

Where are the highest paying cities near Southwest Virginia nonmetropolitan area?

Some top paying nearby cities include Charlottesville, VA ($126,050) and Richmond, VA.

How does the Nurse Practitioner salary in Southwest Virginia compare to the national average?

The average annual salary for Nurse Practitioners in Southwest Virginia nonmetropolitan area is $117,680, which is approximately $14,000 less than the national average of $131,710.

What is the concentration of Nurse Practitioners in Southwest Virginia nonmetropolitan area?

The Location Quotient for Nurse Practitioners in this region is 1.04, indicating a concentration that is slightly higher than the national average.

How does the Cost of Living in Southwest Virginia nonmetropolitan area affect the Nurse Practitioner salary?

The Cost of Living Index is 100, which is the national average. This means the $117,680 salary offers purchasing power equivalent to the national average, despite being below the national salary average.

What is the total number of Nurse Practitioners in Southwest Virginia nonmetropolitan area?

There are approximately 240 Nurse Practitioners employed in the Southwest Virginia nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Southwest Virginia nonmetropolitan area area with a job density of 2.073 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.