Average Nurse Practitioners Salary in Springfield, MO
Nurse Practitioners in Springfield, MO, earn an average annual salary of $120,370. This figure is slightly below the national average of $131,710, suggesting that while the demand is present, local economic factors and the specific healthcare market dynamics in Springfield contribute to this compensation level.
Executive Summary
- Average Salary: $120,370 per year.
- Growth Trend: Salaries have shifted 33.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $149,570.
- Outlook: With a local workforce of 520 Nurse Practitioners and a Location Quotient of 1.19, Springfield, MO, demonstrates a healthy concentration of these professionals relative to the national average. This indicates a stable and potentially growing demand for Nurse Practitioners within the region, suggesting a robust job market for those in the field.
Salary Overview
The average Nurse Practitioners in Springfield, MO earns-8.6%below the national average.
$57.9
$2,315
$10,031
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that Nurse Practitioner salaries in Springfield, MO, have experienced consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in medical practice, and inflation likely contribute to a positive salary trajectory for these essential healthcare providers.
Nurse Practitioners Salary Distribution in Springfield, MO
Salary progression for Nurse Practitioners in Springfield, MO, typically correlates with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn significantly more. The gap between entry-level and senior-level salaries represents clear career advancement opportunities and increased earning potential within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $94,500 | $45.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $90,278 | $43.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $122,220 | $58.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $150,463 | $72.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $149,570 | $71.9 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$120,370
Gross Pay
Real Wage (Purchasing Power)
$120,370
Adjusted for COL (100)
The average annual salary of $120,370 in Springfield, MO, is perfectly aligned with the local Cost of Living Index of 100, which matches the national average. This means that the purchasing power of a Nurse Practitioner's salary in Springfield is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
520
Total Jobs
2.363
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, Springfield, MO has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.
A Location Quotient of 1.19 signifies that Nurse Practitioners are more concentrated in Springfield, MO, than the national average. This suggests a slightly higher demand or a more established presence of these professionals in the local market compared to other regions, potentially leading to a competitive yet accessible job landscape.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Joplin, MO-KS Nurse Practitioners Salary | $120,810↑ 0% | 67 mi |
| Fayetteville-Springdale-Rogers, AR Nurse Practitioners Salary | $128,550↑ 7% | 91 mi |
Comparing salaries near Springfield, MO
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Springfield, MO?
The median annual salary for a Nurse Practitioners in Springfield, MO is $120,370. This typically ranges from $94,500 for entry-level positions to $149,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MO is 8.6% lower than the national median of $131,710.
Is Springfield, MO a lucrative place for Nurse Practitioners?
Yes, Springfield, MO offers a competitive salary for Nurse Practitioners.Nurse Practitioners in Springfield earn $120,370 annually, which is on par with the national cost of living. The location quotient indicates a strong presence of these professionals, suggesting consistent demand.
Is Springfield, MO a good place to live for Nurse Practitioners?
The Cost of Living Index in Springfield, MO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MO?
Some top paying nearby cities include Joplin, MO-KS ($120,810) and Fayetteville-Springdale-Rogers, AR.
How does the Springfield, MO Nurse Practitioner salary compare to the national average?
The average annual salary for Nurse Practitioners in Springfield, MO is $120,370, which is approximately 8.6% lower than the national average of $131,710.
What is the cost of living in Springfield, MO for Nurse Practitioners?
The cost of living in Springfield, MO is indexed at 100, which is exactly the national average. This means that the purchasing power of a Nurse Practitioner's salary in Springfield is equivalent to the national average.
How many Nurse Practitioners are there in Springfield, MO?
Springfield, MO has a local workforce of approximately 520 Nurse Practitioners.
Is the job market for Nurse Practitioners strong in Springfield, MO?
Yes, the job market appears strong, indicated by a Location Quotient of 1.19, suggesting a higher concentration of Nurse Practitioners than the national average, implying steady demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the Springfield, MO area with a job density of 2.363 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 Springfield, MO