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Average Nurse Practitioners Salary in St. Cloud, MN

Nurse Practitioners in St. Cloud, MN, command an impressive average annual salary of $128,890. This figure is slightly below the national average of $131,710, suggesting a localized compensation structure influenced by regional economic factors and healthcare demand within the St. Cloud area. The specific needs and competitive landscape of the local healthcare market play a crucial role in shaping these salary offerings.

Executive Summary

  • Average Salary: $128,890 per year.
  • Growth Trend: Salaries have shifted 7.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $166,440.
  • Outlook: The Nurse Practitioner job market in St. Cloud, MN, appears robust, supported by a local workforce of 260 professionals. The Location Quotient of 1.27 indicates a higher concentration of Nurse Practitioners compared to the national average, suggesting a strong and established presence of these vital healthcare providers within the community. This concentration points to consistent demand and a stable employment environment for the profession.
2024 Market Data

Salary Overview

$128,890

The average Nurse Practitioners in St. Cloud, MN earns-2.1%below the national average.

BreakdownBased on 40h/week
Hourly

$62

Weekly

$2,479

Monthly

$10,741

Nurse Practitioners Salary Distribution in St. Cloud, MN

Salary progression for Nurse Practitioners in St. Cloud, MN, typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive clinical experience and specialized skills can expect to earn substantially more. The widening gap between lower and higher percentile salaries reflects the career advancement opportunities and the increased value placed on expertise and specialized knowledge within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$104,020$50
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$96,668$46.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$130,280$62.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$161,113$77.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$166,440$80

Detailed Nurse Practitioners Market Analysis

Relocation Context

Nominal Salary

$128,890

Gross Pay

Real Wage (Purchasing Power)

$128,890

Adjusted for COL (100)

For Nurse Practitioners considering a move to St. Cloud, MN, the nominal salary of $128,890 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the average salary in St. Cloud is equivalent to the national average, offering a stable financial outlook without the immediate pressure of higher or lower living expenses compared to the rest of the country.

Job Market Context

260

Total Jobs

2.524

Per 1K Jobs

1.27

Location Quotient

Above Average

With a location quotient of 1.27, St. Cloud, MN has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.

With a Location Quotient of 1.27, St. Cloud, MN, exhibits a notable concentration of Nurse Practitioners relative to the national average. This suggests a healthy and active job market for these professionals, where demand likely meets or slightly exceeds the supply, potentially leading to competitive compensation and ample career opportunities. The higher concentration indicates that St. Cloud is a recognized hub for NP employment.

Nearby Job Markets

Hiring Nurse Practitionerss?

Frequently Asked Questions

How much does a Nurse Practitioners make in St. Cloud, MN?

The median annual salary for a Nurse Practitioners in St. Cloud, MN is $128,890. This typically ranges from $104,020 for entry-level positions to $166,440 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in St. Cloud, MN is 2.1% lower than the national median of $131,710.

Is St. Cloud, MN a lucrative place for Nurse Practitioners?

Yes, St. Cloud, MN offers a competitive salary for Nurse Practitioners.The average salary of $128,890 is strong, and with a cost of living at the national average, it provides excellent purchasing power.

Is St. Cloud, MN a good place to live for Nurse Practitioners?

The Cost of Living Index in St. Cloud, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near St. Cloud, MN?

Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($132,280) and Southeast Minnesota nonmetropolitan area.

How does the St. Cloud NP salary compare to the national average?

The average annual salary for Nurse Practitioners in St. Cloud, MN is $128,890, which is slightly lower than the national average of $131,710.

What is the cost of living in St. Cloud, MN?

St. Cloud, MN has a Cost of Living Index of 100, which is exactly the national average, indicating typical living expenses.

Is there high demand for Nurse Practitioners in St. Cloud, MN?

Yes, the Location Quotient of 1.27 suggests a higher concentration of Nurse Practitioners than the national average, indicating strong local demand.

How many Nurse Practitioners work in St. Cloud, MN?

There are approximately 260 Nurse Practitioners employed in the St. Cloud, MN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the St. Cloud, MN area with a job density of 2.524 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.