Average Nurse Practitioners Salary in Winston-Salem, NC
Nurse Practitioners in Winston-Salem, NC, command an impressive average annual salary of $132,460. This figure slightly surpasses the national average of $131,710, indicating a strong local demand for these skilled healthcare professionals. The competitive compensation reflects the specialized skills and critical role Nurse Practitioners play within the Winston-Salem healthcare ecosystem.
Executive Summary
- Average Salary: $132,460 per year.
- Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,300.
- Outlook: Winston-Salem presents a robust job market for Nurse Practitioners, evidenced by a local workforce of 680 professionals. The Location Quotient of 1.25 suggests a higher concentration of these roles compared to the national average, implying consistent demand and a healthy job environment for those in the field.
Salary Overview
The average Nurse Practitioners in Winston-Salem, NC earns+0.6%above the national average.
$63.7
$2,547
$11,038
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that Nurse Practitioner salaries in Winston-Salem have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in medical practice, and a growing demand for advanced practice providers likely contribute to this upward salary trajectory.
Nurse Practitioners Salary Distribution in Winston-Salem, NC
Career progression for Nurse Practitioners in Winston-Salem is typically marked by significant salary increases with experience. Entry-level positions might start at a lower percentile, but as practitioners gain experience, develop specialized skills, and potentially move into leadership roles, their earning potential can climb substantially, reflecting the value of their expertise and tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $104,000 | $50 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $99,345 | $47.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $132,790 | $63.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $165,575 | $79.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $164,300 | $79 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$132,460
Gross Pay
Real Wage (Purchasing Power)
$132,460
Adjusted for COL (100)
The average annual salary of $132,460 in Winston-Salem aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Nurse Practitioner's salary in Winston-Salem is equivalent to the national standard, offering a stable financial outlook without the pressure of significantly higher or lower living expenses.
Job Market Context
680
Total Jobs
2.483
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, Winston-Salem, NC has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.
With a Location Quotient of 1.25, Winston-Salem demonstrates a notable concentration of Nurse Practitioner roles relative to the national landscape. This suggests that the job market is more robust and potentially more competitive for employers seeking talent, while also indicating a favorable environment for Nurse Practitioners looking for opportunities within the area.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Nurse Practitioners Salary | $122,790↓ 7% | 23 mi |
| Eastern North Carolina nonmetropolitan area Nurse Practitioners Salary | $114,570↓ 14% | 41 mi |
| Western North Carolina nonmetropolitan area Nurse Practitioners Salary | $119,090↓ 10% | 41 mi |
| Central North Carolina nonmetropolitan area Nurse Practitioners Salary | $118,160↓ 11% | 41 mi |
| Burlington, NC Nurse Practitioners Salary | $126,280↓ 5% | 43 mi |
Comparing salaries near Winston-Salem, NC
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Winston-Salem, NC?
The median annual salary for a Nurse Practitioners in Winston-Salem, NC is $132,460. This typically ranges from $104,000 for entry-level positions to $164,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winston-Salem, NC is 0.6% higher than the national median of $131,710.
Is Winston-Salem, NC a lucrative place for Nurse Practitioners?
Yes, Winston-Salem, NC offers a lucrative environment for Nurse Practitioners.The average salary of $132,460 is higher than the national average, and the cost of living is on par with the national average, providing strong purchasing power.
Is Winston-Salem, NC a good place to live for Nurse Practitioners?
The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winston-Salem, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($122,790) and Eastern North Carolina nonmetropolitan area.
How does the Nurse Practitioner salary in Winston-Salem compare to the national average?
The average annual salary for Nurse Practitioners in Winston-Salem is $132,460, which is slightly higher than the national average of $131,710.
What is the significance of the Location Quotient (LQ) for Nurse Practitioners in Winston-Salem?
A Location Quotient of 1.25 indicates that Nurse Practitioners are 25% more concentrated in Winston-Salem than the national average, suggesting a higher demand and a more robust local job market for this profession.
How does the cost of living affect the Nurse Practitioner salary in Winston-Salem?
With a Cost of Living Index of 100, the national average, the $132,460 salary in Winston-Salem offers the same purchasing power as the national average salary, indicating good financial stability.
What is the total number of Nurse Practitioners employed in Winston-Salem?
There are approximately 680 Nurse Practitioners employed in the Winston-Salem area, contributing to the local healthcare workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Winston-Salem, NC area with a job density of 2.483 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 Winston-Salem, NC