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Average Registered Nurses Salary in Kokomo, IN

Registered Nurses in Kokomo, IN, earn an average annual salary of $83,290. This figure is notably below the national average of $97,850, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation within this specific Indiana city.

Executive Summary

  • Average Salary: $83,290 per year.
  • Growth Trend: Salaries have shifted 22.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $105,160.
  • Outlook: With a local workforce of 780 Registered Nurses and a Location Quotient of 1.03, Kokomo demonstrates a concentration of nursing professionals that is slightly above the national average. This indicates a stable, albeit not rapidly expanding, demand for RNs within the community, suggesting a robust job market for those in the profession.
2024 Market Data

Salary Overview

$83,290

The average Registered Nurses in Kokomo, IN earns-14.9%below the national average.

BreakdownBased on 40h/week
Hourly

$40

Weekly

$1,602

Monthly

$6,941

Registered Nurses Salary Distribution in Kokomo, IN

The salary progression for Registered Nurses in Kokomo, IN, typically scales with experience. Entry-level positions will command lower salaries, while seasoned RNs with specialized skills and extensive experience can expect to earn significantly more, potentially reaching higher percentiles of the salary range. These percentile gaps highlight clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$62,620$30.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$62,468$30
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$84,880$40.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$104,113$50.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$105,160$50.6

Detailed Registered Nurses Market Analysis

Relocation Context

Nominal Salary

$83,290

Gross Pay

Real Wage (Purchasing Power)

$83,290

Adjusted for COL (100)

The average annual salary of $83,290 in Kokomo, IN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an RN's salary in Kokomo is equivalent to the national standard, offering a stable financial environment for residents.

Job Market Context

780

Total Jobs

21.829

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Kokomo, IN has a slightly higher-than-average concentration of Registered Nurses roles compared to the national norm.

Kokomo's Location Quotient of 1.03 for Registered Nurses signifies a job market where the concentration of these professionals is just slightly higher than the national average. This suggests a competitive yet stable employment landscape, indicating that while opportunities exist, employers may have a solid pool of local talent to draw from.

Nearby Job Markets

Nearby Cities for Registered Nurses

CitySalaryDist.
Lafayette-West Lafayette, IN Registered Nurses Salary$81,970↓ 2%39 mi
Muncie, IN Registered Nurses Salary$81,220↓ 2%43 mi
Northern Indiana nonmetropolitan area Registered Nurses Salary$77,690↓ 7%43 mi
Southern Indiana nonmetropolitan area Registered Nurses Salary$76,650↓ 8%43 mi
Central Indiana nonmetropolitan area Registered Nurses Salary$81,530↓ 2%43 mi

Comparing salaries near Kokomo, IN

Hiring Registered Nursess?

Frequently Asked Questions

How much does a Registered Nurses make in Kokomo, IN?

The median annual salary for a Registered Nurses in Kokomo, IN is $83,290. This typically ranges from $62,620 for entry-level positions to $105,160 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kokomo, IN is 14.9% lower than the national median of $97,850.

Is Kokomo, IN a lucrative place for Registered Nurses?

No, not exceptionally lucrative compared to the national average.While the average salary of $83,290 is substantial, it falls below the national average of $97,850. However, the cost of living is on par with the national average, making the salary's purchasing power equivalent.

Is Kokomo, IN a good place to live for Registered Nurses?

The Cost of Living Index in Kokomo, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Kokomo, IN?

Some top paying nearby cities include Lafayette-West Lafayette, IN ($81,970) and Muncie, IN.

How does Kokomo's RN salary compare to the national average?

Registered Nurses in Kokomo, IN, earn an average of $83,290 annually, which is less than the national average of $97,850.

What is the cost of living for RNs in Kokomo, IN?

The cost of living in Kokomo, IN, is exactly at the national average (index of 100), meaning your salary's purchasing power is comparable to the national standard.

Is there high demand for Registered Nurses in Kokomo, IN?

With a Location Quotient of 1.03 and 21.829 jobs per 1,000 workers, the demand is stable and slightly above the national average, indicating a healthy job market.

How does experience affect an RN's salary in Kokomo, IN?

Experience significantly impacts salary, with entry-level nurses earning less and senior nurses with specialized skills commanding higher salaries, reflecting career progression.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 780 employees in the Kokomo, IN area with a job density of 21.829 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Registered Nurses • Data source: BLS OEWS 2024 •Jobs in Kokomo, IN