Wednesday, June 26, 2019

How much does a Nurse Practitioner make?

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How much does a Nurse Practitioner make? Nurse Practitioners Salaries are among the highest among other nurse salaries nationally.

There are several factors that will determine the salary of a nurse practitioner, namely;

The type of company where Nurse Practitioner work

NP can work in a variety of settings, including hospitals, private practices, government institutions, and more.

Private practices usually offer the most space in salary negotiations, government institutions and while hospitals may have budgeted salary schedules that may not be as flexible.

Location of Nurse Practitioner work

Cities and states can make a dramatic difference in NP salaries, because things like living costs must be taken into account.

Larger urban cities and denser states tend to offer higher salaries, while rural areas may fall at the lower end of the national average. At present, the average salary for a nurse practitioner is $107,460 per year.

New York falls at the higher end of the spectrum, with average NP salaries at landings at $113,450 per year, while Tennessee TN is at the lower end of the spectrum, with an average annual salary of $93,790.

how much does a nurse practitioner make

Experience & Degree Levels of Nurse Practitioner

NP with a high level of experience and valid certification can usually get more than just started, and the degree level can make an impact too.

While postgraduate level degrees are the standard for NP, those with doctoral degrees (DNP) may have access to the most prestigious and highest paid NP roles.

Location Total Employment Annual Salary
United States 166,280 $103,880
Alabama 3,230 $93,040
Alaska 440 $125,820
Arizona 3,120 $106,130
Arkansas 1,830 $94,270
California 13,570 $122,840
Colorado 2,810 $103,610
Connecticut 2,220 $113,130
Delaware 650 $103,360
District of Columbia 700 $108,070
Florida 10,380 $96,490
Georgia 5,200 $98,660
Hawaii 410 $123,430
Idaho 590 $101,830
Illinois 4,610 $99,390
Indiana 4,120 $99,380
Iowa 1,660 $101,570
Kansas 2,010 $96,770
Kentucky 3,110 $93,850
Louisiana 2,420 $94,430
Maine 1,150 $98,920
Maryland 3,620 $104,280
Massachusetts 6,280 $116,760
Michigan 3,970 $99,460
Minnesota 3,900 $112,000
Mississippi 2,480 $98,470
Missouri 4,150 $95,500
Montana 530 $98,280
Nebraska 1,020 $99,200
Nevada 680 $102,910
New Hampshire 1,150 $107,300
New Jersey 4,840 $118,010
New Mexico 960 $108,430
New York 13,450 $115,030
North Carolina 4,130 $99,510
North Dakota 420 $101,150
Ohio 7,460 $99,110
Oklahoma 1,600 $98,220
Oregon 1,570 $112,950
Pennsylvania 5,730 $97,020
Rhode Island 640 $109,320
South Carolina 2,000 $95,130
South Dakota 470 $99,430
Tennessee 6,550 $94,720
Texas 10,730 $109,620
Utah 1,520 $98,260
Vermont 440 $100,900
Virginia 4,500 $99,180
Washington 3,110 $111,620
West Virginia 1,040 $93,040
Wisconsin 2,900 $100,280
Wyoming 230 $111,270
Puerto Rico 1,190 $19,440
Table data sources from BLS 2017.
Hourly Nurse Practitioner's Salary
Based on the factors listed above, many prospective nurse practitioners want to know how much they will produce per hour.

According to the Bureau of Labor Statistics (BLS), the national average hourly wage for nurse practitioners is $49.94 in May 2017 (latest data available). Most NPs receive hourly wages between $35.98 and $70.01.

The highest paid industries for nurse practitioners are as follows (on average):
  • Personal care services, with an average hourly wage of $67.05
  • Management, scientific and technical consulting services, with an average hourly wage of $63.56
  • Special hospitals (excluding psychiatric and drug abuse), with an average hourly wage of $53.41
nurse practitioner salary in california
Nurse Practitioner salary in California.

The highest paid city for NP
Strangely, not all cities with the highest NP compensation are in the state with the highest payment. Here are the highest paid cities for NPs registered with the average annual salary (BLS 2014):
  • Columbus, IN: $146,450
  • San Jose-Sunnyvale-Santa Clara, CA: $139,570
  • South Texas nonmetropolitan area: $136,420
  • Vallejo-Fairfield, CA: $127,860
  • San Francisco-San Mateo-Redwood City, CA: $127,790
  • Honolulu, HI: $126,550
  • Lafayette, IN: $126,170
  • Texarkana-Texarkana, TX-AR: $125,020
  • Visalia-Porterville CA: $123,580
  • New Bedford, MA: $123,470
Finally, the highest paid area is not necessarily a place that employs a lot of labor for TN and there may be higher competition for job openings. There are several cities that provide many opportunities for TN, especially throughout the northeastern state.
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