Nurse practitioners (NPs) are registered nurses (RNs) who have completed advanced study -- all nurse practitioners must have a minimum of a master's degree. Nurse practitioners can complete all the tasks RNs do, but nurse practitioners can act as primary or specialty care providers and write prescriptions for medications. The extra study and effort is well worth it, with some nurse practitioners earning 35 percent more than than registered nurses.
Average RN Salary
Because all nurse practitioners are registered nurses, the Bureau of Labor Statistics does not provide a separate salary breakdown for NPs. They simply provide data for the registered nurse industry as a whole. They indicate that, based on 2009 data, registered nurses make an average yearly salary of $66.530. This represents a 0.2 percent increase since 2008. The range for the industry is $43,970 to $93,700.
Nurse Practioner Wages
Because the BLS lumps all registered nurses together, the average salary the BLS provides is not necessarily representative of the salary earned by nurse practitioners alone. The Advance for NPs & PAs website breaks down salaries specifically for nurse practitioners by state. Their data shows that nurse practitioners in most states make salaries between approximately $75,000 and $95,000. This is consistent with data from the Indeed website, which lists the average annual salary as $90,000. According to Advance, a few states such as California give nurse practitioners average yearly salaries that exceed $100,000.
Wages By State
The Bureau of Labor Statistics indicates which states pay the highest salaries to all registered nurses, including NPs. These states include California ($85,080), Massachusetts ($81,780), Hawaii ($80,020), Maryland ($76,330) and Nevada ($74,990), based on 2009 data. The Advance website also provides salary data broken down by state, but they give information only for nurse practitioners. The top-paying states according to Advance based on 2010 data include California ($106,481), Nevada ($97,836), Arizona ($97,242), Alaska ($102,710) and New Jersey ($98,896).
In addition to geographical location, other factors influence how much a nurse practitioner earns. The PreMed Guide asserts that nurse practitioners make more money if they have more education and experience, so nurse practitioners who want to better their financial situation should consider taking continuing education credits and becoming certified in more than one specialization. They also point out that, although 80 percent of nurse practitioners work in the hospital setting, those who work outside of the hospital setting bring in higher salaries.
- Photo Credit nurse on duty image by Pix by Marti from Fotolia.com
How Much Do Oncology Nurse Practitioners Make?
An Oncology Nurse Practitioner is a registered nurse with a master's degree in advanced practice nursing with a specialization in cancer care....
How Much Money Does a Nurse Practitioner Make in a Year?
A nurse practitioner is an advanced practice nurse. This professional diagnoses and treats a variety of patients. This profession ranked fourth out...
How to Become a Nurse Practitioner
Once a professional nurse is ready to move on to the next level in his/her career, several opportunities become available. Completing the...
How Much Do RNs Make in Boston?
With about 30,000 employed registered nurses (RNs), Boston has the fifth largest number of RNs of all U.S. cities, according to the...
How Much Do RN Nurses Make a Year?
In addition to salary, registered nurses must also take into account other benefits offered by employers. The nursing industry often provides flexible...